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 Bestand WorstInvestments?
Feb 1, 2020
Current: Chilliwack (+Yarrow, Rosedale, and Sardis) is in a Seller market with average listing inventories, 17 %SOLD rate, and the Sale Price/List Price=98%. (This means that there is an average of $20,000 discount on a sale from the original list price)Lesson
Most Active Range: Homes between $400,000 - $550,000 have 21.3 %SOLD rate. Least Active Range: Homes above $900,000 have10.3 %SOLD rate.
History: The Chilliwack Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $47,000. The Chilliwack Year-To-Date Home Price Index HPIp(Lower 50%) shows that prices increased $20,000. *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.
Forecast: Chilliwack has average Listing supply; 421 homes are for sale and with the17 %SOLDmonthly rate gives us a ~6 months of inventory. 13% of the Active Listings have reduced their price by $19,600 on average or $14,000 on median. We project Chilliwack Detached to be a continued Seller 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)
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.
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.
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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.