Mission BC, Mission Townhouse Market Report – January 2022

In January 2022, the Mission BC, Mission townhouse real estate market is classified as a Buyer's Market with an absorption rate of 10%. 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.

3 townhouse properties sold in Mission BC, Mission during January 2022 based on MLS® records. There were 30 active listings at the start of the month. A total of 8 new listings came to market during the month.

The average townhouse sold price in Mission BC, Mission in January 2022 was $1,086,849. Sold prices ranged from $979,000 to $1,231,547. Data is sourced from MLS® board records.

In January 2022, townhouse properties in Mission BC, Mission averaged 8 days on the market before selling. With an absorption rate of 10%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Mission BC, Mission in January 2022 was $1,086,849, up 93.3% year-over-year compared to January 2021 ($562,232). Sales volume was down 50% compared to the same month last year. Data is sourced from MLS® sold records.