Chilliwack & District Real Estate Market Report - March 2026

Chilliwack & District (MLS® HPI) — March 2026

In March 2026, the composite benchmark price in the Chilliwack & District real estate market stands at $725,700, reflecting a year-over-year decrease of 3.1%. The market is currently characterized as balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Chilliwack & District real estate market is experiencing a balanced condition, with the composite benchmark price showing a slight increase from $724,500 in February 2026. Although total sales and active listings data are not available for this month, the year-over-year price decline suggests a cooling trend compared to March 2025, when the benchmark price was $749,100. This indicates that while prices are stabilizing, they are still lower than the previous year, which may influence buyer sentiment and market activity.

Property Type Analysis

In March 2026, the benchmark prices for various property types are as follows: detached homes at $891,200, attached/townhouses at $593,700, and apartments at $406,100. The significant price difference between detached homes and other property types highlights the premium buyers place on single-family residences, while the more affordable attached and apartment options may attract first-time buyers or those seeking lower-maintenance living.

Regional Highlights

The Chilliwack & District area continues to show resilience in its real estate market, despite the overall price decline. The balanced market condition suggests that supply and demand are relatively equal, providing opportunities for both buyers and sellers. Regional trends indicate that while the market is stabilizing, potential shifts in buyer preferences towards more affordable housing options may influence future listings and sales dynamics.

For Buyers

For prospective buyers, this is an opportune moment to enter the Chilliwack & District market, especially given the current benchmark prices. With a balanced market, buyers can negotiate more effectively and explore a range of property types that fit their budget and lifestyle needs.

For Sellers

Sellers should be mindful of the current market conditions and the year-over-year price decline. To attract potential buyers, it is advisable to price properties competitively and consider enhancing curb appeal or making minor renovations to stand out in a balanced market.