East Newton, Surrey House Market Report – August 2020

In August 2020, the East Newton, Surrey house real estate market is classified as a Strong Seller's Market with an absorption rate of 30.4%. It is currently a strong seller's market in East Newton, Surrey, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

34 house properties sold in East Newton, Surrey during August 2020 based on MLS® records. There were 112 active listings at the start of the month. A total of 65 new listings came to market during the month.

The average house sold price in East Newton, Surrey in August 2020 was $1,056,835. Sold prices ranged from $725,000 to $1,600,000. Data is sourced from MLS® board records.

In August 2020, house properties in East Newton, Surrey averaged 24 days on the market before selling. With an absorption rate of 30.4%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

Year-over-year comparison data is not available for East Newton, Surrey in August 2020. Browse the monthly archive to track price trends over multiple years for this area. Data is sourced from MLS® sold records.