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Nanaimo Real Estate Market Update for December 2020

Posted on January 5, 2021January 8, 2021 by admin

By: PropertyGuys.com on Vancouver Island

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Nanaimo Real Estate Market Update for December 2020

The monthly Nanaimo Real Estate Market Update for December 2020 shows compared to a year ago, an increase in sales for the entire local area. Overall residential sales from last December in the Nanaimo were up 56% and up while the average days to sell was down by 2% from last December. The sales over the last 12 months are up by 13%, the market is very strong.

Incredibly swift sales in Single Family Detached homes is really causing upward price pressure. There is only 1 month of inventory in homes. The housing market remains strong. For apartments inventory is much larger with 2 months. We have seen significant gains but as we head into winter the numbers have tempered but not as much as expected.

Single Family homes sales show rising average prices, the market is active and strong.
In the Nanaimo, the benchmark price was $569,400, a slight increase from one year ago. Benchmark pricing tracks the value of “middle-of-the-range” or “typical” homes and excludes the extreme high-end and low-end properties in Campbell River. It is normally a more stable price indicator than average prices.

“…low inventory continues to be the primary reason behind the weaker sales posted in November and December. The buyers are there, but the listings are not…Consumer demand is high, and buyers are snapping up well-priced properties quickly once they hit the market…Multiple offers are commonplace. Notwithstanding high demand, correctly pricing your home remains the key to a quick sale. Overpriced homes tend to linger in our area despite prevailing market conditions.” says VIREB president Kevin Reid

Source: Vancouver Island Real Estate Board – MLS® Statistics

Single Family - Nanaimo Real Estate Market - Dec 20

Lot - Nanaimo Real Estate Market - Dec 20

Market Legend

Seller’s Market – In a seller’s market, conditions are favorable for sellers to get higher prices for their homes. The number of buyers who want homes exceeds the number of homes available. In this type of market, the homes sell quickly, prices will increase, and a large number of buyers are available for a minimal inventory of homes. These characteristics have implications for the buyer who has to make decisions quickly, must pay more, and frequently has their conditional offers rejected.
Balanced Market – In a balanced market, the number of homes on the market is equal to the demand or number of buyers. Houses sell within a reasonable period, the demand equals supply, sellers accept reasonable offers, and prices are generally stable. The implications for the buyer in this type of market are that the atmosphere is more relaxed. There is a reasonable number of homes from which to choose.
Buyer’s Market – A buyer’s market allows buyers to come in at lower prices. The supply of homes on the market exceeds the demand or the number of buyers. Homes will be on the market longer, fewer buyers will be available compared to the higher inventory of homes, and house prices are reduced. The implications for the buyers in this type of market are more favorable, negotiating leverage, more time to search for a home, and better prices.

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North Vancouver Island Real Estate Market Update for December 2020

Posted on January 5, 2021January 5, 2021 by admin

By: PropertyGuys.com on Vancouver Island

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North Vancouver Island Real Estate Market Update for December 2020

The monthly North Vancouver Island Real Estate Market Update for December 2020 shows compared to a year ago, an increase in sales for the entire local area. Overall residential sales from last December in the North Vancouver Island were up 400% and up while the average days to sell was up by 567% from last December. The sales over the last 12 months are up by 11%, the market is strong.

Single Family Detached homes is really causing upward price pressure. There is only 3 months of inventory in homes. The housing market remains strong. For apartments and townhouses inventory is much larger with 6.3 and 4.5 months respectively. We have seen significant gains in the latter half of the year but as we head into winter the numbers have tempered but not as much as expected.

Single Family homes sales show rising average prices, the market is active and strong.
In the North Vancouver Island, the 12-month average price was $277,420, a 17% increase from one year ago.

