president directors president elect david ......victoria real estate board 3035 nanaimo street...
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VICTORIA REAL ESTATE BOARD 3035 Nanaimo Street Victoria, BC V8T 4W2
T 250.385.7766 F 250.385.8773 www.vreb.org www.openhousesvictoria.ca
October 1, 2020
Consumer interest in homeownership in Victoria unwavering over course of pandemic A total of 989 properties sold in the Victoria Real Estate Board region this September, 60.6 per cent more than the 616 properties sold in September 2019 and 1 per cent more than the previous month of August 2020. Sales of condominiums were up 26.7 per cent from September 2019 with 280 units sold. Sales of single family homes were 91.9 per cent from September 2019 with 539 sold.
“Another month has passed where we have seen surprisingly high sales numbers – which included quite a few higher end properties,” says Victoria Real Estate Board President Sandi-Jo Ayers. “I don’t think that anyone who was trying to predict market outcomes in our area over the course of the pandemic expected that the pent up demand from dampened sales in April and May would result in this level of market activity. There’s no doubt that buyers are extremely motivated and this increased demand, coupled with limited inventory, fueled the September market.”
There were 2,389 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of September 2020, 15.4 per cent fewer properties than the total available at the end of September 2019 and a 7.5 per cent decrease from the 2,584 active listings for sale at the end of August 2020.
“We had some much-needed new inventory enter the market over the course of September,” adds Ayers. ”But the supply has not been sufficient to outstrip the heightened demand. We continue to see multiple offers and pressure on pricing across many neighbourhoods. Looking forward, it is impossible to determine what our fall market will look like, but if the past couple of months are an indication, we may see higher seasonal numbers than we would have expected in a more predictable year. That said, since our situation can change in a blink, we cannot look at the past months as the start of a trend, but instead as a moment in our market during an unpredictable time.”
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in September 2019 was $849,100. The benchmark value for the same home in September 2020 increased by 3.5 per cent to $879,200, 1.1 per cent less than August’s value of $889,200. The MLS® HPI benchmark value for a condominium in the Victoria Core in September 2019 was $512,500, while the benchmark value for the same condominium in September 2020 decreased by 0.4 per cent to $510,600, 0.6 per cent less than the August value of $513.900.
About the Victoria Real Estate Board – Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards and innovative programs to enhance the professionalism of REALTORS®. The Victoria Real Estate Board represents 1,376 local Realtors. If you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area housing market.
PRESIDENT Sandi-Jo Ayers PRESIDENT ELECT David Langlois TREASURER Karen Dinnie-Smyth PAST PRESIDENT Cheryl Woolley
DIRECTORS Sheila Aujla Robert Cole Jackie Ngai Graden Sol Patrick Novotny EXECUTIVE OFFICER David Corey
Sales by Property Type
Single Family Greater Victoria Single Family Other Areas Single Family Total All Areas Condo Apartment Row/Townhouse Manufactured Home Total Residential Total Sales
Active Listings
Units Median$Average$LY%LM% LY%LM% LY%LM% Units Median$Average$ Units Median$Average$September 2020
522
280107
12938
539
989
17
2,389
493
262140
25936
509
979
16
2,584
249
2217611
590
282
616
33
2,823
$1,075,891
$502,169$601,116$244,525
$1,076,026$1,080,171
$875,000
$430,000$555,000$239,450
$875,000$899,900
$1,002,604
$481,334$622,407$259,952
$998,291$865,394
$885,000
$425,000$573,450$242,900
$880,000$783,250
$905,964
$446,740$588,287$184,832
$887,663$749,576
$820,000
$412,000$546,975$145,000
$799,900$615,000
5.9%
6.9%-23.6%-52.0%
0.2%
5.9%
1.0%
6.3%
-7.5%
109.6%
26.7%40.8%
9.1%59.0%
91.1%
60.6%
-48.5%
-15.4%
7.3%
4.3%-3.4%-5.9%
7.8%24.8%
18.8%
12.4%2.2%
32.3%
21.2%44.1%
-1.1%
1.2%-3.2%-1.4%
-0.6%14.9%
6.7%
4.4%1.5%
65.1%
9.4%46.3%
August 2020 September 2019
LegendUnits: net number of listings soldLM%: percentage change since Last MonthLY%: percentage change since This Month Last YearAverage$: average selling priceMedian$: median selling priceTotal Residential: includes sales of residential property typesTotal Sales: includes sales of all property typesActive Listings: total listings of all types on the market at midnight on the last day of the month
This Month Last Month
Produced: 01-Oct-2020September 2020Previous Periods Comparison
This Month Last Year
Page 1 of 1Victoria Real Estate Board Multiple Listing Service ®
September 2020Statistics Package for Media
Victoria Real Estate Board September 2020 Statistics
Previous Periods Comparison of Unit Sales, Average Prices and Median Prices
Previous Periods Comparison of MLS® HPI Benchmark Prices and MLS® HPI Index Values
Victoria Real Estate Board September 2020 Statistics
The ratio of counts of total residential sales over total active residential listings for the last 25 months Produced: 01-Oct-2020
Page 1 of 1
Sales to Active Listings Ratio
This chart tracks the ratio of total residential sales over total active residential listings at month-end for each of the last 25 months.The active listing count and the sales count can be viewed as indicators of housing supply and demand respectively. Observing the ratio between them can thus help indicate a "buyers' market", where there is downward pressure on prices, and a "sellers' market", where there is upward pressure on prices.
- below 10%, there is downward pressure on prices (buyers' market) - above 25%, there is upward pressure on prices (sellers' market) - in the 15-20% range, there is little pressure on prices either way (balanced market)
Victoria Real Estate Board September 2020 Statistics
Total new MLS® listings and total MLS® sales for entire district
The Victoria Real Estate Board uses the MLS® Home Price Index (MLS® HPI) to report on market trends. The MLS® HPI uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area.
Through the analysis of over ten years of Victoria Real Estate Board MLS® sales data, the MLS® HPI defined benchmark homes for Victoria in each category (single family homes, townhouses, condos) and for each neighbourhood. The benchmark starting point was 2005, where each type of property and neighbourhood was assigned an index value of 100.
