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by Jason Anson

Vancouver Island (Board Area) Home Values in August 2025, your quick overview of new listings, sales, median price, inventory, and days on market for Vancouver Island (Board Area) communities.

Vancouver Island (Board Area) Real Estate Market Report: August 2025

Single Family Detached (Not Acreage or Waterfront)

BOARD AREA: RESIDENTIAL - SINGLE FAMILY DETACHED (NOT ACREAGE OR WATERFRONT)
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 513 596 -13.93% 6,613 6,696 -1.24% 5,016 5,084 -1.34%
Units Reported Sold 339 330 2.73% 3,905 3,395 15.02% 2,757 2,510 9.84%
Sell / List Ratio 66.08% 55.37% 19.34% 59.05% 50.70% 16.47% 54.96% 49.37% 11.32%
Reported Sales Dollars $279,076,827 $266,452,893 4.74% $3,226,836,072 $2,765,169,864 16.70% $2,295,600,031 $2,055,514,245 11.68%
Average Sell Price / Unit $823,235 $807,433 1.96% $826,334 $814,483 1.46% $832,644 $818,930 1.67%
Median Sell Price $790,000 $793,000 $800,000
Sell Price / List Price 97.61% 97.67% -0.06% 97.88% 97.83% 0.05% 98.08% 98.01% 0.07%
Days to Sell 50 54 -7.41% 50 45 11.11% 47 44 6.82%
Active Listings 1,424 1,564

Did my single family detached home (not acreage or waterfront) value go up in Vancouver Island (Board Area) in August 2025? Yes: the average sell price rose to $823,235, 1.96% year over year.

How many days will it take to sell my single family detached home (not acreage or waterfront) in Vancouver Island (Board Area)? Typical time to sell was about 50 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Single Family Detached (Acreage)

BOARD AREA: RESIDENTIAL - SINGLE FAMILY DETACHED (ACREAGE)
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 105 111 -5.41% 1,331 1,359 -2.06% 1,008 1,039 -2.98%
Units Reported Sold 64 44 45.45% 582 496 17.34% 424 359 18.11%
Sell / List Ratio 60.95% 39.64% 53.76% 43.73% 36.50% 19.81% 42.06% 34.55% 21.74%
Reported Sales Dollars $75,782,751 $49,367,344 53.51% $729,719,193 $593,561,738 22.94% $537,488,551 $426,249,588 26.10%
Average Sell Price / Unit $1,184,105 $1,121,985 5.54% $1,253,813 $1,196,697 4.77% $1,267,662 $1,187,325 6.77%
Median Sell Price $985,000 $1,119,950 $1,148,950
Sell Price / List Price 95.85% 95.86% -0.01% 95.26% 95.97% -0.74% 95.37% 96.10% -0.76%
Days to Sell 70 67 4.48% 75 71 5.63% 68 67 1.49%
Active Listings 467 478

Did my single family acreage home value go up in Vancouver Island (Board Area) in August 2025? Yes: the average sell price rose to $1,184,105, 5.54% year over year.

How many days will it take to sell my single family acreage home in Vancouver Island (Board Area)? Typical time to sell was about 70 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Single Family Detached (Waterfront)

BOARD AREA: RESIDENTIAL - SINGLE FAMILY DETACHED (WATERFRONT)
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 48 58 -17.24% 692 720 -3.89% 529 579 -8.64%
Units Reported Sold 34 35 -2.86% 293 240 22.08% 208 180 15.56%
Sell / List Ratio 70.83% 60.34% 17.38% 42.34% 33.33% 27.03% 39.32% 31.09% 26.47%
Reported Sales Dollars $44,062,750 $43,028,344 2.40% $417,699,471 $364,527,693 14.59% $294,486,961 $272,401,893 8.11%
Average Sell Price / Unit $1,295,963 $1,229,381 5.42% $1,425,595 $1,518,865 -6.14% $1,415,803 $1,513,344 -6.45%
Median Sell Price $1,050,000 $1,250,000 $1,250,000
Sell Price / List Price 95.55% 95.77% -0.23% 95.19% 96.16% -1.01% 95.32% 96.48% -1.20%
Days to Sell 69 62 11.29% 73 70 4.29% 70 66 6.06%
Active Listings 275 290

Did my single family waterfront home value go up in Vancouver Island (Board Area) in August 2025? Yes: the average sell price rose to $1,295,963, 5.42% year over year.

