abbotsford townhouse stats 2008 2012

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Abbotsford Townhouse Statistics 2008 – 2012

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Page 1: Abbotsford Townhouse Stats 2008 2012

Abbotsford Townhouse Statistics

2008 – 2012

Page 2: Abbotsford Townhouse Stats 2008 2012

The visual presentations that follow are intended to give the viewer an overview of the real estate market in Abbotsford for the years 2008 to 2012. Real Estate differs from consumer products where inventory products and prices can be consistent.

The two observations that stand out during these previous five years are:

1. The numbers of townhouse sales have only declined twelve percent since 2009

2. Average prices have declined but median prices are flat which would be the result of the decline in new townhouse selling at higher prices in previous years.

Page 3: Abbotsford Townhouse Stats 2008 2012

Median Price is the price at which half the homes sold for more while half sold for less. That means that there are just as many homes that sold at a price lower than the median than those that sold at prices higher than the median price.

Average Price is the total dollar volume of homes sold for a particular period, divided by the number of units sold.

Benchmark Price is the housing price index (HPI) which tracks the price of a typical, or benchmark property. Data for benchmark prices would not include the tear down homes or high priced mega houses.

Page 4: Abbotsford Townhouse Stats 2008 2012

TownHouses Sold

Benchmark Price

Median Price

Average Price

2008 366 273,288 283,972

2009 444 261,915 256,354 263,535

2010 378 275,929 260,317 269,744

2011 377 249,568 261,414 273,021

2012 392 240,233 267,167 263,257

Page 5: Abbotsford Townhouse Stats 2008 2012

Abbotsford Townhouse Prices

-

50,000.00

100,000.00

150,000.00

200,000.00

250,000.00

300,000.00

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2012

Benchmark Median Average

Page 6: Abbotsford Townhouse Stats 2008 2012

Abbotsford Townhouse Sales

0

50

100

150

200

250

300

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2012

Sales Listings

Page 7: Abbotsford Townhouse Stats 2008 2012

Abbotsford Townhouse Prices

-

50,000.00

100,000.00

150,000.00

200,000.00

250,000.00

300,000.00

350,000.00

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2011

Benchmark Median Average

Page 8: Abbotsford Townhouse Stats 2008 2012

Abbotsford Townhouse Sales

0

50

100

150

200

250

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2011

Sales Listings

Page 9: Abbotsford Townhouse Stats 2008 2012

Abbotsford Townhouse Prices

-

100,000.00

200,000.00

300,000.00

400,000.00

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2010

Benchmark Median Average

Page 10: Abbotsford Townhouse Stats 2008 2012

Abbotsford Townhouse Sales

0

50

100

150

200

250

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2010

Sales Listings

Page 11: Abbotsford Townhouse Stats 2008 2012

Abbotsford Townhouse Prices

-

100,000.00

200,000.00

300,000.00

400,000.00

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2009

Benchmark Median Average

Page 12: Abbotsford Townhouse Stats 2008 2012

Abbotsford Townhouse Sales

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January - December 2009

Sales Listings

Page 13: Abbotsford Townhouse Stats 2008 2012

Abbotsford Townhouse Prices

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100,000.00

200,000.00

300,000.00

400,000.00

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2008

Median Average

Page 14: Abbotsford Townhouse Stats 2008 2012

Abbotsford Townhouse Sales

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