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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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