Current:  Chilliwack (+Yarrow, Rosedale, and Sardis) is in a Stable Market with average listing inventories, 11 %SOLD rate, and the Sale Price/List Price=98%.
                        (This means that there is an average of $23,072 decrease on a sale from the original list price)Lesson

Most Active Range: Homes below $800,000 have  16.7 %SOLD rate.
Least Active Range: Homes above $1.6 mill have 4.5 %SOLD rate.

History: The Chilliwack Year-To-Date Home Price Index HPIp (Top 50%) shows that prices increased $50,000.
               The Chilliwack Year-To-Date Home Price Index HPIp (Lower 50%) shows that prices inccreased $10,828.
                 *The HPIp (Home Price Index) is an approximate reflection of the Average Home Price Changes.

Forecast: Chilliwack has average Listing supply; 603 homes are for sale and with the 11 %SOLD monthly rate gives us a ~9 months of inventory. 13% of the Active Listings have reduced their price by $39,491 on average or $30,000 on median. We project Chilliwack Detached to be a continued Stable  market.

Greater Vancouver September 2024:

The market for single-family homes in Greater Vancouver is steady this month because many Chinese buyers are coming in for the National Holiday and the Mooncake Festival. Right now, 62% of homes are experiencing small price increases, which is a big change from the $24,000 average drop we saw in the last few months. Looking ahead, we think most home buyers and investors will wait before jumping back into the market until interest rates go down more and prices drop. We expect that Metro Vancouver will still be a buyer's market until the early spring.

In September, average prices for condos fell by $3,452, while townhouses dropped by $5,908. We forecast that the condo and townhouse markets will continue to be in a buyer's market over the next few months.

To keep up with the latest market trends, tune in every Saturday at noon on VancouverMarketReports.com. We analyze which areas in the Lower Mainland are rising or falling. For a full update on market values, forecasts, and a detailed analysis of your neighborhood, reach out to Bill Coughlin and the Coughlin Team at 778-374-3744.

Fraser Valley September 2024:

The market for single-family homes in Fraser Valley is still favoring buyers. Currently, 67% of homes are seeing price decreases, with an average drop of $4,213 in September. This decline is better than the $25,000 average drop we saw in the past couple of months. Moving forward, we forecast most home buyers and investors will be holding off stepping back into the market as the wait for further cuts in interest rates and market drops. We expect the Fraser Valley area will remain a buyer's market until the early spring.

In September, average prices for condos fell by $3,894, while townhouses dropped by $4,569. We forecast that the condo and townhouse markets will continue to be in a buyer's market over the next few months.

To keep up with the latest market trends, tune in every Saturday at noon on VancouverMarketReports.com. We analyze which areas in the Lower Mainland are rising or falling. For a full update on market values, forecasts, and a detailed analysis of your neighborhood, reach out to Bill Coughlin and the Coughlin Team at 778-374-3744.

Since 1984 RE/MAX Agents have had an edge; their monthly RE/MAX Market Reports .. It has being my privilege to expand these reports into critical marketing tools. Thank You!  Bill Coughlin

My passion to help..... I seriously dream of new marketing tools to enable you make more money! 

OK the Advanced Market Reports are tooo complicated at first glance. These reports are now split  into

• the Quick Reports for easy review
• the Advanced reports that really needs a Stats Boot Camp lesson to fully comprehend
• Forecasting for the Stats addicts like me.

Announcing the Instant Home Price Evaluator.  In the year 2012, 82% of listings from Burnaby to Chilliwack DID NOT SELL,  or were Discounted on sale an Amazing 7.8%* from the original list price!  Help to price it right has arrived! 18 % homes were listed at a salable price and sold within 3.7%* .

Our Instant Home Price Evaluator  on the right side takes just seconds and has an accuracy before adjustment of ~3.7%* of the resulting sale price 31% of the time.   * (on average)    
do call us for your custom reports and Stats Lessons  Bill Coughlin 778-374-3744

Spring 2014 Market News

 STOP  61% of 's listings from EXPIRING!