Source: Vancouver Island Real Estate Board – MLS® Statistics

Single Family - NVI Real Estate Market - Dec 20

Market Legend

Seller’s Market – In a seller’s market, conditions are favorable for sellers to get higher prices for their homes. The number of buyers who want homes exceeds the number of homes available. In this type of market, the homes sell quickly, prices will increase, and a large number of buyers are available for a minimal inventory of homes. These characteristics have implications for the buyer who has to make decisions quickly, must pay more, and frequently has their conditional offers rejected.
Balanced Market – In a balanced market, the number of homes on the market is equal to the demand or number of buyers. Houses sell within a reasonable period, the demand equals supply, sellers accept reasonable offers, and prices are generally stable. The implications for the buyer in this type of market are that the atmosphere is more relaxed. There is a reasonable number of homes from which to choose.
Buyer’s Market – A buyer’s market allows buyers to come in at lower prices. The supply of homes on the market exceeds the demand or the number of buyers. Homes will be on the market longer, fewer buyers will be available compared to the higher inventory of homes, and house prices are reduced. The implications for the buyers in this type of market are more favorable, negotiating leverage, more time to search for a home, and better prices.

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Port Alberni Area Real Estate Market Update for December 2020

Posted on January 5, 2021January 8, 2021 by admin

By: PropertyGuys.com on Vancouver Island

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Port Alberni Area Real Estate Market Update for December 2020

The monthly Port Alberni Area Real Estate Market Update for December 2020 shows compared to a year ago, an increase in sales for the entire local area. Overall residential sales from last December in the Port Alberni Area were up 30% and up while the average days to sell was up by 17% from last December. The sales over the last 12 months are up by 16%, the market is strong.

Incredibly swift sales in Single Family Detached and townhomes is causing inventory to stay low with only 2 months of inventory of each. The housing market remains strong. We have seen significant gains but as we head into winter the numbers have tempered but not as much as expected.

In the Port Alberni Area, the benchmark price was $328,000, a slight 1% increase from one year ago. Benchmark pricing tracks the value of “middle-of-the-range” or “typical” homes and excludes the extreme high-end and low-end properties in Campbell River. It is normally a more stable price indicator than average prices.

Source: Vancouver Island Real Estate Board – MLS® Statistics

Single Family - Port Alberni Real Estate Market - Dec 20

Lot - Port Alberni Real Estate Market - Dec 20

Market Legend

Seller’s Market – In a seller’s market, conditions are favorable for sellers to get higher prices for their homes. The number of buyers who want homes exceeds the number of homes available. In this type of market, the homes sell quickly, prices will increase, and a large number of buyers are available for a minimal inventory of homes. These characteristics have implications for the buyer who has to make decisions quickly, must pay more, and frequently has their conditional offers rejected.
Balanced Market – In a balanced market, the number of homes on the market is equal to the demand or number of buyers. Houses sell within a reasonable period, the demand equals supply, sellers accept reasonable offers, and prices are generally stable. The implications for the buyer in this type of market are that the atmosphere is more relaxed. There is a reasonable number of homes from which to choose.
Buyer’s Market – A buyer’s market allows buyers to come in at lower prices. The supply of homes on the market exceeds the demand or the number of buyers. Homes will be on the market longer, fewer buyers will be available compared to the higher inventory of homes, and house prices are reduced. The implications for the buyers in this type of market are more favorable, negotiating leverage, more time to search for a home, and better prices.

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Parksville-Qualicum Real Estate Market Update for December 2020

Posted on January 5, 2021January 8, 2021 by admin

By PropertyGuys.com on Vancouver Island

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Parksville-Qualicum Real Estate Market Update for December 2020

The monthly Parksville-Qualicum Real Estate Market Update for December 2020 shows compared to a year ago, a large increase in sales for the entire local area. Overall residential sales from last December in Parksville-Qualicum were up 53% and up while the average days to sell increased overall by 31% from last December. The sales over the last 12 months are up by 26%, the market is strong…extremely strong.

Swift sales in the latter half of the year is causing upward price pressure. We have seen significant gains but as we enter winter the numbers have tempered but not as much as is typical for a December.

The Single Family statistics for this month point to rising average prices in Parksville-Qualicum. The market is still quite active.

Single Family homes sales show rising average prices, the market is active and strong.
In Parksville-Qualicum, the benchmark price reached $639,100, up by 9.6 percent from one year ago. Benchmark pricing tracks the value of “middle-of-the-range” or “typical” homes and excludes the extreme high-end and low-end properties in Campbell River. It is normally a more stable price indicator than average prices.

