Bowen realtors continue to enjoy hottest market in a decade

In April, 15 homes sold on Bowen making it the busiest single month for real estate on the island since 2005. Realtor Frazer Elliott said on May 27 that things are looking equally good for sales in the month of May.

“So far 10 homes have sold this month, and there are a number of accepted offers that are currently pending,” he says. “Ten homes, though, still counts as a very good month, and there are still four days left. Things are changing day by day.”

article continues below

So far this year, a total of 42 homes and 4 lots have sold on Bowen. Last year by the end of May, 19 homes and 5 lots had sold. The median price for homes on Bowen is currently $645,000.

Elliott says that with 35 homes on the market, inventory is still considered low. However, he is hopeful that more listings will come online andprices will remain stable, keeping the market steady.

© Copyright Bowen Island Undercurrent


NOTE: To post a comment you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Google+ You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

The Bowen Island Undercurrent welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. For further information, please contact the editor or publisher, or see our Terms and Conditions.

comments powered by Disqus