Chilliwack Real Estate Market Report
Executive Summary
Eyal PevznerLocal expert · ChilliwackThe Chilliwack, British Columbia real estate market is currently classified as a balanced market. The MLS® composite benchmark price is $720K.
There are currently 1,039 active listings, representing 7.7 months of inventory. According to Chilliwack (BCREA), there were 181 sales in July 2026. Inventory has increased 34.1% compared to last month.
Currently, the average price per square foot is $390.
Board Data vs Our Listings
| Metric | Chilliwack (BCREA) | Our Listings |
|---|---|---|
| Benchmark / Median Price | $720K | $730K |
| Average Price | $768K | $956K |
| Active Listings | 1,400 | 1,039 |
Detached properties make up the largest share of the Chilliwack market at 53% of active listings with an average price of $1.1M. Condo listings follow at 47% (avg $558K).
Sales Activity & Absorption
Volume
Market Signals
Chilliwack (BCREA) reported 181 sales this period, 263 new listings appeared in the past month.
Market Balance
Months of Inventory
Moderate absorption — healthy turnover.
With 7.7 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Sardis South | 136 | $878K |
| Chilliwack Proper East | 130 | $710K |
| Chilliwack Proper South | 112 | $830K |
| Chilliwack Proper West | 101 | $557K |
| Promontory | 96 | $1.1M |
| Eastern Hillsides | 81 | $1.4M |
| Garrison Crossing | 60 | $604K |
| Sardis West Vedder | 59 | $792K |
| Chilliwack Mountain | 43 | $1.6M |
| Sardis East Vedder | 38 | $877K |
| Vedder Crossing | 38 | $607K |
| Chilliwack Downtown | 37 | $1.1M |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Chilliwack market currently has 1,039 active listings with a median price of $730K and 7.7 months of inventory.
According to Chilliwack (BCREA), the composite benchmark price is $720K. There were 181 sales recorded, with a sales-to-active listings ratio of 12.9%. This indicates a balanced market with moderate competition.
- High inventory (7.7 months) favors buyers
- Low price reduction rate (0% of listings)
- Average price per square foot is $390
Data sourced from CREA DDF® active listings. Metrics computed from listing data updated daily, with benchmark and sales statistics from Chilliwack (BCREA). Prepared by Eyal Pevzner with AI assistance, reviewed by our team.
Monthly Reports Archive
Market data is calculated from active and recently sold MLS® listings as of August 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.