The Top Most Expensive Communities on Vancouver Island for August 2025

by Jason Anson

The Top Most Expensive Communities on Vancouver Island for August 2025 brings together single family detached results, not acreage and not waterfront, from across the Island. Below is a ranked table based on the twelve months to date average price. Use it to see where values are highest, how prices have moved over the past year, and how year to date trends compare by community.

Top Most Expensive Communities on Vancouver Island – August 2025

# Community Average Price Year-over-Year Year to Date Change
#1 Fairwinds $1,377,579 -7.03% -2.88%
#2 Tofino $1,173,800 -2.51% -8.51%
#3 Mill Bay $1,110,400 -3.72% -3.33%
#4 North Nanaimo $1,063,892 +12.75% N/A
#5 Hammond Bay $1,063,672 +7.31% N/A
#6 Nanoose $1,029,483 -8.83% -4.86%
#7 North Jingle Pot $1,027,567 -6.80% +7.77%
#8 Saltair $1,022,500 +12.96% +8.68%
#9 Cowichan Bay $959,000 -0.31% -0.34%
#10 Qualicum Beach $954,681 -5.85% -2.74%
#11 Pleasant Valley $948,900 +23.04% N/A
#12 Ucluelet $925,352 +22.89% +8.08%
#13 Cowichan Station/Glenora $925,000 +13.09% +12.86%
#14 Cedar $912,751 +3.84% -1.31%
#15 South Jingle Pot $911,800 0.00% N/A
#16 French Creek $907,757 -0.44% +4.17%
#17 Departure Bay $894,704 +7.96% N/A
#18 Cobble Hill $887,500 -4.05% -4.64%
#19 Honeymoon Bay $884,541 +0.58% +0.34%
#20 Parksville $856,784 +2.82% +2.25%
#21 Diver Lake $854,000 0.00% N/A
#22 East Duncan $840,000 +0.96% +0.90%
#23 Chemainus $829,000 -1.54% -1.33%
#24 Chase River $816,250 -1.66% N/A
#25 Ladysmith $810,000 +0.75% +0.77%
#26 University District $800,130 +3.44% -0.61%
#27 Campbell River South $796,492 +6.14% +4.59%
#28 Shawnigan Lake $795,000 -8.62% -8.28%
#29 Uplands $787,731 +1.97% N/A
#30 Lake Cowichan $762,000 +11.57% +11.15%
#31 Campbell River West $761,089 -3.59% -7.43%
#32 Brechin Hill $757,986 +5.32% +7.67%
#33 Campbell River Central $719,686 +3.11% +4.14%
#34 Central Nanaimo $693,500 +1.61% +2.78%
#35 Campbell River North $693,400 +0.86% +1.91%
#36 West Duncan $690,000 -3.63% -3.60%
#37 Crofton $668,000 -6.96% -6.93%
#38 Old City $661,833 +10.31% +8.07%
#39 South Nanaimo $649,419 +1.47% -0.31%
#40 Youbou $609,000 -6.89% -7.13%
#41 Alberni Valley $581,455 +7.02% +5.58%
#42 Port Alberni $559,321 +0.64% -0.34%
#43 Port McNeill $506,640 -2.90% +0.05%
#44 Port Hardy $499,900 +13.96% +25.21%
#45 Kelsey Bay/Sayward $439,571 +11.10% +47.45%
#46 Port Alice $392,500 -6.66% N/A
#47 Gold River $370,867 +8.84% +4.14%
#48 Campbellton $344,667 -22.12% -35.45%
Malahat Proper N/A N/A N/A
Extension N/A N/A N/A
Hyde Creek/Nimpkish Heights N/A N/A N/A
Bamfield N/A -100.00% N/A
Alberni Inlet N/A N/A N/A

Fairwinds leads Vancouver Island for August 2025 with an average just under one point four million dollars. Tofino takes the second position with pricing above one point one million dollars, and Mill Bay remains the top Cowichan Valley community. The north end of Nanaimo is a clear premium cluster, with North Nanaimo and Hammond Bay both a little over one million dollars, followed by Nanoose and North Jingle Pot.

Among strong movers, Pleasant Valley posted a twenty three percent annual gain, and Ucluelet rose almost twenty three percent year over year. Saltair and Cowichan Station and Glenora also showed double digit annual increases. On the value side, Campbellton, Gold River, and Port Alice recorded the lowest averages on the twelve month view, while Port Hardy and Kelsey Bay and Sayward moved higher year to date as activity broadened in the North Island.

Results are based on the twelve months to date average sell price per unit for single family detached homes that are not acreage and not waterfront. Year over year change compares the rolling twelve month average with the same window last year. Year to date change compares the average for the year so far with the same period last year. Communities with no qualifying sales show N/A for one or more fields.

Source: Vancouver Island Real Estate Board (VIREB)

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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.