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Real Estate Market Overview for Cowichan Valley (January 2015)

34 single family homes sold. Avg. price $340,435 (up 4%, 12 months to date, this year over last.) 2 waterfront homes sold, 3 lots sold & 11 condos sold. Single family unit sales volume is up 21%. Average days on market has decreased by 3% to 74 days. The average condo sells for $191,702. Condo unit sales are up 15% 12 months to date. Townhouse-style condos have seen the largest increase in units sold. Condos have seen a 21% increase in days on market. Average days to sell is 119 days. Lot sales volume has decreased by 14%, 12 months to date. Lot prices have increased by 1%, 12 months to date. Average lot sale price is $128,580. Most active region: East Duncan; Highest average price: Mill Bay.


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