Real Estate in Qualicum Beach, Parksville, and Nanoose Bay
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Qualicum Beach Parksville Area Real Estate Market Summary August 2019 - Part 1

Real Estate Market Snapshot for August 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 August 2019 – Click for Part 2:
Market Stats

The real estate market in the Qualicum Beach Parksville area over the spring/summer months has seen prices basically holding steady, with sales down a bit, it’s taking a little longer to sell & the number of listings are up, compared to the first half of last year. Yet it is interesting to note that about 30% of homes sell in the first week and about 50% within one month. The number of homes sold by the listing broker is down to 26% due to the new real estate rules which do not allow "double ending". Of the 531 single family homes that sold locally in the first 8 months of 2019, 68% sold for over $500K with 46 sales over $1M.

Over the past year, the real estate market has ‘levelled out’ in terms of pricing and has become more of a balanced market. At least for now, gone are the double digit price increases & unsettling multiple offers that we saw during 2015 – 2018. When all single family sales are combined during the previous 12 month period, the August sale price is the same as it was in July & August of 2018 at $610K. Note that it was in July of last year that single family home sale prices began to ‘level out.’

Locally, this is a small real estate market in a great locale.


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Real Estate Market Update July 2019 Qualicum Beach Parksville Area Vancouver Island, BC

July 2019

The real estate market in the Qualicum Beach Parksville area over the spring/summer months has seen prices basically holding steady, with sales down a bit, it’s taking a little longer to sell & the number of listings are up, compared to the first half of last year.

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Real Estate Market Update June 2019 Qualicum Beach Parksville Area Vancouver Island, BC

June 2019

The real estate market in the Qualicum Beach Parksville area has fluctuated quite a bit during the early part of this year. It is interesting to note that for the month of June, 31% of homes sold in the first week and 61% within one month.

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Real Estate Market Update May 2019 Qualicum Beach Parksville Area Vancouver Island, BC

May 2019

The real estate market in the Qualicum Beach Parksville area has fluctuated quite a bit during the early part of this year. It is interesting to note that for the month of May 35% of homes sold in the first week and 62% within one month. The number of homes sold by the listing broker is down to 29% due to the new real estate rules which do not allow "double ending". There were 32 sales of homes in the area selling for over $1M and 45% of the single family homes sold were over $600K.

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Real Estate Market Update April 2019 Qualicum Beach Parksville Area Vancouver Island, BC

April 2019

The real estate market in the Qualicum Beach Parksville area has fluctuated quite a bit during the early part of this year. To get at the overall trends in the local market, I have summarized the sales figures over the first 4 months (Jan Feb Mar April) of 2019 & compared that to the same period in 2018. Tabulated results for 2019 show that average sale pricing for single family homes is down by just 1% to $620,406. It has been a somewhat slower spring market this year as the number of single family homes sold is down by 18%. It is taking longer to sell in this market as the days to sell is up by 38% to 40 days. In summary, prices are holding steady, sales are down a bit, it’s taking longer to sell & the number of listings are up.

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