Oakwyn Realty Ltd.

Bowen Island Real Estate Market Report

Executive Summary

DB
Dan Braun

The Bowen Island, British Columbia real estate market is currently classified as a balanced market. The median asking price is $1.4M, down 3.2% over the past 30 days.

There are currently 101 active listings, representing 16.8 months of inventory. 13 properties have sold in the past 90 days at a median sold price of $1.6M. Inventory has increased 10000.0% compared to last month.

Currently, listings spend an average of 7 days on market and the average price per square foot is $856.

Detached properties make up the largest share of the Bowen Island market at 86% of active listings with an average price of $1.8M. Condo listings follow at 14% (avg $987K).

Sales Activity & Absorption

Volume

6
Sold (30d)
13
Sold (90d)
7
Avg DOM
100
New (30d)

Market Signals

14
Price Cuts (30d)
82
New (7d)
100%
Sell-Through
97.3%
List-to-Sale

6 properties sold in the past 30 days, 100 new listings appeared in the past month, 14 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
16.8months
Strong Buyer's Market
Sell-Through Rate100.0%
Inventory Change (30d)+10000.0%
Site Active Listings101

With 16.8 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $1.4M, 20% down, 25yr amortization
$6,747/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

The market is relatively balanced between buyers and sellers. The Bowen Island market currently has 101 active listings with a median price of $1.4M and 16.8 months of inventory.

  • High inventory (16.8 months) favors buyers
  • Prices declining (-3.2% in 30 days)
  • High sell-through rate (100%)
  • Fast-moving market (7 avg days on market)
  • Average price per square foot is $856
  • Sold properties averaged -27 days on market

For Buyers

The Bowen Island market is balanced. You have reasonable options, but well-priced homes will still draw interest. Get pre-approved and stay informed on new listings. There were 82 new listings in the past week.

For Sellers

Price your home realistically based on recent sales. Focus on presentation and highlight unique features. Well-priced properties are still selling within reasonable timeframes. 14 listings have reduced their price in the past 30 days. The current sell-through rate is 100%.

Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.

Search Bowen Island

Browse all 101 active listings.

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Resources

Explore Bowen Island

Homes for Sale in Bowen Island101 active listingsCost of Living in Bowen IslandHousing, rent & expensesSold Data in Bowen IslandRecent sales & prices

Market data is calculated from active and recently sold MLS® listings as of May 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.