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Westcoast Condominium
What a difference two weeks makes. In the last edition of West Coast Condominium, we reported 208 active listings in Surrey with a median price of $309,850. Check out the numbers today: more than triple the choice and a median price well down from our January 29 issue.
You can get into a Surrey condo for as little as $59,900 for a studio in Sunnyside Park. That one’s been sitting on the market since October. You’ll have to go higher for the more recent listings, which include a two-bedroom in Guildford’s Creekside for $134,500 and $139,900 for a one-bedroom in Southmere Villa.
If you want to zero in on that $235,000 median price, the most recent choice is a two-bedroom in The Birches in Queen Mary Park. It was listed January 22.
Cedar Hills
There are seven active listings in this neighbourhood where the buildings are all on the older side (the average age of the listed condos is 29 years). Three of these are in Chandlers Hill, which is within walking distance of transit routes. The least expensive of these homes came on the market January 19 and is a one-bedroom listed for $127,900. The building’s other two listed properties are two-bedroom units with prices of $182,800 and $193,000.
A recent sale in Chandlers Hill left the sellers with smiles. They listed their one-bedroom in October for $97,900 and closed a deal January 18 for $105,100 – seven per cent more than asking.
Whalley
If you want to understand the tremendous change that SkyTrain has made to our region’s neighbourhoods, look no farther than Whalley. The landscape here is completely different than before rapid transit arrived. The building boom means lots of listings; there are 233 here currently ranging from $104,900 to $849,900 in complexes as old as 34 to ones that won’t be ready until 2018.
One of the quickest recent sales here was in Melrose Gardens. This two-bedroom suite spent nine days on the market before going for two per cent under its $199,900 list price.
Surrey condo market snapshot
