victoria TOWNHOME-OCTOBER 2 0 2 3
MONTHS OF INVENTORY 3.7 SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 11% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▼ 4% VS 2022
▲ 6% VS 2022
▲ 52% VS 2022
▲ 9% VS 2022
Therewere44 townhom elistingsin Victoriain O ctober, 2% below Septem berand 52% higherthan October2022. O ctobertownhom esalesdecreased by8% m onth-over-m onth,to 12,and were9% aboveO ctober 2022. Them onthsofinventory fortownhom esin Victoria,at 3.7,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$914,500,a 28% increasefrom Septem berand 6% aboveO ctober 2022. Theaveragesold pricewas$969,938,13% abovelast m onth;theaveragePSF salepricewas$556,down 15% tolastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
12 44
11 29
-11% -4% 6% 39% 9% 52%
13 45
-8% -2%
$556 $969,938 $914,500 3.7
$625 $1,012,318 $859,000 264%
$651 $862,087 $714,800 3.5
-15% 13% 28% 6%
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
55
42
44
40
45
39
37
28
32
29
23
21
26
19
18
35
32
13
13
18
12
12
14
1
9
9
7
6
5
$990K
$950K $960K
$945K $905K
$915K
$890K
$867K $825K
$859K
$798K
$755K
$715K
Oct-22
Sep-23 Oct-23
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET < 5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● MONTHSOFINV.
16
4
14
15.0
4+ bdrms
20
12
10
7
3 bdrms
8
14
6
1
4.0
4
2 bdrms
3.0
2.5
9
1.7
2
0.5
0
<2 bdrms
<$600K $600K-699K $700K-799K $800K-899K $900K-999K $1.0M-1.24M $1.25M-1.49M $1.5M + MOI INVENTORY SALES 0 1 n/a 2 6 3.0 2 5 2.5 2 1 0.5 2 8 4.0 3 5 1.7 0 3 n/a 1 15 15.0
1
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