Sales, Sales, Sales! In Around Town
Your Weekly Construction Briefing
In the Comox Valley, single family house sales in June were up 293% compared to May. Sales were up 56% this June compared to June 2019, with a 16% increase in the average price to $627,920 on 96 sales. In Campbell River, June sales were up 240% compared to May.
Sales were off 2% compared to June 2019. The average price was static at $499,030 on 50 sales.Within this changing market scenario and mixed market indicators, there has been strong competing interest on some properties.
June 2020 VIREB stats
Comox Valley – Single Family Dwelling Sales
- YTD Jan 1 – June 30: 287, down 16%
- Past 12 months: 658, static
- Average Price: $590,177, up 5% based on 658 sales
Campbell River – Single Family Dwelling Sales
- YTD Jan 1 – June 30: 182, down 24%
- Past 12 months: 395, down 17%
- Average Price: $495,216, up 6% based on 395 sales
Excerpts from Market Minute by Kutyn Property Services, kutyn.com.
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