Where to buy real estate in 2020: Abbotsford and Mission, B.C.

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Rank	Area	Province	Neighbourhood	Area average price 2019	Value	Momentum	Average price vs. area	Average price vs. metro district	Average price vs. greater city area	1-Year price change	5-Year price change	Final star rating
1	Abbotsford	BC	Central Abbotsford	$852,596.00	9.46	74.21	79.0%	67.0%	53.1%	-1.49%	81.3%	★★★★
2	Abbotsford	BC	Matsqui	$852,596.00	27.50	96.89	193.5%	164.1%	130.0%	27.23%	152.1%	★★½
3	Abbotsford	BC	Poplar	$852,596.00	19.90	87.10	96.3%	81.7%	64.8%	5.63%	109.5%	★★★½
4	Abbotsford	BC	Abbotsford West	$852,596.00	13.16	70.13	87.1%	73.8%	58.5%	-3.00%	83.9%	★★★★
5	Mission	BC	Stave Falls	$670,567.58	26.86	85.53	121.8%	81.2%	64.4%	1.58%	83.3%	★★½
6	Abbotsford	BC	Aberdeen	$852,596.00	38.60	50.34	126.9%	107.7%	85.3%	-6.58%	69.6%	★★★
7	Mission	BC	Durieu	$670,567.58	25.49	61.58	119.1%	79.4%	63.0%	-4.26%	84.2%	★★½
8	Abbotsford	BC	Abbotsford East	$852,596.00	21.93	67.17	99.5%	84.4%	66.9%	-0.86%	73.4%	★★½
9	Abbotsford	BC	Sumas Mountain	$852,596.00	40.87	54.78	134.2%	113.8%	90.2%	-2.45%	59.1%	★★½
10	Abbotsford	BC	Bradner	$852,596.00	27.93	45.25	198.9%	168.7%	133.7%	-11.97%	62.0%	★★★
11	Mission	BC	Mission BC	$670,567.58	17.52	55.39	100.7%	67.2%	53.3%	-7.05%	73.9%	★★½
12	Abbotsford	BC	Sumas Prairie	$852,596.00	42.52	41.94	140.2%	118.9%	94.3%	-17.25%	41.7%	★★½
13	Mission	BC	Hemlock	$670,567.58	10.81	70.51	89.5%	59.7%	47.3%	28.80%	122.2%	★★½
14	Mission	BC	Mission-West	$670,567.58	30.98	33.32	134.0%	89.4%	70.9%	-28.52%	45.4%	★★½
15	Mission	BC	Steelhead	$670,567.58	36.54	29.34	149.1%	99.5%	78.8%	-25.28%	58.5%	★★½
16	Mission	BC	Lake Errock	$670,567.58	6.51	46.65	79.2%	52.8%	41.9%	-9.66%	72.0%	★★½
17	Mission	BC	Hatzic	$670,567.58	9.50	22.79	87.1%	58.1%	46.1%	-20.05%	34.6%	★★½
18	Mission	BC	Dewdney Deroche	$670,567.58	3.07	22.13	56.3%	37.6%	29.8%	-27.30%	45.5%	★★½

Value: Measures how affordable the neighbourhood is compared to the surrounding area and the region overall
Momentum: Measures how quickly prices are appreciating in this neighbourhood, with an emphasis on long term appreciation

For more, please see our complete methodology

The top three neighbourhoods in Abbotsford and Mission are:

1. Central Abbotsford, Abbotsford

For the last few years, the population across Abbotsford has grown significantly. Many of these new residents are homeowners—people seeking to get into the property market, but at a more reasonable price than areas like the City of Vancouver, Burnaby and even in Langley have to offer.

For the second year in a row, Central Abbotsford took the top spot in this regional ranking—although, the average house price in this community actually dropped by about $10,000 from last year. Once again, the reason this community ranks so well is because of easy access to amenities that urban centres are known for: public transit, good medical care, retail and restaurants, as well as an ability to quickly move throughout the region and to commute to other municipal regions within the Lower Mainland.

In fact, there are two main public transit hubs: Bourquin Exchange Bay at Sevenoaks Mall, and Montrose Avenue in Historic Downtown Abbotsford. The exchanges provide access to the University of the Fraser Valley, and the Fraser Valley Express with links to nearby Langley in the west and Chilliwack in the east. There’s also a connector to the West Coast Express train in Mission.

Residents in Central Abbotsford enjoy the pedestrian-friendly neighbourhood, where it only takes a few minutes to walk to a local coffee shop, restaurant or grocery store.

Homes in this community are primarily single-detached houses, although there are some low-rise apartments (some older and some newer buildings). Main attractions in the area include Mill Lake Park and charming Historic Downtown Abbotsford.

Prior to the pandemic and market slowdown, homes typically sold within 24 days in Central Abbotsford.

Average Single-Family Home Price (2019): $673,197

2. Matsqui, Abbotsford

Matsqui is a rural agricultural community located at the northern end of Abbotsford. The community’s border follows the bank of the Fraser River and, in many areas, there are still large parcels of farmland that lend the community a feeling of wide-open space. Mixed in among the farmhouses are spacious lots, sprawling country estates, hobby farms, horse properties and, of course, single-family homes.

For residents of this historic area, living in farm country has its advantages. Life appears a bit slower and more relaxed in this community, and at virtually every turn there’s an opportunity to buy local, fresh produce, such as corn, green and red cabbage, pumpkins, squash and other vegetables. It’s a community that prides itself on its farm-to-table traditions, which includes roots in cattle farming.

Because roughly 95% of the land in Matsqui is zoned agricultural, there are only a few subdivisions where buyers can find conventional residential housing. While this makes for a less populated community, it’s attractive to some families who consider this to be ideal in creating a safe community.

Homes in Matsqui are typically more affordable than the rest of the Lower Mainland. More than one-third of the homes in Matsqui were built before 1960, and most are single-detached.

Prior to the pandemic and market slowdown, homes typically sold in less than a week in Matsqui, Abbotsford.

Average Single-Family Home Price (2019): $1,649,376

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3. Poplar, Abbotsford

Just south of Matsqui and north of Highway 1 (which runs through the centre of Abbotsford) is the community of Poplar.

This community offers residents the advantages of living in a big city, but with the serenity that’s associated with living in the country. For that reason, buyers can expect to find a mix of farmland, with quiet country roads, as well as residential subdivisions interspersed among light industrial and larger agricultural properties.

Another big draw is the neighbourhood’s proximity to the Abbotsford International Airport. This is the airport most (if not all) oil-field workers fly out of when going back and forth to Northern B.C. and Northern Alberta for work. That means any professional or family tied to the resource sector benefits from being very close to this regional airport.

Residents of Poplar’s west end enjoy spectacular views of large tracts of farmland, with Mount Baker and other distant mountain silhouettes in the backdrop. Those in the community expect that the eastern part of this community will experience the most redevelopment over the next decade or so. City planners have outlined ambitious plans for rezoning this area with a vision that includes residential growth, more amenities, new recreational and cultural venues, along with plenty of new commercial opportunities.

Prior to the pandemic and market slowdown, homes typically sold within 19 days in Poplar, Abbotsford.

Average Single-Family Home Price (2019): $821,356

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