Most Recent Market Statistics (June 2023)*
Vancouver Island (not including Victoria) 424 single-family homes sold. Average price: $788,743 (down 5% from 12 months to date, this year over last). Single-family unit sales volume is down 25%. Average days on market increased by 96% to 45 days. The average condo sold for $405,056. Condo unit sales are down 38%, 12 months to date. Condos have seen a 55% increase in days on market. Average days to sell is 45 days. The average row/townhouse sold for $559,064. Row/townhouse unit sales are down 30% 12 months to date. Row/townhouses have seen a 80% increase in days on market. Average days to sell is 45 days. Lot sales volume is down 51%. Lot prices have decreased by 19%, 12 months to date. Average lot sale price: $429,910. FULL REPORT HERE.
Nanaimo 117 single-family homes sold. Average price: $818,056 (down 7% 12 months to date, this year over last). Single-family unit sales volume is down 33%. Average days on market has increased by 106% to 37 days. The average condo sold for $431,888. Condo unit sales are down 40%, 12 months to date. Condos have seen a 85% increase in days on market. Average days to sell is 37 days. The average row/townhouse sold for $547,366. Row/townhouse unit sales are down 37% 12 months to date. Row/townhouses have seen a 105% increase in days on market. Average days to sell is 39 days. Lot sales volume is down by 60%. Lot prices have decreased by 32%, 12 months to date. Average lot sale price: $498,942. FULL REPORT HERE.
Parksville/Qualicum 61 single-family homes sold. Average price: $916,663 (down 4% 12 months to date, this year over last). Single-family unit sales volume is down by 14%. Average days on market increased by 138% to 38 days. The average condo sold for $415,289. Condo unit sales are down 34%, 12 months to date. Condos have seen a 39% increase in days on market. Average days to sell is 32 days. The average row/townhouse sold for $636,615. Row/townhouse unit sales are down 22% 12 months to date. Row/townhouses have seen a 140% increase in days on market. Average days to sell is 36 days. Lot sales volume is down by 79%. Lot prices have increased by 12%, 12 months to date. Average lot sale price: $559,295. FULL REPORT HERE.
Cowichan Valley 88 single-family homes sold. Average price: $780,585 (down 6% from 12 months to date, this year over last). Single-family unit sales volume is down 21%. Average days on market increased by 135% to 51 days. The average condo sold for $336,687. Condo unit sales are down 28%, 12 months to date. Condos have seen a 218%% increase in days on market. Average days to sell is 47 days. The average row/townhouse sold for $556,510. Row/townhouse unit sales are down 26% 12 months to date. Row/townhouses have seen a 113% increase in days on market. Average days to sell is 49 days. Lot sales volume is down 31%. Lot prices have decreased by 27%, 12 months to date. Average lot sale price: $408,263. FULL REPORT HERE.
*waterfront homes are not included in the monthly statistics
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