MLS® HPI benchmark and value - Single Family Homes
Victoria Real Estate Board September 2020 Statistics
12MonthsAgo
%Differencefrom12MonthsAgo(September2019toSeptember2020)
SelectTimeframe:
1.AreaGroupVREBAreaSummary
3.Area/PropertyTypeSelectionAll
2.PropertyTypeSingleFamily-All(SF-All)
Note:AreaswithinsufficientsalesarenotincludedintheHPI.
Source:VictoriaRealEstateBoard
VictoriaREB–
SF-All
Core–SF-All
Westshore–SF-All
Peninsula–SF-All
GulfIslands–SF-All
Malahat&Area–
SF-All
5.3%
3.6%
7.6% 7.5%
3.4%
5.7%
Victoria Real Estate Board September 2020 Statistics
MLS® HPI benchmark and value - Condominium / Apartments
Victoria Real Estate Board September 2020 Statistics
12MonthsAgo
%Differencefrom12MonthsAgo(September2019toSeptember2020)
SelectTimeframe:
1.AreaGroupVREBAreaSummary
3.Area/PropertyTypeSelectionAll
2.PropertyTypeCondoApartment(Con)
Note:AreaswithinsufficientsalesarenotincludedintheHPI.
Source:VictoriaRealEstateBoard
VictoriaREB–Con
Core–Con
Westshore–Con
Peninsula–Con
-0.4%
-4.0%
0.4%
8.1%
Note:AreaswithinsufficientsalesarenotincludedintheHPI.
Source:VictoriaRealEstateBoard
September2020 1MonthAgo 3MonthsAgo 6MonthsAgo 12MonthsAgo 3YearsAgo 5YearsAgo January2005
VictoriaREB–SF-All
Victoria–SF-All
VictoriaWest–SF-All
OakBay–SF-All
Esquimalt–SF-All
ViewRoyal–SF-All
SaanichEast–SF-All
SaanichWest–SF-All
Sooke–SF-All
Langford–SF-All
Metchosin–SF-All
Colwood–SF-All
Highlands–SF-All
NorthSaanich–SF-All
Sidney–SF-All
CentralSaanich–SF-All
MLMalahat&Area–SF-All
GIGulfIslands–SF-All
$991,200 $989,200
$986,300$984,100
$983,400
$981,300$960,800 $951,300
$946,400 $940,000
$909,000$899,500
$897,600
$895,500
$880,600
$875,800
$865,100$864,300
$861,800
$860,700
$858,900
$858,700
$856,900
$855,500
$853,600
$852,600
$841,300
$833,800
$830,800
$823,900
$821,000
$816,100
$813,400 $802,900
$801,700
$795,500$793,000
$792,700
$791,300
$790,900
$785,100
$785,000
$783,300
$781,000
$773,400
$768,300
$768,200
$758,500
$753,000
$750,900
$750,800
$747,700
$747,400
$745,100
$744,400
$741,100
$729,800
$720,000
$716,900
$713,900
$713,400
$709,900 $706,400
$705,200
$701,700
$700,900 $699,200
$698,500 $697,800
$697,300
$693,900$691,700 $691,100
$684,200
$680,800
$671,700
$665,600
$660,200 $656,400
$650,500
$642,000
$640,600
$638,700
$635,100
$629,600
$625,800
$623,400
$614,200
$612,900
$610,200
$607,200
$601,500
$598,900
$589,800
$580,800
$579,900
$575,600
$570,400
$563,400
$552,000
$545,500
$544,800
$542,500
$539,900
$536,900
$536,300
$535,400 $529,900
$518,800
$517,900
$494,200
$487,300
$482,900
$473,800
$463,400
$463,400
$462,100
$459,100
$455,400
$439,200
$437,700
$411,700
$394,500
$370,800
$357,100
$357,000
$351,700
$351,200
$349,200
$332,600
$329,800
$321,400
$308,000
$292,400
$291,500
$284,200
$282,400
$265,000
$1,232,500 $1,231,400$1,213,200$1,189,500 $1,184,500 $1,181,200
BenchmarkPricebyTimeframeandPropertyType
ValueorpercentchangeValuePercentchange
HPIorBenchmarkPriceHPIBenchmarkPrice
1.AreaGroupVREBDistrictSummary
3.Area/PropertyTypeSelectionAll
2.PropertyTypeSingleFamily-All(SF-All)
Note:AreaswithinsufficientsalesarenotincludedintheHPI.
Source:VictoriaRealEstateBoard
September2020 1MonthAgo 3MonthsAgo 6MonthsAgo 12MonthsAgo 3YearsAgo 5YearsAgo January2005
VictoriaREB–SF-All
Victoria–SF-All
VictoriaWest–SF-All
OakBay–SF-All
Esquimalt–SF-All
ViewRoyal–SF-All
SaanichEast–SF-All
SaanichWest–SF-All
Sooke–SF-All
Langford–SF-All
Metchosin–SF-All
Colwood–SF-All
Highlands–SF-All
NorthSaanich–SF-All
Sidney–SF-All
CentralSaanich–SF-All
MLMalahat&Area–SF-All
GIGulfIslands–SF-All
264.2 263.0 256.8 251.2
242.8 241.6
239.9
238.5
238.0236.8
235.1
234.2
234.0
233.3233.1
232.9
232.9
232.7
230.4
230.2
229.9
229.1
228.6
228.0 227.0
226.9
226.7
226.0
225.7
225.3224.6 224.4
224.3
224.0
223.3 223.1
222.8
222.2
222.1
222.0
221.5
220.2
219.9
219.8
219.1
218.3
218.3
218.1
217.7
217.5
217.3
217.2
217.2
217.2
217.1
216.6
216.6
216.2
216.1
216.1 215.5
215.5
215.2
214.6 214.0
213.2
213.0
212.6
212.2
212.0
211.2
211.0
210.9
210.7 210.2
208.9
208.5
205.7
205.4
204.7
204.2
203.4 203.0
202.0
201.8
201.2
200.8
199.8
198.7
196.9 196.2 194.8
194.2
193.0
192.9
191.5
190.5
189.0
186.9
184.2
184.2183.7
182.2
181.8
181.1
177.7
175.0
162.6
159.6
158.5
157.5
157.3
156.4
155.0
154.6
152.8
150.2
147.4
145.8
145.1
142.6
139.7
139.3
134.6
132.7
120.5 100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
HPIbyTimeframeandPropertyType
ValueorpercentchangeValuePercentchange
HPIorBenchmarkPriceHPIBenchmarkPrice
1.AreaGroupVREBDistrictSummary
3.Area/PropertyTypeSelectionAll
2.PropertyTypeSingleFamily-All(SF-All)
Note:AreaswithinsufficientsalesarenotincludedintheHPI.
