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Abbotsford Condominium Update for January 2020

Following are some of the highlights for condominiums in Abbotsford in January 2020:

  • There were 40 condominium sales in Abbotsford in January 2020 – a change of -23.08% over January 2019 and a change of -25.93% over December 2020
  • There were 84 new listings of condominiums in Abbotsford in January 2020 – a change of -36.36% over January 2019 and a change of 115.38% over December 2020
  • The benchmark price of a condominium in Abbotsford in January 2020 was $312,000 – a change of 1.60% over January 2019 and a change of 0.91% over December 2020

The sales-to-active listings ratio netted out a market absorption rate of 23.81%, indicating a Seller's Market for condominiums in Abbotsford in January 2020 (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 2020.

Abbotsford Townhouse Update for January 2020

Following are some of the highlights for townhouses in Abbotsford in January 2020:

  • There were 34 townhouse sales in Abbotsford in January 2020 – a change of 70.00% over January 2019 and a change of 9.68% over December 2020
  • There were 42 new listings of townhouses in Abbotsford in January 2020 – a change of -42.47% over January 2019 and a change of 44.83% over December 2020
  • The benchmark price of a townhouse in Abbotsford in January 2020 was $380,600 – a change of 0.93% over January 2019 and a change of 1.17% over December 2020

The sales-to-active listings ratio netted out a market absorption rate of 35.79%, indicating a Seller's Market for townhouses in Abbotsford in January 2020 (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 2020.

Abbotsford Detached Home Update for January 2020

Following are some of the highlights for detached homes in Abbotsford in January 2020:

  • There were 55 detached home sales in Abbotsford in January 2020 – a change of 52.78% over January 2019 and a change of -26.67% over December 2020
  • There were 102 new listings of detached homes in Abbotsford in January 2020 – a change of -17.07% over January 2019 and a change of 183.33% over December 2020
  • The benchmark price of a detached home in Abbotsford in January 2020 was $798,900 – a change of 2.70% over January 2019 and a change of 1.43% over December 2020

The sales-to-active listings ratio netted out a market absorption rate of 24.89%, indicating a Seller's Market for detached homes in Abbotsford in January 2020 (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 2020.

*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.

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