Central Abbotsford, Abbotsford Market Report – August 2020

Central Abbotsford is the urban core of Abbotsford, BC, and the geographic and commercial heart of the Fraser Valley's largest city. The area surrounds the Abbotsford City Centre and includes a mix of older established homes, newer townhouse developments, and a growing number of condo and mixed-use projects driven by the University of the Fraser Valley campus and transit upgrades. Mill Lake Park provides a beautiful central green space for the community. Highway 11 and South Fraser Way offer convenient road connections to Mission, Langley, and the Trans-Canada Highway. Central Abbotsford appeals to students, young professionals, investors, and families who want walkable urban amenities at price points that remain well below comparable Metro Vancouver communities.

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76
Units Sold
$492,495
Avg Sold Price
27d
Avg Days on Market
Seller's Market
Market Condition
348 active at start of month 133 new listings Absorption rate: 21.8% Highest sold: $1,350,000 Lowest sold: $174,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 76 $492,495 27d
July 2020 month prior 85 -10.6% $485,048 +1.5% 29d -6.9%

3-Year Price Trend — Central Abbotsford, Abbotsford

The Central Abbotsford, Abbotsford real estate market was a Seller's Market in August 2020, with 348 active listings at the start of the month, 76 properties sold, an average sold price of $492,495, properties averaging 27 days on market, an absorption rate of 21.8%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Central Abbotsford, Abbotsford specialist
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Frequently Asked Questions — Central Abbotsford, Abbotsford August 2020

In August 2020, the Central Abbotsford, Abbotsford real estate market is classified as a Seller's Market with an absorption rate of 21.8%. It is currently a seller's market in Central Abbotsford, Abbotsford. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/04/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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