2021 was definitely a sellers' market. There was a low inventory of properties for sale and a large influx of buyers due to a number of factors including continued low interest rates and COVID. Salt Spring buyers were looking to move from the cities, move to larger houses because they were working from home and buying recreational properties.
Here is a review of the 2021 Salt Spring real estate market in graph form. The data comes from the Victoria Real Estate Board Multiple Listings Service. Sales on other boards, exclusive listings and private sales are not included in these numbers.