Vancouver Island Townhomes Market Report

or Create your own market report
Current Vancouver Island Townhome Data

Vancouver Island Townhomes Market Report

Track current townhome market conditions across Vancouver Island north of the Malahat, including asking-price ranges, price per square foot, days on market and active inventory for townhouses, row homes and patio homes listed through the Vancouver Island Real Estate Board. The figures below are generated from current MLS® data and update as homes are listed, sold or repriced.

Island townhome market caution: Townhome listings on the Island include everything from older two-storey row units in Nanaimo and Campbell River to new rancher-style patio homes in Parksville, Qualicum Beach and Courtenay, many of them in 55+ communities, so the average reflects the current mix of age, size and location as much as market direction. Compare within one community and one home style for a useful read.
Townhomes for sale on Vancouver Island
Vancouver Island Townhome Market Townhouses, row homes and patio homes across the Island's mid-sized communities
How to Read the Numbers

Understanding Vancouver Island Townhome Market Data

Townhomes are the Island's middle market, and the mix of family row homes and downsizer patio homes shapes every figure in this report.

01

Patio Homes Are a Big Share

Single-level patio homes and ranchers, often in bare-land stratas, are a signature of the Oceanside and Comox Valley markets. Demand from downsizers means they often list for more per square foot than a two-storey family townhouse of the same age.

02

Bare-Land vs Conventional Strata

Many Island townhome developments are bare-land stratas, where you own the lot under your home and the fees cover shared roads and services. Insurance, maintenance responsibilities and monthly fees differ from a conventional strata, which affects both carrying costs and value.

03

New Construction Skews the Figures

New townhouse projects in Nanaimo, Parksville, Courtenay and Campbell River list at a premium to resale, and a project releasing several units at once can lift the average price and the days-on-market figure together until the units are absorbed.

04

Active Listings, Not Sold Prices

These statistics describe current asking prices and days on market, not sold values. Valuing a specific property takes recent comparable sales in the same community and adjustments for that property.

Address Beds Baths Living ft2 List Price Cost per ft2 DOM
6140B Mcgirr Rd 2 2 1,154 $499,000 $432 0 days
2310 Guthrie Rd Unit ##38 3 3 1,834 $720,000 $392 0 days
300 Grosskleg Way Unit ##21 2 2 1,077 $509,900 $473 0 days
6595 Groveland Dr Unit ##7 2 2 1,313 $679,000 $517 0 days
128 Ocean Walk Dr 3 3 2,044 $599,900 $293 0 days
772 Robron Rd Unit ##1 3 2 1,294 $414,900 $320 1 day
6004 Nelson Rd Unit ##110 3 3 1,357 $679,900 $501 5 days
6347 Pinewood Lane 2 3 1,709 $710,000 $415 1 day
721 Malone Rd Unit ##6 3 1 996 $283,900 $285 1 day
285 Harewood Rd Unit ##12 2 2 970 $395,000 $407 1 day
3255 Folkestone Dr 2 3 1,954 $674,900 $345 1 day
240 Higson Cres Unit ##10 2 2 1,166 $399,900 $342 4 days
850 Arbutus St Unit ##16 2 2 1,494 $719,900 $481 6 days
846 Ackerman Rd Unit ##18 3 2 1,456 $950,000 $652 5 days
477 Lampson St Unit ##7 3 1 910 $399,000 $438 5 days
4820 Bridgewood Close 2 3 1,613 $659,900 $409 5 days
5980 Jaynes Rd Unit ##22 3 3 2,312 $624,900 $270 6 days
3219 Point Pl 2 3 2,218 $850,000 $383 5 days
202 Haida Ave 3 2 1,458 $349,900 $239 6 days
327 Hilchey Rd Unit ##A1 3 3 1,438 $549,900 $382 7 days
930 Braidwood Rd Unit ##413 3 3 1,383 $454,900 $328 8 days
1225 Centre Rd Unit ##4 3 2 1,217 $435,000 $357 7 days
144 Fourth E Ave Unit ##7 2 2 1,098 $669,800 $610 7 days
3025 Cowichan Lake Rd Unit ##30 2 2 1,199 $415,000 $346 7 days
1800 Summerhill Pl Unit ##110 3 3 1,477 $574,900 $389 7 days
6149 Washington Way Unit ##102 3 2 1,205 $519,900 $431 8 days
240 Stanford E Ave Unit ##106 2 2 1,253 $585,000 $466 8 days
1244 4th Ave Unit ##302 2 2 1,710 $572,500 $334 8 days
6154 Saturna Ave 2 2 1,432 $624,900 $436 9 days
3397 Pinestone Way 4 4 2,028 $799,000 $393 9 days
1700 Pritchard Rd Unit ##23 2 3 1,974 $649,900 $329 9 days
595 Evergreen Rd Unit ##13 2 2 1,112 $429,900 $386 9 days
1036 Boxcar Close 2 3 1,014 $669,900 $660 12 days
961 Trunk Rd Unit ##7 3 2 1,623 $399,000 $245 12 days
6057 Doumont Rd Unit ##102 2 3 1,208 $509,900 $422 12 days
717 Aspen Rd Unit ##84 3 3 1,345 $545,000 $405 13 days
340 Young St Unit ##12 2 2 1,175 $519,900 $442 13 days
3003 Keystone Dr Unit ##110 2 3 1,332 $599,000 $449 13 days
126 Ocean Walk Dr 3 3 2,040 $605,900 $297 13 days
4128 Emerald Woods Pl 2 2 1,369 $676,500 $494 13 days
5267 Arbour Cres 2 2 1,289 $569,900 $442 15 days
3242 Cowichan Lake Rd Unit ##20 3 2 1,700 $473,000 $278 15 days
3774 12th Ave Unit ##5 2 2 1,339 $475,000 $354 15 days
5160 Hammond Bay Rd Unit ##105 4 4 2,118 $799,900 $377 15 days
158 Back Rd Unit ##8 2 1 978 $325,000 $332 19 days
703 Turner Rd Unit ##34 2 2 1,482 $699,900 $472 15 days
703 Turner Rd Unit ##32 2 3 1,482 $699,900 $472 15 days
301 Arnet Rd Unit ##1 2 1 917 $710,000 $774 16 days
100 Apex Ridge Pl 4 3 2,686 $819,000 $304 15 days
5453 Woodland W Cres 2 2 1,111 $399,900 $359 16 days
Average: 2.6 2.4 1,508 $619,495 $427 70 days
Viewing 1 - 50 of 320
Viewing 1 - 50 of 320
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
2001 Blue Jay Pl Unit ##42 3 2 1,329 $720,000 $541 32 days
Average: 3.0 2.0 1,329 $720,000 $541 32 days
Viewing 1 - 1 of 1
Viewing 1 - 1 of 1

NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and 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. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.