Courtesy of Melanie Peake

Parksville/ Qualicum

Nanaimo

AVERAGE SELL PRICE / UNIT 12 Months to Date

AVERAGE SELL PRICE / UNIT 12 Months to Date

$441,637 apartment UP 26.68% year-to-year $973,639 detached UP 21.60% year-to-year

$455,742 apartment UP 24.38% year-to-year $905,289 detached UP 25.55% year-to-year

3.53 MONTHS OF INVENTORY

4.76 MONTHS OF INVENTORY

Sellers Market Buyers Market 0 1 2 3 4 5 6 7 8 9 10 Balanced Market

Sellers Market Buyers Market 0 1 2 3 4 5 6 7 8 9 10 Balanced Market

45.45% SALES TO LISTING RATIO

33 DAYS ON MARKET

33 DAYS ON MARKET

54.84% SALES TO LISTING RATIO

90

155

Units Listed

Units Listed

51

72

sold

sold

LISTINGS

343

180

active

active

Statistics reflect market activity in August 2022 | Source: Vancouver Island Real Estate Board | Market values stated are for homes in Zone 5 and Zone 4 respectively. 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.

Mobile: 250.954.0100 Toll Free: 1-877-661-4040 melanie@melaniepeake.com www.melaniepeake.com

The greatest compliment my clients can give me is the referral of family and friends!

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