Chilliwack Mountain, Chilliwack - July 2026 Real Estate Report

Chilliwack Mountain Is Sitting on More Than the City Thinks

If you own a home up on Chilliwack Mountain and you have not looked at your actual market value lately, you are probably leaving real money on the table. The city's assessment says one thing. The market is saying something else entirely - and the gap is worth knowing about.

The Vibe: What Is Actually Happening Up Here

Let's break it down by property type, because houses and condos are telling two different stories right now.

Houses - Steady at the Top

We are in a market that is holding its ground. The average sale price for a house on Chilliwack Mountain sits at $915,000, with a price per square foot around $408. Only 2 homes sold recently, so the sample is small - but the predicted market value is $1,136,136, and that number is climbing. It is up from a 3-month moving average of $1,101,894, which tells us momentum is pointing in the right direction.

• Average HonestDoor Price: $1,133,429
• Average Assessed Value: $1,061,563
• Gap between the two: 6.77% - that is real money the assessment is missing
• Average sale price: $915,000
• Price per square foot: $408
• Estimated monthly rent: $4,544
• Rental yield: 4.57% - solid, moderate returns
• Airbnb potential: $226 per night - ranked 2nd in all of Chilliwack
• Growth rank: 2 out of 9 neighbourhoods in Chilliwack - that puts us near the top of the leaderboard
• Price rank: 3 out of 9 - above average across the city
• Recent value change: up 4.74%

Compared to nearby neighbourhoods, we are doing well. Chilliwack Proper-Village West is sitting at an HD Price of $780,978 and shrinking slightly. Sardisvedden comes in at $877,194 with flat growth. Even Greendale-Cattermole-Yarrow, which prices higher at $1,284,827, is growing slower than we are. Chilliwack Mountain is one of the few spots in the area where values are actually moving up.

Condos - The Quiet Outperformer

Here is something worth paying attention to. Condos on Chilliwack Mountain are up 2.04% from the previous period, and the predicted market value of $721,071 is rising above the 3-month moving average of $701,614. Values have shifted 7.95% recently - that is not a small number. And on the neighbourhood leaderboard, condos here rank 2 out of 9 in Chilliwack for growth.

• Average HonestDoor Price: $735,778
• HonestDoor Price change: up 2.04%
• Predicted market value: $721,071
• 3-month moving average: $701,614 - and we are above it
• Estimated monthly rent: $3,369
• Rental yield: 3.39%
• Airbnb potential: $168 per night - ranked 4th in Chilliwack
• Recent value change: 7.95%
• Growth rank: 2 out of 9 in Chilliwack

Every nearby neighbourhood - Chilliwack Proper-Village West at $378,018, Sardisvedden at $464,595, Greendale-Cattermole-Yarrow at $423,501 - is priced significantly lower for condos. If you own a condo up here, you are sitting in the premium tier of the Chilliwack condo market.

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

Your BC Assessment is a snapshot taken months in the past. It does not update in real time. It does not know what sold last week or what buyers are actually offering today. For houses on Chilliwack Mountain, the city's average assessment is $1,061,563. The HonestDoor Price is $1,133,429. That is a gap of nearly $72,000 - and if you are making any financial decision based only on your assessment, you are working with an incomplete picture.

The HonestDoor Price pulls in current sales data, market trends, and real-time signals to give you a number that reflects what is happening now - not what happened last July. Think of it as the real-world check your assessment never gives you.

With 650 properties assessed in the neighbourhood and only 2 transactions recorded in 2026 so far, there is not a flood of supply hitting the market. That matters. Scarcity keeps values supported.

The So What - Should You Sell This Summer?

Here is the honest read. Chilliwack Mountain is ranked 2nd out of 9 neighbourhoods in Chilliwack for growth - for both houses and condos. Values are trending up. The HonestDoor Price is already running ahead of the city's assessment. And nearby neighbourhoods are either flat or slightly negative on growth.

If you are thinking about selling this summer, a few things are working in your favour right now. Inventory is tight - only 2 transactions so far in 2026 means buyers do not have a lot of options up here. Your Airbnb ranking of 2nd in Chilliwack signals strong short-term demand, which attracts a specific type of buyer willing to pay a premium. And with values up 4.74% recently for houses and 7.95% for condos, you are not selling into a falling market.

The one thing to watch - the HonestDoor Price for houses dipped 0.24% from the previous period. That is a small number, but it is worth monitoring. It is not a red flag, but it is a signal to move with intention rather than waiting indefinitely.

Bottom line: if you have been sitting on the fence, this summer looks like a reasonable window. Check your HonestDoor Price first - it will give you a much cleaner starting point than your last tax notice.

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.