New Construction Home Developments Mission BC

Mission City Guide

District of Mission is the 6th largest district in British Columbia with an area of 170 square kilometers and a population close to 38,000. Being known as a rural farming community, Mission is rich in lakes and surrounded by mountains, forests, and floodplains.

Mission is situated about 70 kilometers east of Vancouver. Mission has Fraser River in the south, close to Mount Robie Reid in the north, Maple Ridge city on the west, and reaches east to Chilliwack’s western border. West Coast Express train transports commuters to downtown Vancouver.

US border is just a 15-minute drive from Mission. The climate is warm in the summer and mild and wet in the winter. Mission enjoys many hillsides and gullies which imparts spectacular views and a sense of permanence.

Mission is home to 8 unique neighbourhoods. The neighbouring cities to Mission are Abbotsford, Maple Ridge, and Langley.

Mission Real Estate Market

The average detached house prices are around $770,000 and steadily rise over the years. In comparison, ten years back, the average price of homes in Mission was only $400,000. The property prices kept rising to what they are today. These prices are still very affordable and lower as compared to close by cities in the lower mainland like Abbotsford, Coquitlam, and Langley. For those who want to find a new affordable home in Mission, there are spacious condos selling for around $350,000, and townhomes around $500,000 depending on the area. Durieu is the most expensive neighbourhood and Dewdney Deroche is the most affordable neighbourhood in Mission.

There are a few new construction home developments that are going on in Mission. These developments include Foster Martin, Fantom, Miramar Village, and Altus. Most of them are condo developments by big real estate developers & builders like Landmark Premiere Properties, Forge Properties Inc, Marcon, and Bosa Properties.

Mission Housing Market Stats

Listings Nearby provides you Mission housing market stats, and how it has changed over the year. This will help you further in your research.
According to MLS® Summary – Fraser Valley Real Estate Board (September 2020),

• The sale of single-family homes in September 2020 was 85 which was 11.8% more than 76 sales in August 2020, and 112.5% more than 40 sales in September 2019. The median price was 3.0% more than in August 2020 and 10.5% more than in September 2019.
• The sale of townhomes in September 2020 was 9 which was 25.0% less than 12 sales in August 2020, and 125% more than 4 sales in September 2019. The median price was the same as in August 2020 and 2.7% more than in September 2019.
• The sale of condos/apartments in September 2020 was 10 which was 233.0% more than 3 sales in August 2020, and 400.0% more than 2 sales in September 2019. The median price was 3.6% more than in August 2020 and 52.0% more than in September 2019.

If you’re looking to buy a new home in the Mission, contact us and we will connect you to the right person who can provide you the detailed information on the development(s) you’re interested in and help you in deciding & buying your dream home.