Canada’s national median home listing price this month is $290,900, which means that Cowichan Bay is in the top 20% for Canada.
The median house price listed in Cowichan Bay this month is $449,000.
This month we track 199th neighbourhoods in British Columbia, and Cowichan Bay has the 199th most choice available for real estate investors.
It’s never an exact art, but to try to forecast how property is going to appreciate in Cowichan Bay for investors, it’s important to look at data like:
If you are looking at investment properties in Cowichan Bay, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.
When looking across the province, Cowichan Bay is the 28th most expensive in British Columbia.
In Aug the median listed house price of $359,000 in Cowichan Bay was an impressive compared to the rest of British Columbia.
If you’re looking at investment properties in Cowichan Bay, then you’re most likely to find homes with 2 bedrooms on sale this month.
Across British Columbia Cowichan Bay has the 95th most properties on offer with 124.
Will prices rise across the next year in in Cowichan Bay? There are a number of real estate indicators to consider.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Cowichan Bay there is more stock than three months ago. This would indicate pressure on prices easing.