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 22 units in March 2026. This was an increase of 15.8% (three sales) from March 2025.

Home sales were 19.7% below the five-year average and 24.1% below the 10-year average for the month of March.

On a year-to-date basis, home sales totaled 52 units over the first three months of the year. This was a large decline of 23.5% from the same period in 2025.

“Sales activity came in below averages for this time of year. Overall inventories have also been declining on a monthly basis from their peak in the spring of last year, suggesting that some sellers are taking a break from the market,” said Curtis Yungen, President of the Powell River Sunshine Coast Real Estate Board. “A winding down of supply isn’t necessarily detrimental to our market, and conditions have softened and are now tilted in favour of buyers. This may present more opportunities to those who have been waiting for a better time to get back into the search for a new place to live.”

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 $539,500 in March 2026, a decrease of 5.9% compared to March 2025.

The benchmark price for single-family homes was $552,700, a moderate decrease of 5.6% on a year-over-year basis in March. By comparison, the benchmark price for apartment units was $331,600, a sharp decrease of 13.9% compared to a year earlier.

The average price of homes sold in March 2026 was $648,332, increasing by 12.7% from March 2025.

The more comprehensive year-to-date average price was $581,156, a decline of 6% from the first three months of 2025.

The dollar value of all home sales in March 2026 was $14.3 million, up sharply by 30.5% from the same month in 2025.

The number of new listings saw a substantial decrease of 18.9% (14 listings) from March 2025. There were 60 new residential listings in March 2026.

New listings were 2% below the five-year average and 8.9% above the 10-year average for the month of March.

Active residential listings numbered 203 units on the market at the end of March, a large decline of 15.8% from the end of March 2025.

Active listings were 15.5% above the five-year average and 40.9% above the 10-year average for the month of March.

Months of inventory numbered 9.2 at the end of March 2026, down from the 12.7 months recorded at the end of March 2025 and above the long-run average of 5.8 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.