Unit Sales
Zone 1 - Campbell River (Jan 2012) 29 (Dec 2011) 25 (Jan 2011) 26 (12% Change)
Zone 2 - Comox Valley 44 27 44 (0% Change)
Zone 3 - Cowichan Valley 37 23 28 (32% Change)
Zone 4 - Nanaimo 62 57 55 (13% Change)
Zone 5 - Parksville/Qualicum 26 24 29 (-10% Change)
Zone 6 - Port Alberni/West 14 19 17 (18% Change)
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Board Totals 216 182 205 (5% Change)
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Average Sale Price
Zone 1 - Campbell River $298,584 $271,220 $293,836 (2% Change) (Median $275,000)
Zone 2 - Comox Valley $345,631 $364,422 $332,534 (4% Change) (Median $345,000)
Zone 3 - Cowichan Valley $350,821 $363,172 $320,752 (9% Change) (Median $349,000)
Zone 4 - Nanaimo $360,799 $332,400 $340,482 (6% Change) (Median $360,000)
Zone 5 - Parksville/Qualicum $341,696 $343,292 $386,328 (-12% Change) (Median $330,000)
Zone 6 - Port Alberni/West $208,033 $177,179 $200,226 (4% Change) (Median $327,000)
Board Totals $332,270 $315,239 $321,489 (3% Change) (Median $327,500)
Source: Multiple Listing Service ® (MLS®) sales data from the Vancouver Island Real Estate Board. Median Price: An actual sale at or immediately adjacent to the midpoint in a price group. In the case of an even number of sales, the median is the highest price in the lower half of that price group. If the total number of sales is an odd amount, the midpoint sale is taken to be the median (i.e. 9 sales, sale number 5 represents the median). Please Note: The Board Totals figures also include: Zone 7- North Island, Zone 9 - Out of Board Properties, and Zone 10- Islands figures which are not listed separately in this table.
Errington, Parksville - FORECLOSURE - REDUCED $50,000 - 1488 Station Road, a 2,875 sq. ft., 3 bath, 5 bdrm 2 story "Ground Level Entry". Now MLS® $369,000 - REDUCED $50,000!!.
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Bowser/ Deep Bay, Central Island - Affordable Ocean Views! 1,790 sq. ft., 2 bath, 3 bdrm single story "Rancher with walk-in crawl space". Now $349,000
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Coombs, Parksville - Announcing a price reduction on 1488 Station Road, a 2,875 sq. ft., 3 bath, 5 bdrm 2 story "Ground Level Entry". Now MLS® $390,000 - REDUCED $30,000!!.
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• 2,023 sq. ft., 2 bath, 3 bdrm single story - MLS® $469,000
Fairwinds, Nanoose Bay - "Sold As Is Where Is". This large Fairwinds rancher is priced to sell. Located just minutes from world class Fairwinds Golf Club, Schooner Cove Marina and soon to be constructed Quay. Just 15 mins. to either North Nanaimo Woodgrove Mall & big box stores or the amenities in Parksville and miles of glorius beaches. Features include Brazilian cherry hardwood flooring, 11 foot ceilings - coffered ceilings in dining room. Cherry wood cabinets & granite counter tops in large eat-in kitchen. Jetted tub, double sinks in master ensuite. Too many extras to list in this Walter Allen built home. Please allow a minimum of 24 hours notice for showing. All information and measurements approximate.
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January 3, 2012
NANAIMO, BC - Multiple Listing Service® (MLS®) sales summary data released by the Vancouver Island Real Estate Board (VIREB) shows that 2011 was a solid and stable year for Real Estate activity on Vancouver Island. Across VIREB's six zones average sales prices remained virtually unchanged from what they were in 2010. The 2011 average sales price for a home sold within VIREB's coverage area was $341,537, down incrementally from 2010's $343,324 average price.
"Stability in the market place is the word of the day," said outgoing VIREB President Jim Stewart. "Across the region the housing inventory remains stable. Homes that are priced competitively continue to sell. The opportunity for continued growth in 2012 is very strong, especially when compared to a lot of places in Canada."
Multiple Listing Service® (MLS®) statistics for December 2011 indicated a seasonal drop in sales activity for the month. Across the VIREB area there were 182 single family units sold in December, a decrease of 19% compared to December 2010 when 264 homes were sold. The average price of a single family home sold in December 2011 through the VIREB MLS® system was $315,239 down 6% from the $333,710 posted in December 2010.
