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According to the Vancouver Island Real Estate Board’s (VIREB) January Statistics, a total of 286 single-family detached properties (excluding acreage and waterfront) sold on the MLS® System compared to 172 the previous year and 302 in December 2020.
In the condo apartment category, sales rose by 46 per cent year over year. Row/townhouse sales increased by 75 per cent from the previous year. Low inventory – the lowest on record – continues to plague buyers with multiple offers around 50% of the time.
SF MLS ® | Average Sale $ | $ Increase |
Comox Valley | $667,792 | +14% last January |
Campbell River | $540,970 | +11% last Jan |
Port Alberni/West | $444,545 | +19% last Jan |
Parksville/Qualicum | $706,037 | +10% last Jan |
Source: VIREB Market Statistics
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