Happy New Year!
Below are stats form Vancouver Island Real Estate Board(VIREB). Prices have been falling for the last couple months in the North end,(-4% in December), but the last 3 years and you can see there has been a nice increase in average sale of single family homes. So although prices have been going up for the last 3 years, we have likely seen the peak and prices are starting to come down or stabilize. As a REALTOR® I have access to tools and market analytics that are valuable when evaluating properties. That paired with local market knowledge allows me to determine an optimal price for real estate. Please contact me if you are interested in the selling or purchasing here in Gold River or North end of the island. If you are curious about other markets on Vancouver Island I can compile that information for you as well. Take Care~ Dawn Dakin 250 203 6512
As you can see from the chart below, most of the areas on Vancouver Island are showing a decrease in number of sales. What you should note is that if you are looking at the Gold River market, you will need to look at the last line. Our zone(Zone 7) is not represented because we don’t have enough sales to have our own stats, so we are represented in Board Totals. You will see that Unit Sales have decreased by 7%. You will also see that Average Sale Price has increased by 4%. It is my opinion that Gold River is still attractive to outsiders because the housing is still very affordable and if I’ve said it once I’ll say it a thousand times…Gold River is paradise! With our pristine rivers and lakes, our fresh air and our clean drinking water. Who wouldn’t want to be here!
Please keep me in mind when looking to work with a realtor in the Gold River or Campbell River area. Take Care~