HonestDoor

    Chilliwack Mountain, Chilliwack - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Chilliwack, Chilliwack Mountain

    Chilliwack Mountain Is Holding Its Ground - Here Is What Your Home Is Actually Worth Right Now

    If you live on Chilliwack Mountain and your last gut-check on your home's value was the city's tax assessment notice, you are probably leaving money on the table. Here is the real picture, straight from the numbers.

    The Vibe: What Is Happening Up Here Right Now

    Chilliwack Mountain is one of the pricier addresses in the city, and the data backs that up. With 650 properties assessed this year and a neighbourhood growth rate sitting at 0.01% year over year, we are not in a boom - but we are not sliding either. Think of it as the market catching its breath after a big run. Activity is quiet, with only 5 total property transactions recorded in 2026, but the values are staying strong.

    On the neighbourhood leaderboard, Chilliwack Mountain ranks 3 out of 9 for average assessed value across Chilliwack. That puts us firmly in above-average territory. For Airbnb income potential, we rank 2nd in the city - which is a number short-term rental owners should pay attention to.

    Houses: Strong Prices, Slow Sales, Real Opportunity

    If you own a house up here, the numbers are working in your favour - even if the pace feels slow.

    • Average sale price for houses: $1,416,667
    • Price per square foot: $421
    • Properties sold recently: 3 - essentially unchanged from last month
    • Predicted market value (HonestDoor): $1,133,429
    • 3-month moving average: $1,118,107 - and the trend is moving up
    • Estimated monthly rent: $4,544
    • Rental yield: 4.58%
    • Growth rank: 3 out of 9 in Chilliwack - above average
    • Price rank: 3 out of 9 in Chilliwack - above average

    The predicted value is climbing past the 3-month average, which tells us momentum is quietly building. Sales volume is low, but that actually works in a seller's favour right now - less competition on the street means your listing stands out. The recent value change is -0.24%, which is basically flat. We are not dropping. We are just pausing.

    Condos: A Different Story, But Still Solid

    Condo owners on Chilliwack Mountain are sitting on something most of the city cannot match. Our average HonestDoor Price for condos is $728,337 - and when you compare that to nearby neighbourhoods, the gap is significant.

    • Average HonestDoor Price (condos): $728,337 - down 1.01% from last period
    • Estimated monthly rent: $3,347
    • Airbnb estimate: $166 per night
    • Airbnb rank in Chilliwack: 3rd
    • Predicted market value: $735,779
    • 3-month moving average: $708,275 - values are trending up
    • Estimated monthly rent (predicted): $3,369
    • Rental yield: 3.36%
    • Recent value change: +2.04%
    • Growth rank: 3 out of 9 in Chilliwack - above average

    That 2.04% recent value increase is the headline here. While the HonestDoor Price dipped slightly, the predicted market value is running ahead of the 3-month average - meaning the short-term direction is up. Compare our condo prices to Chilliwack Proper-Village West at $371,628 or Greendale-Cattermole-Yarrow at $421,211, and Chilliwack Mountain condos are in a completely different weight class.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Assessment Right Now

    Here is the thing about your BC Assessment notice - it is a snapshot from July 1st of the previous year. By the time it lands in your mailbox, it is already old news. The average assessed value for houses on Chilliwack Mountain is $1,061,563. The average HonestDoor Price is $1,117,613. That is a $56,050 gap - and the HonestDoor Price is updated in real time.

    That 5.28% difference between the assessment and the HonestDoor Price is not a rounding error. It is the difference between pricing your home based on yesterday's data and pricing it based on what buyers are actually doing in the market today. If you are making any financial decision - refinancing, selling, or just figuring out where you stand - the HonestDoor Price is the number to use.

    The So What - Should You Sell This Summer?

    If you have been sitting on the fence about listing, here is the honest take.

    Transaction volume is low - only 5 sales recorded in 2026 so far. That sounds quiet, but it cuts both ways. Fewer homes on the market means less competition for you as a seller. Buyers who want to be on Chilliwack Mountain do not have a lot of options, and that gives you leverage.

    House values are holding above $1.4 million on average for recent sales, and the predicted value is trending upward past the 3-month average. Rental demand is real too - $4,544 per month in estimated rent and a 4.58% yield means investors are paying attention to this neighbourhood.

    Compared to nearby areas, we are priced above Chilliwack Proper-Village West ($774,753 HonestDoor Price) and Sardisvedden ($866,899), and we are growing faster than both. Even Greendale-Cattermole-Yarrow, which comes in higher at $1,286,176, is growing slower than Chilliwack Mountain.

    Bottom line - if your home is priced right and presented well, this summer is a reasonable window to move. The market is not on fire, but it is not cold either. Check your HonestDoor Price first, compare it to your assessment, and you will know exactly where you stand before you call anyone.

    chilliwack mountain | chilliwack | august 2026

    This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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