Chilliwack – (CADREB) – The number of homes sold through the MLS® System of the Chilliwack and District Real Estate Board totaled 377 units in May 2023. This was a substantial increase of 72.9% from May 2022.
Home sales were 30.4% above the five-year average and 10.9% above the 10-year average for the month of May.
“Sales activity is rebounding with a ferocity that has brought it back above average levels for the month of May, boosted by the long-awaited return of new listings,” said Brad Latham, President of the Chilliwack and District Real Estate Board.
The average price of homes sold in May 2023 was $811,397, decreasing by 1% from May 2022.
