Abbotsford Detached Home Update for February 2024
Following are some of the highlights for detached homes in Abbotsford in February 2024:
- There were 67 detached home sales in Abbotsford in February 2024 – a change of 63.41% over February 2023 and a change of 55.81% over January 2024
- There were 140 new listings of detached homes in Abbotsford in February 2024 – a change of 48.94% over February 2023 and a change of 45.83% over January 2024
- The average price of a detached home in Abbotsford in February 2024 was $1,183,807 – a change of 14.82% over February 2023 and a change of 0.70% over January 2024
The sales-to-active listings ratio netted out a market absorption rate of 26.80%, indicating a Seller's Market for detached homes in Abbotsford in February 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 February 2024.
Abbotsford Townhouse Update for February 2024
Following are some of the highlights for townhouses in Abbotsford in February 2024:
- There were 37 townhouse sales in Abbotsford in February 2024 – a change of 23.33% over February 2023 and a change of 15.63% over January 2024
- There were 63 new listings of townhouses in Abbotsford in February 2024 – a change of 14.55% over February 2023 and a change of 40.00% over January 2024
- The average price of a townhouse in Abbotsford in February 2024 was $712,469 – a change of 28.19% over February 2023 and a change of 8.74% over January 2024
The sales-to-active listings ratio netted out a market absorption rate of 42.53%, indicating a Seller's Market for townhouses in Abbotsford in February 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 February 2024.
Abbotsford Condominium Update for February 2024
Following are some of the highlights for condominiums in Abbotsford in February 2024:
- There were 66 condominium sales in Abbotsford in February 2024 – a change of 32.00% over February 2023 and a change of 50.00% over January 2024
- There were 107 new listings of condominiums in Abbotsford in February 2024 – a change of 11.46% over February 2023 and a change of 7.00% over January 2024
- The average price of a condominium in Abbotsford in February 2024 was $460,636 – a change of 17.28% over February 2023 and a change of 3.16% over January 2024
The sales-to-active listings ratio netted out a market absorption rate of 40.99%, indicating a Seller's Market for condominiums in Abbotsford in February 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 February 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.