Real Estate Market Overview for Vancouver Island (December 2014)
299 single family homes sold. Avg. price $342,974 (up 4% from 12 months to date, this year over last). 25 waterfront homes sold, 30 lots sold & 90 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 $240,897. Condo unit sales are up 6% 12 months to date. Condos have seen a 13% increase in days on market. Average days to sell is 100 days. Lot sales volume is up by 14%, 12 months to date. Lot prices have increased by 14%, 12 months to date. Average lot sale price is $138,643. Most active region: Nanaimo; Highest average price: Parksville/Qualicum.