STATS ON BOWEN - October 2020
Posted on Nov 28, 2020
MLS® HomePriceIndex 1 per cent below all-time high.
Average Sale Price 9 per cent above an all-time high.
The Bowen Island detached home market continued to outperform 2019 in all indicators. The dollar volume growth rate year-over-year (the past 12 months of activity) was up 109 per cent compared to 2019, number of sales was up 60 per cent, average...
STATS ON BOWEN - September 2020
Posted on Oct 14, 2020
MLS® HomePriceIndex 2.4 per cent below all-time high
Average Sale Price 3.6 per cent above an all-time high
The year-over-year September HPI or benchmark price was $972,458, just 2.4 per cent below the all-time high of$996,142 in March 2019, when its downward trajectory began. A year later, when COVID-19 restrictions were announced in March 2020, th...
STATS ON BOWEN August 2020
Posted on Sep 24, 2020
STATS ON BOWEN - July 2020
Posted on Aug 31, 2020
IT’S A SELLER’S MARKET ON BOWEN
Comparing the month of July 2020 to July 2019, inventory available was down -26.5 per cent, dollar volume of sales was up 51.6 per cent and the average sale price was up 34.7 per . The number of sales was only up 12.5 per cent, indicating an increased interest in higher priced properties, and average days on market wa...
STATS ON BOWEN - May 2020
Posted on Jun 13, 2020
Home prices have remained firm in the early stages of this recession.
The COVID-19 pandemic has resulted in sudden and dramatic changes in every aspect of life, and as the curve flattens in BC, economists are addressing the que...
BCREA Report - COVID-19
Posted on Jun 10, 2020
The BC Real Estate Association report on the economy and the real estate market*:
While these are not normal times and there remains tremendous uncertainty, home prices have remained firm in the early stages of this recession. Without a sharp rise in inventory, the ultimate impact of dramatically slowing sales on home prices may be somewhat muted. T...
