More inventory but fewer sales for April in the Victoria Real Estate Board Region.
18.5+
Increase in the number of MLS active listings from April 2017 (1,690 listings) to April 2018 (2,002 listings).
-12.5%
Decrease in the number of properties sold in April 2018 (774 sold) versus April 2017 (885 sold).
+9%
Increase in the benchmark value of a single-family home in Victoria’s core, from $800,100 in April 2017 to $886,700 in April 2018.
+19%
Increase in the benchmark value of a condo in Victoria’s core, from $495,100 in 2017 to over $500,00 in 2018.
Source: Victoria Real Estate Board
This article is from the June/July 2018 issue of Douglas.