Courtesy of Mary-Ann Kennedy

MARKET SLOWER THAN IN JULY BUT STILL AHEAD OF LAST YEAR

PARKSVILLE-QUALICUM

$530,300 apartment UP 4.3% year-to-year

$925,800 detached UP 1.0% year-to-year

$637,000 townhouse DOWN 0.1% year-to-year

BENCHMARK PRICES

57 TOTAL SOLD LISTINGS

Nanaimo, September 2, 2025 - The Vancouver Island Real Estate Board (VIREB) recorded 692 unit sales (all property types) in August 2025, up six per cent from one year ago. Year-over-year active listings (all property types) were 4,405, down three per cent from the previous year. Active listings of single-family homes were 1,424 last month compared to 1,564 in August 2024. VIREB’s inventory of condo apartments was 396 in August, down from the 437 listings posted one year ago. There were 355 row/townhouses for sale last month compared to 364 in August 2024. VIREB Chair Olivier Naud notes that VIREB’s housing market is in the mid-range of balanced, with approximately six months of inventory. “August was slower than July, but that’s typical with back to school on the horizon,” says Naud. “However, sales were up from the previous August, and our market is proving to be resilient. There is pent-up demand but still some hesitancy that we attribute to ongoing tariff concerns.” The Parksville Qualicum area saw its benchmark price increase by one per cent to $925,800. Stats Reflective of August 2025 | Source: Vancouver Island Real Estate Board | Market values stated are of the benchmark of Parksville-Qualicum. Individual home market values will vary and are affected by factors such as location, size, interior and exterior condition. Please call to get an up-to-date evaluation of your home.

Call me with all your real estate needs and questions.

Mary-Ann Kennedy Real Estate Agent, REALTOR ® Office 250.248.4321 | Cell 250.616.2332 maryann@maryannkennedy.ca maryannkennedy.ca

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