New Chilliwack real estate listings rank the highest in 15 years as home prices rise again
CHILLIWACK — Home sales in the Chilliwack area dropped more than 14 per cent in January compared to the year prior while the number of homes listed last month in the greater Chilliwack region hit a 15-year high.
According to a statement from the Chilliwack and District Real Estate Board, the number of homes sold through the Multiple Listing System of CADREB amounted to 170 units in January 2025, a drop of 14.5 per cent from January 2024 and 20 per cent below the five-year average.
“While sales activity was down from the aberrantly strong January last year, demand nonetheless showed continued signs of building momentum and continuing a trend that began early in 2024,” said Steven Kelly, president of the Chilliwack and District Real Estate Board. “Benchmark home prices have been moving sideways over the past few years, but with interest rates not expected to move much further down was anticipate there may be a pickup this year. In other news, we welcome the recommendations of the B.C. Urban Mayors’ Caucus, including caucus co-chair Mayor Ken Popove, to the provincial government on areas of priority, one of which is affordable housing.”
The number of new listings saw an incredible jump of 42.2 per cent from January 2024. There were 502 new residential listings in January 2025, the largest number of new listings added in the month of January in more than 15 years.
