Mission Detached Home Update for April 2023
Following are some of the highlights for detached homes in Mission in April 2023:
- There were 38 detached home sales in Mission in April 2023 – a change of -29.63% over April 2022 and a change of -9.52% over March 2023
- There were 61 new listings of detached homes in Mission in April 2023 – a change of -53.08% over April 2022 and a change of -8.96% over March 2023
- The average price of a detached home in Mission in April 2023 was $1,120,803 – a change of -6.74% over April 2022 and a change of 19.91% over March 2023
The sales-to-active listings ratio netted out a market absorption rate of 29.01%, indicating a Seller's Market for detached homes in Mission in April 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 April 2023.
Mission Townhouse Update for April 2023
Following are some of the highlights for townhouses in Mission in April 2023:
- There were 10 townhouse sales in Mission in April 2023 – a change of 42.86% over April 2022 and a change of 25.00% over March 2023
- There were 14 new listings of townhouses in Mission in April 2023 – a change of -44.00% over April 2022 and a change of -22.22% over March 2023
- The average price of a townhouse in Mission in April 2023 was $721,400 – a change of -10.68% over April 2022 and a change of 11.85% over March 2023
The sales-to-active listings ratio netted out a market absorption rate of 40.00%, indicating a Seller's Market for townhouses in Mission in April 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 April 2023.
Mission Condominium Update for April 2023
Following are some of the highlights for condominiums in Mission in April 2023:
- There were 6 condominium sales in Mission in April 2023 – a change of -33.33% over April 2022 and a change of 100.00% over March 2023
- There were 18 new listings of condominiums in Mission in April 2023 – a change of 5.88% over April 2022 and a change of 80.00% over March 2023
- The average price of a condominium in Mission in April 2023 was $491,466 – a change of -1.56% over April 2022 and a change of 0.85% over March 2023
The sales-to-active listings ratio netted out a market absorption rate of 15.38%, indicating a Balanced Market for condominiums in Mission in April 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 April 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.