Source:VictoriaRealEstateBoard
September2020 1MonthAgo 3MonthsAgo 6MonthsAgo 12MonthsAgo 3YearsAgo 5YearsAgo January2005
VictoriaREB–Con
Victoria–Con
VictoriaWest–Con
OakBay–Con
Esquimalt–Con
ViewRoyal–Con
SaanichEast–Con
SaanichWest–Con
Langford–Con
Colwood–Con
Sidney–Con
CentralSaanich–Con
$837,700$814,700$780,800 $780,500 $779,800 $749,000
$635,900 $618,200$614,100 $608,100$596,700
$545,100
$536,300 $528,700 $527,300$521,600
$519,800$512,800
$510,600
$504,900$502,600
$501,800
$500,400
$497,200
$493,900$493,500
$487,600
$486,600 $482,300$481,500
$478,000$474,800
$474,400$473,400
$467,500
$465,800
$464,500
$456,500$454,000 $452,600 $448,400
$448,400
$447,800
$446,900
$440,400
$433,100$432,100
$432,100
$432,100
$430,600
$430,100
$428,900
$428,900$426,600
$425,200
$424,200
$422,700
$420,500 $417,600
$417,300$412,100
$407,800
$398,000
$393,200
$385,300
$385,200
$376,300
$369,000$367,900 $360,600
$353,300
$350,500
$338,800
$337,600
$331,200
$330,200
$317,000
$309,700
$303,300
$285,500
$265,500
$265,000
$261,900
$261,000
$254,100
$253,000
$210,400
$205,300
$203,900
$202,500
$191,500
$176,600
$171,400
$169,700
$161,300
$155,700
BenchmarkPricebyTimeframeandPropertyType
ValueorpercentchangeValuePercentchange
HPIorBenchmarkPriceHPIBenchmarkPrice
1.AreaGroupVREBDistrictSummary
3.Area/PropertyTypeSelectionAll
2.PropertyTypeCondoApartment(Con)
Note:AreaswithinsufficientsalesarenotincludedintheHPI.
Source:VictoriaRealEstateBoard
September2020 1MonthAgo 3MonthsAgo 6MonthsAgo 12MonthsAgo 3YearsAgo 5YearsAgo January2005
VictoriaREB–Con
Victoria–Con
VictoriaWest–Con
OakBay–Con
Esquimalt–Con
ViewRoyal–Con
SaanichEast–Con
SaanichWest–Con
Langford–Con
Colwood–Con
Sidney–Con
CentralSaanich–Con
269.1
267.9
267.6 266.8
265.9264.5
264.3263.4
260.7 258.9
257.9257.7
254.9
254.9
252.7
252.5
252.1
251.5
251.3
251.3
251.2
250.6
249.6
247.9
247.9
247.8
247.6
247.5
247.4
247.3
246.5 245.4
244.7
244.3
244.1
242.7
240.5
240.3
240.3
239.4
238.2
237.9
237.8
237.5
237.0
236.3
236.3
236.3
235.8
233.4
233.3
231.6
231.1230.6
230.5 230.4 230.2
229.4
227.1
226.9
225.4
224.6
221.1
219.6
218.4
216.8
210.0
209.3
208.9
206.1
201.8
198.5
168.2
164.3
160.9
157.4
156.5
154.4
152.3
151.9
149.8
149.1
143.9
130.5
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
HPIbyTimeframeandPropertyType
ValueorpercentchangeValuePercentchange
HPIorBenchmarkPriceHPIBenchmarkPrice
1.AreaGroupVREBDistrictSummary
3.Area/PropertyTypeSelectionAll
2.PropertyTypeCondoApartment(Con)
Note:AreaswithinsufficientsalesarenotincludedintheHPI.
Source:VictoriaRealEstateBoard
September2020 1MonthAgo 3MonthsAgo 6MonthsAgo 12MonthsAgo 3YearsAgo 5YearsAgo January2005
VictoriaREB–Twn
Victoria–Twn
VictoriaWest–Twn
Esquimalt–Twn
ViewRoyal–Twn
SaanichEast–Twn
SaanichWest–Twn
Sooke–Twn
Langford–Twn
Colwood–Twn
Sidney–Twn
CentralSaanich–Twn
MLMalahat&Area–Twn
GIGulfIslands–Twn
$732,100$725,900
$717,800$711,100
$703,000$689,800 $689,500
$681,600
$673,500
$673,200
$672,300
$664,500
$658,600
$652,500
$649,500
$646,200$642,100
$642,000
$639,100
$632,900
$632,300
$631,400
$628,000
$626,700
$626,000
$624,000
$623,500$623,200
$621,300
$613,700$612,300
$599,500
$597,700
$597,400
$595,800
$594,200
$593,300
$593,100$590,100
$588,800
$587,000
$586,300
$585,400
$582,600
$582,000
$581,900
$577,400
$576,700
$572,300
$567,000
$566,900
$564,600
$563,600
$563,200
$560,300 $555,800
$550,500
$550,000
$546,000
$540,100
$535,300
$534,700 $534,000
$532,900
$515,800
$512,500 $511,200
$509,200$507,100 $503,400 $501,900
$500,300
$495,300
$487,000
$486,500 $485,000
$484,800
$481,100
$481,100 $475,000
$467,100
$464,700
$463,500 $454,300
$452,100
$413,800
$410,400
$407,200
$405,700
$402,700
$396,400
$381,600
$367,600
$353,400
$348,100
$346,700
$334,600
$333,300
$322,600
$319,300
$287,700
$278,300
$269,500
$266,600
$266,100
$261,800
$256,100
$250,100
$247,600
$245,700
$241,900
$234,700
BenchmarkPricebyTimeframeandPropertyType
ValueorpercentchangeValuePercentchange
HPIorBenchmarkPriceHPIBenchmarkPrice
1.AreaGroupVREBDistrictSummary
3.Area/PropertyTypeSelectionAll
2.PropertyTypeTownhouse(Twn)
Note:AreaswithinsufficientsalesarenotincludedintheHPI.
