Your Real Estate
Weekly Home Sales Update
March 24th - March 31st
Including Victoria Core area ( Victoria, Victoria West, Oak Bay, Esquimalt, View Royal, Saanich East, Saanich West ); Westshore ( Colwood, Langford, Metchosin, Sooke, Highlands ) and the Saanich Peninsula ( North Saanich, Sidney, Central Saanich ).
(Single Family homes, condos, townhomes, duplexes): 1484
Total # of Residential Listings
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February Market Statistics
A total of 563 properties sold in the Victoria Real Estate Board region this February, 33.7 per cent more than the 421 properties sold in February 2019 and 37 per cent more than in January 2020. Sales of condominiums were up 35.7 per cent from February 2019 with 175 units sold. Sales of single family homes increased 23.7 per cent from January 2020 with 271 sold.
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in February 2019 was $838,800. The benchmark value for the same home in February 2020 increased by 3.5 per cent to $868,100, 1.1 per cent more than January's value of $858,500. The MLS® HPI benchmark value for a condominium in the Victoria Core area in February 2019 was $503,600 while the benchmark value for the same condominium in February 2020 increased by 4.7 per cent to $527,400, 1.2 per cent more than the January value of $521,000.