highlights • Them edian sold priceincreased 0.7% (averaged acros hom etypes)m onth-over-m onth in G reater Victoria.Them edian sold priceincreased fortownhom esand condos(by0.1% and 3%, respectively),w hilefaling by 0.9% fordetached hom es. • Com pared to lastyear,m edian sold priceswereup by3% on average,acros types.Them edian sold pricewashigher,on ayear-over-yearbasis,fordetached hom esand townhom es(by6% for both hom etypes),and fel by4% forcondos. •
GREATERVICTORIA THERENNIEADVANCE median prices
MARCH 2024
$1,400,000
G reaterV ictoria
$1,200,000
$1,140,000
$1,000,000
$800,000
$600,000
+ 6% vsM ar2023
DETACHED median salesprice
$400,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0 $200,000
● March
$1,000,000
G reaterV ictoria
$800,000
$790,000
$600,000
+ 6% vsM ar2023
$400,000
TOWNHOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● March
$600,000
G reaterV ictoria
$545,000
$500,000
$400,000
$300,000
- 4% vsM ar2023
$200,000
CONDO median salesprice
$100,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● March
Copyright© April2,2024renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofApril2,2024.Aldatafrom theVictoriaRealEstate Board& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociates advisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
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