However the MLS® stats also report that there were 5.5% more listings on the market in VIREB's coverage area then at the same point in 2010. Currently there are 2,022 single family homes listed on the MLS® system as compared to the 1,912 homes listed for sale at the end of December 2010.
"Because we have a good foundation in our Real Estate market this is a good time to get into the marketplace," explained VIREB President Guy Bezeau. "Price wise we're pretty much unchanged when compared to last year. Overall there is stabilized, cautious optimism for 2012."
Comparing December 2010 to December 2011, the average sale prices across VIREB's six zones saw: Campbell River drop 11% (to $271,220), the Comox Valley went up 13% (to $364,422), Nanaimo went down 7% (to $332,400), Parksville/Qualicum was down 9% (to $343,292), Port Alberni/West Coast was down 26% to $177,179 and the Cowichan Valley was down 1% (to $363,172).
VIREB represents approximately 1, 056 REALTOR® members in more than 85 member offices on Vancouver Island (north of Victoria).
VIREB cautions that average price information can be useful in establishing trends over time, but does not indicate the actual prices in centers comprised of widely divergent neighbourhoods or account for price differential between geographic areas.
every SUNDAY
Bingo - Fraternal Order of Eagles. Parksville Legion. Sundays 6 pm, 645 pm & 9 pm. 146 Hirst Ave.
FREE FAMILY SKATE - 12:15 pm, Runs to March 10 - Oceanside Place, Parksville
every MONDAY
TENNIS - SPRINGWOOD PARK 1 - 4pm daily Arrowsmith Tennis Club (250)248-5702 www.arrowsmithtennis.ca
IAIDO Art of Japanese sword - Taking new applicants. Monday evenings 8:30pm Forever Yung Dance Studio. (250) 248-5474
Q.B. Rotary Mondays at 6 pm, Rotary House on Fern/Beach Roads (250)752-7509
MORNINGSTAR FARM - Guided tours Cheeseworks/winery. Mon 11 am/ 2pm 403 Lowry Road, Parksville 250-954-3931
NANOOSE BAY HEARTS IN MOTION WALKING CLUB - meets Monday 8:30 PM Schooner Cove, Nanoose Bay 250-468-1880
BADMINTON CLUB - Mondays 7 - 9:30 pm Springwood School, Parksville 250-248-8857
BRADLEY CENTRE - Carpet bowling, Mon 10-11:30 am 250-248-9281
THE CHURCH OF LATTER DAY SAINTS' FAMILY HISTORY CENTRE - Open Mon 9 am to 4 pm and Tuesday evenings by appointment. 591 Arbutus St. Qualicum Beach - 250-752-2233
QB CRIBBAGE - 1st Monday of the month 7 pm Qualicum Beach Legion 250-752-2340
BC MASTERS SWIM - Monday evenings 8 - 9pm, Ravensong Aquatic Centre
EUCHRE - Parksville Legion 1:30 pm 250-248-6842
TOPS BC 4248 PARKSVILLE - 8:30 - 11am, St. Ann/St. Edmunds Church, Parksville
GENEALOGY FAMILY FIND - Mondays 9am to 4pm Church of Jesus Christ of Latter-Day Saints 591 Arbutus Road, Qualicum Beach, 250-752-2233
LIGHTHOUSE COMMUNITY CENTRE - Singing Mondays 7 - 9 pm 250-757-8977
ARBUTUS CLUB TOASTMASTERS - Mondays 7 - 9pm Parksville Community Centre - 250- 752-3066
QUALICUM BEACH BRIDGE CLUB - Bridge played Mon. at 6:45 pm, Qualicum Beach Civic Centre - 250-752-6490
every TUESDAY
PQ LINUX USERS GROUP - Meets 34d Tuesday, 6:30pm, Pacific Brimm Coffee & Tea, 123 Craig Street, Parksville
FIT TO MUSIC AEROBICS - Tues 6:15 - 7:15pm; Thursdays 5 - 6pm. Drop-in fee $5. 250-951-9886
