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Journal Article
Where the Pacific's Magic Becomes Success
2023
Overview
At the closing of 2022, in the B.C.S. market, as a whole, the average price of homes sold (721) in that year, came to $1,029,682 dollars, compared to $720,135 for the 395 homes sold in 2019, equal to +42.89% price increase and an 82.53% increase on number of homes sold. The average price of Condominiums sold (1,136) in 2022 came to $447,316 dollars, compared to $403,441 average for the 415 units sold in 2019, representing a +10.77% price increase and a +173.74% on number of units sold! 2022 B.C.S. Total Sales and Sales Per Market The analysis of Land sales also reflects a similar uptrend behavior: during 2022 there were 744 land units sold, with an average price of $283,316 dollars, compared to 2019 (498 units) sold, at an average unit price of $175,499. [...]the land sale price increased 61.43%, and the number of units sold were up 49.40%.
Publisher
Counselors of Real Estate, The
Subject
