Gabriola's Quarterly Real Estate Newsletter
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The Gabriola Blog
Recent Market Activity on Gabriola

There are currently 100 MLS listings for sale on Gabriola, 41 of these are lots and acreage and 59 are homes. As of September 30th 2015 there were 88 sales since the beginning of the year, 17 of which were lots and acreage and 71 were homes.
The homes sold in the price range of $123,400 – $929,000. Of the 71 homes that sold, 38 sold under $300,000, 17 sold in the range of $300,000 – $400,000, 9 sold in the range of $400,000 – $600,000, and 7 sold over $600,000.
There was an approximate 8.5% increase in the number of sales for 2015, year to date, compared to last year’s 81 sales for the same time period, 18 of which were lots and acreage and 63 were homes. 

Vancouver Island Real Estate Board (VIREB)
Current Market Trend

VIREB reports that sales remain robust, a trend expected to continue for the rest of the year. Inventory has decreased from last year. The provincial economy is healthy and activity should remain strong into 2016.

Canadian Real Estate Association Forecast

Home sales in BC and Ontario were stronger than expected and made up 60% of the nation wide activity. BC continues to see some of the strongest economic growth in the country and is projected to post the largest annual increase in activity in 2015.
Autumn on Gabriola

Gabriola is experiencing beautiful fall weather, still quite warm and dry. The local farmers have ample produce in their gardens and will continue to sell this abundance at the Saturday Farmers’ market, the market at the Commons on Wednesday, and at the farm gate stalls. The new shops that opened this summer are doing well and offer greater variety to all that call this lovely island home. The beaches and parks are wonderful places to walk and enjoy the fall colours. There is a new playground to be installed in November in the Rollo McClay Park next to the ball fields.
**Tomorrow Night**
Twilight Radio Theatre performs at The Surf Lodge on October 28th, 7:30-9:00pm.

"Twilight Radio Theatre welcomes Gabriolans to its premiere season of Live Radio Dramas! Tina Jones, Chris Jans, David Botten and Kathy McIntyre dare you to join them at the Surf Lodge for an extraordinary all-hallows-evening of tricks and treats as they transport you back in time to a radio sound stage of yesteryear.

Advance tickets are $18 and can be purchased at The Hive Emporium and The Surf Dining Room. Tickets at the door will be $20. To enjoy an exceptional pre-show dinner, with cabaret seating, please call 250-247-9231 to make a reservation."

On Friday, October 30th, Sheila Norgate will be performing her one woman show "Seriously Funny Girl" which sold out at the 2015 Gabriola Theatre Festival. HIVE Emporium, 8pm. $15 for advance tickets/$20 at the door.

The Gabriola Volunteer Firefighters' Association will provide Halloween fireworks at 7:30 pm at Twin beaches on October 31st.

The Pubs offer live music some evenings, and there will be many more events as Christmas approaches. The Gabriola Elementary School hosts an excellent Craft Fair and Silent Auction PAC Fundraiser, Saturday, December 5th 10am - 3pm.

For more Gabriola events click here.
Copyright © 2015 The McMahon Group, All rights reserved.

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