Victoria Real Estate Trends From April 2018

47

More inventory but fewer sales for April in the Victoria Real Estate Board Region.

18.5+

Increase in the number of MLS active listings from April 2017 (1,690 listings) to April 2018 (2,002  listings).


-12.5%

Decrease in the number of properties sold in April 2018 (774 sold) versus April 2017 (885 sold).


+9%

Increase in the benchmark value of a single-family home in Victoria’s core, from $800,100 in April 2017 to $886,700 in April 2018.


+19%

Increase in the benchmark value of a condo in Victoria’s core, from $495,100 in 2017 to over $500,00 in 2018.

Source: Victoria Real Estate Board

 

This article is from the June/July 2018 issue of Douglas.