East Newton, Surrey Townhouse Market Report – March 2021

In March 2021, the East Newton, Surrey townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 35.1%. 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.

39 townhouse properties sold in East Newton, Surrey during March 2021 based on MLS® records. There were 111 active listings at the start of the month. A total of 64 new listings came to market during the month.

The average townhouse sold price in East Newton, Surrey in March 2021 was $628,491. Sold prices ranged from $440,000 to $845,000. Data is sourced from MLS® board records.

In March 2021, townhouse properties in East Newton, Surrey averaged 13 days on the market before selling. With an absorption rate of 35.1%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in East Newton, Surrey in March 2021 was $628,491, up 13.8% year-over-year compared to March 2020 ($552,500). Sales volume was up 3800% compared to the same month last year. Data is sourced from MLS® sold records.