Real Estate Market Overview for Vancouver Island (April 2015)
450 single family homes sold. Avg. price $347,802 (up %4 12 months to date, this year over last). 37 waterfront homes sold, 40 lots sold & 149 condos sold. Single family unit sales volume is up 11%. Average days on market has increased by 2% to 69 days. The average condo sells for $240,390. Condo unit sales are up 10%, 12 months to date. Condos have seen a 3% decrease in days on market. Average days to sell is 95 days. Lot sales volume is up 7%, 12 months to date. Lot prices have increased by 9%, 12 months to date. Average lot sale price is $141,229. Most active region: Nanaimo; Highest average price: Parksville/Qualicum.