Chilliwack Proper-Village West, Chilliwack - September 2026 Real Estate Report

Chilliwack Proper-Village West: The Market Is Moving, But Not All in One Direction

If you live in Chilliwack Proper-Village West and you haven't checked your home's actual value lately, now is the time. The city's assessment number is one thing. What your property is worth right now on the open market is another story entirely.

The Vibe: What's Actually Happening Here

Houses - Steady Ground, But Watch the Trend

We're sitting in one of the most active corners of Chilliwack. Houses here ranked number 1 in total transactions across the city in 2026, with 69 deals done. That kind of volume tells you buyers know this neighbourhood. But the numbers are sending a mixed signal right now.

• Average HonestDoor Price: $770,861
• Average assessed value: $741,866
• HonestDoor Price is 3.91% above the city assessment
• Recent price change: -0.81%
• Average sale price this month: $698,750 - down 8.3% from last month
• Price per square foot: $489
• Only 2 houses sold this month
• 3-month moving average: $783,078 - the predicted value of $776,189 is trending below that
• Estimated rent: $3,482 per month
• Rental yield: 5.13% - that is a strong return
• Growth rank: 4 out of 9 neighbourhoods - above average in Chilliwack
• Price rank: 8 out of 9 - one of the most affordable options in the city

Two sales in a month is thin. That dip in average sale price looks dramatic, but with such low volume, one or two lower-priced homes can skew the whole number. The 3-month moving average is a better read on where we actually stand. And at $776,189 predicted value, houses here are still holding up reasonably well compared to nearby Chilliwack Mountain, where the comparable predicted value sits at $728,337.

Condos - Affordable Entry Point, But Values Are Softening

For condo owners, we have a different picture. The good news is that our neighbourhood ranked number 1 in condo transactions across Chilliwack in 2026, with 53 deals. The less exciting news is that values have slipped recently.

• Average HonestDoor Price: $374,782
• Average assessed value: $328,362
• HonestDoor Price is 14.14% above the city assessment - a significant gap
• HonestDoor Price increased 0.85% from the previous period
• Recent price change: -1.69%
• Average sale price: $309,992
• Price per square foot: $375
• 13 condos sold this month - stable volume
• 3-month moving average: $376,191 - predicted value of $371,628 is trending below that
• Estimated rent: $1,817 per month
• Rental yield: 4.11% - moderate but workable
• Growth rank: 6 out of 9 - below average in Chilliwack
• Price rank: 2 out of 2 - the most affordable condo market in Chilliwack

Condos here are the most affordable in the city. That is a real draw for first-time buyers and investors. But the -1.69% recent price movement and a below-average growth rank of 6 out of 9 tell us the condo segment is taking a breather. If you own a condo here, you are not in crisis - but the window for peak pricing may be narrowing.

The Secret Sauce: Your HonestDoor Price Is the Number That Actually Matters

Here is the thing about your city assessment. It is a snapshot from months ago, calculated using a formula that does not account for what buyers are actually paying on your street right now. It is not wrong - it is just old.

For houses in Chilliwack Proper-Village West, the HonestDoor Price of $770,861 runs nearly $29,000 higher than the average city assessment of $741,866. For condos, that gap is even wider - $374,782 versus $328,362, a difference of over $46,000. That is real money sitting between what the government thinks your place is worth and what the market is actually saying.

The HonestDoor Price updates in real time using current sales data, local trends, and market signals. Think of it as the real-world check on a number that was set before the market had a chance to move. If you are making any financial decision - refinancing, selling, even just benchmarking your net worth - the HonestDoor Price is the one to use.

The "So What?" - Thinking About Selling This Summer?

If you are a homeowner in Chilliwack Proper-Village West weighing a summer sale, here is the honest read.

On the house side, activity is real - we ranked first in the city for transactions - but momentum is softening. The predicted value is trending below the 3-month average, and only 2 houses sold this month. That does not mean do not sell. It means price it right from day one. Buyers here are active but not desperate. Overpricing will cost you time, and time costs money.

On the condo side, you have 13 sales a month happening, which is solid volume. But values have dropped 1.69% recently and the growth rank sits below average. If you are thinking of selling a condo, sooner is likely better than later while that transaction volume is still holding up.

For both property types, the neighbourhood leaderboard stat worth knowing is this: Chilliwack Proper-Village West is the number 1 neighbourhood in Chilliwack for total transactions. Buyers are coming here. The question is whether you are priced to meet them.

• Airbnb potential: $172 per night for houses, $91 per night for condos - Airbnb rank of 7 for houses, 9 for condos in Chilliwack
• Rental income potential: $3,464 per month for houses, $1,833 for condos
• 8,326 house properties and 2,980 condo properties assessed this year - this is a big, active neighbourhood

Bottom line - check your HonestDoor Price today. It is almost certainly higher than your assessment, and knowing that number puts you in a stronger position whether you are selling, staying, or just keeping score.

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.