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2015 Bowen Island/Gulf Islands Sales Stats
04-17-2015, 08:44 AM, (This post was last modified: 04-17-2015, 08:49 AM by Skook.)
#1
2015 Bowen Island/Gulf Islands Sales Stats
I created the Bowen Island sales stats table below based on data in the new Macdonald Realty ‘Market Hot Sheets’ which the company began producing this past December. Macdonald’s agents on BI are the mother and son team, Dee and Frazer Elliot.

Macdonald Realty produces these ‘Market Hot Sheets’ once a month covering all the REBGV market areas and posts them to their blog. You can access the Bowen Island/Gulf Island Hot Sheets via the ‘Vancouver, North Shore and Tri-Cities Real Estate Markets’ post (after clicking on post title, scroll down and look for the links under ‘Surrounding Areas’).

I have one caveat concerning the data – the sales total may include vacant land sales. I query this based on year-end data released separately by Macdonald Realty and by Dee Fraser back in December. Also, under the table’s Market Status area, ‘Listings’ represents ‘Total Active Listings’ and you will notice the figure in the ‘Inventory’ column is different - I am not sure what is included in its figures.

I am not going to comment further because I am not studying this market. My hope is the VanPeak board member JimmyWW who is keeping a close eye on BI will share his insights with us all.

[Image: attachment.php?aid=1119]

Here is the REBGV Benchmark data for Bowen Island. We’re seeing it slowly rise which I believe is attributed to the ‘value’ of the homes purchased – new built vs old, features (granite counters, wood trims, etc) and so on. Again, JimmyWW might be able to elaborate on this.

[Image: attachment.php?aid=1120]

I have included ‘Gulf Islands’ in the thread title; although I have no intention of creating a table from the Macdonald Realty ‘Market Hot Sheet’; If anyone else would like to take that on, please do. Rather if anyone has any comments to offer about the Gulf Islands real estate market, then feel free to post here in this thread.


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2015 Bowen Island/Gulf Islands Sales Stats - by Skook - 04-17-2015, 08:44 AM

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