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Real estate sales increase Figures

for February 2025 better than those of February 2024

PAUL GALINSKI reporter@prpeak.com

Real estate figures for February 2025 were much more robust than those from February 2024, according to a local real estate official.

Powell River Sunshine Coast Real Estate Board president Curtis Yungen said in February this year, there were 80 total new listings, compared to almost half of that in February 2024, where there were only 45 new listings.

He said that in February 2025, there were very similar numbers for units sold as in January of this year. He added that there had been a small decrease in median price for single-family homes, from $692,000 in January to $639,900 in February.

“However, the median price was an increase from February 2024, where the price for a single-family home was $583,000,” said Yungen.

In the single-family homes category, in February 2025, there were 17 units sold, valued at $11,548,700, compared to 15 units sold in February 2024, valued at $9,686,800.

In the mobiles and manufactured homes category, there was one sale, valued at $743,000 in February 2025, compared to none in February 2024.

There were six sales of condos, duplexes and apartments in February

2025, valued at $2,727,900, compared to four sales in February 2024, valued at $1,462,700. Residential totals indicated 24 sales, valued at $15,019,600, in February 2025, compared to 19 sales, valued at $11,149,700, in February 2024.

In the nonresidential category, in February 2025, there were two parcels of vacant land sold, valued at $590,000, compared to four sales, valued at $1,388,000, in February 2024. There was one industrial, commercial and institutional sale in February 2024, valued at $45,000, and none in February 2025.

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BETTER YEAR: Year-to-date figures for real estate in the Powell River/Sunshine Coast region indicate a comparatively good couple of months in 2025 compared to 2024.Stockbyte, Getty Images

Totals for nonresidential show two sales, valued at $590,000, in February 2025, compared to five sales in February 2024, valued at $1,433,000. Grand total for February 2025 is 26 sales, valued at $15,609,600, compared to 24 sales in February 2024, valued at $12,582,700.

There were 62 new residential listings in February 2025 and 18 nonresidential, for the 80 new listings. At the end of February 2025, there were 168 active residential listings and 63

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nonresidential, for a total of 231 active listings. Average price of a single-family dwelling in February 2025 was $679,335, with an average of 82 days on the market, compared to $625,853 in February 2024, with an average of 58 days on the market.

Year-to-date, new listings are up 43.33 per cent over 2024. There has been an increase in sales of 19.35 per cent and an increase in median price of 9.98 per cent.

Curtis Yungen President, Powell River Sunshine Coast Real Estate Board

EAST POINT ISLAND AGNEW PASSAGE - SUNSHINE COAST

Your own 3.9 acre private off the grid eco-island in the heart of BC’s beautiful Sunshine Coast. Includes 1,520 sq. ft. round home, glamping tent, tree house, woodfired hot tub, drilled well and licensed protected deep-water dock. Think wilderness glamping meets bohemian boudoir. From kayaking, paddleboarding, and fishing in the surrounding crystal-clear waters to exploring scenic hiking trails or simply lounging on the sun-drenched shores, there’s something for everyone to enjoy. $1,299,000

STUNNING OCEANFRONT HOME, GUEST CABIN AND SHOP UPPER SUNSHINE COAST

Premium 1.81 acre low-bank oceanfront property located just south of Powell River. Southwest exposed with 500± feet of waterfront, a scenic point and private protected beach, which offers the perfect blend of rural tranquility and access to nearby amenities. Includes custom 1,700 sq. ft. 2 bedroom timber frame home with 298 sq. ft. covered patio, 865 sq. ft. exterior front deck and oversized windows providing unobstructed views from every room. A must-see coastal retreat! NOW $2,499,000

3.55 acre rural property. 12,314 sq. ft. light industrial building accommodating a wide range of uses. 20 ft ceilings, 3 roll up doors, leveling deck, 400 amp single phase & 100 amp 3-phase power, 15 gpm drilled well, approved septic & 1,105 sq. ft. of office space. 364 ft of road frontage with a gated paved driveway & parking lot. $1,200,000

STUNNING OCEAN VIEW HOME POWELL RIVER, BC

Piers Island south facing 3 bedroom waterfront residence with licensed private dock. Spectacular ocean and Gulf Island views! An idyllic year-round retreat with easy access. 5 minute boat commute to Dolphin Dock at Swartz Bay or Canoe Cove Marina. Piers Island has power and water and a great community vibe. $1,229,000

PRIVATE OCEANFRONT SANCTUARY LASQUETI ISLAND

Private 3.9 acre oceanfront, landscaped with direct access to ocean, with 2,400 sq. ft. home. Includes new 2,500 sq. ft. structure near lockup stage, ideal for workshop, guest accommodation or studio, plus a workshop, power shed and wood shed. $870,000

5 acre wilderness acreage, gateway to Desolation Sound, minutes to Lund on the Sunshine Coast. Road accessible with power available. No building permit required. Exclusive use to 30,000 sq. ft. beach club area. Private Marina coming in 2025. $375,000

