by Christopher Kutyn

For both Campbell River and the Comox Valley, the number of single family houses sold In March were down but the average prices are up; Campbell River by 12 % and Comox by 11%.

We feel the decrease in the sale volume is due to low inventory levels. These low inventory levels, have resulted in aggressive competitive interest. The Vancouver Sun today reports on a similar trend in the Metro Vancouver market.

In this market, anyone can sell a property. However, you may want an expert on your side to market your home to get the best possible price. If you plan on buying something to replace it, you will need every last dollar.

 

 

Comox Valley

Single Family Houses Sold

172 3% YTD
884 14% 12MTD
$ 501,400 18% 12MTD

Campbell River

Single Family Houses Sold

97 8% YTD
604 6% 12MTD
$ 412,800 15% 12MTD
We must learn to live together as brothers or perish together as fools. - Martin Luther King, Jr.

Christopher Kutyn

Chris has been appraising Real Estate for over 30 years and has served on the board for the local chapter of the Appraisal Institute of Canada.

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