highlights • Them edian sold pricein G reaterV ictoriadecreased by 0.6% (averaged acros hom etypes) between M ayand June.Them edian sold pricefordetached hom eswasup 3% m onth-over-m onth (to$1.2m ilion),townhom em edian pricesfel5% (to$750k),and condom edian priceswereup 0.5% (to$549k). • Com pared to lastyear,m edian sold pricesweredown by2% (averaged acros hom etypes)with townhom esseeingthebiggestdeclineat6% and m edian condopricesfaling1.8%.In contrast, detached hom em edian priceswereup 1.3%. •
GREATERVICTORIA THERENNIEADVANCE median prices
JUNE 2024
$1,400,000
G reaterV ictoria
$1,200,000
$1,200,000
$1,000,000
$800,000
$600,000
+ 1.3% vsJun 2023
DETACHED median salesprice
$400,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0 $200,000
● June
$1,000,000
G reaterV ictoria
$800,000
$750,000
$600,000
- 6.3% vsJun 2023
$400,000
TOWNHOME median salesprice
$200,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● June
$600,000
G reaterV ictoria
$549,900
$500,000
$400,000
$300,000
- 1.8% vsJun 2023
$200,000
CONDO median salesprice
$100,000
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 $0
● June
Copyright© July3,2024ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofJuly3,2024.Aldatafrom theVictoriaRealEstate Board& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshould takestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociates advisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.
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