Real Estate Market Overview for Vancouver Island (November 2015)
369 single family homes sold. Avg. price $355,773 (up 4% 12 months to date, this year over last). 37 waterfront homes sold, 66 lots sold & 136 condos sold. Single family unit sales volume is up 13%. Average days on market has decreased by 9% to 63 days. The average condo sells for $239,986. Condo unit sales are up 23%, 12 months to date. Condos have seen a 12% decrease in days on market. Average days to sell is 89 days. Lot sales volume is up 3%, 12 months to date. Lot prices have increased by 8%, 12 months to date. Average lot sale price is $148,987. Most active region: Nanaimo; Highest average price: Parksville/Qualicum. FULL REPORT HERE.