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?



June 1, 2019

gas gauge

Current:  Abbotsford is in Stable Market with average listing inventories, 15 %SOLD rate and a 96% Sell/List Ratio.
                    (This means that on an average sale there is a $16,500 surplus from the original list price) Lesson

Most Active Range: Homes between $550,000 - $675,000 have a 35.8 %SOLD rate.
Least Active Range: Homes above $900,000 have a 5.7 %SOLD rate.

History: The Abbotsford Home Price Index HPIp (Top 50%) shows that prices decreased $68,695 year-to-date.
The Abbotsford Home Price Index HPIp (Lower 50%) shows that prices decreased $43,343 year-to-date.
                  *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Abbotsford has average Listing supply; 556 homes are for sale & with the 15 %SOLD monthly rate gives us a ~7 months of inventory. 19% of the active listings have reduced their price by $29,070 on average or $20,000 median in the last month. We project Abbotsford to continue in Stable Market.

June's Real Estate Statistics shows 62% of Vancouver's Detached Markets values decreased this month. Overall, Single Family Homes in Metro Vancouver experienced an Average Monthly Price Decrease of $18,158, which is a continuous decline from the last 2 months' $14,880 in May and the $8,007 price drop in April. On the other hand, the Fraser Valley remains a steady Market with the monthly price increase of $1,322. The following month's forecasts for Detached Homes are: a continued Buyer's Market across most of Vancouver and a Stable Market over most of the Fraser Valley.

Currently, the Condo Market presents a Cooler Market with 73% of the Greater Vancouver (Lower Mainland) Condo Prices decreasing. On the same note, 79% of the Townhouse Markets are decreasing (22 out of 28 Markets). We are forecasting a Buyers Market in most Condo and Townhouse Markets for the coming month. 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 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)

 

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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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22 20554 118th 5341 256th 1783 Fairview 15695 Thrift   42849 Tait Road   2030 Vinewood 3374 273B St 42854 Old Orchard 28258 Myrtle 23925 115A  

 

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