How many days will it take to sell my single family waterfront home in Vancouver Island (Board Area)? Typical time to sell was about 69 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Single Family Detached (Combined)

BOARD AREA: RESIDENTIAL - SINGLE FAMILY DETACHED (COMBINED)
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 647 743 -12.92% 8,365 8,506 -1.66% 6,344 6,483 -2.14%
Units Reported Sold 423 397 6.55% 4,678 4,054 15.39% 3,319 2,996 10.78%
Sell / List Ratio 65.38% 53.43% 22.37% 55.92% 47.66% 17.33% 52.32% 46.21% 13.22%
Reported Sales Dollars $378,401,828 $344,982,137 9.69% $4,218,468,476 $3,604,420,801 17.04% $3,021,606,543 $2,681,744,732 12.67%
Average Sell Price / Unit $894,567 $868,973 2.95% $901,768 $889,102 1.42% $910,397 $895,108 1.71%
Median Sell Price $819,000 $825,000 $829,750
Sell Price / List Price 97.22% 97.28% -0.06% 97.31% 97.42% -0.11% 97.50% 97.59% -0.09%
Days to Sell 53 55 -3.64% 53 49 8.16% 50 47 6.38%
Active Listings 2,042 2,208

Did my single family detached home (combined) value go up in Vancouver Island (Board Area) in August 2025? Yes: the average sell price rose to $894,567, 2.95% year over year.

How many days will it take to sell my single family detached home (combined) in Vancouver Island (Board Area)? Typical time to sell was about 53 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Condo Apartment

BOARD AREA: RESIDENTIAL - CONDO APARTMENT
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 104 115 -9.57% 1,559 1,674 -6.87% 1,169 1,256 -6.93%
Units Reported Sold 74 68 8.82% 834 823 1.34% 580 592 -2.03%
Sell / List Ratio 71.15% 59.13% 20.33% 53.50% 49.16% 8.83% 49.62% 47.13% 5.28%
Reported Sales Dollars $32,588,300 $28,333,625 15.02% $364,466,833 $345,113,349 5.61% $252,996,545 $252,007,916 0.39%
Average Sell Price / Unit $440,382 $416,671 5.69% $437,011 $419,336 4.21% $436,201 $425,689 2.47%
Median Sell Price $427,000 $410,000 $408,000
Sell Price / List Price 97.34% 97.34% 0.00% 97.86% 97.98% -0.12% 98.02% 97.98% 0.04%
Days to Sell 62 60 3.33% 33 50 -34.00% 20 51 -60.78%
Active Listings 396 437

Did my condo apartment value go up in Vancouver Island (Board Area) in August 2025? Yes: the average sell price rose to $440,382, 5.69% year over year.

How many days will it take to sell my condo apartment in Vancouver Island (Board Area)? Typical time to sell was about 62 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Row/Townhouse

BOARD AREA: RESIDENTIAL - ROW/TOWNHOUSE
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 124 145 -14.48% 1,480 1,619 -8.59% 1,132 1,205 -6.06%
Units Reported Sold 72 69 4.35% 915 842 8.67% 609 626 -2.72%
Sell / List Ratio 58.06% 47.59% 22.00% 61.82% 52.01% 18.86% 53.80% 51.95% 3.56%
Reported Sales Dollars $43,680,150 $40,371,400 8.20% $532,381,787 $493,613,789 7.85% $349,966,841 $365,437,864 -4.23%
Average Sell Price / Unit $606,669 $585,093 3.69% $581,838 $586,240 -0.75% $574,658 $583,767 -1.56%
Median Sell Price $597,500 $573,000 $565,000
Sell Price / List Price 97.81% 98.25% -0.45% 98.40% 98.56% -0.16% 98.42% 98.43% -0.01%
Days to Sell 51 51 0.00% 54 51 5.88% 49 52 -5.77%
Active Listings 355 364

Did my row/townhouse value go up in Vancouver Island (Board Area) in August 2025? Yes: the average sell price rose to $606,669, 3.69% year over year.

How many days will it take to sell my row/townhouse in Vancouver Island (Board Area)? Typical time to sell was about 51 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Half Duplex

BOARD AREA: RESIDENTIAL - HALF DUPLEX
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 35 27 29.63% 338 318 6.29% 263 230 14.35%
Units Reported Sold 16 19 -15.79% 198 193 2.59% 144 140 2.86%
Sell / List Ratio 45.71% 70.37% -35.04% 58.58% 60.69% -3.48% 54.75% 60.87% -10.05%
Reported Sales Dollars $9,021,255 $11,545,375 -21.86% $124,287,839 $117,277,459 5.98% $91,011,781 $85,099,045 6.95%
Average Sell Price / Unit $563,828 $607,651 -7.21% $627,716 $607,655 3.30% $632,026 $607,850 3.98%
Median Sell Price $589,500 $620,000 $620,278
Sell Price / List Price 98.28% 98.68% -0.41% 98.52% 98.44% 0.08% 98.60% 98.79% -0.19%
Days to Sell 41 57 -28.07% 55 46 19.57% 54 46 17.39%
Active Listings 99 56

Did my half duplex value go up in Vancouver Island (Board Area) in August 2025? No: the average sell price fell to $563,828, -7.21% year over year.

