Real Estate Market Overview for Cowichan Valley (November 2015)
54 single family homes sold. Avg. price $354,457 (up 5%, 12 months to date, this year over last.) 6 waterfront homes sold, 3 lots sold & 21 condos sold. Single family unit sales volume is up 7%. Average days on market has decreased by 9% to 69 days. The average condo sells for $217,714. Condo unit sales are up 30%, 12 months to date. Apartment-style condos have seen the largest increase in units sold. Condos have seen a 14% decrease in days on market. Average days to sell is 95 days. Lot sales volume has decreased by 13%, 12 months to date. Lot prices have decreased by 4%, 12 months to date. Average lot sale price is $126,729. Most active region: Chemainus; Highest average price: Mill Bay. FULL REPORT HERE.