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The quick read: the benchmark single-family home in Campbell River is now $680,900 — a slight uptick from this time last year — while buyers across the Island are taking their time. Here’s what that means if you’re buying or selling in the Riv.

The Numbers (June 2026, source: Vancouver Island Real Estate Board)

• Campbell River benchmark single-family price: $680,900 — slight increase vs. June 2025

• Single-family homes sold in Campbell River: 52 — up 18% vs. June 2025

• Average single-family sale price in Campbell River: $797,496 — up 12% vs. June 2025

• Island-wide benchmark single-family price: $790,800 — down slightly year-over-year

• Island-wide benchmark condo price: $408,000 — up 1% year-over-year

• Island-wide benchmark townhouse price: $549,400 — down 1% year-over-year

• Island-wide sales (all property types): 782 — down 8% vs. June 2025

• Island-wide active listings: 4,637 — up 2% vs. June 2025

What’s Actually Happening

Campbell River continues to punch above its weight for value. At $680,900, our benchmark single-family home costs about $110,000 less than the Island average and roughly $185,000 less than the Comox Valley next door — one big reason buyers keep looking north.

Across the Island, buyers are being careful. VIREB’s CEO put it well this month: buyers are “taking a cautious, wait-and-see approach,” and homes priced above market expectations are sitting longer. But well-priced homes are still moving — some with multiple offers.

If You’re Selling

Pricing is everything right now. The gap between “sells in two weeks” and “sits for two months” is almost entirely about pricing to the current market, not last year’s. We watch Campbell River sales daily and can show you exactly what comparable homes in your neighbourhood have sold for — not just asked for. Request a free home evaluation at erikahaley.ca/home-evaluation.html.

If You’re Buying

More inventory and measured competition means you have negotiating room that didn’t exist a few years ago — especially in the condo market, where downsizers are finding real opportunities. If you’re watching a price range, set up an auto-property search at erikahaley.ca/form_matrix.html and you’ll see new listings the moment they hit the market.

The Bottom Line

Campbell River remains one of the best-value markets on Vancouver Island, and steady prices with patient buyers is a healthy, workable market for both sides — as long as your strategy matches the moment.

Questions about your own situation? Let’s talk.

Erika 250-202-1058 | Jenna 778-348-3599 | erika@erikahaley.ca

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.