Buyers currently have more choice in Chilliwack's multi-family market, with homes taking longer to sell. In the past 30 days, 2 multi-family properties sold across Chilliwack at an average sold price of $690,000. Multi-family properties are selling in an average of 55 days on the market. The absorption rate is 8% — meaning 8% of active multi-family inventory sells each month. Average multi-family prices in Chilliwack are down 2.2% compared to the 90-day average of $705,700. If you're considering buying a multi-family property in Chilliwack, you have more time to negotiate — though well-priced homes still attract attention.
