Real Estate Market Statistics for Vancouver Island (October 2014)
401 single family homes sold. Avg. price $341,756 (up 4% from 12 months to date, this year over last). 18 waterfront homes sold, 50 lots sold & 131 condos sold. Single family unit sales volume is up 10%. Average days on market has increased by 1% to 69 days. The average condo sells for $241,198. Condo unit sales are up 6% 12 months to date. Condos have seen a 16% increase in days on market. Average days to sell is 101 days. Lot sales volume is up by 24%, 12 months to date. Lot prices have increased by 14%, 12 months to date. Average lot sale price is $138,049. Most active region: Nanaimo; Highest average price: Parksville/Qualicum.