Fraser Valley

ABBOTSFORD

FEBRUARY 2024

Price Band & Bedroom DETACHED HOUSES

Com m unity DETACHED HOUSES

SnapStats® $0 -700,000

Inventory Sales

Sales Ratio

SnapStats®

Inventory Sales

Sales Ratio

0 0 3

0 0 3

NA NA

Abbotsford East Abbotsford W est

80 84 15

32 17

40% 20% 13%

700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

100%

Aberdeen Bradner Matsqui Poplar

2 0 0 4 0 0

16

10 34 14

63% 46% 18% 10%

2

NA

1,000,001 – 1,250,000 74 1,250,001 – 1,500,000 77 1,500,001 – 1,750,000 39 1,750,001 – 2,000,000 21 2,000,001 – 2,250,000 8 2,250,001 – 2,500,000 7 2,500,001 – 2,750,000 3 2,750,001 – 3,000,000 5 3,000,001 – 3,500,000 0 3,500,001 – 4,000,000 0 4,000,001 – 4,500,000 0 4,500,001 – 5,000,000 1 5,000,001 – 5,500,000 0 5,500,001 -6,000,000 0 6,000,001 -6,500,000 0 6,500,001 -7,000,000 0

CentralAbbotsford

55

12

22%

2

NA

4 1 1 0 0 0 0 0 0 0 0 0 0 0 0

10

40%

5%

Sum as M ountain Sum as Prairie

2 5

NA NA

13%

NA NA NA NA NA NA NA NA NA NA NA NA

TOTAL*

255

67

26%

7,000,001 & Greater

1

TOTAL*

255

67

26%

2 Bedroom s & Less 3 to 4 Bedroom s 5 to 6 Bedroom s 7 Bedroom s & M ore

10 97

1

10% 35% 27%

34 31

114

34

1

3%

TOTAL*

255

67

26%

SnapStats®

January February Variance

Inventory

220

255

16% 56%

Solds

43

67

Sale Price

$1,117,000 $1,125,000 1%

Sale Price SQFT

$420

$493

17%

Sale to ListPrice Ratio 97%

98%

1%

Days on M arket

16

12

-25%

*Sales Ratio suggests m arkettype and speed (ie Balanced 12-20% .)Referto YTD reports forsustained periods.If> 100% M LS® data reported previous m onth’s sales exceeded currentinventory count.

M arket Sum m ary

• M arketType Indicator ABBOTSFORD DETACHED :Selers M arketat26% Sales Ratio average (2.6 in 10 hom es seling rate) • Hom es are seling on average 2% below listprice

• M ostActive Price Band** $900,000 to $1 m ilw ith average 63% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $1.75 m ilto $2 m il,Aberdeen and m inim um 7 bedroom properties • Selers BestBet** Seling hom es in Abbotsford East,Poplarand 3 to 4 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$1,245,000 $1,262,500

13 Month M arket Trend

$1,195,000

$1,150,000

$1,125,000

$1,125,000

$1,107,500 $1,131,031

$1,080,000

$1,070,000 $1,078,500 $1,117,000

$975,000

393

391

255

372

370

355

224

222

222

220

214

327

310

99

93

90

86

67

62

59

51

47

45

43

41

38

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

Com plim ents of...

Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services

VancouverUrbanHom es.com

604.657.1110

m aria@ vancouverurbanhom es.com

© 2010-2024 SnapStats® Publishing Co.Al rights reserved.No partofthis publication m ay be reproduced,copied,posted on the internetorforw arded in any printed orelectronic form atw ithoutw riten perm ission.This reportdata w as captured on M arch 1,2024 from the FraserValey RealEstate Board M LS® .Referto ourYTD reports forsustained periods ofthe Sales Ratio % .The accuracy and com pleteness ofthe inform ation is notguaranteed.In providing this inform ation SnapStats® orM aria Senajova do notassum e any responsibility orliability.M ore info atsnap-stats.com .

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