Promontory, Chilliwack Market Report – May 2024

Q: How many homes sold in Promontory, Chilliwack in May 2024?

21 properties sold in Promontory, Chilliwack during May 2024 based on MLS® records. There were 665 active listings at the start of the month. A total of 70 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 May 2024 was $933,090. Sold prices ranged from $605,000 to $1,150,000. Data is sourced from MLS® board records.

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

In May 2024, properties in Promontory, Chilliwack averaged 19 days on the market before selling. With an absorption rate of 3.2%, 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 May 2024 was $933,090, up 4.4% year-over-year compared to May 2023 ($894,000). Sales volume was up 600% 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.

← April 2024 Next month →

Units Sold

$933,090

Avg Sold Price

19d

Avg Days on Market

Buyer's Market

Market Condition

665 active at start of month 70 new listings Absorption rate: 3.2% Highest sold: $1,150,000 Lowest sold: $605,000

How Does May 2024 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2024 (this report)	21	$933,090	19d
April 2024 month prior	28 -25%	$891,389 +4.7%	13d +46.2%
May 2023 year ago	3 +600%	$894,000 +4.4%	—

3-Year Price Trend — Promontory, Chilliwack

The Promontory, Chilliwack real estate market was a Buyer's Market in May 2024, with 665 active listings at the start of the month, 21 properties sold, an average sold price of $933,090, properties averaging 19 days on market, an absorption rate of 3.2%. All data is sourced from MLS® sold records.

Recently Sold in Promontory, Chilliwack

46906 Russell Road

Sold $670,000

4 bd • 4 ba • Townhouse

3 bd • 3 ba • Townhouse

6026 Lindeman Street

Sold $620,000

3 bd • 4 ba • Townhouse

46360 Valleyview Road

Sold $560,000

3 bd • 3 ba • Townhouse

Active Listings in Promontory, Chilliwack

47315 Sylvan Drive

$608,000

3 bd • 3 ba • Townhouse

46791 Hudson Road

$664,900

3 bd • 3 ba • Townhouse

46360 Valleyview Road

$619,000

3 bd • 3 ba • Townhouse

46379 Uplands Road

$1,259,900

4 bd • 4 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 May 2024

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

In May 2024, the Promontory, Chilliwack real estate market is classified as a Buyer's Market with an absorption rate of 3.2%. 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 May 2024? +

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: 06/04/2026 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.