Robust Real Estate Market

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Vibrant Sales Continue Through June

  • Photograph of Tom Whitfield
  • Parksville Qualicum Beach REALTOR®
  • Published: Jul 5th, 2016 at 7:34 pm

Sale pricing of single family homes over the first 6 months of 2016 is up by 12% with sales volume expressed as overall dollars is up by 43% over the first 6 months of last year! For Vancouver Island June sales, the number of days to sell has been very fast with 30% of homes selling within 1 week and 52% of homes selling in 4 weeks! The more expensive homes have been selling quickly too. Of the 28 single family homes that have sold locally for over $1M so far this year, 60% have sold in under 2 weeks!. Buyers have to act fast or risk losing out. Here, we are only an hour and a half ferry ride or a 25 minute plane ride away from the big city of Vancouver for those who want to visit family and friends. Couple that with being 2 hours away from Victoria and Tofino plus being within a stone's throw from the enchanting Gulf Islands for day trips, makes this a highly desirable place to move to... Call Tom.

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