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Real Estate Market Overview: Cowichan Valley (August 2015)

70 single family homes sold. Avg. price $353,913 (up 7%, 12 months to date, this year over last.) 16 waterfront homes sold, 3 lots sold & 17 condos sold. Single family unit sales volume is up 16%. Average days on market has decreased by 10% to 69 days. The average condo sells for $205,680. Condo unit sales are up 19%, 12 months to date. Apartment-style condos have seen the largest increase in units sold. Condos have seen a 16% decrease in days on market. Average days to sell is 99 days. Lot sales volume has decreased by 7%, 12 months to date. Lot prices have decreased by 8%, 12 months to date. Average lot sale price is $123,573. Most active region: East Duncan; Highest average price: Mill Bay. FULL REPORT HERE.



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