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Parksville-Qualicum real estate remains among the Island’s most expensive

Parksville, BC, Canada / 88.5 The Beach

PARKSVILLE — The Oceanside region remains one of the most expensive residential real estate markets on Vancouver Island.

Data from the Vancouver Island Real Estate Board shows the average sale price of a single-family home in Parksville-Qualicum was $612,000 last month, up 11 per cent from April of last year

The board’s past-president Janice Stromar says it’s definitely a seller’s market.

It’s still a very difficult market for people who don’t qualify to buy a home greater than $500,000. The upper end of our market has started to stabilize a little bit more but we are fully in a seller’s market.

Seventy-five single-family homes changed hands in Oceanside last month.

Parksville-Qualicum is eclipsed by only the Victoria market for the most expensive single-family homes on the island.

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