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Real Estate Market Overview for Vancouver Island (February 2015)


282 single family homes sold. Avg. price $345,436 (up 4% 12 months to date, this year over last). 13 waterfront homes sold, 31 lots sold & 94 condos sold. Single family unit sales volume is up 7%. Average days on market has decreased by 1% to 69 days. The average condo sells for $240,949.33. Condo unit sales are up 9%, 12 months to date. Condos have seen a 9% increase in days on market. Average days to sell is 101 days. Lot sales volume is up by 9%, 12 months to date. Lot prices have increased by 9%, 12 months to date. Average lot sale price is $140,057. Most active region: Nanaimo; Highest average price: Nanaimo.

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