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Mission Detached Home Update for December 2024

Following are some of the highlights for detached homes in Mission in December 2024:

  • There were 15 detached home sales in Mission in December 2024 – a change of -53.13% over December 2023 and a change of -48.28% over November 2024
  • There were 20 new listings of detached homes in Mission in December 2024 – a change of 5.26% over December 2023 and a change of -61.54% over November 2024
  • The average price of a detached home in Mission in December 2024 was $1,044,296 – a change of 12.02% over December 2023 and a change of -1.62% over November 2024

The sales-to-active listings ratio netted out a market absorption rate of 8.43%, indicating a Buyer's Market for detached homes in Mission in December 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 December 2024.

Mission Townhouse Update for December 2024

Following are some of the highlights for townhouses in Mission in December 2024:

  • There were 3 townhouse sales in Mission in December 2024 – a change of -57.14% over December 2023 and a change of -66.67% over November 2024
  • There were 8 new listings of townhouses in Mission in December 2024 – a change of 0.00% over December 2023 and a change of -11.11% over November 2024
  • The average price of a townhouse in Mission in December 2024 was $763,633 – a change of 11.95% over December 2023 and a change of 10.60% over November 2024

The sales-to-active listings ratio netted out a market absorption rate of 7.69%, indicating a Buyer's Market for townhouses in Mission in December 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 December 2024.

Mission Condominium Update for December 2024

Following are some of the highlights for condominiums in Mission in December 2024:

  • There were 4 condominium sales in Mission in December 2024 – a change of -33.33% over December 2023 and a change of -33.33% over November 2024
  • There were 5 new listings of condominiums in Mission in December 2024 – a change of -75.00% over December 2023 and a change of -72.22% over November 2024
  • The average price of a condominium in Mission in December 2024 was $501,867 – a change of 10.14% over December 2023 and a change of 18.92% over November 2024

The sales-to-active listings ratio netted out a market absorption rate of 14.29%, indicating a Balanced Market for condominiums in Mission in December 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 December 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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