Real Estate Market Overview for Cowichan Valley (May 2015)
69 single family homes sold. Avg. price $345,138 (up 5%, 12 months to date, this year over last.) 11 waterfront homes sold, 4 lots sold & 20 condos sold. Single family unit sales volume is up 18%. Average days on market has decreased by 1% to 76 days. The average condo sells for $202,081. Condo unit sales are up 27%, 12 months to date. Apartment-style condos have seen the largest increase in units sold. Condos have seen a 12% increase in days on market. Average days to sell is 116 days. Lot sales volume has decreased by 2%, 12 months to date. Lot prices have decreased by 6%, 12 months to date. Average lot sale price is $120,994. Most active region: Ladysmith; Highest average price: Mill Bay.