BASECAMP DESOLATION SOUND STRATA LOT 18 OCEAN VIEW AFFORDABLE OCEANFRONT ACREAGE - SUNSHINE COAST

and its own 3/4 acre private island. $3,900,000

5 acre panoramic ocean view acreage, gateway to Desolation Sound, minutes to Lund on the Sunshine Coast. Road accessible with power available. No building permit required. Exclusive use to 30,000 sq. ft. beach club area. Private Marina coming in 2025. $589,000

6.07 acre southern exposed, water access only property with 300± ft of waterfront. Includes a building site, a drilled well and a common dock with hydro and telephone available. Only a 5-minute boat ride from Egmont. $289,000 20.9

Artist Rendering

“I recently had the pleasure of working with real estate agent Mike Kaban, and I must say that my experience was nothing short of exceptional. Not only did Mike provide invaluable assistance in selling my property, but he also went above and beyond in many ways, such as helping me finish the roof on my old property and even lending me a truck for free during the moving process. To top it all off, Mike even surprised me with a Christmas turkey once I was settled into my new place! Mike’s dedication to his clients, attention to detail, and kind-hearted nature make him a standout professional in the real estate industry.

I wholeheartedly recommend his services to anyone in need of an outstanding real estate experience."

- Robert Fournier, Drake Street

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RARE OPPORTUNITY! This C1 (General Commercial) building in downtown core. With many recent updates this turn-key home on a large high-exposure lot on Joyce Avenue is ideal for accommodation but is also zoned for: retail, light manufacturing, offices, and more!

4460 JOYCE AVENUE

$299,900 MLS® 18616

This beautifully updated ocean view home in Grief Point is move-in-ready. Pride of ownership shows in the meticulous upkeep and many recent update s: exterior and interior paint, perimeter drains, roof, wood stove, to name a few.

3498 MARINE AVENUE

$689,900 MLS®18737

Located on a wide-fronting lot with an accessible half-acre+ of land, this turn-key main-level-entry home with ground floor contained suite, walk out baseme nt and attached garage is also conveniently located a short stroll from Mowat Bay.

5930 MOWAT AVENUE

$799,900 MLS®18591

CUSTOM 3-STOREY HOME. This custom-built three-level 5,000 sqf home in Westview offers something for everyone. Perched atop Westview Ave and situated on a bright corner lot, the home offers views throughout and multiple decks to enjoy them from.

4000 SATURNA AVENUE

$1,499,900 MLS®18739

OCEANVIEW ACREAGE! This gently sloping 3.46-acre building lot in Paradise Valley is just minutes from town and offers incredible ocean views and southern exposure in a picturesque rural setting.

LOT 3 CENTENNIAL DRIVE

$424,900

This level corner lot provides access and parking for your boat and recreational vehicles, and enjoys views and morning sun from the south, and vibrant sunsets and scenic mountain vistas from your covered front porch.

7068 ROYSTON STREET

$734,900 MLS®18509

PERFECT FAMILY HOME. This well-built mainlevel-entry home has been meticulously well kept and stylishly updated, including high-efficient natural gas furnace and AC. The wide-fronting lot provides parking for the boat and RV, with established landscaping and gardens.

7129 JORDAN STREET

$899,900 MLS®18755

Spectacular VIEW and unique OCEANFRONT within walking distance of moorage at sheltered Texada Marina or the potential to install a buoy for private anchorage. This amazing 23-acre, very private property has a six year old house, separate bunkhouse, self contained trailer.

1837 BLUBBER BAY RD

$1,499,900 MLS®18432

MOVE-IN-READY! Stylishly remodeled with high-end upgrades, this two-story half-duplex has so much to offer. Main-level-entry home on a private pan-handle lot has full yard access with recently upgraded driveway.

4555A MICHIGAN AVE

$569,000 MLS®18622

$589,900

HAVE IT ALL! This home checks all the boxes: design, space, finishing, parking, view and location. The 2018-built main-level-entry home features an open concept plan and walk-out basement with contained suite.

3783 TRAIL PLACE

$939,900 MLS®18783

WALK-ON WATERFRONT! This waterfront property offers a combination of exceptional home and awe inspiring seaside living. The gently sloping lot is over 0.5 an acre with 80’ of pristine beachfront.

1752 HOLLINGSWORTH ROAD

$1,675,000 MLS®18625

2.2 acres in the heart of Westview offering breathtaking ocean views, fronting three streets, with a gentle slope ideal for tiered development, and a solid character home with outbuildings. The possibilities are endless for this one-of-a-kind property.

7108 KEMANO STREET

$1,399,900 MLS®18391

WATERFRONT VILLA. Set on a large, widefronting waterfront lot on a no-thru road in a peaceful bay along the shores of the Sunshine Coast, this level-entry home with open-concept plan and walk-out basement has received a massive kitchen upgrade.

2108 MAHOOD ROAD

$1,899,900 MLS®18706