The Chilliwack Housing Market Trends

 


  Chilliwack Real Estate Market Reports and Forecasts 
Previous Reports 

Chilliwack (+ Rosedale, Yarrow and Sardis) Market Update  (Detached)

Promontory, Chilliwack E Young-Yale, Sardis E Vedder Rd, Sardis W Vedder Rd, Eastern Hillsides and all the sub-areas of Chilliwack (+ Sardis and Yarrow) Real Estate Market Update Report.

      What are Chilliwack's Best and Worst Investments?


Archive Peak to Date Changes

May 1, 2024

gas gauge

Current:  Chilliwack (+Yarrow, Rosedale, and Sardis) is in a Seller's Market with average listing inventories, 18 %SOLD rate, and the Sale Price/List Price=98%.
                        (This means that there is an average of $18,450 decrease on a sale from the original list price)Lesson

Most Active Range: Homes between $950,000-$1,075,000 have  25.2 %SOLD rate.
Least Active Range: Homes above $1.6 mill have 5.8 %SOLD rate.

History: The Chilliwack Year-To-Date Home Price Index HPIp (Top 50%) shows that prices decreased $114,598.
               The Chilliwack Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $62,424.
                 *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Chilliwack has average Listing supply; 560 homes are for sale and with the 18 %SOLD monthly rate gives us a ~6 months of inventory. 24% of the Active Listings have reduced their price by $41,272 on average or $29,848 on median. We project Chilliwack Detached to be a continued Seller's  market.

Greater Vancouver April 2024:

Single-family detached home costs have increased on average by $11,953, slightly less than the $18,256 average rise observed in March. Although fixed mortgage rates have dropped significantly, it seems that buyer confidence is dependent on the Bank's policy rate falling as well, which could entice some buyers to enter the market. We forecast that the seller-friendly real estate market will switch to a buyers within the month.

In Vancouver, the average cost of 78% of condominiums has declined by $536. However, townhouses are selling for an average of $2,505 presently as opposed to $10,973. We forecast the sellers' market to end within the next month.

For the most accurate and up-to-date market trends, join us every Saturday at noon on VancouverMarketReports.com, where we analyze the winners and losers in each Lower Mainland city. For a comprehensive market value update, including forecasts and a thorough analysis of your neighborhood and local market area, please don't hesitate to contact Bill Coughlin and the Coughlin Team at 778-374-3744.

 

Fraser Valley April 2024:

Single-family detached home costs have increased on average by $4,367, slightly less than the $13,015 average rise observed in March. Although fixed mortgage rates have dropped significantly, it seems that buyer confidence is dependent on the Bank's policy rate falling as well, which could entice some buyers to enter the market. We forecast that the seller-friendly real estate market will switch to a buyers within the month.

In Fraser Valley, the average cost of 75% of condominiums has gone up by $3,141. However, townhouses are selling for an average of $7,202 presently as opposed to $9,716. We forecast the sellers' market to end within the next month.

For the most accurate and up-to-date market trends, join us every Saturday at noon on VancouverMarketReports.com, where we analyze the winners and losers in each Lower Mainland city. For a comprehensive market value update, including forecasts and a thorough analysis of your neighborhood and local market area, please don't hesitate to contact Bill Coughlin and the Coughlin Team at 778-374-3744.

 

   

   Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

 

   We invite you to analyze your home value/investment in 30+ market areas by inputting your previous purchase price and date in the Evaluator below! See "Evaluator / Forecaster" movie for directions. To see your homes monthly price changes from now on, just email your report to yourself. (3 bars link to email function)

 

Vancouver real estate investments

             

 


   Chilliwack's Home Evaluator / ROI / Forecaster
Single Family Detached High End .. more than $900,000      

What Is Your Home Value, Profit; Return On Investment?
              你的房屋价值 ,利润, 投资收益率知多少?


No Flash? Use our Mobile Friendly Link

 

 

 

 

 

Date Value

                                                    计算你的房产价值;     与130的本地和全球市场比较你的投资利润
Calculate Your Home Value & Compare Your ROI to 130 Local & World Markets. 
           

 
 
 
 
cx
 

We thank Bill Coughlin for his support of these Chilliwack (+ Sardis and Yarrow) Real Estate Market Updates which include sub-areas such as Sardis E Vedder Rd, Sardis W Vedder Rd,Promontory, Chilliwack E Young-Yale, Eastern Hillsides etc. Contact Bill as the Local Expert..... more details.

