May 2017

Vancouver Island (not including Victoria) - May 2017

632 single family homes sold. Average price is $427,219 (up 13% from 12 months to date, this year over last year). 47 waterfront homes sold, 46 lots sold & 250 condos sold. Single family unit sales volume is up 0%. Average days on market has decreased by 31% to 40 days. The average condo sells for $278,456. Condo unit sales are up 5%, 12 months to date. Condos have seen a 33% decrease in days on market. Average days to sell is 57 days. Lot sales volume is up by 18%. Lot prices have increased by 11%, 12 months to date. Average lot sale price is $167,806. Most active region: Nanaimo (178 sales). Highest average price: Parksville/Qualicum ($548,696). FULL REPORT HERE.

Nanaimo - May 2017

178 single family homes sold. Average price is $479,231 (up 17% 12 months to date, this year over last year). 7 waterfront homes sold, 12 lots sold & 74 condos sold. Single family unit sales volume is down 1%. Average days on market has decreased by 41% to 23 days. The average condo sells for $297,708. Condo unit sales are up 8%, 12 months to date. Condos have seen a 35% decrease in days on market. Average days to sell is 33 days. Lot sales volume is up by 10%. Lot prices have increased by 32%, 12 months to date. Average lot sale price is $213,860. Most active region: North Nanaimo (36 sales). Highest average price: Lower Lantzville ($752,500). FULL REPORT HERE


Parksville/Qualicum - May 2017

92 single family homes sold. Average price is $506,069 (up 15% 12 months to date, this year over last year). 8 waterfront homes sold, 4 lots sold & 47 condos sold. Single family unit sales volume is down 10%. Average days on market has decreased by 38% to 28 days. The average condo sells for $312,360. Condo unit sales are down 1%, 12 months to date. Condos have seen a 40% decrease in days on market. Average days to sell is 35 days. Lot sales volume is down 49%. Lot prices have increased by 23%, 12 months to date. Average lot sale price is $237,012. Most active region: Parksville (29 sales). Highest average price: Errington/Coombs/Hilliers ($950,000). FULL REPORT HERE

Cowichan Valley - May 2017

120 single family homes sold. Average price $408,684 (up 9%, 12 months to date, this year over last year). 11 waterfront homes sold, 11 lots sold & 27 condos sold. Single family unit sales volume is up 1%. Average days on market has decreased by 33% to 38 days. The average condo sells for $263,548. Condo unit sales are down 6%, 12 months to date. Condos have seen a 26% decrease in days on market. Average days to sell is 59 days. Lot sales volume is up by 87%. Lot prices have increased by 9%, 12 months to date. Average lot sale price is $147,704. Most active region: East Duncan (26 sales). Highest average price: Mill Bay ($614,633). FULL REPORT HERE.

West Coast - May 2017

49 single family homes sold. Average price $263,217 (up 10% 12 months to date, this year over last year). 4 waterfront homes sold, 7 lots sold & 9 condos sold. Single family unit sales volume is up 14%. Average days on market has decreased by 41% to 54 days. The average condo sells for $240,856. Condo unit sales are up 25%, 12 months to date. Condos have seen a 42% decrease in days on market. Average days to sell is 88 days. Lot sales volume is up by 47%. Lot prices have increased by 8%, 12 months to date. Average lot sale price is $107,753. Most active region: Port Alberni (39 sales). Highest average price: Tofino ($825,000). FULL REPORT HERE.

Victoria - May 2017

467 single family homes have sold. Average price is $782,031 (up 14% from 12 months to date, this year over last). 21 lots sold & 402 condos sold. Single family unit sales volume is down 30%. Average days on market has decreased by 25% to 25 days. The average condo sells for $500,264. Condo unit sales are down 13.5% 12 months to date. Condos have seen a 49.5% decrease in days on market. Average days to sell is 23 days. Lot sales volume is down by 16%. Lot prices have decreased by 11% 12 months to date. Average lot sale price is $297,903. Most active region: Saanich East (101 sales). FULL REPORT HERE.


