July 2020 Comox Valley Market Update

The average sell price of a single-family home for the month of July 2020 is

$614,406. Up 7% from $573,347 this month last year

.

105 single family units listed in the month of July 2020, up 2% from 103.

78 residential units reported sold, down 12% from 89

.

The sell price/list price ratio on single-family homes is 98%, up from 96% this month

last year

. 

On average, it currently takes 46 days to sell a single-family home. 20% slower

than the average for this month last year at 38 days.

There are currently 207 active single-family home listings, down from 301 this

month last year

.

For more information in the local Real Estate market, I'd love to hear from you.

Call or text 250-897-9813, email info@samuelennis.ca.

Comox Valley Real Estate Market Update for the month of June 2020

The average sell price of a single-family home for the month of June 2020 is

$627,920. Up 16% from $542,543 this month last year.

80 single family units listed in the month of June 2020, down 38% from 130.

96 residential units reported sold, up 35% from 71

.

The sell price/list price ratio on single-family homes is 98%, up from 97% this month

last year. 

On average, it currently takes 49 days to sell a single-family home. The average for

this month last year was 48.

There are currently 208 active single-family home listings, down from 328 this

month last year

.

For more information in the local Real Estate market, I'd love to hear from you.

Call or text 250-897-9813, email info@samuelennis.ca.

1617 Maquinna Ave. Comox, BC

Move-in ready! A tastefully updated, 4 bedroom, Comox home with over 2500 sqft! Centrally located near trails, schools, and parks with a friendly mix of neighbours. The main level is a great entertaining space with an open kitchen/dining area. The kitchen has a tiled backsplash, s/s appliances, and a beautiful live edge eating bar. The gas fireplace in the dining room adds to the room's ambience. Off the kitchen are patio doors to the back deck, a sliding barn door to the living room and 3rd bedroom. Down the hallway from the kitchen are two bedrooms and the main bathroom. The bathroom boasts two sinks and two showerheads. Your Master has a walk-in closet and in-room washer/dryer. The lower level is a great space for in-laws or teens. Watch the snowbirds, relax in the hot tub, or take a glimpse of the mountain from the back deck. The many recent updates throughout the home leave you at peace knowing no future investment is required. For more information, please call Samuel Ennis 250-897-9813, email info@samuelennis.ca or click HERE. Listed by Samuel Ennis Prec, Powered by EXP Realty.

Comox Valley Real Estate Monthly Market Update for May 2020

The average sell price of a single family home for the month of May 2020 is $642,850. Up 7% from $599,403 this month last year.

95 single family units listed in the month of May 2020, down 38% from 154.

32 residential units reported sold, down 57% from 75.

The sell to list ratio on single family homes is 34%, down from 49% this month last year. 

On average, it currently takes 40 days to sell a single family home. The average for this month last year was 38.

Single family homes are currently selling for 98% of their list price.

There are currently 244 active single family home listings, down from 301 this month last year.

For more information in the local Real Estate market, I'd love to hear from you.

Call or text 250-897-9813, email info@samuelennis.ca.

PRICE ADJUSTMENT!!!

🎯 2778 Derwent Ave
📏 2408 Sq Ft
🛏 3 Bedrooms
🛁 2 Bathrooms
💰 $699,900

4 Bedroom home with Cumberland Character located in a desired area near trails, shopping, and eateries. A beautiful, covered front porch welcomes the morning sun as it fills the home with natural light. Through the main entrance is your living room area with a beautiful river rock gas fireplace complete with a solid wood mantle. Arched doorways, wood trim finishes, custom wood doors, are some of the details noticed throughout the main floor. The large eat-in kitchen with a pass-through into the living room has granite countertops, cherry finished cabinets, a gas range, and stainless steel appliances. French doors off the kitchen give access to the large back deck and yard with alley access and a fire pit. The main floor also includes a flex room off the kitchen, bedroom, and 4 pce. bath including a clawfoot tub. The upper floor loft area is a great space for hobbies, games, guests, etc. The lower area of the home has overheight ceilings and is where you will find 3 more bedrooms, a 4 pce. bath, the conveniently located laundry room, mudroom, and access to the front and side of the home. Hardi board with cedar gables give the exterior of this home a quality finish on the outside while the heat pump forced air system does the same on the inside. For further information on viewings at this time please call your realtor or call/text 250-897-9813.

