The prices in real estate in Lake Cowichan, in the British Columbia region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Lake Cowichan has fallen in the last 6 months. In October, the average price per sq.feet was $404. In the following month the price per sq.feet decreased to $383. In the following two months the price per sq.feet has barely changed, going from $393.5 to $390.5 per sq.feet. The price per sq.feet has decreased 92 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $392 to $360.5 during February, and March.
Based upon to the price in Lake Cowichan (cities), this has gone up considerably in the last 6 months. The average price for October is $708,054. During November the price had a slight fall till $665,659. During the following two months (December, January) the average price had a considerable increase of 124 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.