Comox Valley Real Estate and Community News

Feb. 1, 2024

Comox Valley Real Estate Market Update January 2024

Single Family Homes

The average sell price of a single family home for the month of January 2024 is $852,488. Up 17.62% from $724,752 in January 2023.

60 single family units listed in the month of January 2024, no change from 60 in January 2023. 21 residential units reported sold, down 32.26% from 31 in January 2023.

The sell price/list price ratio on single family homes is 97.01%, up from 96.17% in January of last year.

On average, it currently takes 70 days to sell a single family home. Homes are selling at the same rate, compared to 70 days in January 2023.

There are currently 132 active single family homes listed, down 2.22% from 135 in January 2023.

Condos

The average sell price of a condo for the month of January 2024 is $391,878. Down 9.79% from $434,409 in January 2023.

26 condo units listed in the month of January 2024, up from the 23 units listed in January 2023.

9 condos reported sold, down 18.18% from 11 in January 2023.

The sell price/list price ratio on condos is 98.42%, up from 96.69% in January of last year.

On average, it currently takes 32 days to sell a condo. Condos are selling 45.76% faster, compared to 59 days in January 2023.

There are currently 64 active condos listed, up 36.17% from 47 in January 2023.

 

Townhouses

The average sell price of a townhouse for the month of January 2022 is $588,225. Up 4.56% from $562,550 in January 2023.

27 townhouse units were listed in the month of January 2022, up from 17 in January 2023. 4 townhouse units reported sold, down 66.67% from 12 in January 2023.

The sell price/list price ratio on townhouses is 98.54%, up from 97.79% in January of last year.

On average, it currently takes 21 days to sell a townhouse. Townhouses are selling 73.42% faster, compared to 79 days in January 2023.

There are currently 41 active townhouses listed, down 19.60% from 51 in January 2023.

March 1, 2023

Comox Valley Real Estate Market Update February 2023

Single Family Homes 

The average sell price of a single family home for the month of  February 2023 is $816,735. Down 14.12% from $951,004 in February 2022.

 

79 single family units listed in the month of  February 2023, up from 65 in February 2022. 

39 residential units reported sold, down 17.02% from 47 in February 2022.

 

The sell price/list price ratio on single family homes is  97.58%, down from 106.82% in February of last

year. 

 

On average, it currently takes 78 days to sell a single family home. Homes are selling 254.55% slower,

compared to 22 days in  February 2022.

 

There are currently 152 active single family homes listed, up 192.31% from 52 in February2022.

 

Condos 

The average sell price of a condo for the month of February 2023 is $319,626. Down 1.46% from

$324,353  in February 2022.

 

21 condo units listed in the month of  February 2023, down from the 25 units listed in February 2022.

19 condos reported sold, down 0.00% from 19  in February 2022.

 

The sell price/list price ratio on condos is 96.69%, down from 104.17% in February of last year. 

On average, it currently takes 74 days to sell a condo. Condos are selling  111.43% slower, compared to

35 days in February 2022.

 

There are currently 46 active condos listed, up 170.58%  from 17 in February 2022.

 

 Townhouses 

The average sell price of a townhouse for the month of  February 2023 is $531,733. Down 18.94% from

$655,938 in  February 2022.

 

21 townhouse units were listed in the month of  February 2023, up from 10 in February 2022.

 

6 townhouse units reported sold, down 62.50% from 16 in February 2022.

The sell price/list price ratio on townhouses is 96.99%, down from 104.92% in  February of last year.  

 

On average, it currently takes 82 days to sell a townhouse. Townhouses are selling 74.47% slower,

compared to 47 days in  February 2022.

 

There are currently 56 active townhouses listed, up 273.33%  from 15  in February 2022.

 

 

Feb. 1, 2023

Comox Valley Real Estate Market Update January 2023

Single Family Homes 

The average sell price of a single family home for the month of January 2023 is $724,752. Down 19.19% from $896,844 in January 2022.

 

61 single family units listed in the month of  January 2023, up from 56 in January 2022. 

31 residential units reported sold, down 20.51% from 39 in January 2022.

 

The sell price/list price ratio on single family homes is  96.71%, down from 104.37% in January of last

year. 

 

On average, it currently takes 70 days to sell a single family home. Homes are selling 218.18% slower,

compared to 22 days in  January 2022.

 

There are currently 135 active single family homes listed, up 187.23% from 47 in January 2022.

 

Condos 

The average sell price of a condo for the month of January 2023 is $434,409.  Up 10.82% from

$391,992 in January 2022.

 

23 condo units listed in the month of January 2023, up from the 15 units listed in January 2022.

11 condos reported sold, down 15.38% from 13 in January 2022.

