Vibrant Real Estate Market

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Sales Going Strong

  • Photograph of Tom Whitfield
  • Parksville Qualicum Beach REALTOR®
  • Published: Jun 13th, 2016 at 9:20 am

Sale pricing of single family homes over the first 5 months of 2016 is up by 10% with sale dollars of single family homes up by 63% over May of last year! Over the entire Vancouver Island Real Estate Board area, days to sell this May has been extraordinary with 30% of homes selling in just under 1 week and 54% of homes selling in under 4 weeks! The pricier homes have been selling fast too, as of the 23 homes that sold locally for over $1M since January, 52% have been sold in less than 2 weeks! Buyers have to act quickly or risk losing out.

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