Real Estate in Qualicum Beach, Parksville, and Nanoose Bay
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Qualicum Beach, BC Canada
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February 2019 Qualicum Beach Parksville Nanoose Bay Fairwinds & Area Real Estate Sales Market Snapshot - Part 1

Real Estate Market Snapshot for February 2019 of the Qualicum Beach Parksville Nanoose Bay Fairwinds & Area Single Family Home Sale Pricing This is the Qualicum Beach Parksville Nanoose Bay Fairwinds & Area Real Estate Market Snapshot of Home Sales Pricing for February 2019 – Click for Part 2:
Market Stats

The Qualicum Beach Parksville Nanoose Bay Fairwinds Bowser Deep Bay area real estate market has levelled out and shifted towards a more balanced market. Using the 12 month year-over-year data, the number of single family home sales dropped by 24% with sales dollars down by 17%. However, the overall average sale pricing of single family homes was up by 10% over the 12 month period.

A more balanced real estate market has emerged with less upward pressure on home prices. In February, the median sale price of a single family home in the local area was $530,000 (not including waterfront or acreages) with an average sale price of $605,158. This is down by 4% compared to February of 2018. In February, the patio-home style of condo average price was $445,222 while apartment style was $264,871 and townhomes averaged $443,167. No building lots were sold in February and current inventory is low.- See Part 2 - Click 'Market Stats' under above graph.


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Real Estate Market Update January 2019 Qualicum Beach Parksville Fairwinds Nanoose Bay Deep Bay & Area Vancouver Island, BC

January 2019

A balanced market trend has emerged with single family home sale and condo sale pricing having moderated somewhat. I am calling it a 'levelling off.' This bodes well for buyers!

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Real Estate Newsletter January 2019 Qualicum Beach Parksville Nanoose Bay & Area Vancouver Island, BC

2018 Real Estate Summary & Outlook for 2019

The Qualicum Beach Parksville Nanoose Bay Fairwinds Bowser Deep Bay area real estate market in 2018 started to cool off after a spectacular run that began in 2016.

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Real Estate Market Qualicum Beach Parksville & Area Levelling Out December 2018

Shift to a More Balanced Market

The Qualicum Beach Parksville Nanoose Bay Fairwinds Bowser Deep Bay area real estate market has levelled out and shifted towards a more balanced market. Local home sales in 2018 were at a slower pace compared to 2017. The number of single family home sales dropped by 22% with sales dollars down by 11% compared to 2017. However, the overall average sale pricing of single family homes in 2018 was up by 13% compared to 2017.

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Qualicum Beach Parksville Fairwinds Nanoose Bay & Area Real Estate Market Newsletter September 2018

Up to Date Information & Insight into the Qualicum Beach Parksville Fairwinds Nanoose Bay & Area Real Estate Market

More of a balanced real estate market has emerged over the summer.

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