April 2017

Vancouver Island (not including Victoria) - April 2017

478 single family homes sold. Average price $419,850 (up 13% from 12 months to date, this year over last). 25 waterfront homes sold, 58 lots sold & 188 condos sold. Single family unit sales volume is up 7%. Average days on market has decreased by 30% to 41 days. The average condo sells for $274,055.Condo unit sales are up 12%, 12 months to date. Condos have seen a 29% decrease in days on market. Average days to sell is 62 days. Lot sales volume is up by 30%. Lot prices have increased by 9%, 12 months to date. Average lot sale price is $164,555. Most active region: Nanaimo with 139 sales; Highest average price: Parksville/Qualicum with $538,811. FULL REPORT HERE.

Nanaimo - April 2017

139 single family homes sold. Average price $470,182 (up 16% from 12 months to date, this year over last). 1 waterfront homes sold, 8 lots sold & 52 condos sold. Single family unit sales volume is up 5%. Average days on market has decreased by 39% to 24 days. The average condo sells for $291,967. Condo unit sales are up 16% 12 months to date. Condos have seen a 36% decrease in days on market. Average days to sell is 36 days. Lot sales volume is up by 35%. Lot prices have increased by 28% 12 months to date. Average lot sale price is $205,562. Most active region: North Nanaimo with 24 sales; Highest average price: North Jingle Pot with $623,000. FULL REPORT HERE.

Parksville/Qualicum - April 2017

73 single family homes sold. Average price $498,610 (up 16% from 12 months to date, this year over last). 7 waterfront homes sold, 7 lots sold & 26 condos sold. Single family unit sales volume is down 3%. Average days on market has decreased by 37% to 29 days. The average condo sells for $303,908. Condo unit sales are up 2% 12 months to date. Condos have seen a 35% increase in days on market. Average days to sell is 37 days. Lot sales volume is down by 42%. Lot prices have increased by 22% 12 months to date. Average lot sale price is $236,602. Most active region: Parksville with 28 sales; Highest average price: Fairwinds with $843,667. FULL REPORT HERE.

Cowichan Valley - April 2017

83 single family homes sold. Average price $399,298 (up 7% from 12 months to date, this year over last). 5 waterfront homes sold, 9 lots sold & 22 condos sold. Single family unit sales volume is up 11%. Average days on market has decreased by 35% to 39 days. The average condo sells for $256,888. Condo unit sales are up 6% 12 months to date. Condos have seen a 21% decrease in days on market. Average days to sell is 65 days. Lot sales volume is up by 111%. Lot prices have increased by 9% 12 months to date. Average lot sale price is $143,489. Most active region: Ladysmith with 18 sales; Highest average price: Mill Bay with $582,800. FULL REPORT HERE.

West Coast - April  2017

29 single family homes sold. Avg. price $260,415 (up 10% from 12 months to date, this year over last). 1 waterfront homes sold, 13 lots sold & 7 condos sold. Single family unit sales volume is up 15%. Average days on market has decreased by 43% to 56 days. The average condo sells for $239,385. Condo unit sales are up 56% 12 months to date. Condos have seen an 18% decrease in days on market. Average days to sell is 121 days. Lot sales volume is up by 47%. Lot prices have increased by 15% 12 months to date. Average lot sale price is $110,244. Most active region: Port Alberni with 23 sales; Highest average price: Ucluelet with $381,833. FULL REPORT HERE.

Victoria  - April 2017

403 single family homes sold. Avg. price $771, 921 (up 14% from 12 months to date, this year over last). 15 waterfront homes sold, 18 lots sold & 363 condos sold. Single family unit sales volume is down 31%. Average days on market has decreased by 24% to 27 days. The average condo sells for $451,755 Condo unit sales are down 12.5% 12 months to date. Condos have seen a 50.5% decrease in days on market. Average days to sell is 25 days. Lot sales volume is down by 19%. Lot prices have decreased by 22% 12 months to date. Average lot sale price is $258,298. FULL REPORT HERE.

