Fraser's real estate market is currently hot with low inventory and high demand. Home prices have decreased 5.2% in the past month. At the current pace, all available homes in Fraser would sell out in just 0.8 months, indicating a continued supply shortage. Homes are taking about 32 days to sell, which is 1 days longer than this time last year. A significant 40.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 16.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Fraser market with the affordability index at 70.3. Looking ahead, the Fraser market is expected to maintain its current trajectory with relatively stable conditions.
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