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November 1, 2011

                       Real Estate Activity Increases in October
Real estate sales activity showed a modest increase throughout Greater Victoria last month with a total of 483
homes and other properties selling through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), up
from 458 sales in September. There were 467 sales in October of last year. Overall prices, meantime, remained
mixed, depending on price measure and property type.

Victoria Real Estate Board President, Dennis Fimrite, said the increase in sales activity is good news and reflects
ongoing stability in the market, “It is encouraging to note that sales last month were higher than in the previous
month and compared to October of last year.” Fimrite added that there will always be month-to-month
fluctuations in prices and that average prices are particularly susceptible to change depending on whether more
higher priced or lower priced properties sell in a particular month. “There was some general softening in most
price measures last month but it is interesting to note that while the overall average price for single family homes
declined last month, the median price actually rose by almost $5,000,” noted Fimrite. He added that that there
were 14 single family home sales of over $1 million in September including one on the Gulf Islands.

Fimrite added that the number of properties available for sale eased last month though inventory levels remained
16 per cent higher than a year ago. “The number of properties available for sale declined last month to 4,687
compared to 4,940 at the end of September.”

The average price for single-family homes sold in Greater Victoria last month was $595,836, down from
$622,393 in September. However, the median price increased to $539,750 while the six-month average
decreased slightly to $619,828. The overall average price for condominiums last month was $307,329, down
from $332,490 in September. The median price for condominiums in October declined only slightly to $277,000
while the average for the last six months declined to $323,039. The average price of all townhomes sold last
month was $428,040 compared to $436,039 in September. The median price declined to $374,500 while the six
month average declined to $438,167.

MLS® sales last month included 260 single family homes, 145 condominiums, 46 townhomes and 10
manufactured homes.
                                                    - 30 -

While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six
months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any
particular property. Those requiring specific information on property values should contact a REALTOR®.




FOR MORE INFORMATION, CONTACT             Michael Sampson                3035 Nanaimo St., Victoria, BC V8T 4W2
                                          Manager, Communications        Telephone    (250) 385 7766
                                          & Professional Standards       Facsimile    (250) 385 8773
                                                                         msampson@vreb.org
                                                                         www.vreb.org
Monthly Sales Summary                                                                             October 2011
Tuesday, November 1, 2011

                Region                           Units   Total Volume    Average      6 Month     Median
                   District                                               Price       Average      Price

     Residential
        l Single Family
                Greater Victoria

                    Victoria                      29      $16,812,400    $579,738     $609,016    $530,000
                    Victoria West                  4       $1,898,100    $474,525     $449,392    $468,550
                    Oak Bay                       12      $10,191,000    $849,250     $929,787    $785,000
                    Esquimalt                      6       $2,958,450    $493,075     $453,715    $494,750
                    View Royal                     6       $3,750,000    $625,000     $587,063    $608,500
                    Saanich East                  45      $28,634,477    $636,322     $640,762    $615,500
                    Saanich West                  19      $10,906,100    $574,005     $583,759    $457,000
                    Central Saanich               20      $10,759,293    $537,965     $605,207    $511,250
                    North Saanich                 13       $8,748,500    $672,962     $685,724    $650,000
                    Sidney                        11       $5,061,000    $460,091     $468,239    $460,000
                    Highlands                      2       $1,360,000    $680,000     $639,375    $680,000
                    Colwood                       17       $9,032,300    $531,312     $508,835    $472,500
                    Langford                      24      $14,200,522     $591,688     $508,231   $539,825
                    Metchosin                      3       $2,424,500     $808,167     $646,358   $876,500
                    Sooke                         20       $7,913,400     $395,670     $375,117   $377,750
                    Waterfront (all districts)     7       $7,158,900   $1,022,700   $1,193,844   $860,000

                Total Greater Victoria           238     $141,808,942    $595,836     $619,828    $539,750
                Other Areas

                    Shawnigan Lake / Malahat       4       $1,422,380    $355,595     $409,636    $357,000
                    Gulf Islands                   8       $2,759,887    $344,986     $425,807    $393,000
                    UpIsland / Mainland            5       $3,483,900    $696,780     $465,452    $380,000
                    Waterfront (all districts)     5       $4,065,000    $813,000     $924,114    $600,000

                Total Other Areas                 22      $11,731,167    $533,235     $535,562    $407,000

           Total Single Family                   260     $153,540,109    $590,539     $611,754    $530,000
        l Condominium
                Greater Victoria

                    Victoria                      60      $18,323,825    $305,397     $321,738    $287,500
                    Victoria West                  9       $3,149,600    $349,956     $364,768    $322,500
                    Oak Bay                        1        $205,000     $205,000     $397,759    $205,000
                    Esquimalt                      8       $2,030,500    $253,813     $301,437    $259,500
                    View Royal                     6       $1,642,800    $273,800     $286,649    $280,450
                    Saanich East                  12       $3,660,400    $305,033     $292,608    $287,500
                    Saanich West                  10       $2,821,400    $282,140     $269,223    $253,200
                    Central Saanich                0               $0          $0     $294,695          $0
                    Sidney                        10       $2,648,900    $264,890     $311,292    $232,500
                    Colwood                        2         $489,750    $244,875     $251,942    $244,875
                    Langford                      19       $6,306,600    $331,926     $288,120    $310,000
                    Waterfront (all districts)     8       $3,284,000    $410,500     $501,038    $366,000

                Total Greater Victoria           145      $44,562,775    $307,329     $323,493    $277,000

           Total Condominium                     145      $44,562,775    $307,329     $323,039    $277,000




                                                                                                             1
Victoria Real Estate Board Multiple Listing Service ®
Monthly Sales Summary                                                                         October 2011
Tuesday, November 1, 2011

                Region                           Units   Total Volume   Average    6 Month    Median
                   District                                              Price     Average     Price

        l Townhouse
                Greater Victoria

                    Victoria                      10       $4,923,250   $492,325   $505,569   $445,000
                    Victoria West                  3       $1,672,500   $557,500   $545,200   $575,000
                    Oak Bay                        1        $497,000    $497,000   $575,600   $497,000
                    Esquimalt                      2        $723,500    $361,750   $367,294   $361,750
                    View Royal                     2        $546,000    $273,000   $380,894   $273,000
                    Saanich East                   5       $2,345,000   $469,000   $491,939   $495,000
                    Saanich West                   2        $687,400    $343,700   $423,738   $343,700
                    Central Saanich                4       $1,385,000   $346,250   $390,956   $350,000
                    Sidney                         3       $1,424,900   $474,967   $419,033   $485,000
                    Colwood                        3       $1,286,000   $428,667   $376,800   $398,000
                    Langford                       8       $2,515,300   $314,413   $325,132   $330,300
                    Sooke                          1        $389,000    $389,000   $312,253   $389,000
                    Waterfront (all districts)     1        $945,000    $945,000   $688,607   $945,000

                Total Greater Victoria            45      $19,339,850   $429,774   $444,427   $375,000
                Other Areas

                    Gulf Islands                   1        $350,000    $350,000   $344,136   $350,000

                Total Other Areas                  1        $350,000    $350,000   $316,875   $350,000

           Total Townhouse                        46      $19,689,850   $428,040   $438,167   $374,500
        l Manufactured Homes
                Greater Victoria

                    View Royal                     1        $295,000    $295,000   $144,300   $295,000
                    Central Saanich                0         $80,000     $80,000   $142,020    $80,000
                    Sidney                         2        $385,000    $192,500   $218,312   $192,500
                    Langford                       1         $75,000     $75,000    $87,095    $75,000
                    Sooke                          4        $282,000     $70,500    $63,290    $55,500

                Total Greater Victoria             8       $1,117,000   $139,625   $137,415   $126,000
                Other Areas

                    Gulf Islands                   1        $160,000    $160,000   $205,340   $160,000
                    UpIsland / Mainland            1        $247,500    $247,500   $165,167   $247,500

                Total Other Areas                  2        $407,500    $203,750   $156,018   $203,750

           Total Manufactured Homes               10       $1,524,500   $152,450   $139,910   $160,000

     Total Residential                           461     $219,317,234




                                                                                                         2
Victoria Real Estate Board Multiple Listing Service ®
Monthly Sales Summary                                                                           October 2011
Tuesday, November 1, 2011

                Region                           Units   Total Volume    Average     6 Month    Median
                   District                                               Price      Average     Price


     Other Property
        l Lots & Acreage (Incl Wtrfrnt)
                Greater Victoria

