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Abbotsford Real Estate Market MLS® Roundup

Abbotsford Detached Home Update for June 2024

Following are some of the highlights for detached homes in Abbotsford in June 2024:

  • There were 74 detached home sales in Abbotsford in June 2024 – a change of -25.25% over June 2023 and a change of 1.37% over May 2024
  • There were 200 new listings of detached homes in Abbotsford in June 2024 – a change of -12.28% over June 2023 and a change of 2.56% over May 2024
  • The average price of a detached home in Abbotsford in June 2024 was $1,192,600 – a change of -8.12% over June 2023 and a change of -6.33% over May 2024

The sales-to-active listings ratio netted out a market absorption rate of 16.52%, indicating a Balanced Market for detached homes in Abbotsford in June 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 June 2024.

Abbotsford Townhouse Update for June 2024

Following are some of the highlights for townhouses in Abbotsford in June 2024:

  • There were 52 townhouse sales in Abbotsford in June 2024 – a change of -21.21% over June 2023 and a change of 6.12% over May 2024
  • There were 68 new listings of townhouses in Abbotsford in June 2024 – a change of -21.84% over June 2023 and a change of -35.85% over May 2024
  • The average price of a townhouse in Abbotsford in June 2024 was $659,911 – a change of -1.21% over June 2023 and a change of -9.45% over May 2024

The sales-to-active listings ratio netted out a market absorption rate of 34.90%, indicating a Seller's Market for townhouses in Abbotsford in June 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 June 2024.

Abbotsford Condominium Update for June 2024

Following are some of the highlights for condominiums in Abbotsford in June 2024:

  • There were 57 condominium sales in Abbotsford in June 2024 – a change of -45.19% over June 2023 and a change of -22.97% over May 2024
  • There were 114 new listings of condominiums in Abbotsford in June 2024 – a change of -18.57% over June 2023 and a change of -24.00% over May 2024
  • The average price of a condominium in Abbotsford in June 2024 was $451,026 – a change of 2.14% over June 2023 and a change of -0.94% over May 2024

The sales-to-active listings ratio netted out a market absorption rate of 21.03%, indicating a Seller's Market for condominiums in Abbotsford in June 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 June 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.

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