Paul Tedrick Real Estate

December 2024 Real Estate Update

Posted on Dec 06, 2024

As the holiday season approaches, it’s hard to believe Christmas is just around the corner! This time of year is always special for me, filled with family celebrations for birthdays, anniversaries, and Christmas.

In this month’s newsletter, I’ve included the usual market statistics along with details on an important update to client web portals and...

November Real Estate Update

Posted on Nov 06, 2024

Hello! The real estate market continues to demonstrate its natural ebb and flow. Despite an increase in inventory and longer average days on market, the average selling price has risen by 2% over the past 12 months. While recent rate cuts are welcomed, they haven't yet significantly boosted activity among new home buyers. Given the seasonal slowdow...

October Real Estate Update

Posted on Oct 07, 2024

As fall settles in, the real estate market is seeing some seasonal changes. Whether you’re staying updated or exploring options, I hope you find this month’s insights helpful.
Kind Regards, Paul

September 2024 Statistics for Single Family Dwellings in the Cowichan Valley

September saw a total of 63 single-family homes sold in the Cowichan Valley, up...

September Real Estate Update

Posted on Sep 05, 2024

August 2024 Statistics for Single Family Dwellings in the Cowichan Valley

August saw a total of 58 single-family homes sold in the Cowichan Valley, down from the 63 that sold in August of last year, and down from the 65 in the preceding month of July. There were 101 single-family homes listed on the market in August 2024 compared to 66 last year, u...

August 2024 Real Estate Update

Posted on Aug 07, 2024

Hello, and Happy August!

While August traditionally brings a slowdown in real estate as many take their summer holidays, I'm still noticing plenty of market activity. There are many new listings, offering prospective buyers a wider range of options.

For Landlords: It's important to note that the government will be amending regulations later this mont...

July 2024 Real Estate Update

Posted on Jul 05, 2024

I hope this finds you all well and enjoying the summer! There is a lot happening in real estate right now. Depending on the price point of a specific home, we are fluctuating between a balanced market and a buyer’s market. While British Columbia is in a balanced market, with just over 7 months of home inventory for sale in June, the Cowichan Valley...

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