Victoria BC Real Estate Market Update

By
Real Estate Sales Representative with eXp Realty, Victoria BC www.pfanntastic.com

Victoria BC Real Estate Market Update

Today Victoria has a regional population of over 326,000 people who enjoy a moderate, sub-Mediterranean climate which offers almost 2,200 hours of sunshine each year with flowers blooming year-round.

Spring arrives as early as February. Summer is comfortable with low humidity and nearly constant offshore breezes and temperatures ranging from 18 to 32 degrees C (65 to 90 degrees F). Fall arrives late in September with trees turning to lovely shades of gold. Winters are so mild that lawns and golf courses remain green and lush.

Victoria BC Real Estate Market Update

This month there were 25 Single Family Home Sales in Victoria.
This compares to 17 Sales for the same month last year.
For a change of 32 % increase over the past year.

The 6 month Average sale price for a Single Family Home in Victoria was: $586,053.
This compares to an average sale price of $ 527,620. during the same 6 month period last year.
For a change of 10 % increase over the past year.

This month the Median sale price for a Single Family Home in Victoria was: $674,000.
This compares to a Median sale price of $ 425,000 during the same month last year.
For a change of 36.9 % over the past year.

This month there were 38 Condominium Homes sales in Victoria.
This compares to 33 Sales for the same month last year.
For a change of 13.2 % over the past year.

The 6 month Average sale price for Condominium Homes in Victoria was: $318,433.
This compares to an average sale price of $ 289,941. during the same month last year.
For a change of 8.9 % over the past year.

This month the Median sale price for Condominium Homes in Victoria was: $ 299,950.
This compares to a Median sale price of $ 249,500. during the same month last year.
For a change of 16.8 % over the past year.

This month there were 12 Town Home Sales in Victoria.
This compares to 6 Sales for the same month last year.
For a change of 50 % over the past year.

The 6 month Average sale price for Town Home in Victoria was: $498,689.
This compares to an average sale price of $ 458,042. during the same 6 month period last year.
For a change of 8.2 % increase over the past year.

This month the Median sale price for Town Home in Victoria was: $ 552,500.
This compares to a Median sale price of $ 373,750. during the same month last year.
For a change of 32.4 % increase over the past year.

Peter and Linda Pfann, are looking forward with providing you with current market updates when you want them and as accurate as possible to your specific requirements and needs.
If we have not posted the information about a lower Vancouver Island community that you wish information about, please Talk To Peter at www.talktopeter.com or (250) 213-9490, and it will be our pleasure to assist in any way possible with current and detailed market information.

 

Posted by

 

 

 

Peter Pfann,

CPCA, ABR, SRES, E-Pro, IMSD, Master ASA, C-CREC, Associate Broker.

Text or Talk To Peter @: (1) 250 - 213 - 9490  

peterpfann@gmail.com  www.pfanntastic.com

Pfanntastic Properties in Victoria, BC, Canada, @ Fair  Realty Since 1986.

Regional office: 1540 Fort St Victoria, BC V8S 5J2

 

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