Abbotsford Detached Home Update for February 2019

Following are some of the highlights for detached homes in Abbotsford in February 2019:

  • There were 61 detached home sales in Abbotsford in February 2019 – a change of -42.99% over February 2018 and a change of 69.44% over January 2019
  • There were 103 new listings of detached homes in Abbotsford in February 2019 – a change of -33.55% over February 2018 and a change of -16.26% over January 2019
  • The benchmark price of a detached home in Abbotsford in February 2019 was $782,000 – a change of -2.65% over February 2018 and a change of 0.53% over January 2019

The sales-to-active listings ratio netted out a market absorption rate of 22.34%, indicating a Seller's Market for detached homes in Abbotsford in February 2019 (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 February 2019.

Abbotsford Townhouse Update for February 2019

Following are some of the highlights for townhouses in Abbotsford in February 2019:

  • There were 36 townhouse sales in Abbotsford in February 2019 – a change of -21.74% over February 2018 and a change of 80.00% over January 2019
  • There were 78 new listings of townhouses in Abbotsford in February 2019 – a change of 34.48% over February 2018 and a change of 6.85% over January 2019
  • The benchmark price of a townhouse in Abbotsford in February 2019 was $378,000 – a change of 1.72% over February 2018 and a change of 0.24% over January 2019

The sales-to-active listings ratio netted out a market absorption rate of 23.38%, indicating a Seller's Market for townhouses in Abbotsford in February 2019 (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 February 2019.

Abbotsford Condominium Update for February 2019

Following are some of the highlights for condominiums in Abbotsford in February 2019:

  • There were 66 condominium sales in Abbotsford in February 2019 – a change of -2.94% over February 2018 and a change of 26.92% over January 2019
  • There were 86 new listings of condominiums in Abbotsford in February 2019 – a change of -13.13% over February 2018 and a change of -34.85% over January 2019
  • The benchmark price of a condominium in Abbotsford in February 2019 was $303,100 – a change of -4.05% over February 2018 and a change of -1.30% over January 2019

The sales-to-active listings ratio netted out a market absorption rate of 29.73%, indicating a Seller's Market for condominiums in Abbotsford in February 2019 (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 February 2019.

*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.