Source:VictoriaRealEstateBoard
September2020 1MonthAgo 3MonthsAgo 6MonthsAgo 12MonthsAgo 3YearsAgo 5YearsAgo January2005
VictoriaREB–Twn
Victoria–Twn
VictoriaWest–Twn
Esquimalt–Twn
ViewRoyal–Twn
SaanichEast–Twn
SaanichWest–Twn
Sooke–Twn
Langford–Twn
Colwood–Twn
Sidney–Twn
CentralSaanich–Twn
MLMalahat&Area–Twn
GIGulfIslands–Twn
289.9287.2 275.3 271.9 266.0
265.7256.7 250.3 249.3249.2
248.2 247.9
243.4240.6
240.1
239.8
238.7
238.3
237.6
236.8
234.1233.7
233.2
230.7
230.6
229.2
226.9
226.8
225.7
225.0
224.9
224.6
223.5
221.7
221.3
220.5
220.3
220.2
220.0
220.0
219.6
218.3
217.9
217.6 217.3
213.8 213.7
213.1
212.7
212.4
212.0
211.8
210.9
209.9
207.5
204.1
203.8
202.6
201.3
197.8
197.3
194.5193.7
193.1
192.6
192.3
192.1
191.7
191.0
190.0 189.4
189.2
188.7
188.0
187.9
187.3186.5185.7
185.5 181.0
177.6
177.5
177.4
169.9
167.1
152.6
152.3
152.2
149.6
149.1
148.3
146.1
144.7
137.8
130.3
127.3
124.7
121.7
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
HPIbyTimeframeandPropertyType
ValueorpercentchangeValuePercentchange
HPIorBenchmarkPriceHPIBenchmarkPrice
1.AreaGroupVREBDistrictSummary
3.Area/PropertyTypeSelectionAll
2.PropertyTypeTownhouse(Twn)
Note:AreaswithinsufficientsalesarenotincludedintheHPI.
Source:VictoriaRealEstateBoard
VictoriaREB–SF-All Core–SF-All Westshore–SF-All Peninsula–SF-All
SelectDateRange:Allvalues
Jan2005
Jan2006
Jan2007
Jan2008
Jan2009
Jan2010
Jan2011
Jan2012
Jan2013
Jan2014
Jan2015
Jan2016
Jan2017
Jan2018
Jan2019
Jan2020
Jan2021
Ben
chmarkPrice($)
300,000
400,000
500,000
600,000
700,000
800,000
900,000
BenchmarkPricePerformanceoverTime
1.AreaGroupVREBAreaSummary
3.Area/PropertyTypeSelectionMultiplevalues
2.PropertyTypeSingleFamily-All(SF-All)
HPIorBenchmarkPriceHPIBenchmarkPrice
Addinglabels
HoldCtrl(Cmd)andselectpointsonthecharttoshowmultipledate/valuelabels
Note:AreaswithinsufficientsalesarenotincludedintheHPI.
Source:VictoriaRealEstateBoard
VictoriaREB–Con Core–Con Westshore–Con Peninsula–Con
SelectDateRange:Allvalues
Jan2005
Jan2006
Jan2007
Jan2008
Jan2009
Jan2010
Jan2011
Jan2012
Jan2013
Jan2014
Jan2015
Jan2016
Jan2017
Jan2018
Jan2019
Jan2020
Jan2021
Ben
chmarkPrice($)
200,000
250,000
300,000
350,000
400,000
450,000
500,000
550,000
BenchmarkPricePerformanceoverTime
1.AreaGroupVREBAreaSummary
3.Area/PropertyTypeSelectionAll
2.PropertyTypeCondoApartment(Con)
HPIorBenchmarkPriceHPIBenchmarkPrice
Addinglabels
HoldCtrl(Cmd)andselectpointsonthecharttoshowmultipledate/valuelabels
Note:AreaswithinsufficientsalesarenotincludedintheHPI.
Source:VictoriaRealEstateBoard
VictoriaREB–Twn Core–Twn Westshore–Twn Peninsula–Twn
SelectDateRange:Allvalues
Jan2005
Jan2006
Jan2007
Jan2008
Jan2009
Jan2010
Jan2011
Jan2012
Jan2013
Jan2014
Jan2015
Jan2016
Jan2017
Jan2018
Jan2019
Jan2020
Jan2021
Ben
chmarkPrice($)
300,000
400,000
500,000
600,000
700,000
BenchmarkPricePerformanceoverTime
1.AreaGroupVREBAreaSummary
3.Area/PropertyTypeSelectionMultiplevalues
2.PropertyTypeTownhouse(Twn)
HPIorBenchmarkPriceHPIBenchmarkPrice
Addinglabels
HoldCtrl(Cmd)andselectpointsonthecharttoshowmultipledate/valuelabels
Note:AreaswithinsufficientsalesarenotincludedintheHPI.