QUALICUM BEACH NEWCOMERS - Meets 2nd Tuesday of month - 10:15 am, St. Stephen's United Church hall, 150 Village Way, Qualicum Beach
BACKYARD WILDBIRD & NATURE'S STORE - Weekly bird walk Tuesday mornings at 9 am Parksville 250-390-3669
AIR CADETS - 6:15 - 9pm Sept-June. Oceanside Middle School 250-586-7446
HISTORICAL SOCIETY - 2nd Tuesday month at 7:30pm Craig Heritage Park & Museum. Call Marg Leffler 250-248-3431
EVERYDAY PHILOSOPHY GROUP - each Tuesday, 10 am - noon The Meadows Hall (off Morison) 250-248-6176
*** CANCER SUPPORT GROUP - Meets 1st Tues. monthly at the Cancer Society Office 172 W 2nd Ave., Qualicum Beach at 7pm 250-954-3977
PARKSVILLE/QUALICUM BEACH PROSTATE CANCER SUPPORT GROUP - Meets 1st Tues. monthly, The Gardens, 650 Berwick N., Qualicum 7pm 250-752-7489 email: brook@shaw.ca
BELLYDANCING - Beginner & intermediate classes, 6 & 7:30pm 250-954-1050
TABLE TENNIS - Tues. 7pm, Qualicum Beach Community Hall 250-248-6158
EATING DISORDERS - OA GROUP - Meets Tues., 7:30 - 8:30 pm, Know United Church 250-248-2582 / 250-248-2719
QUALICUM BEACH PROBUS CLUB - 1st Tues of month, 9:15am St. Stephen's Church Hall
OCEANSIDE EMERGENCY SUPPORT SERVICES - 34d Tues. 10 am - noon Parksville Civic Centre 250-954-3411
BRADLEY CENTRE - Fitness 50 & over. Low impact aerobic at your pace 10am - 11:15pm 250-248-3161
ROTARY CLUB OF QUALICUM BEACH SUNRISE - Tues mornings 7am at Rotary House Fern Dr. and Beach Rd.
PQ MAC USERS GROUP OCEANSIDE - 2nd Tuesday month 7pm. The Forum, City Hall Parksville
every WEDNESDAY
MOOD DISORDER ASSOCIATION - Wed. 7 - 9pm 250-752-9178
EVERYVOICE SINGERS -Wed nights 7 - 9pm Erringon Hall 250-228-2467
PHOTOGRAPHY - Oceanside Photographers meets first Wednesday/month at Qualicum Beach Civic Centre at 7pm 250-752-8398
TIMBERLINE DANCE - Parksville Leion - 146 - W Hirst Street, 7:30 m No cover
SCOTTISH COUNTRY DANCING - Basic & social weekly classes. Qualicum Beach Community Centre - 250-954-0160
MT. ARROWSMITH RHODO SOCIETY - Every 2nd Wed./monthly at the Qualicum Beach Civic Centre
QUALICUM BEACH HEARTS IN MOTION WALKING CLUB - Meets on Wed and Fri at 8:30am 250-752-6007
NANOOSE BAY HEARTS IN MOTION WALKING CLUB - Meets Wed and Fri, Schooner Cove 8:30 am 250-468-1880
QUALICUM BEACH FAMILY HISTORY SOCIETY - Every 3rd Wed/month at Qualicum Beach Legion, 7pm
ELKS - Qualicum Beach Legion 2nd Wed (lunch) & last Wed (dinner) at 6:30pm each month. 250-248-4395 / 250-468-5555
FASD PARENT-TO PARENT SUPPORT GROUP - Caregivers of people affected by fetal alcohol spectrum disorder, Wed, 10am 250-752-6766 ext. 119
OS EMERGENCY SODIAL SERVICES - Introductory meetings Wed from 9:30 - 11:30 am 250-954-311 Email parksess@hotmail.com
NORTHWEST BAY PROBUS CLUB - meets 1st Wed month at St. Mary's Anglican, Powder Point Rd at 9:30 am 250-468-5529
EAGLECREST GARDEN CLUB - meets every 3rd Wed/month at Qualicum Bach Civic Centre 250-752-3662
AIR CAN. PIONAIRS COFFEE KLATCH - 34d Wed 10:30am Bayside Inn 250-752-3575
NANOOSE SENIORS - meeting at 11:30am for lundh at Nanoose Place on 2nd Wed of month
FLOOR CURLING - Afternoons Wed or Fri 250-248-6689
SINGING IN FRENCH - Nous Chantons every Wed 1:30 - 3:30pm
TOPS BC 851 - St. Stephen's Church, Qualicum Beach - Wed 4-6pm weekly
STORYTIMES - Wed at Qualicum Beach Library 250-752-6121 - Fridays at Parksville Library 250-248-3841
