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Red Hot Real Estate Market This Spring

Home > Market News > Tom’s Blog > Red Hot Real Estate Market This Spring

Sizzling Sales

  • Photograph of Tom Whitfield
  • Parksville Qualicum Beach REALTOR®
  • Published: May 3rd, 2016 at 3:24 pm

Real estate sales pricing of single family homes over the first 4 months of 2016 in the Qualicum Beach Parksville area is up by 8% as compared to this time last year. Sales volume is up by a whopping 45% with days to sell down considerably to 25 as compared to 57 days last year. The number of available listings in all types of properties is way down by about 30%, 50% and 70% for single family, lots and condos respectively. Coupled with high demand this makes it a seller's market. Buyers have to move quickly on a selected property or risk losing out.

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