Real estate market reveals jump in sales
January was busier than same month last year, according to real estate board president
PAUL GALINSKI reporter@prpeak.com
This year is off to a strong start in terms of real estate sales, according to Powell River Sunshine Coast Real Estate Board president Curtis Yungen.
Yungen said January 2025 had 24 total residential sales compared to January 2024, which had 19 total sales.
“Single-family homes saw an increase of 35.71 per cent in the same period in units sold, from 14 in January 2024 to 19 in January 2025,” said Yungen.
“New listings and median price for single-family homes were almost the same in January 2025 as January last year. We had 36 new listings this January and 35 last January. Median price for single-family homes was $692,000 this January, and was $690,000 last January, for only a 0.3 per cent change.”
In the single-family homes category, there were 19 sales in January 2025, valued at $13,648,900, compared to 14 sales in January 2024, valued at $9,287,050. There was one sale of $169,900 in the mobiles and manufactured homes category in January 2025, compared to no sales in January 2024.
Condos, apartments and duplexes
had four sales in January 2025, valued at $1,876,400, compared to two sales in January 2024, valued at $845,000.
Total for the residential category for January 2025 was 24 sales, valued at $15,695,200, compared to 16 sales in January 2024, valued at $10,132,050.
On the nonresidential side, there was one parcel of vacant land sold in January 2025, valued at $321,000, compared to three sales in January 2024, valued at $540,000.
Grand totals for all sales indicate 25 sales in January 2025, valued at $16,016,200, compared to 19 sales in January 2024, valued at $10,672,050.
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Average selling price for a single-family dwelling in January 2025 was $718,363, with an average of 106 days on the market. Average selling price in January 2024 was $663,361, with an average of 58 days on the market.
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There were 53 new residential listings in January 2025 and nine nonresidential, for a total of 62. In terms of active listings at the end of the month, there were 151 residential and 55 nonresidential, for a total of 206 active listings.
Curtis Yungen President, Powell River Sunshine Coast Real Estate Board
Real estate sales in January 2025 were up over the January 2024 sales, starting the year off in a good way, according to local real estate board president Curtis Yungen. // Paul Bradbury, OJO Images, Getty Images
7015 HAZELTON ST $599,900
3 BEDS • 2 BATH
Expansive ocean view with a nicely finished in-law suite in the basement, this home has a big yard and sits on a quiet street in central Westview. With good month-to-month tenants up and down, the home offers a great investment and an opportunity to help out with the housing shortage!
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RARE OPPORTUNITY! This C1 (General Commercial) building in downtown core. With many recent updates this turn-key home on a large high-exposure lot on Joyce Avenue is ideal for accommodation but is also zoned for: retail, light manufacturing, offices, and more!
4460 JOYCE AVENUE
$299,900 MLS® 18616
This level corner lot provides access and parking for your boat and recreational vehicles, and enjoys views and morning sun from the south, and vibrant sunsets and scenic mountain vistas from your covered front porch.
7068 ROYSTON STREET
$734,900 MLS®18509
2.2 acres in the heart of Westview offering breathtaking ocean views, fronting three streets, with a gentle slope ideal for tiered development, and a solid character home with outbuildings. The possibilities are endless for this one-of-a-kind property.
7108 KEMANO STREET
$1,399,900 MLS®18391
CENTRAL GROUND-FLOOR VIEW CONDO.
This well-loved ground floor unit in Coryl Gardens provides a rare combination of convenient access and panoramic view. Secure underground parking and storage locker plus common room, and is walking distance to amenities.
105-4477 MICHIGAN AVE
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Located on a wide-fronting lot with an accessible half-acre+ of land, this turn-key main-level-entry home with ground floor contained suite, walk out baseme nt and attached garage is also conveniently located a short stroll from Mowat Bay.
5930 MOWAT AVENUE
$799,900 MLS®18591
Spectacular VIEW and unique OCEANFRONT within walking distance of moorage at sheltered Texada Marina or the potential to install a buoy for private anchorage. This amazing 23-acre, very private property has a six year old house, separate bunkhouse, self contained trailer.
1837 BLUBBER BAY RD
$1,499,900 MLS®18432
OCEANVIEW ACREAGE!
This gently sloping 3.46-acre building lot in Paradise Valley is just minutes from town and offers incredible ocean views and southern exposure in a picturesque rural setting.
LOT 3 CENTENNIAL DRIVE
$424,900 MLS®18318
MOVE-IN-READY! Stylishly remodeled with high-end upgrades, this two-story half-duplex has so much to offer. Main-level-entry home on a private pan-handle lot has full yard access with recently upgraded driveway.
