Abbotsford Townhouse Stats 2008 2012
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The document analyzes townhouse real estate market statistics in Abbotsford, BC from 2008 to 2012. It shows that townhouse sales declined 12% from 2009 levels while median prices remained flat, indicating lower prices for new townhouses. Benchmark, median, and average prices all declined from 2008 levels but have stabilized in recent years.
Abbotsford Townhouse Stats 2008 2012
- 1. Abbotsford Townhouse Statistics 2008 2012
- 2. The visual presentations that follow are intended to give the viewer an overview of the real estate market in Abbotsford for the years 2008 to 2012. Real Estate differs from consumer products where inventory products and prices can be consistent. The two observations that stand out during these previous five years are: 1. The numbers of townhouse sales have only declined twelve percent since 2009 2. Average prices have declined but median prices are flat which would be the result of the decline in new townhouse selling at higher prices in previous years.
- 3. Median Price is the price at which half the homes sold for more while half sold for less. That means that there are just as many homes that sold at a price lower than the median than those that sold at prices higher than the median price. Average Price is the total dollar volume of homes sold for a particular period, divided by the number of units sold. Benchmark Price is the housing price index (HPI) which tracks the price of a typical, or benchmark property. Data for benchmark prices would not include the tear down homes or high priced mega houses.
- 4. TownHouses Benchmark Median Average Sold Price Price Price 2008 366 273,288 283,972 2009 444 261,915 256,354 263,535 2010 378 275,929 260,317 269,744 2011 377 249,568 261,414 273,021 2012 392 240,233 267,167 263,257
- 5. Abbotsford Townhouse Prices 300,000.00 250,000.00 200,000.00 150,000.00 100,000.00 50,000.00 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec January - December 2012 Benchmark Median Average
- 6. Abbotsford Townhouse Sales 300 250 200 150 100 50 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec January - December 2012 Sales Listings
- 7. Abbotsford Townhouse Prices 350,000.00 300,000.00 250,000.00 200,000.00 150,000.00 100,000.00 50,000.00 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec January - December 2011 Benchmark Median Average
- 8. Abbotsford Townhouse Sales 250 200 150 100 50 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec January - December 2011 Sales Listings
- 9. Abbotsford Townhouse Prices 400,000.00 300,000.00 200,000.00 100,000.00 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec January - December 2010 Benchmark Median Average
- 10. Abbotsford Townhouse Sales 250 200 150 100 50 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec January - December 2010 Sales Listings
- 11. Abbotsford Townhouse Prices 400,000.00 300,000.00 200,000.00 100,000.00 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec January - December 2009 Benchmark Median Average
- 12. Abbotsford Townhouse Sales 250 200 150 100 50 0 Nov May Aug Jun Dec Sep Mar Jan Feb Apr Oct Jul January - December 2009 Sales Listings
- 13. Abbotsford Townhouse Prices 400,000.00 300,000.00 200,000.00 100,000.00 - Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec January - December 2008 Median Average
- 14. Abbotsford Townhouse Sales 60 50 40 30 20 10 0 May Nov Aug Sep Mar Dec Feb Jun Jan Apr Oct Jul January - December 2008 Sales