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Real Estate Magazine August 2026

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Powell River real estate sales increase this year

Real estate sales in June 2026 were substantially ahead of sales figures from June of the previous year.

“June brought some welcome momentum to the single-family home market, with 39 sales, compared with 29 last June, an increase of 34 per cent,” said Powell River –Sunshine Coast Real Estate Board president Curtis Yungen. “Year-to-date, sales are still 11.5 per cent behind 2025, but it will be interesting to see if June’s stronger activity continues through the summer and into the fall.”

Yungen said prices remain softer, with June’s average and median sale prices both down about nine per cent from last year. Homes are selling closer to their asking price this year, indicating

they were priced well, he added.

In the single-family homes category, in June 2026, there were 39 sales, valued at $25,457,400, compared to 29 sales in June 2025, valued at $20,713,100.

There were four sales of mobile and manufactured homes in June 2026, valued at $768,800, compared to two sales in June 2025, valued at $450,888.

For condos, apartments and duplexes, there were three sales in June 2026, totalling $1,379,800, compared to two sales in June 2025, valued at $980,000.

Totals for residential sales were 46 units sold in June 2026, valued at $27,606,000, compared to 33 units sold in June 2025, valued at $22,143,988.

On the non-residential side, there was one parcel of vacant land sold in June 2026, valued at $219,000, compared to two sales in June 2025, valued at $145,000.

There were two sales in the industrial, commercial and institutional category in June 2026, valued at $52,300, and there were none in June 2025.

Totals for non-residential are three units sold in June

2026, valued at $271,300, compared to two units sold in June 2025, valued at $145,000.

Grand totals for real estate sales in June 2026 were

June brought some welcome momentum to the single-family home market... it will be interesting to see if June’s stronger activity continues through the summer and into the fall.

CURTIS YUNGEN

49 units sold, valued at $27,877,300, compared to 35 units sold in June 2025, valued at $22,288,988.

The average single-family home selling price in June 2026 was $652,748 with an average of 55 days on the market, compared to an average selling price in June 2025 of $714,245, with an average of 79 days on the market. There was an 8.6 per cent differential in average price between June 2026 and June 2025. The median selling price was $585,000 in June 2026, compared to $645,000 in June 2025, for a 9.3 per cent differential.

There were 69 new residential listings in June 2026, and 14 new non-residential listings, for a total of 83. There were 226 residential active listings at the end of June 2026, and 65 active non-residential listings, for a total of 291 active listings at the end of June 2026.

Curtis Yungen President, Powell River Sunshine Coast Real Estate Board

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Real Estate Magazine August 2026 by The Peak - Issuu