Chilliwack Real Estate Market Stats Aug, 2022
Single Family Home Stats - August 2022
*Click the link above to scroll through multiple page PDF's for various stats. The stats are based on single family resale homes only.
Median Sale Price dropped for the 5th time in a row from $900k in June to $870k in July. This is a 230k drop from February which then stood at 1100k. Total Inventory finally stopped growing and dipped slightly from 776 on June to 757 in July. New Listings are down from 348 in June to 261 in July. Unit Sales however still continuing on a steep decline dropping for 5th month in a row from 85 in June to 67 in July. Sales to Active Ratio dropped significantly again from 11% in June to 9% in July. This has been the lowest since May 2020. 12%-20% is considered a balanced market. Under 12% is a buyers market.
FOR MORE STATS, VISIT: Chilliwack Stats
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