The May Graph Stats show a subjstantial increase in the number of sales that happened in April, and were down just 5% from the same month last year. There was a sharp decline in the number of new listings with only 81 compared to 146 in May 2019. Therefore the current active inventory is also…

The Graph Stats for April show an expected sharp decline in sales. Single family sales in the Cowichan Valley were down 43% compared to the same month last year, and much of the Vancouver Island followed a similar trend. Inventory remains relatively low and despite the drop-in sales, there has been no noticeable effect on…

The March Graph Stats show a healthy Real Estate market prior to the effects of the Covid-19 Crisis. There were 111 new listings which was a 17% increase from the same month last year. Single family sales were down slightly with 51. The next few months are expected to be slow, but the market will…

Real estate sales picked up in February with 50 single family sales compared to 26 in January. It was also up considerably from February last year with a 43% increase in the number of single family sales. Inventory is up slightly year over year with 142 homes currently for sale. Graph Stats February 2020

Real Estate sales got off to a relatively slow start with only 26 single family sales reported. For the most part, this was due to a lack of inventory. The weather also likely played a role. We expect sales numbers to increase in February. The average sale price of a single-family home in January was…

Cowichan Valley Real Estate Report for 2019 The 2019 year-end graph stats for the Cowichan Valley show an 18% drop in the number of single family homes compared to the previous year. However, the average sale price increased to $537,288, up almost $32,000 or 6% from December 31, 2018. The most notable change from the…

November was a relatively slow month for sales in the Cowichan Valley with 41 single family sales compared to 64 the same month last year. Year to date, the number of sales are off approximately 22%. However, inventory remains low and the average price continues to rise. After a slight dip in October, the average…

2019 has seen a steady increase in the average sale price for single family homes, although there was a slight dip in October. The inventory remains low, with numbers similar to what we have been seeing all year. However, the number of building lots are up considerably, where the inventory has tripled compared to the same time last year.