highlights • Strongnew listingsactivityhelped push activeM LS listings15% higherm onth-over-m onth, alm ostthreetim esm orethan thetypical6% D ecem ber-to-January increase.A t1,753,thisw asthe m ostavailableinventoryforthem onth ofJanuarysince2016 (1,755 listings). • Totalinventorywasup 10% from January2024,with al hom etypesseeingm oreactivelistings than thesam em onth lastyear.Activecondo listingswereup them ostyear-over-year(+22% ,to 654),folowed bytownhom elistings(+5%,to184)and detached hom elistings(+3%,to797). • Activelistingsrem ained wel abovetypicalJanuarylevelsat28% higherthan thepast10-year averageof1,372.Condoinventorywasthefurthestaboveaverage(+63%),folowed by townhom es(+32%)and detached hom es(+9%).
GREATERVICTORIA THERENNIEADVANCE inventory
JANUARY2025
2,500
+ 3% vsJan 2024
2,000
1,500
729 10 yr Jan Avg
1,000
DETACHED inventory
797
500
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 9% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
600
+ 5% vsJan 2024
500
400
300
140 10 yr Jan Avg
200
TOWNHOME inventory
184
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 32% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
1,000
+ 22% vsJan 2024
800
600
654
401 10 yr Jan Avg
400
CONDO inventory
200
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 63% vs10yrJan Avg
﹍ 10 yrJanuaryAverage
● January
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