Source: Vancouver Island Real Estate Board – MLS® Statistics

Single Family - PQB Real Estate Market - Dec 20

Market Legend

Seller’s Market – In a seller’s market, conditions are favorable for sellers to get higher prices for their homes. The number of buyers who want homes exceeds the number of homes available. In this type of market, the homes sell quickly, prices will increase, and a large number of buyers are available for a minimal inventory of homes. These characteristics have implications for the buyer who has to make decisions quickly, must pay more, and frequently has their conditional offers rejected.
Balanced Market – In a balanced market, the number of homes on the market is equal to the demand or number of buyers. Houses sell within a reasonable period, the demand equals supply, sellers accept reasonable offers, and prices are generally stable. The implications for the buyer in this type of market are that the atmosphere is more relaxed. There is a reasonable number of homes from which to choose.
Buyer’s Market – A buyer’s market allows buyers to come in at lower prices. The supply of homes on the market exceeds the demand or the number of buyers. Homes will be on the market longer, fewer buyers will be available compared to the higher inventory of homes, and house prices are reduced. The implications for the buyers in this type of market are more favorable, negotiating leverage, more time to search for a home, and better prices.

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Campbell River Real Estate Market Update for December 2020

Posted on January 5, 2021January 5, 2021 by admin

By PropertyGuys.com on Vancouver Island

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Campbell River Real Estate Market Update for December 2020

The monthly Campbell River Real Estate Market Update for December 2020 shows compared to a year ago, a large increase in sales for the entire local area. Overall residential sales from last December in Campbell River were up 80% and up while the average days to sell increased overall by 4% from last December. The sales over the last 12 months are up by 16%, the market is strong.

Swift sales in the latter half of the year is causing upward price pressure. We have seen significant gains but as we head into fall the numbers have tempered but not as much as is typical for a December.

The Single Family statistics for this month point to rising average prices in both the Comox Valley and Campbell River. The market is still quite active.

Single Family homes sales show rising average prices, the market is active and strong.
In Campbell River, the benchmark price reached $473,000, up by 11.8 percent from one year ago. Benchmark pricing tracks the value of “middle-of-the-range” or “typical” homes and excludes the extreme high-end and low-end properties in Campbell River. It is normally a more stable price indicator than average prices.

“…low inventory continues to be the primary reason behind the weaker sales posted in November and December. The buyers are there, but the listings are not…Consumer demand is high, and buyers are snapping up well-priced properties quickly once they hit the market… Multiple offers are commonplace. Notwithstanding high demand, correctly pricing your home remains the key to a quick sale. Overpriced homes tend to linger in our area despite prevailing market conditions.” says VIREB president Kevin Reid.

Source: Vancouver Island Real Estate Board – MLS® Statistics

Single Family - Campbell River Real Estate Market - Dec 20

Lot - Campbell River Real Estate Market - Dec 20

Market Legend

Seller’s Market – In a seller’s market, conditions are favorable for sellers to get higher prices for their homes. The number of buyers who want homes exceeds the number of homes available. In this type of market, the homes sell quickly, prices will increase, and a large number of buyers are available for a minimal inventory of homes. These characteristics have implications for the buyer who has to make decisions quickly, must pay more, and frequently has their conditional offers rejected.
Balanced Market – In a balanced market, the number of homes on the market is equal to the demand or number of buyers. Houses sell within a reasonable period, the demand equals supply, sellers accept reasonable offers, and prices are generally stable. The implications for the buyer in this type of market are that the atmosphere is more relaxed. There is a reasonable number of homes from which to choose.
Buyer’s Market – A buyer’s market allows buyers to come in at lower prices. The supply of homes on the market exceeds the demand or the number of buyers. Homes will be on the market longer, fewer buyers will be available compared to the higher inventory of homes, and house prices are reduced. The implications for the buyers in this type of market are more favorable, negotiating leverage, more time to search for a home, and better prices.

