Powell River Sunshine Coast Real Estate Board MLS® home sales record quiet February as overall supply unwinds from elevated levels
The number of homes sold through the MLS® System of the Powell River Sunshine Coast Real Estate Board totaled 15 units in February 2026. This was a big decline of 34.8% (eight sales) from February 2025.
Home sales were 19.4% below the five-year average and 26.1% below the 10-year average for the month of February.
On a year-to-date basis, home sales totaled 30 units over the first two months of the year. This was a substantial reduction of 38.8% from the same period in 2025.
“February wasn’t a particularly active month for home sales, coming in below the averages for this month,” said Curtis Yungen, President of the Powell River Sunshine Coast Real Estate Board. “We’ve seen a general decline in seller activity since the third quarter of last year, with an accompanying gradual decrease in overall inventories from their recent peak around the same time. This has kept our market from sliding too far into buyer’s territory, although we are experiencing a softer housing market so far this winter.”
The average price of homes sold in February 2026 was $471,293, a sharp decrease of 25.3% from February 2025.
The more comprehensive year-to-date average price was $531,893, down sharply by 16.2% from the first two months of 2025.
The dollar value of all home sales in February 2026 was $7.1 million, a substantial decline of 51.3% from the same month in 2025.
The number of new listings saw a big reduction of 23.1% (15 listings) from February 2025. There were 50 new residential listings in February 2026.
New listings were 7.8% above the five-year average and 24.7% above the 10-year average for the month of February.
Active residential listings numbered 192 units on the market at the end of February, decreasing by 7.7% from the end of February 2025.
Active listings were 21.1% above the five-year average and 46.1% above the 10-year average for the month of February.
Months of inventory numbered 12.8 at the end of February 2026, up from the 9 months recorded at the end of February 2025 and above the long-run average of 8.2 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Board & Association Information
The Powell River Sunshine Coast Real Estate Board (PRSCREB) is a regional professional association proudly representing 52 REALTORS® in southwest BC. The board serves Powell River Saltery Bay to Lund, Texada Island, Savary Island and the North Coast up to Desolation Sound. It is important to call a REALTOR® to get data specific to the area you are interested in.

Powell River Sunshine Coast Real Estate Board
For more information,
please contact:
prscreb@shaw.ca
curtisyungen@remax.net
Phone: 604.485.6944
Curtis Yungen




