by Christopher Kutyn

Again this month, most market indicators in the Comox Valley remain very active.  This is especially true for the dollar volume of sales which are up significantly in most sectors.  The single family market is healthy with a 17% increase in sales over last year.  Rural properties remain active with a 51% increase in the improved market sector.  This is coupled with a 16% increase in the average price to $523,592.  The dollar volume of lot sales is up 36% to $10 million; 64 lots sold through the MLS in the past 12 months.

In Campbell River, the main guide for the real estate market is the single family sector which is up 10% in the dollar volume of sales.  There was a 3% increase in the average price on 490 houses sold in the  past 12 months.   Lot sales at $6 million remain almost unchanged from last year.

"There is no shame in asking when we need guidance or help." ~ Mother Teresa of Calcutta

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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