Saturday, March 14, 2009

Market Report for Chilliwack, BC, Canada

Here is the Chilliwack Real Estate Market Report.
Here is a general market report with Statistics from our Board in Chilliwack BC. We are a city with a population of approximately 85,000 people and we are located within 1.5 hours from the City center of Vancouver, BC. We are fantastic community with lakes and mountains and fishing rivers all around us. We have all of the amenities that you need and we are soon to be a University town. We have a WHL hockey team called the Chilliwack Bruins. In the month of January 2009 we totalled 71 total residential sale down 45% from the previous year and about 50% of the total dollar volume. However we saw a slight upturn for the month of February because it seemed that everyone was waiting for the announcment of the Obama administration to happen at the end of January before doing anything. In February our residential sales rose to 125 which is about 43% lower than the previous year and again about 50% of the dollar volume. Already we are experiencing more activity in March and I think that we will see another upturn and get closer to the numbers. The phone is ringing and the attitude of the Buyer is transforming a little to more of a sense of urgency. We actually had a multiple offer situation the other day on one of our listings and got our client $3200 over list price! So that is exciting. To learn more about our community and about our team go to

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