The Fraser Valley Real Estate Board posted MLS statistics for the Fraser Valley real estate market for May 2016. In this presentation, we highlight the sales, activity and pricing information for Abbotsford detached homes, townhouses, and condominiums. Get detailed Abbotsford real estate market updates at http://abbotsfordrealestate.co

1. ABBOTSF
ORD
REAL ESTATE MARKET REPOR
May 2016

2. 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 the
Fraser Valley Real Estate Board
“
“

3. Abbotsford Detached
Homes

4. 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%

5. 241
289
324
136
183
393
244
341
325
0
50
100
150
200
250
300
350
400
450
Sales New Listings Active Listngs
May 2016 May 2015 April 2016
May 2016
Detached
Home
Sales &
Listings

6. $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
Benchmark
Price Was Up
Over May 2015
by 32.27%
& Also Up Over
April 2016 by
7.11%

7. $614,900
$625,000
$648,305
$464,900
$454,500
$481,206
$574,100
$610,000
$639,581
$0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 $700,000
Benchmark Price
Median Price
Average Price
April 2016 May 2015 May 2016
May 2016
Detached
Home
Prices

8. Abbotsford TOWNHOUSEs

9. 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%%

10. 89
96 93
40
54
212
82 84
325
0
50
100
150
200
250
300
350
Sales New Listings Active Listngs
May 2016 May 2015 April 2016
May 2016
Townhouse
Sales &
Listings

11. $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
Benchmark
Price Was Up
Over May 2015
by 8.86%
& Also Up Over
April 2016 by
0.73%

12. $249,300
$349,900
$351,102
$229,000
$266,000
$278,430
$247,500
$330,250
$335,560
$0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000
Benchmark Price
Median Price
Average Price
April 2016 May 2015 May 2016
May 2016
Townhouse
Prices

13. Abbotsford
CONDOMINIUMS

14. 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%

15. 91 87
132
40
76
278
86
100
147
0
50
100
150
200
250
300
Sales New Listings Active Listngs
May 2016 May 2015 April 2016
May 2016
Condo
Sales &
Listings

16. $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
Benchmark
Price Was Up
Over May 2015
by 14.21%
& Also Up Over
April 2016 by
3.68%

17. $172,000
$170,000
$175,772
$150,600
$151,000
$154,992
$165,900
$171,500
$188,440
$0 $20,000 $40,000 $60,000 $80,000$100,000$120,000$140,000$160,000$180,000$200,000
Benchmark Price
Median Price
Average Price
April 2016 May 2015 May 2016
May 2016
Condo
Prices

18. Questions
?
http://abbotsfordrealestate.co