Real Estate Market Overview for Cowichan Valley (June 2015)
115 single family homes sold. Avg. price $347,977 (up 6%, 12 months to date, this year over last.) 8 waterfront homes sold, 6 lots sold & 19 condos sold. Single family unit sales volume is up 20%. Average days on market has decreased by 5% to 73 days. The average condo sells for $203,778. Condo unit sales are up 25%, 12 months to date. Apartment-style condos have seen the largest increase in units sold. Condos have seen a 7% increase in days on market. Average days to sell is 114 days. Lot sales volume has increased by 16%, 12 months to date. Lot prices have decreased by 14%, 12 months to date. Average lot sale price is $119,437. Most active region: Ladysmith; Highest average price: Mill Bay.