Mission Detached Home Update for October 2023
Following are some of the highlights for detached homes in Mission in October 2023:
- There were 28 detached home sales in Mission in October 2023 – a change of 16.67% over October 2022 and a change of 0.00% over September 2023
- There were 63 new listings of detached homes in Mission in October 2023 – a change of 18.87% over October 2022 and a change of -30.77% over September 2023
- The average price of a detached home in Mission in October 2023 was $1,026,285 – a change of 6.08% over October 2022 and a change of 5.65% over September 2023
The sales-to-active listings ratio netted out a market absorption rate of 13.15%, indicating a Balanced Market for detached homes in Mission in October 2023 (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 2023.
Mission Townhouse Update for October 2023
Following are some of the highlights for townhouses in Mission in October 2023:
- There were 4 townhouse sales in Mission in October 2023 – a change of -20.00% over October 2022 and a change of 0.00% over September 2023
- There were 14 new listings of townhouses in Mission in October 2023 – a change of 250.00% over October 2022 and a change of -17.65% over September 2023
- The average price of a townhouse in Mission in October 2023 was $697,450 – a change of 12.87% over October 2022 and a change of 8.64% over September 2023
The sales-to-active listings ratio netted out a market absorption rate of 10.53%, indicating a Buyer's Market for townhouses in Mission in October 2023 (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 2023.
Mission Condominium Update for October 2023
Following are some of the highlights for condominiums in Mission in October 2023:
- There were 3 condominium sales in Mission in October 2023 – a change of 200.00% over October 2022 and a change of -40.00% over September 2023
- There were 8 new listings of condominiums in Mission in October 2023 – a change of 60.00% over October 2022 and a change of -27.27% over September 2023
- The average price of a condominium in Mission in October 2023 was $350,333 – a change of -20.36% over October 2022 and a change of -25.77% over September 2023
The sales-to-active listings ratio netted out a market absorption rate of 9.68%, indicating a Buyer's Market for condominiums in Mission in October 2023 (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 2023.
*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.