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The Condo Seller's Blog

The Condo Seller's blog about Abbotsford condo market.
Weekly Report - Abbotsford Condo Market (August 17-23, 2008)

Abbotsford Condo StatsListing activity remained almost the same as previous week with 16 new condo listings added to the MLS. Average price of new listings for the week was $189412.00. Total number of condo listings in Abootsford dropped to 324 from 327 of previous week. Last year total number of condo listings in Abbotsford on any given week used to be around 200 on average. Now with over 300 active MLS listings its certainly not a seller's market anymore.

14 units were sold in the week of August 17-23. Sales were up compared to last week but average selling price came lower at $174470.

Notable Sales:

  • 2 Bedroom, 1300 SqFt conod in Towne Centre Tower Sold for $300,000
  • 921 SqFt unit in the Cascade Green sold for $172,000
  • 1 bedroom unit in the Ridgeview Place that sold for $135,000 was the cheapest unit to sell this week.

Next week we'll bring you more details of the Abbotsford condo market. Feel free to ask a question in the comments section or contact us anytime.

Posted: Sunday, August 24, 2008 7:47 AM by Raj Dhaliwal
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