Real Estate Magazine May 2025

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Real estate numbers decrease

“For single-family homes year-todate, we did see an increase of 6.65 per cent in median selling price, from $600,000 in 2024, to $639,000 in 2025,” said Yungen. “We also had an increase in new listings of 21.14 per cent from 123 year-to-

date in 2024, to 149 year-to-date in 2025. However, we did see a small decrease in sold listings of 7.27 per cent, from 55 year-to-date in 2024, to 51 year-to-date in 2025. There was also a minor decrease in volume of 4.72 per cent, from $35,774,650 in 2024, to $34,086,300 in 2025.”

In the single-family homes category, in March 2025 there were 15 sales, valued at $8,888,700, compared to 23 sales, valued at $16,368,900, in March 2024.

There were no sales in the mobile and manufactured homes category in March 2025, compared to one in March 2024, valued at $215,000.

In the condo, duplex and apartments category, in March 2025, there were four sales, valued at $2,044,900, compared to three sales in March 2024, valued at $1,524,000.

Totals for residential sales indicate 19 units sold, valued at $10,933,600 in March 2025, compared to 27 sales in March 2024, valued at $16,368,900.

For nonresidential sales, there was one unit of vacant land sold in March 2025, valued at $95,000, compared to two units in March 2024, valued at $478,000.

Total for nonresidential sales was one for $95,000 in March 2025, and two for $478,000 in March 2024. Grand totals indicated 20 sales in March 2025, valued at $11,028,600, compared to 30 sales in March 2024, valued at $16,846,915.

Average monthly selling price in March 2025 was $592,580, with an average of 43 days on the market, compared to $636,083 in March 2024, with an average of 83 days on the market.

There were 72 new residential listings in March 2025, with 207 active listings at the end of the month. There were 32 new nonresidential listings in March 2025, with a total of 85 active listings at the end of the month. Grand total for listings at the end of March 2025 is 292.

“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

Did you know that real estate agents can also help you rent?

Finding a living space to suit your needs and budget can be quite a challenge. From the landlord’s perspective, the search for a reliable and trustworthy tenant can be equally daunting. Fortunately, a real estate agent can simplify the process for both parties.

For tenants

Rental properties are rarely in short supply. However, some listings can be problematic due to inaccurate photos, unreasonable requests or discrimination. A real estate agent can help verify the legitimacy of the property and guide you through all the legal stages of the rental process.

Real estate agents have keen insights into the housing market and often know of available properties not listed on popular rental websites. During housing shortages, this access can greatly increase your chances of finding that rare gem.

For homeowners

From the homeowner’s point of view, putting a house or apartment

up for rent can be overwhelming. A real estate agent can assist with various tasks, such as tak ing professional photos of the property, organizing viewings and even managing credit and reference checks for potential tenants.

In addition, real estate agents are marketing experts. They can boost the visibility of a rental property through specialized platforms, virtual tours and social media.

Are you looking for a home or a tenant? Contact a real estate agent in your area today to make the process easier.

Macrame is back!

Originally popular in the 1970s, macrame has recently resurfaced in home decor. Here are some creative ways to incorporate these knotted rope designs into your living space.

Hanging plants

Arguably THE most popular way to use macrame, plant hangers are elegant and affordable. Simply attach a hook to the ceiling, and you’re ready to go.

Wall decorations

Macrame wall art comes in a variety of designs, from geometric shapes to animal figures. These pieces vary in

size, making them a versatile option for any space, whether it’s your living room or a child’s bedroom.

Lampshades

You can add a unique touch to your space with a macrame lampshade. It provides subdued lighting to create a calming atmosphere, an ideal addition to your living or dining room.

Macrame can also be found in other esthetic and practical items, such as rugs, cushions and placemats. Do you want to get in on the trend? Visit your local home decor boutiques for inspiration.

HOMES AT A GLANCE

ADDRESS

Our Annual Events

Our Annual Events

Battle of the Badges: This charity hockey game splits its proceeds between Cops for Cancer Tour De Coast & The Breakfast Program from the Powell River Firefighters Charity. We organize program sponsorships, prize giveaways and sell 50/50 on game day as our way to support these charities.

Battle of the Badges: This charity hockey game splits its proceeds between Cops for Cancer Tour De Coast & The Breakfast Program from the Powell River Firefighters Charity. We organize program sponsorships, prize giveaways and sell 50/50 on game day as our way to support these charities.

Marathon Shuffle: The Marathon Shuffle is an annual hike, run, or “shuffle” along a 27-kilometre section of the Sunshine Coast Trail (SCT). It’s been an annual spring tradition for many since 1993. The event is a collaborative effort between qathet Parks and Wilderness Society (qPAWS), the Tla’amin Nation and the BOMB Squad (Bloody Old Men’s Brigade) to promote the world class Sunshine Coast Trail. 460 Realty is honored to be sponsoring and volunteering at the Finish Line for the 3rd straight year since the event’s return. 118-4801

At the Springtime Garden Centre’s Spring Market, A great way for us to connect with our community and support other local business!

Marathon Shuffle: The Marathon Shuffle is an annual hike, run, or “shuffle” along a 27-kilometre section of the Sunshine Coast Trail (SCT). It’s been an annual spring tradition for many since 1993. The event is a collaborative effort between qathet Parks and Wilderness Society (qPAWS), the Tla’amin Nation and the BOMB Squad (Bloody Old Men’s Brigade) to promote the world class Sunshine Coast Trail. 460 Realty is honored to be sponsoring and volunteering at the Finish Line for the 3rd straight year since the event’s return.

BC OWNED AND OPERATED

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