Home sales activity in the Chilliwack region was unchanged from levels recorded a year earlier in the fourth quarter of 2011.

Residential sales in the fourth quarter numbered 409 units, up just one unit from the same period in 2010.

On an annual basis 2,025 residential properties traded hands during 2011, a decrease of just one per cent from 2010.

The number of months of inventory was down for single detached homes and apartment units but increased for townhouse and row units. Buyers of single detached homes and apartment units spent more time shopping than they had a year earlier, while buyers of townhouse and row units decreased their shopping time.

The median sale price for single detached homes was down two per cent from year-ago levels to $320,000 in the fourth quarter of 2011.

The median price for townhouse and row unit sales was virtually unchanged from a year earlier at $235,500, while the median sale price for apartment units moved down nine per cent from a year earlier to $139,200 in the fourth quarter.