Fraser Valley

ABBOTSFORD

APRIL 2023

Price Band & Bedroom CONDOS & TOWNHOMES

Com m unity CONDOS & TOWNHOMES

SnapStats® $0 – 100,000

Inventory Sales

Sales Ratio

SnapStats®

Inventory Sales

Sales Ratio

0 0

0 0

NA NA

Abbotsford East Abbotsford W est

34 89

19 42

56% 47% 25%

100,001 – 200,000 200,001 – 300,000 300,001 – 400,000 400,001 – 500,000 500,001 – 600,000 600,001 – 700,000 700,001 – 800,000 800,001 – 900,000 900,001 – 1,000,000

18 51 65 41 32 31 22

10 31 35 22 23 12

56% 61% 54% 54% 72% 39% 32%

Aberdeen Bradner Matsqui Poplar

4 0

1 0 0 8 0 0

NA

CentralAbbotsford

129

70

54%

0

NA

13

62%

Sum as M ountain Sum as Prairie

0 0

NA NA

7 0 0 0 0 0 0 0 0 0 0 0 0

7

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

TOTAL*

269

140

52%

1,000,001 – 1,250,000 1 1,250,001 – 1,500,000 1 1,500,001 – 1,750,000 0 1,750,001 – 2,000,000 0 2,000,001 – 2,250,000 0 2,250,001 – 2,500,000 0 2,500,001 – 2,750,000 0 2,750,001 – 3,000,000 0 3,000,001 – 3,500,000 0 3,500,001 – 4,000,000 0

4,000,001 & Greater

0

TOTAL*

269

140

52%

0 to 1 Bedroom 2 Bedrooms 3 Bedrooms

31

17 81 34

55% 57% 45% 40% 52%

143

75

4 Bedroom s & Greater 20

8

TOTAL*

269

140

SnapStats®

March

April

Variance

Inventory

270 143

269 140

0%

Solds

-2%

Sale Price

$432,000 $491,000 14%

Sale Price SQFT

$417

$424

2% 2%

Sale to ListPrice Ratio 97%

99%

Days on M arket

14

11

-21%

*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 ATTACHED :Selers M arketat52% Sales Ratio average (5.2 in 10 hom es seling rate) • Hom es are seling on average 1% below listprice • M ostActive Price Band** $600,000 to $700,000 w ith average 72% Sales Ratio (Selers m arket) • Buyers BestBet** Hom es betw een $800,000 to $900,000,Abbotsford W estand m inim um 4 bedroom properties • Selers BestBet** Seling hom es in Poplarand 2 bedroom properties **W ith m inim um inventory of10 in m ostinstances

SALE PRICE

INVENTORY

SOLDS

$545,000

$540,000 $520,000 $532,700

$491,000

$485,000

$477,500 $495,000

$448,000 $435,000

$445,000

$418,000 $432,000

13 Month M arket Trend

433

424

421

412

399

380

376

299

277

270

269

266

264

143

141

140

100

90

90

83

80

78

77

71

67

59

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 .