Your Real Estate
Weekly Home Sales Update
April 20th - April 26th
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): 1566
Total # of Residential Listings
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March Market Statistics
A total of 608 properties sold in the Victoria Real Estate Board region this March, five per cent fewer than the 640 properties sold in March 2019 but eight per cent more than the previous month of February 2020. Sales of condominiums were down 9.2 per cent from March 2019 with 178 units sold. Sales of single family homes decreased 5.3 per cent from March 2019 with 305 sold.
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in March 2019 was $836,100. The benchmark value for the same home in March 2020 increased by five per cent to $877,700, 1.1 per cent more than February’s value of $868,100. The MLS® HPI benchmark value for a condominium in the Victoria Core area in March 2019 was $507,700 while the benchmark value for the same condominium in March 2020 increased by 4.8 per cent to $531,900, 0.9 per cent more than the February value of $527,400.