                    Victoria                       1        $324,000     $324,000    $350,000   $324,000
                    Esquimalt                      1        $490,000     $490,000    $492,500   $490,000
                    View Royal                     2        $690,000     $345,000    $359,386   $345,000
                    Sooke                          4      $1,174,800     $293,700    $232,687   $244,900

                Total Greater Victoria             8      $2,678,800     $334,850    $313,612   $326,950
                Other Areas

                    Gulf Islands                   2        $687,000     $343,500    $257,731   $343,500
                    UpIsland / Mainland            1        $205,000     $205,000    $226,193   $205,000

                Total Other Areas                  3        $892,000     $297,333    $237,208   $257,000

           Total Lots & Acreage (Incl Wtrfrnt)    11      $3,570,800     $324,618    $288,758   $324,000

        l Commercial Land                           1      $3,100,000   $3,100,000

        l Other Commercial Properties             10       $9,138,937    $913,894



      Grand Totals                               483     $235,126,971




                                                                                                           3
Victoria Real Estate Board Multiple Listing Service ®
$250,000
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                                                                                                                                                                                                                      $300 000
                                                                                                                                                                                                                      $300,000
                                                                                                                                                                                                                                 $325,000
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                                                                    $325,000
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                                                                                                                                                                                                                                                                                                                                                     $575,000
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                                                                                                                                                                                                                                                                                                                                                                           $625,000
                                                                                                                                                                                                                                                                                                                                                                                      $650,000
                                                                                                                                                                                                                                                                                                                                                                                                 $675,000
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                                                        Jan 2011                                                                                                                    Jan 2011




Victoria Real Estate Board Multiple Listing Service ®
                                                                                                                                                                                                                                                                                                        Jan 2011
                                                        Feb 2011                                                                                                                    Feb 2011                                                                                                            Feb 2011
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200
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                                                        Sales
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                                                                                                                                                                                                                                                                                                                                  Total Active MLS® Listings




Victoria Real Estate Board Multiple Listing Service ®
                                                                   Feb 2011                                                                                                                           Feb 2011

                                                                   Mar 2011                                                                                                                           Mar 2011
                                                                                                                                                       Total New MLS® Listings and Total MLS® Sales
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Monthly Comparative Activity By Property Type                                                                                 October 2011
Tuesday, November 01, 2011

                                                    Current Month                                        Year To Date
                                   This Year             Last Year         % Change    This Year             Last Year        % Change
  Single Family - Residential
    Units Listed                            401                   361         11 %              5475                 5478         0 %
    Units Sold                              219                   203          8 %              2414                 2618        -8 %
    Sell/List Ratio                          55 %                  56 %                           44 %                 48 %
    Sales Dollars                  $122,514,709          $113,602,992          8 %    $1,398,522,392       $1,539,428,998        -9 %
    Average Price / Unit               $559,428              $559,621          0 %          $579,338             $588,017        -1 %
    Price Ratio                              97 %                  97 %                           97 %                 98 %
    Days To Sell                             63                    55         15 %                54                   42        28 %
    Active Listings at Month End           1437                  1167         23 %

  Single Family - Residential Waterfront
    Units Listed                             35                    27         30 %              517                   542        -5 %
    Units Sold                               12                    15        -20 %              147                   144         2 %
    Sell/List Ratio                          34 %                  56 %                          28 %                  27 %
    Sales Dollars                   $11,223,900           $20,956,000        -46 %     $160,041,831          $162,826,810        -2 %
    Average Price / Unit               $935,325            $1,397,067        -33 %       $1,088,720            $1,130,742        -4 %
    Price Ratio                              93 %                  90 %                          93 %                  93 %
    Days To Sell                            117                   115          1 %              113                    96        17 %
    Active Listings at Month End            283                   262          8 %

  Single Family - Residential Acreage
    Units Listed                             47                    47          0 %              734                   749        -2 %
    Units Sold                               21                    26        -19 %              223                   216         3 %
    Sell/List Ratio                          45 %                  55 %                          30 %                  29 %
    Sales Dollars                   $16,433,900           $19,367,000        -15 %     $152,880,518          $160,090,118        -5 %
    Average Price / Unit               $782,567              $744,885          5 %         $685,563              $741,158        -8 %
    Price Ratio                              95 %                  93 %                          96 %                  96 %
    Days To Sell                             95                   137        -30 %               92                    91         1 %
    Active Listings at Month End            325                   308          6 %

  Condominium
    Units Listed                           285                       283       1 %             3422                  3521        -3 %
    Units Sold                             145                       128      13 %             1397                  1537        -9 %
    Sell/List Ratio                          51 %                  45 %                          41 %                  44 %
    Sales Dollars                   $44,562,775           $41,410,840          8 %     $456,542,994          $496,335,079        -8 %
    Average Price / Unit               $307,329              $323,522         -5 %         $326,802              $322,925         1 %
    Price Ratio                              97 %                  96 %                          96 %                  97 %
    Days To Sell                             75                    82         -9 %               61                    54        13 %
    Active Listings at Month End           1066                   924         15 %


Victoria Real Estate Board Multiple Listing Service ®                                                                                    1
Monthly Comparative Activity By Property Type                                                                             October 2011
Tuesday, November 01, 2011

                                                   Current Month                                     Year To Date
                                   This Year            Last Year        % Change   This Year            Last Year        % Change
  Townhouse
    Units Listed                           155                   110        41 %            1402                 1233        14 %
    Units Sold                              46                    50        -8 %             551                  605        -9 %
    Sell/List Ratio                         30 %                  45 %                        39 %                 49 %
    Sales Dollars                  $19,689,850           $22,301,310       -12 %    $242,710,283         $268,551,754       -10 %
    Average Price / Unit              $428,040              $446,026        -4 %        $440,491             $443,887        -1 %
    Price Ratio                             97 %                  97 %                        98 %                 98 %
    Days To Sell                            83                    89        -7 %              63                   49        29 %
    Active Listings at Month End           434                   362        20 %

  Strata Duplex (Up and Down)
    Units Listed                               0                    0          %               9                   13       -31 %
    Units Sold                                 1                    1        0 %               5                    5         0 %
    Sell/List Ratio                            %                     %                        56 %                 38 %
    Sales Dollars                     $382,500              $455,000       -16 %      $2,190,500           $1,937,800        13 %
    Average Price / Unit              $382,500              $455,000       -16 %        $438,100             $387,560        13 %
    Price Ratio                             97 %                  97 %                        99 %                 98 %
    Days To Sell                           127                    28       354 %              55                   73       -25 %
    Active Listings at Month End             2                     4       -50 %

  Strata Duplex (Side by Side)
    Units Listed                            13                    11        18 %             152                  142         7 %
    Units Sold                               4                     5       -20 %              70                   72        -3 %
    Sell/List Ratio                         31 %                  45 %                        46 %                 51 %
    Sales Dollars                   $1,472,600            $1,948,700       -24 %     $29,120,999          $30,622,552        -5 %
    Average Price / Unit              $368,150              $389,740        -6 %        $416,014             $425,313        -2 %
    Price Ratio                             99 %                  98 %                        97 %                 98 %
    Days To Sell                            89                   124       -28 %              64                   50        29 %
    Active Listings at Month End            41                    27        52 %

  Strata Duplex (Front and Back)
    Units Listed                               4                    3       33 %                59                   49      20 %
    Units Sold                                 2                    1      100 %                25                   22      14 %
    Sell/List Ratio                         50 %                  33 %                        42 %                 45 %
    Sales Dollars                     $797,500              $345,000       131 %     $11,187,400           $9,991,700        12 %
    Average Price / Unit              $398,750              $345,000        16 %        $447,496             $454,168        -1 %
    Price Ratio                             97 %                  99 %                        97 %                 99 %
    Days To Sell                            19                    19        -3 %              49                   38        31 %
    Active Listings at Month End            11                    13       -15 %


Victoria Real Estate Board Multiple Listing Service ®                                                                                2
Monthly Comparative Activity By Property Type                                                                                      October 2011
Tuesday, November 01, 2011

                                                        Current Month                                         Year To Date
                                   This Year                 Last Year            % Change   This Year            Last Year        % Change
  Recreational
    Units Listed                                1                         2         -50 %             27                    18        50 %
    Units Sold                                  0                         0             %              4                     1       300 %
    Sell/List Ratio                             0 %                       0 %                         15 %                   6 %
    Sales Dollars                              $0                        $0             %     $1,437,500              $383,000       275 %
    Average Price / Unit                                                                %       $359,375              $383,000        -6 %
    Price Ratio                                     %                         %                       94 %                  99 %
    Days To Sell                                                                        %            102                   312       -67 %
    Active Listings at Month End               14                        11          27 %

