Abbotsford Detached Home Update for October 2023
Following are some of the highlights for detached homes in Abbotsford in October 2023:
- There were 45 detached home sales in Abbotsford in October 2023 – a change of -15.09% over October 2022 and a change of -4.26% over September 2023
- There were 140 new listings of detached homes in Abbotsford in October 2023 – a change of 27.27% over October 2022 and a change of -4.11% over September 2023
- The average price of a detached home in Abbotsford in October 2023 was $1,178,586 – a change of 5.98% over October 2022 and a change of -2.29% over September 2023
The sales-to-active listings ratio netted out a market absorption rate of 12.71%, indicating a Balanced Market for detached homes in Abbotsford in October 2023 (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 October 2023.
Abbotsford Townhouse Update for October 2023
Following are some of the highlights for townhouses in Abbotsford in October 2023:
- There were 34 townhouse sales in Abbotsford in October 2023 – a change of 6.25% over October 2022 and a change of -17.07% over September 2023
- There were 49 new listings of townhouses in Abbotsford in October 2023 – a change of -27.94% over October 2022 and a change of -34.67% over September 2023
- The average price of a townhouse in Abbotsford in October 2023 was $688,193 – a change of 16.91% over October 2022 and a change of 4.79% over September 2023
The sales-to-active listings ratio netted out a market absorption rate of 33.01%, indicating a Seller's Market for townhouses in Abbotsford in October 2023 (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 October 2023.
Abbotsford Condominium Update for October 2023
Following are some of the highlights for condominiums in Abbotsford in October 2023:
- There were 64 condominium sales in Abbotsford in October 2023 – a change of 25.49% over October 2022 and a change of -7.25% over September 2023
- There were 99 new listings of condominiums in Abbotsford in October 2023 – a change of 7.61% over October 2022 and a change of -3.88% over September 2023
- The average price of a condominium in Abbotsford in October 2023 was $428,270 – a change of 9.36% over October 2022 and a change of -6.90% over September 2023
The sales-to-active listings ratio netted out a market absorption rate of 40.76%, indicating a Seller's Market for condominiums in Abbotsford in October 2023 (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 October 2023.
*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.