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Current: Chilliwack (+Yarrow, Rosedale, and Sardis) is in a Stable Market with average listing inventories, 10 %SOLD rate, and the Sale Price/List Price=97%.
(This means that there is an average of $25,000 decrease on a sale from the original list price)Lesson
Most Active Range: Homes below $800,000 - $950,000 have 15.4 %SOLD rate.
Least Active Range: Homes between $1.2 mill - $1.35 mill. have 4.4 %SOLD rate.
History: The Chilliwack Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $28,000.
The Chilliwack Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices decreased $16,972.
*The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.
Forecast: Chilliwack has average Listing supply; 649 homes are for sale and with the 10 %SOLD monthly rate gives us a ~10 months of inventory. 21% of the Active Listings have reduced their price by $43,404 on average or $32,950 on median. We project Chilliwack Detached to be a continued Stable market.
Greater Vancouver July 2025:
In July, 62% of single-family homes dropped in value, with an average price dip of $10,078. Still, that’s an improvement from June, when prices fell even harder—by $17,208. With plenty of homes for sale and many buyers and sellers waiting for clearer trade news, Metro Vancouver is still a buyer’s market.
Condos had an even tougher month, with 78% losing value and an average price drop of $2,755. Townhomes values stayed the same at $12,434loss in July. With trade talks and tariffs still making headlines, condo and townhouse prices may stay flat or even fall further.
The good news? Right now is a strong time for buyers. Sellers, though, need a smart game plan to get top value.
Curious which markets are heating up—or cooling down? Visit VancouverMarketReports.com every Saturday at noon for fresh updates. 📞 Want expert advice or a free Home Market Analysis? Call Bill Coughlin and the Coughlin Team at 778-374-3744—we’ll help you make the right move.
Fraser Valley July 2025:
In July, 89% of single-family homes lost value, dropping prices by an average of $17,997. That’s a bigger decline compared to June, when prices fell by $4,025. With many homes still for sale and both buyers and sellers are waiting for clearer trade news, the Fraser Valley remains a buyer’s market.
Condos also struggled—83% dropped in value, with an average loss of $4,892. Townhomes saw an even steeper decline, shifting from a $4,819 drop in June to a $10,640 loss in July. With trade talks and tariffs still in the spotlight, condo and townhouse prices may stay flat or even fall further. Bottom line: Buyers continue to hold the advantage, while sellers need a solid strategy to succeed.
The takeaway? This is a great time for buyers to step in. Sellers, however, need a sharp strategy to secure the best deal.
Curious which areas are heating up—or cooling down? Visit VancouverMarketReports.com every Saturday at noon for the latest updates. 📞 Want expert advice or a free Home Market Analysis? Call Bill Coughlin and the Coughlin Team at 778-374-3744—we’ll help you make the right move.
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