  Manufactured Home
    Units Listed                            31                         22            41 %            336                   330         2 %
    Units Sold                              10                         15           -33 %            131                   135        -3 %
    Sell/List Ratio                         32 %                       68 %                           39 %                  41 %
    Sales Dollars                   $1,524,500                 $3,792,900           -60 %    $18,131,350           $20,351,029       -11 %
    Average Price / Unit              $152,450                   $252,860           -40 %       $138,407              $150,748        -8 %
    Price Ratio                             94 %                       97 %                           93 %                  95 %
    Days To Sell                            96                         69            40 %             86                    81         7 %
    Active Listings at Month End           128                        109            17 %

  Residential Lots
    Units Listed                            11                         24           -54 %            320                   367       -13 %
    Units Sold                               3                          7           -57 %             74                   127       -42 %
    Sell/List Ratio                         27 %                       29 %                           23 %                  35 %
    Sales Dollars                     $748,900                 $2,989,076           -75 %    $23,034,883           $40,682,318       -43 %
    Average Price / Unit              $249,633                   $427,011           -42 %       $311,282              $320,333        -3 %
    Price Ratio                             94 %                       98 %                           95 %                  95 %
    Days To Sell                            39                        204           -81 %             87                   131       -33 %
    Active Listings at Month End           208                        198             5 %

  Residential Lots - Waterfront
    Units Listed                               3                          4         -25 %                71                   83     -14 %
    Units Sold                                 3                          1         200 %                15                   16      -6 %
    Sell/List Ratio                        100 %                       25 %                           21 %                  19 %
    Sales Dollars                   $1,465,000                 $1,950,000           -25 %     $7,451,000            $9,053,000       -18 %
    Average Price / Unit              $488,333                 $1,950,000           -75 %       $496,733              $565,813       -12 %
    Price Ratio                             93 %                       87 %                           92 %                  93 %
    Days To Sell                            76                         46            66 %            115                    66        74 %
    Active Listings at Month End            46                         37            24 %


Victoria Real Estate Board Multiple Listing Service ®                                                                                         3
Monthly Comparative Activity By Property Type                                                                                         October 2011
Tuesday, November 01, 2011

                                                          Current Month                                         Year To Date
                                     This Year                 Last Year            % Change   This Year            Last Year         % Change
  Residential Acreage
    Units Listed                              17                         11            55 %            228                   257        -11 %
    Units Sold                                 5                          2           150 %             44                    66        -33 %
    Sell/List Ratio                           29 %                       18 %                           19 %                  26 %
    Sales Dollars                     $1,356,900                   $500,000           171 %    $20,141,800           $20,809,625         -3 %
    Average Price / Unit                $271,380                   $250,000             9 %       $457,768              $315,297         45 %
    Price Ratio                               93 %                       88 %                           85 %                  92 %
    Days To Sell                             156                         18           766 %            221                   202          9 %
    Active Listings at Month End             207                        189            10 %

  Residential Acreage - Waterfront
    Units Listed                                  5                         1         400 %             81                     97       -16 %
    Units Sold                                    0                         0             %              5                      3        67 %
    Sell/List Ratio                               0 %                       0 %                          6 %                    3 %
    Sales Dollars                                $0                        $0             %     $4,171,000            -$1,059,000       -494 %
    Average Price / Unit                                                                  %       $834,200              -$353,000       -336 %
    Price Ratio                                       %                         %                       83 %                  131 %
    Days To Sell                                                                          %            198                     60       228 %
    Active Listings at Month End                 87                        70          24 %

  Revenue - Duplex/Triplex
    Units Listed                               7                          2           250 %             56                    56          0 %
    Units Sold                                 1                          1             0 %             17                    21        -19 %
    Sell/List Ratio                           14 %                       50 %                           30 %                  38 %
    Sales Dollars                       $715,000                   $670,000             7 %    $11,191,000           $14,318,900        -22 %
    Average Price / Unit                $715,000                   $670,000             7 %       $658,294              $681,852         -3 %
    Price Ratio                               95 %                       94 %                           97 %                  95 %
    Days To Sell                              52                         11           373 %             55                    41         34 %
    Active Listings at Month End              23                         11           109 %

  Revenue - Multi Units
    Units Listed                                 2                          1         100 %                36                   41      -12 %
    Units Sold                                   0                          2        -100 %                12                   14      -14 %
    Sell/List Ratio                               0 %                   200 %                           33 %                  34 %
    Sales Dollars                                $0              $1,679,750          -100 %    $14,175,000           $14,028,750          1 %
    Average Price / Unit                                           $839,875               %     $1,181,250            $1,002,054         18 %
    Price Ratio                                       %                  93 %                           96 %                  95 %
    Days To Sell                                                         65               %             74                    45         64 %
    Active Listings at Month End                 10                      11            -9 %


Victoria Real Estate Board Multiple Listing Service ®                                                                                            4
Monthly Comparative Activity By Property Type                                                                                           October 2011
Tuesday, November 01, 2011

                                                        Current Month                                              Year To Date
                                   This Year                 Last Year             % Change   This Year                Last Year        % Change
  Revenue - Apartment Block
    Units Listed                             2                          1            100 %              6                        16       -63 %
    Units Sold                               1                          2            -50 %              2                         6       -67 %
    Sell/List Ratio                         50 %                      200 %                            33 %                      38 %
    Sales Dollars                   $7,875,000                 $2,650,000            197 %     $9,784,000                $9,295,000         5 %
    Average Price / Unit            $7,875,000                 $1,325,000            494 %     $4,892,000                $1,549,167       216 %
    Price Ratio                             95 %                       95 %                            96 %                      94 %
    Days To Sell                            66                         97             -32 %            64                        68        -6 %
    Active Listings at Month End             3                          3               0 %

  Revenue - Commercial
    Units Listed                             3                         20             -85 %            71                        86       -17 %
    Units Sold                               1                          1               0 %             8                        14       -43 %
    Sell/List Ratio                         33 %                        5 %                            11 %                      16 %
    Sales Dollars                     $535,000                   $340,000             57 %     $9,802,800                $7,687,000        28 %
    Average Price / Unit              $535,000                   $340,000             57 %     $1,225,350                  $549,071       123 %
    Price Ratio                             89 %                       99 %                            91 %                      92 %
    Days To Sell                           191                         21            810 %            140                       140        -1 %
    Active Listings at Month End            47                         43              9 %

  Revenue - Industrial
    Units Listed                               0                          0              %                0                       1       -100 %
    Units Sold                                 0                          0              %                0                       1       -100 %
    Sell/List Ratio                                 %                         %                                %                100 %
    Sales Dollars                              $0                        $0              %                $0               $279,000       -100 %
    Average Price / Unit                                                                 %                                 $279,000            %
    Price Ratio                                     %                         %                                %                100 %
    Days To Sell                                                                         %                                       68           %
    Active Listings at Month End               1                          0              %

  Business with Land & Building
    Units Listed                               5                         11           -55 %               99                       92       8 %
    Units Sold                                 5                          3            67 %               21                       19      11 %
    Sell/List Ratio                        100 %                          27 %                         21 %                      21 %
    Sales Dollars                     $694,915                           $39      1781734 %    $7,418,950                $9,883,351       -25 %
    Average Price / Unit              $138,983                           $13      1069000 %      $353,283                  $520,176       -32 %
    Price Ratio                             84 %                             %                         91 %                      98 %
    Days To Sell                           168                           211          -20 %           185                       100        84 %
    Active Listings at Month End            65                            57           14 %


Victoria Real Estate Board Multiple Listing Service ®                                                                                              5
Monthly Comparative Activity By Property Type                                                                                       October 2011
Tuesday, November 01, 2011

                                                      Current Month                                         Year To Date
                                   This Year               Last Year            % Change   This Year            Last Year           % Change
  Business Only
    Units Listed                            22                          9         144 %            134                   130            3 %
    Units Sold                               1                          0             %             19                    25          -24 %
    Sell/List Ratio                          5 %                        0 %                         14 %                  19 %
    Sales Dollars                      $34,000                         $0             %     $1,651,188            $3,380,428          -51 %
    Average Price / Unit               $34,000                                        %        $86,905              $135,217          -36 %
    Price Ratio                             87 %                            %                       83 %                  85 %
    Days To Sell                            76                                        %            119                   136          -13 %
    Active Listings at Month End            69                         62          11 %