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Comox Valley Real Estate Market Update for December 2020

Posted on January 5, 2021January 5, 2021 by admin

By: PropertyGuys.com on Vancouver Island

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Comox Valley Real Estate Market Update for December 2020

The monthly Comox Valley Real Estate Market Update for December 2020 shows compared to a year ago, an increase in sales for the entire local area. Overall residential sales from last December in the Comox Valley were up 62% and up while the average days to sell was down by 25% from last December. The sales over the last 12 months are up by 13.6%, the market is very strong.

Swift sales in the latter half of the year is causing upward price pressure. The housing market remains strong. We have seen significant gains but as we head into fall the numbers have tempered, but not as much as is typical.

The Single Family statistics for this month point to rising average prices in both the Comox Valley and Campbell River. The market is quite active, even aggressive at times.
In spite of low inventory, pricing is still important.

Single Family homes sales show rising average prices, the market is active and strong.
In the Comox Valley, the benchmark price was $550,800, a 4% increase from one year ago. Benchmark pricing tracks the value of “middle-of-the-range” or “typical” homes and excludes the extreme high-end and low-end properties in Campbell River. It is normally a more stable price indicator than average prices.

“…low inventory continues to be the primary reason behind the weaker sales posted in November and December. The buyers are there, but the listings are not…Consumer demand is high, and buyers are snapping up well-priced properties quickly once they hit the market… Multiple offers are commonplace. Notwithstanding high demand, correctly pricing your home remains the key to a quick sale. Overpriced homes tend to linger in our area despite prevailing market conditions.” says VIREB president Kevin Reid.

Source: Vancouver Island Real Estate Board – MLS® Statistics

Single Family - Comox Valley Real Estate Market - Dec 20

Lot - Comox Valley Real Estate Market - Dec 20

Market Legend

Seller’s Market – In a seller’s market, conditions are favorable for sellers to get higher prices for their homes. The number of buyers who want homes exceeds the number of homes available. In this type of market, the homes sell quickly, prices will increase, and a large number of buyers are available for a minimal inventory of homes. These characteristics have implications for the buyer who has to make decisions quickly, must pay more, and frequently has their conditional offers rejected.
Balanced Market – In a balanced market, the number of homes on the market is equal to the demand or number of buyers. Houses sell within a reasonable period, the demand equals supply, sellers accept reasonable offers, and prices are generally stable. The implications for the buyer in this type of market are that the atmosphere is more relaxed. There is a reasonable number of homes from which to choose.
Buyer’s Market – A buyer’s market allows buyers to come in at lower prices. The supply of homes on the market exceeds the demand or the number of buyers. Homes will be on the market longer, fewer buyers will be available compared to the higher inventory of homes, and house prices are reduced. The implications for the buyers in this type of market are more favorable, negotiating leverage, more time to search for a home, and better prices.

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Port Alberni Area Real Estate Market Update for November 2020

Posted on December 31, 2020January 1, 2021 by admin

By: PropertyGuys.com on Vancouver Island

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Port Alberni Area Real Estate Market Update for November 2020

The monthly Port Alberni Area Real Estate Market Update for November 2020 shows compared to a year ago, an increase in sales for the entire local area. Overall residential sales from last November in the Port Alberni Area were up 55% and up while the average days to sell was up by 17% from last November. The sales over the last 12 months are up by 16%, the market is strong.

Incredibly swift sales in Single Family Detached and townhomes is causing inventory to stay low with only 1 month of inventory of each. The housing market remains strong. For apartments inventory is much larger with over 7 months of inventory. We have seen significant gains but as we head into winter the numbers have tempered but not as much as expected.

In the Port Alberni Area, the benchmark price was $326,800, a slight 0.67% decrease from one year ago. Benchmark pricing tracks the value of “middle-of-the-range” or “typical” homes and excludes the extreme high-end and low-end properties in Campbell River. It is normally a more stable price indicator than average prices.

“Despite what may be the worst recession in B.C. history, the housing market had a record fall season, and prices are rapidly rising as pent-up demand floods into an under-supplied market, … As that pent-up demand from the loss of a spring season fades, sales will likely slow from their current pace, but activity is expected to remain strong as record-low mortgage rates and a recovering economy continue to drive sales.” says BCREA.

