MLS Statistics for Colwood and Langford

by Geoff McLean 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.

Geoff McLean

Geoff is an established real estate professional whose years of experience have earned him numerous awards and accolades. He has been one of the top Re/Max Realtors in the Victoria (BC) area since 1990, a Victoria Real Estate Board MLS Gold Award winner for more than a decade, and has won many other awards over the years. What do these awards mean to you? They mean that Geoff works hard and that he produces consistently. He is well connected in the industry and in the community.

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