How many days will it take to sell my half duplex in Vancouver Island (Board Area)? Typical time to sell was about 41 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Full Duplex

BOARD AREA: RESIDENTIAL - FULL DUPLEX
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 7 4 75.00% 59 80 -26.25% 43 60 -28.33%
Units Reported Sold 3 3 0.00% 27 24 12.50% 22 17 29.41%
Sell / List Ratio 42.86% 75.00% -42.85% 45.76% 30.00% 52.53% 51.16% 28.33% 80.59%
Reported Sales Dollars $1,704,900 $2,105,000 -19.01% $19,218,900 $18,817,800 2.13% $15,793,400 $12,817,000 23.22%
Average Sell Price / Unit $568,300 $701,667 -19.01% $711,811 $784,075 -9.22% $717,882 $753,941 -4.78%
Median Sell Price $649,900 $750,000 $710,000
Sell Price / List Price 96.66% 99.30% -2.66% 96.16% 96.94% -0.80% 96.31% 97.47% -1.19%
Days to Sell 81 41 97.56% 72 40 80.00% 69 43 60.47%
Active Listings 15 29

Did my full duplex value go up in Vancouver Island (Board Area) in August 2025? No: the average sell price fell to $568,300, -19.01% year over year.

How many days will it take to sell my full duplex in Vancouver Island (Board Area)? Typical time to sell was about 81 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Triplex

BOARD AREA: RESIDENTIAL - TRIPLEX
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 0 1 -100.00% 9 6 50.00% 7 4 75.00%
Units Reported Sold 0 0 3 1 200.00% 1 1 0.00%
Sell / List Ratio 0.00% 33.33% 16.67% 99.94% 14.29% 25.00% -42.84%
Reported Sales Dollars $0 $0 $2,235,000 $1,350,000 65.56% $725,000 $1,350,000 -46.30%
Average Sell Price / Unit $745,000 $1,350,000 -44.81% $725,000 $1,350,000 -46.30%
Median Sell Price $725,000 $725,000
Sell Price / List Price 95.39% 96.44% 90.74% 6.28% 96.44%
Days to Sell 36 56 21
Active Listings 0 3

Did my triplex value go up in Vancouver Island (Board Area) in August 2025? No: the average sell price fell to $745,000, -44.81% year over year.

How many days will it take to sell my triplex in Vancouver Island (Board Area)? Typical time to sell was about 36 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Quadruplex

BOARD AREA: RESIDENTIAL - QUADRUPLEX
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 2 3 -33.33% 15 12 25.00% 12 9 33.33%
Units Reported Sold 1 0 7 3 133.33% 4 3 33.33%
Sell / List Ratio 50.00% 0.00% 46.67% 25.00% 86.68% 33.33% 33.33% 0.00%
Reported Sales Dollars $1,750,000 $0 $7,430,000 $2,681,000 177.14% $4,690,000 $2,681,000 74.93%
Average Sell Price / Unit $1,750,000 $1,061,429 $893,667 18.77% $1,172,500 $893,667 31.20%
Median Sell Price $1,750,000 $1,075,000 $1,112,500
Sell Price / List Price 94.09% 89.88% 101.18% -11.17% 87.57% 101.18% -13.45%
Days to Sell 100 76 85 -10.59% 105 85 23.53%
Active Listings 6 5

Did my quadruplex value go up in Vancouver Island (Board Area) in August 2025? No change: the average sell price changed to $1,750,000, year over year.

How many days will it take to sell my quadruplex in Vancouver Island (Board Area)? Typical time to sell was about 100 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Manufactured Home

BOARD AREA: RESIDENTIAL - MANUFACTURED HOME
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 62 73 -15.07% 732 776 -5.67% 539 565 -4.60%
Units Reported Sold 45 46 -2.17% 441 420 5.00% 302 303 -0.33%
Sell / List Ratio 72.58% 63.01% 15.19% 60.25% 54.12% 11.33% 56.03% 53.63% 4.48%
Reported Sales Dollars $12,558,650 $16,447,250 -23.64% $147,803,025 $140,048,921 5.54% $98,424,188 $104,916,332 -6.19%
Average Sell Price / Unit $279,081 $357,549 -21.95% $335,154 $333,450 0.51% $325,908 $346,259 -5.88%
Median Sell Price $256,000 $300,000 $291,000
Sell Price / List Price 95.42% 95.48% -0.06% 95.73% 95.79% -0.06% 95.92% 95.93% -0.01%
Days to Sell 72 62 16.13% 71 53 33.96% 72 56 28.57%
Active Listings 196 194

Did my manufactured home value go up in Vancouver Island (Board Area) in August 2025? No: the average sell price fell to $279,081, -21.95% year over year.