Source: Vancouver Island Real Estate Board – MLS® Statistics

Single Family - PA Real Estate Stats - Nov 20

Market Legend

Seller’s Market – In a seller’s market, conditions are favorable for sellers to get higher prices for their homes. The number of buyers who want homes exceeds the number of homes available. In this type of market, the homes sell quickly, prices will increase, and a large number of buyers are available for a minimal inventory of homes. These characteristics have implications for the buyer who has to make decisions quickly, must pay more, and frequently has their conditional offers rejected.
Balanced Market – In a balanced market, the number of homes on the market is equal to the demand or number of buyers. Houses sell within a reasonable period, the demand equals supply, sellers accept reasonable offers, and prices are generally stable. The implications for the buyer in this type of market are that the atmosphere is more relaxed. There is a reasonable number of homes from which to choose.
Buyer’s Market – A buyer’s market allows buyers to come in at lower prices. The supply of homes on the market exceeds the demand or the number of buyers. Homes will be on the market longer, fewer buyers will be available compared to the higher inventory of homes, and house prices are reduced. The implications for the buyers in this type of market are more favorable, negotiating leverage, more time to search for a home, and better prices.

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North Vancouver Island Real Estate Market Update for November 2020

Posted on December 31, 2020January 1, 2021 by admin

By: PropertyGuys.com on Vancouver Island

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North Vancouver Island Real Estate Market Update for November 2020

The monthly North Vancouver Island Real Estate Market Update for November 2020 shows compared to a year ago, an increase in sales for the entire local area. Overall residential sales from last November in the North Vancouver Island were up 92% and up while the average days to sell was up by 30% from last November. The sales over the last 12 months are up by 7.78%, the market is strong.

Single Family homes sales show rising average prices, the market is active and strong.
In the North Vancouver Island, the 12-month average price was $273,423, a 15 increase from one year ago.

Source: Vancouver Island Real Estate Board – MLS® Statistics

Single Family - NVI - Real Estate Market Stats - Nov 20

Lot - NVI - Real Estate Market Stats - Nov 20

Market Legend

Seller’s Market – In a seller’s market, conditions are favorable for sellers to get higher prices for their homes. The number of buyers who want homes exceeds the number of homes available. In this type of market, the homes sell quickly, prices will increase, and a large number of buyers are available for a minimal inventory of homes. These characteristics have implications for the buyer who has to make decisions quickly, must pay more, and frequently has their conditional offers rejected.
Balanced Market – In a balanced market, the number of homes on the market is equal to the demand or number of buyers. Houses sell within a reasonable period, the demand equals supply, sellers accept reasonable offers, and prices are generally stable. The implications for the buyer in this type of market are that the atmosphere is more relaxed. There is a reasonable number of homes from which to choose.
Buyer’s Market – A buyer’s market allows buyers to come in at lower prices. The supply of homes on the market exceeds the demand or the number of buyers. Homes will be on the market longer, fewer buyers will be available compared to the higher inventory of homes, and house prices are reduced. The implications for the buyers in this type of market are more favorable, negotiating leverage, more time to search for a home, and better prices.

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Nanaimo Real Estate Market Update for November 2020

Posted on December 30, 2020December 31, 2020 by admin

By: PropertyGuys.com on Vancouver Island

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Nanaimo Real Estate Market Update for November 2020

The monthly Nanaimo Real Estate Market Update for November 2020 shows compared to a year ago, an increase in sales for the entire local area. Overall residential sales from last November in the Nanaimo were up 49% and up while the average days to sell was up by 34% from last November. The sales over the last 12 months are up by 13.4%, the market is very strong.

Incredibly swift sales in Single Family Detached homes is really causing upward price pressure. There is only 1 month of inventory in homes. The housing market remains strong. For apartments inventory is much larger with 3 and half months. We have seen significant gains but as we head into winter the numbers have tempered but not as much as expected.

Single Family homes sales show rising average prices, the market is active and strong.
In the Nanaimo, the benchmark price was $564,500, a slight increase from one year ago. Benchmark pricing tracks the value of “middle-of-the-range” or “typical” homes and excludes the extreme high-end and low-end properties in Campbell River. It is normally a more stable price indicator than average prices.

