Promontory, Chilliwack - October 2026 Real Estate Report
Promontory, Chilliwack: What Your Neighbours Aren't Telling You About Home Values Right Now
If you've been watching the "For Sale" signs on Promontory's streets and wondering what's actually going on, here's the straight answer: the market is taking a breather, but Promontory is holding its ground better than most of Chilliwack. Here's what the numbers actually mean for your wallet.
The Vibe: Houses vs. Condos in Promontory
Let's break it down for us locals, because houses and condos are telling two different stories right now.
Houses: If you own a detached home here, the big headline is this - our growth rate ranks 1 out of 9 comparable Chilliwack neighbourhoods. That's the top spot on the leaderboard. Values have dipped a tiny 0.04% recently, but the 3-month moving average sits at $923,758, and the predicted market value is $920,992. Essentially flat. Seven homes sold recently, with an average sale price of $747,357 and a price per square foot of around $336. Rental potential is strong too - estimated at $3,937 per month with a 4.86% rental yield. That's a real number worth knowing if you're considering keeping a property instead of selling.
- Predicted House Value: $920,992
- Average Sale Price: $747,357
- Price Per Square Foot: $336
- Estimated Monthly Rent: $3,937
- Rental Yield: 4.86%
- Growth Rank: 1 out of 9 in Chilliwack - top of the leaderboard
- Price Rank: 7 out of 9 - below average in price, which means room to grow
Condos: The condo picture is a bit more mixed, but there's a quiet positive signal here. The predicted value of $560,517 is actually ticking up compared to the 3-month moving average of $557,838. That's a 0.41% recent change - small, but it's moving in the right direction. The HonestDoor Price sits at $557,663, down 0.51% from last period. Rental income potential clocks in at $2,686 per month with a 3.72% yield. Condo growth ranks 5 out of 9 in Chilliwack - right in the middle of the pack. Not leading, not lagging.
- Predicted Condo Value: $560,517
- HonestDoor Price: $557,663
- Estimated Monthly Rent: $2,686
- Rental Yield: 3.72%
- Airbnb Estimate: $133 per night
- Growth Rank: 5 out of 9 in Chilliwack
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here's something most Promontory homeowners don't realize. The city's assessed value on your property - averaging $941,116 for houses here - is a snapshot frozen in time. It's based on old data. The HonestDoor Price, currently averaging $911,564, is a real-world check updated in real time. Right now, that gap is 3.14%. That's roughly $29,500 sitting between what the government thinks your home is worth and what the actual market is doing.
Why does that matter? Because if you're making any financial decision - refinancing, selling, even just understanding your net worth - using a stale government number can send you in the wrong direction. The HonestDoor Price moves with the market. Your tax assessment doesn't. With 2,254 properties assessed in Promontory and 23 transactions recorded in 2026, there's enough real activity here to make that live number meaningful.
Compared to nearby neighbourhoods, Ryder Lake houses are running higher at an HonestDoor Price of $1,009,507, while Sardisvedden comes in lower at $859,582. Promontory sits in a solid middle position - and with the top growth rank in the area for houses, that gap with Ryder Lake could close over time.
The So What: Thinking About Selling This Summer?
Here's the honest take for anyone considering listing in Promontory this summer.
For house owners - you're in the best spot you can be in a cooling market. Holding the number one growth rank out of nine Chilliwack neighbourhoods is a real selling point. Values are essentially flat, not falling. Seven sales recently with prices averaging $747,357 means buyers are still active. The window is open, but it's not wide open. Pricing sharp and moving quickly matters more than it did two years ago.
For condo owners - the slight uptick in predicted value is encouraging, but a 3.72% rental yield and a mid-pack growth rank of 5 out of 9 means you're not in a rush-to-sell emergency, but you're also not sitting on a rocket. If your plan is to hold and rent, the $2,686 monthly rental estimate makes that a reasonable strategy. If you're selling, know that Sardisvedden condos are cheaper at $451,140 and East Chilliwack-Southside is also undercutting you at $531,365 - so your pricing needs to justify the Promontory premium.
Bottom line - check your HonestDoor Price before you do anything else. It's the number that reflects today's market, not last year's paperwork.
promontory | chilliwack | october 2026This 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.