Powell River Sunshine Coast Real Estate Board

The number of homes sold through the MLS® System of the Powell River Sunshine Coast Real Estate Board totaled 26 units in April 2026. This was a large decline of 29.7% (11 sales) from April 2025.

Home sales were 11.6% below the five-year average and 19% below the 10-year average for the month of April.

On a year-to-date basis, home sales totaled 78 units over the first four months of the year. This was a substantial decline of 25.7% from the same period in 2025.

“Sales activity declined sharply at the beginning of the year and has not yet shown any signs of coming back up,” said Curtis Yungen, President of the Powell River Sunshine Coast Real Estate Board. “Inventories are slowly winding down due to a smaller number of new listings entering the market but remain elevated, and our market balance is still sitting just inside buyer’s territory. Buyers wanting to enter the market will find they have ample choice and a favourable pricing environment, but may be wary given the cloudy general economic outlook.”

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $551,700 in April 2026, a moderate decrease of 4.4% compared to April 2025.

The benchmark price for single-family homes was $565,700, falling by 3.9% on a year-over-year basis in April. By comparison, the benchmark price for apartment units was $329,800, down sharply by 17.4% compared to a year earlier.

The average price of homes sold in April 2026 was $655,166, down only 0.3% from April 2025.

The more comprehensive year-to-date average price was $605,826, down by 4.1% from the first four months of 2025.

The dollar value of all home sales in April 2026 was $17 million, a substantial decrease of 29.9% from the same month in 2025.

The number of new listings saw a moderate decrease of 5.9% (four listings) from April 2025. There were 64 new residential listings in April 2026.

New listings were 2.6% above the five-year average and 11.7% above the 10-year average for the month of April.

Active residential listings numbered 221 units on the market at the end of April, a substantial decline of 12.6% from the end of April 2025.

Active listings were 15.8% above the five-year average and 41.8% above the 10-year average for the month of April.

Months of inventory numbered 8.5 at the end of April 2026, up from the 6.8 months recorded at the end of April 2025 and above the long-run average of 5.7 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.