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?


Archive Peak to date



June 1, 2022

gas gauge

Current:  Abbotsford is in Stable Market with average listing inventories, 12 %SOLD rate and a 96% Sell/List Ratio.
                  (This means that on an average sale there is a $49,250 increase from the original list price) Lesson

Most Active Range: Homes between $1.1 mill. - $1.275 mill. have an 25.0 %SOLD rate.
Least Active Range: Homes above $2.5 mill. have a 2.7 %SOLD rate.

History: The Abbotsford Home Price Index HPIp (Top 50%) shows that prices increased $315,466 year-to-date.
                The Abbotsford Home Price Index HPIp (Lower 50%) shows that prices increased $263,393 year-to-date.
                      *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Abbotsford has average Listing supply; 444 homes are for sale & with the 12 %SOLD monthly rate gives us a ~8 months of inventory. 20% of the active listings have reduced their price by $96,491 on average and $75,950 on median in the last month. We project Abbotsford to continue in Stable Market.

Greater Vancouver June 2022:

June's Real Estate Statistics in Vancouver's Detached Markets continue to decline with 95% of the homes dropping in value. The monthly average price fell ($38,684) while in the Fraser Valley prices dropped ($42,274) on average. Due to the potential interest rates increases and economic woes, we are forecasting that the majority of the Metro Vancouver Markets will continue to be in a Buyer’s Market for the next coming months.

Currently, Both the Condo Markets and Townhouse Markets are in a Buyer's Market, with Average Price decrease of ($8,369) and ($16,388) respectively. We analyze and provide 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.

Fraser Valley June 2022:

100% of the Fraser Valley's Detached Market monthly prices decreased in June by ($42,274) on average. This is the biggest JUNE drop we have seen on Record which is caused by an almost 50% drop in sales. Due to the potential increase on mortgage and interest rates for the 3rd quarter this year and the continued consumer behavior on the economic difficulties, we are forecasting that the majority of the Fraser Valley's Markets will continue to be in a Buyer’s Market for the next coming months.

Currently, Both the Condo Markets and Townhouse Markets are in a Buyer's Market, with an Average Price decrease of ($8,369) and ($16,388) respectively. We analyze and provide 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)

 

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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

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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Bill Coughlin
EXP Realty

For Real Estate in Abbotsford, Mission, Langley, Surrey and Chilliwack

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25369 Dewdney Trunk   43100 Frost Rd 214 33165 2nd Ave 32560 Murray Ave 5341 256 2460 Lindale St 1783 Fairview 37 8930 Walnut Grove 9049 Manzer St 26220 126 Ave 31585 Clearview Cres 33320 Tree Top Terrace Stave Lake 4791 256 St Hayward Lake Estates CTM/VREI 43250 Old Orchard   28779 Dewdney Trunk Rd 8415 Cessna Dr 12128 256 St 21417 16 Ave  Hayward Lake Estates HWLE 30513 Silverdale Ave 7420 112 St 22838 137 Ave 1621 King George 31717 Old Yale   28258 Myrtle Ave

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