MLS Statistics for Colwood and Langford

by McLean Real Estate Group on January 21, 2012

The municipalities of Colwood and Langford sit next to each other and constitute the centre of Greater Victoria’s west shore communities.  Both have seen an explosion of development in the last decade thanks in large part to a dedicated infrastructure improvement strategy.

Along with a lot of newer housing, there has been plenty of commercial development, especially in Langford, which boasts one of the fastest growing populations in Canada.  Property values in both municipalities are similar, with Colwood registering slightly lower average  condo prices in 2012, while Langford has somewhat lower cost townhomes during the same time period.

 

Housing Type (Colwood) Average Price (2012) Total Units Sold
Single Family Dwelling

$482,330

165

Townhouse

$397,265

31

Condominium

$253,100

49

Manufactured Home

n/a

n/a

Lots and acreage

$185,000

1

 

 

Housing Type (Langford) Average Price (2012) Total Units Sold
Single Family Dwelling

$495,692

377

Townhouse

$337,258

76

Condominium

$266,494

154

Manufactured Home

$102,512

25

Lots and acreage

$256,117

23

 

Both Colwood and Langford have a lot to offer first time buyers.  There are reasonably priced homes, tons of shopping and ample opportunities for recreation, all within a quick commute of the city of Victoria.

McLean Real Estate Group

Offering the very best in real estate for our clients! If you are looking to buy or sell a home, choosing an experienced REALTOR® is important. Ask any one of the thousands of people who have come into contact with the McLean Real Estate Group over the years and they will tell you that their best assets are professionalism and integrity. Geoff McLean, Jodi Baker and Darren Neuhaus provide sound advice for every aspect of the Victoria market to ensure your real estate goals are met. Whether you are relocating to or from Victoria, a first time or experienced buyer or seller, you can count on the McLean Real Estate Group.

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