The March Momentum: Why February’s 36% Sales Jump Matters for You

While the headlines often focus on the "Buyer’s Market" (which is true—inventory is still 51% above the 10-year average), that 36% spike in sales tells us that the "holding pattern" is breaking. Buyers who were sitting on the sidelines last year are finally stepping off.

Here is what this momentum means for your selling strategy this week.

1. The "Early Bird" Advantage

A 36% jump in sales doesn't happen by accident. It happens because savvy buyers are trying to get ahead of the "April Flood." Historically, as we move deeper into spring, more sellers list their homes, meaning more competition for you.

• The Modern Move: By listing now while sales are trending up but before the peak inventory hits in April, you capture the most motivated buyers with the least amount of competition.

2. The Pricing Sweet Spot

Even with more sales, the composite benchmark price in the Valley has settled at $895,100. This is the first time in years we’ve seen prices stabilize under the $900k mark.

• Why it matters: Buyers are seeing "value" again. They feel like they aren't overpaying, which is making them more likely to write an offer. If your home is priced to reflect this new benchmark, you are positioned to be one of the homes that contributes to next month's sales jump.

3. Faster Sales for "Move-In Ready" Homes

In February, single-family detached homes took an average of 47 days to sell. While that’s a "marathon" compared to 2021, it’s a healthy, functional pace.

• The Modern Move: The homes that are selling in that 47-day window are the ones that are "10/10." Buyers aren't looking for projects; they are looking for sanctuaries. My signature staging and cinematic video tours are designed to make your home the "easy choice" for these active buyers.

4. The Return of the "Upsizer"

Many of the 843 sales we saw in February were families moving up. They’ve realized that while they might get slightly less for their current home, their next home—that bigger backyard in Mission or the quiet cul-de-sac in Abbotsford—is also more affordable.

• The Modern Move: We focus our marketing on the "Lifestyle Upgrade." We show the growing family exactly how your home solves their space problems, making it easy for them to say "yes."

Is It Your Time to Move?

The "Spring Thaw" is here, and the momentum is building. Selling in a high-inventory market requires more than just a sign in the yard; it requires a data-driven strategy and a modern approach to marketing.

Want to know how many buyers are looking for a home exactly like yours right now?

Let’s look at the real-time data for your neighbourhood. I’ll show you exactly how we can capitalize on this 36% jump to get your family moved before the summer.

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