Comox Valley & Campbell River Condos Market Report
Track current condo market conditions in Courtenay, Comox, Crown Isle, Mount Washington and Campbell River, including asking-price ranges, price per square foot, days on market and active inventory for apartment-style condos listed through the Vancouver Island Real Estate Board. The figures below are generated from current MLS® data and update as suites are listed, sold or repriced.
Comox Valley condo market caution: Condo listings here range from older two-bedroom suites in East Courtenay and Willow Point to ski-area condos at Mount Washington, large golf-course units at Crown Isle and newer ocean-view suites on the Campbell River waterfront. A shift in that mix moves the average more than any change in demand, so compare within one location and building age.
Comox Valley Condo Market Apartment condos in Courtenay and Comox, Mount Washington and along Discovery Passage in Campbell River
How to Read the Numbers
Understanding Comox Valley Condo Market Data
The condo market is small and split between town, mountain and waterfront buildings, so a few listings can move the figures.
01
Mountain Condos Follow Their Own Cycle
Mount Washington suites carry Courtenay addresses but sell on ski-season demand, rental income and snow. Their listings tend to cluster in particular seasons and can shift the Courtenay condo figures without saying anything about town buildings.
02
Waterfront and View Buildings
Newer buildings facing Discovery Passage in Campbell River and harbour-view suites in Comox list well above older inland buildings of the same size, which stretches the price-per-square-foot range.
03
Building Age and Strata Health
Many buildings in the area date from the 1980s and 1990s and are reaching the age for envelope, roof and window work. Depreciation reports, reserves and levies can explain why similar suites list at very different prices.
04
Active Listings, Not Sold Prices
These statistics describe current asking prices and days on market, not sold values. Valuing a specific property takes recent comparable sales in the same community and adjustments for that property.