  Motel/Hotel
    Units Listed                             1                          0             %             13                    21          -38 %
    Units Sold                               1                          0             %              4                     2          100 %
    Sell/List Ratio                        100 %                            %                       31 %                  10 %
    Sales Dollars                   $3,100,000                         $0             %     $6,345,008            $2,437,500          160 %
    Average Price / Unit            $3,100,000                                        %     $1,586,252            $1,218,750           30 %
    Price Ratio                             78 %                            %                       89 %                  89 %
    Days To Sell                           532                                        %            278                   186           50 %
    Active Listings at Month End             9                         14         -36 %

  Lease - Office
    Units Listed                             9                          9           0 %             57                       65       -12 %
    Units Sold                               1                          0             %              8                        7        14 %
    Sell/List Ratio                         11 %                        0 %                         14 %                     11 %
    Sales Dollars                          $14                         $0             %           $112                      $93        21 %
    Average Price / Unit                   $14                                        %            $14                      $13         6 %
    Price Ratio                                %                            %                          %                        %
    Days To Sell                           256                                        %            150                      129        16 %
    Active Listings at Month End            41                         47         -13 %

  Lease - Retail
    Units Listed                               8                        7          14 %                51                   59        -14 %
    Units Sold                                 1                        2         -50 %                11                   18        -39 %
    Sell/List Ratio                            13 %                     29 %                        22 %                  31 %
    Sales Dollars                              $8                      $30        -75 %           $165               $51,864          -100 %
    Average Price / Unit                       $8                      $15        -49 %            $15                $2,881           -99 %
    Price Ratio                                   %                        %                           %             -152541 %
    Days To Sell                               64                      466        -86 %            103                   200          -48 %
    Active Listings at Month End               33                       40        -18 %


Victoria Real Estate Board Multiple Listing Service ®                                                                                          6
Monthly Comparative Activity By Property Type                                                                                              October 2011
Tuesday, November 01, 2011

                                                        Current Month                                             Year To Date
                                   This Year                 Last Year            % Change   This Year                Last Year            % Change
  Lease - Warehouse
    Units Listed                               0                          0             %                0                         0             %
    Units Sold                                 0                          0             %                0                         0             %
    Sell/List Ratio                                 %                         %                               %                        %
    Sales Dollars                              $0                        $0             %                $0                       $0             %
    Average Price / Unit                                                                %                                                        %
    Price Ratio                                     %                         %                               %                        %
    Days To Sell                                                                        %                                                        %
    Active Listings at Month End               0                          0             %

  Lease - Industrial
    Units Listed                               0                          0             %                 1                         2         -50 %
    Units Sold                                 0                          0             %                 0                         1        -100 %
    Sell/List Ratio                                 %                         %                           0 %                      50 %
    Sales Dollars                              $0                        $0             %                $0                       $13        -100 %
    Average Price / Unit                                                                %                                         $13             %
    Price Ratio                                     %                         %                               %                   -87 %
    Days To Sell                                                                        %                                         106            %
    Active Listings at Month End               2                          1         100 %

  Lease - Other
    Units Listed                               11                          6         83 %             86                        63            37 %
    Units Sold                                  0                          2       -100 %              8                        12           -33 %
    Sell/List Ratio                             0 %                       33 %                         9 %                      19 %
    Sales Dollars                              $0                        $25       -100 %           $168                   $24,671           -99 %
    Average Price / Unit                                                 $12            %            $21                    $2,056           -99 %
    Price Ratio                                     %                        %                           %                 -154192 %
    Days To Sell                                                         175            %            117                       144           -19 %
    Active Listings at Month End               48                         40         20 %

  Commercial Land
    Units Listed                               8                          4         100 %                50                       48           4 %
    Units Sold                                 0                          0             %                 4                       11         -64 %
    Sell/List Ratio                             0 %                       0 %                          8 %                      23 %
    Sales Dollars                              $0                        $0             %         $3,045               $10,462,510           -100 %
    Average Price / Unit                                                                %           $761                  $951,137           -100 %
    Price Ratio                                     %                         %                          %                      92 %
    Days To Sell                                                                        %            338                       189            79 %
    Active Listings at Month End               47                        36          31 %


Victoria Real Estate Board Multiple Listing Service ®                                                                                                 7
Monthly Comparative Activity By Property Type                                                                                October 2011
Tuesday, November 01, 2011

                                                    Current Month                                       Year To Date
                                   This Year             Last Year        % Change     This Year            Last Year        % Change


  Grand Totals
    Units Listed                          1086                    976        11 %             13493                13559         0 %
    Units Sold                             483                    467         3 %              5219                 5718        -9 %
    Sell/List Ratio                          44 %                  48 %                          39 %                 42 %
    Sales Dollars                  $235,126,971          $234,958,661         0 %    $2,587,935,886       $2,831,853,862        -9 %
    Average Price / Unit              $486,805               $503,123        -3 %          $495,868             $495,253         0 %
    Price Ratio                             96 %                   96 %                          97 %                 97 %
    Days To Sell                            76                     79        -4 %                65                   56        16 %
    Active Listings at Month End          4687                   4046        16 %




Victoria Real Estate Board Multiple Listing Service ®                                                                                   8
Reported Sales By Price Range - Single Family                                                                                                                                                        October 2011
Tuesday, November 01, 2011

      Price Ranges         Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
    Min          Max        CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD

10,000,000   -
 9,000,000   - 9,999,999
 8,000,000   - 8,999,999
 7,000,000   - 7,999,999
 6,000,000   - 6,999,999                                                                     1
 5,000,000   - 5,999,999
 4,500,000   - 4,999,999
 4,000,000   - 4,499,999
 3,500,000   - 3,999,999                                                                                                         1
 3,000,000   - 3,499,999                                   1                                -1                                                                                                                                1
 2,500,000   - 2,999,999            .1         1                                             1
 2,000,000   - 2,499,999     .4     .4                     5                                 2     1     2           1                                                                                            1
 1,750,000   - 1,999,999     .8     .6         1           4                                 3           2           1                                                                                      1     4     1     1
 1,500,000   - 1,749,999    1.2    1.0   2     6           8                                 5                       3           5                                                  1     1
 1,250,000   - 1,499,999     .4    1.3         3     1    12           1                     7           5           3           2           3                                            1                       1           1
 1,000,000   - 1,249,999    2.7    2.9   2    12     2    24           1                    19           4     1     6           5           2                           2    2           2           3           4
   950,000   - 999,999      1.2     .9         2     1     6                       1    1    5           4           1           2                                       1    1                                   3           1
   900,000   - 949,999      1.2    1.1   1     6           2           1           1         7     1     3           2           5                                            1     1     1           1           3
   850,000   - 899,999      1.5    2.3         9           7                       1    1   24           8           2     1     9                     1           2     1    2     1     1                       2
   800,000   - 849,999      4.2    3.7        13     1    18                       3    6   34           8           3     3    14     1     1         3           1          2           1           1           3           2
   750,000   - 799,999      5.8    4.7   2    19     3    16                 1     3    5   49           7           3          15           2    1    1     2     3     1   11           2           1           4
   700,000   - 749,999      4.2    4.4   5    24     1    18           1     1     4    2   40           2           4           6                           1     6     1   10           2           1           4           6
   650,000   - 699,999      2.7    5.8        19     1    21                       8    3   47          12           6     3    11           2                     8         11           6           5           9           2
   600,000   - 649,999     10.0    9.1   2    28     1    24           5     1     4    7   82     1    17     3     9     3    22           3         2     2     9     1   30     1     7     2     6     2    10           5
   550,000   - 599,999      8.8   11.1        47     1    13     2    15     2     8    5   89     1    24     1    34     2    12           7    1    3     2     7     4   32           5     2     9           9           7
   500,000   - 549,999     13.5   11.6   7    35           7     1    19          11    9   78     1    36     7    33           6     2    18         3     1    20     4   44           3     3     9           5          11
   450,000   - 499,999     12.7   12.9   2    63           2     1    15     1    11    3   37     5    53     4    21           2     5    21         2     2    28     5   71                 1    14     3    14     1    21
   400,000   - 449,999     12.7   11.8   6    43                 2    20           8    2   23     5    51     3    12                 3    23               6    31     2   67           2          34     3    16     1    12
   350,000   - 399,999      8.8    8.1   4    24                      14           1    1   14     3    21     1     3     1     3     1     7         1     1    15     1   40           1     5    40     1    18     4    32
   300,000   - 349,999      3.5    3.6   2     8                      10                     1     1     2           2                                             7     2   11                 3    40           9     1    14
         0   - 299,999      3.8    2.7         3                                             1           1                                   2                     2          3                 6    26     3    30     1    10
             Total Units    260 2903     35   366   12    188    6    102    6    64   45   568   19    262   20    149   13    120   12    91    2    16   17    139   25   338    4    35    22    190   13    149    9    126
          Percentages       100   100 13.5 12.6     4.6   6.5   2.3   3.5   2.3   2.2 17.3 19.6   7.3   9.0   7.7   5.1   5.0   4.1   4.6   3.1   .8   .6   6.5   4.8   9.6 11.6   1.5   1.2   8.5   6.5   5.0   5.1   3.5   4.3




