victoria core TOWNHOME-OCTOBER 2 0 2 3
MONTHS OF INVENTORY 4.0 SELLERS'M ARKET
▶ MARKETSUMMARY
AVERAGEPRICE
AVERAGE PSF PRICE ▼ 7% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 6% VS 2022
▲ 5% VS 2022
▲ 22% VS 2022
▼ 31% VS 2022
Therewere107 townhom elistingsin theVictoriaCorein O ctober,3% aboveSeptem berand 22% higherthan October2022. O ctobertownhom esalesdecreased by25% m onth-over-m onth,to 27,and were31% below O ctober 2022. Them onthsofinventory fortownhom esin theVictoria Core,at4.0,reflected aselers'm arket. Thetownhom em edian pricein Octoberwas$863,000,a 3% increasefrom Septem berand 5% aboveO ctober 2022. Theaveragesold pricewas$961,906,5% abovelast m onth;theaveragePSF salepricewas$520,down 12% tolastm onth.
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No.
% Change
No.
% Change
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$520 $961,906 $863,000 4.0 27 107
39 88
-7% 6% 5% 76% -31% 22%
$589 $913,640 $834,950 2.9 36 104
-12% 5% 3% 37% -25% 3%
$559 $905,751 $820,000 226%
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
30
102
107
97
28
104
27
88
93
77
90
68
77
61
59
59
39
36
46
32
45
42
40
38
27
32
28
21
16
$890K $835K
$864K $844K $857K $850K
$820K $785K $765K
$822K $864K $835K $863K
Oct-22
Sep-23 Oct-23
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET < 5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● MONTHSOFINV.
7
20
9.0
4+ bdrms
31
7.3
15
6.0
15
3 bdrms
51
4.0
10
3.6
2.8
2.8
5
2.0
2 bdrms
5
24
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 1 4 4.0 4 8 2.0 6 17 2.8 5 18 3.6 3 18 6.0 4 11 2.8 1 9 9.0 3 22 7.3
1
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