Comox Valley Real Estate - March 2024

Comox Valley Real Estate - april 2026 update

Comox Valley statistics for March 2026 :

  • Average sell price of a detached home in March was $896,200; this is down 6% from last month and down 4.7% from last year.
  • There were 148 residential listings in March, this is up 29% from last month and down 19% from last year.
  • It took an average of only 29 days to sell a detached home in March, this is up 48% from last month and up 28% from last year!     
  • A total of 46 detached homes sold in March; this is up 2.2% from last month and down 9.8% from last year (51 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 maintained its policy rate at 2.25% on March 18, 2026, marking a second consecutive hold for the year following a cut in October 2025. Citing increased uncertainty due to the conflict in the Middle East —affecting global energy prices— and ongoing trade uncertainties, the Bank of Canada maintained a cautious stance. The next rate announcement is scheduled for April 29, 2026.

To read press release, visit:  https://www.bankofcanada.ca/2026/03/fad-press-release-2026-03-18/

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 - closing weekend April 11-12, 2026!

Mount Washington resort is closed midweek April 7-10, 2026 but will re-open April 11-12th from 10am to 4pm for closing weekend festivities!

For the latest resort update & closing weekend events schedule, please click website link:  mountwashington.ca

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


Powered by myRealPage.com
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.