Detached Homes
- Average List Price $769,562
- Average Sale Price $796,596
- Average Sale/List Ratio 102.9%
- Highest Sale/List Ratio for one property this year was 123.5% (list price in the $800’s and sale price above $1 million-this property had no ocean view)
- A total of 26 properties are sold or pending in 2021
- Average days on market of 34 days
- Out of 26 properties sold, only 4 were oceanfront and these sold for between $860,000 and $1,400,000
Land
- Average List Price $313,375
- Average Sale Price $308,225
- Average Sale/List Ratio 98%
- A total of 20 properties sold or pending (accepted unconditional offer) in 2021
- Lots ranged in size from 0.072 acre to 11.75 acres
- Average days on market of 149 days
- Out of 20 properties sold, only 2 were waterfront priced between $490,000 and $499,900
The median sold price for a single detached home went from $645,000 in 2020 to $810,500 in 2021. Record low inventory over at least the past five years continues to drive up prices.
Currently, there are only two homes for sale on Quadra below $1,000,000. One is a 2 bedroom home at 733 Cramer Rd listed at $799,000 and the other is a 2 bedroom home at 681 Bull Rd listed at $999,000. There are only 3 lots for sale at this time. Two of the lots are 4.9 acre lots at 129 Joyce Rd listed at $642,000 and $657,000 and the other is a 4 acre lot on April Point Rd listed at $1,400,000.
For a list of sales or current listings sent to your email including a link to photo galleries contact me at renee@quadraisland.ca or call/text 250-203-8652.
