Comox Valley & Campbell River Houses Market Report
Track current market conditions for detached houses in Courtenay, Comox, Cumberland, the rural Comox Valley, Denman and Hornby islands, Campbell River and Quadra Island, including asking-price ranges, price per square foot, days on market and active inventory from listings on the Vancouver Island Real Estate Board. The figures below are generated from current MLS® data and update as houses are listed, sold or repriced.
Comox Valley house market caution: Detached listings include city houses on standard lots, rural homes on several acres in Merville and Black Creek, beach houses on Baynes Sound and large oceanfront homes on Quadra Island and the Comox Peninsula. A few high-priced waterfront or acreage listings can lift the average well above what a typical family home in Courtenay or Campbell River costs, so read the range and the middle of the table as well as the average.
Comox Valley House Market Detached homes from Fanny Bay and Courtenay to Campbell River and Quadra Island
How to Read the Numbers
Understanding Comox Valley House Market Data
House values here depend on the municipality, the lot and the servicing as much as on the house, and the averages blend all three.
01
Courtenay and Campbell River Set the Volume
Courtenay and Campbell River supply most of the detached listings, with Comox adding a smaller town market. Shifts in either city's inventory move the regional averages, so check which community a change is coming from.
02
Rural Lots and Acreage
Houses in Royston, Union Bay, Fanny Bay, Merville, Black Creek and on the islands often sit on large lots with wells and septic systems. Land value can be a large part of the price, which raises the price per square foot without saying much about the house itself.
03
New Construction and Older Stock
New homes in East Courtenay, Crown Isle and Campbell River's newer subdivisions list at a premium to the 1960s to 1980s houses that make up much of the resale market. Compare houses of similar age and condition before reading a difference in price as a market trend.
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.