10/05/2026
The Vancouver Island market has shifted. 🌲
September's numbers from VIREB show the region has moved into buyer's market territory: sales were down 13% from last year, while active listings were up 4%.
Island-wide benchmark prices:
🏡 Single-family: $777,300 (down 1.1% YOY)
🏢 Condo: $401,700 (down 4.0% YOY)
🏘️ Townhouse: $557,000 (up 1.3% YOY)
In Parksville-Qualicum Beach, single-family sales were up 28% year over year, even as prices softened. The area still holds the highest single-family benchmark on the Island, at $896,200.
For buyers: you have more choice and more time, but well-priced homes in high demand are still moving quickly.
For sellers: buyers are taking their time. Pricing for today's market, not the market of a few years ago, is what gets homes sold.
Thinking about a move this fall? Give me a call and let's talk about what these numbers mean for you. 💬
📊 Source: Vancouver Island Real Estate Board, September 2026
