Chilliwack River Valley, Chilliwack Market Report – August 2020

Chilliwack River Valley 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 River Valley based on MLS® data.

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3
Units Sold
$754,625
Avg Sold Price
10d
Avg Days on Market
Strong Seller's Market
Market Condition
5 active at start of month 5 new listings Absorption rate: 60% Highest sold: $1,100,000 Lowest sold: $550,000

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 3 $754,625 10d
July 2020 month prior 5 -40% $660,950 +14.2% 54d -81.5%

3-Year Price Trend — Chilliwack River Valley, Chilliwack

The Chilliwack River Valley, Chilliwack real estate market was a Strong Seller's Market in August 2020, with 5 active listings at the start of the month, 3 properties sold, an average sold price of $754,625, properties averaging 10 days on market, an absorption rate of 60%. 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 River Valley, Chilliwack specialist
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Frequently Asked Questions — Chilliwack River Valley, Chilliwack August 2020

In August 2020, the Chilliwack River Valley, Chilliwack real estate market is classified as a Strong Seller's Market with an absorption rate of 60%. It is currently a strong seller's market in Chilliwack River Valley, Chilliwack, meaning high demand and low supply. Buyers face competition and should be prepared to act quickly. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/04/2026   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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