The latest real estate statistics are out from VIREB (Vancouver Island Real Estate Board) and the selling market continues to be stronger than 2013. In summary the number of sales of single family homes in the greater Parksville – Qualicum Beach region for April are up 18% (31% for the first 4 months of the year) while current inventory is down 15%.
It is important to look at all aspects of the market and the variety of statistics before making a decision as different areas and different styles of real estate have different activities in the current market, examples are:
Apartment condo inventory is up 43%;
Median sale price in greater region is $363,000 while in Parksville itself it is $327,000
Contact us, or your personal REALTOR, if you would like more detailed statistics as it is important to make informed decisions.