BC Sales Trend Higher from 2009
The BC Real Estate Association ( BCREA) report that MLS residential sales in the province declined 36 percent to 5,507 units in October compared to the same month last year. The average MLS residential price in October on Vancouver Island was $237, 963, a 43% decrease. 439 Units were sold in October 2010, and 750 Residential units in 2009, a overall decrease of 41.5%.
Vancouver Island 2010 Year to Date statistics report Unit Sales 5747 with an average Selling Price of $327,939. An overall increase of 3.6% in Unit Sales from 2009.