GEM Real Estate Group Central Vancouver Island

GEM Real Estate Group Central Vancouver Island An award-winning team at Royal LePage Island Living đź’Ž We are among the top 1% of Royal LePage agents in Canada and one of the top 5 teams in BC.

We provide expert service across Central Vancouver Island, including Parksville, Qualicum, Nanaimo & beyond.

WEEKLY MARKET UPDATE | AUGUST 24The late-summer market continues to give buyers plenty of choice, while sellers are seei...
08/24/2026

WEEKLY MARKET UPDATE | AUGUST 24

The late-summer market continues to give buyers plenty of choice, while sellers are seeing a market where pricing matters more than ever.

💎 Nanoose–Bowser: Total inventory remained almost unchanged this week at 442 listings, up from 441, while firmed-up sales increased from 143 to 147. Looking at the past three reports, inventory has climbed 434 → 441 → 442, while sales have held relatively steady at 143 → 143 → 147 — showing a stable market with slightly more competition among sellers.

💎 Nanaimo: Inventory increased from 673 to 684 listings this week, while firmed-up sales rose from 205 to 215. Looking at the three-week trend, inventory has remained high at 674 → 673 → 684, while sales have moved 227 → 205 → 215. Buyer activity picked up this week, but remains below where it was two weeks ago.

For buyers: With plenty of inventory available, buyers have the opportunity to compare their options carefully and focus on finding the home that best fits their needs.

For sellers: This isn’t a market where every listing moves at the same pace. Buyers are comparing their options carefully, making it important to watch activity and adjust your strategy when needed.

08/22/2026

Looking for more than just a home? This one delivers. 🌲

Set in the peaceful surroundings of Little Qualicum River Village, 1703 Peligren Place brings together comfortable living, incredible versatility, and room to make the property work for you.

The bright 3-bedroom, 2-bathroom main home features soaring ceilings, skylights, an open-concept layout, custom wood cabinetry, and a beautifully finished primary suite. Outside, enjoy the sounds of the nearby stream from the extended deck.

Plus, a detached carriage home, workshop space, additional double garage with a 13’ ceiling, community water & emergency generator add even more value and functionality.

đź’Ž 1703 Peligren Place
💎 MLS® 1044740

Peaceful rural living—with so much more to offer.

Buying a home involves more than just the purchase price. đź’ŽFrom legal fees and inspections to property transfer tax and ...
08/21/2026

Buying a home involves more than just the purchase price. đź’Ž

From legal fees and inspections to property transfer tax and adjustments, there are a number of additional costs that can come up throughout the buying process.

Knowing what to expect before you start house hunting can help you build a realistic budget and avoid surprises when it comes time to close.

Thinking about buying a home and not sure what you should be budgeting for? Comment “BUYER” below and we’ll reach out to help you get started!

LOCAL BUSINESS SHOUTOUT 💎This week’s Local GEM is Major League Property Development Specialists Ltd.! From full home ren...
08/21/2026

LOCAL BUSINESS SHOUTOUT đź’Ž

This week’s Local GEM is Major League Property Development Specialists Ltd.!

From full home renovations to kitchens, bathrooms, flooring, plumbing, decking, property maintenance and more, Major League PDS offers a wide range of services to help homeowners tackle projects big and small.

With a focus on quality workmanship, integrity, and great customer service, they’re a fantastic local resource to have in your corner when it’s time to update, repair, or improve your home.

Be sure to check them out for your next home project! đź’Ž

These featured listings offer something for both everyday living and the ultimate Vancouver Island getaway:đź’Ž 103E-120 Je...
08/20/2026

These featured listings offer something for both everyday living and the ultimate Vancouver Island getaway:

đź’Ž 103E-120 Jensen Avenue

Modern 2 bed, 2 bath condo just steps from Parksville Beach and downtown. Featuring two primary suites, a bright open layout, covered balcony, underground parking and plenty of storage. Pet and rental friendly!

đź’Ž 32-1059 Tanglewood Place

An ocean-view 2 bed, 2 bath corner unit surrounded by old-growth trees beside Rathtrevor Provincial Park. Enjoy private beach access, beautiful indoor-outdoor living and optional vacation rental potential.

Which Parksville lifestyle are you choosing? 👇

NEW PRICE | 574 Hirst Avenue, ParksvilleMLS® 1047147Now offered at $699,900!A fantastic opportunity to own a well-cared-...
08/18/2026

NEW PRICE | 574 Hirst Avenue, Parksville

MLS® 1047147

Now offered at $699,900!

