Mission Townhouse Market Report – March 2022

Q: How many homes sold in Mission in March 2022?

13 townhouse properties sold in Mission during March 2022 based on MLS® records. There were 45 active listings at the start of the month. A total of 17 new listings came to market during the month.

Q: What is the average home price in Mission?

The average townhouse sold price in Mission in March 2022 was $811,531. Sold prices ranged from $490,000 to $999,999. Data is sourced from MLS® board records.

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

In March 2022, townhouse properties in Mission averaged 21 days on the market before selling. With an absorption rate of 28.9%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Mission market changed compared to last year?

The average townhouse sold price in Mission in March 2022 was $811,531, up 67.2% year-over-year compared to March 2021 ($485,250). Sales volume was up 225% compared to the same month last year. Data is sourced from MLS® sold records.

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

← February 2022 Next month →

Units Sold

$811,531

Avg Sold Price

21d

Avg Days on Market

Strong Seller's Market

Market Condition

45 active at start of month 17 new listings Absorption rate: 28.9% Highest sold: $999,999 Lowest sold: $490,000

How Does March 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
March 2022 (this report)	13	$811,531	21d
February 2022 month prior	6 +116.7%	$932,279 -13%	13d +61.5%
March 2021 year ago	4 +225%	$485,250 +67.2%	—

3-Year Price Trend — Mission Townhouse

The Mission townhouse real estate market was a Strong Seller's Market in March 2022, with 45 active listings at the start of the month, 13 properties sold, an average sold price of $811,531, properties averaging 21 days on market, an absorption rate of 28.9%. All data is sourced from MLS® sold records.

Recently Sold in Mission

7381 Preston Boulevard

Sold $799,900

3 bd • 3 ba • Townhouse

8335 Nelson Street

Sold $715,100

3 bd • 3 ba • Townhouse

32921 14th Avenue

Sold $653,000

3 bd • 3 ba • Townhouse

8335 Nelson Street

Sold $680,000

3 bd • 3 ba • Townhouse

7381 Preston Boulevard

Sold $729,900

3 bd • 3 ba • Townhouse

8430 Nottman Street

Sold $779,900

3 bd • 3 ba • Townhouse

Active Listings in Mission

32970 Tunbridge Avenue

$719,900

4 bd • 4 ba • Townhouse

32165 7th Avenue

$488,000

2 bd • 2 ba • Townhouse

32849 Egglestone Avenue

$670,000

3 bd • 3 ba • Townhouse

9118 Cedar Street

$749,900

3 bd • 3 ba • Townhouse

9118 Cedar Street

$854,900

3 bd • 4 ba • Townhouse

8430 Nottman Street

$649,900

3 bd • 3 ba • Townhouse

Prepared by

Hani Faraj

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

Get your home value ›

All Types Condos Houses Townhouses

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

Frequently Asked Questions — Mission March 2022

Is it a good time to buy in Mission? −

In March 2022, the Mission townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 28.9%. It is currently a strong seller's market in Mission, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Mission in March 2022? +

What is the average home price in Mission? +

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

How has the Mission market changed compared to last year? +

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.