The Vancouver Island Real Estate Board (VIREB) recorded 768 unit sales board-wide (all property types) in May, down one per cent from a year earlier. In contrast, unit sales board-wide for Powell River Sunshine Coast Real Estate Board (PRSCREB) totaled 32 units in May 2026. This was down by 8.6% (three sales) from May 2025.
Active listings in the VIREB service area were up three per cent from May 2025 while the board-wide benchmark price also changed minimally with a one- to two- percent change from last year. For PRSCREB, active residential listings numbered 230 units, a substantial decrease of 17.9% from the end of May 2025. The PRSCREB board-wide benchmark price was $562,100 in May 2026, down modestly by 2.4% compared to May 2025.
The PRSCREB benchmark price for single-family homes was $576,400, a minor decrease of 2.2% on a year-over-year basis in May. By comparison, the benchmark price for apartment units was $342,600, falling by 9.2% compared to a year earlier.
The VIREB board-wide benchmark price (MLS® Home Price Index) of a single-family home was $791,600 in May 2026, down one per cent from one year ago. In the apartment category, the benchmark price was $407,700 last month, up one per cent year over year. Finally, the benchmark price of a townhouse in May was $553,200, down two per cent from one year ago.
| SF MLS ® | Average Sale $ | $ Change |
| Comox Valley: | $952,502 | down 2.97% from last May |
| Campbell River: | $737,649 | up 0.14% |
| Port Alberni/West: | $567,419 | down 14.2% |
| Powell River: | $589,713 | down -19.5% |
Comparing May 2026 to May 2025, single-family home sales in Campbell River decreased from 47 to 29, and in the Comox Valley from 68 to 65. Conversely, Port Alberni-West Coast sales increased from 30 to 35. In Powell River, sales decreased from 37 to 32, while days on market increased from 66 to 97.
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