Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in April 2017.
In April 2017, there were 382 sales of single family homes and 509 active listings in the Greater Victoria. The benchmark sale price was $663,500 with an average days on market of 21. The hottest market for sales was Langford with 69 sales. There were also 26 sales and 131 active listings at the end of the month for waterfront homes.
In comparison, the Condo market had 287 sales, 291 active listings at the end of the month. The benchmark sale price was $408,600 with an average days on market of 20. The hottest market for sales was Victoria, 109 sales.
Townhome sales were 82, active listings were 74 and the benchmark sale price was $529,200. The average days on market were 23, and the hottest market was Langford with 15 sales each.
It’s a seller’s market in Victoria.