The Chilliwack and surrounding area market continues to offer plenty of choice for buyers, with 1,205 active listings and 7 months of inventory. A total of 204 homes sold during the month, with properties taking an average of 38 days to sell.
The average detached home sold for $874,557, down 2.7% year-over-year. Townhouses averaged $562,580, down 8.2%, while condos averaged $431,315, up 9.9%.
With higher inventory and homes taking longer to sell, buyers have more negotiating power and time to weigh their options. For sellers, proper pricing, presentation and a strong marketing plan remain key to standing out in today’s market.
Call or text me at 604-812-1326! Happy to help answer any questions!