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
SEPTEMBER 2021
MARKET CONDITIONS
+4
+5
1.3
+6
+3
MONTHS OF SINGLE FAMILY HOME INVENTORY
+7
+2 +1 0
+9 +10
As of August 31, 2021 we had 87 listings. 67 listings were sold in August
AVERAGE SALE PRICES BY CATEGORY
$854,800 DETACHED
$559,200 ATTACHED TOWN HOMES
$389,600 CONDOS
Month to Month
Month to Month
Month to Month
Up 8.5% from $787,900 (based on 67 sales)
Up 7.6% from $519,700 (based on 27 sales)
Down 4.0% from $405,800 (based on 24 sales)
Year to Year
Year to Year
Year to Year
Up 33% from $642,800
Up 25% from $447,000
Up 20% from $326,000
For current listings, visit our website www.oceanpacificrealty.com
COMOX VALLEY REAL ESTATE MARKET UPDATE
SEPTEMBER 2021
HPI BENCHMARK PRICE DETACHED HOME
$772,800 AUGUST 2021
Month to Month Up 1.0% FROM $765,200 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
SEPTEMBER 2021
ACTIVE AND SOLD RESIDENTIAL LISTINGS - COMOX VALLEY
87 Month to Month Down 11% from 98
67
ACTIVE Listings
Year to Year Down 48% from 168
SOLD Listings
Month to Month
Year to Year
Up 1.5% from 66
Down 42% from 115
RESIDENTIAL LISTING ABSORPTION RATE 23%
Month to Month
77% 67
The odds of selling increased by 14% compared to July 2021
Year to Year
SOLD
77%
The odds of selling increased by 13% compared to August 2020
Listings
Unsold Listings Sold Listings
AVERAGE DAYS TO SELL A RESIDENTIAL HOME AVERAGE
25 DAYS TO SELL
August 2021
N/C Month to Month Homes are selling at the same rate as in July 2021
Year to Year Homes are selling 46% faster, compared to August 2020
HOUSE PRICE DISTRIBUTION SEP 01, 2020 - SEP 01, 2021 0-400k
400-550k
550-700k
700-850k
850k-1m
Over 1m
12
113
328
254
119
136
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 164 Realtors in the Comox Valley among the 1109 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.