Real Estate in Qualicum Beach, Parksville, and Nanoose Bay
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Qualicum Beach, BC Canada
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Qualicum Beach and Area Local News Archive

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Real Estate Market Update December 2019 Qualicum Beach Parksville Area Vancouver Island, BC

December 2019

Regionally: Parksville-Qualicum area saw its benchmark price increase by one per cent to $583,400.

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December 2019 Qualicum, Parksville and Nanoose Bay Market News Update. Real Estate, Vancouver Island.

Nancy Smith RE/MAX Anchor Realty

Board Wide: The Parksville and Qualicum area saw its benchmark price increase by around two per cent to $576,500.

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Real Estate Market Update September 2019 Qualicum Beach Parksville Area Vancouver Island, BC

September 2019

Specifically in September, the median sale price of single family homes was $568,500 with an average sale price of $618,565 (not including waterfront or acreages). This is about the same price as in July of 2018.

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Real Estate Market Update August 2019 Qualicum Beach Parksville Area Vancouver Island, BC

August 2019

The real estate market in the Qualicum Beach Parksville area over the spring/summer months has seen prices basically holding steady, with sales down a bit, it’s taking a little longer to sell & the number of listings are up, compared to the first half of last year. Yet it is interesting to note that about 30% of homes sell in the first week and about 50% within one month. The number of homes sold by the listing broker is down to 26% due to the new real estate rules which do not allow "double ending". Of the 531 single family homes that sold locally in the first 8 months of 2019, 68% sold for over $500K with 46 sales over $1M.

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Real Estate Market Update July 2019 Qualicum Beach Parksville Area Vancouver Island, BC

July 2019

The real estate market in the Qualicum Beach Parksville area over the spring/summer months has seen prices basically holding steady, with sales down a bit, it’s taking a little longer to sell & the number of listings are up, compared to the first half of last year.

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Real Estate Market Update June 2019 Qualicum Beach Parksville Area Vancouver Island, BC

June 2019

The real estate market in the Qualicum Beach Parksville area has fluctuated quite a bit during the early part of this year. It is interesting to note that for the month of June, 31% of homes sold in the first week and 61% within one month.

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Real Estate Market Update May 2019 Qualicum Beach Parksville Area Vancouver Island, BC

May 2019

The real estate market in the Qualicum Beach Parksville area has fluctuated quite a bit during the early part of this year. It is interesting to note that for the month of May 35% of homes sold in the first week and 62% within one month. The number of homes sold by the listing broker is down to 29% due to the new real estate rules which do not allow "double ending". There were 32 sales of homes in the area selling for over $1M and 45% of the single family homes sold were over $600K.

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Real Estate Market Update April 2019 Qualicum Beach Parksville Area Vancouver Island, BC

April 2019

The real estate market in the Qualicum Beach Parksville area has fluctuated quite a bit during the early part of this year. To get at the overall trends in the local market, I have summarized the sales figures over the first 4 months (Jan Feb Mar April) of 2019 & compared that to the same period in 2018. Tabulated results for 2019 show that average sale pricing for single family homes is down by just 1% to $620,406. It has been a somewhat slower spring market this year as the number of single family homes sold is down by 18%. It is taking longer to sell in this market as the days to sell is up by 38% to 40 days. In summary, prices are holding steady, sales are down a bit, it’s taking longer to sell & the number of listings are up.

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Real Estate Market Update March 2019 Qualicum Beach Parksville Fairwinds Nanoose Bay Deep Bay & Area Vancouver Island, BC

March 2019

The Qualicum Beach Parksville Nanoose Bay Fairwinds Bowser Deep Bay area real estate market has levelled out in terms of pricing and shifted to a more balanced market.

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Real Estate Market Update February 2019 Qualicum Beach Parksville Fairwinds Nanoose Bay Deep Bay & Area Vancouver Island, BC

February 2019

Real estate market sales in the Qualicum Beach Parksville Nanoose Bay Fairwinds & Area see a great gray wave of Boomers (more like a gray tsunami...) retiring to the region.

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Real Estate Market Update January 2019 Qualicum Beach Parksville Fairwinds Nanoose Bay Deep Bay & Area Vancouver Island, BC

January 2019

A balanced market trend has emerged with single family home sale and condo sale pricing having moderated somewhat. I am calling it a 'levelling off.' This bodes well for buyers!

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Real Estate Market Summary 2018

Shift to a More Balanced Market

The Qualicum Beach Parksville Nanoose Bay Fairwinds Bowser Deep Bay area real estate market has levelled out and shifted towards a more balanced market. Local home sales in 2018 were at a slower pace compared to 2017. The number of single family home sales dropped by 22% with sales dollars down by 11% compared to 2017. However, the overall average sale pricing of single family homes in 2018 was up by 13% compared to 2017.

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Real Estate Market Summary for 2017

Qualicum Beach Parksville Nanoose Bay Fairwinds Area of Vancouver Island, BC

The big real estate story throughout the year concerned increases in home prices within the Greater Vancouver area and the impact of foreign buyers. In BC, real estate seems to be the main topic of conversation second only to the weather.

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Real Estate Market Summary for 2016

Qualicum Beach Parksville Nanoose Bay Fairwinds Area of Vancouver Island, BC

Many changes occurred in 2016 affecting real estate in BC.

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