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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