A fantastic opportunity to own a well-cared-for rancher in Parksville, offering comfortable single-level living with thoughtful updates and plenty of indoor and outdoor space to enjoy.

Property Features:

đź’Ž 3 Bedrooms | 2 Bathrooms

💎 1,406 SqFt

💎 Beautifully Renovated Bathrooms

💎 Poly-B Plumbing Removed

💎 New Hot Water Tank

💎 Sunny South-Facing Backyard

💎 Attached Double Garage

Ready to take a closer look? Comment “HIRST” and we’ll reach out to book you a private showing!

🎨 COLOURING CONTEST CHECK-IN! 🎨We’ve received our first entry for this month’s colouring contest. Amazing job, Sadie! Th...
08/18/2026

🎨 COLOURING CONTEST CHECK-IN! 🎨

We’ve received our first entry for this month’s colouring contest. Amazing job, Sadie!

There’s still tons of time to enter, and we can’t wait to see all of your colourful creations!

Entering is easy:

1. Download the colouring page PDF from the link in our bio

2. Colour and decorate it however you like

3. Snap a photo of your finished masterpiece

4. Email it to [email protected]

Don’t forget to include your name so we can add you to the draw!

Happy colouring! đź’Ž

JUST LISTED | 37-1175 Resort Drive, ParksvilleOcean views, resort-style amenities, and the flexibility to enjoy it yours...
08/18/2026

JUST LISTED | 37-1175 Resort Drive, Parksville

Ocean views, resort-style amenities, and the flexibility to enjoy it yourself or generate rental income.

This fully furnished 2-bedroom, 3-bathroom townhome at The Residences at Sunrise Ridge is one of only six homes in Phase 14, offering a rare opportunity in one of Parksville’s premier waterfront resort communities.

With no age or rental restrictions, up to two pets allowed, and access to incredible resort amenities, this is the perfect low-maintenance coastal getaway, investment property, or place to call home.

đź’Ž Spectacular ocean views

💎 Fully furnished & turn-key

💎 Heated outdoor pool & hot tub

💎 Fitness room, lounge & business centre

💎 Steps to sandy beaches, spas, dining & more

💎 Flexible personal use + rental potential

Coastal living in the heart of Resort Drive!

Contact us today for more information or to book your private showing!

JUST REDUCED | 855 Glenhale CrescentNow offered at $1,439,000
MLS® 1042236Ocean views, incredible versatility, and two h...
08/17/2026

JUST REDUCED | 855 Glenhale Crescent

Now offered at $1,439,000

MLS® 1042236

Ocean views, incredible versatility, and two homes on one property. 🌊

This impressive French Creek property features a total of 7-beds, 5-baths, including a legal secondary home — an incredible opportunity for multigenerational living, extended family, or additional rental income.

Some Highlights Include:

đź’Ž Stunning ocean views

💎 Vaulted ceilings & oversized windows

💎 Spacious primary retreat with private deck & hot tub

💎 Workshop + a double garage

💎 Expansive covered decks & abundant storage

With its new price of $1,439,000, this unique property offers an incredible combination of space, flexibility, and long-term potential in a fantastic French Creek location.

Interested in seeing it for yourself? Get in touch to book a private showing!

WEEKLY MARKET UPDATE | August 17This week brought a few shifts across both Nanoose–Bowser and Nanaimo, with inventory, s...
08/17/2026

WEEKLY MARKET UPDATE | August 17

This week brought a few shifts across both Nanoose–Bowser and Nanaimo, with inventory, sales activity and average prices moving differently depending on property type.

💎 NANOOSE–BOWSER

Single-family inventory edged up from 300 to 306 listings, while sales over the past 30 days dipped slightly from 102 to 98. The average sale price remained strong, increasing slightly to $1.08M. Condos saw inventory rise, while townhouse inventory tightened and sales increased.

đź’Ž NANAIMO

Single-family inventory increased from 422 to 432 homes, while 30-day sales dropped from 156 to 131 and the average sale price moved from $955K to $938K. Condo inventory remained steady, while townhouse and manufactured-home inventory both declined.

What does this mean?

For buyers, there continues to be a healthy amount of choice, particularly in the single-family market, creating room to compare properties and make thoughtful decisions. For sellers, buyers are active but selective—making accurate pricing, presentation and a strong marketing strategy especially important.

This aligns with the broader VIREB trend of buyers taking their time while well-priced properties continue to move.

Every neighbourhood and property type tells a slightly different story. Curious what these numbers mean for your home or your buying plans? Reach out—we’re always happy to talk real estate. 💎

Address

173 Island Highway W
Parksville, BC
V9P2A5

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