Chilliwack & District Real Estate Board

The number of homes sold through the MLS® System of the Chilliwack and District Real Estate Board totaled 133 units in December 2025. This was a decline of 8.9% (13 sales) from December 2024.

Home sales were 13.6% below the five-year average and 23.7% below the 10-year average for the month of December.

On an annual basis, home sales totaled 2,318 units over the course of 2025. This was down sharply by 15.7% from 2024.

“Although sales activity rebounded midway through 2025 it never fully recovered from the tariff fallout in the first half of the year,” said Emily Vernon, President of the Chilliwack and District Real Estate Board. “The past year was characterized by slowing demand and new listings but rising inventories as our local housing market was treading water just above buyer’s territory. Heading into 2026 we’re looking at a subdued market with prices moving sideways as we await the next moves from buyers and sellers in an environment where interest rates are unlikely to move any lower.”

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $726,000 in December 2025, falling by 1% compared to December 2024.

The benchmark price for single-family homes was $887,400, a modest decline of 1.1% on a year-over-year basis in December. By comparison, the benchmark price for townhouse/row units was $599,500, down modestly by 3.7% compared to a year earlier, while the benchmark apartment price was $412,500, essentially unchanged, up just 0.7% from year-ago levels.

The average price of homes sold in December 2025 was $759,838, a minor decrease of 2.7% from December 2024.

The more comprehensive annual average price was $764,750, a slight reduction of 0.4% from all of 2024.

The dollar value of all home sales in December 2025 was $101.1 million, a substantial decline of 11.4% from the same month in 2024.

The number of new listings saw a modest decline of 3.7% (six listings) from December 2024. There were 156 new residential listings in December 2025.

New listings were 4.5% below the five-year average and 4.9% below the 10-year average for the month of December.

Active residential listings numbered 922 units on the market at the end of December, up by 14.8% from the end of December 2024. Active listings haven’t been this high in the month of December in more than a decade.

Active listings were 29.1% above the five-year average and 41.3% above the 10-year average for the month of December.

Months of inventory numbered 6.9 at the end of December 2025, up from the 5.5 months recorded at the end of December 2024 and above the long-run average of 4.3 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.