Overview
The Chilliwack and District Real Estate Board (CADREB) represents a significant body of over 370 REALTORS® serving the diverse Fraser Valley communities of Chilliwack, Agassiz, Hope, Harrison Hot Springs, and surrounding rural districts. It facilitates real estate transactions across this large geographic area through its Multiple Listing Service® (MLS®), providing essential market data and professional standards for its members.
Residential activity within the CADREB region demonstrates distinct property segment dynamics. Single-family detached homes consistently command the highest benchmark prices, reflecting their desirability and position as a primary market driver. Townhomes and apartments offer more accessible entry points, typically at lower price tiers. Recent trends indicate a shift towards more balanced market conditions compared to periods of extreme seller advantage. This is reflected in an elevated level of available inventory relative to historical averages, translating into a higher months-of-supply figure. While overall benchmark prices have shown resilience, the market remains sensitive to broader economic factors influencing buyer confidence and seller expectations. The board provides critical resources and advocacy for its members navigating these evolving conditions.
Statistics
| Top types | # of listings |
|---|---|
| Single Family Residence | 694 |
| Apartment/Condo | 252 |
| Townhouse | 210 |
| 134 | |
| Manufactured Home | 54 |
| Half Duplex | 26 |
| Manufactured On Land | 15 |
| Recreational | 11 |
| Duplex | 5 |
| Row House (Non-Strata) | 4 |
| Major cities | # of listings |
|---|---|
| Chilliwack | 973 |
| Hope | 120 |
| Harrison Hot Springs | 69 |
| Agassiz | 59 |
| Rosedale | 39 |
| Cultus Lake | 35 |
| Sunshine Valley | 30 |
| Yarrow | 23 |
| Lindell Beach | 19 |
| Columbia Valley | 8 |