Courtesy of Melanie Peake

Parksville/ Qualicum

Nanaimo

AVERAGE SELL PRICE / UNIT 12 Months to Date

AVERAGE SELL PRICE / UNIT 12 Months to Date

$463,802 apartment UP 5.41% year-to-year $972,995 detached UP 5.15% year-to-year

$444,840 apartment UP 2.62% year-to-year $833,390 detached UP 2.42% year-to-year

4.42 MONTHS OF INVENTORY

4.46 MONTHS OF INVENTORY

0

1

2

3

4

5

6

7

8

9

10

0

1

2

3

4

5

6

7

8

9

10

Sellers Market

Balanced Market

Buyers Market

Sellers Market

Balanced Market

Buyers Market

48.84% SALES TO LISTING RATIO

45 DAYS ON MARKET

49 DAYS ON MARKET

56.18% SALES TO LISTING RATIO

89

172

units listed

units listed

50

84

sold

sold

LISTINGS

375

221

active

active

Statistics reflect market activity in August 2024 | 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!

Privacy Disclosure: We respect your privacy. The sponsor indicated on the front panel provides a complimentary subscription of this publication to you, a valued client. If at any time or for any reason you do not want to receive this publication, please contact the sponsor using any of the contact info on the front panel, and your personal information will be removed from the mailing list immediately. Without response to this cancellation offer, we assume your implied consent and permission to continue provision. Disclaimer: This publication is distributed for the purpose of information only. It is not intended to solicit buyers or sellers currently under contract by a real estate firm or under contract with another Broker or Mortgage Specialist, nor is it intended to cause or induce breach of any existing agreement. Distributed by: dmsmarketing.ca Copyright© 2024 All Rights Reserved / Printed on recyclable material. The trademarks REALTOR ® , REALTORS ® and the REALTOR ® logo are controlled by CREA and identify real estate professionals who are members of CREA.