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Mission Detached Home Update for June 2024

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

  • There were 32 detached home sales in Mission in June 2024 – a change of -46.67% over June 2023 and a change of -17.95% over May 2024
  • There were 79 new listings of detached homes in Mission in June 2024 – a change of -25.47% over June 2023 and a change of -25.47% over May 2024
  • The average price of a detached home in Mission in June 2024 was $912,612 – a change of -10.43% over June 2023 and a change of -12.80% over May 2024

The sales-to-active listings ratio netted out a market absorption rate of 14.48%, indicating a Balanced Market for detached homes in Mission in June 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 June 2024.

Mission Townhouse Update for June 2024

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

  • There were 6 townhouse sales in Mission in June 2024 – a change of -40.00% over June 2023 and a change of -57.14% over May 2024
  • There were 19 new listings of townhouses in Mission in June 2024 – a change of -9.52% over June 2023 and a change of 35.71% over May 2024
  • The average price of a townhouse in Mission in June 2024 was $682,125 – a change of 4.93% over June 2023 and a change of -3.61% over May 2024

The sales-to-active listings ratio netted out a market absorption rate of 16.67%, indicating a Balanced Market for townhouses in Mission in June 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 June 2024.

Mission Condominium Update for June 2024

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

  • There were 7 condominium sales in Mission in June 2024 – a change of -22.22% over June 2023 and a change of -12.50% over May 2024
  • There were 18 new listings of condominiums in Mission in June 2024 – a change of -28.00% over June 2023 and a change of -14.29% over May 2024
  • The average price of a condominium in Mission in June 2024 was $451,571 – a change of -11.09% over June 2023 and a change of 17.25% over May 2024

The sales-to-active listings ratio netted out a market absorption rate of 20.59%, indicating a Seller's Market for condominiums in Mission in June 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 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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