GRIEF SUPPORT GROUP - Every Wed at Knox United Church in Parksville 4 - 5 pm 250-248-3927
HAPPY WANDERERS TRAVEL CLUB - 4th Wed of month at 2pm 250-248-2670
OS COMMUNITY ARTS COUNCIL - art classes. Donation Wed 11 - 3pm 250-248-8185
JUNIOR TENNIS - Springwood Courts, 6:30 to 7:30pm 250-248-7359
every THURSDAY
NANOOSE BAY LIONS CLUB - New members most welcome. Meets at Nanoose Place, Northwest Bay Road, Nanoose Bay 2nd & 4th Thursdays at 7:00pm monthly (recessed during summer months) 250-927-0518
FITNESS 50 AND OVER - Bradley Centre 10 - 11:15 Low impact aerobic at your pace 250-248-3161
OS WOMEN'S BUSINESS NETWORK - meets 3rd Thurs /month Register online for our next meeting at www.owbn.ca
LA RCL NO. 211 BOWSER - meetings 1st Thurs/month 250-757-8666
LITTLE QUALICUM WOMEN'S INSTITUTE - Meets 2nd Thurs/month at Little Qualicum Hall, Centre Road, Qualicum Beach at 1:30pm 250-752-1542
MACULAR DEGENERATION SUPPORT GROUP - Meets last Thurs of month (except July-Aug) 1:30pm the Gardens, Qualicum Beach
QUALICUM BEACH LAWN BOWLING CLUB - Short Mat Bowling. Games start at 6:30pm. Bowl to rock & roll of 50's & 60's 250-752-0621
QUALICUM BEACH CORONATION STREET CLUB - meetings 2nd Thurs at the Qualicum Beach Legion at 2pm
OCEANSIDE COALITION FOR STRONG COMMUNITIES - Thurs. 5 pm Trillium Lodge 250-248-6592
BOWSER AFTER SCHOOL PROGRAM - 3:30 - 4:30pm at Wildwood Community Church 250-757-9596
MS GROUP - 3rd Thurs - monthly Main Floor, The Gardens 250 -738-0853
LIFERING SECULAR RECOVERY - Alcohol/drug recovery. Meets Thurs, 7:30pm S.O.S. 250-752-1052
RAINBOWS - Thurs evenings 76:45 to 7:45pm Know United Church 250-248-3927 Thurs Afternoons, Marilyn, 250-752-9335
LADIES POOL - New players welcome Starts 6:45pm - $2, Parksville Legion
LINUX USERS GROUP - 3rd Thurs/month, MacMillon Arts Centre http:..www.pqlug.org
FISH & GAME ASSOC. - every 2nd Thurs - 7:30 pm Qualicum Legion Hall
SHIFT IN ACTION - every 2nd & 4th Thurs, 6:30pm 250-954-1002
LADIES BRIDGE - Thurs afternoons, Marilyn 250-752-9335
every FRIDAY
NANOOSE BAY GARDEN CLUB - Meets at Nanoose Bay Library 1st Friday monthly at 1:15pm 250-468-2048
BOSTON PIZZA FAMILY DAY - Every Friday. Buy $5 kids Card anytime, 100% goes to charity & receive 5 FREE Kid's Meals.
CIRCLE EIGHTS - Square Dance Club dances 2nd & 4th Friday at St Stephen's Church, Village Way, Qualicum Beach. Rounds 7:30, squares 8pm 250-752-1542. Every 2nd Wed/monthly at the Qualicum Civic Centre 250-954-3411 Email parksess@hotmail.com
THE BREAKFAST CLUB - OBISNET - Every Friday 10am, White Spot
O.A.P.O. - Branch No. 49 meets at Lions Pioneer Village, 241 Molliet, Parksville
SAND DOLLARS SQUARE DANCING - 1st and 34d Friday each month, 7:30pm at the Bradley Centre 250-248-8756
QUALICUM BEACH CARPET BOWLERS CLUB - every Fri at 12:45 pm Qualicum Beach Civic Centre
QUALICUM BEACH WALKING CLUB - meets Fridays, 8:30am 250-752-6007
EATING DISORDERS - OA GROUP - Fridays 12-1pm Knox United Church 250-248-2582
OVEREATERS ANONYMOUS - Fridays & Tuesdays - 7:30-8:30pm 250-248-2582 or 250-248-2719
DISTRICT 69 STROKE RECOVERY - Fridays 11am at St. Columbia Church on Wembley Road, Parksville 250-752-9796
every FRIDAY
V.I. SCRAPBOOKER'S CLUB - Club meets 3rd Saturday monthly at Nanoose Place.
