Abbotsford Detached Home Update for September 2018

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

  • There were 61 detached home sales in Abbotsford in September 2018 – a change of -31.46% over September 2017 and a change of -19.74% over August 2018
  • There were 192 new listings of detached homes in Abbotsford in September 2018 – a change of 6.67% over September 2017 and a change of 35.21% over August 2018
  • The benchmark price of a detached home in Abbotsford in September 2018 was $810,800 – a change of 3.23% over September 2017 and a change of -2.24% over August 2018

The sales-to-active listings ratio netted out a market absorption rate of 13.77%, indicating a Balanced Market for detached homes in Abbotsford in September 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 September 2018.

Abbotsford Townhouse Update for September 2018

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

  • There were 31 townhouse sales in Abbotsford in September 2018 – a change of -20.51% over September 2017 and a change of 14.81% over August 2018
  • There were 81 new listings of townhouses in Abbotsford in September 2018 – a change of 35.00% over September 2017 and a change of 26.56% over August 2018
  • The benchmark price of a townhouse in Abbotsford in September 2018 was $407,300 – a change of 17.72% over September 2017 and a change of 0.99% over August 2018

The sales-to-active listings ratio netted out a market absorption rate of 17.71%, indicating a Balanced Market for townhouses in Abbotsford in September 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 September 2018.

Abbotsford Condominium Update for September 2018

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

  • There were 59 condominium sales in Abbotsford in September 2018 – a change of -33.71% over September 2017 and a change of 15.69% over August 2018
  • There were 140 new listings of condominiums in Abbotsford in September 2018 – a change of 35.92% over September 2017 and a change of 13.82% over August 2018
  • The benchmark price of a condominium in Abbotsford in September 2018 was $333,200 – a change of 25.40% over September 2017 and a change of -1.19% over August 2018

The sales-to-active listings ratio netted out a market absorption rate of 19.22%, indicating a Balanced Market for condominiums in Abbotsford in September 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 September 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.