During the 12 months of 2021 on Bowen Island, the Average Sale Price increased 25.0 per cent, the Median Sale Price increased 11.4 per cent, and the MLS® HPI or benchmark price increased 33.7 per cent. Dollar...
Following the trend of the last few months, year-over-year number of sales and inventory levels were down significantly in the month of November by -60.0 and -50.0 percent respectively, while year-to-date and year-over -year dollar volumes were up 8.7 and 1...
The upward trend in detached home prices on Bowen Island continued to slow. The Year-over-year Average Sale Price in October compared to September was 0.5 per cent and the Median Sale Price changed 0.6 per cent. The YoY MLS® Home Price Index in October compared to Septe...
The third quarter of 2021, July through September, registered the least number of sales since 2012, with only one-third compared to Q3 2020 and less than half compared to Q3 2019. Inventory in the first three quarters of 2021was the lowest in 10 years for Q1-Q3. At the sam...
Number of sales and dollar volume of sales down in August
Coming out of the slowest July and August since 2012, the third quarter of 2021 is shaping up to be the slowest in 9 years, and without new inventory, the 4th quarter will follow this trend.
Property sales were slow on Bowen with just 2 s...
The number of sales and the dollar volume of sales for the month of July 2021 was a record low compared to the same month over the last 10 years. Typically, the market slows during the summer months as many buyers are on vacation, and this year the slow-down was exacerba...