How many days will it take to sell my manufactured home in Vancouver Island (Board Area)? Typical time to sell was about 72 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Recreational

BOARD AREA: RESIDENTIAL - RECREATIONAL
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 10 6 66.67% 107 74 44.59% 86 61 40.98%
Units Reported Sold 4 3 33.33% 37 23 60.87% 30 17 76.47%
Sell / List Ratio 40.00% 50.00% -20.00% 34.58% 31.08% 11.26% 34.88% 27.87% 25.15%
Reported Sales Dollars $1,253,000 $753,000 66.40% $18,646,899 $8,924,550 108.94% $15,486,900 $7,160,550 116.28%
Average Sell Price / Unit $313,250 $251,000 24.80% $503,970 $388,024 29.88% $516,230 $421,209 22.56%
Median Sell Price $278,000 $315,000 $310,000
Sell Price / List Price 89.58% 95.09% -5.79% 92.40% 89.90% 2.78% 92.93% 89.06% 4.35%
Days to Sell 57 96 -40.62% 96 101 -4.95% 95 103 -7.77%
Active Listings 44 33

Did my recreational property value go up in Vancouver Island (Board Area) in August 2025? Yes: the average sell price rose to $313,250, 24.80% year over year.

How many days will it take to sell my recreational property in Vancouver Island (Board Area)? Typical time to sell was about 57 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Land

BOARD AREA: RESIDENTIAL - LAND
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 91 104 -12.50% 1,219 1,288 -5.36% 899 946 -4.97%
Units Reported Sold 26 28 -7.14% 342 316 8.23% 226 233 -3.00%
Sell / List Ratio 28.57% 26.92% 6.13% 28.06% 24.53% 14.39% 25.14% 24.63% 2.07%
Reported Sales Dollars $16,183,500 $13,111,700 23.43% $157,992,506 $146,225,465 8.05% $107,256,181 $103,733,040 3.40%
Average Sell Price / Unit $622,442 $468,275 32.92% $461,966 $462,739 -0.17% $474,585 $445,206 6.60%
Median Sell Price $402,500 $380,000 $370,000
Sell Price / List Price 94.82% 94.07% 0.80% 93.48% 93.90% -0.45% 93.32% 95.18% -1.95%
Days to Sell 133 132 0.76% 112 112 0.00% 108 118 -8.47%
Active Listings 664 645

Did my land value go up in Vancouver Island (Board Area) in August 2025? Yes: the average sell price rose to $622,442, 32.92% year over year.

How many days will it take to sell my land in Vancouver Island (Board Area)? Typical time to sell was about 133 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Other

BOARD AREA: RESIDENTIAL - OTHER
Metric Current Month 12 Months to Date Year to Date
This Year Last Year % Change This Year Last Year % Change This Year Last Year % Change
Units Listed 5 2 150.00% 29 21 38.10% 24 15 60.00%
Units Reported Sold 0 0 4 6 -33.33% 3 4 -25.00%
Sell / List Ratio 0.00% 0.00% 13.79% 28.57% -51.73% 12.50% 26.67% -53.13%
Reported Sales Dollars $0 $0 $1,955,000 $3,776,999 -48.24% $1,855,000 $2,934,999 -36.80%
Average Sell Price / Unit $488,750 -22.36% $618,333 $733,750 -15.73%
Median Sell Price $297,500 $310,000
Sell Price / List Price 92.83% 89.34% 94.79% -5.75% 89.24%
Days to Sell 119 26.60% 94 33.00% 133
Active Listings 18 6

Did my other residential property value go up in Vancouver Island (Board Area) in August 2025? No: the average sell price fell to $488,750, -22.36% year over year.

How many days will it take to sell my other residential property in Vancouver Island (Board Area)? Typical time to sell was about 119 days.

Source: Vancouver Island Real Estate Board — August 2025. SAR = Sales ÷ Active Listings. MOI = Active ÷ Sales (∞ if no sales). Current-month readings reflect August 2025 for the Board Area.

Source: Vancouver Island Real Estate Board. Data reflect August 2025 Board Area figures.

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