Abbotsford Condominium Market Update March 2025

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The Fraser Valley Real Estate Board recently published the MLS® statistics for the Abbotsford real estate market, among others, for March 2025.

In this post, we’re going to take a close look at key numbers for the Abbotsford condominium market for March 2025 – including sales, new listings, active listings, as well as benchmark, median and average prices for condominiums for sale in Abbotsford.

We're also going to see what kind of shape the condominium market in Abbotsford was in for the month – whether it was a buyer's market, a balanced market, or a seller's market.

If not for the economic uncertainty driven largely by U.S. tariffs, we'd likely be seeing a typical strong spring market in the Fraser Valley. Instead, we're seeing a disconnect as sellers remain hesitant to lower their prices beyond a certain threshold, while buyers, facing tighter financing conditions, are either unable or unwilling to meet it. The resulting inertia is keeping sales low.

Tore Jacobsen – President, Fraser Valley Real Estate Board

And we're going to look at how the Abbotsford MLS® numbers for March 2025 compare with the numbers for March 2024 and for February 2025.

Highlights of FVREB MLS® Data on Abbotsford Condominium Listings and Sales

Here's a high-level snapshot of listing and sales activity for Abbotsford condominiums in March 2025.

  • 41 Sales
  • 158 New Listings
  • 307 Active listings
  • $443,700 Benchmark Price
  • $420,000 Median Price
  • $460,887 Average Price

The sales-to-active-listings ratio netted out a market absorption rate of 13.36%, indicating that it was a Balanced Market for condominiums in Abbotsford in March 2025 (click on the link learn more about local housing market ratios on the BC Real Estate Association blog).

Please note: If you want the most accurate and up-to-date data on Abbotsford MLS® listing and sales activity for condominiums, you need to speak with a real estate agent.

Abbotsford Condominium Market Changes

Following are some of the highlights for condominiums for sale in Abbotsford in March 2025:

  • There were 41 condominium sales in Abbotsford in March 2025 – a decrease of -37.88% over March 2024 and a decrease of -14.58% over February 2025
  • There were 158 new listings of condominiums in Abbotsford in March 2025 – an increase of 22.48% over March 2024 and an increase of 33.90% over February 2025
  • The average price of a condominium in Abbotsford in March 2025 was $460,887 – an increase of 1.56% over March 2024 and an increase of 4.54% over February 2025

If you're really keen to understand what happened in the market for condominium in Abbotsford in March 2025, make sure you check out the next section.

Detailed Overview of the Market for Condominiums in Abbotsford

Check out the table below for more detailed information on what happened in the Abbotsford condominium market in March 2025 and see how it compares with the previous year and previous month.

Abbotsford Condominium Stats

Metric Mar 2025 Mar 2024 % Change Feb 2025 % Change
Sales 41 66 -37.88% 48 -14.58%
New Listings 158 129 22.48% 118 33.90%
Active Listings 307 195 57.44% 247 24.29%
Benchmark Price $443,700 $456,100 -2.72% $448,000 -0.96%
Median Price $420,000 $446,250 -5.88% $435,000 -3.45%
Average Price $460,887 $453,796 1.56% $440,877 4.54%

Disclaimer

All of the data for the monthly real estate market updates are taken directly from the MLS® 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 latest MLS® statistics for the Abbotsford real estate market.

Or, better still, speak directly with a real estate agent who specializes in Abbotsford condominiums who will be able to provide you with the most accurate, up to the minute information on – and insights into – the Abbotsford real estate market.

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