highlights • N ew M LS listingsof1,077weredown 19% m onth-over-m onth,which wasalitlem orethan the typical15% Septem ber-to-O ctoberdecrease.Stil,new listingsw erew el abovetypicalseason levelsand thiswasthethird-m ostforthem onth ofO ctoberin thepast24 years(onlyO ctober 2008 and 2020 werehigherat1,111 and 1,084 new listings,respectively). • N ew listingswere21% higherthan theprior10-yearO ctoberaverage(of892).N ew condo listings werethefurthestaboveaverage(+42%,to407),folowed bytownhom es(+30%,to130)and detached hom es(+8%,to483). • N ew listingswereup 9% on ayear-over-yearbasiswith new townhom elistingsup 18% versusa 16% increaseforcondosand a5% increasefordetached hom es.
GREATERVICTORIA THERENNIEADVANCE new listings
OCTOBER 2024
1,000
+ 5% vsOct2023
800
600
446 10 yrOctAvg
400
483
DETACHED new listings
200
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 8% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
+ 18% vsOct2023
250
200
150
100 10 yrOctAvg
130
100
TOWNHOME new listings
50
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 30% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
600
+ 16% vsOct2023
500
400
407
300
287 10 yrOctAvg
200
CONDO new listings
100
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0
+ 42% vs10yrOctAvg
﹍ 10 yrO ctoberAverage
● October
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