Mission BC, Mission Market Report – August 2022

Q: Is it a good time to buy in Mission BC, Mission?

In August 2022, the Mission BC, Mission real estate market is classified as a Buyer's Market with an absorption rate of 2.2%. 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.

Q: How many homes sold in Mission BC, Mission in August 2022?

20 properties sold in Mission BC, Mission during August 2022 based on MLS® records. There were 901 active listings at the start of the month. A total of 78 new listings came to market during the month.

Q: What is the average home price in Mission BC, Mission?

The average sold price in Mission BC, Mission in August 2022 was $764,790. Sold prices ranged from $435,000 to $1,164,500. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Mission BC, Mission?

In August 2022, properties in Mission BC, Mission averaged 34 days on the market before selling. With an absorption rate of 2.2%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

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

← July 2022 Next month →

Units Sold

$764,790

Avg Sold Price

34d

Avg Days on Market

Buyer's Market

Market Condition

901 active at start of month 78 new listings Absorption rate: 2.2% Highest sold: $1,164,500 Lowest sold: $435,000

How Does August 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
August 2022 (this report)	20	$764,790	34d
July 2022 month prior	19 +5.3%	$835,968 -8.5%	33d +3%
August 2021 year ago	67 -70.1%	$1,028,067 -25.6%	—

3-Year Price Trend — Mission BC, Mission

The Mission BC, Mission real estate market was a Buyer's Market in August 2022, with 901 active listings at the start of the month, 20 properties sold, an average sold price of $764,790, properties averaging 34 days on market, an absorption rate of 2.2%. All data is sourced from MLS® sold records.

Recently Sold in Mission BC, Mission

2 bd • 2 ba • Apartment

32663 Appleby Court

Sold $888,900

3 bd • 3 ba • House

7381 Preston Boulevard

Sold $799,900

3 bd • 3 ba • Townhouse

Active Listings in Mission BC, Mission

32970 Tunbridge Avenue

$719,900

4 bd • 4 ba • Townhouse

9756 Dewdney Trunk Road

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Mission BC, Mission specialist

Get your home value ›

Frequently Asked Questions — Mission BC, Mission Market

Is it a good time to buy in Mission BC, Mission? +

How many homes sold in Mission BC, Mission in August 2022? +

What is the average home price in Mission BC, Mission? +

How long are homes sitting on the market in Mission BC, Mission? +

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Related: Mission BC, Mission Archive → Live Market Stats → Mission Reports → All BC Reports →

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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