VIREB June Market Update in Around Town

July 23, 2020

Your Weekly Construction Briefing

According to the Vancouver Island Real Estate Board’s (VIREB) June Statistics, 479 single-family (SF) homes sold on the Multiple Listing Service® (MLS®) System compared to 246 the previous month and 406 in June 2019. 

The Vancouver Island Real Estate Board has released its monthly market update, showing a year-over-year increase in home sales. Learn more at Building Links

Year-over-year sales of apartments and townhouses increased by three per cent each. 

SF MLS ® Average $, Sold %

  • Comox Valley: $627,920, +35% last June
  • Campbell River:  $499,030, -2% last June
  • Port Alberni/West: $382,141, +68% last June
  • Parksville/Qualicum: $637,948, +38% last Jan

Inventory of single-family homes in June declined by 23% (1598 to 1224), apartment listings increased by 22 per cent (353 to 431), and townhouse inventory dipped by three per cent (189 to 183).  

Excerpts from VIREB Market Statistics

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