Bowen Island Real Estate Market Report

The Bowen Island, British Columbia real estate market is currently classified as a balanced market. The MLS® composite benchmark price is $1.4M, down 2.7% year-over-year.

There are currently 80 active listings. Inventory has increased 21.2% compared to last month.

Currently, the average price per square foot is $865.

Board Data vs Our Listings

MetricGreater Vancouver REALTORS (HPI)Our Listings
Benchmark / Median Price$1.4M$1.5M
Active Listings8080
Detached Benchmark$1.4M$2.0M

Detached properties make up the largest share of the Bowen Island market at 74% of active listings with an average price of $2.0M. Condo listings follow at 26% (avg $1.3M).

Sales Activity & Absorption

Volume

14
New (30d)
3
New (7d)
80
Active
14
New (30d)

Market Signals

0
Price Cuts (30d)
3
New (7d)
0%
Sell-Through
3
New (7d)

14 new listings appeared in the past month.

Neighborhoods

AreaListingsAvg Price
Bowen Island77$1.8M
Avg 2 schools nearbyAvg 4 parks nearbyAvg 1 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $1.5M, 20% down, 25yr amortization
$6,922/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

The market is relatively balanced between buyers and sellers. The Bowen Island market currently has 80 active listings with a median price of $1.5M.

According to Greater Vancouver REALTORS (HPI), the composite benchmark price is $1.4M (-2.7% year-over-year).

  • Low price reduction rate (0% of listings)
  • Low sell-through rate (0%)
  • Average price per square foot is $865

For Buyers

The Bowen Island market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings. There were 3 new listings in the past week.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes. The current sell-through rate is 0%.

Data sourced from CREA DDF® active listings. Metrics computed from listing data updated daily, with benchmark statistics from Greater Vancouver REALTORS (HPI). Prepared by Eyal Pevzner with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of August 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.

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Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

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