Real Estate Market Overview for Vancouver Island (June 2015)
636 single family homes sold. Avg. price $351,488 (up 5% 12 months to date, this year over last). 35 waterfront homes sold, 56 lots sold & 176 condos sold. Single family unit sales volume is up 13%. Average days on market has decreased by 4% to 66 days. The average condo sells for $239,585. Condo unit sales are up 12%, 12 months to date. Condos have seen a 7% decrease in days on market. Average days to sell is 95 days. Lot sales volume is up 15%, 12 months to date. Lot prices have increased by 8%, 12 months to date. Average lot sale price is $145,313. Most active region: Nanaimo; Highest average price: Parksville/Qualicum.