Sardis W Vedder Rd, Promontory, Chilliwack E Young-Yale, Eastern Hillsides, Sardis E Vedder Rd etc.

Sardis W Vedder Rd, Promontory, Chilliwack E Young-Yale, Eastern Hillsides, Sardis E Vedder Rd etc.

Sardis W Vedder Rd, Promontory, Chilliwack E Young-Yale, Eastern Hillsides, Sardis E Vedder Rd etc.

Sardis W Vedder Rd, Promontory, Chilliwack E Young-Yale, Eastern Hillsides, Sardis E Vedder Rd etc.

Download the full Chilliwack.Marketupdatereport.PDF

Chilliwack E Young-Yale, Eastern Hillsides, Sardis E Vedder Rd, Sardis W Vedder Rd, Promontory and all the sub areas of Chilliwack detailed stats

Chilliwack E Young-Yale, Eastern Hillsides, Sardis E Vedder Rd, Sardis W Vedder Rd, Promontory and all the sub areas of Chilliwack detailed stats

Chilliwack E Young-Yale, Eastern Hillsides, Sardis E Vedder Rd, Sardis W Vedder Rd, Promontory and all the sub areas of Chilliwack detailed stats

Chilliwack E Young-Yale, Eastern Hillsides, Sardis E Vedder Rd, Sardis W Vedder Rd, Promontory and all the sub areas of Chilliwack detailed stats

This Chilliwack Real Estate Market update includes the sub areas Chilliwack E Young-Yale, Eastern Hillsides, Sardis E Vedder Rd, Sardis W Vedder Rd, Promontory etc.

Click Image to compare previous STR/ MTI graphs            Trying to do the math? Lessons:  STR   MTI 

Ladner, South Delta, Real Estate Market Update Report

 

Disclaimer: Market predictions are exactly that: predictions. Market conditions are changing daily and you should consult with your local expert to confirm facts before making any decisions.

  Registration for Monthly and Bi-Monthly Market Reports

  Vancouver and FV Market Reports and Forecasts

 

  Developers, Investors, Realtors or Financial Advisers.

  • Now you can be informed of the market changes as they happen.
    • Now you can receive bi-monthly updates.=
       
  • Each month we analyze the Real Estate Supply and Demand for 22 cities in the lower mainland: Vancouver to Chilliwack and we make the forecasts for the following month or more.

   Membership   Free,                 (Sponsored Realtors  Click here )

This is a free service to over 5 million viewers today!!! (

Request


*Full Name:
          
*Company:
          
*Email:
          
*City:
          

This is the most accurate  %SOLD-Monthly Sell Through Rates (STR Graph)  using a 4 week time period to analysis the housing prices and Market trends. This Market Report is derived from the exact Sat to Friday 4 week time periods and this is dramatically more accurate than the month to month comparisons that vary based on actual working days eg month, weekends. These trends enable Real Estate Market predictions and forecast outlooks.

Chilliwack Sardis Yarrow Market Update Report STR

Hot New Listings

Mayor Sharon Gaetz Interview

Chilliwack development  and business tax incentives is one of the lowest in the lower mainland and helps increase local employment and stabilize the Real Estate Market.

 

 Vancouver.real.estate.investments #温哥华房地产投资
 Real Estate
Market Reports

Index

  Members Login
DiscountOverlist Stats

Adian's Blog: news on Baby Boomers retirement issues  Click here

 

Vancouver.real.estate.investments #温哥华房地产投资

Bill Coughlin
EXP Realty

For Real Estate in Abbotsford, Mission, Langley, Surrey and Chilliwack

call me
1-778-374-3744

[email protected]

  

Active Listings                    Sold Listings             List Your Home Here Market News

48744 Elkview   

25369 Dewdney Trunk 2171 128 St  2855 156 St 43100 Frost Rd 15256 94 Ave 12341 212 St 5341 256 35225 Dale Rd 2460 Lindale St

201 CNR ROW
Ashcroft

  20924 Hunter Pl 65574 Dogwood Dr 9049 Manzer St 26220 126 Ave 31585 Clearview Cres 33320 Tree Top Terrace Stave Lake 4791 256 St Hayward Lake Estates 43250 Old Orchard 8415 Cessna Dr 12128 256 St 21417 16 Ave   

Bill Coughlin
"Realtor and Lifestyle Consultant"

1-778-374-3744 cell
1-888-539-4664
Toll free

[email protected]
CoughlinTeam.com  

EXP Realty
Serving the Greater Vancouver Cities 

 

 

Number of visits on this page: 17,154. Number of visits on this site: 12,415,288.