The median asking price in Qualicum Beach is $548,000, a substantial increase over the median three months ago which was $498,000 .
With Qualicum Beach’s median house price at $548,000 in Aug , it is above average compared to the rest of British Columbia.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
This month we track 41th neighbourhoods in British Columbia, and Qualicum Beach has the 41th most choice available for real estate investors.
Is Qualicum Beach a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Qualicum Beach have dried up which would tend to indicate that demand is higher than the supply of new properties.
While the median for British Columbia is $349,000 , which means that Qualicum Beach’s median price is $300,000 considerably better than the rest of the province.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
This month we track 65th neighbourhoods in British Columbia, and Qualicum Beach has the 65th most choice available for real estate investors.
Will prices rise across the next year in in Qualicum Beach? There are a number of real estate indicators to consider.
The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.