This market report covers pre-owned residential condo properties within the core area of Victoria, including Victoria, Oak Bay, Esquimalt, View Royal, and Saanich.
Chart 1 collects 12 month cumulative listings and sales for the past two years: one year ago annual listings totaled 2,112, and to the end of January 2009 were up by a small margin to about 2,304. Annual sales on the other hand continued to travel in the opposite direction: the recent total was 1,157, while the figure for one year earlier was 1,623.
Chart 2 compares the most recent three month totals with the corresponding figures for the previous two years. Only minor changes are noted from these totals compared with those reported in December.
Read on for the complete report on Victoria BC Residential Condominium Sales Activity for January 2009
Bye for now,