victoria core DETACHED -OCTOBER 2 0 2 3
MONTHS OF INVENTORY 6.3 BALANCEDMARKET
▶ MARKETSUMMARY Therewere442 detached listingsin theVictoriaCorein O ctober,2% below Septem berand 37% higherthan October2022. O ctoberdetached hom esalesdecreased by 36% m onth-over-m onth,to 70,and were41% below O ctober 2022. Them onthsofinventory fordetached in theVictoria Core,at6.3,reflected abalanced m arket. Thedetachedm edian pricein Octoberwas$1,200,000,a 8% decreasefrom Septem berand 1.5% aboveO ctober 2022. Theaveragesold pricewas$1,429,201,9% below last m onth and up 5% toOctober2022.
AVERAGEPRICE
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 5% VS 2022
▲ 1.5% VS 2022
▲ 37% VS 2022
▼ 41% VS 2022
THISMONTH No. $1,429,201 $1,200,000 6.3 70 442
PREVIOUSMONTH No.
PREVIOUSYEAR
No. 118 323
% Change
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE
5% 1.5% 131% -41% 37%
109 453
-9% -8% 52% -36% -2%
$1,569,635 $1,299,000 4.2
$1,367,539 $1,182,500 274%
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
26
442
398
453
23
400
22
310
297
354
323
314
282
258
233
219
161
144
139
109
151
18
12 102
70
94
73
58 52
$1.25M $1.25M $1.30M $1.27M $1.25M $1.34M $1.30M $1.17M $1.21M
$1.20M
$1.18M
$1.12M $1.10M
Oct-22
Sep-23 Oct-23
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET < 5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY ● MONTHSOFINVENTORY
80
70
24+
60
50
15.0
40
13.0
12.0
30
10.0
7.4
20
4.7
3.3
10
2.9
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+ 4 60 15.0
MOI INVENTORY SALES
0 1 n/a
1 10 10.0
18 53 2.9
20 66 3.3
10 74 7.4
5 65 13.0
7 33 4.7
4 48 12.0
1 32 32.0
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