Powell River Real Estate Market Report
Executive Summary
Eyal PevznerLocal expert · Powell RiverThe Powell River, British Columbia real estate market is currently classified as a balanced market. The MLS® composite benchmark price is $563K.
There are currently 240 active listings, representing 10.1 months of inventory. According to Powell River (BCREA), there were 23 sales in July 2026. Inventory has increased 21.8% compared to last month.
Currently, the average price per square foot is $401.
Board Data vs Our Listings
| Metric | Powell River (BCREA) | Our Listings |
|---|---|---|
| Benchmark / Median Price | $563K | $560K |
| Average Price | $598K | $778K |
| Active Listings | 232 | 240 |
Detached properties make up the largest share of the Powell River market at 70% of active listings with an average price of $876K. Condo listings follow at 30% (avg $584K).
Sales Activity & Absorption
Volume
Market Signals
Powell River (BCREA) reported 23 sales this period, 43 new listings appeared in the past month.
Market Balance
Months of Inventory
Low absorption — inventory is building.
With 10.1 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
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 Powell River market currently has 240 active listings with a median price of $560K and 10.1 months of inventory.
According to Powell River (BCREA), the composite benchmark price is $563K. There were 23 sales recorded, with a sales-to-active listings ratio of 9.9%. This indicates a buyer's market with ample inventory relative to demand.
- High inventory (10.1 months) favors buyers
- Low price reduction rate (0% of listings)
- Average price per square foot is $401
Data sourced from CREA DDF® active listings. Metrics computed from listing data updated daily, with benchmark and sales statistics from Powell River (BCREA). Prepared by Eyal Pevzner with AI assistance, reviewed by our team.
Monthly Reports Archive
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.