Promontory, Chilliwack Townhouse Market Report – August 2020

Promontory is an active townhouse 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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11
Units Sold
$463,327
Avg Sold Price
28d
Avg Days on Market
Seller's Market
Market Condition
36 active at start of month 18 new listings Absorption rate: 30.6% Highest sold: $569,800 Lowest sold: $399,500

How Does August 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
August 2020 (this report) 11 $463,327 28d
July 2020 month prior 10 +10% $486,740 -4.8% 25d +12%

3-Year Price Trend — Promontory, Chilliwack Townhouse

The Promontory, Chilliwack townhouse real estate market was a Seller's Market in August 2020, with 36 active listings at the start of the month, 11 properties sold, an average sold price of $463,327, properties averaging 28 days on market, an absorption rate of 30.6%. 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 August 2020

In August 2020, the Promontory, Chilliwack townhouse real estate market is classified as a Seller's Market with an absorption rate of 30.6%. It is currently a seller's market in Promontory, Chilliwack. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   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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