Comox Valley Real Estate Update – November 2025

The Comox Valley market, including Courtenay and Comox, remains active as we approach the end of 2025. According to the Vancouver Island Real Estate Board, the region continues to show balanced conditions with modest price growth and healthy buyer activity. The average single-family home price now sits around $924,600, up roughly 6% from last year.

Market Factors to Watch

Housing Targets: Courtenay has received a provincial housing target order that aims for over 1,300 new homes in the next five years. This will encourage new developments and more housing choices for buyers.

Interest Rates: Mortgage rates are holding near 4.5% to 4.75%, keeping borrowing conditions steady. This stability is helping maintain buyer confidence while allowing investors to plan long-term.

Inventory: Listings are down about 15% from last month, keeping competition strong for well-presented homes. Balanced conditions mean both buyers and sellers have fair negotiating power.

What This Means for You

• Buyers: Steady rates and growing supply make this a good time to explore your options.
• Sellers: Homes that are priced right and show well continue to attract solid offers.
• Investors: Local growth plans and demand for rentals make Courtenay and Comox appealing for long-term investment.

The Comox Valley market remains steady and full of opportunity. Whether you are planning to buy, sell, or invest, now is an excellent time to talk about your next move.

Contact Janice Leffler today for a personalized market update or advice on how to make the most of current real estate conditions in the Comox Valley.