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Bob Dunn

Abbotsford Real Estate Prices June 2009

Abbotsford’s MLS Statistics June 2009

Detached Houses

June -09

June -08

May-09

Sales 

157

99

129

New Listings 

214

238

211

Active Listings 

614

789

638

Benchmark Price 

$406,583

$437,907

$400,849

Median Price 

$387,500

$435,000

$432,000

Average Price 

$432,519

$476,335

$443,978

Townhouses

June -09

June -08

May-09

Sales 

44

28

56

New Listings 

60

64

60

Active Listings 

178

194

185

Benchmark Price 

$258,148

$304,192

$258,537

Median Price 

$262,500

$267,900

$248,250

Average Price 

$262,485

$288,067

$252,553

Apartment Condos

June -09

June -08

May-09

Sales 

60

55

46

New Listings 

106

87

90

Active Listings 

284

313

276

Benchmark Price 

$200,104

$228,936

$199,537

Median Price 

$183,000

$200,000

$182,000

Average Price 

$178,495

$214,491

$180,516

The BENCHMARK PRICE measures the value of a ‘typical’ Fraser Valley home as determined by the MLSLink® Housing Price Index (HPI). The HPI benchmark price of a detached home in June 2009 showed a decreased of 8 per cent compared to June 2008 and a 1.3 per cent increase compared to May 2009.

The MEDIAN PRICE is the middle price. If all the sales prices were listed in order from lowest to highest; ½ the sales are higher in value and ½ the sales are lower in value.

The AVERAGE PRICE is the total dollar volume of sales, divided by the number of sales.

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