Powell River Real Estate Market Report
Executive Summary
Dan BraunLocal expert · Powell RiverThe Powell River, British Columbia real estate market is currently classified as a balanced market. The MLS composite benchmark price is $554K, down 4.2% year-over-year.
There are currently 232 active listings, representing 5.3 months of inventory. According to Powell River Sunshine Coast Real Estate Board, there were 45 sales and 69 new listings in June 2026. Inventory has increased 30.3% compared to last month.
Currently, listings spend an average of 90 days on market and the average price per square foot is $402.
Board Data vs Our Listings
| Metric | Powell River Sunshine Coast Real Estate Board | Our Listings |
|---|---|---|
| Benchmark / Median Price | $554K | $564K |
| Average Price | $604K | $796K |
| Active Listings | 238 | 232 |
| Detached Benchmark | $570K | $933K |
Detached properties make up the largest share of the Powell River market at 68% of active listings with an average price of $933K. Condo listings follow at 32% (avg $556K).
Sales Activity & Absorption
Volume
Market Signals
Powell River Sunshine Coast Real Estate Board reported 45 sales this period, 54 new listings appeared in the past month.
Powell River Sunshine Coast Real Estate Board Monthly Report
The number of homes sold through the MLS® System of the Powell River Sunshine Coast Real Estate Board totaled 45 units in June 2026. This was up by 25% (nine sales) from June 2025. Residential sales haven’t hit this level in the month of June in five years.
Home sales were 32.4% above the five-year average and 20.6% above the 10-year average for the month of June.
On a year-to-date basis, home sales totaled 155 units over the first six months of the year. This was a substantial decrease of 11.9% from the same period in 2025.
“Sales activity came in unexpectedly strong in June, rising to the highest level for this month in five years,” said Curtis Yungen, President of the Powell River Sunshine Coast Real Estate Board. “There wasn’t an accompanying surge in new listings, so it looks like buyers were doing the heavy lifting on the increase in activity. While overall supply levels are still elevated, the rise in demand brought inventories down closer to their long-term norms and tightened up the market.”
The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $553,500 in June 2026, down by 4.2% compared to June 2025.
The benchmark price for single-family homes was $569,700, a minor decrease of 3.9% on a year-over-year basis in June. By comparison, the benchmark price for apartment units was $293,800, a substantial decline of 17% compared to a year earlier.
The average price of homes sold in June 2026 was $603,689, a moderate decrease of 9.1% from June 2025.
The more comprehensive year-to-date average price was $587,986, decreasing by 8.1% from the first six months of 2025.
The dollar value of all home sales in June 2026 was $27.2 million, a gain of 13.6% from the same month in 2025. The dollar volume of all homes sold hasn’t been this high in the month of June in five years.
The number of new listings was up by 4.5% (three listings) from June 2025. There were 69 new residential listings in June 2026.
New listings were 3.6% below the five-year average and 1.3% above the 10-year average for the month of June.
Active residential listings numbered 238 units on the market at the end of June, a substantial decrease of 13.1% from the end of June 2025.
Active listings were 6.1% above the five-year average and 27.8% above the 10-year average for the month of June.
Months of inventory numbered 5.3 at the end of June 2026, down from the 7.6 months recorded at the end of June 2025 and below the long-run average of 5.5 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.
Source: Powell River Sunshine Coast Real Estate Board, June 2026
Market Balance
Months of Inventory
Demand significantly outpaces new supply — expect competitive offers.
Moderate absorption — healthy turnover.
At 5.3 months of inventory, the market is balanced. Neither buyers nor sellers have a decisive advantage — a good time for realistic pricing and considered offers.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Westview | 65 | $546K |
| Penticton Maze | 44 | $800K |
| Cranberry | 21 | $595K |
| Wildwood | 9 | $409K |
| Old Townsite | 5 | $361K |
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 232 active listings with a median price of $564K and 5.3 months of inventory.
According to Powell River Sunshine Coast Real Estate Board, the composite benchmark price is $554K (-4.2% year-over-year). There were 45 sales recorded, with a sales-to-active listings ratio of 18.9%. This indicates a balanced market with moderate competition.
- Prices declining (-30.5% in 30 days)
- Low price reduction rate (0% of listings)
- Slow-moving market (90 avg days on market)
- Average price per square foot is $402
Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily, with board statistics from Powell River Sunshine Coast Real Estate Board. Prepared by Dan Braun with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS® listings as of July 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.