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Real Estate Market Overview for Cowichan Valley (February 2015)

46 single family homes sold. Avg. price $339,458 (up 4%, 12 months to date, this year over last.) 0 waterfront homes sold, 3 lots sold & 12 condos sold. Single family unit sales volume is up 17%. Average days on market has decreased by 3% to 74 days. The average condo sells for $191,028. Condo unit sales are up 25% 12 months to date. Townhouse-style condos have seen the largest increase in units sold. Condos have seen a 25% increase in days on market. Average days to sell is 120 days. Lot sales volume has decreased by 6%, 12 months to date. Lot prices have increased by 4%, 12 months to date. Average lot sale price is $129,620. Most active region: Ladysmith; Highest average price: Mill Bay.


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