 

The sell price/list price ratio on condos is 96.69%, down from 104.17% in January of last year. 

 

On average, it currently takes 59 days to sell a condo. Condos are selling 156.52% slower, compared to

23 days in January 2022.

 

There are currently 47 active condos listed, up 261.54% from 13 in January 2022. 

 

Townhouses 

The average sell price of a townhouse for the month of January 2023 is $562,550. Down 7.07% from

$605,333 in January 2022.

 

17 townhouse units were listed in the month of January 2023, down from 19 in January 2022.

 

12 townhouse units reported sold, down 40.00% from 20 in January 2022.

The sell price/list price ratio on townhouses is 97.79%, down from 105.26% in January of last year.   

 

On average, it currently takes 81 days to sell a townhouse. Townhouses are selling 252.17% slower,

compared to 23 days in  January 2022.

 

There are currently 51 active townhouses listed, up 121.74%  from 23 in January 2022.

 

 

 

Jan. 4, 2023

Comox Valley Real Estate Market Update December 2022

Single Family Homes 

The average sell price of a single family home for the month of  December 2022 is $785,897. Down 4.91% from $826,438 in December 2021.

 

34 single family units listed in the month of  December 2022, down from 36 in December  2021. 

30 residential units reported sold, down 23.08% from 39 in December 2021.

 

The sell price/list price ratio on single family homes is  96.04%, down from 101.82% in December of last

year. 

 

On average, it currently takes 52 days to sell a single family home. Homes are selling 108% slower,

compared to 25 days in  December 2021.

 

There are currently 135 active single family homes listed, up 297.06% from 34 in December 2021.

 

Condos 

The average sell price of a condo for the month of December 2022 is $416,657.  Down 5.27% from

$439,837 in December 2021.

 

6 condo units listed in the month of  December 2022, down from the 10 units listed in December 2021.

7 condos reported sold, down 53.33% from 15  in December 2021.

 

The sell price/list price ratio on condos is 98.01%, down from 101.35% in December of last year. 

 

On average, it currently takes 70 days to sell a condo. Condos are selling  169.23% slower, compared to

26 days in December 2021.

 

There are currently 50 active condos listed, up 284.62%  from 13 in December 2021.

 

Townhouses 

The average sell price of a townhouse for the month of  December 2022 is $512,367. Down 10.45% from

$572,141 in  December 2021.

 

4 townhouse units were listed in the month of  December 2022, down from 12 in December 2021.

 

6 townhouse units reported sold, down 45.45% from 11 in December 2021.

The sell price/list price ratio on townhouses is 97.94%, down from 104.14% in  December of last year.  

 

On average, it currently takes 62 days to sell a townhouse. Townhouses are selling 287.50% slower,

compared to 16 days in  December 2021.

 

There are currently 50 active townhouses listed, up 117.39%  from 23  in December 2021.

 

Dec. 1, 2022

Comox Valley Real Estate Market Update November 2022

Single Family Homes 

The average sell price of a single family home for the month of  November 2022 is $786,279. Down 8.46% from $858,975 in November 2021.

 

46 single family units listed in the month of  November 2022, down from 52 in November  2021. 

41 residential units reported sold, down 33.87% from 62 in November 2021.

 

The sell price/list price ratio on single family homes is  96.88%, down from 102.85% in November of last

year. 

 

On average, it currently takes 64 days to sell a single family home. Homes are selling 93.94% slower,

compared to 33 days in  November 2021.

 

There are currently 175 active single family homes listed, up 113.90% from 48 in November 2021.

 

Condos 

The average sell price of a condo for the month of November 2022 is $386,519. Down 0.28% from

$387,593 in November 2021.

 

21 condo units listed in the month of  November 2022, up from the 18 units listed in November 2021.

 

16 condos reported sold, down 30.43% from 23  in November 2021.

The sell price/list price ratio on condos is 97.89%, down from 101.15% in November of last year. 

 

On average, it currently takes 51 days to sell a condo. Condos are selling 50% slower, compared to

34 days in November 2021.

 

There are currently 65 active condos listed, up 105.88%  from 20 in November 2021.

 

Townhouses 

The average sell price of a townhouse for the month of  November 2022 is $605,613. Down 0.47% from

$608,466 in  November 2021.

 

13 townhouse units were listed in the month of  November 2022, up from 5 in November 2021.

 

8 townhouse units reported sold, down 50% from 16 in November 2021.

The sell price/list price ratio on townhouses is 96.81%, down from 99.67% in  November of last year.  

 

On average, it currently takes 56 days to sell0 a townhouse. Townhouses are selling 36.59% slower,

compared to 41 days in  November 2021.

 

There are currently 59 active townhouses listed, up 91.36%  from 22  in November 2021.

