Around Town If you’re going to list – start packing!

July 4, 2019

For both the Campbell River and Comox Valley markets, a review across the single family and condo sectors all point to good to exceptional liquidity (the time it takes to sell).   The Campbell River condo market is especially brisk with the average sell time at 11 days for townhouses, 12 days for patio homes and 22 days for apartments.

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Kutyn Property Appraisals Market Minute suggests if you’re going to list, start packing. Learn more at Building Links

Similarly, in the Comox Valley the days-to-sell for townhouses is 43, patio homes is 22 and apartments is 37.  In the single family sector the average days-to-sell in Campbell River is 28, while in the Comox Valley it is 48.

June 2019 VIREB stats – Single Family Dwelling

Comox Valley

  •  341 sold, down 24% YTD Jan 1 – June 30 
  •  660 sold, down 23% 12 MTD In the past 12 months
  •  $560,405, up 7% average sale price based on 660 sales

Campbell River

  • 241 sold, down 5% YTD Jan 1 – June 30
  • 474 sold, down 18% 12 MTD In the past 12 months
  • $468,701, up 7% average sale price based on 474 sales

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