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Abbotsford Detached Home Update for March 2018

Following are some of the highlights for detached homes in Abbotsford in March 2018:

  • There were 120 detached home sales in Abbotsford in March 2018 – a change of -14.29% over March 2017 and a change of 12.15% over February 2018
  • There were 158 new listings of detached homes in Abbotsford in March 2018 – a change of -21.00% over March 2017 and a change of 1.94% over February 2018
  • The benchmark price of a detached home in Abbotsford in March 2018 was $814,000 – a change of 18.45% over March 2017 and a change of 1.33% over February 2018

The sales-to-active listings ratio netted out a market absorption rate of 47.62%, indicating a Seller's Market for detached homes in Abbotsford in March 2018 (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 2018.

Abbotsford Townhouse Update for March 2018

Following are some of the highlights for townhouses in Abbotsford in March 2018:

  • There were 55 townhouse sales in Abbotsford in March 2018 – a change of -14.06% over March 2017 and a change of 19.57% over February 2018
  • There were 83 new listings of townhouses in Abbotsford in March 2018 – a change of -17.00% over March 2017 and a change of 43.10% over February 2018
  • The benchmark price of a townhouse in Abbotsford in March 2018 was $383,000 – a change of 28.61% over March 2017 and a change of 3.07% over February 2018

The sales-to-active listings ratio netted out a market absorption rate of 75.34%, indicating a Seller's Market for townhouses in Abbotsford in March 2018 (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 2018.

Abbotsford Condominium Update for March 2018

Following are some of the highlights for condominiums in Abbotsford in March 2018:

  • There were 99 condominium sales in Abbotsford in March 2018 – a change of -10.00% over March 2017 and a change of 45.59% over February 2018
  • There were 145 new listings of condominiums in Abbotsford in March 2018 – a change of 4.32% over March 2017 and a change of 46.46% over February 2018
  • The benchmark price of a condominium in Abbotsford in March 2018 was $336,600 – a change of 47.83% over March 2017 and a change of 6.55% over February 2018

The sales-to-active listings ratio netted out a market absorption rate of 87.61%, indicating a Seller's Market for condominiums in Abbotsford in March 2018 (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 2018.

*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.