Courtesy of Melanie Peake

Parksville/ Qualicum

Nanaimo

AVERAGE SELL PRICE / UNIT 12 Months to Date

AVERAGE SELL PRICE / UNIT 12 Months to Date

$439,983 apartment DOWN 0.37% year-to-year $924,685 detached DOWN 4.99% year-to-year

$433,256 apartment DOWN 4.89% year-to-year $814,367 detached DOWN 10% year-to-year

2.07 MONTHS OF INVENTORY

3.48 MONTHS OF INVENTORY

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3

4

5

6

7

8

9

10

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Sellers Market

Balanced Market

Buyers Market

Sellers Market

Balanced Market

Buyers Market

54.61% SALES TO LISTING RATIO

38 DAYS ON MARKET

35 DAYS ON MARKET

75% SALES TO LISTING RATIO

76

152

units listed

units listed

57

83

sold

sold

LISTINGS

289

118

active

active

Statistics reflect market activity in August 2023 | 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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