Abbotsford Condo Market Report – January 2023

In January 2023, the Abbotsford condo real estate market is classified as a Buyer's Market with an absorption rate of 3.8%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

52 condo properties sold in Abbotsford during January 2023 based on MLS® records. There were 1,386 active listings at the start of the month. A total of 96 new listings came to market during the month.

The average condo sold price in Abbotsford in January 2023 was $372,735. Sold prices ranged from $207,000 to $725,000. Data is sourced from MLS® board records.

In January 2023, condo properties in Abbotsford averaged 43 days on the market before selling. With an absorption rate of 3.8%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average condo sold price in Abbotsford in January 2023 was $372,735, down 24.1% year-over-year compared to January 2022 ($491,049). Sales volume was down 11.9% compared to the same month last year. Data is sourced from MLS® sold records.