View Comox Valley luxury real estate listings on Vancouver Island, British Columbia. The Comox Valley features many high end luxury homes and properties. Luxury real estate listings are more commonly found in this part of Vancouver Island than what most people expect. On any given day, it is possible to find more than 200 homes and properties that fall into this category. They often include most styles of home and they can be found in urban and rural areas. When you need a home that is a cut above most, you are likely to find one here. What follows are the homes currently for sale above $500,000.
Comox Valley Real Estate Market History
The Comox Valley has a rich history dating back more than 85,000 millennia but its real estate market is barely a century and a half old. Sir Francis Drake made reference to landing, in 1579, in "New Albion" which is argued to be the area we now call Comox in the Comox Valley. Our real estate market had its origins in the 1860s when the Governor of the British Colony of Vancouver Island offered land for $1 an acre to anyone who relocated to the area.
The first new inhabitants settled in the Comox Valley in 1862 to being farming. To improve access, the Comox wharf was built in 1874, a connecting road from the south was constructed in 1910, and the E&N Railway connected Courtenay to the south in 1914. The City of Courtenay was incorporated in 1915, and the airfield at Comox was opened as a Royal Air Force Base in 1942. A year later it was taken over by Royal Canadian Air Force Station Comox. The Town of Comox was subsequently incorporated in 1946. Over the past 150 years pioneer farming, logging and fishing was eventually supplanted by business, tourism, recreation, and a rich cultural scene. These four economic generators, combined with the local spending impact of the base, currently fuel the local economy. All of this activity takes place against a backdrop of some magnificent local scenery, and one of the most temperate climates in Canada. This is the Canadian oasis we call the Comox Valley on Vancouver Island. Today the Comox Valley offers most types of homes imaginable. The following short video provides a sense of the types of homes available in the Comox Valley.
Comox Valley Real Estate Market Listings and Homes for Sale
Comox Valley real estate listings are processed by the Vanouver Island Real Estate Board (VIREB) which began operations in 1951 but did not adopt its current name until 1959 when operations spread to the north island. The Multiple Listings Service (MLS) started in 1966. In 1986, VIREB adopted the Code of Ethics and Standards of Business Practice of the Canadian Real Estate Association (CREA). Real estate listings on the current multiple listing service date back to 1990. Online listings began in 1995. Mandatory continuing education for real estate agents began in 2005.
Real estate prices and sales peaked in our region in 2007. This banner year was followed by a dramatic reduction in the numbers of home sales in 2008. The subsequent four years experienced turbulence, reduced sales, and falling prices. As we worked our way through 2013 and 2014 prices bottomed. During the spring and summer of 2014 homes sales rebounded to their highest point since 2009. While we have not yet climbed back to the highs of 2007, we are poised for a good 2015 for both home buyers and sellers.
