Cowichan Valley 55+ Homes Market Report

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Current Cowichan Valley 55+ Data

Cowichan Valley 55+ Homes Market Report

Track age-restricted homes in Duncan, North Cowichan, Lake Cowichan, Cobble Hill and Mill Bay, including asking-price ranges, price per square foot, days on market and active inventory for 55+ condos, townhomes, manufactured homes and bare-land strata houses listed through the Vancouver Island Real Estate Board. These numbers are calculated from current MLS® data and shift as age-restricted homes are listed, sold or repriced.

Cowichan Valley 55+ market caution: Park homes on rented pads around Duncan list for a fraction of the price of a detached house in Arbutus Ridge, and both sit in this table. When more park homes are for sale the average drops; when a few Arbutus Ridge homes come up it climbs, even if nothing else has changed. Compare one ownership type at a time and add pad rent to any park home.
Walkway across the Kinsol Trestle over the Koksilah River
Cowichan Valley 55+ Market Condos, townhomes, park homes and bare-land strata homes for residents 55 and over
How to Read the Numbers

Understanding Cowichan Valley 55+ Market Data

The valley’s age-restricted market is small and mixed, so its statistics shift with whichever type of home is listed.

01

Duncan at the Centre

Most 55+ listings are condos and townhomes in and around Duncan, close to urgent care, transit and shopping. Lake Cowichan adds a smaller group of condos and newer townhomes at lower prices, and South Cowichan contributes Arbutus Ridge and a few condos in Mill Bay.

02

Park Homes vs Strata Homes

Manufactured homes in age-restricted parks on the edges of Duncan and in Cobble Hill and Mill Bay sit at the bottom of the range, while detached homes in Arbutus Ridge sit at the top. The share of each on the market moves the averages more than any change in demand.

03

Fewer Buyers, Longer Sales

An age bylaw limits who can live in a home, and the valley’s 55+ buyer pool is modest. Days on market for these homes are best compared with other 55+ listings rather than with the valley’s general market.

04

Active Listings, Not Sold Prices

These statistics describe current asking prices and days on market, not sold values. Valuing a specific property takes recent comparable sales in the same community and adjustments for that property.

Address Beds Baths Living ft2 List Price Cost per ft2 DOM
300 Grosskleg Way Unit ##21 2 2 1,077 $509,900 $473 0 days
18 King George St Unit ##110 3 1 1,074 $333,000 $310 4 days
5980 Jaynes Rd Unit ##22 3 3 2,312 $624,900 $270 6 days
3497 Gibbins Rd Unit ##78 3 2 1,566 $269,900 $172 19 days
3626 Panorama Ridge 3 3 2,201 $1,085,000 $492 23 days
2885 Boys Rd Unit ##434 2 1 816 $134,900 $165 23 days
548 Marine View 2 3 2,405 $1,349,999 $561 25 days
245 First St Unit ##305 2 2 1,258 $409,000 $325 28 days
1927 Tzouhalem Rd Unit ##58 2 2 1,230 $399,000 $324 34 days
2777 Barry Rd Unit ##213 2 2 1,141 $499,900 $438 42 days
1071 Bourban Rd 2 2 1,311 $444,900 $339 41 days
3101 Herons Way Unit ##5 2 2 1,567 $619,000 $395 44 days
3497 Gibbins Rd Unit ##50 2 1 947 $349,000 $368 48 days
275 First St Unit ##403 2 2 1,139 $375,000 $329 48 days
254 First St Unit ##307 2 2 1,148 $375,000 $326 51 days
2777 Barry Rd Unit ##207 1 1 940 $424,900 $452 61 days
5980 Jaynes Rd Unit ##28 3 3 3,081 $798,000 $259 64 days
650 Dobson Rd Unit ##106 2 2 1,063 $365,000 $343 72 days
131 Mckinstry Rd Unit ##3 3 3 1,610 $559,900 $347 76 days
1927 Tzouhalem Rd Unit ##9 2 2 1,317 $444,500 $337 76 days
273 Coronation Ave Unit ##207 2 2 1,222 $348,900 $285 77 days
3101 Herons Way Unit ##19 2 2 1,339 $639,000 $477 84 days
571 Marine View 2 2 1,543 $939,000 $608 86 days
245 First St Unit ##302 2 2 1,059 $399,500 $377 93 days
300 Grosskleg Way Unit ##32 2 2 1,131 $505,000 $446 109 days
2885 Boys Rd Unit ##454 2 1 947 $239,000 $252 119 days
245 First St Unit ##207 2 2 1,139 $379,000 $332 132 days
1751 Northgate Rd Unit ##66 2 2 1,248 $313,900 $251 132 days
556 Marine View 3 3 2,292 $1,095,000 $477 138 days
3497 Gibbins Rd Unit ##20 2 1 832 $279,900 $336 140 days
18 King George St Unit ##99 N/A 1 457 $199,900 $437 145 days
3556 Arbutus S Dr 2 2 1,726 $827,000 $479 163 days
300 Grosskleg Way Unit ##33 2 2 1,081 $499,995 $462 173 days
2885 Boys Rd Unit ##320 2 1 837 $120,000 $143 216 days
2885 Boys Rd Unit ##241 1 1 1,291 $161,900 $125 228 days
Average: 2.1 1.9 1,352 $494,791 $357 81 days
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Viewing 1 - 35 of 35

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