Promontory, Chilliwack Market Report – July 2020

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.

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33
Units Sold
$719,851
Avg Sold Price
24d
Avg Days on Market
Strong Seller's Market
Market Condition
104 active at start of month 64 new listings Absorption rate: 31.7% Highest sold: $1,724,000 Lowest sold: $403,000

How Does July 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
July 2020 (this report) 33 $719,851 24d
June 2020 month prior 29 +13.8% $615,198 +17% 32d -25%

3-Year Price Trend — Promontory, Chilliwack

The Promontory, Chilliwack real estate market was a Strong Seller's Market in July 2020, with 104 active listings at the start of the month, 33 properties sold, an average sold price of $719,851, properties averaging 24 days on market, an absorption rate of 31.7%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Promontory, Chilliwack specialist
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Frequently Asked Questions — Promontory, Chilliwack July 2020

In July 2020, the Promontory, Chilliwack real estate market is classified as a Strong Seller's Market with an absorption rate of 31.7%. 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.

Last Update: 06/04/2026   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.

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