Source:VictoriaRealEstateBoard
VictoriaREB–SF-All VictoriaREB–Twn VictoriaREB–Con
SelectDateRange:Allvalues
Jan2005
Jan2006
Jan2007
Jan2008
Jan2009
Jan2010
Jan2011
Jan2012
Jan2013
Jan2014
Jan2015
Jan2016
Jan2017
Jan2018
Jan2019
Jan2020
Jan2021
Ben
chmarkPrice($)
200,000
300,000
400,000
500,000
600,000
700,000
800,000
BenchmarkPricePerformanceoverTime
1.AreaGroupVREBAreaSummary
3.Area/PropertyTypeSelectionMultiplevalues
2.PropertyTypeMultiplevalues
HPIorBenchmarkPriceHPIBenchmarkPrice
Addinglabels
HoldCtrl(Cmd)andselectpointsonthecharttoshowmultipledate/valuelabels
Monthly Sales Summary (Mark I)Residential Waterfront Properties Integrated Into Their Own Districts
Units Total Volume
September 2020
District
Produced: 01-Oct-2020
Residential
Single Family Detachedl
Greater Victoria
Victoria / Victoria West 55 $57,572,700
Oak Bay 28 $71,161,000
Esquimalt 18 $15,647,600
View Royal 9 $7,775,079
Saanich East 89 $109,374,400
Saanich West 37 $38,744,918
Central Saanich 24 $24,646,500
North Saanich 30 $43,095,175
Sidney 21 $19,482,500
Highlands 8 $7,547,000
Colwood 26 $24,103,712
Langford 85 $69,168,299
Metchosin 3 $2,300,000
Sooke 53 $39,968,011
Gulf Islands 36 $31,028,010
Total Greater Victoria 522 $561,614,904
Other Areas
Malahat & Area 17 $18,362,900
Total Other Areas 17 $18,362,900
Total Single Family Detached 539 $579,977,804
Condo Apartmentl
Greater Victoria
Victoria / Victoria West 120 $66,975,879
Oak Bay 7 $4,508,900
Esquimalt 22 $11,512,913
View Royal 7 $2,684,700
Saanich East 43 $19,238,699
Saanich West 11 $5,033,500
Central Saanich 7 $3,197,700
North Saanich 1 $575,000
Sidney 15 $7,789,000
Colwood 8 $3,504,000
Langford 35 $14,081,659
Sooke 4 $1,505,300
Total Greater Victoria 280 $140,607,250
Total Condo Apartment 280 $140,607,250
Page 1 of 3Victoria Real Estate Board Multiple Listing Service ®
Monthly Sales Summary (Mark I)Residential Waterfront Properties Integrated Into Their Own Districts
Units Total Volume
September 2020
District
Produced: 01-Oct-2020
Row/Townhousel
Greater Victoria
Victoria / Victoria West 17 $12,280,000
Esquimalt 4 $1,987,000
View Royal 5 $3,366,900
Saanich East 12 $8,868,000
Saanich West 11 $6,418,000
Central Saanich 8 $4,650,400
Sidney 8 $4,643,000
Colwood 9 $5,103,000
Langford 30 $15,227,100
Sooke 2 $946,000
Total Greater Victoria 106 $63,489,400
Other Areas
Malahat & Area 1 $830,000
Total Other Areas 1 $830,000
Total Row/Townhouse 107 $64,319,400
Manufactured Homel
Greater Victoria
View Royal 2 $404,800
Central Saanich 3 $887,500
Sidney 1 $468,000
Langford 3 $559,000
Sooke 1 $195,000
Gulf Islands 1 $350,000
Total Greater Victoria 11 $2,864,300
Other Areas
Malahat & Area 1 $70,000
Total Other Areas 1 $70,000
Total Manufactured Home 12 $2,934,300
Total Residential 938 $787,838,754
Page 2 of 3Victoria Real Estate Board Multiple Listing Service ®
Monthly Sales Summary (Mark I)Residential Waterfront Properties Integrated Into Their Own Districts
Units Total Volume
September 2020
District
Produced: 01-Oct-2020
$826,320,347989Grand Totals
Other Property
Lots & Acreagel
Greater Victoria
Oak Bay 1 $1,835,000
Esquimalt 1 $1,103,000
View Royal 2 $3,249,900
Saanich East 1 $631,000
Central Saanich 1 $805,000
North Saanich 8 $6,028,500
Colwood 2 $830,900
Metchosin 1 $1,050,000
Sooke 6 $4,113,600
Gulf Islands 10 $2,881,000
Total Greater Victoria 33 $22,527,900
Other Areas
Malahat & Area 1 $880,000
Total Other Areas 1 $880,000
Total Lots & Acreage 34 $23,407,900
17 $15,073,693Other Commercial Propertiesl
Page 3 of 3Victoria Real Estate Board Multiple Listing Service ®
Monthly Sales Summary (Mark II)Waterfront Properties Segregated Into a 'Waterfront' District
Units Total Volume
September 2020
District
Produced: 01-Oct-2020
Residential
Single Family Detachedl
Greater Victoria
Victoria 50 $53,870,800
Victoria West 5 $3,701,900
Oak Bay 25 $51,101,000
Esquimalt 17 $14,457,600
View Royal 9 $7,775,079
Saanich East 85 $92,797,400
Saanich West 37 $38,744,918
Central Saanich 22 $21,171,500
North Saanich 24 $28,883,675
Sidney 20 $17,067,500
Highlands 7 $6,645,000
Colwood 26 $24,103,712
Langford 84 $68,278,299
Metchosin 2 $1,560,000
Sooke 47 $32,678,011
Gulf Islands 22 $14,277,827
Waterfront (all districts) 40 $84,500,683
Total Greater Victoria 522 $561,614,904
Other Areas
Malahat & Area 14 $13,197,900
Waterfront (all districts) 3 $5,165,000
Total Other Areas 17 $18,362,900
Total Single Family Detached 539 $579,977,804
Condo Apartmentl
Greater Victoria
Victoria 93 $48,305,679
Victoria West 19 $12,852,300
Oak Bay 5 $2,924,900
Esquimalt 17 $8,217,113
View Royal 7 $2,684,700
Saanich East 42 $17,938,699
Saanich West 11 $5,033,500
Central Saanich 7 $3,197,700
North Saanich 1 $575,000
Sidney 14 $6,904,000
Colwood 8 $3,504,000
Langford 35 $14,081,659
Waterfront (all districts) 21 $14,388,000
Total Greater Victoria 280 $140,607,250
