Fraser Valley

ABBOTSFORD

APRIL 2023

Price Band & Bedroom DETACHED HOUSES

Com m unity DETACHED HOUSES

SnapStats® $0 -700,000

Inventory Sales

Sales Ratio

SnapStats®

Inventory Sales

Sales Ratio

1 3 2

2 1 3

200%*

Abbotsford East Abbotsford W est

93 57 21

39 14

42% 25% 19%

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

33%

150%* 108%*

Aberdeen Bradner Matsqui Poplar

4 1 1 7 0 1

13

14 46 14

1

100%

1,000,001 – 1,250,000 48 1,250,001 – 1,500,000 78 1,500,001 – 1,750,000 28 1,750,001 – 2,000,000 24 2,000,001 – 2,250,000 9 2,250,001 – 2,500,000 12 2,500,001 – 2,750,000 2 2,750,001 – 3,000,000 1 3,000,001 – 3,500,000 2 3,500,001 – 4,000,000 1 4,000,001 – 4,500,000 0 4,500,001 – 5,000,000 0 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

96% 18% 11%

CentralAbbotsford

35

19

54%

1

100%

3 2 0 0 1 0 0 0 0 0 0 0 0 0 0

11

64%

8%

Sum as M ountain Sum as Prairie

3 2

NA

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

50% 38%

TOTAL*

224

86

50%

7,000,001 & Greater

0

TOTAL*

224

86

38%

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

8

1

13% 60% 30% 16% 38%

84

50 30

100

32

5

TOTAL*

224

86

SnapStats®

March

April

Variance

Inventory

222

224

1%

Solds

93

86

-8%

Sale Price

$1,080,000 $1,150,000 6%

Sale Price SQFT

$368

$448 100%

22%

Sale to ListPrice Ratio 96%

4%

Days on M arket

15

10

-33%

*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 arketat38% Sales Ratio average (3.8 in 10 hom es seling rate) • Hom es are seling on average 100% oflistprice

• M ostActive Price Band** $900,000 to $1 m ilw ith average > 100% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $1.75 m ilto $2 m il,Aberdeen and up to 2 bedroom properties • Selers BestBet** Seling hom es in Poplarand 3 to 4 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$1,325,000 $1,292,000

$1,242,000

$1,150,000 $1,100,000

$1,150,000

$1,080,000

$1,050,000 $1,050,000 $1,060,000

$1,037,500

13 Month M arket Trend

$975,000

$957,500

375

371

368

358

340

328

289

260

224

222

214

197

181

93

86

76

69

58

53

49

49

45

41

39

36

20

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

Com plim ents of...

Maria Senajova PersonalRealEstate Corporation Stilhavn RealEstate Services

VancouverUrbanHom es.com

604.657.1110

m aria@ vancouverurbanhom es.com

© 2010-2023 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 ay 1,2023 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 .