Chilliwack Real Estate Market Report - May 2026
The latest real estate market report for Chilliwack, British Columbia. Average prices, listings data, and insights for buyers and sellers.
Chilliwack's Real Estate Market Sees Stability with 723 New Listings
The Chilliwack real estate market in May 2026 is characterized by a significant influx of new listings, matching the total active listings at 723. This suggests a balanced market without an overwhelming surplus or shortage of properties.
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Featured Listings:
- 42872 SOUTH SUMAS ROAD, Chilliwack BC V2R 4L7 - $5299000.00
- 10419 MCSWEEN ROAD, Chilliwack BC V2P 6H5 - $3890000.00
- 45240 SOUTH SUMAS ROAD, Chilliwack BC V2R 1W9 - $3500000.00
Price Breakdown by Property Type
| Property Type | Average Price | Median Price | Number of Listings |
|---|---|---|---|
| Houses | $823,178 | $734,900 | 44 |
| Condos | $823,178 | $734,900 | 19 |
| Townhouses | $823,178 | $734,900 | 18 |
What This Means for Buyers
With an average property price of $823,178 and a median of $734,900, buyers should evaluate their budget carefully. The market's price range from $84,900 to $5,299,000 provides opportunities across various budgets. Buyers should act swiftly, as the equal number of new and active listings indicates potential competition. Focus on properties that align with your financial capacity and be prepared to make competitive offers, particularly on houses where listings are more abundant.
What This Means for Sellers
Sellers in Chilliwack can take advantage of the stable market conditions, with 723 new listings matching the active inventory. This balance suggests that properly priced homes will attract attention. For houses, with 44 listings, positioning your property competitively in terms of pricing and condition is crucial. Sellers should highlight unique features to stand out in a market where buyers have ample choices. Consider pricing strategies that align with the median price of $734,900 to attract a broader range of buyers.
30-Second Takeaway
- Chilliwack's real estate market is balanced with 723 new and active listings.
- Average property price is $823,178, with a median of $734,900.
- Market range spans from $84,900 to $5,299,000, offering diverse options.
- Buyers should act quickly due to potential competition and align offers with their budget.
- Sellers should focus on competitive pricing and highlighting property features to attract buyers.
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