Fairfield Island, Chilliwack House Market Report – February 2022

In February 2022, the Fairfield Island, Chilliwack house real estate market is classified as a Strong Seller's Market with an absorption rate of 28.3%. It is currently a strong seller's market in Fairfield Island, 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.

17 house properties sold in Fairfield Island, Chilliwack during February 2022 based on MLS® records. There were 60 active listings at the start of the month. A total of 39 new listings came to market during the month.

The average house sold price in Fairfield Island, Chilliwack in February 2022 was $1,219,036. Sold prices ranged from $911,000 to $1,470,000. Data is sourced from MLS® board records.

In February 2022, house properties in Fairfield Island, Chilliwack averaged 5 days on the market before selling. With an absorption rate of 28.3%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

The average house sold price in Fairfield Island, Chilliwack in February 2022 was $1,219,036, up 42.2% year-over-year compared to February 2021 ($857,131). Sales volume was down 19% compared to the same month last year. Data is sourced from MLS® sold records.