Promontory, Chilliwack Market Report – August 2021

In August 2021, the Promontory, Chilliwack real estate market is classified as a Strong Seller's Market with an absorption rate of 26.1%. It is currently a strong seller's market in Promontory, 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.

31 properties sold in Promontory, Chilliwack during August 2021 based on MLS® records. There were 119 active listings at the start of the month. A total of 37 new listings came to market during the month.

The average sold price in Promontory, Chilliwack in August 2021 was $814,477. Sold prices ranged from $549,900 to $1,380,000. Data is sourced from MLS® board records.

In August 2021, properties in Promontory, Chilliwack averaged 11 days on the market before selling. With an absorption rate of 26.1%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

Year-over-year comparison data is not available for Promontory, Chilliwack in August 2021. Browse the monthly archive to track price trends over multiple years for this area. Data is sourced from MLS® sold records.