4555A MICHIGAN AVE
C304-6900 BURNABY STREET
WATERFRONT! This waterfront property offers a combination of exceptional home and awe inspiring seaside living. The gently sloping lot is over 0.5 an acre with 80’ of pristine beachfront.
1752 HOLLINGSWORTH ROAD
$1,675,000 MLS®18625
$585,000 MLS®18622 HAVE IT ALL! This home checks all the boxes: design, space, finishing, parking, view and location. The 2018-built main-level-entry home features an open concept plan and walk-out basement with contained suite.
3783 TRAIL PLACE
$949,900 MLS®18631
WATERFRONT VILLA. Set on a large, widefronting waterfront lot on a no-thru road in a peaceful bay along the shores of the Sunshine Coast, this level-entry home with open-concept plan and walk-out basement has received a massive kitchen upgrade.
2108 MAHOOD ROAD
$1,899,900
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STUNNING OCEANFRONT HOME, GUEST CABIN AND SHOP UPPER SUNSHINE COAST
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3.55 acre rural property. 12,314 sq. ft. light industrial building accommodating a wide range of uses. 20 ft ceilings, 3 roll up doors, leveling deck, 400 amp single phase & 100 amp 3-phase power, 15 gpm drilled well, approved septic & 1,105 sq. ft. of office space. 364 ft of road frontage with a gated paved driveway
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HOMES AT A GLANCE
J Chilco Ave Dustin Villeneuve
4 47-6271 McAndrew Ave Curtis Yungen
Mowat Ave Josh Statham *PREC
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6 5381 Hamber Ave Mike Kaban
10 Grenville St Sunny Dawn Kostelnik
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20 5379 Manson Ave Sunny Dawn Kostelnik
20 6777 Cranberry St Neil Frost *PREC
Manson Ave Neil Frost *PREC
Victoria St Kait Melvin
Harwood Ave Paige Anderson
Manson Ave Paige Anderson
Strathcona Ave Paige Anderson
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19 7015 Hazelton St Bill
Apartment complex construction underway
PAUL GALINSKI - reporter@prpeak.com
Ground has been broken for the new 40-unit apartment complex between Alberta and Franklin avenues in central Westview, in preparation for the pouring of concrete for its foundation.
Crowne Pacific Development Corporation president Brett Giese said his construction company has secured a building permit with City of Powell River, so work has begun on the new rental facility.
“We’re on track,” said Giese. “Snow is obviously not great for moving forward with concrete, but by the end of this week, we’ll be pouring concrete for sure. Building the apartment complex in that location will be a transitioning point for the community.”
Of the 40 apartments, 15 per cent will be of the affordable housing variety. The complex will have a mix of two-bedroom, one-bedroom and bachelor apartments. Giese said the two-bedroom apartments will be facing the west, with views of the Salish Sea, while the smaller apartments will be on the east side.
The project, named Evo, will be five storeys in height and have a single level of concrete structure below for parking and amenity space. The upper five stories will be wood frame, with the bottom level made of concrete. Construction is estimated to take 12 to 14 months.
Giese’s company has been extensively involved in providing rental housing in Powell River, having just completed the Uptown project on Joyce Avenue adjacent to the Coastal Breeze complex and near qathet General Hospital. Giese said the first building with 46 units welcomed residents on August 1, 2024. The larger second building that has the gymnasium and all the amenities opened on February 1.
Giese said that Veyron Properties, the company responsible for management of the apartment complexes, which will own and operate the complexes, has set up its regional office in the Uptown facility.
“We’re in the process of filling up the facility and welcoming renters,” said Giese. “We now have a permanent location for Veyron to be, for
people to come and talk about what we have available at our properties.”
Giese said crews from the Uptown project will be migrating to the Evo facility.
“They’ve just wrapped up over there, so they can shift right over,” said Giese.
Having committed to building more than 180 units in Powell River, Giese said he will continue to monitor availability of land and demand for rental accommodation. When asked if he would consider building more property in town, Giese said he
is always looking for opportunities.
“I thought the city was onto something interesting, and I haven’t heard much about it lately, but I know they brought in a consultant, and they were contemplating using some of the underutilized properties around the community,” said Giese. “I believe one of them was the old sewage treatment plant in Westview, which would be a great feather in the cap for the city, and for whomever, if they open it up for proposals. It’s a great location and would be a great repurposed use of a current eyesore.”
