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Abbotsford Real Estate Market Roundup

Abbotsford Detached Home Update for May 2019

Following are some of the highlights for detached homes in Abbotsford in May 2019:

  • There were 100 detached home sales in Abbotsford in May 2019 – a change of -15.97% over May 2018 and a change of 14.94% over April 2019
  • There were 253 new listings of detached homes in Abbotsford in May 2019 – a change of 1.61% over May 2018 and a change of 25.25% over April 2019
  • The benchmark price of a detached home in Abbotsford in May 2019 was $803,300 – a change of -3.98% over May 2018 and a change of -0.27% over April 2019

The sales-to-active listings ratio netted out a market absorption rate of 21.19%, indicating a Seller's Market for detached homes in Abbotsford in May 2019 (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 May 2019.

Abbotsford Townhouse Update for May 2019

Following are some of the highlights for townhouses in Abbotsford in May 2019:

  • There were 66 townhouse sales in Abbotsford in May 2019 – a change of 4.76% over May 2018 and a change of 6.45% over April 2019
  • There were 142 new listings of townhouses in Abbotsford in May 2019 – a change of 30.28% over May 2018 and a change of 42.00% over April 2019
  • The benchmark price of a townhouse in Abbotsford in May 2019 was $378,800 – a change of -4.20% over May 2018 and a change of 0.64% over April 2019

The sales-to-active listings ratio netted out a market absorption rate of 29.20%, indicating a Seller's Market for townhouses in Abbotsford in May 2019 (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 May 2019.

Abbotsford Condominium Update for May 2019

Following are some of the highlights for condominiums in Abbotsford in May 2019:

  • There were 77 condominium sales in Abbotsford in May 2019 – a change of -25.24% over May 2018 and a change of 5.48% over April 2019
  • There were 151 new listings of condominiums in Abbotsford in May 2019 – a change of -24.88% over May 2018 and a change of 19.84% over April 2019
  • The benchmark price of a condominium in Abbotsford in May 2019 was $317,500 – a change of -10.16% over May 2018 and a change of -1.00% over April 2019

The sales-to-active listings ratio netted out a market absorption rate of 25.33%, indicating a Seller's Market for condominiums in Abbotsford in May 2019 (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 May 2019.

*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 for the Abbotsford real estate market.

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