The Top Most Expensive Communities in the Surrounding Islands for August 2025

by Jason Anson

The Top Most Expensive Communities in the Islands for August 2025. Curious which communities topped the Islands housing market this month? Below is a ranked list of the most expensive areas for single-family detached homes (not acreage or waterfront) in August 2025. This snapshot highlights where prices are climbing, where they are cooling, and how each community compares across the zone.

Islands Breakdown by Single Family Detached (Not Acreage or Waterfront) for August 2025

# Community Average Price (12 Months) Year-over-Year Year to Date Change
#1 Gabriola Island $901,510 +5.38% +12.21%
#2 Quadra Island $729,333 +0.26% +11.41%
#3 Denman Island $696,500 +5.13% N/A
#4 Cortes Island $580,000 N/A N/A
#5 Alert Bay $275,000 -21.99% -25.68%
#6 Hornby Island N/A N/A N/A
#7 Lasqueti Island N/A N/A N/A
#8 Read Island N/A N/A N/A

Gabriola Island leads the Islands this month with a 12-month average price just over nine hundred thousand dollars and double-digit momentum year to date. Quadra Island follows with steady gains, including an eleven percent year-to-date lift on the back of a higher average this year.

Denman Island sits in the mid range with a modest rise compared with last year. Cortes Island shows a stable picture at five hundred eighty thousand dollars for both the 12-month and year-to-date averages. At the value end of the list, Alert Bay records the lowest average and remains below last year on both annual and year-to-date comparisons. Some communities such as Hornby Island, Lasqueti Island, and Read Island reported no single-family detached sales in the current periods, so averages and changes are not available.

Source: Vancouver Island Real Estate Board

 

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You have reached the end of this article, but the story of Vancouver Island real estate does not stop here. I have lived on the island for more than 30 years and have seen how communities grow, shift, and adapt to changing demand. In my professional work I focus on proving actual market value with market movement data, helping both buyers and sellers understand where they fit in today’s market. Use these guides to explore regional areas and continue learning how housing, lifestyle, and community trends connect across the island at Living on Vancouver Island.