Active and Optimistic!
Posted on Oct 30, 2024
September 2024 Update
Sales in the Powell River residential real estate market took a nice jump in September to 30 which is on par with our best in the spring market months of April (32) and May (34) of this year. Inventory is high at 226 so there’s lots to choose from. Condos and mobiles were weak but single family homes at 27 were strong sellers....
...Still Cantering
Posted on Aug 16, 2024
July 2024 Update
Sales in the Powell River residential real estate market were reasonably lack-lustre in July at 19, down from an unexceptional peak of 34 in May and down from last July’s 28. It’s not a bad market but a little bit slow for what summer usually brings. With two interest rate drops and predictions for another in September, we may be in...
Cantering Along...
Posted on Jun 13, 2024
May 2024 Update
Sales in May for the Powell River residential real estate market were up slightly to 34 from 32 the previous month. Single family homes dropped off from 28 to 20 in May but the gap was filled in by 14 sales of condos and mobiles. There have been several new condo developments in the past few years so there is more variety including s...Room for Optimism
Posted on May 23, 2024
April 2024 Update
Building Momentum
Posted on Mar 13, 2024
No big spikes in the Powell River residential real estate market in the past six months but we’re seeing a gradual improvement in sales with 19 in February up from 14 in November and 16 last month. New listings have been sluggish as well with 30 in February and 38 in January, well down from the 50’s and 60’s we see when the market is moving well. T...
Get Ready!
Posted on Feb 16, 2024
January 2024 Update
January saw a small uptick in sales in the Powell River residential real estate market from 14 in both November and December to 16. Generally, we don’t expect a strong month in January but the slight improvement in sales and more ‘activity’ during the day suggests that we’ll see a stronger spring market. The larger centers are se...