Total Condo Apartment 280 $140,607,250
Page 1 of 3Victoria Real Estate Board Multiple Listing Service ®
Monthly Sales Summary (Mark II)Waterfront Properties Segregated Into a 'Waterfront' District
Units Total Volume
September 2020
District
Produced: 01-Oct-2020
Row/Townhousel
Greater Victoria
Victoria 15 $10,955,000
Victoria West 2 $1,325,000
Esquimalt 4 $1,987,000
View Royal 5 $3,366,900
Saanich East 11 $7,868,000
Saanich West 11 $6,418,000
Central Saanich 5 $2,702,400
Sidney 8 $4,643,000
Colwood 8 $4,353,000
Langford 30 $15,227,100
Sooke 1 $594,000
Waterfront (all districts) 6 $4,050,000
Total Greater Victoria 106 $63,489,400
Other Areas
Waterfront (all districts) 1 $830,000
Total Other Areas 1 $830,000
Total Row/Townhouse 107 $64,319,400
Manufactured Homel
Greater Victoria
View Royal 2 $404,800
Central Saanich 3 $887,500
Sidney 1 $468,000
Langford 3 $559,000
Sooke 1 $195,000
Gulf Islands 1 $350,000
Total Greater Victoria 11 $2,864,300
Other Areas
Malahat & Area 1 $70,000
Total Other Areas 1 $70,000
Total Manufactured Home 12 $2,934,300
Total Residential 938 $787,838,754
Page 2 of 3Victoria Real Estate Board Multiple Listing Service ®
Monthly Sales Summary (Mark II)Waterfront Properties Segregated Into a 'Waterfront' District
Units Total Volume
September 2020
District
Produced: 01-Oct-2020
$826,320,347989Grand Totals
Other Property
Lots & Acreagel
Greater Victoria
Oak Bay 1 $1,835,000
Esquimalt 1 $1,103,000
View Royal 2 $3,249,900
Saanich East 1 $631,000
Central Saanich 1 $805,000
North Saanich 8 $6,028,500
Colwood 2 $830,900
Metchosin 1 $1,050,000
Sooke 6 $4,113,600
Gulf Islands 10 $2,881,000
Total Greater Victoria 33 $22,527,900
Other Areas
Malahat & Area 1 $880,000
Total Other Areas 1 $880,000
Total Lots & Acreage 34 $23,407,900
17 $15,073,693Other Commercial Propertiesl
Page 3 of 3Victoria Real Estate Board Multiple Listing Service ®
Sales to Active Listings RatioThe ratio of counts of total residential sales over total active residential listings for the last 25 months
September 2020Produced: 01-Oct-2020
10%
20%
30%
40%
50%
60%
70%
80%
90%
Sep
20
18
Oct
20
18
No
v 20
18
De
c 20
18
Jan
201
9
Fe
b 2
019
Ma
r 2
019
Apr
20
19
Ma
y 20
19
Jun
201
9
Jul 2
019
Aug
20
19
Sep
20
19
Oct
20
19
No
v 20
19
De
c 20
19
Jan
202
0
Fe
b 2
020
Ma
r 2
020
Apr
20
20
Ma
y 20
20
Jun
202
0
Jul 2
020
Aug
20
20
Sep
20
20
The Sales to Active Listings Ratio
This chart tracks the ratio of total residential sales over total active residential listings at month-end for each of the last 25 months.
The active listing count and the sales count can be viewed as indicators of housing supply and demand respectively. Observing the ratio between them can thus help indicate a "buyers' market", where there is sustained downward pressure on prices, and a "sellers' market", where there is sustained upward pressure on prices.
Based on a regression analysis performed by the Economics Department of the BC Real Estate Association in each market area of the province, the Sales to Active Listings Ratio for Victoria can be interpreted as follows:
- below 14%, there is downward pressure on prices (buyers' market)- above 20%, there is upward pressure on prices (sellers' market)- in the 14-20% range, there is little pressure on prices either way (balanced market)
Victoria Real Estate Board Multiple Listing Service ® Page 1 of 1
Monthly Comparative Activity By Property Type Includes All MLS® Property Types
September 2020
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Produced: 01-Oct-2020
Single Family - ResidentialUnits Listed 463
Units Sold 422
Sell/List Ratio 91
Sales Dollars $415,561,210
Average Price / Unit $984,742
Price Ratio 99
Days To Sell 30
Active Listings at Month End 610
%
%
467
227
49
$191,063,279
$841,688
98
44
903
%
%
-1
86
117
17
-30
-32
%
%
%
%
%
%
3894
2630
68
$2,409,405,585
$916,124
99
36
%
%
4363
2428
56
$2,002,246,342
$824,648
98
41
%
%
-11
8
20
11
-12
%
%
%
%
%
Single Family - Residential WaterfrontUnits Listed 34
Units Sold 42
Sell/List Ratio 124
Sales Dollars $88,365,683
Average Price / Unit $2,103,945
Price Ratio 94
Days To Sell 140
Active Listings at Month End 109
%
%
36
20
56
$26,633,000
$1,331,650
95
82
198
%
%
-6
110
232
58
69
-45
%
%
%
%
%
%
352
209
59
$375,423,427
$1,796,284
95
94
%
%
385
140
36
$182,712,532
$1,305,090
95
86
%
%
-9
49
105
38
9
%
%
%
%
%
Single Family - Residential AcreageUnits Listed 46
Units Sold 44
Sell/List Ratio 96
Sales Dollars $54,465,512
Average Price / Unit $1,237,853
Price Ratio 97
Days To Sell 60
Active Listings at Month End 116
%
%
42
23
55
$25,865,400
$1,124,583
94
93
184
%
%
10
91
111
10
-35
-37
%
%
%
%
%
%
420
265
63
$296,580,897
$1,119,173
97
62
%
%
439
201
46
$192,049,391
$955,470
96
75
%
%
-4
32
54
17
-17
%
%
%
%
%
Condo ApartmentUnits Listed 449
Units Sold 280
