Real Estate in Qualicum Beach, Parksville, and Nanoose Bay
Anchor Realty 113 West 2nd Avenue
Qualicum Beach, BC Canada
(250) 667-0719
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Homes Listing Shortage

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The Buyers Are Looking, But the Sellers Are Not Interested

  • Photograph of Nancy Smith
  • Qualicum Beach REALTOR®
  • Published: Oct 19th, 2020 at 4:44 pm

Not much good news to add to our current real estate market. Latest listing numbers are at an all-time low, even with the increased building activity. Normal market listings range between 500 to 600 homes, but currently, today's (Oct 18/2020) listings TOTAL 315 units. Many of the homes currently on the market have languished for a number or reasons, the main one is location and ranchers are popular with our mature generation. With the construction of Berwick Retirement Home, which currently has a waiting list, this movement from homes to Berwick, inventory was quickly gobbled up. Under construction in Parksville is an even larger facility, and many new homes, apartments and condos are adding inventory, but not fulfilling the need for move-in ready ranchers in good locations. Contact me if you are planning to move into our area or change homes, and I will help you with all phases from market evaluation, market inventory and tips to ease the process. Thank you for visiting our website and if I can be of further assistance, I am just one phone call, email or message away.

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