Chilliwack Acreage Values

Here is a quick update on the current status of our Chilliwack Acreage market:

Median price - $996,000.  Chilliwack acreage prices have increased 15.8% year over year
Days on Market - 33 days.  Chilliwack acreages are selling in approximately 1 month, 8.3% faster year over year
New Listings - 223.  New listings are down 12.3% year over year
Total Inventory - 59.  A decrease of 29.8% year over year
Unit Sales - 135.  The number of Chilliwack acreages sold last month was down 9.4% year over year

I have included all parts of the Chilliwack Real Estate Board in preparing this information including:

• Agassiz
• Hope
• Chilliwack (Fairfield Island, Chilliwack Mounting, Little Mountain)
• Sardis
• Cultus Lake
• Columbia Valley
• Etc.

So, what does this mean to you?  Well, it depends.  Chilliwack acreage prices have been rising, new listings are down and inventory is down.  Based on these facts alone, I suggest we will continue to see upward pressure on prices.  The recent government policy changes and mortgage rule changes may begin to take effect so I'll be watching the market very closely.

If you have any questions about Chilliwack Acreage for sale, please feel free to contact me directly.

You can also browse all Chilliwack Acreage For sale at:  www.ChilliwackAcreage.ca

Here are the Chilliwack Acreage statistics: