The Abbotsford Housing Market Trends

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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?

Jan 1, 2021

Current: Abbotsford is in Seller Market with average listing inventories, 37 %SOLD rate and a 99% Sell/List Ratio.
(This means that on an average sale there is a $5,250 surplus from the original list price) Lesson

Most Active Range: Homes below $600,000 have a 64.3 %SOLD rate.
Least Active Range: Homes above $1.5 mill. have a 19.4 %SOLD rate.

History: The Abbotsford Home Price Index HPIp (Top 50%) shows that prices increased $148,317 year-to-date.
The Abbotsford Home Price Index HPIp (Lower 50%) shows that prices increased $115,173 year-to-date.
*The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Abbotsford has average Listing supply; 183 homes are for sale & with the 37 %SOLD monthly rate gives us a a ~3 months of inventory. 3% of the active listings have reduced their price by $35,399 on average or $28,968 median in the last month. We project Abbotsford to continue in Seller Market.

December's Real Estate Statistics continue to show a highly emotional market. We have seen 100% of the Single-Family Homes in Metro Vancouver are in a Seller's Market. The Average Monthly Price jumped up to $56,358! ON the other hand, December's Real Estate Statistics shows that in this highly emotional market that 100% of the Fraser Valley Detached Markets went up this month. The Average Monthly Price jumped up a whopping $40,716. This is the Highest December Price increase on record. This seller's market is partly due to the fact that we have Record-Low listing levels. We are forecasting that the Metro Vancouver Markets will continue to be a Seller's Market for the coming month.

Currently, Condos are in a more subdued Seller's Market with 60% of the Greater Vancouver (Lower Mainland) Condo Prices increasing. The average monthly price increase was a mere $1,522. At the same time, 26 out of 28 Townhouse Markets increased an average of $7,187. We analyze and provides 97 individual City's Home Price Indexes to supply you with the MOST ACCURATE Market Trends every Saturday. 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 Neighborhood.

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)

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.

Download the full Abbotsford.Marketupdatereport.PDF

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

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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.

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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