Comox Valley home prices shoot up 10 per cent

Home sales prices in the Comox Valley rose 10 per cent for the 12-month period from the end of October 2010 to October 2011.

Home sales prices in the Comox Valley rose 10 per cent for the 12-month period from the end of October 2010 to October 2011, easily the biggest increase in any of the six Vancouver Island Real Estate Board zones.

Multiple Listing Service (MLS) sales summary data released by VIREB showed Comox Valley average sales prices rise 10 per cent (to $352,064).

Campbell River slipped one per cent (to $291,451), Nanaimo rose five per cent (to $356,453), Parksville/Qualicum jumped six per cent (to $366,226), Port Alberni/West Coast went up three per cent (to $219,085) and the Cowichan Valley fell one per cent (to $334,061).

Statistics for October 2011 shows that 301 single-family units sold throughout the VIREB coverage area (Vancouver Island north of Victoria) — an increase of 24 per cent compared to September 2010 but close to last month’s 318 units.

The average price of a single family home sold in October through the VIREB MLS system was $325,308, up two per cent from the $318,609 posted in September 2010.

“We continue to see normal market conditions in the VIREB area and around the province,” said VIREB president Jim Stewart. “There doesn’t seem to be much downward or upward pressure on prices.”

There were 566 single-family homes listed in October, bringing the active single-family homes available through the VIREB MLS system to 2,695, down slightly from the 2,960 available at the end of September.

— Vancouver Island Real Estate Board

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Tidal Café owners Blythe and Kurt Reimer (left) and Toscano’s head chef and general manager Tristan Taylor have been sharing deck space to help both businesses during the expanded COVID public health order restrictions that ban indoor dining. Photo by Terry Farrell
Neighbouring Comox restaurants share patios for mutual benefit during COVID restrictions

Two restaurants in Comox are working together to help ease the burden… Continue reading

Aria Pendak Jefferson cuddles ChiChi, the family cat that ran away two years ago in Ucluelet. The feline was missing until Courtney Johnson and Barry Edge discovered her in the parking lot of the Canadian Princess earlier this month. Aria and her parents were reunited with ChiChi in a parking lot in Port Alberni. (SUSAN QUINN/ Alberni Valley News)
A little girl’s wish is answered as her cat came back

Courtenay family reunited with cat that went missing in Ucluelet in 2019

John Ludlow is making leis for sale for $20 each, with all proceeds to be donated to the Comox Valley Transition Society. Photo by Erin Haluschak
Celebrating kindness, joy and helping others on Lei Day

Ludlow is making leis for sale with proceeds to be donated to the Comox Valley Transition Society

Cumberland is finalizing its tax rate bylaw for the year, which will see a 4.93 per cent increase. Photo by Mike Chouinard
Cumberland moving ahead on 4.93 tax hike

Residential rates’ hike was less than projected during planning stages

The Coastal Fire Centre is looking ahead to the wildfire season on Vancouver Island. (Phil McLachlan – Western News)
Coastal Fire Centre looking ahead at wildfire season on Vancouver Island

‘We’re asking people in the spring to be very careful’

A large crowd protested against COVID-19 measures at Sunset Beach in Vancouver on Tuesday, April 20, 2021. (Snapchat)
VIDEO: Large, police-patrolled crowds gather at Vancouver beach for COVID protests

Vancouver police said they patrolled the area and monitored all gatherings

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

The following is a list of restaurants offering take-out and patio dining. ADOBE STOCK IMAGE
List of Comox Valley restaurants offering take-out, patio dining options

Restaurants in the Comox Valley continue to adapt to government-imposed restrictions in… Continue reading

A teacher-librarian in Nanaimo was fired in 2019 for checking out an age-inappropriate graphic novel to a student. The discipline agreement was published Wednesday, April 21. (News Bulletin file photo)
Nanaimo teacher-librarian fired for checking out too-graphic graphic novel to student

Teacher had been previously disciplined and suspended on two occasions

Vancouver Island Connector and Tofino Bus is putting a 41-passenger electric bus through its paces in a three-month trial run between Nanaimo and Victoria. (Photo submitted)
Electric bus on trial run serving Victoria-to-Nanaimo route

Vancouver Island Connector and Tofino Bus trying out 41-seat electric coach for three months

There are lots of resources for seniors looking for information about COVID-19. (Kevin Rothbauer/Citizen)
COVID questions? Here are some phone-based resources available for seniors

Here is a list of numbers to keep on hand for Vancouver Islanders who aren’t fond of computers

Chum Salmon fry being examined with multiple motile and attached sea lice on Vargas Island. (Cedar Coast Field Station photo)
Study: Tofino fish farm sea lice infestations add fuel to push to remove open pens

Ahousaht First Nation asking for higher standards than what DFO requires

FILE – The Instagram app is shown on an iPhone in Toronto on Monday, March 19, 2018. THE CANADIAN PRESS/Graeme Roy
Judge acquits B.C. teen boy ‘set up’ on sex assault charge based on Instagram messages

The girl and her friends did not have ‘good intentions’ towards the accused, judge says

Kai Palkeinen recently helped a car stuck on the riverbed near the Big Eddy Bridge. While the car could not be saved, some of the driver’s belongings were. It’s common for vehicles to get stuck in the area due to significantly changing river levels from Revelstoke Dam. (Photo by Kai Palkeinen)
“I just sank a car’: Revelstoke resident tries to save vehicle from the Columbia River

Although it’s not permitted, the riverbed near the city is popular for off roading

Most Read