Newsletter

We’re currently sitting at 1,026 active listings, with 115 homes sold last month. The average days on market is 51, and inventory has climbed to 8.9 months, which means buyers have more choice and less pressure compared to previous years.

Average prices by property type:

• Detached: $895,649 (⬆️ 7.3%)
• Townhomes: $575,875 (⬇️ 6.2%)
• Condos: $516,187 (⬆️ 24.3%)

Overall, we’re seeing a more balanced market. Detached homes are holding strong, condos are gaining momentum, while townhomes have softened slightly. This creates great opportunities depending on whether you’re buying, selling, or just keeping an eye on the market.

If you’re curious how these numbers apply to your specific neighbourhood or property, I’m always happy to break it down for you.

The Chilliwack and surrounding areas market has remained active this winter, with lots of new listings coming onto the market throughout January. Buyers currently have a wide selection of homes to choose from, and inventory levels remain strong with 972 properties listed.

This is definitely a buyer’s market at the moment, meaning there are great opportunities to secure a home at competitive prices. Sellers, on the other hand, need to price their homes strategically for quicker sales.

Buyers are actively submitting offers and completing their due diligence, making now an excellent time to take advantage of lower prices and favourable market conditions.

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!

Chilliwack and District has remained an active market even this Fall. Lots of new listings are still coming on the market so there is tons of inventory for buyers to choose from. Sellers need to price their homes keenly for quicker sales. It is definitely a buyers market at this time. There are currently 1,340 homes listed in Chilliwack and Surrounding areas. Buyers are putting in subjects and doing their due diligence. It is a great time to take advantage of the LOW prices!!

If you have any questions feel free to reply to this email or give me call/text at 604-812-1326. I would love to hear from you!

If you are thinking about getting into the market give me a call and we can chat further about your options!

Chilliwack and District has remained an active market even this Fall. Lots of new listings are still coming on the market so there is tons of inventory for buyers to choose from. Sellers need to price their homes keenly for quicker sales. It is definitely a buyers market at this time. There are currently 1,421 homes listed in Chilliwack and Surrounding areas. Buyers are putting in subjects and doing their due diligence. It is a great time to take advantage of the LOW prices!! The Bank of Canada is likely going to do another interest rate drop before the end of the year.

If you have any questions feel free to reply to this email or give me call/text at 604-812-1326. I would love to hear from you!

If you are thinking about getting into the market give me a call and we can chat further about your options!