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Abbotsford Apartments Stats 2008 2012

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Page 1: Abbotsford Apartments Stats 2008 2012

Abbotsford Apartment Statistics

2008 – 2012

Page 2: Abbotsford Apartments Stats 2008 2012

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 apartment condo sales have declined twenty seven percent since 2009

2. Prices in all categories have declined fifteen to eighteen percent but as in townhouse there have been a decline in higher priced new construction.

Page 3: Abbotsford Apartments Stats 2008 2012

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.

Page 4: Abbotsford Apartments Stats 2008 2012

Sales Benchmark Price

Median Price

Average Price

2008 598 189,567 195,647

2009 536 200,130 170,704 175,133

2010 580 216,309 165,277 175,152

2011 498 160,242 163,993 167,767

2012 435 169,217 154,667 159.599

Page 5: Abbotsford Apartments Stats 2008 2012

Abbotsford Apartment Prices

-

50,000.00

100,000.00

150,000.00

200,000.00

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2012

Benchmark Median Average

Page 6: Abbotsford Apartments Stats 2008 2012

Abbotsford Apartment Sales

0100200300400

Jan

Fe

b

Ma

r

Ap

r

Ma

y

Jun

Jul

Au

g

Se

p

Oct

No

v

De

c

January - December 2012

Sales Listings

Page 7: Abbotsford Apartments Stats 2008 2012

Abbotsford Apartment Prices

130,000.00

140,000.00

150,000.00

160,000.00

170,000.00

180,000.00

190,000.00

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2011

Benchmark Median Average

Page 8: Abbotsford Apartments Stats 2008 2012

Abbotsford Apartment Sales

0

50

100

150

200

250

300

350

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2011

Sales Listings

Page 9: Abbotsford Apartments Stats 2008 2012

Abbotsford Apartment Prices

-

50,000.00

100,000.00

150,000.00

200,000.00

250,000.00

300,000.00

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2010

Benchmark Median Average

Page 10: Abbotsford Apartments Stats 2008 2012

Abbotsford Apartment Sales

050

100150200250300350400450500

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2010

Sales Listings

Page 11: Abbotsford Apartments Stats 2008 2012

Abbotsford Apartment Prices

-

50,000.00

100,000.00

150,000.00

200,000.00

250,000.00

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2009

Benchmark Median Average

Page 12: Abbotsford Apartments Stats 2008 2012

Abbotsford Apartment Sales

0

100

200

300

400

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecJanu

ary -

Dec

embe

r 200

9

Sales Listings

Page 13: Abbotsford Apartments Stats 2008 2012

Abbotsford Apartment Prices

-

50,000.00

100,000.00

150,000.00

200,000.00

250,000.00

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2008

Median Average

Page 14: Abbotsford Apartments Stats 2008 2012

Abbotsford Apartment Sales

0102030405060708090

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

January - December 2008

Sales