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ABBOTSFORD/MISSION RESALE MARKET SUMMARY

MLS Resale Highlights

Total listings increased by 57 while total resales decreased by 141 when compared to the Fourth Quarter of 2021

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Over the past four quarters, the lower bound of the sales range for Low Rise product has decreased by $45,000 and the upper bound of the sales range also decreased by $16,000

Price per square foot sales values for Low Rise condominiums and Townhomes are down by $16 and $42, respectively, from the Fourth Quarter last year

The average days spent on market for Low Rise product has decreased by 2 days, while Townhomes has increased by 53 days compared to the same quarter last year

The average Low Rise price per square foot for one bedroom and two bedroom condominiums has decreased by $14 and $16, respectively, when compared to the same quarter in 2021

The average price per square foot for two bedroom and three bedroom Townhome has decreased by $67 and $58, respectively, when compared to the Fourth Quarter of 2021

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