Parksville Qualicum Beach Real Estate News & Market Trends

I am Melanie Peake, Realtor® with Royal LePage Parksville-Qualicum Beach Realty.  We service Parksville, Qualicum Beach, Nanoose, Errington, Lantzville, Nanaimo and Cedar.  You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community events.  We truly care about our community and want to help you find your place in it.  Please reach out if you have any questions at all. We’d love to talk with you! MLS® data updated every 5 minutes!!!

June 4, 2019

Housing Market Stats May 2019 for Parksville, Qualicum Beach, Nanoose, and Nanaimo

The video above focuses on May 2019 Real Estate market stats for Parksville / Qualicum Beach / Nanoose and Nanaimo. These stats include the average home price for the last 12 months compared to the year prior. There has been a lot of new activity in the Parksville area including some new developments. I have recently hosted an Open House at Duggan Heights which have some beautiful lots close to the ocean. Also, I recently attended the Grand Reveal of the Bayside Oceanfront Resort - with some very classy renovations. Across the street from the Bayside Resort is a new rental development called Bayside Manor. If you are thinking of downsizing, this may be an option for you.

Contact me today for a free market valuation. Please email:

Wardrobe: Obakki Foundation Scarf. 100% of proceeds go to water wells in South Sudan. Show your support here:

Posted in Market Updates
March 14, 2019

700 Foxtail Ave MLS® 451858

Enjoy this Spring in your serene, zen back yard! Relax or entertain on the back deck by the fish pond, gazebo and palm trees. The moment you enter this bright, spacious home you are greeted with a grand spiral staircase, open living room with gas fireplace; and hardwood flooring throughout the living room, dining room, hallway and Master Bedroom. View the video below or click here to see more photos...

Feb. 8, 2019

Housing Market Stats January 2019 for Parksville, Qualicum Beach, Nanoose, and Nanaimo

--> Watch the video above to view the last 12 month home price averages compared to the year prior for Parksville, Qualicum Beach, Nanoose, and Nanaimo.

Both Supply and Demand have affected home prices rising over the last year.  We are now seeing more inventory on the Market overall; which is bringing us into a more balanced market for most real estate markets on the mid-island. 

The mortgage stress test and rising interest rates have also affected the market by making it more difficult for buyers to qualify for mortgages.

Wardrobe in video: Obakki Foundation Scarf. 100% of proceeds go to water wells in South Sudan. Show your support here:

Posted in Market Updates
Feb. 8, 2019

MLS® Home Price Index

Posted in Market Updates
Sept. 7, 2018

Aug 2018 Housings Market Stats (Parksville/Qualicum/Nanoose/North Nanaimo/Hammond Bay)

Housing Market Stats August 2018 for Parksville, Qualicum Beach, Nanoose, North Nanaimo, Hammond Bay.  Watch now to learn about the 12 month home price averages compared to the year prior.  We are still seeing multiple offers on lower priced homes.  Homes in the higher price range are staying on the market a bit longer (compared to the Spring of 2018).

Posted in Market Updates
Aug. 2, 2018

412 Belmonte Place, Nanaimo

Spectacular, private ocean view home overlooking Hammond Bay, and even has its own elevator! This one owner custom home is on .26 acres within a quiet cul-de-sac. The impressive bright main level has oak hardwood flooring with large windows showcasing the stunning views of the Vancouver coastline. The immaculate kitchen includes custom cabinetry; a granite island, double wall convection ovens; and a gas burner cooktop. Ride the elevator to the upper level of the house right into the spacious master bedroom. Marvel at the views from the master & 6 piece ensuite which will take your breath away. Upstairs includes a large bonus room where the possibilities are endless: media room/craft room. The lower level of the home has an open family room that leads out to a covered patio - perfect for entertaining. Extra features: *New carpet *Generator hookup *100+ pot lights *Central Vacuum *Cold/wine room *Tiled heated basement flooring. Book today to see this gorgeous, executive home!

Posted in Market Updates
June 27, 2018

May 2018 Housing Market Stats

Market Stats May 2018

Gain insight into the Qualicum Beach, Parksville, Nanoose, North Nanaimo and Hammond Bay markets! Watch now to learn about the 12 month home price averages compared to the year prior.

* To view the listing featured in this video:

***Stats from VIREB (Vancouver Island Real Estate Board)

Posted in Market Updates
April 21, 2018

Downsizing in Parksville / Qualicum Beach

Downsizing in Parksville / Qualicum Beach

Steve Hoodspith, a local Financial Planner, and I talk about the topic of downsizing in the Real Estate market today. Have your kids left the home? Looking to live in a home with less square footage? Tired of doing yard work?

Once your home has sold, you may have a surplus of cash from the sale.  Steve talks about how he helps his clients through this transition in their life and the importance of learning about what is most important to the people he works with.

Curious what the average single family home in Parksville, BC sold for last year, have a watch.

If you have any questions regarding how a Financial Planner can help in the process of downsizing or estate planning, please contact Steve Hoodspith directly: or phone (250) 618-5099.

Real Estate Questions? Email me today! or phone (250) 954-0100.

** Stats pulled from VIREB - Vancouver Island Real Estate Board

Jan. 22, 2018

How a Notary can help in a Real Estate Transaction

How a Notary can help in a Real Estate Transaction

Tony MacAulay from Anthony MacAulay Notary Corp. explains the steps of conveyancing for buying / selling real estate transactions in the Parksville / Qualicum Beach / Nanoose area.

Here is a quick overview of the typical steps in a Real Estate Transaction:

  • Contract of Purchase and Sale complete
  • Client to phone Notary office to “get in the queue”
  • Subject Removal date
  • Real Estate Brokerage sends paperwork to Notary
  • Notary office to call client to confirm details and set up appointment
  • Client to meet with Notary approx. one week prior to completion date
  • Notary office to work on title searches and prepare documents
  • Completion Date / Adjustment Date / Possession Date - these dates vary per contract
  • Tony reiterated “Our focus is to communicate with the client and provide a good service”.

If you have any questions regarding how a Notary can help with your Real Estate transaction, please contact Tony directly:    or phone (250) 248-5775

Nov. 2, 2017

Mortgage Rule Changes - Effective Jan 1, 2018

Mortgage Rule Changes - Effective Jan 1, 2018

There are some important changes in the Canadian mortgage rules taking place January 1, 2018.  I sat down with Lisa Oleksiuk, with Dominion Lending Centres Island Living, to discuss what these changes are and how they will affect home buyers.  Lisa pointed out that the government will be introducing a stress test for conventional (non insured) mortgages.  If you are thinking about buying a home in the next few months, it's a good idea to book an appointment with a mortgage broker to find out how this may affect the amount you will be able to qualify for.