Micro Market Minute: Central Comox

Thus far in 2025, the Town of Comox residential real estate market continues to demonstrate the resilience and balance that have long defined its inherent value that comes with being the only south-facing, seaside town on Vancouver Island’s East Coast.

While broader economic trends across Canada have been shaped by elevated interest rates and cautious consumer sentiment, Comox’s housing sector (especially within the Central Comox neighbourhood) has remained quietly robust.

At Jackson & Associates Ltd., our residential appraisal work across the Comox Valley provides a front-row view of how market shifts unfold at the local level. What we’re seeing this year in Central Comox is not a slowdown, it’s a recalibration toward sustainable, evidence-based value.

Sales Activity: Confidence Returns at a Measured Pace

For our "Market Minute in Central Comox", between January 1 and October 14, 2025, a total of 62 single-family detached properties changed hands on the MLS system in the Central Comox neighbourhood.  At time of this posting, another 9 sale deals are classified “pending – unconditional”.

These SFD sales represents a modest reduction from the high-turnover years of 2021–2022, it aligns closely with pre-pandemic norms and signals a market that is finding its footing. 

Homes that are well-presented and accurately priced continue to attract steady buyer interest. Average days on market have normalized, with most Central Comox listings moving within 30–45 days—a timeframe that reflects balance between supply and demand rather than urgency or distress.

Pricing and Value Trends

The median sale price in Central Comox through 2025 sits near $826,000, with year-over-year movement of approximately –2%. This minor adjustment is consistent with other mature, built-out neighbourhoods across the Town of Comox, where constrained land supply and stable demand protect long-term values.

Detached homes in Central Comox appeal to a wide range of buyers, from young families seeking proximity to schools and parks, to downsizers who value walkability and coastal access. The area’s mix of 1960s–1990s homes alongside select newer infill builds provides both character and choice.

Infill, Renewal, and the Built Form of Central Comox

According to the Town’s Official Community Plan (OCP), Central Comox is identified as a key residential infill area, supporting small-lot development and gentle density increases within the existing urban footprint. The OCP envisions this part of Comox as a walkable, community-scaled environment where housing variety enhances livability without eroding neighbourhood identity.

The Town of Comox OCP is currently being rewritten (CLICK FOR MORE INFO ON T

HE NEW OCP PROCESS: https://engagecomoxvalley.ca/comoxocp)

The new 2025 planning direction has already begun to shape valuation trends. Properties with potential for secondary suites, small-lot subdivision, or modernization increasingly capture premium attention from buyers who see long-term opportunity under the new Province of BC Housing Legislation (Bill 44 / Bill . Meanwhile, older homes on larger parcels often trade quickly when priced in alignment with land value fundamentals.

Market Outlook: Stability Anchored in Livability

Looking ahead to 2026, the Central Comox market appears positioned for continued price stability and moderate sales growth. The broader economic environment (anchored by steady population inflows to Vancouver Island, gradual rate normalization, and ongoing investment in local amenities) supports a balanced outlook.

For property owners, this means a return to fundamentals: accurate valuation, evidence-based decisions, and professional insight. For buyers, it presents a rare moment of equilibrium, time to make informed choices without the pressures of a hyperactive market.

Our Perspective

At Jackson & Associates Ltd., we believe that market data is most meaningful when it’s understood in context. Central Comox exemplifies the kind of local market knowledge that distinguishes professional appraisal from assumption-based pricing. Each transaction contributes to the evidence base that helps lenders, buyers, and owners navigate with confidence.

As we continue our Micro Market series, we will explore other key submarkets within our various Central Vancouver Island and Upper Sunshine Coast property markets each with its own dynamics, opportunities, and valuation considerations.

Jackson & Associates Ltd.Trusted Valuation & Advisory Since 1973📍 Serving Vancouver Island | 🌐 comoxvalleyappraisers.com#MicroMarketMinute #ComoxValley #RealEstateInsights #AppraisalExperts