Residential sales activity in the Chilliwack region rose in the fourth quarter of 2024 compared to the fourth quarter of 2023.
Residential property sales numbered 580 units in the fourth quarter of 2024, accelerating 21.3% compared to the same quarter in 2023.
Sales rose 28.3% for single detached homes, were up 35.4% for townhouse and row units, and were down 1.1% for apartment units compared to a year earlier in the fourth quarter.
Annually, residential property sales numbered 2,757 units in all of 2024. This was up 6.5% compared to the 2,589 units recorded in 2023.
| Summary – Sales by Housing Type | |||
|---|---|---|---|
| Category | Q4-2024 | Q4-2023 | Year-over-year % change |
| Single Detached | 308 | 240 | 28.3 |
| Townhouse/row | 134 | 99 | 35.4 |
| Apartment | 93 | 94 | -1.1 |
| Summary – Median Price by Housing Type | |||
|---|---|---|---|
| Category | Q4-2024 | Q4-2023 | Year-over-year % change |
| Single Detached | $900,000 | $914,588 | -1.6 |
| Townhouse/row | $645,000 | $615,900 | 4.7 |
| Apartment | $410,000 | $357,500 | 14.7 |
