Abbotsford Detached Home Update for October 2018

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

  • There were 76 detached home sales in Abbotsford in October 2018 – a change of -33.33% over October 2017 and a change of 24.59% over September 2018
  • There were 172 new listings of detached homes in Abbotsford in October 2018 – a change of -8.02% over October 2017 and a change of -10.42% over September 2018
  • The benchmark price of a detached home in Abbotsford in October 2018 was $812,100 – a change of 4.24% over October 2017 and a change of 0.16% over September 2018

The sales-to-active listings ratio netted out a market absorption rate of 18.10%, indicating a Balanced Market for detached homes in Abbotsford in October 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 October 2018.

Abbotsford Townhouse Update for October 2018

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

  • There were 43 townhouse sales in Abbotsford in October 2018 – a change of -30.65% over October 2017 and a change of 38.71% over September 2018
  • There were 58 new listings of townhouses in Abbotsford in October 2018 – a change of -17.14% over October 2017 and a change of -28.40% over September 2018
  • The benchmark price of a townhouse in Abbotsford in October 2018 was $403,300 – a change of 16.73% over October 2017 and a change of -0.98% over September 2018

The sales-to-active listings ratio netted out a market absorption rate of 27.22%, indicating a Seller's Market for townhouses in Abbotsford in October 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 October 2018.

Abbotsford Condominium Update for October 2018

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

  • There were 51 condominium sales in Abbotsford in October 2018 – a change of -54.87% over October 2017 and a change of -13.56% over September 2018
  • There were 123 new listings of condominiums in Abbotsford in October 2018 – a change of 18.27% over October 2017 and a change of -12.14% over September 2018
  • The benchmark price of a condominium in Abbotsford in October 2018 was $329,200 – a change of 19.06% over October 2017 and a change of -1.20% over September 2018

The sales-to-active listings ratio netted out a market absorption rate of 16.24%, indicating a Balanced Market for condominiums in Abbotsford in October 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 October 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.