The Abbotsford Housing Market Trends

 


  Abbotsford  Real Estate Market Reports & Forecasts 
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Abbotsford Market Monthly Update  (Detached)             

Abbotsford East, Abbotsford West, Central Abbotsford, Aberdeen, Poplar and all the sub-areas of  Abbotsford Real Estate Market Update Report.

      What are Abbotsford's Best and Worst Investments?



Apr 1, 2018

gas gauge

Current:  Abbotsford is in Sellers Market with average listing inventories, 25 %SOLD rate and a 99% Sell/List Ratio.
                    (This means that on an average sale there is a $7,844 surplus from the original list price) Lesson

Most Active Range: Homes between $550,000 - $675,000 have a 35.7 %SOLD rate.
Least Active Range: Homes above $1.3 million have a 7.4 %SOLD rate.

History: The Abbotsford Home Price Index HPIp (Top 50%) shows that prices increased $175,610 year-to-date.
The Abbotsford Home Price Index HPIp (Lower 50%) shows that prices increased $101,895 year-to-date.
                  *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Abbotsford has average Listing supply; 306 homes are for sale & with the 25 %SOLD monthly rate gives us a ~4 months of inventory. 7% of the active listings have reduced their price by $36,039 on average or $34,100 median in the last month. We project Abbotsford to continue in Sellers Market.

March's Real Estate Statistics shows 48% of Vancouver's Detached Markets decreased values this last month. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price decrease of $2,135 which is a slight improvement over the $3,340 decrease that we saw in the month prior. On the Average Fraser Valley continues to show a stronger Market with their $10,681 monthly increase, which is even more than the $8,381 increase that we saw in the month prior. With many new foreign buyer taxes, the much tougher mortgage lending rules, the higher interest rates, pending trade tariffs, we are forecasting the beginning of Buyer's Market across most Detached Markets.

Currently, most of the Condo and Townhouse Markets are hot, and we are seeing higher sales prices across the Greater Vancouver (Lower Mainland). 89% of the Townhouse Markets are currently increasing (25 out of 28 Markets). There is a Notable difference between the top 50% of the attached markets which are stabilizing over the much stronger bottom 50% of the markets which can see multiple offers. We are forecasting a continued Seller's Market in the lower end Condo/Townhouse Markets for the following months. We analyze and provide 97 individual City's Home Price Indexes to supply you the MOST ACCURATE Market Trends every 2 weeks. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighbourhood.

 


   Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

 

   We invite you to analyze your home value/investment in 30+ market areas by inputting your previous purchase price and date in the Evaluator below! See "Evaluator / Forecaster" movie for directions. To see your homes monthly price changes from now on, just email your report to yourself. (3 bars link to email function)

 

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Single Family Detached High End .. more than $750,000+       

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              你的房屋价值 ,利润, 投资收益率知多少?


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Bill Coughlin sponsors these Abbotsford Real Estate Market Updates which include sub-areas such as Central Abbotsford, Abbotsford East, Abbotsford West, Poplar, Aberdeen etc. Contact Bill as the Local Expert..... more details.

Abbotsford Real Estate updates include the sub areas Abbotsford West, Poplar, Central Abbotsford, Abbotsford East, Aberdeen etc.

Abbotsford Real Estate updates include the sub areas Abbotsford West, Poplar, Central Abbotsford, Abbotsford East, Aberdeen etc.

Abbotsford Real Estate updates include the sub areas Abbotsford West, Poplar, Central Abbotsford, Abbotsford East, Aberdeen etc.

Abbotsford Real Estate updates include the sub areas Abbotsford West, Poplar, Central Abbotsford, Abbotsford East, Aberdeen etc.

Download the full Abbotsford.Marketupdatereport.PDF

Abbotsford East, Aberdeen, Abbotsford West, Poplar, Central Abbotsford and all the sub areas of Abbotsford detailed stats

Abbotsford East, Aberdeen, Abbotsford West, Poplar, Central Abbotsford and all the sub areas of Abbotsford detailed stats

Abbotsford East, Aberdeen, Abbotsford West, Poplar, Central Abbotsford and all the sub areas of Abbotsford detailed stats

Abbotsford East, Aberdeen, Abbotsford West, Poplar, Central Abbotsford and all the sub areas of Abbotsford detailed stats

Abbotsford Real Estate updates include the sub areas Abbotsford West, Poplar, Central Abbotsford, Abbotsford East, Aberdeen etc.

This Abbotsford Real Estate Market update includes the sub areas Central Abbotsford, Abbotsford East, Abbotsford West, Poplar, Aberdeen etc.

 

Click Image to compare previous STR/ MTI graphs            Trying to do the math? Lessons:  STR   MTI 

Ladner, South Delta, Real Estate Market Update Report


 

 

Abbotsford           Real Estate Market Analysis Reports

This is the most accurate  %SOLD-Monthly Sell Through Rates (STR Graph)  using a 4 week time period to analysis the housing prices and Market trends. This Market Report is derived from the exact Sat to Friday 4 week time periods and this is dramatically more accurate than the month to month comparisons that vary based on actual working days eg month, weekends. These trends enable Real Estate Market predictions and forecast outlooks.

Abbotsford  Real Estate Market STR Reports

 

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

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