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Abbotsford Detached Home Update for December 2020

Following are some of the highlights for detached homes in Abbotsford in December 2020:

  • There were 133 detached home sales in Abbotsford in December 2020 – a change of 77.33% over December 2019 and a change of -11.92% over November 2020
  • There were 81 new listings of detached homes in Abbotsford in December 2020 – a change of 125.00% over December 2019 and a change of -27.03% over November 2020
  • The benchmark price of a detached home in Abbotsford in December 2020 was $896,500 – a change of 14.19% over December 2019 and a change of 1.70% over November 2020

The sales-to-active listings ratio netted out a market absorption rate of 88.67%, indicating a Seller's Market for detached homes in Abbotsford in December 2020 (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 December 2020.

Abbotsford Townhouse Update for December 2020

Following are some of the highlights for townhouses in Abbotsford in December 2020:

  • There were 75 townhouse sales in Abbotsford in December 2020 – a change of 141.94% over December 2019 and a change of 22.95% over November 2020
  • There were 33 new listings of townhouses in Abbotsford in December 2020 – a change of 13.79% over December 2019 and a change of -53.52% over November 2020
  • The benchmark price of a townhouse in Abbotsford in December 2020 was $487,600 – a change of 8.00% over December 2019 and a change of 1.39% over November 2020

The sales-to-active listings ratio netted out a market absorption rate of 93.75%, indicating a Seller's Market for townhouses in Abbotsford in December 2020 (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 December 2020.

Abbotsford Condominium Update for December 2020

Following are some of the highlights for condominiums in Abbotsford in December 2020:

  • There were 84 condominium sales in Abbotsford in December 2020 – a change of 55.56% over December 2019 and a change of 25.37% over November 2020
  • There were 39 new listings of condominiums in Abbotsford in December 2020 – a change of 0.00% over December 2019 and a change of -59.79% over November 2020
  • The benchmark price of a condominium in Abbotsford in December 2020 was $325,300 – a change of 5.24% over December 2019 and a change of 0.59% over November 2020

The sales-to-active listings ratio netted out a market absorption rate of 57.53%, indicating a Seller's Market for condominiums in Abbotsford in December 2020 (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 December 2020.

*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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