Mission Detached Home Update for October 2024
Following are some of the highlights for detached homes in Mission in October 2024:
- There were 45 detached home sales in Mission in October 2024 – a change of 60.71% over October 2023 and a change of 104.55% over September 2024
- There were 87 new listings of detached homes in Mission in October 2024 – a change of 38.10% over October 2023 and a change of 4.82% over September 2024
- The average price of a detached home in Mission in October 2024 was $1,051,680 – a change of 2.47% over October 2023 and a change of 8.00% over September 2024
The sales-to-active listings ratio netted out a market absorption rate of 17.65%, indicating a Balanced Market for detached homes in Mission in October 2024 (click on the link learn more about local housing market ratios on the BC Real Estate Association Blog.
Full details here: Mission Detached Home Market Update October 2024.
Mission Townhouse Update for October 2024
Following are some of the highlights for townhouses in Mission in October 2024:
- There were 4 townhouse sales in Mission in October 2024 – a change of 0.00% over October 2023 and a change of -42.86% over September 2024
- There were 18 new listings of townhouses in Mission in October 2024 – a change of 28.57% over October 2023 and a change of 80.00% over September 2024
- The average price of a townhouse in Mission in October 2024 was $639,350 – a change of -8.33% over October 2023 and a change of -8.54% over September 2024
The sales-to-active listings ratio netted out a market absorption rate of 8.70%, indicating a Buyer's Market for townhouses in Mission in October 2024 (click on the link learn more about local housing market ratios on the BC Real Estate Association Blog.
Full details here: Mission Townhouse Market Update October 2024.
Mission Condominium Update for October 2024
Following are some of the highlights for condominiums in Mission in October 2024:
- There were 4 condominium sales in Mission in October 2024 – a change of 33.33% over October 2023 and a change of 0.00% over September 2024
- There were 23 new listings of condominiums in Mission in October 2024 – a change of 187.50% over October 2023 and a change of 76.92% over September 2024
- The average price of a condominium in Mission in October 2024 was $392,483 – a change of 12.03% over October 2023 and a change of -18.08% over September 2024
The sales-to-active listings ratio netted out a market absorption rate of 10.00%, indicating a Buyer's Market for condominiums in Mission in October 2024 (click on the link learn more about local housing market ratios on the BC Real Estate Association Blog.
Full details here: Mission Condominium Market Update October 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.