During the COVID-19 reaction clients have called to ask if the Crown Isle real estate market is active. Yes, absolutely it is. There are currently 27 homes on the market and there were five sales in March and one in April even though we were in lock-down mode at the time.. May numbers will be out shortly but they will not tell the full story because many of the deals completed in May will not be completed until the June or July time frame and later. There is a good selection of single-family homes in the $700,000 to $800,000 price range and some go up to over $1.2 million. Custom and semi-custom homes are the most common types and sizes are typically in the 1700 to 2500 square foot range.
Move over to the quaint seaside town of Comox and yes there is activity there as well. There are 60 homes for sale and the vast majority are single family. Most of the homes on the resale market are in the $500,000 to $800,000 range and the styles span a spectrum from the fairly common split level variety to West Coast contemporary. Within Comox there were 10 sales in March, 7 in April and 5 already reported in May. Sale prices ranged from $430,000 to $920,000. Resale home offerings can be found in most of the popular family neighbourhoods and listings continue to get added to the market each week. So, if you are in need of a home in this area perhaps now is the time to start looking so that you find the one that meets your needs before school starts in the fall – which is only just over 3 months away.
Courtenay is the powerhouse of the overall housing market is this region and there are 148 single-family homes for sale in many different price ranges throughout the five resale areas (Courtenay City, Courtenay East, Courtenay West, Courtenay North and Courtenay South). There were 44 homes listed in the month of May. Many of the homes are being offered in the $500,000 to $700,000 price range with a few that top the $1 million level. This part of the market has the most to offer in terms of numbers of homes and areas within the city. Why not drop by and take a first-hand look for yourself? If you are serious about buying or selling contact Brett in advance and make an appointment to discus your needs and he will tell you how he can help meet your real estate needs and what he does differently from others.
