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Real Estate Market Overview for Cowichan Valley, July 2015

86 single family homes sold. Avg. price $350,925 (up 7%, 12 months to date, this year over last.) 12 waterfront homes sold, 5 lots sold & 25 condos sold. Single family unit sales volume is up 15%. Average days on market has decreased by 10% to 70 days. The average condo sells for $202,114. Condo unit sales are up 20%, 12 months to date. Apartment-style condos have seen the largest increase in units sold. Condos have seen a 1% increase in days on market. Average days to sell is 111 days. Lot sales volume has increased by 0%, 12 months to date. Lot prices have decreased by 8%, 12 months to date. Average lot sale price is $123,355. Most active region: Ladysmith; Highest average price: Mill Bay.


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