MAY 2020 Market Statistics
View the Vancouver Island Real Estate Statistics here, PDF file will open in new tab: VIREB April 2020 Real Estate Statistics
Stats for April are in for Comox Valley real estate…
Here’s how Comox Valley looked in April 2020:
Volume of sales in CV of single family houses:
April 2020: 34
March 2020: 57
April 2019: 77
Overall this is a 56% decrease in number of sales compared to the same month last year, not including strata sales. When strata is included, the sales volume dropped by a total of 68%.
Prices have not fallen according to the HPI index. That said, the average price (which is an outdated market tool) shows a 9% drop from 12 months ago, perhaps due to the higher price range home sales stalling.
Any thoughts or questions please feel free to get in touch!