Sell/List Ratio 62
Sales Dollars $140,607,250
Average Price / Unit $502,169
Price Ratio 98
Days To Sell 42
Active Listings at Month End 720
%
%
334
221
66
$98,729,565
$446,740
98
46
609
%
%
34
27
42
12
-10
18
%
%
%
%
%
%
3159
1642
52
$795,457,494
$484,444
98
41
%
%
2852
1738
61
$808,772,228
$465,347
98
40
%
%
11
-6
-2
4
4
%
%
%
%
%
Page 1 of 8Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Includes All MLS® Property Types
September 2020
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Produced: 01-Oct-2020
Row/TownhouseUnits Listed 143
Units Sold 107
Sell/List Ratio 75
Sales Dollars $64,319,400
Average Price / Unit $601,116
Price Ratio 99
Days To Sell 32
Active Listings at Month End 198
%
%
143
75
52
$43,649,808
$581,997
99
29
253
%
%
0
43
47
3
7
-22
%
%
%
%
%
%
1139
770
68
$461,375,039
$599,188
99
44
%
%
1143
631
55
$380,944,038
$603,715
99
38
%
%
0
22
21
-1
16
%
%
%
%
%
Half Duplex (Up and Down)Units Listed 3
Units Sold 1
Sell/List Ratio 33
Sales Dollars $553,000
Average Price / Unit $553,000
Price Ratio 105
Days To Sell 15
Active Listings at Month End 3
%
%
0
0
$0
2
%
%
50
%
%
%
%
%
%
7
3
43
$1,244,000
$414,667
99
120
%
%
2
0
0
$0
%
%
250 %
%
%
%
%
Half Duplex (Side by Side)Units Listed 19
Units Sold 18
Sell/List Ratio 95
Sales Dollars $13,176,399
Average Price / Unit $732,022
Price Ratio 101
Days To Sell 29
Active Listings at Month End 35
%
%
10
3
30
$1,945,000
$648,333
99
16
15
%
%
90
500
577
13
76
133
%
%
%
%
%
%
145
95
66
$63,199,499
$665,258
100
31
%
%
99
63
64
$38,765,840
$615,331
98
46
%
%
46
51
63
8
-33
%
%
%
%
%
Half Duplex (Front and Back)Units Listed 5
Units Sold 5
Sell/List Ratio 100
Sales Dollars $3,582,000
Average Price / Unit $716,400
Price Ratio 99
Days To Sell 23
Active Listings at Month End 5
%
%
3
3
100
$2,014,300
$671,433
96
60
4
%
%
67
67
78
7
-61
25
%
%
%
%
%
%
23
17
74
$11,212,400
$659,553
99
31
%
%
29
19
66
$13,042,800
$686,463
98
40
%
%
-21
-11
-14
-4
-22
%
%
%
%
%
Page 2 of 8Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Includes All MLS® Property Types
September 2020
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Produced: 01-Oct-2020
RecreationalUnits Listed 4
Units Sold 4
Sell/List Ratio 100
Sales Dollars $872,000
Average Price / Unit $218,000
Price Ratio 94
Days To Sell 46
Active Listings at Month End 13
%
%
2
2
100
$311,500
$155,750
96
139
19
%
%
100
100
180
40
-67
-32
%
%
%
%
%
%
30
15
50
$1,969,900
$131,327
94
162
%
%
34
17
50
$2,097,600
$123,388
93
85
%
%
-12
-12
-6
6
91
%
%
%
%
%
Manufactured HomeUnits Listed 20
Units Sold 12
Sell/List Ratio 60
Sales Dollars $2,934,300
Average Price / Unit $244,525
Price Ratio 95
Days To Sell 51
Active Listings at Month End 33
%
%
19
11
58
$2,033,150
$184,832
96
51
42
%
%
5
9
44
32
0
-21
%
%
%
%
%
%
155
117
75
$28,164,297
$240,720
95
58
%
%
181
127
70
$26,459,437
$208,342
95
54
%
%
-14
-8
6
16
8
%
%
%
%
%
Residential LotsUnits Listed 23
Units Sold 15
Sell/List Ratio 65
Sales Dollars $9,786,200
Average Price / Unit $652,413
Price Ratio 99
Days To Sell 128
Active Listings at Month End 136
%
%
41
13
32
$4,647,395
$357,492
96
82
183
%
%
-44
15
111
82
55
-26
%
%
%
%
%
%
263
105
40
$49,432,974
$470,790
98
122
%
%
329
114
35
$36,629,535
$321,312
95
130
%
%
-20
-8
35
47
-6
%
%
%
%
%
Residential Lots - WaterfrontUnits Listed 10
Units Sold 7
Sell/List Ratio 70
Sales Dollars $6,310,500
Average Price / Unit $901,500
Price Ratio 98
Days To Sell 73
Active Listings at Month End 30
%
%
2
0
0
$0
27
%
%
400
11
%
%
%
%
%
%
58
17
29
$12,473,625
$733,743
95
139
%
%
40
10
25
$6,115,944
$611,594
95
269
%
%
45
70
104
20
-48
%
%
%
%
%
Page 3 of 8Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Includes All MLS® Property Types
September 2020
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Produced: 01-Oct-2020
Residential AcreageUnits Listed 7
Units Sold 10
Sell/List Ratio 143
Sales Dollars $6,388,200
Average Price / Unit $638,820
Price Ratio 88
Days To Sell 136
Active Listings at Month End 60
%
%
10
6
60
$1,882,500
$313,750
90
99
90
%
%
-30
67
239
104
37
-33
%
%
%
%
%
%
116
61
53
$36,948,550
$605,714
92
152
%
%
128
41
32
$21,689,000
$529,000
93
139
%
%
-9
49
70
15
9
%
%
%
%
%
Residential Acreage - WaterfrontUnits Listed 5
Units Sold 2
Sell/List Ratio 40
Sales Dollars $923,000
Average Price / Unit $461,500
Price Ratio 96
Days To Sell 114
Active Listings at Month End 27
%
%
3
1
33
$700,000
$700,000
97
18
30
%
%
67
100
32
-34
533
-10
%
%
%
%
%
%
35
19
54
$15,895,182
$836,589
91
187
%
%
35
10
29
$17,580,000
$1,758,000
96
243
%
%
0
90
-10
-52
-23
%
%
%
%
%
Revenue - Duplex/TriplexUnits Listed 9
Units Sold 3
Sell/List Ratio 33
Sales Dollars $3,402,000
Average Price / Unit $1,134,000
Price Ratio 97
Days To Sell 51
Active Listings at Month End 17
%
%
6
5
83
$3,548,500
$709,700
97
63
21
%
%
50
-40
-4
60
-19
-19
%
%
%
%
%
%
46
26
57
$25,990,450
$999,633
