Sales volumes in the local market have rebounded as expected with the spring house hunting season well underway. The month of March saw 18 transactions take place within the City of Port Alberni boundaries. The average sale price was $187,106.
Sales activity for the month of March is still down 50% from the previous year when the average price was $209,242. Many more sellers are chasing fewer buyers in a market where listing inventory is up 36% from the same time last year.