This year is off to a strong start in terms of real estate sales for the qathet region, according to Powell River Sunshine Coast Real Estate Board president Curtis Yungen.
Yungen said January 2025 had 24 total residential sales compared to January 2024, which had 19 total sales.
“Single-family homes saw an increase of 35.71 per cent in the same period in units sold, from 14 in January 2024 to 19 in January 2025,” said Yungen.
“New listings and median price for single-family homes were almost the same in January 2025 as January last year. We had 36 new listings this January and 35 last January. Median price for single-family homes was $692,000 this January, and was $690,000 last January, for only a 0.3 per cent change.”
In the single-family homes category, there were 19 sales in January 2025, valued at $13,648,900, compared to 14 sales in January 2024, valued at $9,287,050. There was one sale of $169,900 in the mobiles and manufactured homes category in January 2025, compared to no sales in January 2024.
Condos, apartments and duplexes had four sales in January 2025, valued at $1,876,400, compared to two sales in January 2024, valued at $845,000.
Total for the residential category for January 2025 was 24 sales, valued at $15,695,200, compared to 16 sales in January 2024, valued at $10,132,050.
On the nonresidential side, there was one parcel of vacant land sold in January 2025, valued at $321,000, compared to three sales in January 2024, valued at $540,000.
Grand totals for all sales indicate 25 sales in January 2025, valued at $16,016,200, compared to 19 sales in January 2024, valued at $10,672,050.
Average selling price for a single-family dwelling in January 2025 was $718,363, with an average of 106 days on the market. Average selling price in January 2024 was $663,361, with an average of 58 days on the market.
There were 53 new residential listings in January 2025 and nine nonresidential, for a total of 62. In terms of active listings at the end of the month, there were 151 residential and 55 nonresidential, for a total of 206 active listings.
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