Sales, Sales, Sales! In Around Town

July 9, 2020

Your Weekly Construction Briefing

In the Comox Valley, single family house sales in June were up 293% compared to May. Sales were up 56% this June compared to June 2019, with a 16% increase in the average price to $627,920 on 96 sales. In Campbell River, June sales were up 240% compared to May.

Kutyn Property Appraisals has released their monthly assessment of the real estate market for Campbell River and the Comox Valley. June sales show a sharp recovery from April and May. Learn more at Building Links

Sales were off 2% compared to June 2019. The average price was static at $499,030 on 50 sales.Within this changing market scenario and mixed market indicators, there has been strong competing interest on some properties.

June 2020 VIREB stats

Comox Valley – Single Family Dwelling Sales

  • YTD Jan 1 – June 30: 287, down 16%
  • Past 12 months: 658, static
  • Average Price: $590,177, up 5% based on 658 sales

Campbell River – Single Family Dwelling Sales

  • YTD Jan 1 – June 30: 182, down 24%
  • Past 12 months: 395, down 17%
  • Average Price: $495,216, up 6% based on 395 sales

Excerpts from Market Minute by Kutyn Property Services,

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