COLON CANCER SUPPORT GROUP - 1st Saturday each month - Cancer Society Office 172 W. 2nd Ave., Qualicum Beach 250-951-0425
RAVENSONG MASTERS SWIM CLUB - Saturdays 7 - 8am 250-248-9883
0S NAVY LEAGUE - 4th Sat. monthly Parksville Legion 250-752-6532
BOWSER CHESS CLUB - Meets Saturdays 11 am Legion Hall
North Qualicum, Qualicum Beach - The 2 story at 2971 Leon Road has been sold.
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Nanoose Bay Lions Club
Christmas Tree Chipping - By Donation
Sunday, January 8th, 2012 - 10:00 a.m. to 3:00 p.m. at Nanoose Place
If tree pickup is required please call Mike at 250-468-2368 or Phil at 250-468-9418
• 2,875 sq. ft., 3 bath, 5 bdrm 2 story "Ground Level Entry" - MLS® $420,000
Errington, Parksville - Sold "As Is Where Is". Large family home on 1.32 acres. Kitchen, dining room & family room all connected in an L-shaped layout. Features floor-to-ceiling, solid granite stone, woodburning fireplace. Large kitchen has centre island. This area is warmed by extensive use of cedar walls and post-and-beam support. Family room sliding doors open out to large rear yard deck. Rear yard has large high roof open stoage containment. Realtors - please call for sepcial instructions re showings.
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• other - MLS® $129,900
Bowser, Central East Coast Vancouver Island - WILDWOOD ESTATES - a newer subdivision in an expanding historic, seaside community. A level lot, boasting underground services, hydro, telephone, cable and water. Lot has been perced for required septic and building scheme is in place to protect your investment. Just minutes to amenities in Bowser, plus 15 minutes to boutique shopping/restaurants in the beautiful Village of Qualicum Beach. A short jaunt takes you to the big box stores and airport in Courtenay/Comox. Boaters will enjoy the convenience of Deep Bay Marina (launch & fuel) just 10 mins. away. Mid-island also lays claim to a variety of world class golf courses. Walking/biking trails abound and of course, there's Mt. Washington, (45 min.)which annually reports record snow falls - ideal for the winter sports enthusiasts. This half acre lot provides you with an opportunity to build your "Dream Home" at an affordable price (No HST)!
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Balanced conditions set to return to most Canadian housing markets in 2012, while residential values expected to once again set new records, says RE/MAX
Kelowna, BC (December 6, 2011) – Canadian residential real estate defied conventional logic and outperformed expectations in 2011, posting another solid year of housing activity virtually across the board. The trend is expected to carry forward into 2012 as Canadians continue to demonstrate their faith in homeownership, despite concerns over the European debt crisis and its impact on the global economy, according to a report released today by RE/MAX.
The RE/MAX Housing Market Outlook 2012 examined trends and developments in 26 major markets across the country. Eighty-eight per cent (23/26) anticipated average price increases by year-end 2011—with percentage hikes ranging from one to 16 per cent. The forecast for 2012 shows the upward trend moderating, but still ahead of 2011 figures. Overall home sales are expected to remain on par or ahead of last year’s levels in 85 per cent (22/26) of markets in 2011—including Saskatoon with a year-over-year percentage increase of 13 per cent and an eight per cent uptick in Calgary, Winnipeg, Hamilton-Burlington and Sudbury. Almost half of Canadian markets will match the 2011 performance, while the remainder should post increases ranging from one to five per cent next year.
By year-end, an estimated 460,000 homes are expected to change hands, up three per cent from the 447,010 units reported in 2010. Sales are expected to climb one per cent to 464,500 units in 2012. The value of a Canadian home is set to climb to $363,000 by year-end—an increase of seven per cent over the $339,030 posted one year ago. By year-end 2012, the average price in Canada is forecast to appreciate two per cent to $371,000.
“What 2011 proves is that real estate continues to have momentum,” says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada. “The economic underpinnings support ongoing demand, particularly as job creation efforts continue and unemployment rates edge down further. Nationally, we remain on an upward track, and the confidence consumers have demonstrated in housing over the past decade will prove well founded once again next year. The rising belief in homeownership is key, especially among Generation X and Y—some of whom are making their moves sooner. Boomers and retirees are changing, too. They’re healthier and more active, with longer life expectancy. Overall, we’re seeing an extension of the homeownership cycle, and it’s great news for housing going forward.”
