Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in December 2019.

Greater Victoria

“Overall, our market throughout 2019 can be characterized as still active, slow to grow and low in supply,” says 2019 Victoria Real Estate Board President Cheryl Woolley.

“Last year we saw many prospective buyers sit on the sidelines waiting for inventory to be added. As a result of this unmet demand, there was and continues to be a push from consumers to create townhomes and condos at accessible price points. We began 2019 discussing the potential impact of various taxes and lending rules introduced by the federal and provincial governments that were designed to calm housing market activity – although this activity had already begun to slow following our hyper-active market in 2016/17. The most impactful government change we saw was the tighter mortgage lending rules, which lowered consumer borrowing power and made many unable to qualify for the value of mortgages they had in the past, therefore compressing more demand into our mid- and lower-priced property market.”

In December 2019, there were 153 sales of single-family homes and 511 active listings in Greater Victoria. The benchmark sale price was $753,100.

In comparison, the Condo market had 121 sales and 453 active listings at the end of the month. The benchmark sale price was $510,800.

Townhome sales were 43, active listings were 157 and the benchmark sale price was $594,600.

It’s a seller’s market in Greater Victoria.

Parksville / Qualicum

Nanaimo

Looking for more information about the real estate market in specific neighbourhoods in Victoria, Parksville, Nanaimo, Vancouver Island and the Gulf Islands? 

Macdonald Realty has offices in downtown Victoria, Sidney, Parksville and on Salt Spring Island. Please email [email protected] or call 1-877-278-3888 to be matched with a REALTOR^® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS^® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Victoria Real Estate Board (VREB) www.vreb.org and the Vancouver Island Real Estate Board (VIREB) www.vireb.com. Market data from the VIREB includes listings and sales in Campbell River, Comox Valley, Cowichan Valley Nanaimo, Parksville/Qualicum, Port Alberni/West, North Island, and the Islands.

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in December 2019.

Whistler

In November 2019, Whistler had 3 sales of detached homes and 93 active listings. The benchmark sale price was $1,629,700.

The condo market had 20 sales and 93 active listings at the end of the month.  The benchmark sale price was $493,500.

Townhome sales were 8 sales, active listings were 55. The benchmark sale price was $951,500.

It’s a buyer’s market for homes and townhomes in Whistler.

Squamish

In November 2019, there were 13 sales of detached homes and 66 active listings in Squamish. The benchmark sale price was $977,900.

The condo market had 12 sales and 44 active listings at the end of the month.  The benchmark sale price was $486,500.

The townhome market had 9 sales and, the active listings were 15. The benchmark sale price was $732,300.

It’s a seller’s market for condos and townhomes in Squamish.

Sunshine Coast

In November 2019, Sunshine Coast had 32 sales of detached homes and 236 active listings. The benchmark sale price was $574,600.

The condo market had 4 sales and 55 active listings at the end of the month.

Townhome sales were 3 sales while active listings were 53.

It’s a buyer’s market in Sunshine Coast. 

Looking for more information about the real estate market in specific neighbourhoods in Squamish, Whistler, and Sunshine Coast? 

Macdonald Realty has offices in Squamish, Whistler, and Sunshine Coast.  Please email [email protected] or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in November 2019.

Whistler

In November 2019, Whistler had 13 sales of detached homes and 97 active listings. The benchmark sale price was $1,634,700.   

The condo market had 17 sales and 106 active listings at the end of the month.  The benchmark sale price was $499,300.   

Townhome sales were 20 sales, active listings were 65. The benchmark sale price was $940,700. 

It’s a buyer’s market for homes and condos.

Squamish

In November 2019, there were 17 sales of detached homes and 85 active listings in Squamish. The benchmark sale price was $979,400.   

The condo market had 12 sales and 63 active listings at the end of the month.  The benchmark sale price was $497,000.   

The townhome market had 16 sales and, the active listings were 32. The benchmark sale price was $708,300.

It’s a seller’s market for townhomes in Squamish.

Sunshine Coast

In November 2019, Sunshine Coast had 47 sales of detached homes and 302 active listings. The benchmark sale price was $588,000.   

The condo market had 2 sales and 50 active listings at the end of the month. 

Townhome sales were 8 sales while active listings were 61.

It’s a buyer’s market in Sunshine Coast.

Looking for more information about the real estate market in specific neighbourhoods in Squamish, Whistler, and Sunshine Coast? 

Macdonald Realty has offices in Squamish, Whistler, and Sunshine Coast.  Please email [email protected] or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org 

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in October 2019.

Squamish

In October 2019, there were 24 sales of detached homes and 100 active listings in Squamish. The benchmark sale price was $986,600.

The condo market had 24 sales and 73 active listings at the end of the month.  The benchmark sale price was $511,400.

The townhome market had 15 sales and, the active listings were 35. The benchmark sale price was $705,900.

It’s a seller’s market for condos and townhomes in Squamish.

Sunshine Coast

In October 2019, Sunshine Coast had 53 sales of detached homes and 353 active listings. The benchmark sale price was $598,300.

The condo market had 3 sales and 44 active listings at the end of the month.

Townhome sales were 4 sales while active listings were 64.

It’s a buyer’s market in Sunshine Coast.

Whistler

In October 2019, Whistler had 9 sales of detached homes and 104 active listings. The benchmark sale price was $1,659,200.

The condo market had 24 sales and 100 active listings at the end of the month.  The benchmark sale price was $503,700.

Townhome sales were 17 sales, active listings were 77. The benchmark sale price was $923,300.

It’s a balanced market for condos and townhomes.

Looking for more information about the real estate market in specific neighborhoods in Squamish, Whistler, and Sunshine Coast?

Macdonald Realty has offices in Squamish, Whistler, and Sunshine Coast. Please email [email protected] or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in September 2019.

Whistler

In September 2019, Whistler had 09 sales of detached homes and 109 active listings. The benchmark sale price was $1,644,800.

The condo market had 23 sales and 100 active listings at the end of the month.  The benchmark sale price was $492,400.

Townhome sales were 11 sales, active listings were 87. The benchmark sale price was $948,100.

It’s a buyer’s market for homes and townhomes.

Squamish

In September 2019, there were 22 sales of detached homes and 112 active listings in Squamish. The benchmark sale price was $975,200.

The condo market had 06 sales and 90 active listings at the end of the month.  The benchmark sale price was $491,600.

The townhome market had 12 sales and, the active listings were 45. The benchmark sale price was $720,500.

It’s a seller’s market for townhomes in Squamish.

Sunshine Coast

In September 2019, Sunshine Coast had 46 sales of detached homes and 395 active listings. The benchmark sale price was $594,900.

The condo market had 07 sales and 48 active listings at the end of the month.

Townhome sales were 05 sales while active listings were 66.

It’s a buyer’s market in Sunshine Coast.

 Looking for more information about the real estate market in specific neighborhoods in Squamish, Whistler, and Sunshine Coast?

Macdonald Realty has offices in Squamish, Whistler, and Sunshine Coast. Please email [email protected] or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org