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Sales stable in Powell River Sunshine Coast Real Estate area

April 2025 statistics relatively comparable to the same month in 2024
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SIMILAR FIGURES: Real estate sales in the Powell River Sunshine Coast Real Estate Board area went up about $1 million in April 2025 from April 2024.

Real estate sales dollar figures were relatively comparable in April 2025 and April 2024, according to the Powell River Sunshine Coast Real Estate Board.

Board president Curtis Yungen said the median price for single-family homes, year-to-date, from January to the end of April, is up 3.21 per cent from last year, at $639,900. 

“New listings year-to-date are also up from last year at 189, for an increase of 10.53 per cent,” said Yungen. “Sales year-to-date are down very slightly compared to last year, by 2.44 per cent, at 80.”

For the month of April, the median price for single-family homes went down slightly compared to March, from $587,000 to $575,000, said Yungen.

While the average price did go down for April 2025 compared to April 2024, the total value of all sales increased by more than a million dollars this April.

“Number of total sales greatly increased in April from March 2025, from 20 to 40, doubling the amount,” said Yungen.

In the single-family residential category, in April 2025, there were 29 units sold, valued at $21,605,600, compared to 28 units sold in April 2024, valued at $20,575,500.

There were five units sold in the mobiles and manufactured homes category in April 2025, valued at $1,218,400, compared to one in April 2024, valued at $405,000.

For condos, duplexes and apartments, there were three units sold in April 2025, valued at $1,482,000, compared to three units sold, valued at $1,282,900, in April 2024.

Totals for residential sales indicate 37 units sold in April 2025, valued at $24,306,000, compared to 32 units sold in April 2024, valued at $22,263,400.

In the nonresidential category, there were three parcels of vacant land sold in April 2025, valued at $984,000, compared to seven parcels in April 2024, valued at $1,646,000.

There were no industrial, commercial or institutional sales in April 2025, and one in April 2024, valued at $450,000.

Totals for nonresidential indicated three sales, valued at $984,000 in April 2025, compared to eight sales in April 2024, valued at $2,096,000.

Grand totals for residential and nonresidential sales indicate 40 units sold in April 2025, valued at $25,290,000, compared to 40 units sold in April 2024, valued at $24,359,400.

Average selling price of a single-family residence for April 2025 was $745,021, with an average of 77 days on the market, compared to an average selling price of $734,839 in April 2024 with an average of 66 days on the market. The median selling price in April 2025 was $575,000, compared to $749,000 in April 2024.

There were 72 new residential listings and 15 new nonresidential listings, for a total of 87, in April 2025. In terms of active listings, there were 212 residential listings and 95 nonresidential listings at the end of April 2025, for a total of 307.

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