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FAIR REALTY | Victoria BC

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serving Victoria B.C and surrounding area

 

"Success takes hard work, research, knowledge, and commitment, but the real victory comes through honesty, transparency, and being true to your word" - Fredrick Eklund

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Chinatown

MARKET DATA

Local

6,804

# of sales total 2022

A grand total of 6,804 properties sold over the course of 2022, 32.3 per cent fewer than the 10,052 that sold in 2021. 2022 sales came closest to 2014's sales year when 6,698 properties were sold.

590

# of sales monthly

A total of 590 properties sold in the Victoria Real Estate Board region this March, 29.2 per cent fewer than the 833 properties sold in March 2022 but a 28.3 per cent increase from February 2023.

+8.9%

active listings

There were 1,970 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of March 2023, an increase of 8.9 per cent compared to the previous month of February and an 85.3 per cent increase from the 1,063 active listings for sale at the end of March 2022.

$1,236,200

HPI (single family home)

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in March 2022 was $1,387,200. The benchmark value for the same home in March 2023 decreased by 10.9 per cent to $1,236,200, down from February's value of $1,247,200. 

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NEWS

local and national

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Why use a REALTOR®.?

To be a REALTOR®, an agent must be a member of The Canadian Real Estate Association (CREA). This means agents are duty bound to do their absolute best and follow a code. The code is the accepted standard of conduct for all real estate practitioners who are REALTORS®. It’s our guarantee of professional conduct and quality service. Read more at CREA.ca

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