Abbotsford Detached Home Update for January 2019

Following are some of the highlights for detached homes in Abbotsford in January 2019:

  • There were 36 detached home sales in Abbotsford in January 2019 – a change of -44.62% over January 2018 and a change of -29.41% over December 2019
  • There were 123 new listings of detached homes in Abbotsford in January 2019 – a change of 6.03% over January 2018 and a change of 215.38% over December 2019
  • The benchmark price of a detached home in Abbotsford in January 2019 was $777,900 – a change of -1.08% over January 2018 and a change of -1.85% over December 2019

The sales-to-active listings ratio netted out a market absorption rate of 13.33%, indicating a Balanced Market for detached homes in Abbotsford in January 2019 (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 2019.

Abbotsford Townhouse Update for January 2019

Following are some of the highlights for townhouses in Abbotsford in January 2019:

  • There were 20 townhouse sales in Abbotsford in January 2019 – a change of -44.44% over January 2018 and a change of -42.86% over December 2019
  • There were 73 new listings of townhouses in Abbotsford in January 2019 – a change of 43.14% over January 2018 and a change of 151.72% over December 2019
  • The benchmark price of a townhouse in Abbotsford in January 2019 was $377,100 – a change of 4.23% over January 2018 and a change of -1.64% over December 2019

The sales-to-active listings ratio netted out a market absorption rate of 14.18%, indicating a Balanced Market for townhouses in Abbotsford in January 2019 (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 2019.

Abbotsford Condominium Update for January 2019

Following are some of the highlights for condominiums in Abbotsford in January 2019:

  • There were 52 condominium sales in Abbotsford in January 2019 – a change of 8.33% over January 2018 and a change of 4.00% over December 2019
  • There were 132 new listings of condominiums in Abbotsford in January 2019 – a change of 78.38% over January 2018 and a change of 158.82% over December 2019
  • The benchmark price of a condominium in Abbotsford in January 2019 was $307,100 – a change of 2.33% over January 2018 and a change of -2.20% over December 2019

The sales-to-active listings ratio netted out a market absorption rate of 20.72%, indicating a Seller's Market for condominiums in Abbotsford in January 2019 (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 2019.

*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.