victoria core CONDO -OCTOBER 2 0 2 3
MONTHS OF INVENTORY 4.6 SELLERS'M ARKET
▶ MARKETSUMMARY Therewere496 condolistingsin theVictoriaCorein O ctober,10% aboveSeptem berand 31% higherthan October2022. O ctobercondosalesdecreased by8% m onth-over-m onth, to107,and were8% below October2022.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 8% VS 2022
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 4% VS 2022
▲ 1.8% VS 2022
▲ 31% VS 2022
▼ 8% VS 2022
THISMONTH No.
PREVIOUSMONTH
PREVIOUSYEAR
No. 116 379
% Change
No. 116 450
% Change
Them onthsofinventory forcondosin theVictoriaCore, at4.6,reflected aselers'm arket.
TOTALLISTINGS TOTALSALES MONTHSOFINVENTORY MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
107 496
8% 4% 1.8% 42% -8% 31%
4% -5% -2% 19% -8% 10%
Thecondom edian pricein Octoberwas$549,000,a2% decreasefrom Septem berand 1.8% aboveO ctober2022. Theaveragesold pricewas$647,194,5% below last m onth;theaveragePSF salepricewas$744,up 4% to lastm onth.
$744 $647,194 $549,000 4.6
$689 $620,328 $539,500 327%
$713 $682,955 $562,500 3.9
▶ MEDIAN DAYSON MARKET
▶ RECENTTRENDS
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
31
496
450
365
379
349
344
342
315
370
24
344
338
31
287
195 197
157
19
129
16
95
155
148
16
107
12
70
69
$565K $543K $550K $553K $569K $545K $563K $549K
$540K $560K
$520K $545K
$503K
Oct-22
Sep-23 Oct-23
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET <5
BALANCED 5 - 8
BUYERS'MARKET 8+
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● MONTHSOFINV.
8.2
4+ bdrms
1
150
7.0
2
4.8
3 bdrms
100
4.7
13
3.2 3.3
58
2.0
50
2 bdrms
269
0
47
<$200K $200-$399K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M + MOI INVENTORY SALES 1 2 2.0 14 45 3.2 55 180 3.3 18 147 8.2 10 47 4.7 4 28 7.0 0 23 n/a 5 24 4.8
<2 bdrms
213
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