Port Alberni Real Estate Blog

Last month we reported an observation that the real estate market in Port Alberni had slowed. At the time we wondered if it was a momentary pause or the beginning of something more significant. Shortly after we released that market update, things started to pick back up. We’re happy to say it was a pause!

Port Alberni Real Estate Update - October 2017

To back up this statement we’ve run all of the single family homes sales statistics for the greater Alberni Valley (excluding all waterfront properties) for the month of September. This is what we found:

  September 2017 September 2016
New Listings  41  40
Sales  39  42
Average List Price  $265,292  $234,687
Average Sale Price  $256,844  $226,119
Median Sale Price
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The best articles are usually the result of a need. While sitting down with a client today it was brought to my attention that there is a real need in the Port Alberni real estate industry for more information about specific neighbourhoods. After all, people are not just buying a house; they’re buying into a neighbourhood too.

Of course, our team were pioneers in making it possible for the public to browse real estate by neighbourhood. Today, because of this request from a client we are going to begin expanding on that, by providing more textured information about each Alberni Valley neighbourhood.

South Alberni

We have to start somewhere, so we’ll start with South Alberni. Why? Because it’s my neighbourhood, and my family LOVES living here! 

South Alberni

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Without a doubt, one of the most common questions I'm asked as a Realtor is, "What is the best time of year to sell?"  Common wisdom clearly says that Spring is the best time to list your property for sale.  My honest, professional, opinion is that the fall is the best time of year to sell.  Let's examine why. 

Best Time if Year to Sell Real Estate

It really starts with a simple concept: If you want to do well in the real estate market (or any market) do the exact opposite of what the masses are doing. Frankly, if the masses had it right, we'd be a country full of millionaires. When everyone is rushing to sell, you should be thinking about buying, and vice versa.   

Now let's apply this concept to the Port Alberni real estate market. For our purposes, let's assume that the seasons

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China Creek Campground is one of the most stunning places in the Alberni Valley, a place that even some locals are only vaguely aware of. Personally I was first introduced to China Creek as a scuba diver. There is an amazing underwater wall along the shoreline, which is a place to see Giant Pacific Octopus, Wolf Eels, Sea lions to name just a few. Even more amazing is that there is also one of the world's only shore accessible artificial reefs (shipwreck) right here in Port Alberni.

China Creek Campground

In recent years the Port Alberni Port Authority has done an amazing job of promoting this jewel of the Alberni Valley.  To see what I mean, check out the link to their website below. This spring, our team was approached by the Port Alberni Port Authority to see if we

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For the first time in a number of years there is a little uncertainty in the real estate market. In Port Alberni the market paused at the end of August. This pause is expected by real estate professionals, as everyone (Real Estate Agents included) are out enjoying the last throes of summer and getting ready for autumn. This year, however, the slowdown was coupled with news about housing markets slowing down across the country and another round of interest rate increases by the Bank of Canada.

Port Alberni Real Estate Market Update Sept 2017

With all this change in the national real estate market, it seemed like an ideal time to look at the actual numbers for the Port Alberni real estate market. To get a good feeling, we’ve decided to look back at all single family homes sales (excluding

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How times have changed. When I began my real estate career in 2003, print materials were critical to selling homes. At that time we had one computer in our office that every real estate agent shared. At that time telephones tended to be of the flip of variety, if they weren’t attached directly to a wall. Today, the Internet is king in real estate marketing, and newspapers advertising is a distant memory.  

Virtual Real Estate Viewings

As a real estate marketer this is important information, because I need to set out a marketing plan for our team that allows for maximum exposure for our clients. In the Vancouver Island Real Estate Board’s most recent Buyer Survey, it is reported that 75% of people that bought last year on Vancouver Island, were first introduced to the property

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Let me begin by wishing you all a happy, healthy and prosperous New Year!  I must admit that I look forward to January 1st every year, because the annual sales data becomes available from the Vancouver Island Real Estate Board.  You see, not only am I a real estate addict, but I also studied economics and statistics in University.  Confucius famously said, “Choose a job you love, and you will never have to work a day in your life.”  Well, I guess I have the day off!  I hope our team’s clients, and everyone in the Alberni Valley, finds this information helpful.  Please don’t hesitate to call, email, or leave any questions you may have, in the comments section below.

How did the real estate market do in 2013?  What’s in store for 2014? If you own a

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As I sit here running through the data and writing this market update, I can hear the rain steadily pouring outside my office window.  It’s still afternoon by the clock, but the sky is starting to darken.  Winter has definitely arrived in Port Alberni.  That doesn’t both me though; whenever I start to feel like complaining I just thank the powers that be that we’re not (and never will be) buried under 10’ of snow!   

This market update is going to be of one of purely optimistic anecdotal observations, mixed with the same old story from the stats.  As a Realtor I can tell you it feels unseasonably busy!  My phones are ringing, and my email account is steady stream of people exploring buying or selling real estate.  At Coast Realty Group we have two

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Coming Soon to the MLS...

3693 Michigan Road, Port Alberni BC
$299,900.00

North Alberni. This 2,000 sq.ft. home is located in the highly sought after upper North Alberni neighbourhood. The main floor of the home enjoys: a bright and spacious living room with feature wood fireplace; an adjoining dining room; the kitchen with access to the large covered sundeck; the master bedroom; two additional bedrooms; and a three piece bathroom. The ground floor consists of: a large entrance; a family room; a laundry room; and unfinished area. The home sits on a large 66' x 122' lot with a big fenced back yard. The upper North Alberni area is close to the preferred John Howitt Elementary school, parks, nature trails, and the Pacific Rim Shopping Center. There is a

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Coming Soon to the MLS...

3621 Grieve Road, Port Alberni BC
$389,900

Grieve Park. This 3,400 sq.ft. home sits back beautifully on a large 87' x 125' lot in one of the Alberni Valley's most sought after neighbourhoods. The main floor is composed of: the living room with feature wood insert set in beautiful stone; an adjoining dining room; a bright kitchen with feature breakfast bar, and dining area with sliding doors to the sundeck; a five piece bathroom; a master bedroom with three piece ensuite and sliding doors access to the balcony; and two additional bedrooms. Downstairs enjoys: a second living room with feature wood insert; a second kitchen with adjoining dining area; two additional bedrooms, a third bathroom, a sauna, and an in-house workshop.

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