April 2025 Market Update: Real Estate Activity Blossoms in the Comox Valley
Spring is traditionally a busy season for real estate, and April 2025 was no exception in the Comox Valley. We saw meaningful growth in prices and activity across key property types, especially single-family homes and condos.
Single Family Homes
- 82 homes sold (up 26% YoY)
- Average price: $927,000 (up 9.1%)
- Properties sold for 98.9% of list price
- 40 days on market, up from 32 last year
- Inventory also rose to 207 active listings
This segment remains competitive, with steady buyer interest and rising values.
Condos
Condos posted the strongest price increase of all property types.
- Average price: $480,000 (+39% YoY)
- Sales stayed level with last year
- 45 days on market, up from 34
- Listings down slightly, keeping supply tight
Buyers are still showing interest, but may take longer to make decisions at higher price points.
Townhomes
- Average sale price: $642,000 (+8.6%)
- Slight dip in sales this month, but annual sales are up
- 35 days on market, down from 55
- Overall demand remains steady
Faster sales this spring suggest buyers are moving quickly on well-priced homes in this category.
Land
The land market saw less activity in April:
- Sales down 17% from April 2024
- Average sale price: $510,000 (down 11.8%)
- Despite slower volume, 100% of listings sold—if it’s priced right, it’s moving
Final Thoughts
The Comox Valley spring market is balanced but active. Prices are climbing, inventory is increasing, and buyers are engaged. Whether you’re planning to upsize, downsize, or just get into the market, now is the time to start the conversation.
