north saanich DETACHED -OCTOBER 2 0 2 3
MONTHS OF INVENTORY 8.7 BUYERS'M ARKET
▶ MARKETSUMMARY Therew ere 61 detached listingsin N orth Saanich in O ctober,9% aboveSeptem berand 36% higherthan October2022. O ctoberdetached hom esalesdecreased by 46% m onth-over-m onth,to 7,and were thesam ein O ctober 2022. Them onthsofinventory fordetached in N orth Saanich, at8.7,reflected abuyers'm arket. Thedetachedm edian pricein Octoberwas$1,475,000,a 4% increasefrom Septem berand 18% aboveO ctober 2022. Theaveragesold pricewas$1,921,043,25% abovelast m onth and up 3% toOctober2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 3% VS 2022
▲ 18% VS 2022
▲ 36% VS 2022
0.0% VS 2022
THISMONTH No. $1,921,043 $1,475,000 8.7 7 61
PREVIOUSMONTH No.
PREVIOUSYEAR
No.
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
$1,868,571 $1,250,000 643% 7 45
3% 18% 36% 0% 36%
13 56
102% -46% 9%
$1,541,308 $1,415,000 4.3
25% 4%
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
25
61
56
61
23
56 56
56
21
45
38
33
38
31 31 16
25
17
15
13
13
13
5
1 1
1
7
7
9
$1.75M
$1.65M
$1.63M $1.65M $1.65M
$1.49M
$1.49M $1.59M
$1.40M
$1.42M $1.48M
$1.25M
$1.25M
Oct-22
Sep-23 Oct-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET < 5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY ● MONTHSOFINVENTORY
14
14.0
12
10
8
7.0
6
5.0
4.5
4
2.5
2
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+ 1 14 14.0
MOI INVENTORY SALES
0 2 n/a
2 5 2.5
2 9 4.5
0 7 n/a
1 5 5.0
0 12 n/a
1 7 7.0
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