 

 

 

Nov. 1, 2022

Comox Valley Real Estate Market Update October 2022

Single Family Homes
The average sell price of a single family home for the month of  October 2022 is $717,192. Down 17.77% from $872,184 in October 2021.
 
81 single family units listed in the month of  October 2022, up from 60 in October  2021. 
38 residential units reported sold, down 44.12% from 68 in October 2021.
 
The sell price/list price ratio on single family homes is  97.18%, down from 102.42% in October of last
year. 
On average, it currently takes 47 days to sell a single family home. Homes are selling 67.86% slower,
compared to 28 days in  October 2021.
There are currently 211 active single family homes listed, up 210.29% from 68 in October 2021.
 
Condos
The average sell price of a condo for the month of October 2022 is $392,571. Down 7.21% from
$423,076 in October 2021.
32 condo units listed in the month of  October 2022, up from the 20 units listed in October 2021.
7 condos reported sold, down 74.07% from 27  in October 2021.
The sell price/list price ratio on condos is 92.41%, down from 101.85% in October of last year. 
On average, it currently takes 35 days to sell a condo. Condos are selling 40.00\% slower, compared to
25 days in October 2021.
There are currently 90 active condos listed, up 233.33%  from 27 in October 2021.
Townhouses
The average sell price of a townhouse for the month of  October 2022 is $506,767. Down 20.32% from
$636,030 in  October 2021.
33 townhouse units were listed in the month of  October 2022, down from 36 in October 2021.
9 townhouse units reported sold, down 25.00% from 12 in October 2021.
The sell price/list price ratio on townhouses is 97.38%, down from 101.27% in  October of last year. 
 
On average, it currently takes 51 days to sell a townhouse. Townhouses are selling 16.39% faster,
compared to 61 days in  October 2021.
There are currently 68 active townhouses listed, up 140.90%  from 35  in October 2021.
Oct. 4, 2022

Comox Valley Real Estate Market Update September 2022

Single Family Homes 

The average sell price of a single family home for the month of  September 2022 is $828,362. Down 0.33% from $831,133 in September 2021.

 

103 single family units listed in the month of  September 2022, up from 81 in September  2021. 

49 residential units reported sold, down 28.99% from 69 in September 2021.

 

The sell price/list price ratio on single family homes is  97.92%, down from 101.56% in September of last

year. 

 

On average, it currently takes  44 days to sell a single family home. Homes are selling 57.14% slower,

compared to 28 days in  September 2021.

 

There are currently 219 active single family homes listed, up 154.65% from 86 in September 2021.

 

Condos 

The average sell price of a condo for the month of September 2022 is $494,727. Up 19.57% from

$413,771 in September 2021.

 

25 condo units listed in the month of  September 2022, down from the 46 units listed in September 2021.

11 condos reported sold, down 67.65% from 34  in September 2021.

 

The sell price/list price ratio on condos is 97.38%, down from 100.86% in September of last year. 

 

On average, it currently takes 48 days to sell a condo. Condos are selling 140.00% slower, compared to

20 days in September 2021.

 

There are currently 105 active condos listed, up 169.23%  from 39 in September 2021.

 

Townhouses 

The average sell price of a townhouse for the month of  September 2022 is $607,578. Up 13.67% from

$534,496 in  September 2021.

 

27 townhouse units were listed in the month of  September 2022, up from 13 in September 2021.

15 townhouse units reported sold, down 37.50% from 24 in September 2021.

 

The sell price/list price ratio on townhouses is 97.95%, down from 101.42% in  September of last year.  

 

On average, it currently takes 25  days to sell a townhouse. Townhouses are selling 46.81% faster,

compared to 47 days in  September 2021.

 

There are currently 51 active townhouses listed, up 200.00%  from 17 in September 2021.

 

Sept. 8, 2022

Comox Valley Real Estate Market Update August 2022

Single Family Homes 

The average sell price of a single family home for the month of  August 2022 is $877,285. Up

2.63% from $854,785 in August 2021.

 

78 single family units listed in the month of  August 2022, up from 74 in August  2021. 

56 residential units reported sold, down 16.42% from 67 in August 2021.

 

The sell price/list price ratio on single family homes is  97.64%, down from 101.62% in August of last

year. 

 

On average, it currently takes  43 days to sell a single family home. Homes are selling 72.00% slower,

compared to 25 days in  August 2021.

 

There are currently 206 active single family homes listed, up 136.78% from 87 in August 2021.

 

Condos 

The average sell price of a condo for the month of August 2022 is $323,442. Down 16.98% from

$389,575 in August 2021.

 

24 condo units listed in the month of  August 2022, up from the 23 units listed in August 2021.

12 condos reported sold, down 50.00% from 24  in August 2021.

