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Abbotsford Detached Home Update for March 2020

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

  • There were 90 detached home sales in Abbotsford in March 2020 – a change of 25.00% over March 2019 and a change of 16.88% over February 2020
  • There were 139 new listings of detached homes in Abbotsford in March 2020 – a change of -23.63% over March 2019 and a change of -3.47% over February 2020
  • The benchmark price of a detached home in Abbotsford in March 2020 was $825,600 – a change of 3.17% over March 2019 and a change of 1.43% over February 2020

The sales-to-active listings ratio netted out a market absorption rate of 33.21%, indicating a Seller's Market for detached homes in Abbotsford in March 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 March 2020.

Abbotsford Townhouse Update for March 2020

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

  • There were 51 townhouse sales in Abbotsford in March 2020 – a change of 30.77% over March 2019 and a change of 54.55% over February 2020
  • There were 75 new listings of townhouses in Abbotsford in March 2020 – a change of -19.35% over March 2019 and a change of -2.60% over February 2020
  • The benchmark price of a townhouse in Abbotsford in March 2020 was $455,400 – a change of 0.62% over March 2019 and a change of 19.18% over February 2020

The sales-to-active listings ratio netted out a market absorption rate of 38.64%, indicating a Seller's Market for townhouses in Abbotsford in March 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 March 2020.

Abbotsford Condominium Update for March 2020

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

  • There were 52 condominium sales in Abbotsford in March 2020 – a change of -7.14% over March 2019 and a change of 33.33% over February 2020
  • There were 129 new listings of condominiums in Abbotsford in March 2020 – a change of 11.21% over March 2019 and a change of 16.22% over February 2020
  • The benchmark price of a condominium in Abbotsford in March 2020 was $320,800 – a change of 2.13% over March 2019 and a change of 2.36% over February 2020

The sales-to-active listings ratio netted out a market absorption rate of 20.39%, indicating a Seller's Market for condominiums in Abbotsford in March 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 March 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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