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Abbotsford Detached Home Update for May 2021

Following are some of the highlights for detached homes in Abbotsford in May 2021:

  • There were 179 detached home sales in Abbotsford in May 2021 – a change of 225.45% over May 2020 and a change of -18.64% over April 2021
  • There were 240 new listings of detached homes in Abbotsford in May 2021 – a change of 80.45% over May 2020 and a change of -34.60% over April 2021
  • The average price of a detached home in Abbotsford in May 2021 was $1,162,559 – a change of 38.29% over May 2020 and a change of 3.10% over April 2021

The sales-to-active listings ratio netted out a market absorption rate of 58.50%, indicating a Seller's Market for detached homes in Abbotsford in May 2021 (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 May 2021.

Abbotsford Townhouse Update for May 2021

Following are some of the highlights for townhouses in Abbotsford in May 2021:

  • There were 77 townhouse sales in Abbotsford in May 2021 – a change of 133.33% over May 2020 and a change of -10.47% over April 2021
  • There were 116 new listings of townhouses in Abbotsford in May 2021 – a change of 48.72% over May 2020 and a change of -8.66% over April 2021
  • The average price of a townhouse in Abbotsford in May 2021 was $610,705 – a change of 35.61% over May 2020 and a change of -2.08% over April 2021

The sales-to-active listings ratio netted out a market absorption rate of 66.96%, indicating a Seller's Market for townhouses in Abbotsford in May 2021 (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 May 2021.

Abbotsford Condominium Update for May 2021

Following are some of the highlights for condominiums in Abbotsford in May 2021:

  • There were 138 condominium sales in Abbotsford in May 2021 – a change of 272.97% over May 2020 and a change of 1.47% over April 2021
  • There were 179 new listings of condominiums in Abbotsford in May 2021 – a change of 105.75% over May 2020 and a change of -2.72% over April 2021
  • The average price of a condominium in Abbotsford in May 2021 was $376,885 – a change of 29.11% over May 2020 and a change of 3.64% over April 2021

The sales-to-active listings ratio netted out a market absorption rate of 69.35%, indicating a Seller's Market for condominiums in Abbotsford in May 2021 (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 May 2021.

*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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