 

The sell price/list price ratio on condos is 97.56%, down from 99.49% in August of last year. 

 

On average, it currently takes  50 days to sell a condo. Condos are selling  2.04% slower, compared to

49 days in August 2021.

 

There are currently 108 active condos listed, up 237.50%  from 32 in August 2021.

 

 Townhouses 

The average sell price of a townhouse for the month of  August 2022 is $580,413. Up 3.79% from

$559,241in  August 2021.

 

28 townhouse units were listed in the month of  August 2022, up from 21 in August 2021.

12 townhouse units reported sold, down 55.56% from 27 in August 2021.

 

The sell price/list price ratio on townhouses is 97.63%, down from 101.91% in  August of last year. 

 

On average, it currently takes 41 days to sell a townhouse. Townhouses are selling 24.24% slower,

compared to 33 days in  August 2021.

 

There are currently 50 active townhouses listed, up 66.66%  from 30 in August 2021.

 

Aug. 3, 2022

Comox Valley Real Estate Market Update July 2022

 

Single Family Homes 

 

The average sell price of a single family home for the month of  July 2022 is $851,510. Up

8.07% from $787,891 in July 2021.

 

110 single family units listed in the month of  July 2022, up from 84 in July  2021. 

46 residential units reported sold, down 30.30% from 66 in July 2021.

 

The sell price/list price ratio on single family homes is  98.53%, down from 102.22% in July of last

year. 

 

On average, it currently takes 31 days to sell a single family home. Homes are selling 24.00% slower,

compared to 25 days in  July 2021.

 

There are currently 219 active single family homes listed, up 123.50% from 98 in July 2021.

 

Condos

The average sell price of a condo for the month of July 2022 is $504,982. Up 24.45% from

$405,778 in July 2021.

 

34 condo units listed in the month of  July 2022, up from the 23 units listed in July 2021.

17 condos reported sold, down 37.04% from 27  in July 2021.

 

The sell price/list price ratio on condos is 96.37%, down from 101.14% in July of last year. 

 

On average, it currently takes  32 days to sell a condo. Condos are selling  18.52% slower, compared to

27 days in July 2021.

 

There are currently 103 active condos listed, up 232.26%  from 31 in July 2021.

 

Townhouses 

 

The average sell price of a townhouse for the month of  July 2022 is $591,567. Up 13.82% from

$519,732 in  July 2021.

 

21 townhouse units were listed in the month of  July 2022, up from 22 in July 2021.

 

12 townhouse units reported sold, down 55.56% from 27 in July 2021.

The sell price/list price ratio on townhouses is 97.75%, down from 101.02% in  July of last year.  

 

On average, it currently takes 30 days to sell a townhouse. Townhouses are selling 37.50% slower,

compared to 48 days in  July 2021.

 

There are currently 43 active townhouses listed, up 19.44%  from 36 in July 2021.

July 5, 2022

Comox Valley Real Estate Market Update June 2022

Single Family Homes 

The average sell price of a single family home for the month of  June 2022 is $899,093 Up
14.00% from $788,665 in June 2021.
 
142 single family units listed in the month of  June 2022, up from 81 in June  2021. 
76 residential units reported sold, down 6.17% from 81 in June 2021.
 
The sell price/list price ratio on single family homes is  98.55%, down from 102.87% in June of last year. 

On average, it currently takes 26 days to sell a single family home. Homes are selling 18.18% faster, compared to 22 days in  June 2021.

There are currently 188 active single family homes listed, up 111.24% from 89 in June 2021.
 
Condos 
The average sell price of a condo for the month of June 2022 is $390,189. Up 3.22% from
$378,026  in June 2021.

41 condo units listed in the month of  June 2022, up from the 35 units listed in June 2021.

19 condos reported sold, down 17.39% from 23 in June 2021.

The sell price/list price ratio on condos is 99.24%, down from 102.23% in June of last year. 

On average, it currently takes  22 days to sell a condo. Condos are selling 12.00% faster, compared to 25 days in June 2021.

There are currently 95 active condos listed, up 143.59%  from 39 in June 2021.

Townhouses 

The average sell price of a townhouse for the month of  June 2022 is $544,065. Up 3.78% from
$524,232 in June 2021.

27 townhouse units were listed in the month of  June 2022, up from 21 in June 2021.

13 townhouse units reported sold, down 7.14% from 14 in June 2021.

The sell price/list price ratio on townhouses is 100.28%, up from 100.72% in  June of last year.  

On average, it currently takes 21 days to sell a townhouse. Townhouses are selling 41.67% faster, compared to 36 days in  June 2021.

There are currently 43 active townhouses listed, down 8.51%  from 47 in June 2021.