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2015 Bowen Island/Gulf Islands Sales Stats
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09-04-2015, 02:24 PM,
(This post was last modified: 09-04-2015, 02:27 PM by Skook.)
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RE: 2015 Bowen Island/Gulf Islands Sales Stats
August 2015 BI Sales Stats
JimmyWW, the news isn’t good. August sales stats prove the lower mainland RE madness has definitely spread to BI. There were three more sales than the month before and two more than August last year; and, look at that median price – another great leap forward. Total active listings have dropped -43% compared to a year ago and fewer listings will only help boost home prices if people are determined to move to BI come hell or high(er) water. My little table on the right shows that Macdonald Realty and BI Realtor® Dee Elliot agreed on how many detached homes sold in August 2014. And, below both tables you can check August sales over the last twelve years. It’s the benchmark price, though, that may take your breath away – it has reached a new peak. Goodbye May, 2012 and hello August, 2015. Well, I guess it had to be expected when every home owner in the lower mainland is now a millionaire when they sell. As of yesterday, total active listings there stand at only 11,646 so they’ve definitely been selling...and buying and selling and buying...It’s a mad, mad, mad world, JimmyWW. |
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