Market Updates

May 16, 2020

Port Alberni Market Update - May 2020

What an interesting time to be alive as a human being, and certainly in the real estate industry there's no exception to that. At the very beginning of this health crisis, back in March we real estate agents were deemed by the government to be an essential service. This ...

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Jan. 1, 2020

Port Alberni Market Update - January 2020

Market Wide Summary

Overall, the number of sales in the greater Alberni Valley was down for 2019 when compared to the previous year. This marks the second consecutive year with a decreased in the number of properties sold, and the lowest mark of sales since 2014. However, the number of ...

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April 20, 2019

Port Alberni Market Update - April 2019

In last month’s real estate market update for Port Alberni we looked at the year-to-date stats. At first glance they painted an alarming picture with single family homes sales down to 32 on the year, compared to 75 for the same time period in the previous year. I’m happy to ...

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March 14, 2019

Port Alberni Market Update - March 2019

We're at the 2 1/2 month mark into the 2019 real estate market, and it's becoming clear that this year is going to be different in Port Alberni. I've been serving the real estate industry in the Alberni Valley for over 15 years now, and 2019 ...

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Feb. 18, 2019

Port Alberni Market Update - February 2019

This year, in Port Alberni real estate, feels both familiar and different.  Different because the market has been quiet, which is the first time we've had a slow spell in the market in a few years. The same, because over the majority of my 16 years in real ...

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Jan. 1, 2019

The Fenton Report January 2019

Happy New Year! It has become a New Year’s tradition that I lock myself in my office on the morning of January 1st and pore over the MLS statistics for the Port Alberni and Sproat Lake real estate markets. The result is the first addition of The Fenton Report for ...

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Nov. 23, 2018

Alberni Valley Real Estate Update - November 2018

If I had to use one word to describe the 2018 Port Alberni real estate market, I would use the word 'balance'. If given a second word, I'd add on 'transition'. After 4+ years of a market moving, more-and-more, into a Seller Market, we appear to be in a ...

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Oct. 15, 2018

Alberni Valley Real Estate Update - September 2018

What an incredibly beautiful fall we're having! I'm not sure I ever remember a fall quite this warm and sunny. One of my favourite thing about the fall is that it is a time of change, and while every season is a time of change, the changes we ...

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Aug. 1, 2018

The Fenton Report - 1st Half 2018

Overall sales in the greater Alberni Valley were down for the first half of 2018 when compared to the previous year. For the purposes of our statistical analysis we have used the actual average sale price for the first half. However, when graphing the units sold in the chart below ...

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May 2, 2018

Alberni Valley Real Estate Update - May 2018

The first four month of 2018 have been characterized by a significant shortage of inventory in the Alberni Valley real estate market. This shortage of inventory is more noticeable in certain price segments than others. For that reason, last month I broke the market stats into price segments, to better ...

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