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Real Estate Market Overview for Cowichan Valley, September 2015

66 single family homes sold. Avg. price $354,125 (up 6%, 12 months to date, this year over last.) 11 waterfront homes sold, 2 lots sold & 24 condos sold. Single family unit sales volume is up 9%. Average days on market has decreased by 9% to 69 days. The average condo sells for $208,240. 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 15% decrease in days on market. Average days to sell is 96 days. Lot sales volume has decreased by 17%, 12 months to date. Lot prices have decreased by 7%, 12 months to date. Average lot sale price is $123,382. Most active region: West Duncan; Highest average price: Mill Bay. FULL REPORT HERE.

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