posted by Dave on Mar 13
It was a fairly regular month for the start of the year with the activity a bit off in the homes over $400,000. the activity below the $400,000 range was up over the same time period of last year but to give you some idea of what the activity did over $400,000 was very obvious when you see Crown Isle posted no sales on MLS for the month of February.
We are seeing a number of buyers coming into the area looking for affordable homes from the northern Alberta region; Fort Mc Murray is one area that seems to be looking at the Comox Valley as a place that is appealing for families, with the working spouse commuting back and forth. I think this is a trend we will see develop more and more in the coming years.
Well the hot spots for the month were Comox posting 20 home sales for an average of $379,408, followed by Courtenay East with 17 sales for and average of $368,382 and in third position we had Cumberland with 15 sales for an average price of $272,113. As you can see all the averages in the hot areas were below the $400,000 price range, and if I look further no area in the Comox Valley had a average over $400,000 for February.
Activity was up 10% in home sales for the month with virtually the same number new listing as 2007. Condo apartment sales were up for the month by 10% while the number of new Condo listings was up by 10%. In general when you look at the stats we had a very similar month to 2007.
posted by Dave on Mar 13
We are getting close to putting the Meadows lots on the market, the Developer is working with his Lawyer to file a disclosure on the property which will allow us to start selling these wonderful lots. The services are all on schedule and the lots are looking very nice, if your interested please ensure you register with us soon, we will be notifing all those that leave their names and phone numbers with us when they come available.
Upon the disclosure being filed we will give a copy of the disclosure, we will require a selection of three choises you would have in lot selection, we will do our best to satisfy your request. We will get back to you as soon as possible to verify your selection, after which we will need your offer to purchase within 7 days. So don’t delay, if you have interest register or give me a call today.