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Abbotsford Detached Home Update for January 2018

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

  • There were 65 detached home sales in Abbotsford in January 2018 – a change of -7.14% over January 2017 and a change of -20.73% over December 2018
  • There were 116 new listings of detached homes in Abbotsford in January 2018 – a change of 6.42% over January 2017 and a change of 41.46% over December 2018
  • The benchmark price of a detached home in Abbotsford in January 2018 was $786,400 – a change of 18.06% over January 2017 and a change of -0.74% over December 2018

The sales-to-active listings ratio netted out a market absorption rate of 25.59%, indicating a Seller's Market for detached homes in Abbotsford in January 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 January 2018.

Abbotsford Townhouse Update for January 2018

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

  • There were 36 townhouse sales in Abbotsford in January 2018 – a change of 50.00% over January 2017 and a change of 2.86% over December 2018
  • There were 51 new listings of townhouses in Abbotsford in January 2018 – a change of 82.14% over January 2017 and a change of 64.52% over December 2018
  • The benchmark price of a townhouse in Abbotsford in January 2018 was $361,800 – a change of 21.29% over January 2017 and a change of 1.63% over December 2018

The sales-to-active listings ratio netted out a market absorption rate of 64.29%, indicating a Seller's Market for townhouses in Abbotsford in January 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 January 2018.

Abbotsford Condominium Update for January 2018

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

  • There were 48 condominium sales in Abbotsford in January 2018 – a change of 14.29% over January 2017 and a change of -26.15% over December 2018
  • There were 74 new listings of condominiums in Abbotsford in January 2018 – a change of 0.00% over January 2017 and a change of 100.00% over December 2018
  • The benchmark price of a condominium in Abbotsford in January 2018 was $300,100 – a change of 37.09% over January 2017 and a change of 4.71% over December 2018

The sales-to-active listings ratio netted out a market absorption rate of 80.00%, indicating a Seller's Market for condominiums in Abbotsford in January 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 January 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.