Benchmark price for a single-family home in Parksville Qualicum Beach hits $583K

Number is the highest price in the region

The benchmark price for a single family home in Parksville Qualicum Beach saw an increase of one per cent from December 2018 to 2019.

A typical home in the region was valued at $583,400 as of December 2019, according to the Vancouver Island Real Estate Board.

Benchmark prices are calculated based on MLS listings of homes that exclude extreme high- and low-end properties.

READ MORE: Five Parksville Qualicum Beach properties make list of top-100 most valuable on Vancouver Island

Parksville Qualicum Beach had the most expensive benchmark price in the region for houses. A typical house in Nanaimo is listed for $518,000, up five per cent from December 2018.

A typical home in Campbell River is priced at $423,900, up two per cent; Comox Valley is $528,600, up four per cent; Duncan is $484,400, up six per cent; Nanaimo is $562,000, up four per cent; Port Alberni is $324,500, up nine per cent.

Sales of single-family homes across Vancouver Island have increased by 40 per cent from one year ago.

– NEWS Staff, submitted

Like us on Facebook and follow us on Twitter 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

COVID-19: Nanoose Bay man forges hearts for his community

Kasprick has already given out approximately 400, plans to make it 600

No more ferries will sail from Departure Bay, Mill Bay, Brentwood Bay during COVID-19 pandemic

B.C. Ferries announces major changes to sailing schedules for 60 days starting Saturday, April 4

Qualicum Beach Farmers Market to re-open on Saturday, April 4

Only fresh, frozen, prepared items to be sold

COVID-19: Nanoose Bay woman celebrates 90th birthday with Model T ride as neighbours line streets

WATCH: Pandemic ruined plans for a party, so friends got creative

COVID-19: ‘The Ballad of Bonnie Henry’ recorded and released

LISTEN: Quick turnaround for song penned by Qualicum Beach musician Phil Dwyer

VIDEO: How doctors in Canada will decide who lives and dies if pandemic worsens

Officials in several provinces have been developing guides so that doctors don’t feel alone

Unclear if Cowichan couple refusing to self-isolate will face penalty

No fines or charges have been laid to date, including Cowichan couple who won’t self isolate

Sex workers face new risks during COVID-19 pandemic

‘Desperation has kicked in’ for vulnerable, undocumented workers unable to access help

COVID-19: Postponed surgeries will be done, B.C. health minister says

Contract with private surgical clinic to help clear backlog

Nanaimo man arrested after allegedly setting house fire

Firefighters arrived to find mobile home ablaze on Barnes Road in Cedar on Thursday

COVID-19 PQB business update: looking for takeout food?

Email messages to editor@pqbnews.com

Black Press Media ad sparks discussion about value of community newspapers

White Rock resident hopes front-page note shines light on revenue loss during COVID-19 crisis

Couple won’t self-isolate after returning from overseas: Cowichan by-law

New law requires 14 days of self-isolation when returning to Canada

Most Read