Buyer's Market · avg house price $2,206,000 · 7 houses sold (30d) · 57 days on market
Buyers currently have more choice in Elgin Chantrell, Surrey's detached home market, with homes taking longer to sell. In the past 30 days, 7 houses and detached homes sold across Elgin Chantrell, Surrey at an average sold price of $2,206,000. Properties are selling in an average of 57 days on the market. The absorption rate is 8% — meaning 8% of the active house inventory sells each month. Average house prices in Elgin Chantrell, Surrey are down 7.2% compared to the 90-day average of $2,377,674. If you're considering buying a house in Elgin Chantrell, Surrey, you have more time to negotiate — though well-priced single-family homes still attract attention.
12-month average house sold price
Elgin Chantrell is a Buyer's Market for detached homes and houses (absorption rate: 8%, 7 sold vs 87 active listings in the last 30 days).