Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in December 2017.
In December 2017, there were 202 sales of single family homes and 403 active listings in the Greater Victoria. The benchmark sale price was $692,800 with an average days on market of 37. The hottest market for sales was Langford with 35 sales. There were also 9 sales and 87 active listings at the end of the month for waterfront homes.
In comparison, the Condo market had 136 sales, 206 active listings at the end of the month. The benchmark sale price was $445,000 with an average days on market of 27. The hottest market for sales was Victoria, 62 sales.
Townhome sales were 41, active listings were 98 and the benchmark sale price was $565,400. The average days on market were 34, and the hottest market was Langford with 13 sales.
It’s a seller’s market in Victoria.