COURTENAY 2230A Cliffe Ave. Courtenay, BC V9N 2L4 Tel: 250-334-9900 Fax: 250-334-9955 Toll Free: 1-877-216-5171
COMOX 282 Anderton Road Comox, BC V9M 1Y2 Tel: 250-339-2021 Fax: 250-339-5529 Toll Free: 1-888-829-7205
OCEAN PACIFIC REALTY COMOX VALLEY REAL ESTATE MARKET UPDATE
JUNE 2021
MARKET CONDITIONS
+4
+5
1.3
+6
+3
MONTHS OF SINGLE FAMILY HOME INVENTORY
+7
+2 +1 0
+9 +10
As of May 31, 2021 we had 107 listings. 81 listings were sold in May.
AVERAGE SALE PRICES BY CATEGORY
$765,200 DETACHED
$545,900 ATTACHED TOWN HOMES
$370,600 CONDOS
Month to Month
Month to Month
Month to Month
Down 2.3% from $783,500 (based on 81 sales)
Up 3.2% from $529,100 (based on 31 sales)
Up 3.6% from $357,800 (based on 22 sales)
Year to Year
Year to Year
Year to Year
Up 22% from $626,300
Up 50% from $363,000
Up 19% from $310,800
For current listings, visit our website www.oceanpacificrealty.com
COMOX VALLEY REAL ESTATE MARKET UPDATE
JUNE 2021
HPI BENCHMARK PRICE DETACHED HOME
$735,200 MAY 2021
Month to Month Up 6.5% from $690,600 60-MONTH AVERAGE PRICE HISTORY - DETACHED HOME
60 MONTHS AGO
36 MONTHS AGO
12 MONTHS AGO
6 MONTHS AGO
3 MONTHS AGO
1 MONTH AGO
35 YEAR AVERAGE PRICE HISTORY - DETACHED HOME
1985
1990
1995
2000
2005
2010
2015
2020
35 year average sale prices in the Comox Valley For current listings, visit our website www.oceanpacificrealty.com
COMOX VALLEY REAL ESTATE MARKET UPDATE
JUNE 2021
ACTIVE AND SOLD RESIDENTIAL LISTINGS - COMOX VALLEY
107 Month to Month Down 7.0% from 115
81
ACTIVE Listings
Year to Year Down 56% from 244
SOLD Listings
Month to Month
Year to Year
Down 23% from 105
Up 153% from 32
RESIDENTIAL LISTING ABSORPTION RATE 24%
Month to Month
76% 81
The odds of selling decreased by 17% compared to April 2021
Year to Year
SOLD
76%
The odds of selling increased by 477% compared to May 2020
Listings
Unsold Listings Sold Listings
AVERAGE DAYS TO SELL A RESIDENTIAL HOME AVERAGE
18 DAYS TO SELL
Month to Month Homes are selling 29% slower, compared to April 2021
Year to Year
May 2021
Homes are selling 38% faster, compared to May 2020
HOUSE PRICE DISTRIBUTION JUNE 01, 2020 - JUNE 01, 2021 0-400k
400-550k
550-700k
700-850k
850k-1m
Over 1m
27
75
459
255
121
132
OCEAN PACIFIC REALTY
COURTENAY 2230A Cliffe Ave. Courtenay, BC V9N 2L4 Tel: 250-334-9900 Fax: 250-334-9955 Toll Free: 1-877-216-5171
COMOX 282 Anderton Road Comox, BC V9M 1Y2 Tel: 250-339-2021 Fax: 250-339-5529 Toll Free: 1-888-829-7205
There are 160 Realtors in the Comox Valley among the 1085 members of the Vancouver Island Real Estate Board (VIREB). Information herein deemed reliable but cannot be guaranteed. Not intended to solicit any buyers or sellers under contract with another agent. Created by RE/MAX Ocean Pacific Realty managing broker with stats from VIREB.