Real estate sales for the month of July 2025 were considerably higher than sales recorded during July 2024.
According to Powell River Sunshine Coast Real Estate Board president Curtis Yungen, total volume of sales in July 2025, at $22,246,200, was similar to July 2025, at $22,288,988, but sales in July 2025 were markedly higher when compared to July 2024.
Yungen said total units sold in July 2025 decreased slightly over the previous month. There were 35 sales in June and 32 in July of 2025.
In the single-family homes category, there were 27 sales, valued at $21,389,300 in July 2025, compared to 19 sales in July 2024, valued at $11,728,400.
There were no sales in July 2025 of mobile or manufactured homes, compared to four sales in July 2024, totalling $610,000.
There were also no sales of condos, apartments or duplexes in July 2025, compared to one sale, totalling $810,000, in July 2024.
Residential sales numbers indicate 27 sales in July 2025, totalling $21,389,300, compared to 24 sales in July 2024, totalling $13,148,400.
In the nonresidential category, there were five parcels of vacant land sold in July 2025, totalling $856,900, compared to two sales of vacant land in July 2024, totalling $310,000. There were two sales in the industrial, commercial and institutional category in July 2024, totalling $1,390,000, compared to none in July 2025.
Totals for nonresidential sales indicate five in July 2025, totalling $856,900, compared to four sales in July 2024, totalling $2.7 million.
Grand totals for all sales in July 2025 indicate 32 units sold, totalling $22,246,200, compared to 28 sales in July 2024, totalling $14,848,400.
Yungen said the average sale price for single-family homes increased from $714,245 in June 2024 to $792,196 in July 2025, with an average of 90 days on the market. The average selling price in July 2024 was $617,284, with an average of 93 days on the market.
Median selling price for July 2025 was $625,000, compared to $650,000 in July 2024.
According to Yungen, year-to-date, single-family homes had an increase of 26.4 per cent in volume, from $94,175,750 to the end of July in 2024, compared to $119,033,800 to the end of July 2025.
“There was also an increase in both the median and average sale price for single-family homes, and an increase of 6.61 per cent in new listings,” said Yungen.
In terms of new listings, there were 70 new residential listings in July 2025, and seven nonresidential listings, for a total of 77 new listings. There were 264 residential active listings at the end of July 2025, and 100 nonresidential, for a total of 364 active listings at the end of July 2025.
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