Victoria Real Estate Board Multiple Listing Service ®                                                                                                                                                                          1
Reported Sales By Price Range - Condominium                                                                                                                        October 2011
Tuesday, November 01, 2011

      Price Ranges         Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
    Min          Max        CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD

 1,000,000   -               .7    1.0   1     7           1           4                                                         2
   975,000   -   999,999
   950,000   -   974,999            .1                                                        1
   925,000   -   949,999            .1                                                                                           1
   900,000   -   924,999            .1                                 1
   875,000   -   899,999            .1                     1
   850,000   -   874,999            .1         1                                                                1
   825,000   -   849,999
   800,000   -   824,999
   775,000   -   799,999     .7     .4   1     3           1                                  1                                                         1
   750,000   -   774,999            .3         1                                              2                      1
   725,000   -   749,999     .7     .5   1     5           2
   700,000   -   724,999            .2         2                                                                                                        1
   675,000   -   699,999    1.4     .6         1           2                                  3                      1                            2     2
   650,000   -   674,999     .7     .9         6           1           1                 1    1                                  3
   625,000   -   649,999            .5         6           1
   600,000   -   624,999     .7     .3         3                 1     1
   575,000   -   599,999     .7     .9   1     6           1           1                                                         4
   550,000   -   574,999     .7     .4   1     6
   525,000   -   549,999     .7    1.6   1    15           1                                  2                                  3                      1
   500,000   -   524,999            .9         8           1                                  2                                  3                                 -1
   475,000   -   499,999    2.1    1.2   1    11     1     4                                                                     1                1     1
   450,000   -   474,999    2.1    1.5   1    11           3                                  2     1     1                1     3                      1
   425,000   -   449,999    2.8    1.8   2    19                                         1    2                                  2                1     2
   400,000   -   424,999    2.8    2.8   2    20           3           6                      4           1     1          1     2                1     2
   375,000   -   399,999    4.1    5.2   3    44     1     7           2           2          2           3     1                7           1    2     3
   350,000   -   374,999    2.8    5.8   2    54           3           4           3          4     2     2     2                3                      5                            1
   325,000   -   349,999    9.0    7.6   8    58           4           1     1     6     1   15           2     5          1     8                2     8          -1
   300,000   -   324,999   11.7   10.7   7    58           2     1    11     3    10     3   23     1    14     3                6                2    23          -1                1
   275,000   -   299,999    6.9   12.1   7    81                 1    14           3     1   29           4     3          1    16           4         15
   250,000   -   274,999   10.3   12.0   9    84                 3    11     1     7         18     1    16     3          1    11     1     6   -1    12          -1
   225,000   -   249,999   11.7   11.5   4    70           1     1    15     2     7     3   29     2     9     1                3           3    5    22                            1
   200,000   -   224,999   10.3    9.2   7    58     1     8     2    14           2         15     2    11                      5     1     4    2    11                            1
   175,000   -   199,999    9.0    5.0   8    46           3           3                 2    6           7                2     2                      1     1    2
   150,000   -   174,999    4.8    2.7   4    16                       2                      3     1     6                2     7                      2          2
         0   -   149,999    2.8    1.9   1    11                                                                           1     2           2    2     4          3                 5
             Total Units    145 1397     72   711    3    50     9    91     7    40    12   164   10    76    20    2    10    94     2    20   19    117    1    3                 9
          Percentages       100   100 49.7 50.9     2.1   3.6   6.2   6.5   4.8   2.9   8.3 11.7   6.9   5.4   1.4   .1   6.9   6.7   1.4   1.4 13.1   8.4    .7   .2                .6




Victoria Real Estate Board Multiple Listing Service ®                                                                                                                                    2
Reported Sales By Price Range - Townhouse                                                                                                                                October 2011
Tuesday, November 01, 2011

      Price Ranges         Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
    Min          Max        CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD

 1,000,000   -                     1.1         3                                             3
   975,000   -   999,999            .4         2
   950,000   -   974,999            .2         1
   925,000   -   949,999    2.2     .4                                                  1    2
   900,000   -   924,999
   875,000   -   899,999            .2         1
   850,000   -   874,999
   825,000   -   849,999            .2         1
   800,000   -   824,999    2.2     .4   1     2
   775,000   -   799,999            .5         3
   750,000   -   774,999            .4                     1                                                                                                              1
   725,000   -   749,999    2.2     .7   1     2                                                         1           1
   700,000   -   724,999            .7         1           1                                 1                                         1
   675,000   -   699,999           1.8         4           1                                 3                                         2
   650,000   -   674,999           1.3         1                                             4                       1                 1
   625,000   -   649,999    2.2    2.0                                                       7           2                       1     2
   600,000   -   624,999    2.2    1.6         2           1                            1    4           1           1
   575,000   -   599,999    4.3    2.9   2     4                                             9                       2                 1
   550,000   -   574,999    2.2    2.4                     4                                 3                       3     1           1     1     1
   525,000   -   549,999    2.2    5.8   1     6           1           1           6         5           1           1     4           4           3
   500,000   -   524,999    6.5    4.0   2     8                                   4    1    7                             2           2                                 -1
   475,000   -   499,999    6.5    6.0        13     1     1                       3    1    6                       2     2     1     3           2                                  1
   450,000   -   474,999    2.2    5.4   1     5                       2           1         9           2           3     1           3           2                                  2
   425,000   -   449,999    2.2    5.8   1     8                       2           3         7           8                                         1                      3
   400,000   -   424,999           8.3         5                       3           5        15          10           1                 3           3          1
   375,000   -   399,999   13.0   11.0   1     9                       3     1     4    1   14           2     1    10                 3     1     6          8     1     1           1
   350,000   -   374,999   15.2   10.5   1     6                 2     6                     3           5     1    12                 4           6    2    14                 1     1    1
   325,000   -   349,999   19.6    8.5   2    12                       1                1    3     2     5     1     9                 2                3    10           4           1
   300,000   -   324,999    4.3    6.1         3                       3           1                     1     1     4                 3     1     3          7           5           3    1
   275,000   -   299,999    2.2    5.8         4                                   4                     5           1           1     6           3          1           4           4
   250,000   -   274,999    6.5    3.6         1                       1                     1           2                             3                3     7           3                2
   225,000   -   249,999            .9                                 1                                 1                                                    2           1
   200,000   -   224,999
   175,000   -   199,999
   150,000   -   174,999    2.2     .5                                       1     2                                 1
         0   -   149,999            .7                                             3                                                                                                       1
             Total Units     46   553    13   107    1    10     2    23     2    36    6   106    2    46     4    52    10     3    44     3    30    8    50     1    21     1    13    5
          Percentages       100   100 28.3 19.3     2.2   1.8   4.3   4.2   4.3   6.5 13.0 19.2   4.3   8.3   8.7   9.4   1.8   6.5   8.0   6.5   5.4 17.4   9.0   2.2   3.8   2.2   2.4   .9




Victoria Real Estate Board Multiple Listing Service ®                                                                                                                                       3
Reported Sales By Price Range - Manufactured Homes                                                                                                                October 2011
Tuesday, November 01, 2011

      Price Ranges         Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
    Min          Max        CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD

   300,000   -                    2.3                                                                                 1                                            1                     1
   290,000   -   299,999 10.0      .8                              1    1
   280,000   -   289,999           .8                                                                                 1
   270,000   -   279,999
   260,000   -   269,999          1.5                                   1                                             1
   250,000   -   259,999           .8                                                                                 1
   240,000   -   249,999 10.0     2.3                                                                                 1                                                       1    1     1
   230,000   -   239,999          4.6                                                                2                3                         1
   220,000   -   229,999          1.5                                                                                 1                                                       1
   210,000   -   219,999 10.0     3.1                                                                1          1     1                                            1          1
   200,000   -   209,999          1.5                                                                                 1                                            1
   190,000   -   199,999          3.1                                                                1                1                                            1          1
   180,000   -   189,999          2.3                                   1                            1                                                                        1
   170,000   -   179,999 20.0     3.8                                   1                     1      3          1     1
   160,000   -   169,999 10.0     6.1                                   2                            1                                          1                  2    1     2
   150,000   -   159,999
   140,000   -   149,999          3.1                                   1                                                                       2                  1
   130,000   -   139,999          6.9                                   1                            4                                          4
   120,000   -   129,999 10.0     6.9                                   3                            3                                                        1    1                     2
   110,000   -   119,999          3.1                                   2                            1                                          1
   100,000   -   109,999          3.8                                   3                                                                       2
    90,000   -    99,999 -10.0    5.3                                   2                     -1     2                                          3
    80,000   -    89,999          8.4                                   3                                                                       4                  2                     2
    70,000   -    79,999 10.0     2.3                                                                                                       1   2                  1
    60,000   -    69,999 10.0     3.8                                   2                                                                                     1    2          1
    50,000   -    59,999          4.6                                   1                                                                       2         1        1                     1
    40,000   -    49,999 20.0     6.1                                   1                                                                       2             2    4                     1
    30,000   -    39,999          4.6                                                                                                           2         1        2                     1
    20,000   -    29,999          4.6                                                                                                           2                  4
         0   -    19,999          2.3                                                                                                                              3
             Total Units     10   131                              1   25                           19           2   13                     1   28        2   4   27    1     8    1     9
          Percentages       100   100                            10.0 19.1                         14.5       20.0   9.9                 10.0 21.4      1.5 40.0 20.6 10.0   6.1 10.0   6.9




Victoria Real Estate Board Multiple Listing Service ®                                                                                                                                     4

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Nov 1st 2011 Vreb Statistics

