Comox Valley Real Estate - March 2024

Comox Valley Real Estate - March 2026 update

Comox Valley statistics for February 2026 :

  • The average sell price of a detached home in February was $953,000; this is up 11% from last year ($862,300).
  • There were 115 residential listings in February, this is down 15% from 136 listings last year.
  • It took an average of 56 days to sell a detached home in February, this is 7.7% slower than last year.     
  • A total of 45 detached homes sold in February; this is up 22% from last year (37 sold).

For detailed information, visit Comox Valley Real Estate Statistics or contact me directly

Interest rate remains unchanged

Bank of Canada holds Interest rate at 2.25%

The Bank of Canada announced on January 28, 2026 that it will maintain the interest rate at 2.25%. The next rate announcement is scheduled for March 18, 2026.  

To read press release, visit:  https://www.bankofcanada.ca/2026/01/fad-press-release-2026-01-28/

To help understand and analyze how changes in interest rates affect your mortgage, please visit my mortgage calculator

Interest rate remains unchanged

zoning density amendments for municipalities

Recent provincial legislation regarding increased densification of communities came into effect on July 1st, 2025. This new zoning allows single family lots to have multiple dwellings.  For more information on these new regulations and the opportunities (and challenges) they offer, please contact me.

Mount Washington Ski Seaon

Mount Washington Alpine resort - open daily for winter fun!

Mount Washington resort is open daily from 9am to 3:30pm for alpine skiing & snowboarding, nordic & snowshoeing. Night skiing is open from Thursday to Saturday from 3:30pm to 9pm. The Tube Park is open Thursday to Monday from 10am to 5pm!

For the latest resort update, please click website link:  mountwashington.ca

For real estate questions about buying or selling Mt Washington properties, please contact me.  


MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.