Source: Vancouver Island Real Estate Board – MLS® Statistics

Single Family - Nanaimo Real Estate Stats - Nov 2020

Lot - Nanaimo Real Estate Stats - Nov 2020

Market Legend

Seller’s Market – In a seller’s market, conditions are favorable for sellers to get higher prices for their homes. The number of buyers who want homes exceeds the number of homes available. In this type of market, the homes sell quickly, prices will increase, and a large number of buyers are available for a minimal inventory of homes. These characteristics have implications for the buyer who has to make decisions quickly, must pay more, and frequently has their conditional offers rejected.
Balanced Market – In a balanced market, the number of homes on the market is equal to the demand or number of buyers. Houses sell within a reasonable period, the demand equals supply, sellers accept reasonable offers, and prices are generally stable. The implications for the buyer in this type of market are that the atmosphere is more relaxed. There is a reasonable number of homes from which to choose.
Buyer’s Market – A buyer’s market allows buyers to come in at lower prices. The supply of homes on the market exceeds the demand or the number of buyers. Homes will be on the market longer, fewer buyers will be available compared to the higher inventory of homes, and house prices are reduced. The implications for the buyers in this type of market are more favorable, negotiating leverage, more time to search for a home, and better prices.

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Parksville-Qualicum Real Estate Market Update for November 2020

Posted on December 30, 2020December 30, 2020 by admin

By PropertyGuys.com on Vancouver Island

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Parksville-Qualicum Real Estate Market Update for November 2020

The monthly Parksville-Qualicum Real Estate Market Update for November 2020 shows compared to a year ago, a large increase in sales for the entire local area. Overall residential sales from last November in Parksville-Qualicum were up 50% and up while the average days to sell decreased overall by 5% from last November. The sales over the last 12 months are up by 25%, the market is strong…extremely strong.

The Single Family statistics for this month point to rising average prices in Parksville-Qualicum. The market is still quite active.

Single Family homes sales show rising average prices, the market is active and strong.
In Parksville-Qualicum, the benchmark price reached $620,100, up by 7.5 percent from one year ago. Benchmark pricing tracks the value of “middle-of-the-range” or “typical” homes and excludes the extreme high-end and low-end properties in Campbell River. It is normally a more stable price indicator than average prices.

Source: Vancouver Island Real Estate Board – MLS® Statistics

Single Family - PQB Real Estate Stats - Nov 2020

Market Legend

Seller’s Market – In a seller’s market, conditions are favorable for sellers to get higher prices for their homes. The number of buyers who want homes exceeds the number of homes available. In this type of market, the homes sell quickly, prices will increase, and a large number of buyers are available for a minimal inventory of homes. These characteristics have implications for the buyer who has to make decisions quickly, must pay more, and frequently has their conditional offers rejected.
Balanced Market – In a balanced market, the number of homes on the market is equal to the demand or number of buyers. Houses sell within a reasonable period, the demand equals supply, sellers accept reasonable offers, and prices are generally stable. The implications for the buyer in this type of market are that the atmosphere is more relaxed. There is a reasonable number of homes from which to choose.
Buyer’s Market – A buyer’s market allows buyers to come in at lower prices. The supply of homes on the market exceeds the demand or the number of buyers. Homes will be on the market longer, fewer buyers will be available compared to the higher inventory of homes, and house prices are reduced. The implications for the buyers in this type of market are more favorable, negotiating leverage, more time to search for a home, and better prices.

