November Home sales report – Chilliwack

The number of homes sold via the MLS® System of the Chilliwack and District Real Estate Board came in slightly above year-ago levels in November 2011, but softened compared to levels in recent months.

Residential sales totalled 129 units in November, rising five per cent from the same month in 2010. Total sales numbered 139 units in November 2011, up four per cent from a year earlier. View homes for sale in Chilliwack

“Home sales came in above last year’s levels in November, but the trend in more recent months has definitely seen demand slow down a little bit,” said Mark Andersen, President of the Chilliwack & District Real Estate Board. “At the same time, the overall number of homes for sale on the market continues to climb, giving homebuyers a lot of choice. With that in mind, sellers should be sure to consult their REALTOR® on how to best price and present their home to attract purchase offers.”

The average price of all homes sold in November 2011 was $271,800, a decrease of nine per cent from the same month last year.

New residential listings numbered 282 units, up 14 per cent from a year earlier. There were 1,743 active residential listings on the Board’s MLS® System at the end of November, up 18 per cent from November 2010.

There were 12.1 months of inventory at the end of November 2011 on a seasonally adjusted basis, up from 10.9 months at the end of October. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

The combined dollar value of home sales in November 2011 totaled $35.1 million, down four per cent from the dollar volume reported in November 2010. The total value of all properties sold in November was $36.1 million, down 12 per cent on a year-over-year basis.

The Chilliwack and District Real Estate Board is an association of 283 REALTORS® that provides services to and sets standards for members. The Chilliwack and District Real Estate Board serves Chilliwack, Agassiz, Hope, Boston Bar and Harrison.

Source:  Chilliwack and District Real Estate Board

There are good selections of single family homes for sale in the Chilliwack area. With over 1,700 homes listed for sale in Chilliwack area, this may be the best time to buy your home in Chilliwack, especiallay when interest rates are at ultra low.

Note:  The sales pace for Chilliwack real estate and the supply of homes deteriorated resulting in excessive number of homes on the market. The off-take has not kept up with supply. More pricing pressure is evident from the report citing average home price has declined 9% from a year ago.

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Chilliwack and real estate around it

Chilliwackis located in the Upper Fraser Valley, 100 kilometres (60 mi) east of Vancouver on the Trans Canada Highway. The city is bounded on the north by the Fraser River, and on the south by the Canada-United States border. Chilliwack is surrounded by tall mountain peaks (such as the dramatic Mount Cheam and Slesse Mountain) and mighty rivers (the Fraser and Vedder).

Chilliwack‘s natural setting is magnificent and it is a challenge to curb the spread of housing subdivisions into valuable farmland. Chilliwack was once a small agricultural town, but in recent years the booming housing market in neighboring Abbotsford and Langley spilled exerted it’s influence on the real estate market here. View homes for sale in Chilliwack.

Chilliwack real estate

On average there are just under 200 single family homes for sale in Chilliwack. The Chilliwack real estate board which cover more populated areas like Hope, Sardis and many of the smaller areas has on average over 700 single family homes listed for sale at any one time.

The lower price range single family detached homes  can be bought at $250,000 which is about one-third the price of a similar homes in the lower mainland of Vancouver.

Multi-family dwellings in Chiliwack

Multi-family townhouses and condos in represent about one-third the total housing mix for homes for sale on the Chilliwack real estate board. There are around 200 townhouses listed for sale on the Chilliwack real estate board MLS system.  About the same number of condos and apartments is registered on the real estate board MLS system.

Over 85% of the condos are found in the Chilliwack proper, while only about 30% of the townhouses listed with the real estate board are in Chilliwack proper. The balance 70% of the townhouses are spread out across other areas.

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Chilliwack homes for sale

Team3000 Chilliwack website allows you to view homes for sale in Chilliwack easily and quickly. Team3000 Chilliwack website is specially designed to allow you to view Chilliwack homes listed for sale on the MLS. The website is arranged to show homes for sale by housing type, price and neighborhood for easy online browsing. Our website is updated daily automatically so you can come back often to check for new listings posted for sale on the MLS system. View Chilliwack homes for sale here.

Team3000 Chilliwack MLS search

You can easily navigate the Team3000 website and search  homes for sale info with a few clicks of the mouse. Other websites may take you more time to find the homes you are searching.

Most other websites are cumbersome to use as you have to select the area, enter the housing type, etc.  before you can find the info you need. You may not find the function whereby you can search homes for sale by neighbourhood.

Fraser Valley homes for sale

You can also use the left navigation bars to search homes for sale in the neighboring cities like Langley, Surrey or White Rock.  Our Team3000 main MLS portal allows you to view homes for sale in Greater Vancouver, Fraser Valley and Chilliwack – click on the blue balloon associated with the city you want to search. We hope you will find browsing the info on our website easy and convenient to find the info you need.

If you have any questions on our Team3000 Chilliwack website, kindly call us at 778-297-3000 or email us.

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Team3000 Chilliwack homes for sale

Team3000 Chilliwack website is a MLS listings search portal. The website is one of Team3000 MLS search portal specially designed to show Chilliwack homes listed for sale. This website is arranged homes by housing type, price and neighborhood for your easy online browsing. This Team3000 Chilliwack website is updated daily automatically. You may want to bookmark this website  so you can come back often to check for new listings for sale on the MLS system.

Chilliwack Team3000 MLS search

You can navigate the Team3000 Chilliwack website and view homes for sale info with a few clicks of your mouse. We re confident that after you use Team3000 website, you will find other mls websites too cumbersome to use. You can compare how easy or difficult to look for homes for sale info in the neighbourhood you want to search.

You will not have any problem using Team3000 website to find the info you need!

Chilliwack Team3000 website -  easy to use

You can try out the Chilliwack Team3000 website. You will be directed to the page with easy to use navigation tabs at the top of the website. You can also use the left navigation bars to hop to the neighboring cities like Abbotsford, Maple Ridge and Langley.

You can start your search using the Team3000 main MLS portal where all the cities in Greater Vancouver, Fraser Valley and Chilliwack as appear in the Google Map are just one click away. Try out surfing the Team3000 websites to look for real estate info from the comfort of your home.

If you have any questions on our Chilliwack Team3000 website, kindly call us at 778-297-3000 or email us.

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Open House – Chilliwack

The open house link posted below is provided by Team 3000 Chilliwack. You can view all Chilliwack public open houses each weekend using the link below. These Open Houses are provided by the Listing Realtors during the weekend to enable home buyers to check out.

Click on the link below for “Open House” info:

MLS® Homes for sale in Chilliwack

There are many more homes listed for sale that are not available for viewing by the public through “open house”. Most sellers and real estate agents prefer to show their homes by appointments only. You can view a list of homes for sale in Chilliwack using the link here.

When you are buying a home, there is no real estate commission payable by you for the service of the Team 3000 Realtor working with you. Should you require the help of a Team 3000 Realtor, you are welcome to contact us at 778-297-3000 or email us.

Our Realtors have access to the resources to help you with your real estate needs.  You can view all Chilliwack homes listed for sale using the Team 3000 Chilliwack website here.

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