highlights • O n am onth-over-m onth basis,G reaterV ictoriarecorded adeclinein m edian sold prices,by 3% (averaged acros hom etypes).Them edian sold priceforeach hom etypefel:fordetached hom es by5%,fortownhom esby0.3%,and forcondosby3.2%. • O n ayear-over-yearbasis,m edian sold priceswerehigherby2% ,on average,acros types.In O ctober,them edian sold pricewashigherfordetached hom esby7% and fortownhom esby1%, whilethem edian sold priceforcondoswas1.0% lower. •
GREATERVICTORIA THERENNIEADVANCE median prices
OCTOBER 2023
$1,400,000
G reaterV ictoria
$1,200,000
$1,145,000
$1,000,000
$800,000
$600,000
+ 7% vsOct2022
DETACHED median salesprice
$400,000
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0 $200,000
● October
$1,000,000
G reaterV ictoria
$800,000
$772,500
$600,000
+ 1% vsOct2022
$400,000
TOWNHOME median salesprice
$200,000
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
● October
$600,000
G reaterV ictoria
$540,000
$500,000
$400,000
$300,000
- 1% vsOct2022
$200,000
CONDO median salesprice
$100,000
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
● October
Copyright© Novem ber2,2023ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofNovem ber2,2023.Aldatafrom theVictoria RealEstateBoard & Rennie.W hiletheinform ationand datacontained hereinhasbe nobtained from sourcesde m ed reliable,ac uracycannotbeguarante d.ren iegroup ofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ation shouldtakestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom aren ieand as ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
●
6
Made with FlippingBook - professional solution for displaying marketing and sales documents online