Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in November 2017.
In November 2017, there were 277 sales of single family homes and 566 active listings in the Greater Victoria. The benchmark sale price was $693,200 with an average days on market of 31. The hottest market for sales was Langford with 61 sales. There were also 16 sales and 111 active listings at the end of the month for waterfront homes.
In comparison, the Condo market had 220 sales, 266 active listings at the end of the month. The benchmark sale price was $437,600 with an average days on market of 28. The hottest market for sales was Victoria, 81 sales.
Townhome sales were 52, active listings were 106 and the benchmark sale price was $561,200. The average days on market were 26, and the hottest market was Victoria with 10 sales.
It’s a seller’s market in Victoria.