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Weekly Home Sales Update
October 28th - November 4th
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): 1875
Total # of Residential Listings
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October Market Statistics
A total of 619 properties sold in the Victoria Real Estate Board region this October, 3.5 per cent more than the 598 properties sold in October 2018 and a 0.5 per cent increase from September 2019. Sales of condominiums were down 1.1 per cent from October 2018 with 178 units sold. Sales of single family homes increased 10 per cent from October 2018 with 318 sold.
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in October 2018 was $878,900. The benchmark value for the same home in October 2019 decreased by 2.4 per cent to $857,700, slightly more than September's value of $846,500. The MLS® HPI benchmark value for a condominium in the Victoria Core area in October 2018 was $503,200, while the benchmark value for the same condominium in October 2019 increased by 1.7 per cent to $511,600, the same as September's value.