Port Renfrew real estate market — prices, sold data & trends

Is Port Renfrew a buyer's or seller's market?

As of the latest data, Port Renfrew is a buyer's market. There are about 51.0 months of inventory — over 7 months gives buyers the upper hand. Around 0.0% of homes sold above asking, and the typical sale closed at 96.2% of list price.

How much does a home cost in Port Renfrew?

The median sold price for a home in the Port Renfrew neighbourhood is $550K. The average sold price is $541K. That works out to roughly $524 per square foot.

Are homes in Port Renfrew selling over asking?

0.0% of homes that sold in the Port Renfrew neighbourhood closed above their list price. The typical home sold at 96.2% of asking — just under list.

How long do homes take to sell in Port Renfrew?

Half of the homes that sold in the Port Renfrew neighbourhood went under contract within about 153 days — the median days on market. A longer time on market gives buyers more negotiating room.

Is now a good time to buy or sell in Port Renfrew?

It depends which side you are on. With about 51.0 months of inventory, the Port Renfrew neighbourhood favours buyers. Buyers have more choice and negotiating room, with homes taking around 153 days to sell — sellers need to price sharply to stand out.

What is the best time of year to sell a home in Port Renfrew?

Across the past two years, sales activity in the Port Renfrew neighbourhood has been strongest in July and quietest in December. In Greater Victoria the spring market — roughly March through June — is typically the busiest selling season, when buyer demand and prices tend to peak, with activity easing over the winter.

How many homes are for sale in Port Renfrew?

As of the latest data there are 17 active home listings in the Port Renfrew neighbourhood. Over the period, 22 new listings came to market and 4 sold, which is about 51.0 months of inventory at the current sales pace.

Do homes in Port Renfrew sell for more than their assessed value?

The typical home in the Port Renfrew neighbourhood sold at 80.5% of its BC-assessed value — below its assessed value. Assessments are set once a year and lag the market, so a ratio above 100% is common when prices are rising.

Directional market benchmarks from Repliers MLS, BC Assessment & VREB — not an appraisal or personalized advice.