Promontory, Chilliwack Townhouse Market Report – January 2021

In January 2021, the Promontory, Chilliwack townhouse real estate market is classified as a Strong Seller's Market with an absorption rate of 31.4%. 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.

11 townhouse properties sold in Promontory, Chilliwack during January 2021 based on MLS® records. There were 35 active listings at the start of the month. A total of 12 new listings came to market during the month.

The average townhouse sold price in Promontory, Chilliwack in January 2021 was $547,436. Sold prices ranged from $415,000 to $600,000. Data is sourced from MLS® board records.

In January 2021, townhouse properties in Promontory, Chilliwack averaged 10 days on the market before selling. With an absorption rate of 31.4%, the market is currently a Strong Seller's Market. A lower average days-on-market indicates stronger demand.

Year-over-year comparison data is not available for Promontory, Chilliwack in January 2021. Browse the monthly archive to track price trends over multiple years for this area. Data is sourced from MLS® sold records.