Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in March 2019.
In March 2019, there were 278 sales of single family homes and 836 active listings in Greater Victoria. The benchmark sale price was $741,000 with an average days on market of 41. The hottest market for sales was Saanich East with 59 sales. There were also 12 sales and 117 active listings at the end of the month for waterfront homes.
In comparison, the Condo market had 196 sales and 505 active listings at the end of the month. The benchmark sale price was $497,100 with an average days on market of 36. The hottest market for sales was Victoria, 72 sales.
Townhome sales were 76, active listings were 205 and the benchmark sale price was $598,000. The average days on market were 37, and the hottest market was Langford with 14 sales.
It’s a seller’s market in Greater Victoria.