Current:  Chilliwack (+Yarrow, Rosedale, and Sardis) is in a Seller market with average listing inventories, 44 %SOLD rate, and the Sale Price/List Price=100%.
                        (This means that there is an average of $1,000 discount on a sale from the original list price)Lesson

Most Active Range: Homes between $640,000 - $650,000 have 70.6 %SOLD rate.
Least Active Range: Homes above $1.15 mill. have 28.7 %SOLD rate.

History: The Chilliwack Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $460,999.
               The Chilliwack Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $296,064.
                 *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Chilliwack has average Listing supply; 222 homes are for sale and with the 44 %SOLD monthly rate gives us a ~2 months of inventory.  7% of the Active Listings have reduced their price by $51,006 on average or $30,500 on median. We project Chilliwack Detached to be a continued Seller market. 

Greater Vancouver October 2021:

The Vancouver Market Monthly Average Price increased $33,054 in October. This is the 2nd highest October price increase since 2015. Why such a strong Seller’s Market? Although the number of sales is near normal, we now have the lowest listing inventory since 2011. This lack of listings is partially due to the covid infections/lockdowns resulting in many sellers putting plans on hold. We are forecasting that the majority of the Metro Vancouver Markets will continue to be a Seller's Market in the coming months.

Currently, Condos continue to be in a Seller's Market with 67% of the Greater Vancouver (Lower Mainland) Condo Prices increasing $9,255 on average. On the other hand, 82% of the Townhouse Markets (23 out of 28) prices increased $15,199 on average. We analyze and provide 97 individual City's Home Price Indexes to supply you with the MOST ACCURATE Market Trends every Saturday. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighborhood.

Fraser Valley October 2021:

The Fraser Valley Home Market Monthly Average Prices jumped up $40,869 on average. This is the largest October price increase we have seen in 11years. Why such a strong Seller’s Market? We now have the lowest listing inventories since 2011, 50% lower than usual. This is partially due to the covid infections/lockdowns resulting in many sellers putting plans on hold.

Currently, Condos are now in a Seller's Market with 67% of the Greater Vancouver (Lower Mainland) Condo Prices increasing $9,255 on average. On the other hand, 82% Townhouse Markets (23 out of 28) prices increased $15,199 on average. We analyze and provide 97 individual City's Home Price Indexes to supply you with the MOST ACCURATE Market Trends every Saturday. Please contact us for your own Market Value Update with an in-depth Analysis and Forecast in your Local Market Area and more specifically - Your Neighborhood.

Since 1984 RE/MAX Agents have had an edge; their monthly RE/MAX Market Reports .. It has being my privilege to expand these reports into critical marketing tools. Thank You!  Bill Coughlin

My passion to help..... I seriously dream of new marketing tools to enable you make more money! 

OK the Advanced Market Reports are tooo complicated at first glance. These reports are now split  into

• the Quick Reports for easy review
• the Advanced reports that really needs a Stats Boot Camp lesson to fully comprehend
• Forecasting for the Stats addicts like me.

Announcing the Instant Home Price Evaluator.  In the year 2012, 82% of listings from Burnaby to Chilliwack DID NOT SELL,  or were Discounted on sale an Amazing 7.8%* from the original list price!  Help to price it right has arrived! 18 % homes were listed at a salable price and sold within 3.7%* .

Our Instant Home Price Evaluator  on the right side takes just seconds and has an accuracy before adjustment of ~3.7%* of the resulting sale price 31% of the time.   * (on average)    
do call us for your custom reports and Stats Lessons  Bill Coughlin 778-374-3744

Spring 2014 Market News

 STOP  61% of 's listings from EXPIRING!