Local Real Estate Summary to the End of February 2017
The average days to sell a single family home here during the month of February was 24 days compared to 30 days a year ago...faster by 20%. The list to sell ratio of 99% compares to 97% of last February. Some well-priced homes are still selling within a couple of days though and often with multiple offers. The market picked up in February though with sales of single family homes increased by 12% and sales dollars up by 20% over February of last year. Our coastal weather patterns have almost returned to normal and golfers can once again 'hit the links'. Overall though, the weather is about 1 month behind normal for this time of year. In 2016, we saw a large increase in the number of people 'cashing out' from what was an extremely heated Lower Mainland market and buying over here. For many, it's time to escape that crazy Lower Mainland traffic. The difference in real estate pricing between here and there is huge! Sell there if you can and buy here for much less. That's the big win! Plus the quality of life here is so very good. Hiking and biking trails are everywhere and it's a golfers and gardeners paradise here! Events in our local small towns wouldn't be what they are without the level of enthusiastic volunteerism that exists. So come join in and get involved! 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 while perhaps taking in some of those world-class city amenities. Couple that with being a 2 hour drive from Victoria or Tofino and being located within a 'stone's throw' from the enchanting Gulf Islands and Discovery Islands for day trips, makes this a highly desirable place to retire to and enjoy life. That's the really big win! Call Tom!
Monthly home pricing market trends reports covering each month back to 2006.
Download all the information you need on home pricing trends for Nanoose Bay, Parksville, and Qualicum Beach and area in a single PDF, found below.
Monthly home sales reports covering each month back to 2006.
Whether buying or selling, refer to up-to-date monthly property sales information for Nanoose Bay, Parksville, and Qualicum Beach and area during the past year.