saanich east CONDO -OCTOBER 2 0 2 3
MONTHS OF INVENTORY 3.1 SELLERS'M ARKET
▶ MARKETSUMMARY Therewere69 condolistingsin Sa nich Eastin O ctober, 11% aboveSeptem berand 38% higherthan O ctober 2022. O ctobercondosalesincreased by16% m onth-over-m onth,to22,and were22% aboveO ctober 2022. Them onthsofinventory forcondosin Saanich East,at 3.1,reflected aselers'm arket. Thecondom edian pricein Octoberwas$552,500,a3% increasefrom Septem berand 11% aboveO ctober2022. Theaveragesold pricewas$543,173,35% below last m onth;theaveragePSF salepricewas$764,up 20% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 53% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 14% VS 2022
▲ 11% VS 2022
▲ 38% VS 2022
▲ 22% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change 53% 14% 11% 13% 22% 38%
No.
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
22 69
18 50
19 62
20% -35% 3% -4% 16% 11%
$764 $543,173 $552,500 3.1
$500 $474,644 $499,950 278%
$636 $834,321 $538,000 3.3
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
26
69
62
51
50
46
50
52
38 38
44
44
35
42
27
33
16
32
31
19
22
16
18
22
12
16
12
13
7
$545K $528K $563K $545K $538K $553K
$523K $533K
$514K $492K
$500K $527K
$480K
Oct-22
Sep-23 Oct-23
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET <5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● MONTHSOFINV.
20
9.0
4+ bdrms
15
3 bdrms
4.8
2
10
13
2 bdrms
5
1.3
49
0
9
<$200K $200-$399K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M + MOI INVENTORY SALES 0 10 n/a 17 22 1.3 4 19 4.8 1 9 9.0 0 1 n/a 0 3 n/a 0 5 n/a
<2 bdrms
18
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