The Top Most Expensive Communities in the Cowichan Valley for August 2025
The top most expensive communities in the Cowichan Valley for August 2025 highlight how single family detached homes (not acreage or waterfront) are performing across the region. Curious which communities topped the Cowichan Valley housing market this month? Below is a ranked list that shows where prices are climbing, where they are cooling, and how each community compares to the rest of the Valley.
| Market Position | Community | Average Price | Year-over-Year | Year to Date Change |
|---|---|---|---|---|
| #1 | Mill Bay | $1,110,400 | -3.72% | -3.33% |
| #2 | Saltair | $1,022,500 | +12.96% | +8.68% |
| #3 | Cowichan Bay | $959,000 | -0.31% | -0.34% |
| #4 | Cowichan Station/Glenora | $925,000 | +13.09% | +12.86% |
| #5 | Cobble Hill | $887,500 | -4.05% | -4.64% |
| #6 | Honeymoon Bay | $884,541 | +0.58% | +0.34% |
| #7 | East Duncan | $840,000 | +0.96% | +0.90% |
| #8 | Chemainus | $829,000 | -1.54% | -1.33% |
| #9 | Ladysmith | $810,000 | +0.75% | +0.77% |
| #10 | Shawnigan Lake | $795,000 | -8.62% | -8.28% |
| #11 | Lake Cowichan | $762,000 | +11.57% | +11.15% |
| #12 | West Duncan | $690,000 | -3.63% | -3.60% |
| #13 | Crofton | $668,000 | -6.96% | -6.93% |
| #14 | Youbou | $609,000 | -6.89% | -7.13% |
| #15 | Malahat Proper | N/A | — | — |
Which communities came out on top in August 2025?
Leading the pack, Mill Bay once again secured the number one spot with an average single family detached home price of $1,110,400, despite showing a slight decline of -3.72% year over year and -3.33% year to date. This keeps Mill Bay firmly established as the most expensive market in the Cowichan Valley.
At number two, Saltair saw the strongest appreciation, jumping +12.96% year over year and +8.68% year to date, pushing its average price to $1,022,500. Saltair is quickly emerging as one of the Valley’s most competitive communities for buyers.
Cowichan Bay ranked number three at $959,000, holding steady with only marginal declines, while Cowichan Station/Glenora made a notable appearance at number four with $925,000, posting the largest year to date growth of +12.86% in the Valley.
Rounding out the top five, Cobble Hill averaged $887,500, though it cooled compared to last year. The mid tier communities including Honeymoon Bay, East Duncan, Chemainus, Ladysmith and Shawnigan Lake clustered between the high $700,000s and mid $800,000s, showing mixed results.
Further down the list, Lake Cowichan stood at $762,000, though it saw a sharp rise of +11.57% year over year. West Duncan, Crofton and Youbou all settled below the $700,000 mark, while Malahat Proper reported no sales for the period.
Key Takeaways
- Luxury anchor: Mill Bay continues to lead the Valley in pricing.
- Fastest risers: Saltair and Cowichan Station/Glenora posted the strongest gains.
- Value communities: West Duncan, Crofton and Youbou remain the most affordable detached markets.
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