Residential sales activity in the Vancouver Island area rose in the second quarter of 2025 compared to the second quarter of 2024.
Residential property sales numbered 2,359 units in the second quarter of 2025, up 6.1% compared to the same quarter in 2024.
Sales rose 11.9% for single detached homes, were down 4.6% for townhouse and row units, and were down 0.4% for apartment units compared to a year earlier in the second quarter.
| Summary - Sales by Housing Type | |||
|---|---|---|---|
| Category | Q2-2025 | Q2-2024 | Year-over-year % change |
| Single Detached | 1,530 | 1,367 | 11.9 |
| Townhouse/row | 269 | 282 | -4.6 |
| Apartment | 248 | 249 | -0.4 |
| Summary – Median Price by Housing Type | |||
|---|---|---|---|
| Category | Q2-2025 | Q2-2024 | Year-over-year % change |
| Single Detached | $830,000 | $820,000 | 1.2 |
| Townhouse/row | $561,000 | $574,750 | -2.4 |
| Apartment | $425,000 | $400,000 | 6.3 |
