Vancouver Island (BCREA)
Market Data & Trends
Overview
British Columbia Real Estate Association (BCREA) reported 540 sales in the Vancouver Island board area in September 2026, down 14.6% from a year earlier.
Across the 33 months on record, monthly sales in the Vancouver Island board area ran from a high of 841 in June 2025 to a low of 329 in January 2024. Added together, those months come to 20,150 sales, an average of 611 a month.
In the Vancouver Island board area, the last three months (July 2026 to September 2026) averaged 617 sales a month against 693 in the same three months a year earlier, a decrease of 10.9%.
Months of supply in the Vancouver Island board area stood at 7.4 in September 2026.
A year earlier, in September 2025, it stood at 5.9 months, so supply has loosened by 1.5 months.
These are figures published by British Columbia Real Estate Association (BCREA) for the Vancouver Island board area. The comparisons above — the sales total and monthly average, the three-month comparison and the change in months of supply — are arithmetic compiled by this publication from 33 monthly releases, January 2024 through September 2026.
Months of supply is not printed in these releases: this publication calculated it as active listings divided by that month's sales, both as published.
Market Balance
Months of supply is not printed in these releases: this publication calculated it as active listings divided by that month's sales, both as published.
Source: Vancouver Island (BCREA) via its published market report
Period: September 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.