Real Estate in Qualicum Beach, Parksville, and Nanoose Bay
Anchor Realty 113 West 2nd Avenue
Qualicum Beach, BC Canada
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Nanoose Bay • Parksville • Qualicum Beach Local News

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December 2018 Qualicum Beach Parksville Nanoose Bay Fairwinds & Area Real Estate Sales Market Snapshot - Part 1

Real Estate Market Snapshot for December 2018 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 December 2018 – 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. 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. At RE/MAX Anchor and RE/MAX First, our full-time REALTORS have the highest number of sales per REALTOR when compared to our local competition. Outstanding Agents…Outstanding Results.

A more balanced real estate market has emerged with less upward pressure on home prices. In December, the median sale price of a single family home in the local area was $537,500 (not including waterfront or acreages) with an average sale price of $647,375. On a year-over-year basis, the 12 month average sale price is up by 13% over the previous year to $620,389. As single family home prices increase, more buyers have looked to buy more affordable condos. For patio-home style of condos on a year-over-year basis, the 12 month average price is up 18% over the previous year to $444,376. For building lots, the 12-month average sale pricing was at $251,080. Building lots are scarce and current inventory is low.- See Part 2 - Click under above graph.


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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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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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