96
42
%
%
40
14
35
$12,260,300
$875,736
97
47
%
%
15
86
112
14
-10
%
%
%
%
%
Revenue - Multi UnitsUnits Listed 4
Units Sold 2
Sell/List Ratio 50
Sales Dollars $2,375,000
Average Price / Unit $1,187,500
Price Ratio 97
Days To Sell 59
Active Listings at Month End 22
%
%
2
0
0
$0
6
%
%
100
267
%
%
%
%
%
%
37
9
24
$13,800,000
$1,533,333
92
78
%
%
15
5
33
$7,638,000
$1,527,600
96
77
%
%
147
80
81
0
2
%
%
%
%
%
Page 4 of 8Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Includes All MLS® Property Types
September 2020
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Produced: 01-Oct-2020
Revenue - Apartment BlockUnits Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 0
%
%
1
0
0
$0
3
%
%
-100
-100
%
%
%
%
%
%
9
3
33
$8,498,900
$2,832,967
93
128
%
%
9
3
33
$11,280,000
$3,760,000
93
89
%
%
0
0
-25
-25
44
%
%
%
%
%
Revenue - CommercialUnits Listed 17
Units Sold 4
Sell/List Ratio 24
Sales Dollars $6,368,550
Average Price / Unit $1,592,138
Price Ratio 100
Days To Sell 53
Active Listings at Month End 58
%
%
12
2
17
$5,485,000
$2,742,500
100
57
44
%
%
42
100
16
-42
-7
32
%
%
%
%
%
%
76
14
18
$14,394,450
$1,028,175
97
81
%
%
71
24
34
$17,884,120
$745,172
96
99
%
%
7
-42
-20
38
-19
%
%
%
%
%
Revenue - IndustrialUnits Listed 2
Units Sold 1
Sell/List Ratio 50
Sales Dollars $1,035,000
Average Price / Unit $1,035,000
Price Ratio 90
Days To Sell 144
Active Listings at Month End 11
%
%
0
0
$0
1
%
%
1000
%
%
%
%
%
%
8
5
63
$2,965,200
$593,040
99
102
%
%
2
1
50
$249,000
$249,000
100
21
%
%
300
400
1091
138
385
%
%
%
%
%
Business with Land & BuildingUnits Listed 1
Units Sold 2
Sell/List Ratio 200
Sales Dollars $5,065,000
Average Price / Unit $2,532,500
Price Ratio 96
Days To Sell 226
Active Listings at Month End 8
%
%
7
1
14
$20
$20
107
29
%
%
-86
100
########
########
111
-72
%
%
%
%
%
%
42
19
45
$32,628,992
$1,717,315
91
152
%
%
45
12
27
$6,770,107
$564,176
106
131
%
%
-7
58
382
204
16
%
%
%
%
%
Page 5 of 8Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Includes All MLS® Property Types
September 2020
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Produced: 01-Oct-2020
Business OnlyUnits Listed 5
Units Sold 3
Sell/List Ratio 60
Sales Dollars $230,000
Average Price / Unit $76,667
Price Ratio 75
Days To Sell 108
Active Listings at Month End 38
%
%
13
2
15
$87,000
$43,500
65
298
69
%
%
-62
50
164
76
-64
-45
%
%
%
%
%
%
82
17
21
$1,333,000
$78,412
76
113
%
%
107
24
22
$1,908,500
$79,521
73
122
%
%
-23
-29
-30
-1
-7
%
%
%
%
%
Motel/HotelUnits Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 0
%
%
1
0
0
$0
2
%
%
-100
-100
%
%
%
%
%
%
2
0
0
$0
%
%
2
0
0
$0
%
%
0 %
%
%
%
%
Lease - OfficeUnits Listed 16
Units Sold 1
Sell/List Ratio 6
Sales Dollars $17
Average Price / Unit $17
Price Ratio 100
Days To Sell 108
Active Listings at Month End 79
%
%
5
0
0
$0
24
%
%
220
229
%
%
%
%
%
%
80
5
6
$86
$17
179
231
%
%
40
10
25
$200
$20
183
%
%
100
-50
-57
-14
26
%
%
%
%
%
Lease - RetailUnits Listed 6
Units Sold 4
Sell/List Ratio 67
Sales Dollars $126
Average Price / Unit $31
Price Ratio 94
Days To Sell 133
Active Listings at Month End 41
%
%
2
0
0
$0
24
%
%
200
71
%
%
%
%
%
%
49
15
31
$2,008
$134
109
189
%
%
33
8
24
$173
$22
3
117
%
%
48
88
1059
518
62
%
%
%
%
%
Page 6 of 8Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Includes All MLS® Property Types
September 2020
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Produced: 01-Oct-2020
Lease - WarehouseUnits Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 0
%
%
0
0
$0
1
%
%
-100
%
%
%
%
%
%
1
0
0
$0
%
%
1
0
0
$0
%
%
0 %
%
%
%
%
Lease - IndustrialUnits Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 5
%
%
0
0
$0
0
%
%
%
%
%
%
%
%
3
1
33
$14
$14
111
304
%
%
1
1
100
$9
$9
45
%
%
200
0
56
56
576
%
%
%
%
%
Lease - OtherUnits Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 1
%
%
5
0
0
$0
25
%
%
-100
-96
%
%
%
%
%
%
51
2
4
$30
$15
61
%
%
40
13
33
$259
$20
164
%
%
28
-85
-88
-25
-63
%
%
%
%
%
Commercial LandUnits Listed 3
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 14
%
%
2
1
50
$320,000
$320,000
90
20
15
%
%
50
-100
-100
-7
%
%
%
%
%
%
29
0
0
$0
472
%
%
25
3
12
$1,840,000
$613,333
85
173
%
%
16
-100
-100
172
%
%
%
%
%
Page 7 of 8Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Includes All MLS® Property Types
September 2020
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Produced: 01-Oct-2020
Units Listed 1294
Units Sold 989
Sell/List Ratio 76
Sales Dollars $826,320,347
Average Price / Unit $835,511
Price Ratio 98
Days To Sell 44
Active Listings at Month End 2389
%
%
Grand Totals
1168
616
53
$408,915,417
$663,824
98
49
2823
%
%
11
61
102
26
-9
-15
%
%
%
%
%
%
10311
6081
59
$4,658,395,999
$766,058
98
47
%
%
10490
5657
54
$3,788,935,354
$669,778
98
48
%
%
-2
7
23
14
-1
%
%
%
%
%
Page 8 of 8Victoria Real Estate Board Multiple Listing Service ®