Sumas Prairie, Abbotsford Market Report – May 2024

In May 2024, the Sumas Prairie, Abbotsford real estate market is classified as a Buyer's Market with an absorption rate of 4.3%. 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.

4 properties sold in Sumas Prairie, Abbotsford during May 2024 based on MLS® records. There were 94 active listings at the start of the month. A total of 3 new listings came to market during the month.

The average sold price in Sumas Prairie, Abbotsford in May 2024 was $1,222,500. Sold prices ranged from $600,000 to $1,680,000. Data is sourced from MLS® board records.

In May 2024, properties in Sumas Prairie, Abbotsford averaged 11 days on the market before selling. With an absorption rate of 4.3%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average sold price in Sumas Prairie, Abbotsford in May 2024 was $1,222,500, down 64.6% year-over-year compared to May 2023 ($3,450,000). Sales volume was up 300% compared to the same month last year. Data is sourced from MLS® sold records.