I can hardly believe we’re into November. The end of the year always seems to arrive faster than I expect.
October brought one of my favourite days of the year, our annual pie party. My family and I are so grateful for your support, loyalty, referrals and friendship, and this is our chance to say thank you to the people who have helped me along the way. It was so good to see so many of you, whether you grabbed your pie and ran or stayed for a drink and a visit.
The month ended on a sweet note too. I handed out candy in front of my office for the Halloween walk, and over 1,000 pieces later, I can tell you that if you’ve never been to downtown Qualicum Beach on Halloween, it is an absolute blast.
In this month's newsletter:
- October Market Report
- Featured Listing - 2620 Ross Road, Nanoose Bay
Inventory is building. At the end of October there were 180 single family homes for sale across Parksville Qualicum, up from 156 a year ago, while October sales slipped to 42 from 46.
- Average sale price: $898,575, down 3.7% from last October
- Median sale price: $822,500
- Sale to list price: 97.78%
- Average days to sell: 59, up from 49 a year ago
- Past 12 months: 521 sales, down 12%, with the average price holding at $956,825 (up 1.15%)
Prices are holding. What has changed is pace. Buyers have more choice and are taking their time, and the Vancouver Island Real Estate Board now describes the region as having moved into buyer’s market territory.
The takeaway? Homes that are well prepared and priced for today’s market are still selling close to asking. If a spring move is on your mind, the earlier we talk, the better your plan.
FOR SALE | 2620 Ross Road, Nanoose Bay
4.22 acres on salmon bearing Nanoose Creek, with walking trails that wind past a pond and tennis court. The acreage feels like a private park.
The updated main home offers three bedrooms, a den and three bathrooms, with a linear fireplace, a new pantry, and a primary ensuite with a freestanding tub. A renovated three bedroom suite with its own entrance lives like a home of its own, and a one bedroom basement suite suits guests, family or rental income.
Outside, you’ll find a detached garage with an over height door, wood stove and bathroom, a fenced garden with raised beds and a greenhouse, and a hot tub under the gazebo. A 2024 heat pump and furnace bring air conditioning throughout.
Ten minutes to Parksville and Nanaimo, tucked away without being remote.
List Price: $1,799,000