10/08/2026
🏡 Parksville & Qualicum Beach Market Report! 🏠
Curious what’s happening in our local real estate market? 📊
Right now we’re sitting at 512 active listings, down from 541 a month ago, about a 5% decrease. Compared to this time last year, when we had 539 listings, we’re also down about 5%, so there’s slightly less inventory on the market than there was this time last year.
In the past 30 days we’ve seen 78 sales. Compared to the prior 30 to 60 day window, which saw 107 sales, that’s down about 27%, which is typical as we move out of the summer and into the fall. Compared to the same period last year, which recorded 74 sales, we’re actually up about 5%. Year to date the stats are very comparable. Both years with very similar sales volume.
We are sitting at 6.56 months of inventory. That’s down from over 7 months a couple of weeks ago, so we’re easing back toward balanced territory a bit, but we’re still just inside buyer’s market range. Remember: a seller’s market is 0 to 4 months of inventory (prices typically increasing), balanced is 4 to 6 months (prices generally steady), and a buyer’s market is 6+ months (downward pressure on prices).
We are in a buyers market, but inventory levels are still quite low. Buyers still have room to negotiate, but the leverage isn’t swinging as hard in their favour as it was last week. Sellers who price realistically are still getting traction. As we head deeper into fall, I’d expect this to hover around the balanced to buyer-friendly line, with new listings thinning out as we get closer to winter.
Whether you’re thinking about buying or selling, we are here to help! 🙌
📱 Call or text me anytime at 250-240-5367 with any questions.
