Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – April 2018

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in April 2018.

Greater Victoria

In April 2018, there were 348 sales of single family homes and 654 active listings in the Greater Victoria. The benchmark sale price was $732,600 with an average days on market of 24. The hottest markets for sales were Saanich East and Sooke with 69 and 50 sales respectively. There were also 28 sales and 47 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 225 sales, 377 active listings at the end of the month.  The benchmark sale price was $485,000 with an average days on market of 21. The hottest market for sales was Victoria, 89 sales.

Townhome sales were 74, active listings were 119 and the benchmark sale price was $575,600. The average days on market were 32, and the hottest market was Langford with 22 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_April2018_Victoria

[Read more…]