Promontory, Chilliwack Market Report – January 2022

Q: How many homes sold in Promontory, Chilliwack in January 2022?

21 properties sold in Promontory, Chilliwack during January 2022 based on MLS® records. There were 206 active listings at the start of the month. A total of 25 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 January 2022 was $952,205. Sold prices ranged from $625,000 to $1,438,000. Data is sourced from MLS® board records.

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

In January 2022, properties in Promontory, Chilliwack averaged 13 days on the market before selling. With an absorption rate of 10.2%, the market is currently a Buyer's 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 January 2022 was $952,205, up 18.6% year-over-year compared to January 2021 ($803,150). Sales volume was down 50% 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.

← December 2021 Next month →

Units Sold

$952,205

Avg Sold Price

13d

Avg Days on Market

Buyer's Market

Market Condition

206 active at start of month 25 new listings Absorption rate: 10.2% Highest sold: $1,438,000 Lowest sold: $625,000

How Does January 2022 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
January 2022 (this report)	21	$952,205	13d
December 2021 month prior	13 +61.5%	$1,069,207 -10.9%	14d -7.1%
January 2021 year ago	42 -50%	$803,150 +18.6%	—

3-Year Price Trend — Promontory, Chilliwack

The Promontory, Chilliwack real estate market was a Buyer's Market in January 2022, with 206 active listings at the start of the month, 21 properties sold, an average sold price of $952,205, properties averaging 13 days on market, an absorption rate of 10.2%. 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

5 bd • 4 ba • Townhouse

46360 Valleyview Road

$590,000

4 bd • 2 ba • Townhouse

5988 Lindeman Street

$1,300,000

7 bd • 7 ba • Townhouse

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 January 2022

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

In January 2022, the Promontory, Chilliwack real estate market is classified as a Buyer's Market with an absorption rate of 10.2%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Promontory, Chilliwack in January 2022? +

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: 06/13/2026 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.