  • 1. November 1, 2011 Real Estate Activity Increases in October Real estate sales activity showed a modest increase throughout Greater Victoria last month with a total of 483 homes and other properties selling through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), up from 458 sales in September. There were 467 sales in October of last year. Overall prices, meantime, remained mixed, depending on price measure and property type. Victoria Real Estate Board President, Dennis Fimrite, said the increase in sales activity is good news and reflects ongoing stability in the market, “It is encouraging to note that sales last month were higher than in the previous month and compared to October of last year.” Fimrite added that there will always be month-to-month fluctuations in prices and that average prices are particularly susceptible to change depending on whether more higher priced or lower priced properties sell in a particular month. “There was some general softening in most price measures last month but it is interesting to note that while the overall average price for single family homes declined last month, the median price actually rose by almost $5,000,” noted Fimrite. He added that that there were 14 single family home sales of over $1 million in September including one on the Gulf Islands. Fimrite added that the number of properties available for sale eased last month though inventory levels remained 16 per cent higher than a year ago. “The number of properties available for sale declined last month to 4,687 compared to 4,940 at the end of September.” The average price for single-family homes sold in Greater Victoria last month was $595,836, down from $622,393 in September. However, the median price increased to $539,750 while the six-month average decreased slightly to $619,828. The overall average price for condominiums last month was $307,329, down from $332,490 in September. The median price for condominiums in October declined only slightly to $277,000 while the average for the last six months declined to $323,039. The average price of all townhomes sold last month was $428,040 compared to $436,039 in September. The median price declined to $374,500 while the six month average declined to $438,167. MLS® sales last month included 260 single family homes, 145 condominiums, 46 townhomes and 10 manufactured homes. - 30 - While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®. FOR MORE INFORMATION, CONTACT Michael Sampson 3035 Nanaimo St., Victoria, BC V8T 4W2 Manager, Communications Telephone (250) 385 7766 & Professional Standards Facsimile (250) 385 8773 msampson@vreb.org www.vreb.org
  • 2. Monthly Sales Summary October 2011 Tuesday, November 1, 2011 Region Units Total Volume Average 6 Month Median District Price Average Price Residential l Single Family Greater Victoria Victoria 29 $16,812,400 $579,738 $609,016 $530,000 Victoria West 4 $1,898,100 $474,525 $449,392 $468,550 Oak Bay 12 $10,191,000 $849,250 $929,787 $785,000 Esquimalt 6 $2,958,450 $493,075 $453,715 $494,750 View Royal 6 $3,750,000 $625,000 $587,063 $608,500 Saanich East 45 $28,634,477 $636,322 $640,762 $615,500 Saanich West 19 $10,906,100 $574,005 $583,759 $457,000 Central Saanich 20 $10,759,293 $537,965 $605,207 $511,250 North Saanich 13 $8,748,500 $672,962 $685,724 $650,000 Sidney 11 $5,061,000 $460,091 $468,239 $460,000 Highlands 2 $1,360,000 $680,000 $639,375 $680,000 Colwood 17 $9,032,300 $531,312 $508,835 $472,500 Langford 24 $14,200,522 $591,688 $508,231 $539,825 Metchosin 3 $2,424,500 $808,167 $646,358 $876,500 Sooke 20 $7,913,400 $395,670 $375,117 $377,750 Waterfront (all districts) 7 $7,158,900 $1,022,700 $1,193,844 $860,000 Total Greater Victoria 238 $141,808,942 $595,836 $619,828 $539,750 Other Areas Shawnigan Lake / Malahat 4 $1,422,380 $355,595 $409,636 $357,000 Gulf Islands 8 $2,759,887 $344,986 $425,807 $393,000 UpIsland / Mainland 5 $3,483,900 $696,780 $465,452 $380,000 Waterfront (all districts) 5 $4,065,000 $813,000 $924,114 $600,000 Total Other Areas 22 $11,731,167 $533,235 $535,562 $407,000 Total Single Family 260 $153,540,109 $590,539 $611,754 $530,000 l Condominium Greater Victoria Victoria 60 $18,323,825 $305,397 $321,738 $287,500 Victoria West 9 $3,149,600 $349,956 $364,768 $322,500 Oak Bay 1 $205,000 $205,000 $397,759 $205,000 Esquimalt 8 $2,030,500 $253,813 $301,437 $259,500 View Royal 6 $1,642,800 $273,800 $286,649 $280,450 Saanich East 12 $3,660,400 $305,033 $292,608 $287,500 Saanich West 10 $2,821,400 $282,140 $269,223 $253,200 Central Saanich 0 $0 $0 $294,695 $0 Sidney 10 $2,648,900 $264,890 $311,292 $232,500 Colwood 2 $489,750 $244,875 $251,942 $244,875 Langford 19 $6,306,600 $331,926 $288,120 $310,000 Waterfront (all districts) 8 $3,284,000 $410,500 $501,038 $366,000 Total Greater Victoria 145 $44,562,775 $307,329 $323,493 $277,000 Total Condominium 145 $44,562,775 $307,329 $323,039 $277,000 1 Victoria Real Estate Board Multiple Listing Service ®
  • 3. Monthly Sales Summary October 2011 Tuesday, November 1, 2011 Region Units Total Volume Average 6 Month Median District Price Average Price l Townhouse Greater Victoria Victoria 10 $4,923,250 $492,325 $505,569 $445,000 Victoria West 3 $1,672,500 $557,500 $545,200 $575,000 Oak Bay 1 $497,000 $497,000 $575,600 $497,000 Esquimalt 2 $723,500 $361,750 $367,294 $361,750 View Royal 2 $546,000 $273,000 $380,894 $273,000 Saanich East 5 $2,345,000 $469,000 $491,939 $495,000 Saanich West 2 $687,400 $343,700 $423,738 $343,700 Central Saanich 4 $1,385,000 $346,250 $390,956 $350,000 Sidney 3 $1,424,900 $474,967 $419,033 $485,000 Colwood 3 $1,286,000 $428,667 $376,800 $398,000 Langford 8 $2,515,300 $314,413 $325,132 $330,300 Sooke 1 $389,000 $389,000 $312,253 $389,000 Waterfront (all districts) 1 $945,000 $945,000 $688,607 $945,000 Total Greater Victoria 45 $19,339,850 $429,774 $444,427 $375,000 Other Areas Gulf Islands 1 $350,000 $350,000 $344,136 $350,000 Total Other Areas 1 $350,000 $350,000 $316,875 $350,000 Total Townhouse 46 $19,689,850 $428,040 $438,167 $374,500 l Manufactured Homes Greater Victoria View Royal 1 $295,000 $295,000 $144,300 $295,000 Central Saanich 0 $80,000 $80,000 $142,020 $80,000 Sidney 2 $385,000 $192,500 $218,312 $192,500 Langford 1 $75,000 $75,000 $87,095 $75,000 Sooke 4 $282,000 $70,500 $63,290 $55,500 Total Greater Victoria 8 $1,117,000 $139,625 $137,415 $126,000 Other Areas Gulf Islands 1 $160,000 $160,000 $205,340 $160,000 UpIsland / Mainland 1 $247,500 $247,500 $165,167 $247,500 Total Other Areas 2 $407,500 $203,750 $156,018 $203,750 Total Manufactured Homes 10 $1,524,500 $152,450 $139,910 $160,000 Total Residential 461 $219,317,234 2 Victoria Real Estate Board Multiple Listing Service ®
  • 4. Monthly Sales Summary October 2011 Tuesday, November 1, 2011 Region Units Total Volume Average 6 Month Median District Price Average Price Other Property l Lots & Acreage (Incl Wtrfrnt) Greater Victoria Victoria 1 $324,000 $324,000 $350,000 $324,000 Esquimalt 1 $490,000 $490,000 $492,500 $490,000 View Royal 2 $690,000 $345,000 $359,386 $345,000 Sooke 4 $1,174,800 $293,700 $232,687 $244,900 Total Greater Victoria 8 $2,678,800 $334,850 $313,612 $326,950 Other Areas Gulf Islands 2 $687,000 $343,500 $257,731 $343,500 UpIsland / Mainland 1 $205,000 $205,000 $226,193 $205,000 Total Other Areas 3 $892,000 $297,333 $237,208 $257,000 Total Lots & Acreage (Incl Wtrfrnt) 11 $3,570,800 $324,618 $288,758 $324,000 l Commercial Land 1 $3,100,000 $3,100,000 l Other Commercial Properties 10 $9,138,937 $913,894 Grand Totals 483 $235,126,971 3 Victoria Real Estate Board Multiple Listing Service ®
  • 5. $250,000 $275,000 $300 000 $300,000 $325,000 $350,000 $375,000 $400,000 $325,000 $350,000 $375,000 $400,000 $425,000 $450,000 $475,000 $500,000 $500,000 $525,000 $550,000 $575,000 $600,000 $625,000 $650,000 $675,000 Oct 2009 Oct 2009 Oct 2009 Nov 2009 Nov 2009 Nov 2009 Dec 2009 Dec 2009 Dec 2009 Tuesday, November 01, 2011 Jan 2010 Jan 2010 Jan 2010 Feb 2010 Feb 2010 Feb 2010 Average Selling Prices Mar 2010 Mar 2010 Mar 2010 Apr 2010 Apr 2010 Apr 2010 May 2010 May 2010 May 2010 Jun 2010 Jun 2010 Jun 2010 Jul 2010 Jul 2010 Jul 2010 Aug 2010 Aug 2010 Aug 2010 Sep 2010 Sep 2010 Sep 2010 Oct 2010 Oct 2010 Oct 2010 Nov 2010 Nov 2010 Nov 2010 Dec 2010 Dec 2010 Townhomes (All Areas) Dec 2010 Condominiums (All Areas) Jan 2011 Jan 2011 Victoria Real Estate Board Multiple Listing Service ® Jan 2011 Feb 2011 Feb 2011 Feb 2011 Single Family Homes (Greater Victoria Only) Mar 2011 Mar 2011 Mar 2011 Apr 2011 Apr 2011 Apr 2011 May 2011 May 2011 May 2011 Jun 2011 Jun 2011 Jun 2011 Jul 2011 Jul 2011 Jul 2011 Aug 2011 Aug 2011 Aug 2011 Sep 2011 Sep 2011 Sep 2011 Oct 2011 Oct 2011 Oct 2011 October 2011
