Chilliwack & District Market Report: March 2026 Shows Balanced Conditions with Minor Price Decline

Chilliwack & District (MLS® HPI) — March 2026

In March 2026, the Chilliwack & District real estate market reports a composite benchmark price of $725,700, reflecting a 3.1% decrease from March 2025. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Chilliwack & District real estate market continues to exhibit balanced conditions as of March 2026. The composite benchmark price of $725,700 marks a slight increase from February 2026, when it was $724,500, suggesting a stable pricing environment despite the year-over-year decline. The absence of total sales and active listings data for the current month limits a comprehensive analysis; however, the consistent benchmark prices indicate a steady demand amidst a potentially limited supply.

Property Type Analysis

When examining the property types, the benchmark price for detached homes stands at $891,200, while attached/townhouses are priced at $593,700 and apartments at $406,100. This price differentiation highlights the continued preference for detached homes, which typically command higher prices due to their larger size and land ownership, while townhouses and apartments remain more affordable options for first-time buyers and downsizers.

Regional Highlights

Regional trends indicate that the Chilliwack & District market is adapting to changing buyer preferences, with a noticeable interest in more affordable housing options. The slight decrease in the composite benchmark price year-over-year may reflect broader economic factors influencing buyer sentiment and purchasing power in the region.

For Buyers

Prospective buyers are encouraged to act decisively in the current balanced market. With a composite benchmark price that has shown stability, buyers should consider their long-term goals and be prepared to negotiate, especially with the variety of property types available.

For Sellers

Sellers should remain realistic about pricing in the current market environment. Given the slight year-over-year decline in benchmark prices, it is advisable to set competitive prices and ensure properties are well-presented to attract potential buyers.