highlights • Them edian sold priceincreased 6% (averaged acros hom etypes)m onth-over-m onth in G reater Victoria.Them edian sold priceincreased fordetached hom esand townhom es(by9% and 10%, respectively),whilefaling by3% forcondos. • Com pared to lastyear,m edian sold pricesweredown by0.2% on average,acros types.The m edian sold pricewashigher,on ayear-over-yearbasis,fordetached hom esand townhom es(by 0.9% and 2%,respectively),whilebeing3% lowerforcondos. •
GREATERVICTORIA THERENNIEADVANCE median prices
FEBRUARY 2024
$1,400,000
G reaterV ictoria
$1,200,000
$1,160,000
$1,000,000
$800,000
$600,000
+ 1% vsFeb2023
DETACHED median salesprice
$400,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0 $200,000
● February
$1,000,000
G reaterV ictoria
$800,000
$815,000
$600,000
+ 2% vsFeb2023
$400,000
TOWNHOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● February
$600,000
G reaterV ictoria
$500,000
$530,000
$400,000
$300,000
- 3% vsFeb2023
$200,000
CONDO median salesprice
$100,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● February
Copyright© March1,2024renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofMarch1,2024.Aldatafrom theVictoriaRealEstate Board& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociates advisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
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