Real Estate Market Stats for Vancouver Island (August 2014)
361 single family homes sold. Avg. price $337,664 (up 2% from 12 months to date, this year over last). 31 waterfront homes sold, 32 lots sold & 101 condos sold. Single family unit sales volume is up 11%. Average days on market has increased by 1% to 69 days. The average condo sells for $240,101. Condo unit sales are up 16% 12 months to date. Condos have seen a 22% increase in days on market. Average days to sell is 104 days. Lot sales volume is up by 19%. Lot prices have increased by 13%, 12 months to date. Average lot sale price is $134,384. Most active region: Nanaimo; Highest average price: Parksville/Qualicum.