Most Recent Market Statistics (February 2025)*

Vancouver Island (not including Victoria) 

239 single-family homes sold. Average price: $818,883 (up 2% from 12 months to date, this year over last). Single-family unit sales volume is up 1%. Average days on market increased by 7% to 48 days. The average condo sold for $424,780. Condo unit sales are down 3%, 12 months to date. Condos have seen an increase by 19% in days on market. Average days to sell is 56 days. The average row/townhouse sold for $584,985. Row/townhouse unit sales are up 14%, 12 months to date. Row/townhouses have seen an increase by 22% in days on market. Average days to sell is 56 days. Lot sales volume is up 2%. Lot prices have decreased by 2%, 12 months to date. Average lot sale price: $446,808. FULL REPORT HERE.

Parksville/Qualicum 

40 single-family homes sold. Average price: $962,770 (up 2% from 12 months to date, this year over last). Single-family unit sales volume is up 8%. Average days on market increased by 8% to 41 days. The average condo sold for $478,658. Condo unit sales are down 2%, 12 months to date. Condos have seen an increase by 21% in days on market. Average days to sell is 52 days. The average row/townhouse sold for $659,255. Row/townhouse unit sales are up 30%, 12 months to date. Row/townhouses have seen an increase by 44% in days on market. Average days to sell is 49 days. Lot sales volume is down 21%. Lot prices have decreased by 11%, 12 months to date. Average lot sale price: $547,998. .FULL REPORT HERE.. 

Cowichan Valley

50 single-family homes sold. Average price: $795,784 (No change from 12 months to date, this year over last). Single-family unit sales volume is up 4%. Average days on market increased by 13% to 58 days. The average condo sold for $348,357. Condo unit sales are down 12%, 12 months to date. Condos have seen a decrease by 8% in days on market. Average days to sell is 48 days. The average row/townhouse sold for $559,396. Row/townhouse unit sales are down 1%, 12 months to date. Row/townhouses have seen an increase by 7% in days on market. Average days to sell is 61 days. Lot sales volume is down 5%. Lot prices have increased by 15%, 12 months to date. Average lot sale price: $474,068. FULL REPORT HERE.