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Single Family Homes
	The Average 12 Month to Date Sale Price increased by 9.68% from the previous 12 month period. The 12 Month to Date Average Sale Price was $616,588. There are 1.21 Months of Inventory of Single Family in the Nanaimo area. It is currently a Avg. Sellers Market. This month’s Inventory decreased to 110 Active Listings. There were 89 units listed and 91 units sold. PLEASE NOTE: SINGLE FAMILY property does NOT INCLUDE acreage with a house, condominiums, duplex/triplex, mobile homes/on a pad, single-family waterfront or single-family strata. LOTS do NOT INCLUDE acreage or waterfront acreage.
Lots
	The Average 12 Month to Date Sale Price decreased by 5.66% from the previous 12 month period. The 12 Month to Date Average Sale Price was $326,150. There are 6 Months of Inventory of Lots in the Nanaimo area. It is currently a Soft Buyers Market. This month’s Inventory increased to 60 Active Listings. There were 11 units listed and 10 units sold.
Apartment Condos
	The Average 12 Month to Date Sale Price increased by 0.77% from the previous 12 month period. The 12 Month to Date Average Sale Price was $317,157. There are 2.21 Months of Inventory of Condos (Apt) in the Nanaimo area. It is currently a Avg. Sellers Market. This month’s Inventory decreased to 95 Active Listings. There were 22 units listed and 43 units sold.
Townhouse & Patio Condos
	The Average 12 Month to Date Sale Price increased by 7.12% from the previous 12 month period. The 12 Month to Date Average Sale Price was $419,481. There are 1.48 Months of Inventory of Condos (Twnhse & Patio) in the Nanaimo area. It is currently a Avg. Sellers Market. This month’s Inventory decreased to 37 Active Listings. There were 12 units listed and 25 units sold.

Single Family Homes
	The Average 12 Month to Date Sale Price increased by 17.01% from the previous 12 month period. The 12 Month to Date Average Sale Price was $277,420. There are 5.5 Months of Inventory of Single Family in North Vancouver Island. It is currently a Balanced Market. This month’s Inventory decreased to 33 Active Listings. There were 2 units listed and 6 units sold. PLEASE NOTE: SINGLE FAMILY property does NOT INCLUDE acreage with a house, condominiums, duplex/triplex, mobile homes/on a pad, single-family waterfront or single-family strata. LOTS do NOT INCLUDE acreage or waterfront acreage.
Lots
	The Average 12 Month to Date Sale Price increased by 14.73% from the previous 12 month period. The 12 Month to Date Average Sale Price was $105,395. There are 6 Months of Inventory of Lots in North Vancouver Island. It is currently a Soft Buyers Market. This month’s Inventory decreased to 30 Active Listings. There were 2 units listed and 5 units sold.
Apartment Condos
	The Average 12 Month to Date Sale Price increased by 34.37% from the previous 12 month period. The 12 Month to Date Average Sale Price was $75,096. There are 1.5 Months of Inventory of Condos (Apt) in the North Vancouver Island. It is currently a Avg. Sellers Market. This month’s Inventory decreased to 12 Active Listings. There were 2 units listed and 8 units sold.
Townhouse & Patio Condos
	The Average 12 Month to Date Sale Price increased by 16.19% from the previous 12 month period. The 12 Month to Date Average Sale Price was $114,300. There are 8 Months of Inventory of Condos (Twnhse & Patio) in the North Vancouver Island. It is currently a Strong Buyers Market. This month’s Inventory decreased to 8 Active Listings. There were 0 units listed and 1 units sold.

Single Family Homes
	The Average 12 Month to Date Sale Price increased by 13.28% from the previous 12 month period. The 12 Month to Date Average Sale Price was $419,984. There are 2 Months of Inventory of Single Family in the Port Alberni area. It is currently a Avg. Sellers Market. This month’s Inventory increased to 52 Active Listings. There were 29 units listed and 26 units sold. PLEASE NOTE: SINGLE FAMILY property does NOT INCLUDE acreage with a house, condominiums, duplex/triplex, mobile homes/on a pad, single-family waterfront or single-family strata. LOTS do NOT INCLUDE acreage or waterfront acreage.
Lots
	The Average 12 Month to Date Sale Price increased by 8.7% from the previous 12 month period. The 12 Month to Date Average Sale Price was $258,977. There are 5.4 Months of Inventory of Lots in the Port Alberni area. It is currently a Balanced Market. This month’s Inventory decreased to 54 Active Listings. There were 8 units listed and 10 units sold.
Apartment Condos
	The Average 12 Month to Date Sale Price increased by 10.73% from the previous 12 month period. The 12 Month to Date Average Sale Price was $413,000. There are 3.8 Months of Inventory of Condos (Apt) in the Port Alberni area. It is currently a Soft Sellers Market. This month’s Inventory decreased to 19 Active Listings. There were 3 units listed and 5 units sold.
Townhouse & Patio Condos
	The Average 12 Month to Date Sale Price decreased by 0.12% from the previous 12 month period. The 12 Month to Date Average Sale Price was $389,797. There are 1 Months of Inventory of Condos (Twnhse & Patio) in the Port Alberni area. It is currently a Avg. Sellers Market. This month’s Inventory decreased to 2 Active Listings. There were 1 units listed and 2 units sold.

