Page 20 - Real Estate Now - November/December 2021

Townhouse Benchmark Price and Home Price Index

Benchmark Price by Time frame and Property Type
October 1 Month 3 Months 6 Months 12 Months 3 Years 5 Years
2021 Ago Ago Ago Ago Ago Ago
Vancouver Island - Townhouse $584,700 $578,500 $564,400 $508,400 $435,400 $398,000 $288,300
Zone 1 - Campbell River - Townhouse $477,000 $478,000 $465,700 $411,600 $345,300 $314,500 $225,600

Zone 2 - Comox Valley - Townhouse $573,900 $578,700 $568,700 $504,700 $427,000 $393,100 $276,400
Zone 3 - Duncan - Townhouse $581,200 $557,900 $566,800 $487,700 $437,900 $355,100 $272,900
Zone 4 - Nanaimo - Townhouse $522,200 $509,300 $492,700 $448,000 $406,700 $393,400 $283,700
Zone 5 - Parksville/Qualicum - Townhouse $769,100 $770,300 $730,300 $697,100 $539,800 $505,700 $360,600

Zone 6 - Port Alberni - Townhouse $322,500 $333,700 $310,300 $294,800 $222,300 $199,600 $151,200
Zone 7 - North Island - Townhouse $284,700 $294,400 $273,400 $261,500 $192,600 $169,000 $127,700

MLS Sales Summary - October 2021

Unit Sales Average Sale Price
Zone Oct Sept Oct % % Median
2021 2021 2020 Change Oct 2021 Sept 2021 Oct 2020 Change
Zone 1 - Campbell River 50 46 66 -24.24% $755,543 $716,856 $549,269 37.55% $683,500
Zone 2 - Comox Valley 68 69 71 -4.23% $872,184 $831,133 $664,926 31.17% $810,000
Zone 3 - Cowichan Valley 75 79 85 -11.76% $787,942 $783,383 $597,510 31.87% $716,214

Zone 4 - Nanaimo 97 131 154 -37.01% $899,108 $830,170 $630,590 42.58% $847,000
Zone 5 - Parksville/Qualicum 50 60 77 -35.06% $987,295 $900,522 $785,669 14.21% $870,000
Zone 6 - Port Alberni 30 46 45 -33.33% $548,413 $508,897 $447,233 22.62% $497,500
Board Totals 398 444 520 -23.46% $806,349 $776,758 $612,846 31.57% $762,500

20 | REAL ESTATE NOW | denise@BCislandhomes.ca