The Comox Valley is currently in a balanced market meaning it’s at a happy medium between buyers and sellers.
As of August 31, 2019 we had 284 listings, up 27% from this time last year. 74 listings were sold, up 1.4% from August, 2018.
On average, it takes 40 days to sell a residential home. 60% slower compared to August 2018.
Average sale price for a detached home is $567,500, up 1.5% from $599,100 this time last year. Town homes averaged out to $328,700, down 4.5% from $344,300 this time last year. The average condo sale price was $276,700, down 9.4% from $305,300 in August 2018.