I just listed 7532 Walters St in Abbotsford BC. Here are the details: Very rare and nearly 20 acre parcel (19.11) fronting the Fraser River. 3 separate parcels means you could build 3 residences. 2 homes currently. Build your DREAM HOME with NO NEIGHBOURS. Great fishing nearby. Land is flat and fertile. Property is on Saindpoint water system. Beautiful views of the surrounding mountains. Properties to the East and West are owned by the GVRD and farmed with no houses. Perfect for cattle and horses. Private and peaceful. Bring your ideas
Archive for the ‘Abbotsford BC Homes for Sale’ Category
I just listed 320 – 33175 Old Yale Rd in Sommerset Ridge. Here are the details. Top floor 2 bedroom, 2 bathroom unit and over 1,000 sqft. Recent updates include paint and flooring. Open floor plan. Master bedroom has walk through double sided closets and a door to the deck. Within two blocks of Sevenoaks Mall, Transit Exchange, Mill Lake, restaurants and easy freeway access. In suite laundry with extra storage space. Storage locker down the hall. The roof and plumbing were recently upgraded. Gas fireplace (gas is paid by strata) and electric baseboards. Mount Baker views. Kid and Pet friendly and BBQ’s are also allowed. Comes with a storage locker and one parking stall.
Rare opportunity to own a Penthouse unit in the SOLD OUT Hudson’s Loft. Contact for details.
In the month of October for the Abbotsford real estate market, we continued to see the trend of a buyers market. We had a sell through rate of 8.5%. This means that about 8.5% of all the listings sold over the one month period. We have about 12 months of inventory currently on the market (we usually like to see 3 month or less). This is calculated on trending sales per month and how long it would take to sell current active listings using the per month sales average if no more homes were listed. (eg. 682 actives divided by 58 sales = 11 3/4 months to sell off all properties).
The current average list price $492,000 with the average sale price being $474,000, this equates to about a 4% reduction in price for the home buyer in Abbotsford for those 58 homes that sold in October. That is a fairly substantial rebate off the average list price.
The average time to sell was 66 days which is a fairly consistant number over the previous few months. November and December typically will slow a little bit but there are still those who want to be in new home before Christmas as well as things like job relocations in Abbotsford and those looking to move the kids to new schools over the holidays.
It continues to be a great time to buy a home. Plenty of homes to choose from, lots of room to negotiate and no pressure to overpay. Give me a call for more information.
Below are the homes that sold in Abbotsford for the month of October 2012
There were 2 new listings at Landmark Abbotsford today. A new unit at 201-30519 Blueridge Drive Abbotsford was listed for $268,888. There was also a property listed at 102-31950 South Fraser Way Abbotsford for $160,000.00. These have not hit the MLS yet.