Improvement in both provincial and local economies, especially during the second half of 2012, should serve to further stimulate homebuying activity. Calgary, Saskatoon, and Halifax-Dartmouth will likely lead the country in unit sales in 2012, each with a projected increase of five per cent. Regina, Greater Toronto, Saint John, Moncton, and St. John’s anticipate a three per cent increase in home sales next year.
“Canadian consumers are intent on making their moves now, in advance of higher housing values,” says Michael Polzler, Executive Vice President, RE/MAX Ontario-Atlantic Canada. “Housing markets are not impervious to the impact of economic concerns moving forward, but real estate has proven its resilience time and again—2011 was case in point, as residential real estate markets actually experienced an upswing in the volatile third and final quarters, instead of responding to economic concerns both here and abroad with a retreat in sales and prices.”
While tighter supply levels contributed to steady price appreciation in most major markets across Canada this year, an increase in inventory more in line with years previous should ease upward pressure on average price in the year ahead. The highest appreciation is expected in Regina, where values are forecast to increase eight per cent, followed by Greater Toronto, Halifax-Dartmouth, and St, John’s—each posting a five per cent gain. Overall, 81 per cent of the markets examined are forecast to set new records for average price next year. Noteworthy milestones include Greater Vancouver, which will break the $800,000 threshold, as well as Regina and Kitchener-Waterloo, which will reach the $300,000 mark.
“While prices will remain on the upswing, buyers will benefit from greater selection moving forward,” says Sylvain Dansereau, Executive Vice President, RE/MAX Quebec. “Stability or modest growth will characterize sales activity, while GDP moves forward at a more muted pace in 2012. Whether markets will meet or potentially exceed projections will hinge largely on consumer confidence. An unexpected call for interest rate hikes could also serve to bolster sales.”
Other highlights include:
- Population growth and immigration are major factors expected to prop-up housing demand and household formation in the coming years. Since 2000, Canada’s population has experienced double-digit growth of 11 per cent. By 2031, over 42 million people are expected to call Canada home.
- Investment will also continue in Canada’s major centres, with income producing properties at the top of the most wanted list. Low vacancy rates and stock market volatility reinvigorated this segment of the market in 2011 and the very same factors are forecast to influence sales moving forward.
- Condominiums are expected to gain an increasing share of the marketplace, particularly in Western Canada and Ontario. A focus on higher density urban growth is impacting purchasing patterns and introducing new, affordable options—critical to the attainability of homeownership as price continue to move upward.
- Housing stock in major Canadian centres will improve as municipalities focus on redevelopment and revitalization
December 1, 2011
NANAIMO, BC - Multiple Listing Service® (MLS®) sales summary data released by the Vancouver Island Real Estate Board (VIREB) for November 2011, shows there were 264 single family units sold in November, a decrease of 3% compared to November 2010. The average price of a single family home sold in November 2011 through the VIREB MLS system was $332,438 down an identical 3% from the $344,106 posted in November 2010 - but up marginally from the $325,308 average price recorded in October 2011.
The MLS® stats also report that there were 5% more listings on the market in VIREB's coverage area then at the same point in 2010. Currently there are 2,417 single family homes listed on the MLS® system as compared to the 2,321 homes listed for sale at the end of November 2010.
VIREB President Jim Stewart says; "We are definitely seeing a levelling of the Real Estate market but that means there are some great opportunities for buyers. Good properties, properly priced properties are moving. It's always important to talk with your REALTOR® for the latest information on the marketplace. Now is an especially important time to rely on their expertise."
"I think what we're really seeing is what could only be called a normal market," explained VIREB President Elect Guy Bezeau. "We're not seeing any radical increases, and with historically low mortgage rates there has never been a better time to get into home ownership."
For the 12-month period from the end of November 2010 to November 2011, average sale prices across VIREB's six zones saw: Campbell River jump by 10% (to $283,562), the Comox Valley went up 3% (to $348,704), Nanaimo increased 4% (to $361,210), Parksville/Qualicum dipped 15% (to $364,505), Port Alberni/West Coast went down 16% to $205,088 and the Cowichan Valley was down 3% (to $351,212).
VIREB represents approximately 1,070 REALTOR® members in more than 85 member offices on Vancouver Island (north of Victoria).
North Qualicum, Qualicum Beach - on 2971 Leon Road, a 1,300 sq. ft., 2 bath, 3 bdrm with unauthorized accomodation. Now $237,000 - Look & Compare
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SOUTH FACING OCEANFRONT LOT 17 MARINA WAY - BEACHCOMBER, NANOOSE BAY - REDUCED! CHECK & COMPARE VALUE
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