Single Family Homes
	The Average 12 Month to Date Sale Price increased by 12.03% from the previous 12 month period. The 12 Month to Date Average Sale Price was $687,987. There are 1 Months of Inventory of Single Family in the Parksville Qualicum area. It is currently a Avg. Sellers Market. This month’s Inventory decreased to 43 Active Listings. There were 35 units listed and 43 units sold. PLEASE NOTE: SINGLE FAMILY property does NOT INCLUDE acreage with a house, condominiums, duplex/triplex, mobile homes/on a pad, single-family waterfront or single-family strata. LOTS do NOT INCLUDE acreage or waterfront acreage.
Lots
	The Average 12 Month to Date Sale Price increased by 12.34% from the previous 12 month period. The 12 Month to Date Average Sale Price was $330,469. There are 3.64 Months of Inventory of Lots in the Parksville Qualicum area. It is currently a Soft Sellers Market. This month’s Inventory decreased to 40 Active Listings. There were 6 units listed and 11 units sold.
Apartment Condos
	The Average 12 Month to Date Sale Price increased by 10.23% from the previous 12 month period. The 12 Month to Date Average Sale Price was $323,086. There are 8 Months of Inventory of Condos (Apt) in the Parksville Qualicum area. It is currently a Strong Buyers Market. This month’s Inventory increased to 40 Active Listings. There were 19 units listed and 5 units sold.
Townhouse & Patio Condos
	The Average 12 Month to Date Sale Price increased by 7.95% from the previous 12 month period. The 12 Month to Date Average Sale Price was $482,011. There are 1.14 Months of Inventory of Condos (Twnhse & Patio) in the Parksville Qualicum area. It is currently a Avg. Sellers Market. This month’s Inventory decreased to 8 Active Listings. There were 4 units listed and 7 units sold.

Single Family Homes
	The Average 12 Month to Date Sale Price increased by 9.63% from the previous 12 month period. The 12 Month to Date Average Sale Price was $537,768. There are 0.95 Months of Inventory of Single Family in Campbell River. It is currently a Strong Sellers Market. This month’s Inventory decreased to 42 Active Listings. There were 28 units listed and 44 units sold. PLEASE NOTE: SINGLE FAMILY property does NOT INCLUDE acreage with a house, condominiums, duplex/triplex, mobile homes/on a pad, single-family waterfront or single-family strata. LOTS do NOT INCLUDE acreage or waterfront acreage.
Lots
	The Average 12 Month to Date Sale Price increased by 23.33% from the previous 12 month period. The 12 Month to Date Average Sale Price was $324,635. There are 13 Months of Inventory of Lots in Campbell River. It is currently a Strong Buyers Market. This month’s Inventory increased to 13 Active Listings. There were 3 units listed and 1 units sold.
Apartment Condos
	The Average 12 Month to Date Sale Price increased by 8.81% from the previous 12 month period. The 12 Month to Date Average Sale Price was $290,190. There are 0.85 Months of Inventory of Condos (Apt) in Campbell River. It is currently a Strong Sellers Market. This month’s Inventory decreased to 11 Active Listings. There were 5 units listed and 13 units sold.
Townhouse & Patio Condos
	The Average 12 Month to Date Sale Price increased by 6.86% from the previous 12 month period. The 12 Month to Date Average Sale Price was $363,207. There are 3 Months of Inventory of Condos (Twnhse & Patio) in Campbell River. It is currently a Soft Sellers Market. This month’s Inventory remained the same to Active Listings. There were 5 units listed and 5 units sold.