Fairfield Island, Chilliwack House Market Report – October 2021

In October 2021, the Fairfield Island, Chilliwack house real estate market is classified as a Strong Seller's Market with an absorption rate of 25.9%. 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.

15 house properties sold in Fairfield Island, Chilliwack during October 2021 based on MLS® records. There were 58 active listings at the start of the month. A total of 12 new listings came to market during the month.

The average house sold price in Fairfield Island, Chilliwack in October 2021 was $1,068,360. Sold prices ranged from $840,000 to $1,962,500. Data is sourced from MLS® board records.

In October 2021, house properties in Fairfield Island, Chilliwack averaged 8 days on the market before selling. With an absorption rate of 25.9%, 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 October 2021 was $1,068,360, up 48% year-over-year compared to October 2020 ($721,930). Sales volume was up 36.4% compared to the same month last year. Data is sourced from MLS® sold records.