October 2012, MLS® Real Estate Sales and Average Prices, Greater Victoria As Reported By VREB.
|
2012 - October |
2012 - September |
2011 - October |
|||||||
|
No of Sales |
Average |
Median |
No of Sales |
Average |
Median |
No of Sales |
Average Price $ |
Median Price $ |
|
|
Single Family Gr. Victoria |
190 |
592,097 |
526,500 |
190
|
589,361 |
518,500 |
238 |
595,836 |
539,750 |
|
Single Family Other Areas |
21 |
437,595 |
425,000 |
26 |
639,962 |
517,202 |
22 |
533,235 |
407,000 |
|
Total* Single Family All areas |
211 |
576,720 |
506,000 |
216 |
595,452 |
517,500 |
260 |
590,539 |
530,000 |
|
Condos |
92 |
274,072 |
255,000 |
127 |
320,304 |
263,450 |
145 |
307,329 |
277,000 |
|
Town-homes |
35 |
387,769 |
382,450 |
46 |
391,291 |
378,500 |
52 |
428,040 |
374,500 |
|
Manufactured*Homes |
6 |
-122,417 |
127,850 |
11 |
135,036 |
148,000 |
10 |
152,450 |
160,000 |
|
TOTAL RESIDENTIAL |
344 |
400
|
461 |
||||||
|
TOTAL SALES |
373 |
419 |
483 |
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|
TOTAL ACTIVE LISTINGS |
4,876 |
5,025 |
4,687 |
* Negative result reflects a collapsed sale of $1,545,000 reported as complete in Sept. 2012.
October 2012, MLS® Real Estate Sales and Six-Month Average Prices over September 2012
Number of Sales (Gr. Victoria only) October 2012 COMPARED TO SEPTEMBER 2012
|
|
|
|
| SINGLE FAMILY | CONDOS | TOWNHOMES |
| 190 | 92 | 32 |
| 0.00% | -27.56% | -23.81% |
![image004[20]](http://www.pay-lessrealty.com/wp-content/uploads/2012/11/image00420.png "image004[20]")
![image006[32]](http://www.pay-lessrealty.com/wp-content/uploads/2012/11/image00632.png "image006[32]"){kind=small}
![image006[33]](http://www.pay-lessrealty.com/wp-content/uploads/2012/11/image00633.png "image006[33]"){kind=small}
|
Six-Month Average Price (Gr. Victoria only) October 2012 COMPARED TO SEPTEMBER 2012 |
|
|
|
|
| SINGLE FAMILY | CONDOS | TOWNHOMES |
| $596,671 | $314,370 | $413,451 |
| -0.46% | -2.29% | -0.82% |
![image006[32]](http://www.pay-lessrealty.com/wp-content/uploads/2012/11/image006321.png "image006[32]"){kind=small}
![image006[32]](http://www.pay-lessrealty.com/wp-content/uploads/2012/11/image006322.png "image006[32]"){kind=small}
|
Number of Sales (All Areas) September2012 COMPARED TO AUGUST2012 |
|
|
|
|
| SINGLE FAMILY | CONDOS | TOWNHOMES |
| 211 | 92 | 35 |
| -2.31% | -27.56% | -23.91% |
![image006[32]](http://www.pay-lessrealty.com/wp-content/uploads/2012/11/image006323.png "image006[32]"){kind=small}
|
Six-Month Average Price (All Areas) September2012 COMPARED TO AUGUST2012 |
|
|
|
|
|
SINGLE FAMILY |
CONDOS |
TOWNHOMES |
|
$591,580 |
$313,989 |
$408,559 |
|
-0.94% |
-2.12% |
-1.39% |
![image006[32]](http://www.pay-lessrealty.com/wp-content/uploads/2012/11/image006324.png "image006[32]"){kind=small}
*Total Single Family All Areas includes Shawnigan Lake/Malahat, Gulf Islands and Up Island
While the use of average price information can be useful in establishing trends when applied over a period of time, e.g. six months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact Peter Pfann, Real Estate Agent @ Fair Realty Victoria BC Since 1986.
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