Real Estate Market Report for
Parksville, BC

Updated : Aug 2016
House
  • Median price $405,000
  • Monthly growth 1.27 %
  • Quarterly trend
  • Stock on market 1.05%
Apartment
  • Median price $229,900
  • Monthly growth -18.60 %
  • Quarterly trend
  • Stock on market 0.40%
Parksville Home Price

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Across the country as a whole, Parksville is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Parksville has a median home price of $405,000.

Investors looking for properties in Parksville are most likely to find 2 bedroom homes on offer this month, with 3 bedroom potential investment properties the second most popular.

According to our stats, Parksville is the neighbourhood that has the 73th most properties available to real estate investors in British Columbia.

As one of British Columbia’s many potential real estate investment neighbourhoods, Parksville needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

The median asking price in Parksville is $229,900, pretty close to the median three months ago which was $274,900 .

Parksville, British Columbia has a median house price of $229,900 when compiling all the home listings in Aug .

Across British Columbia Parksville has the 51th most properties on offer with 124.

Will prices rise across the next year in in Parksville? There are a number of real estate indicators to consider.

If you are looking at investment properties in Parksville, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Beds Median price (House) Median price (Apartment)
1 bedroom $122,000
2 bedrooms $337,500 $322,450
3 bedrooms $469,900
4 bedrooms $560,000
5 bedrooms $410,000
Demographics

Corresponding census subdivisions are provided for the following place names where data is not available.

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