STATS ON BOWEN - February 2026

Looking first at pricing, the last twelve months (LTM) tell a steady but softening story. The average sale price sits at approximately $1.66 million, up modestly from $1.63 million the previous year, suggesting slight upward resilience despite wider regional declines. However, the MLS® Home Price Index (HPI) benchmark shows a -3.1 percent year-over-year shift, indicating that while headline prices remain elevated, underlying value has edged down. This gap reflects the influence of a few higher-end sales in a low-volume market.

Sales activity remains measured. Over the past year, 56 homes sold against 161 new listings, pointing to slower absorption and continued buyer selectivity. At the same time, average days on market have increased by roughly 8 percent year-over-year, reinforcing that homes are taking longer to sell and that pricing and presentation are increasingly critical.

Month-to-month data, as expected, is volatile. February 2026 recorded just 6 sales versus 10 new listings, with noticeable swings in both dollar volume and average price compared to prior periods. In a market of this size, these short-term shifts are less meaningful but do highlight how sensitive Bowen’s stats are to individual transactions.

Within the broader Metro Vancouver context, Bowen remains relatively steady. With a -3.1 percent HPI change, it sits near the middle of the pack, outperforming several municipalities that saw steeper declines. This suggests underlying stability even as the broader market adjusts.

The range of sale prices remains wide—from $650,000 to $3.8 million—with a median of $1.52 million. This spread reflects the diversity of Bowen’s housing stock and reinforces why averages require context.

Overall, the market appears stable. Buyers have gained some leverage, while sellers need precision and patience. The key takeaway is consistency over time: Bowen is finding balance rather than moving sharply in either direction.