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…