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The Condo Seller's Blog

The Condo Seller's blog about Abbotsford condo market.
Weekly Report - Abbotsford Condo Market (September 7-13, 2008)

Higher listing and sales activity than last week10 condo listings sold this week and total number of available listings on the MLS is 317 today. Average selling price came at $187,290 which is more realistic and unlike the previous week when average sale price jumped to $213,125. Keep in mind that only 4 condo sales were reported in Abbotsford by our MLS for that week and they all happened to be higher end units. Overall market activity was much stronger than the last wee as 17 new condominiumus were also listed on the MLS this week. Most expensive new listing for the week is a 2 bedroom +den unit in At Natures Gate listed for $344,500.

Notable sales:

  • 2 Bedroom corner unit sold for 143 in Parkview Estates.
  • Over 1200 SqFt (3 Bedroom) unit in Forest Village sold for $166,000.
  • Lowest price sale of the week was a 2 bedroom unit in the Fernwood Manor.

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, September 14, 2008 9:45 PM by Raj Dhaliwal

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