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Real Estate Market Overview for Vancouver Island, September 2015

431 single family homes sold. Avg. price $354,825 (up 4% 12 months to date, this year over last). 32 waterfront homes sold, 27 lots sold & 154 condos sold. Single family unit sales volume is up 15%. Average days on market has decreased by 8% to 63 days. The average condo sells for $239,993. Condo unit sales are up 24%, 12 months to date. Condos have seen a 15% decrease in days on market. Average days to sell is 89 days. Lot sales volume is up 0%, 12 months to date. Lot prices have increased by 10%, 12 months to date. Average lot sale price is $148,584. Most active region: Nanaimo; Highest average price: Parksville/Qualicum. FULL REPORT HERE.

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