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 45 units in June 2026. This was up by 25% (nine sales) from June 2025. Residential sales haven’t hit this level in the month of June in five years.

Home sales were 32.4% above the five-year average and 20.6% above the 10-year average for the month of June.

On a year-to-date basis, home sales totaled 155 units over the first six months of the year. This was a substantial decrease of 11.9% from the same period in 2025.

“Sales activity came in unexpectedly strong in June, rising to the highest level for this month in five years,” said Curtis Yungen, President of the Powell River Sunshine Coast Real Estate Board. “There wasn’t an accompanying surge in new listings, so it looks like buyers were doing the heavy lifting on the increase in activity. While overall supply levels are still elevated, the rise in demand brought inventories down closer to their long-term norms and tightened up the market.”

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 $553,500 in June 2026, down by 4.2% compared to June 2025.

The benchmark price for single-family homes was $569,700, a minor decrease of 3.9% on a year-over-year basis in June. By comparison, the benchmark price for apartment units was $293,800, a substantial decline of 17% compared to a year earlier.

The average price of homes sold in June 2026 was $603,689, a moderate decrease of 9.1% from June 2025.

The more comprehensive year-to-date average price was $587,986, decreasing by 8.1% from the first six months of 2025.

The dollar value of all home sales in June 2026 was $27.2 million, a gain of 13.6% from the same month in 2025. The dollar volume of all homes sold hasn’t been this high in the month of June in five years.

The number of new listings was up by 4.5% (three listings) from June 2025. There were 69 new residential listings in June 2026.

New listings were 3.6% below the five-year average and 1.3% above the 10-year average for the month of June.

Active residential listings numbered 238 units on the market at the end of June, a substantial decrease of 13.1% from the end of June 2025.

Active listings were 6.1% above the five-year average and 27.8% above the 10-year average for the month of June.

Months of inventory numbered 5.3 at the end of June 2026, down from the 7.6 months recorded at the end of June 2025 and below the long-run average of 5.5 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.