Sarah Baikie Personal Real Estate Corporation - RE/MAX Check Realty - Campbell River area

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Each month the Vancouver Island Real Estate Board (VIREB) generates statistical data based on Multiple Listing Service (MLS) activity. Campbell River is broken down to five sub areas: Campbell River North, Quinsam/Campbellton, Campbell River City, Willow Point and Oyster River North.

 

In 2013, 778 single family homes were listed in Campbell River with 457 sold. That’s an impressive 59% sell-to-list ratio compared to 2012’s 47% sell-to-list ratio. The majority of sales occurred in Willow Point (47.6%). The remaining occurred in Campbell River City (32%), Oyster River North (8.6%), Quinsam/Campbellton (6.6%) and Campbell River North (5.2%). The average price of a home in 2012 was $287,922 and in 2013 it rose to $293,037. If you’re a first time homebuyer or investor, and did not snap up a property in the past year, your hesitation cost you approximately $5,000. That’s a new roof or a holiday!

 

In 2013, the hottest single family home price range was $200,000 to $350,000. Breaking it down, 115 homes priced $200,000-$250,000, 118 homes priced $250-000-$300,000 and 107 homes priced $300,000-$350,000. The reigning queen house style was a rancher (with a minimum of 3 bedrooms and 2 bathrooms) with 165 selling from January 1st 2013 to December 31st 2013. A remarkable 36% of 2013s total single family home sales.

 

In 2012, single family homes on average sold for 95% of list price with an average of 82 days on market to sell. Sellers were able to breath easier in 2013, gaining upwards to 97% of list price and 68 days on market to sell.

 

If you purchased property in Campbell River in 2013, nice one! You deserve more than a pat on the back, you’ve earned a holiday!

 

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate.