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New property listed in Chilliwack Proper West, Chilliwack

I have listed a new property at 51 45085 Wolfe Road in Chilliwack. See details here

GREAT COMPLEX, GREAT LOCATION! This two-storey w/bsmt townhome is 1901 sq. ft, has 3 bedrooms, a den, 3 bathrooms, plenty of room for the growing family. The bedrooms are all upstairs along with the laundry and two bathrooms. There is a 3-piece ensuite and walk in closet in the primary bedroom with mountain views to enjoy. The lower level has a large rec room with patio doors looking onto your private fenced backyard and patio. Very close proximity to schools, shopping, recreation and parks. Many updates were done in 2022, including flooring, paint, light fixtures, appliances, & barn door. The strata fees are $422.94/m, rentals & pets allowed with restrictions, 1 cat or 1 dog, no size restrictions, families welcome!

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New property listed in Chilliwack Proper West, Chilliwack

I have listed a new property at 51 45085 Wolfe Road in Chilliwack. See details here

GREAT COMPLEX, GREAT LOCATION! This two-storey w/bsmt is a 1901 sq. ft townhome has 3 bedrooms, 3 bathrooms. The bedrooms are all upstairs along with the laundry and two bathrooms. There is an ensuite and walk in closet in the primary bedroom with mountain views. The lower level has a large rec room with patio doors looking onto the covered patio and fenced yard. Very close proximity to schools, shopping, recreation and parks. Many updates were done in 2022, including flooring, paint, light fixtures, appliances, & barn door. The strata fees are $422.94/m, rentals & pets allowed with restrictions, 1 cat or 1 dog, no size restrictions, families welcome!

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Open House. Open House on Friday, April 18, 2025 1:00PM - 3:00PM

Please visit our Open House at 51 45085 Wolfe Road in Chilliwack. See details here

Open House on Friday, April 18, 2025 1:00PM - 3:00PM

GREAT COMPLEX, GREAT LOCATION! This two-storey w/bsmt is a 1901 sq. ft townhome has 3 bedrooms, 3 bathrooms. The bedrooms are all upstairs along with the laundry and two bathrooms. There is an ensuite and walk in closet in the primary bedroom with mountain views. The lower level has a large rec room with patio doors looking onto the covered patio and fenced yard. Very close proximity to schools, shopping, recreation and parks. Many updates were done in 2022, including flooring, paint, light fixtures, appliances, & barn door. The strata fees are $422.94/m, rentals & pets allowed with restrictions, 1 cat or 1 dog, no size restrictions, families welcome!

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Open House. Open House on Saturday, April 19, 2025 1:00PM - 3:00PM

Please visit our Open House at 51 45085 Wolfe Road in Chilliwack. See details here

Open House on Saturday, April 19, 2025 1:00PM - 3:00PM

GREAT COMPLEX, GREAT LOCATION! This two-storey w/bsmt is a 1901 sq. ft townhome has 3 bedrooms, 3 bathrooms. The bedrooms are all upstairs along with the laundry and two bathrooms. There is an ensuite and walk in closet in the primary bedroom with mountain views. The lower level has a large rec room with patio doors looking onto the covered patio and fenced yard. Very close proximity to schools, shopping, recreation and parks. Many updates were done in 2022, including flooring, paint, light fixtures, appliances, & barn door. The strata fees are $422.94/m, rentals & pets allowed with restrictions, 1 cat or 1 dog, no size restrictions, families welcome!

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Tariffs, economic uncertainty stall spring market in the Fraser Valley

 March home sales in the Fraser Valley remained nearly 50 per cent below the 10-year average — making for the slowest start to the spring market in more than 15 years. The Fraser Valley Real Estate Board recorded 1,036 sales in March, up 13 per cent from February, but still 26 per cent below sales recorded this time last year.

Following a decline on the Board’s Multiple Listing Service® (MLS®) in February, new listings increased 22 per cent in March to 3,800. Overall inventory is at a decade-high level, with 9,219 active listings, 49 per cent above March 2024 and 59 per cent above the 10-year seasonal average.

“If not for the economic uncertainty driven largely by U.S. tariffs, we’d likely be seeing a typical strong spring market in the Fraser Valley,” said Tore Jacobsen, Chair of the Fraser Valley Real Estate Board. “Instead, we’re seeing a disconnect as sellers remain hesitant to lower their prices beyond a certain threshold, while buyers, facing tighter financing conditions, are either unable or unwilling to meet it. The resulting inertia is keeping sales low.”

The overall sales-to-active listings ratio continues to signal a buyer’s market in the Fraser Valley, with a ratio of 11 per cent. The market is considered to be balanced when the ratio is between 12 per cent and 20 per cent.

“Currently, uncertainty is impacting all corners of the real estate and development sector,” said Baldev Gill, CEO of the Fraser Valley Real Estate Board, “and as a result, we are seeing markedly lower seasonal activity. As we navigate these challenges, your local REALTOR® — with firsthand market insight and access to the latest data — is a valuable resource to help guide you through the critical timing decisions for buying or selling.”

Across the Fraser Valley in March, the average number of days to sell a single-family detached home was 31, while for a condo it was slightly higher at 33 days. Townhomes took, on average, 27 days to sell.

The composite Benchmark price in the Fraser Valley increased just under half a per cent in March, up 0.4 per cent to $974,400.

MLS® HPI Benchmark Price Activity

Single Family Detached: At $1,505,500, the Benchmark price for an FVREB single-family detached home increased 0.4 per cent compared to February 2025 and decreased 1.2 per cent compared to March 2024.

  • Townhomes: At $833,700 the Benchmark price for an FVREB townhome increased 0.5 per cent compared to February 2025 and decreased 1.7 per cent compared to March 2024.

  • Apartments: At $540,900 the Benchmark price for an FVREB apartment/condo increased 0.5 per cent compared to February 2025 and decreased 2.6 per cent compared to March 2024.

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