The Chilliwack and surrounding areas market has remained active this Spring, with a steady flow of new listings throughout March and April. Inventory levels are strong, with 1,231 properties currently on the market, giving buyers a wide selection of homes to choose from.
With 7.2 months of inventory and homes averaging 41 days on market, conditions are leaning toward a buyer’s market. This means buyers have more time, more choice, and greater negotiating power. We are seeing some softening in prices in certain segments—particularly townhomes—while condos have shown some upward movement, and detached homes have remained relatively stable overall.
Buyers are actively submitting offers and completing their due diligence, making this a great opportunity to secure a home at a competitive price. For sellers, strategic pricing and strong presentation are key to achieving a timely sale in today’s market.
If you’re curious about your options—whether buying or selling—I’d be happy to chat. Feel free to reply to this email, or call/text me at 604-812-1326. Let’s explore the possibilities for you in today’s market!