Bowen Island Real Estate Market Report

The Bowen Island, British Columbia real estate market is currently classified as a balanced market. The MLS® composite benchmark price is $1.4M, down 2.7% year-over-year.

There are currently 99 active listings, representing 9 months of inventory. 27 properties have sold in the past 90 days at a median sold price of $1.3M. Inventory has increased 20.7% compared to last month.

Currently, listings spend an average of 136 days on market and the average price per square foot is $958.

Board Data vs Our Listings

MetricGreater Vancouver REALTORS (HPI)Our Listings
Benchmark / Median Price$1.4M$1.4M
Active Listings9999
Detached Benchmark$1.4M$1.5M

Detached properties make up the largest share of the Bowen Island market at 100% of active listings with an average price of $1.5M.

Sales Activity & Absorption

Volume

11
Sold (30d)
27
Sold (90d)
136
Avg DOM
17
New (30d)

Market Signals

2
Price Cuts (30d)
3
New (7d)
85%
Sell-Through
93.0%
List-to-Sale

11 properties sold in the past 30 days, 17 new listings appeared in the past month, 2 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
9months
Strong Buyer's Market
Sell-Through Rate84.6%
Inventory Change (30d)+20.7%
Site Active Listings99

With 9 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg Price
Bowen Island99$1.9M
Avg 2 schools nearbyAvg 4 parks nearbyAvg 1 transit stops nearby

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 99 active listings with a median price of $1.4M and 9 months of inventory.

According to Greater Vancouver REALTORS (HPI), the composite benchmark price is $1.4M (-2.7% year-over-year).

  • High inventory (9 months) favors buyers
  • Low price reduction rate (2% of listings)
  • High sell-through rate (85%)
  • Slow-moving market (136 avg days on market)
  • Average price per square foot is $958
  • Sold properties averaged -2 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 3 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. 2 listings have reduced their price in the past 30 days. The current sell-through rate is 85%.

Data sourced from BCRES active and sold listings. Metrics computed from listing data updated daily, with benchmark statistics from Greater Vancouver REALTORS (HPI). Prepared by Eyal Pevzner with AI assistance, reviewed by our team.

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Market data is calculated from active and recently sold MLS® listings as of August 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.