Market Update Comox Valley & Campbell River April 2025
Real Estate Market Update – April 2025
The Vancouver Island Real Estate Board (VIREB) reports that April 2025 showcased a steady and balanced housing market across the Comox Valley and Campbell River regions. Both areas experienced modest year-over-year price growth, reflecting sustained buyer interest and stable inventory levels.
Comox Valley Market Overview
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Benchmark Price: The benchmark price for single-family homes in the Comox Valley rose to $868,400 in April, marking a 4% increase year-over-year.
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Market Conditions: The market remains balanced, with stable inventory levels and consistent buyer interest.
Campbell River Market Snapshot
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Benchmark Price: In Campbell River, the benchmark price for single-family homes reached $720,700 in April, reflecting a 4% increase from the previous year. vireb.com
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Market Dynamics: The market is characterized by steady sales and a balanced inventory, with properties averaging 44 days on the market.
Regional Insights
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Sales Activity: Across the Vancouver Island Real Estate Board (VIREB) region, 786 units were sold in April, an 8% increase from the previous year.
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Market Balance: With approximately five months of inventory available, the market remains balanced, offering opportunities for both buyers and sellers.
Looking Ahead
As we move further into 2025, the Comox Valley and Campbell River real estate markets are expected to maintain their stability. Continued interest from lifestyle-focused buyers, coupled with infrastructure enhancements and policy developments, will shape market dynamics. Both regions offer promising opportunities for those looking to buy or sell in a balanced and resilient market environment.
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