BLOG & STATISTICS

Providing Bowen Island's most comprehensive real estate report since 2019

STATS ON BOWEN – October 2021

Posted on Nov 14, 2021

Upward trend in prices continues to slow



The upward trend in detached home prices on Bowen Island continued to slow. The Year-over-year Average Sale Price in October compared to September was 0.5 per cent and the Median Sale Price changed 0.6 per cent. The YoY MLS® Home Price Index in October compared to Septe...

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STATS ON BOWEN – September 2021

Posted on Oct 15, 2021

Third quarter sales lowest since 2012



The third quarter of 2021, July through September, registered the least number of sales since 2012, with only one-third compared to Q3 2020 and less than half compared to Q3 2019. Inventory in the first three quarters of 2021was the lowest in 10 years for Q1-Q3. At the sam...

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STATS ON BOWEN - August 2021

Posted on Sep 15, 2021

The next quarter

Use this link for the interactive report


Number of sales and dollar volume of sales down in August

Coming out of the slowest July and August since 2012, the third quarter of 2021 is shaping up to be the slowest in 9 years, and without new inventory, the 4th quarter will follow this trend.

Property sales were slow on Bowen with just 2 s...

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STATS ON BOWEN - July 2021

Posted on Aug 23, 2021

Slowest July in the past 10 years

     
     
     The number of sales and the dollar volume of sales for the month of July 2021 was a record low compared to the same month over the last 10 years. Typically, the market slows during the summer months as many buyers are on vacation, and this year the slow-down was exacerba...

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STATS ON BOWEN - June 2021

Posted on Jul 22, 2021

Real estate market 'heat dome' still driving prices up

     There is a heat dome over the Bowen real estate market and it cooled only slightly in June as year-over-year metrics continued to register record highs.
I am often asked if prices will go down. After the usual disclaimers about economic downturn, natur...

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STATS ON BOWEN - May 2021

Posted on Jun 13, 2021

Bowen real estate market increases continue to outpace Metro Vancouver

Click this link for the interactive report.



Comparing the last 12 months of activity (YoY), the MLS® Home Price Index or benchmark price for a detached home on Bowen Island in May 2021 increased 23.9 per cent over May 2020, up $226,932 to $1,173,525, and the highest percentage inc...

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Get In Touch

Tim Rhodes

Mobile: 604-341-9488

Phone: 416-910-8183

tim@rhodesonbowen.com

Office Info

Kiwi Innovation Realty Inc

572 Artisan Lane  Vancouver,  BC   V0N 1G2 

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