Monthly Market Update
Kirk Walper
Between April 2019 and April 2023, single family home prices across the Parksville Qualicum Beach area rose to record levels, rising by a record of 41% to an average sales price of $986,511 today, even though year over year prices are down 14.9% from peak 2022 levels.
2023 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market.
My monthly market update showcases everything you need to know about local real estate trends over the last month.
May Market Update for Parksville Qualicum Beach
154
New Listings
305
Active Listings
91
Under Contract (Pending)
113
Closed + Pending Sales
Homes Sold
97.7%
Sale-to-List Price
$780,000
Median Sales Price (all)
2.7
Months of Supply
23
Average Days on Market
-9.7%
Year Over Year Price Change
Curious about how your home's value has changed?
I will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.