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Cowichan Bay, BC

Updated: Aug 2016
House
Median price $449,000
Monthly growth -0.10 %
Quarterly trend
Stock on market 0.96%
Apartment
Median price $359,000
Monthly growth 4.36 %
Quarterly trend
Stock on market 0.37%

Cowichan Bay Home Price

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.

Find a mortgage broker in Cowichan Bay, BC
Beds Median price (House) Median price (Apartment)
1 bedroom $208,500
2 bedrooms $449,900 $359,000
3 bedrooms $714,900
4 bedrooms $429,350
Demographics
  • Population in 20112971
  • Population in 20062823
  • 2006 to 2011 population change (%)5.2
  • Total private dwellings1356
  • Private dwellings occupied by usual residents1269
  • Population density per square kilometre189.7
  • Land area (square km)15.67

Age Characteristics

Total population by age groups 2970
0 to 4 years 120
5 to 9 years 145
10 to 14 years 195
15 to 19 years 160
15 years 35
16 years 30
17 years 35
18 years 30
19 years 30
20 to 24 years 110
25 to 29 years 85
30 to 34 years 130
35 to 39 years 145
40 to 44 years 200
45 to 49 years 230
50 to 54 years 280
55 to 59 years 285
60 to 64 years 310
65 to 69 years 200
70 to 74 years 130
75 to 79 years 110
80 to 84 years 80
85 years and over 55
Median age of the population 49.4
% of the population aged 15 and over 84.7

Marital Status

Total population 15 years and over by marital status 2515
Married or living with a common-law partner 1635
Married (and not separated) 1395
Living common-law 240
Not married and not living with a common-law partner 880
Single (never legally married) 450
Separated 90
Divorced 220
Widowed 115

Family Characteristics

Total number of census families in private households 935
Size of census family: 2 persons 575
Size of census family: 3 persons 155
Size of census family: 4 persons 145
Size of census family: 5 or more persons 55
Total number of census families in private households 935
Total couple families by family structure and number of children 810
Married couples 690
Without children at home 410
With children at home 275
1 child 110
2 children 115
3 or more children 45
Common-law couples 120
Without children at home 80
With children at home 40
1 child 15
2 children 20
3 or more children 5
Total lone-parent families by sex of parent and number of children 130
Female parent 85
1 child 55
2 children 20
3 or more children 15
Male parent 45
1 child 25
2 children 15
3 or more children 0
Total children in census families in private households 760
Under six years of age 145
6 to 14 years 310
15 to 17 years 95
18 to 24 years 140
25 years and over 70
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 2960
Number of persons not in census families 450
Living with relatives 45
Living with non-relatives only 90
Living alone 320
Number of census family persons 2510
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 570
Number of persons not in census families aged 65 years and over 165
Living with relatives 20
Living with non-relatives only 25
Living alone 115
Number of census family persons aged 65 years and over 415
Total number of private households by household type 1265
Census-family households 920
One-family-only households 845
Couple-family households 750
Without children 460
With children 290
Lone-parent-family households 95
Other family households 75
One-family households with persons not in a census family 60
Couple-family households 40
Without children 20
With children 20
Lone-parent-family households 20
Two-or-more-family households 15
Non-census-family households 350
One-person households 315
Two-or-more-person households 30
Total number of occupied private dwellings by structural type of dwelling 1270
Single-detached house 1070
Apartment, building that has five or more storeys 0
Movable dwelling 80
Other dwelling 120
Semi-detached house 5
Row house 35
Apartment, duplex 25
Apartment, building that has fewer than five storeys 50
Other single-attached house 0
Total number of private households by household size 1270
1 person 320
2 persons 545
3 persons 180
4 persons 160
5 persons 45
6 or more persons 25
Number of persons in private households 2955
Average number of persons in private households 2.3

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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