Click HERE to view the listing.

As of January 31st, 2020 we had 186 active listings. Up 1.1% from 184 this time last year. 29 listings were sold in January. Down 33% from 43 sold this time last year. On average it takes 73 days to sell, 74% slower compared to January 2019.

 The average sale price of a detached home is $569,100. Up 2.1% from $557,200 this time last year.

The average sale price of attached town homes is $313,400. Down 12% from $356,400 this time last year.

The average sale price for condos is $401,400. Up 11% from $363,100 this time last year.

 For a more detailed market analysis on your home, call, text, or e-mail us directly at 250-897-9813 or info@samuelennis.ca. We’d love to hear from you.

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As of December 31st, 2019 we had 177 listings. Down 4.3% from 185 this time last year. 38 listings were sold in December. Up from 24 sold this time last year. On average it takes 99 days to sell, 191% slower compared to December 2018.

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The average sale price of a detached home is $528,300. Up 1.2% from $521,800 this time last year.

The average sale price of attached town homes is $367,500. Down 2.9% from $378,500 this time last year.

The average sale price for condos is $282,500. Down 6.1% from $300,900 this time last year.

For a more detailed market analysis on your home, call, text, or e-mail us directly at 250-897-9813 or info@samuelennis.ca. We’d love to hear from you.

The decision to sell your house can be exciting and overwhelming all at once. Despite the reality of that latter emotion, there are some things home sellers can do to alleviate the stress. Start with a game plan using the five tips below for a less-stress selling experience.

1. Get to know the real estate market: Knowing the ins-and-outs of the real estate landscape is helpful, so you know what you’re getting into and you can manage your expectations. Some things to consider are average sale price on your street, potential interest rate increases or reductions in the near future, whether’s it’s a buyer’s and seller’s market, and affordable or “liveable” neighbourhoods that prospective buyers look for. We can help!
2. Prepare your paperwork: Potential buyers and their agents will ask a lot of questions about your home, so preparing the paperwork in advance is helpful once you start showing your home. Prepare things like utility bills, tax bills, renovation details, warranties, mortgage details, survey and rental contracts.
3. Declutter: Getting rid of unused items and furniture will make your move easier, and potential buyers will respond better to a clean, clutter-free home. It takes many years to accumulate all that “stuff” so be realistic about how long it will take to clear it out. Try tackling one room per day, starting with the basement!
4. Start stocking up on boxes and moving supplies: As you get ready for the move, keep an eye open for supplies that may be useful. Stock up on old newspapers and collect old or unused boxes from your office or local grocery store.
5. Find a good real estate agent: Agreed, we have a bias when it comes to a DIY home sale versus working with an experienced pro. While it’s ultimately the seller’s choice whether they want to work with an agent or go it alone, here are five facts about FSBO transactions to consider before you make your final decision.

These five simple steps will put you on the right track to sell your house. As overwhelming at the process might seem at first glance, don’t forget to enjoy the excitement of it all, and remember that you’re not alone. A RE/MAX agent will work with you from start to finish, to ensure a stress-free home sale!

-Sourced from Re/Max Blog

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As of November 30, 2019, we had 209 listings, up 5% from 199 in November 2018. 49 listings were sold in November, up 2.1% from 48 in November 2018.

On average, it takes 48 days to sell a residential home. Homes are selling 14% slower, compared to November 2018

The average sale price of a detached home is $619,600. Up 12% from $552,500 this time last year. The average sale price of a townhome is $361,400. Up 0.7% from $359,100 this time last year.

The average sale price of a condo is $269,600. Down 11% from $301,300 from this time last year.

For more information on the current market or for a Comparative Market Analysis on your home contact us directly at 250-897-9813 or info@samuelennis.ca