Chilliwack House Market Report – January 2022

In January 2022, the Chilliwack house real estate market is classified as a Balanced Market with an absorption rate of 12.5%. The market in Chilliwack is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

140 house properties sold in Chilliwack during January 2022 based on MLS® records. There were 1,119 active listings at the start of the month. A total of 188 new listings came to market during the month.

The average house sold price in Chilliwack in January 2022 was $1,162,639. Sold prices ranged from $387,222 to $2,800,000. Data is sourced from MLS® board records.

In January 2022, house properties in Chilliwack averaged 28 days on the market before selling. With an absorption rate of 12.5%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average house sold price in Chilliwack in January 2022 was $1,162,639, up 39.5% year-over-year compared to January 2021 ($833,609). Sales volume was down 25.5% compared to the same month last year. Data is sourced from MLS® sold records.