Abbotsford Detached Home Update for March 2024
Following are some of the highlights for detached homes in Abbotsford in March 2024:
- There were 69 detached home sales in Abbotsford in March 2024 – a change of -25.81% over March 2023 and a change of 2.99% over February 2024
- There were 177 new listings of detached homes in Abbotsford in March 2024 – a change of 24.65% over March 2023 and a change of 26.43% over February 2024
- The average price of a detached home in Abbotsford in March 2024 was $1,239,886 – a change of 8.91% over March 2023 and a change of 4.74% over February 2024
The sales-to-active listings ratio netted out a market absorption rate of 21.97%, indicating a Seller's Market for detached homes in Abbotsford in March 2024 (click on the link learn more about local housing market ratios on the BC Real Estate Association Blog.
Full details here: Abbotsford Detached Home Market Update March 2024.
Abbotsford Townhouse Update for March 2024
Following are some of the highlights for townhouses in Abbotsford in March 2024:
- There were 49 townhouse sales in Abbotsford in March 2024 – a change of 2.08% over March 2023 and a change of 32.43% over February 2024
- There were 80 new listings of townhouses in Abbotsford in March 2024 – a change of 26.98% over March 2023 and a change of 26.98% over February 2024
- The average price of a townhouse in Abbotsford in March 2024 was $726,974 – a change of 12.44% over March 2023 and a change of 2.04% over February 2024
The sales-to-active listings ratio netted out a market absorption rate of 46.23%, indicating a Seller's Market for townhouses in Abbotsford in March 2024 (click on the link learn more about local housing market ratios on the BC Real Estate Association Blog.
Full details here: Abbotsford Townhouse Market Update March 2024.
Abbotsford Condominium Update for March 2024
Following are some of the highlights for condominiums in Abbotsford in March 2024:
- There were 66 condominium sales in Abbotsford in March 2024 – a change of -30.53% over March 2023 and a change of 0.00% over February 2024
- There were 129 new listings of condominiums in Abbotsford in March 2024 – a change of -0.77% over March 2023 and a change of 20.56% over February 2024
- The average price of a condominium in Abbotsford in March 2024 was $453,796 – a change of 14.84% over March 2023 and a change of -1.48% over February 2024
The sales-to-active listings ratio netted out a market absorption rate of 33.85%, indicating a Seller's Market for condominiums in Abbotsford in March 2024 (click on the link learn more about local housing market ratios on the BC Real Estate Association Blog.
Full details here: Abbotsford Condominium Market Update March 2024.
*Disclaimer*
All of the data for the monthly real estate market updates are taken directly from the statistics packages that the Fraser Valley Real Estate Board publishes every month.
Although rare, errors and omissions may happen from time to time. If you want to be absolutely certain the you have the most accurate data, we encourage you to click on the link to the FVREB’s current statistics package.