Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in February 2018.
In February 2018, there were 226 sales of single family homes and 455 active listings in the Greater Victoria. The benchmark sale price was $710,500 with an average days on market of 36. The hottest market for sales was Langford with 46 sales. There were also 3 sales and 98 active listings at the end of the month for waterfront homes.
In comparison, the Condo market had 174 sales, 243 active listings at the end of the month. The benchmark sale price was $463,100 with an average days on market of 24. The hottest market for sales was Victoria, 64 sales.
Townhome sales were 77, active listings were 95 and the benchmark sale price was $557,200. The average days on market were 29, and the hottest market was Langford with 21 sales.
It’s a seller’s market in Victoria.