abbotsford real estate may 2016
TRANSCRIPT
ABBOTSFORD
REAL ESTATE MARKET REPORTMay 2016
Demand is tremendous, still, for detached homes in our region, but it’s encouraging to see that the upward pace of that demand is leveling off.
Charles Wiebe, President of theFraser Valley Real Estate Board
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Abbotsford Detached Homes
0
50
100
150
200
250 May 2016; 241
May 2015; 136
April 2016; 244 Sales Were Up Over May 2015 by 77.21%And Down Over April 2016 by 1.23%
Sales New Listings Active Listngs0
50
100
150
200
250
300
350
400
450
241
289324
136
183
393
244
341325
May 2016 May 2015 April 2016
May 2016Detached HomeSales & Listings
$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000 May 2016; $614,900
May 2015; $464,900
April 2016; $547,100
BenchmarkPrice Was Up Over May 2015 by 32.27%& Also Up Over April 2016 by 7.11%
Benchmark Price
Median Price
Average Price
$0 $200,000 $400,000 $600,000 $800,000
$614,900
$625,000
$648,305
$464,900
$454,500
$481,206
$574,100
$610,000
$639,581
April 2016 May 2015 May 2016
May 2016Detached HomePrices
Abbotsford TOWNHOUSEs
0
10
20
30
40
50
60
70
80
90 May 2016; 89
May 2015; 40
April 2016; 82 Sales Were Up Over May 2015 by 122.5%And Up Over April 2016 by 8.54%%
Sales New Listings Active Listngs0
50
100
150
200
250
300
350
89 96 93
4054
212
82 84
325
May 2016 May 2015 April 2016
May 2016TownhouseSales & Listings
$215,000
$220,000
$225,000
$230,000
$235,000
$240,000
$245,000
$250,000 May 2016; $249,300
May 2015; $229,000
April 2016; $247,500
BenchmarkPrice Was Up Over May 2015 by 8.86%& Also Up Over April 2016 by 0.73%
Benchmark Price
Median Price
Average Price
$0 $100,000 $200,000 $300,000 $400,000
$249,300
$349,900
$351,102
$229,000
$266,000
$278,430
$247,500
$330,250
$335,560
April 2016 May 2015 May 2016
May 2016TownhousePrices
Abbotsford CONDOMINIUMS
0
10
20
30
40
50
60
70
80
90
100 May 2016; 91
May 2015; 40
April 2016; 86
Sales Were Up Over May 2015 by 127.50%And Also Up Over April 2016 by 5.81%
Sales New Listings Active Listngs0
50
100
150
200
250
300
91 87
132
40
76
278
86100
147
May 2016 May 2015 April 2016
May 2016CondoSales & Listings
$135,000
$140,000
$145,000
$150,000
$155,000
$160,000
$165,000
$170,000
$175,000 May 2016; $172,000
May 2015; $150,600
April 2016; $165,900
BenchmarkPrice Was Up Over May 2015 by 14.21%& Also Up Over April 2016 by 3.68%
Benchmark Price
Median Price
Average Price
$0 $50,000 $100,000 $150,000 $200,000
$172,000
$170,000
$175,772
$150,600
$151,000
$154,992
$165,900
$171,500
$188,440
April 2016 May 2015 May 2016
May 2016CondoPrices