March 2017

Vancouver Island  (not including Victoria)- March 2017

484 single family homes sold. Average price $415,003 (up 13% from 12 months to date, this year over last). 23 waterfront homes sold, 72 lots sold & 225 condos sold. Single family unit sales volume is up 15%. Average days on market has decreased by 32% to 42 days. The average condo sells for $269,316. Condo unit sales are up 20% 12 months to date. Condos have seen a 29% decrease in days on market. Average days to sell is 64 days. Lot sales volume is up by 41%. Lot prices have increased by 9% 12 months to date. Average lot sale price is $164,794. Most active region: Nanaimo (154 sales); Highest average price: Parksville/Qualicum ($521,542)FULL REPORT HERE. 

Nanaimo - March 2017

154 single family homes sold. Average price $464,405 (up 17% from 12 months to date, this year over last). 3 waterfront homes sold,17 lots sold & 83 condos sold. Single family unit sales volume is up 10%. Average days on market has decreased by 38% to 25 days.The average condo sells for $284,950. Condo unit sales are up 28%, 12 months to date. Condos have seen a 41% decrease in days on market. Average days to sell is 38 days. Lot sales volume is up by 54%. Lot prices have increased by 19%, 12 months to date. Average lot sale price is $197,022. Most active region: North Nanaimo (36 sales); Highest average price: North Jinglepot ($862,467). FULL REPORT HERE. 

Parksville/Qualicum - March 2017

79 single family homes sold. Average price $493,337 (up 17% from 12 months to date, this year over last). 2 waterfront homes sold, 2 lots sold & 35 condos sold. Single family unit sales volume is up 2%. Average days on market has decreased by 40% to 30 days. The average condo sells for $299,162. Condo unit sales are up 5%, 12 months to date. Condos have seen a 33% decrease in days on market. Average days to sell is 39 days. Lot sales volume is down by 31%. Lot prices have increased by 20%, 12 months to date. Average lot sale price is $231,454. Most active region: Parksville; Highest average price: Fairwinds ($954,667)FULL REPORT HERE.

Cowichan Valley - March 2017

69 single family homes sold. Average price $395,705 (up 7% from 12 months to date, this year over last). 8 waterfront homes sold,19 lots sold & 29 condos sold. Single family unit sales volume is up 23%. Average days on market has decreased by 39% to 40 days. The average condo sells for $254,014. Condo unit sales are up 8% 12 months to date. Condos have seen a 17% decrease in days on market. Average days to sell is 69 days. Lot sales volume is up by 109%. Lot prices have increased by 12%, 12 months to date. Average lot sale price is $144, 989. Most active region: Ladysmith (15 sales); Highest average price: Cowichan Bay ($602,975). FULL REPORT HERE.

West Coast - March 2017

36 single family homes sold. Average price $257,563 (up 9% from 12 months to date, this year over last). 1 waterfront homes sold, 16 lots sold & 7 condos sold. Single family unit sales volume is up 26%. Average days on market has decreased by 39% to 60 days. The average condo sells for $237,391. Condo unit sales are up 78%, 12 months to date. Condos have seen a 17% decrease in days on market. Average days to sell is 132 days. Lot sales volume is up by 42%. Lot prices have increased by 11%, 12 months to date. Average lot sale price is $116,197. Most active region: Port Alberni (31 sales); Highest average price: Ucluelet ($357,000)FULL REPORT HERE.

Victoria - March 2017

429 single family homes sold. Average price $773,504 (up 17% from 12 months to date, this year over last). 15 waterfront homes sold, 23 lots sold & 364 condos sold. Single family unit sales volume is down 24%. Average days on market has decreased by 20% to 30 days. The average condo sells for $445,394. Condo unit sales are down 10%, 12 months to date, with townhouses seeing the greatest decrease in units sold. Condos have seen a 51% decrease in days on market. Average days to sell is 27 days. Lot sales volume is down by 6%. Lot prices have decreased by 27%, 12 months to date. Average lot sale price is $233,481. Most active region: Saanich East (80 sales). FULL REPORT HERE.