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Abbotsford Real Estate Market MLS® Roundup

Abbotsford Detached Home Update for May 2022

Following are some of the highlights for detached homes in Abbotsford in May 2022:

  • There were 69 detached home sales in Abbotsford in May 2022 – a change of -61.45% over May 2021 and a change of -9.21% over April 2022
  • There were 205 new listings of detached homes in Abbotsford in May 2022 – a change of -14.58% over May 2021 and a change of -15.64% over April 2022
  • The average price of a detached home in Abbotsford in May 2022 was $1,346,626 – a change of 15.83% over May 2021 and a change of -1.82% over April 2022

The sales-to-active listings ratio netted out a market absorption rate of 18.60%, indicating a Balanced Market for detached homes in Abbotsford in May 2022 (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 May 2022.

Abbotsford Townhouse Update for May 2022

Following are some of the highlights for townhouses in Abbotsford in May 2022:

  • There were 38 townhouse sales in Abbotsford in May 2022 – a change of -50.65% over May 2021 and a change of -26.92% over April 2022
  • There were 106 new listings of townhouses in Abbotsford in May 2022 – a change of -8.62% over May 2021 and a change of 7.07% over April 2022
  • The average price of a townhouse in Abbotsford in May 2022 was $717,752 – a change of 17.53% over May 2021 and a change of -5.66% over April 2022

The sales-to-active listings ratio netted out a market absorption rate of 21.97%, indicating a Seller's Market for townhouses in Abbotsford in May 2022 (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 May 2022.

Abbotsford Condominium Update for May 2022

Following are some of the highlights for condominiums in Abbotsford in May 2022:

  • There were 62 condominium sales in Abbotsford in May 2022 – a change of -55.07% over May 2021 and a change of -30.34% over April 2022
  • There were 154 new listings of condominiums in Abbotsford in May 2022 – a change of -13.97% over May 2021 and a change of -1.91% over April 2022
  • The average price of a condominium in Abbotsford in May 2022 was $466,783 – a change of 23.85% over May 2021 and a change of -3.98% over April 2022

The sales-to-active listings ratio netted out a market absorption rate of 29.95%, indicating a Seller's Market for condominiums in Abbotsford in May 2022 (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 May 2022.

*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.

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