esquimalt DETACHED -OCTOBER 2 0 2 3
MONTHS OF INVENTORY 3.1 SELLERS'M ARKET
▶ MARKETSUMMARY Therew ere 22 detached listingsin Esquim altin O ctober, 15% below Septem berand 57% higherthan O ctober 2022. O ctoberdetached hom esalesincreased by 75% m onth-over-m onth,to 7,and were30% below O ctober 2022. Them onthsofinventory fordetached in Esquim alt,at 3.1,reflected aselers'm arket. Thedetachedm edian pricein Octoberwas$980,000,a 24% decreasefrom Septem berand 2% below O ctober 2022. Theaveragesold pricewas$1,027,163,17% below last m onth and up 9% toOctober2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 9% VS 2022
▼ 2% VS 2022
▲ 57% VS 2022
▼ 30% VS 2022
THISMONTH No. $1,027,163 $980,000 3.1 7 22
PREVIOUSMONTH No.
PREVIOUSYEAR
No.
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
10 14
124% -30% 57%
$1,243,200 $1,283,900 6.5 4 26
-17% -24% -52% 75% -15%
$944,840 $1,004,950 140%
9% -2%
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
32
26
23
28
22
17
20
16
14
12
15
1 1
10
10
20
8
7
7
10
9
7
7
6
6
4
4
3
3
$1.28M
$1.22M
$1.20M
$1.11M $1.17M
$1.00M $980K
$983K $1.03M
$992K
$980K
$922K
$815K
Oct-22
Sep-23 Oct-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET < 5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY ● MONTHSOFINVENTORY
5
4.0
4
3
1.7
1.3
2
1
0
<$600K
$600-799K
$800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.74M $1.75M -1.99M $2.0M -2.49M $2.5M -2.99M
$3M+
MOI INVENTORY SALES
1 4 4.0
3 4 1.3
3 5 1.7
0 3 n/a
0 3 n/a
0 1 n/a
0 2 n/a
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