Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum and Nanaimo listings and sales in February 2017.
In February 2017, there were 283 sales of single family homes and 396 active listings in the Greater Victoria. The benchmark sale price was $642,300 with an average days on market of 34. The hottest market for sales was Langford with 66 sales. There were also 22 sales and 114 active listings at the end of the month for waterfront homes.
In comparison, the Condo market had 206 sales, 229 active listings at the end of the month. The benchmark sale price was $386,200 with an average days on market of 24. The hottest market for sales was Victoria, 98 sales.
Townhome sales were 71, active listings were 64 and the benchmark sale price was $515,600. The average days on market were 30, and the hottest market was Langford with 15 sales.
It’s a seller’s market in Victoria.