VIREB February Market Update In Around Town
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According to the Vancouver Island Real Estate Board’s (VIREB) February Statistics, 417 single-family detached properties (excluding acreage and waterfront) sold on the MLS® System, a year-over-year increase of 56 per cent.
|SF MLS ®||Average Sale $||% Increase|
|Comox Valley||$741,996||+29% last Feb|
|Campbell River||$601,745||+16% last Feb|
|Port Alberni/West||$446,573||+7% last Feb|
|Parksville/Qualicum||$825,667||+18% last Feb|
In the condo apartment category, sales rose by 132 per cent year over year (56 to 130), while row/townhouse sales increased by 42 per cent (57 to 81). Low inventory continues to dampen sales and multiple offers continue to increase selling prices.
Source: VIREB Market Statistics
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