Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in January 2018.
In January 2018, there were 175 sales of single family homes and 429 active listings in the Greater Victoria. The benchmark sale price was $702,200 with an average days on market of 42. The hottest market for sales was Langford with 32 sales. There were also 12 sales and 90 active listings at the end of the month for waterfront homes.
In comparison, the Condo market had 118 sales, 229 active listings at the end of the month. The benchmark sale price was $450,600 with an average days on market of 23. The hottest market for sales was Victoria, 43 sales.
Townhome sales were 62, active listings were 94 and the benchmark sale price was $567,400. The average days on market were 46, and the hottest market was Langford with 17 sales.
It’s a seller’s market in Victoria.