Cowichan Valley Real Estate Market Report

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Current Cowichan Valley Data

Cowichan Valley Real Estate Market Report

Track current market conditions for Duncan, Maple Bay, Cowichan Bay, Crofton, Westholme, Saltair, Thetis Island, Lake Cowichan, Youbou, Honeymoon Bay and the South Cowichan communities, including asking-price ranges, price per square foot, days on market and active inventory for every property type listed through the Vancouver Island Real Estate Board. The figures are generated from current MLS® data and change as homes are listed, sold or repriced.

Cowichan Valley market caution: Valley-wide figures combine downtown Duncan condos and manufactured homes in parks with oceanfront at Maple Bay and Genoa Bay, lakefront land on Cowichan Lake and rural acreage, so the average shifts with whatever happens to be listed. A single large waterfront parcel near Youbou or an estate above Maple Bay can lift it noticeably. Many South Cowichan homes are listed through the Victoria board instead and are not counted here. Compare one community and one property type at a time.
Sailboats moored in Cowichan Bay with forested hills behind
Cowichan Valley Market Homes, condos, waterfront and land from Cowichan Bay and Duncan to Crofton, Thetis Island and Cowichan Lake
How to Read the Numbers

Understanding Cowichan Valley Market Data

The valley holds several distinct markets around one small city, and each pulls the figures in its own direction.

01

Duncan and North Cowichan Set the Middle

Most listings come from the Duncan postal area, which spans the city itself, North Cowichan suburbs such as Maple Bay and Quamichan, and rural Cowichan Station and Glenora. Their condos, townhomes and family houses set the middle of the range for the whole valley.

02

Lake Country Has Its Own Buyers

Lake Cowichan, Youbou and Honeymoon Bay draw both local families and buyers looking for a cabin or a retirement home by the water. Lakefront and recreational lots trade on frontage and access rather than house size, which makes their price per square foot hard to compare with town homes.

03

Islands and Ferry Towns

Thetis Island homes depend on the Chemainus ferry, wells and Islands Trust rules, and Crofton and Saltair sit on the Stuart Channel shore with their own small-town markets. Only a few of these properties list at a time, so one sale can move the local figures sharply.

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
300 Lake Park Rd 3 2 1,132 $474,900 $419 0 days
2036 Oakhill Pl 5 4 2,936 $999,999 $340 0 days
7248 Indian Rd 3 2 2,816 $890,000 $316 1 day
Lt 2 Braithwaite Dr N/A N/A N/A $484,000 Unknown 1 day
2029 Oakhill Pl 3 2 1,449 $859,000 $592 1 day
8136 Miracle Close 5 3 3,015 $1,269,900 $421 1 day
2618 Mill Bay Rd 3 2 2,081 $1,297,500 $623 1 day
8033 Greendale Rd 24 8 6,920 $2,395,000 $346 1 day
8033 Greendale Rd N/A N/A N/A $2,395,000 Unknown 1 day
249 North Shore Rd N/A N/A N/A $409,000 Unknown 1 day
3211 Woodrush Dr 4 4 2,683 $1,160,000 $432 1 day
18 King George St Unit ##110 3 1 1,074 $333,000 $310 4 days
2538 Trillium Terr 3 2 2,061 $889,000 $431 5 days
Lot 41 Lupine Lane N/A N/A N/A $199,900 Unknown 5 days
5980 Jaynes Rd Unit ##22 3 3 2,312 $624,900 $270 6 days
3026 Keystone Dr 4 3 2,286 $924,900 $404 5 days
2785 Wallbank Rd Unit ##70 3 2 1,193 $369,000 $309 6 days
10579 Youbou Rd 3 1 1,782 $585,000 $328 8 days
4970 Wilson Rd 9 5 4,598 $1,550,000 $337 6 days
1855 Sandra Pl 4 2 1,853 $699,000 $377 6 days
977 Grandview St 3 4 4,164 $3,150,000 $756 6 days
1029 Herd Rd 4 3 3,026 $1,075,000 $355 7 days
3025 Cowichan Lake Rd Unit ##30 2 2 1,199 $415,000 $346 7 days
100 Elk Rd 3 3 1,724 $799,000 $463 8 days
2943 Sherman Rd 2 1 1,550 $519,900 $335 8 days
4425 Telegraph Rd 3 3 1,533 $1,250,000 $815 8 days
1805 Braeburn Pl 7 3 4,531 $1,450,000 $320 8 days
6246 Lower Chippewa Rd 5 4 3,152 $925,000 $293 8 days
10842 Grandview Rd 4 2 2,536 $1,140,000 $449 8 days
6450 Abbey Rd 4 3 2,244 $748,000 $333 8 days
2839 Wedgewood Dr 5 4 3,826 $1,299,900 $339 9 days
1700 Pritchard Rd Unit ##23 2 3 1,974 $649,900 $329 9 days
3104 Laurel Grove 4 3 2,378 $775,000 $325 9 days
3049 Telegraph Rd 7 7 4,205 $1,600,000 $380 9 days
930 Wharncliffe Rd 3 2 1,013 $595,000 $587 9 days
380 Brae Rd Unit ##207 1 1 660 $250,000 $378 9 days
3279 Gibbins Rd 4 2 2,145 $559,900 $261 13 days
80 North Shore W Rd 2 3 1,166 $789,000 $676 11 days
6286 Highwood Dr 4 3 3,072 $1,239,000 $403 11 days
153 Elk Rd 3 3 1,691 $619,000 $366 14 days
961 Trunk Rd Unit ##7 3 2 1,623 $399,000 $245 12 days
1620 Cowichan Bay Rd 4 2 1,774 $699,000 $394 13 days
5926 Tower Pl 3 2 1,405 $750,000 $533 13 days
7028 Westholme Rd 3 4 4,514 $1,995,000 $441 13 days
3111 Manor Dr 3 3 1,735 $740,000 $426 19 days
2128 Calais Rd 5 2 2,200 $930,000 $422 13 days
3003 Keystone Dr Unit ##110 2 3 1,332 $599,000 $449 13 days
1533 Joan Ave Unit ##304 2 2 1,423 $650,000 $456 13 days
2944 Roozendaal Rd 6 5 3,964 $1,599,900 $403 13 days
Average: 3.5 2.6 2,189 $1,080,517 $461 87 days
Viewing 1 - 50 of 479
Viewing 1 - 50 of 479

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