June Real Estate Fun Facts on Campbell River
June Real Estate Fast Facts on Campbell River
- In the 12 months ending June 30th, 2015 there were 773 sales of all property types in Campbell River, nearly identical to the same period in 2014. The highest number of annual sales was 1181 in 2007.
- The 12 month average sale price of a Campbell River home is $313,632, up 5%. The average lot price is $132,466 up 20%. If you purchased an ‘average’ home in 2006, you paid $265,602. If you bought an average lot, you paid $103,171.
- YTD 2015, 44 houses a month have sold. (For all 2014 – 46, for 2013 – 42, for 2012 – 37, for 2011- 41, for 2010 – 36, for 2009 – 44, for 2008 – 38, for 2007 -58, for 2006 – 54.)
- YTD 2015 residential sales occurred in Willow Point – 42%, Campbell River City – 38%, followed by Oyster River North – 9%, Quinsam-Campbellton – 8% and Campbell River North – 3%.
- Houses make up 67% of the 478 residential properties currently offered for sale, condos are 26%, duplexes – 3%, mobile homes – 4%. The active inventory of all properties is 719, down 7%.
- The largest inventory of single family dwellings is in Willow Point (122) where the average price is up 4% ($320,188), followed by Campbell River City (90) where prices are up 7% ($310,640).
- The greatest current single family home price differential is between Willow Point where the average price is up 4% ($320,188) and Campbell River North where the price is down 11% ($283,697).
- YTD 2015, 20 houses sold for less than $200,000. In all of 2014 there were 48. In 2013 – 59, in 2012 – 52, in 2011 – 56, in 2010 – 36, in 2009 -67.
- YTD there have been 18 sales over $500,000. There were 26 sales over $500,000 in 2014, in 2013 -15, in 2012 – 20, in 2011 – 26, in 2010 – 15, in 2009 -10, in 2008 – 26. The 12 month median price (half sales above, half below) for 2015 is $305,000.
- There are 16 SFD waterfront listings currently on the market, priced from $399,500 to $1,850,000. There are 17 waterfront condos listed from $179,800 to $324,900. The highest priced residential sale YTD was for $999,000.
- There are 100 REALTORS® in Campbell River among the 963 members of the Vancouver Island Real Estate Board.
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