highlights • Therewere629 M LS salesin G reaterVictoriain O ctober,a13% m onth-over-m onth increasethat w asquiteacontrastto typicaly flatsalesthistim eofyear.N otably,thisw asthelargest Septem ber-to-O ctoberincreasein ourdataset,which goesback 24 yearsto January2000. • Salesw ereup 61% relativeto O ctober2023 (391 sales),thelargestyear-over-yearincreaseofany m onth sinceM ay2021.Townhom essalessaw thelargestyear-over-yearincrease(+91%,to 82), folowed bydetached hom es(+67%,to308)and condos(+36%,to192). • Totalsaleswerejust0.6% below theirprior10-yearO ctoberaverage(of633),theclosesttheyhave been toaveragesinceApril2022.Townhom esaleswere8% aboveaverage,whilecondoand detached salesw ereboth below average,by 0.5% and 5% ,respectively.
GREATERVICTORIA THERENNIEADVANCE sales
OCTOBER 2024
800
+ 67% vsOct2023
700
600
500
400
325 10 yrOctAvg
300
308
200
DETACHED sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100
- 5% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
+ 91% vsOct2023
200
150
76 10 yrOctAvg
100
82
TOWNHOME sales
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 8% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
+ 36% vsOct2023
100 150 200 250 300 350 400
193 10 yrOctAvg
192
CONDO sales
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50
- 0.5% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
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