Real Estate Market Overview for Vancouver Island (January 2015)
196 single family homes sold. Avg. price $346,210 (up 5% 12 months to date, this year over last). 6 waterfront homes sold, 16 lots sold & 76 condos sold. Single family unit sales volume is up 9%. Average days on market has increased by 0% to 69 days. The average condo sells for $243,473. Condo unit sales are up 5% 12 months to date. Condos have seen a 9% increase in days on market. Average days to sell is 99 days. Lot sales volume is up by 12%, 12 months to date. Lot prices have increased by 13%, 12 months to date. Average lot sale price is $139,002. Most active region: Nanaimo; Highest average price: Gulf Islands.