March 2020

Found 1 blog entry for March 2020.

 

The entire Vancouver Island Region saw a big uptick in home sales in February and in particular, Port Alberni Real Estate saw a 53% increase in home sales compared to January.

In Port Alberni, the benchmark price of a single-family home in February came in at $321,100 which dropped two percent since December and but overall prices went up 4.35% from February last year.  

In the apartment category, the year-over-year benchmark price rose by 3.6%, hitting $176,900 and rose 2.59% from the month prior. The benchmark price of a townhouse rose by 5.63% year over year, climbing to $196,500, and rose close to two percent compared to the month prior.

 

Due to VIREB’s broad geographic area, what is a trend in one market may not be in another. For

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