Myles Armstead

Call/Text Me Anytime: 1.250.702.2708 | Myles@ComoxValleyHome.ca

Comox Valley March Real Estate Stats

 

 

 

 

 In the 12 months ending March 31st, 2016, there were 1681 sales of all property types, a 13% increase over 2015.  The highest number of annual sales was 2256 in 2007.  The lowest was 879 in 1998.  The twenty-two year average is 1518.

 

In the twelve month average sale price of a Comox Valley home is $370,448, up 4% from 2015. The average lot price is $171,645, up 11%. If you purchased an ‘average’ home in 2006, you paid $293,254.  If you bought an average lot in 2006, you paid $149,128.

 

YTD in 2016, 67 houses per month have sold.  (In all 2015 – 78, for 2014 -73, for 2013 - 68, for 2012 - 68, 2011 - 66, for 2010 - 68, for 2009 - 73, for 2008 - 69, for 2007 - 100.)  65% of all residential sales occurred in the municipalities of Comox - 29%, Courtenay – 30%, and Cumberland - 6%.  

 

Houses make up 62% of the 650 residential properties currently offered for sale (condos – 32%, mobiles - 2%, duplexes – 4 %.)  The current active inventory of all properties is 1004, a 21% reduction from 2015.

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