Courtesy of Ron Laser

Home sales trending below average in August but still more resilient compared to the spring

$410,500 apartment DOWN 6.7% year-to-year

$907,700 detached

UP 2.9% year-to-year

$621,600 townhouse DOWN 1.2% year-to-year

415 NEW LISTINGS 194 SOLD LISTINGS

BENCHMARK PRICES

7.0 MONTHS OF INVENTORY

46.7% SALES TO NEW LISTING RATIO

1,367 ACTIVE LISTINGS (residential inventory)

The benchmark price for single-family homes was $907,700, a modest gain of 2.9% on a year-over-year basis in August. By comparison, the benchmark price for townhouse/row units was $621,600, down modestly by 1.2% compared to a year earlier, while the benchmark apartment price was $410,500, a decrease of 6.7% from year-ago levels. There were 415 new residential listings in August 2025. Active residential listings numbered 1,367 units on the market at the end of August. Active listings haven’t been this high in the month of August in more than a decade. Months of inventory numbered 7 at the end of August 2025. Statistics reflect market activity in August 2025 | Source: Chilliwack and District Real Estate Board | Market values stated are of the benchmark of Chilliwack and surrounding region. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

Chilliwack, September, 2025 - The number of homes sold through the MLS ® System of the Chilliwack and District Real Estate Board totaled 194 units in August 2025. “Home sales in August were below their long-term averages, although looking through the seasonality sales have definitely picked up over the last three months,” said Emily Vernon, President of the Chilliwack and District Real Estate Board. “Demand was tepid to start the year and dragged heavily through the spring before coming back to life in June. We’ve still got a long way to go before we’re back at what might be considered normal for our market but at least things are getting back on track. Sellers appear to have cooled from earlier in the year, which has given demand a bit of room to catch up, while overall inventories are no longer steadily rising.”

The greatest compliment my clients can give me is the referral of family and friends!

C. 604-798-7915 | smartmove@ronlaser.com | www.RonLaser.com

Privacy Disclosure: We respect your privacy. The sponsor indicated on the front panel provides a complimentary subscription of this publication to you, a valued client. If at any time or for any reason you do not want to receive this publication, please contact the sponsor using any of the contact info on the front panel, and your personal information will be removed from the mailing list immediately. Without response to this cancellation offer, we assume your implied consent and permission to continue provision. Disclaimer: This publication is distributed for the purpose of information only. It is not intended to solicit buyers or sellers currently under contract by a real estate firm or under contract with another Broker or Mortgage Specialist, nor is it intended to cause or induce breach of any existing agreement. Distributed by: dmsmarketing.ca Copyright© 2025 All Rights Reserved / Printed on recyclable material. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by CREA and identify real estate professionals who are members of CREA.