Chilliwack Downtown, Chilliwack Market Report – August 2022

Chilliwack Downtown is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Chilliwack Downtown based on MLS® data.

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5
Units Sold
$406,780
Avg Sold Price
73d
Avg Days on Market
Buyer's Market
Market Condition
42 active at start of month 6 new listings Absorption rate: 11.9% Highest sold: $800,000 Lowest sold: $196,000

How Does August 2022 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2022 (this report) 5 $406,780 73d
July 2022 month prior 4 +25% $337,619 +20.5% 26d +180.8%

3-Year Price Trend — Chilliwack Downtown, Chilliwack

The Chilliwack Downtown, Chilliwack real estate market was a Buyer's Market in August 2022, with 42 active listings at the start of the month, 5 properties sold, an average sold price of $406,780, properties averaging 73 days on market, an absorption rate of 11.9%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Chilliwack Downtown, Chilliwack specialist
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Frequently Asked Questions — Chilliwack Downtown, Chilliwack August 2022

In August 2022, the Chilliwack Downtown, Chilliwack real estate market is classified as a Buyer's Market with an absorption rate of 11.9%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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