I've returned to keeping my own snap shots statistics for my buyers and sellers in Abbotsford in order to better analysis the Abbotsford, house and condominium market.
I found some interesting information. First, prices are still up over this period last year. Houses are up $47,000, townhouses are up $20,000 and apartments are up $17,000. The last few years almost every month had an average sales price higher than the previous month. This year the average has been down then up than down and than up again.
In units sold townhouses and apartments are at the same level as last May. The noticeable difference is in house sales which are down from 176 to 118, a 33% decline.
I guess buying a $200,000 apartment condo or a $312,000 townhouse is a lot more doable than a $464,000 house.