Mission House Market Report – August 2023

Mission is an active house market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Mission based on MLS® data.

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29
Units Sold
$1,124,276
Avg Sold Price
35d
Avg Days on Market
Buyer's Market
Market Condition
1,670 active at start of month 97 new listings Absorption rate: 1.7% Highest sold: $2,260,000 Lowest sold: $650,000

How Does August 2023 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2023 (this report) 29 $1,124,276 35d
July 2023 month prior 47 -38.3% $1,199,170 -6.2% 39d -10.3%
August 2022 year ago 23 +26.1% $1,076,651 +4.4%

3-Year Price Trend — Mission House

The Mission house real estate market was a Buyer's Market in August 2023, with 1,670 active listings at the start of the month, 29 properties sold, an average sold price of $1,124,276, properties averaging 35 days on market, an absorption rate of 1.7%. 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 Mission specialist
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Frequently Asked Questions — Mission August 2023

In August 2023, the Mission house real estate market is classified as a Buyer's Market with an absorption rate of 1.7%. 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.

Last Update: 06/03/2026   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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