🏡 Comox Valley Real Estate Market Update – March 2025
The Comox Valley real estate market stayed steady through March 2025, with some key trends that both buyers and sellers should keep an eye on. While home prices remained relatively flat, inventory and buyer behavior are shifting — pointing toward a more balanced market this spring.
If you're wondering what’s happening in the Courtenay, Comox, Cumberland, and surrounding areas, here’s a full breakdown of where things are at.
🔍 Single Family Homes in Comox Valley – March 2025
- Average Sale Price: $947,064 (flat compared to March 2024)
- Homes Sold: 51 (slightly up from 48 last year)
- Average Days on Market: 39 (down from 48)
- Sell-to-List Ratio: 44.7% (down from 57%)
- Total Sales Volume: $48.3M
- Sale-to-List Price Ratio: 99.45%
What this means:
The average home price in Comox Valley is holding steady, but homes are selling faster than they were a year ago. That said, fewer homes are selling relative to how many are being listed — a sign that buyers are becoming more selective. Clean, well-priced listings are still moving quickly.
🏢 Comox Valley Condo Market – March 2025
- Average Condo Price: $466,371 (up 14% year-over-year)
- Condos Sold: 19 (same as last year)
- Average Days on Market: 60 (down from 67)
- Sell-to-List Ratio: 55.9%
- Total Sales Volume: $8.86M
What this means:
Condo prices in the Comox Valley jumped in March, but overall demand remained flat. Condos are still selling, but buyers are taking more time and weighing options carefully.
🏘️ Townhouse Market in the Comox Valley
- Average Townhouse Price: $585,835 (up 1%)
- Townhouses Sold: 17 (up from 16)
- Townhouses Listed: 40 (up 66% from 24)
- Average Days on Market: 28 (down from 34)
- Sell-to-List Ratio: 42.5%
- Total Sales Volume: $9.96M
What this means:
There’s more townhouse inventory in Comox Valley than this time last year, and while prices are holding steady, not every unit is selling right away. As with single-family homes, buyers are being selective.
💡 What Buyers and Sellers Should Know
The March 2025 Comox Valley housing market shows signs of stabilization. Inventory is up, buyers have more time to make decisions, and properties that are priced right and well-presented are still getting strong interest.
- For sellers: Overpricing is risky. Homes that show well and are listed realistically are still selling fast.
- For buyers: You've got more breathing room than last year, but the good listings still go quick — especially in key areas like Comox, Courtenay East, and Cumberland.
Need Help Navigating the Market?Whether you're planning to buy, sell, or just want to understand what these numbers mean for your situation, I can help.
Reach out anytime if you want to talk through strategy, timing, or what's next.
