The Chilliwack Housing Market Trends

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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?

June 1, 2020

Current: Chilliwack (+Yarrow, Rosedale, and Sardis) is in a Stable market with average listing inventories, 14 %SOLD rate, and the Sale Price/List Price=98%.
(This means that there is an average of $10,000 discount on a sale from the original list price)Lesson

Most Active Range: Homes between $550,000 - $640,000 have 18.6 %SOLD rate.
Least Active Range: Homes above $900,000 have 7.5 %SOLD rate.

History: The Chilliwack Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $50,857.
The Chilliwack Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices increased $8,408.
*The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Chilliwack has average Listing supply; 446 homes are for sale and with the 14 %SOLD monthly rate gives us a ~7 months of inventory. 14% of the Active Listings have reduced their price by $22,901 on average or $20,000 on median. We project Chilliwack Detached to be a continued Stable market.

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)

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Chilliwack's Home Evaluator / ROI / Forecaster
Single Family Detached High End .. more than $640,000+

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?

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Calculate Your Home Value & Compare Your ROI to 130 Local & World Markets.

Bill Input Your Previous Home Purchase Details

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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.

Download the full Chilliwack.Marketupdatereport.PDF

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

Vancouver Westside Downtown-West End East Vancouver West Van North Van

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.

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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

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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.

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