- $1,100,0003 beds, 2 baths2,000 sqft lot 38,376 sqftWalk Score® 0Listed with Royal LePage-Comox Valley (CV)MLS 412616
- $1,150,0004 beds, 5 baths4,036 sqft lot 1.83 acWalk Score® 21Listed with RE/MAX Ocean Pacific Realty (Crtny)MLS 412448
- $3,390,0000 beds, 0 bathslot 12.11 acWalk Score® 25Listed with O.J. Realty & Property Management Inc.MLS 412075
- $1,299,0005 beds, 6 baths4,490 sqft lot 22,519 sqftWalk Score® 63Listed with RE/MAX Ocean Pacific RealtyMLS 412036
- $1,300,0002 beds, 2 baths1,928 sqftWalk Score® 60Listed with Royal LePage-Comox Valley (CV)MLS 411936
- $1,300,0003 beds, 2 baths2,057 sqftWalk Score® 60Listed with Royal LePage-Comox Valley (CV)MLS 411935
- $1,350,0007 beds, 5 baths4,098 sqft lot 14,810 sqftWalk Score® 17Listed with RE/MAX Ocean Pacific Realty (Crtny)MLS 411812
- $2,000,0000 beds, 0 bathslot 36.83 acWalk Score® 4Listed with RE/MAX Ocean Pacific RealtyMLS 411767
- $1,990,0000 beds, 0 bathslot 18.07 acWalk Score® 37Listed with RE/MAX Ocean Pacific RealtyMLS 411230
- $1,088,0004 beds, 5 baths5,172 sqft lot 11,326 sqftWalk Score® 3Listed with Royal LePage-Comox Valley (CV)MLS 410936
- $1,600,0005 beds, 3 baths3,598 sqft lot 33.34 acWalk Score® 10Listed with Engel & Volkers Vancouver IslandMLS 410776
- $1,099,9003 beds, 3 baths2,622 sqft lot 10.00 acWalk Score® 0Listed with RE/MAX Ocean Pacific RealtyMLS 410494
- $1,150,0004 beds, 2 baths2,693 sqft lot 1.10 acWalk Score® 0Listed with RE/MAX Ocean Pacific RealtyMLS 410392
- $1,099,0003 beds, 3 baths2,567 sqft lot 10,019 sqftWalk Score® 1Listed with RE/MAX Ocean Pacific Realty (Crtny)MLS 410301
- $1,100,0004 beds, 4 baths2,842 sqft lot 2.69 acWalk Score® 0Listed with RE/MAX Ocean Pacific RealtyMLS 410294
- $1,875,0004 beds, 4 baths3,410 sqft lot 22.07 acWalk Score® 0Listed with Royal LePage-Comox Valley (CV)MLS 409945
- $1,900,0005 beds, 4 baths4,059 sqft lot 25.45 acWalk Score® 8Listed with RE/MAX Ocean Pacific RealtyMLS 409509
- $2,100,0003 beds, 3 baths4,259 sqft lot 3.03 acWalk Score® 0Listed with RE/MAX Ocean Pacific RealtyMLS 408974
- $2,288,8889 beds, 5 baths7,402 sqft lot 5.30 acWalk Score® 11Listed with Royal LePage-Comox Valley (CV)MLS 408847
- $3,400,0004 beds, 3 baths3,200 sqft lot 182.00 acWalk Score® 0Listed with Engel & Volkers Vancouver IslandMLS 408776
- $1,250,0003 beds, 2 baths3,050 sqftWalk Score® 0Listed with RE/MAX Ocean Pacific RealtyMLS 408175
- $1,200,0003 beds, 3 baths2,509 sqft lot 17.23 acWalk Score® 0Listed with RE/MAX Ocean Pacific RealtyMLS 407998
- $1,100,0005 beds, 4 baths5,700 sqft lot 1.30 acWalk Score® 3Listed with RE/MAX Ocean Pacific RealtyMLS 407581
- $1,690,0004 beds, 2 baths2,584 sqft lot 5.31 acWalk Score® 8Listed with RE/MAX Ocean Pacific Realty (Crtny)MLS 406382
- $2,595,0000 beds, 0 bathslot 7.60 acWalk Score® 6Listed with RE/MAX Jay Cousins RealtyMLS 398564
- $4,500,0004 beds, 7 baths4,135 sqft lot 4.94 acWalk Score® 0Listed with RE/MAX Ocean Pacific RealtyMLS 396667
- $2,750,0007 beds, 6 baths8,432 sqft lot 3.86 acWalk Score® 8Listed with Macdonald Realty (Pkvl)MLS 394072
- $1,130,0004 beds, 3 baths2,450 sqft lot 130.00 acWalk Score® 0Listed with Royal LePage Advance RealtyMLS 391453
- $1,050,0005 beds, 3 baths4,880 sqft lot 5.70 acWalk Score® 0Listed with One Percent Realty Ltd.(Dunc)MLS 411969
- $1,050,0006 beds, 6 baths3,348 sqft lot 4,574 sqftWalk Score® 1Listed with Royal LePage-Comox Valley (CV)MLS 350314
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