SEPTEMBER MARKET REPORT
Posted on Oct 11, 2023
This September 20% more homes sold than in September 2022 but we saw a 9% decrease in sales from August 2023. Sales of condos were up 23% from September 2022 and sales of single family homes also increased 3% from September 2022. There were 2,699 active listings for sale at the end of September which is an increase of 8% compared to the previous mo...
MAY MARKET REPORT
Posted on Jun 07, 2023
Looks like the Spring market is beginning to grow just in time for summer!
A total of 775 properties sold in the Victoria Real Estate Board region this May, which is 1.8% more than the 761 properties sold in May 2022 and a 21.7% increase from April 2023. Sales of condominiums were down 0.8% from May 2022. Sales of single family homes increased 8.7...
APRIL MARKET REPORT
Posted on May 12, 2023
There were 2,043 active listings for sale in the Victoria area at the end of April 2023, an increase of 3.7% compared to March and a 49.7% increase from the 1,365 active listings for sale at the end of April 2022. A total of 637 properties sold in the Victoria Real Estate Board region this April, an 8% increase from March 2023.
Sales numbers for thi...
MARCH MARKET UPDATE
Posted on Apr 04, 2023
Last month we had 29.2% fewer properties sold than in March 2022 but a 28.3% increase from February 2023. Sales of condos were down 29.4% from March 2022 with only 197 units sold. Sales of single family homes decreased 31.8% from March 2022 with 281 sold.
We had an increase of overall sales 8.9% compared to the previous month of February and an 85...
FEBRUARY MARKET REPORT
Posted on Mar 02, 2023
Inventory levels are starting to increase, a welcome trend when compared to the record lows of last year. We're also seeing a stabilization at some price points and properties that are priced in accordance with current market conditions are selling at a good pace. The market today is different than we have seen in recent years. There's plenty of de...DECEMBER 2022 MARKET REPORT
Posted on Jan 03, 2023
In December only 320 properties sold in the Victoria Real Estate Region which is a 16.7% decrease from November. There were 1,688 active listings for sale at the end of December 2022, a decrease of 20% compared to the previous month of November but a 158.9% increase from the mere 652 active listings for sale at the end of December 2021.
A single fam...