Promontory, Chilliwack Market Report – August 2021

Q: How many homes sold in Promontory, Chilliwack in August 2021?

31 properties sold in Promontory, Chilliwack during August 2021 based on MLS® records. There were 193 active listings at the start of the month. A total of 37 new listings came to market during the month.

Q: What is the average home price in Promontory, Chilliwack?

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.

Q: How long are homes sitting on the market in Promontory, Chilliwack?

In August 2021, properties in Promontory, Chilliwack averaged 11 days on the market before selling. With an absorption rate of 16.1%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

Q: How has the Promontory, Chilliwack market changed compared to last year?

The average sold price in Promontory, Chilliwack in August 2021 was $814,477, up 26.6% year-over-year compared to August 2020 ($643,527). Sales volume was down 6.1% compared to the same month last year. Data is sourced from MLS® sold records.

Promontory is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Promontory based on MLS® data.

← July 2021 Next month →

Units Sold

$814,477

Avg Sold Price

11d

Avg Days on Market

Balanced Market

Market Condition

193 active at start of month 37 new listings Absorption rate: 16.1% Highest sold: $1,380,000 Lowest sold: $549,900

How Does August 2021 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
August 2021 (this report)	31	$814,477	11d
July 2021 month prior	24 +29.2%	$884,583 -7.9%	19d -42.1%
August 2020 year ago	33 -6.1%	$643,527 +26.6%	—

3-Year Price Trend — Promontory, Chilliwack

The Promontory, Chilliwack real estate market was a Balanced Market in August 2021, with 193 active listings at the start of the month, 31 properties sold, an average sold price of $814,477, properties averaging 11 days on market, an absorption rate of 16.1%. All data is sourced from MLS® sold records.

Recently Sold in Promontory, Chilliwack

4 bd • 4 ba • Townhouse

46906 Russell Road

Sold $670,000

4 bd • 4 ba • Townhouse

Active Listings in Promontory, Chilliwack

5756 Promontory Road

$829,900

4 bd • 4 ba • Townhouse

5700 Jinkerson Road

$849,900

2 bd • 3 ba • House

46360 Valleyview Road

$590,000

4 bd • 2 ba • Townhouse

5988 Lindeman Street

$1,300,000

7 bd • 7 ba • Townhouse

5260 Goldspring Place

$529,900

2 bd • 3 ba • Townhouse

5251 Markel Drive

$1,089,000

6 bd • 5 ba • House

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Promontory, Chilliwack specialist

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Related: Promontory, Chilliwack Archive → Live Market Stats → Chilliwack Reports → All BC Reports →

Frequently Asked Questions — Promontory, Chilliwack August 2021

Is it a good time to buy in Promontory, Chilliwack? −

In August 2021, the Promontory, Chilliwack real estate market is classified as a Balanced Market with an absorption rate of 16.1%. The market in Promontory, Chilliwack is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Promontory, Chilliwack in August 2021? +

What is the average home price in Promontory, Chilliwack? +

How long are homes sitting on the market in Promontory, Chilliwack? +

How has the Promontory, Chilliwack market changed compared to last year? +

Last Update: 06/12/2026 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.