Buyer's Market · avg house price $2,196,000 · 5 houses sold (30d) · 68 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, 5 houses and detached homes sold across Elgin Chantrell, Surrey at an average sold price of $2,196,000. Properties are selling in an average of 68 days on the market. The absorption rate is 6% — meaning 6% of the active house inventory sells each month. Average house prices in Elgin Chantrell, Surrey are down 0.8% compared to the 90-day average of $2,214,406. 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: 6%, 5 sold vs 83 active listings in the last 30 days).