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Abbotsford Detached Home Update for May 2018

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

  • There were 119 detached home sales in Abbotsford in May 2018 – a change of -43.06% over May 2017 and a change of 9.17% over April 2018
  • There were 249 new listings of detached homes in Abbotsford in May 2018 – a change of -6.04% over May 2017 and a change of 20.29% over April 2018
  • The benchmark price of a detached home in Abbotsford in May 2018 was $836,600 – a change of 14.38% over May 2017 and a change of 1.37% over April 2018

The sales-to-active listings ratio netted out a market absorption rate of 33.52%, indicating a Seller's Market for detached homes in Abbotsford in May 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 May 2018.

Abbotsford Townhouse Update for May 2018

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

  • There were 63 townhouse sales in Abbotsford in May 2018 – a change of -19.23% over May 2017 and a change of 3.28% over April 2018
  • There were 109 new listings of townhouses in Abbotsford in May 2018 – a change of 31.33% over May 2017 and a change of 7.92% over April 2018
  • The benchmark price of a townhouse in Abbotsford in May 2018 was $395,400 – a change of 25.21% over May 2017 and a change of 1.33% over April 2018

The sales-to-active listings ratio netted out a market absorption rate of 50.00%, indicating a Seller's Market for townhouses in Abbotsford in May 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 May 2018.

Abbotsford Condominium Update for May 2018

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

  • There were 103 condominium sales in Abbotsford in May 2018 – a change of -14.88% over May 2017 and a change of -3.74% over April 2018
  • There were 201 new listings of condominiums in Abbotsford in May 2018 – a change of 24.07% over May 2017 and a change of 18.93% over April 2018
  • The benchmark price of a condominium in Abbotsford in May 2018 was $353,400 – a change of 48.36% over May 2017 and a change of 1.96% over April 2018

The sales-to-active listings ratio netted out a market absorption rate of 45.58%, indicating a Seller's Market for condominiums in Abbotsford in May 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 May 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.