highlights • O n am onth-over-m onth basis,G reaterV ictoriarecorded adecreasein m edian sold pricesof7% (averaged acros hom etypes).Them edian sold pricefel forboth detached hom es(by6%)and townhom es(by17%),butroseforcondos(by1.0%). • O n ayear-over-yearbasis,m edian sold pricesw ereflat,on average,acros types.In D ecem ber, them edian sold pricewashigherfordetached hom esby3% and forcondosby4%,whilethe m edian sold pricefortownhom eswas7% lower. •
GREATERVICTORIA THERENNIEADVANCE median prices
DECEMBER 2023
$1,400,000
G reaterV ictoria
$1,200,000
$1,000,000
$1,085,000
$800,000
$600,000
+ 3% vsD ec2022
DETACHED median salesprice
$400,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0 $200,000
● December
$1,000,000
G reaterV ictoria
$800,000
$694,405
$600,000
- 7% vsD ec2022
$400,000
TOWNHOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
● December
$600,000
G reaterV ictoria
$500,000
$525,000
$400,000
$300,000
+ 4% vsD ec2022
$200,000
CONDO median salesprice
$100,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 $0
● December
Copyright© January2,2024renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftheren iegroupofcom panies.CurentasofJanuary2,2024.Aldatafrom theVictoriaReal EstateBoard& Ren ie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.ren iegroupofcom 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