Real estate sales in the Powell River Sunshine Coast Real Estate Board region show increases year-to-date.
According to real estate board president Curtis Yungen, sales for the month of May 2025 were similar to April 2025.
“We had 41 total sales for May, compared to 40 total sales for April,” said Yungen. “Single-family residential sales stayed the same at 29 units. Total volume of sales did increase from $25,290,000 in April to $26,118,500 in May.
“Current year-to-date sales compared to year-to-date 2024 saw an increase in new listings, from 226 in 2024 to 252 in 2025. There was an increase in units sold, from 101 in 2024, to 108 in 2025. There was also an increase in dollar volume, from $67,902,450 in 2024, to $76,346,400.”
In the single-family homes category, in May 2025, there were 29 sales, valued at $21,239,500, compared to 20 sales in May 2024, valued at $12,951,300.
In the mobile and manufactured homes category, there were three sales, valued at $368,500, in May 2025, compared to seven sales, valued at $1,940,900, in May 2024.
There were five sales, valued at $1,895,500, in the condos, apartments and duplexes category in May 2025, compared to seven sales, valued at $3,439,000, in May 2024.
Totals for residential sales included 39 units being sold in May 2025, valued at $23,503,500, compared to 34 units sold in May 2024, valued at $18,331,200.
There were three pieces of vacant land sold in May 2025, valued at $1,615,000, compared to three parcels of land in May 2024, valued at $807,500.
In the industrial, commercial and institutional category, there was one unit sold in May 2025, valued at $1 million, compared to two units sold, valued at $1,071,000, in May 2024.
The totals for nonresidential were four units sold in May 2025, valued at $2,615,000, compared to five units sold in May 2024, valued at $1,878,500.
Grand totals for all sales indicate 41 sales in May 2025, valued at $26,118,500, compared to 39 sales in May 2024, valued at $20,209,700.
Average single-family residence price in May 2025 was $732,397, with an average of 66 days on the market, compared to $664,858 in May 2024, with an average of 39 days on the market.
Median price in May 2025 was $678,000, compared to $592,000 in May 2024.
There were 81 new residential listings in May 2025, and 15 nonresidential, for a total of 96 new listings.
The number of active listings at the end of May 2025 in the residential category was 239, and the number of nonresidential listings was 98, for a total of 337 active listings.
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