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Abbotsford, BC

Updated: Aug 2016
House
Median price $599,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 1.06%
Apartment
Median price $200,900
Monthly growth 1.23 %
Quarterly trend
Stock on market 0.37%

Abbotsford Home Price

Across the country as a whole, Abbotsford is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

Want a cheaply priced house? Then at $599,900 this month, Abbotsford, British Columbia is probably not for you price wise.

4 bedroom properties are the most common available for real estate investors this month in neighbourhood.

This month we track 4th neighbourhoods in British Columbia, and Abbotsford has the 4th most choice available for real estate investors.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Abbotsford will hopefully provide an indicator to help you where to research in-depth

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

The $200,900 price tag on the median Abbotsford home means that it is about average price.

Abbotsford’s most common listing this month is 2 bedroom properties, less than province’s most common offering of 2 bedrooms.

This month we track 9th neighbourhoods in British Columbia, and Abbotsford has the 9th most choice available for real estate investors.

As one of British Columbia’s many potential real estate investment neighbourhoods, Abbotsford needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Abbotsford have dried up which would tend to indicate that demand is higher than the supply of new properties.

Beds Median price (House) Median price (Apartment)
1 bedroom $208,950 $164,350
2 bedrooms $369,900 $214,900
3 bedrooms $499,900 $214,600
4 bedrooms $599,000
5 bedrooms $672,500 $422,250
6 bedrooms $754,000
Demographics
  • Population density per square kilometre355.5
  • Land area (square km)375.55
  • Population in 2011133497
  • Population in 2006124258
  • 2006 to 2011 population change (%)7.4
  • Total private dwellings49917
  • Private dwellings occupied by usual residents46452