Abbotsford Detached Home Update for January 2024
Following are some of the highlights for detached homes in Abbotsford in January 2024:
- There were 43 detached home sales in Abbotsford in January 2024 – a change of 115.00% over January 2023 and a change of 13.16% over December 2023
- There were 96 new listings of detached homes in Abbotsford in January 2024 – a change of 10.34% over January 2023 and a change of 152.63% over December 2023
- The average price of a detached home in Abbotsford in January 2024 was $1,175,569 – a change of 11.00% over January 2023 and a change of 6.83% over December 2023
The sales-to-active listings ratio netted out a market absorption rate of 20.00%, indicating a for detached homes in Abbotsford in January 2024 (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 January 2024.
Abbotsford Townhouse Update for January 2024
Following are some of the highlights for townhouses in Abbotsford in January 2024:
- There were 32 townhouse sales in Abbotsford in January 2024 – a change of -8.57% over January 2023 and a change of 45.45% over December 2023
- There were 45 new listings of townhouses in Abbotsford in January 2024 – a change of -19.64% over January 2023 and a change of 66.67% over December 2023
- The average price of a townhouse in Abbotsford in January 2024 was $655,187 – a change of 10.37% over January 2023 and a change of 3.63% over December 2023
The sales-to-active listings ratio netted out a market absorption rate of 42.11%, indicating a Seller's Market for townhouses in Abbotsford in January 2024 (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 January 2024.
Abbotsford Condominium Update for January 2024
Following are some of the highlights for condominiums in Abbotsford in January 2024:
- There were 44 condominium sales in Abbotsford in January 2024 – a change of 4.76% over January 2023 and a change of 15.79% over December 2023
- There were 100 new listings of condominiums in Abbotsford in January 2024 – a change of 13.64% over January 2023 and a change of 100.00% over December 2023
- The average price of a condominium in Abbotsford in January 2024 was $446,531 – a change of 21.82% over January 2023 and a change of 6.65% over December 2023
The sales-to-active listings ratio netted out a market absorption rate of 30.34%, indicating a Seller's Market for condominiums in Abbotsford in January 2024 (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 January 2024.
*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.