The Victoria Real Estate Board’s Multiple Listing Service® confirmed a total of 523 homes and other properties sold in July. This was down from 618 sales in June, but close to the sales in July of last year. Overall prices declined throughout all major property types.
In July the average price for a single family home was $581,117 down from $629,292 in June, with 13 single family home sales of over $1 million, including two on the Gulf Islands. Some average prices for individual types of property are as follows:
The overall average price for condominiums last month was $315,371, down from $320,172 in June. The average for the last six months declined to $327,762. The median price for condominiums in July also declined to $289,000. The average price of all townhomes sold last month declined to $412,178 from $444,768 in June. The median price also declined to $385,000 while the six month average declined to $443,341.
MLS® sales last month included 283 single family homes, 147 condominiums, 47 townhomes and 19 manufactured homes.
Active listings, New Listings & Sales Graph
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