Real Estate Market Overview for Cowichan Valley (December 2014)
53 single family homes sold. Avg. price $337,728 (up 3%, 12 months to date this year over last.) 5 waterfront homes sold, 2 lots sold & 11 condos sold. Single family unit sales volume is up 24%. Average days on market has decreased by 0% to 75 days. The average condo sells for $193,492. Condo unit sales are up 20% 12 months to date. Townhouse-style condos have seen the largest increase in units sold. Condos have seen a 26% increase in days on market. Average days to sell is 115 days. Lot sales volume has decreased by 22%, 12 months to date. Lot prices have increased by 5%, 12 months to date. Average lot sale price is $131,101. Most active region: East Duncan; Highest average price: Cowichan Bay.