  • 6. 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 2,500 2,700 2,900 3,100 3,300 3,500 3,700 3,900 4,100 4,300 4,500 4,700 4,900 5,100 Oct 2009 Oct 2009 Nov 2009 Nov 2009 Dec 2009 Dec 2009 Jan 2010 Jan 2010 Tuesday, November 01, 2011 Feb 2010 Feb 2010 Mar 2010 Mar 2010 Apr 2010 Apr 2010 May 2010 May 2010 Jun 2010 Jun 2010 Jul 2010 Jul 2010 Aug 2010 Aug 2010 Listings Sep 2010 Sep 2010 Active Listings, New Listings and Sales Oct 2010 Oct 2010 Nov 2010 Nov 2010 Sales Dec 2010 Dec 2010 Jan 2011 Jan 2011 Total Active MLS® Listings Victoria Real Estate Board Multiple Listing Service ® Feb 2011 Feb 2011 Mar 2011 Mar 2011 Total New MLS® Listings and Total MLS® Sales Apr 2011 Apr 2011 May 2011 May 2011 Jun 2011 Jun 2011 Jul 2011 Jul 2011 Aug 2011 Aug 2011 Sep 2011 Sep 2011 Oct 2011 Oct 2011 October 2011
  • 7. Monthly Comparative Activity By Property Type October 2011 Tuesday, November 01, 2011 Current Month Year To Date This Year Last Year % Change This Year Last Year % Change Single Family - Residential Units Listed 401 361 11 % 5475 5478 0 % Units Sold 219 203 8 % 2414 2618 -8 % Sell/List Ratio 55 % 56 % 44 % 48 % Sales Dollars $122,514,709 $113,602,992 8 % $1,398,522,392 $1,539,428,998 -9 % Average Price / Unit $559,428 $559,621 0 % $579,338 $588,017 -1 % Price Ratio 97 % 97 % 97 % 98 % Days To Sell 63 55 15 % 54 42 28 % Active Listings at Month End 1437 1167 23 % Single Family - Residential Waterfront Units Listed 35 27 30 % 517 542 -5 % Units Sold 12 15 -20 % 147 144 2 % Sell/List Ratio 34 % 56 % 28 % 27 % Sales Dollars $11,223,900 $20,956,000 -46 % $160,041,831 $162,826,810 -2 % Average Price / Unit $935,325 $1,397,067 -33 % $1,088,720 $1,130,742 -4 % Price Ratio 93 % 90 % 93 % 93 % Days To Sell 117 115 1 % 113 96 17 % Active Listings at Month End 283 262 8 % Single Family - Residential Acreage Units Listed 47 47 0 % 734 749 -2 % Units Sold 21 26 -19 % 223 216 3 % Sell/List Ratio 45 % 55 % 30 % 29 % Sales Dollars $16,433,900 $19,367,000 -15 % $152,880,518 $160,090,118 -5 % Average Price / Unit $782,567 $744,885 5 % $685,563 $741,158 -8 % Price Ratio 95 % 93 % 96 % 96 % Days To Sell 95 137 -30 % 92 91 1 % Active Listings at Month End 325 308 6 % Condominium Units Listed 285 283 1 % 3422 3521 -3 % Units Sold 145 128 13 % 1397 1537 -9 % Sell/List Ratio 51 % 45 % 41 % 44 % Sales Dollars $44,562,775 $41,410,840 8 % $456,542,994 $496,335,079 -8 % Average Price / Unit $307,329 $323,522 -5 % $326,802 $322,925 1 % Price Ratio 97 % 96 % 96 % 97 % Days To Sell 75 82 -9 % 61 54 13 % Active Listings at Month End 1066 924 15 % Victoria Real Estate Board Multiple Listing Service ® 1
  • 8. Monthly Comparative Activity By Property Type October 2011 Tuesday, November 01, 2011 Current Month Year To Date This Year Last Year % Change This Year Last Year % Change Townhouse Units Listed 155 110 41 % 1402 1233 14 % Units Sold 46 50 -8 % 551 605 -9 % Sell/List Ratio 30 % 45 % 39 % 49 % Sales Dollars $19,689,850 $22,301,310 -12 % $242,710,283 $268,551,754 -10 % Average Price / Unit $428,040 $446,026 -4 % $440,491 $443,887 -1 % Price Ratio 97 % 97 % 98 % 98 % Days To Sell 83 89 -7 % 63 49 29 % Active Listings at Month End 434 362 20 % Strata Duplex (Up and Down) Units Listed 0 0 % 9 13 -31 % Units Sold 1 1 0 % 5 5 0 % Sell/List Ratio % % 56 % 38 % Sales Dollars $382,500 $455,000 -16 % $2,190,500 $1,937,800 13 % Average Price / Unit $382,500 $455,000 -16 % $438,100 $387,560 13 % Price Ratio 97 % 97 % 99 % 98 % Days To Sell 127 28 354 % 55 73 -25 % Active Listings at Month End 2 4 -50 % Strata Duplex (Side by Side) Units Listed 13 11 18 % 152 142 7 % Units Sold 4 5 -20 % 70 72 -3 % Sell/List Ratio 31 % 45 % 46 % 51 % Sales Dollars $1,472,600 $1,948,700 -24 % $29,120,999 $30,622,552 -5 % Average Price / Unit $368,150 $389,740 -6 % $416,014 $425,313 -2 % Price Ratio 99 % 98 % 97 % 98 % Days To Sell 89 124 -28 % 64 50 29 % Active Listings at Month End 41 27 52 % Strata Duplex (Front and Back) Units Listed 4 3 33 % 59 49 20 % Units Sold 2 1 100 % 25 22 14 % Sell/List Ratio 50 % 33 % 42 % 45 % Sales Dollars $797,500 $345,000 131 % $11,187,400 $9,991,700 12 % Average Price / Unit $398,750 $345,000 16 % $447,496 $454,168 -1 % Price Ratio 97 % 99 % 97 % 99 % Days To Sell 19 19 -3 % 49 38 31 % Active Listings at Month End 11 13 -15 % Victoria Real Estate Board Multiple Listing Service ® 2
  • 9. Monthly Comparative Activity By Property Type October 2011 Tuesday, November 01, 2011 Current Month Year To Date This Year Last Year % Change This Year Last Year % Change Recreational Units Listed 1 2 -50 % 27 18 50 % Units Sold 0 0 % 4 1 300 % Sell/List Ratio 0 % 0 % 15 % 6 % Sales Dollars $0 $0 % $1,437,500 $383,000 275 % Average Price / Unit % $359,375 $383,000 -6 % Price Ratio % % 94 % 99 % Days To Sell % 102 312 -67 % Active Listings at Month End 14 11 27 % Manufactured Home Units Listed 31 22 41 % 336 330 2 % Units Sold 10 15 -33 % 131 135 -3 % Sell/List Ratio 32 % 68 % 39 % 41 % Sales Dollars $1,524,500 $3,792,900 -60 % $18,131,350 $20,351,029 -11 % Average Price / Unit $152,450 $252,860 -40 % $138,407 $150,748 -8 % Price Ratio 94 % 97 % 93 % 95 % Days To Sell 96 69 40 % 86 81 7 % Active Listings at Month End 128 109 17 % Residential Lots Units Listed 11 24 -54 % 320 367 -13 % Units Sold 3 7 -57 % 74 127 -42 % Sell/List Ratio 27 % 29 % 23 % 35 % Sales Dollars $748,900 $2,989,076 -75 % $23,034,883 $40,682,318 -43 % Average Price / Unit $249,633 $427,011 -42 % $311,282 $320,333 -3 % Price Ratio 94 % 98 % 95 % 95 % Days To Sell 39 204 -81 % 87 131 -33 % Active Listings at Month End 208 198 5 % Residential Lots - Waterfront Units Listed 3 4 -25 % 71 83 -14 % Units Sold 3 1 200 % 15 16 -6 % Sell/List Ratio 100 % 25 % 21 % 19 % Sales Dollars $1,465,000 $1,950,000 -25 % $7,451,000 $9,053,000 -18 % Average Price / Unit $488,333 $1,950,000 -75 % $496,733 $565,813 -12 % Price Ratio 93 % 87 % 92 % 93 % Days To Sell 76 46 66 % 115 66 74 % Active Listings at Month End 46 37 24 % Victoria Real Estate Board Multiple Listing Service ® 3
  • 10. Monthly Comparative Activity By Property Type October 2011 Tuesday, November 01, 2011 Current Month Year To Date This Year Last Year % Change This Year Last Year % Change Residential Acreage Units Listed 17 11 55 % 228 257 -11 % Units Sold 5 2 150 % 44 66 -33 % Sell/List Ratio 29 % 18 % 19 % 26 % Sales Dollars $1,356,900 $500,000 171 % $20,141,800 $20,809,625 -3 % Average Price / Unit $271,380 $250,000 9 % $457,768 $315,297 45 % Price Ratio 93 % 88 % 85 % 92 % Days To Sell 156 18 766 % 221 202 9 % Active Listings at Month End 207 189 10 % Residential Acreage - Waterfront Units Listed 5 1 400 % 81 97 -16 % Units Sold 0 0 % 5 3 67 % Sell/List Ratio 0 % 0 % 6 % 3 % Sales Dollars $0 $0 % $4,171,000 -$1,059,000 -494 % Average Price / Unit % $834,200 -$353,000 -336 % Price Ratio % % 83 % 131 % Days To Sell % 198 60 228 % Active Listings at Month End 87 70 24 % Revenue - Duplex/Triplex Units Listed 7 2 250 % 56 56 0 % Units Sold 1 1 0 % 17 21 -19 % Sell/List Ratio 14 % 50 % 30 % 38 % Sales Dollars $715,000 $670,000 7 % $11,191,000 $14,318,900 -22 % Average Price / Unit $715,000 $670,000 7 % $658,294 $681,852 -3 % Price Ratio 95 % 94 % 97 % 95 % Days To Sell 52 11 373 % 55 41 34 % Active Listings at Month End 23 11 109 % Revenue - Multi Units Units Listed 2 1 100 % 36 41 -12 % Units Sold 0 2 -100 % 12 14 -14 % Sell/List Ratio 0 % 200 % 33 % 34 % Sales Dollars $0 $1,679,750 -100 % $14,175,000 $14,028,750 1 % Average Price / Unit $839,875 % $1,181,250 $1,002,054 18 % Price Ratio % 93 % 96 % 95 % Days To Sell 65 % 74 45 64 % Active Listings at Month End 10 11 -9 % Victoria Real Estate Board Multiple Listing Service ® 4
  • 11. Monthly Comparative Activity By Property Type October 2011 Tuesday, November 01, 2011 Current Month Year To Date This Year Last Year % Change This Year Last Year % Change Revenue - Apartment Block Units Listed 2 1 100 % 6 16 -63 % Units Sold 1 2 -50 % 2 6 -67 % Sell/List Ratio 50 % 200 % 33 % 38 % Sales Dollars $7,875,000 $2,650,000 197 % $9,784,000 $9,295,000 5 % Average Price / Unit $7,875,000 $1,325,000 494 % $4,892,000 $1,549,167 216 % Price Ratio 95 % 95 % 96 % 94 % Days To Sell 66 97 -32 % 64 68 -6 % Active Listings at Month End 3 3 0 % Revenue - Commercial Units Listed 3 20 -85 % 71 86 -17 % Units Sold 1 1 0 % 8 14 -43 % Sell/List Ratio 33 % 5 % 11 % 16 % Sales Dollars $535,000 $340,000 57 % $9,802,800 $7,687,000 28 % Average Price / Unit $535,000 $340,000 57 % $1,225,350 $549,071 123 % Price Ratio 89 % 99 % 91 % 92 % Days To Sell 191 21 810 % 140 140 -1 % Active Listings at Month End 47 43 9 % Revenue - Industrial Units Listed 0 0 % 0 1 -100 % Units Sold 0 0 % 0 1 -100 % Sell/List Ratio % % % 100 % Sales Dollars $0 $0 % $0 $279,000 -100 % Average Price / Unit % $279,000 % Price Ratio % % % 100 % Days To Sell % 68 % Active Listings at Month End 1 0 % Business with Land & Building Units Listed 5 11 -55 % 99 92 8 % Units Sold 5 3 67 % 21 19 11 % Sell/List Ratio 100 % 27 % 21 % 21 % Sales Dollars $694,915 $39 1781734 % $7,418,950 $9,883,351 -25 % Average Price / Unit $138,983 $13 1069000 % $353,283 $520,176 -32 % Price Ratio 84 % % 91 % 98 % Days To Sell 168 211 -20 % 185 100 84 % Active Listings at Month End 65 57 14 % Victoria Real Estate Board Multiple Listing Service ® 5
  • 12. Monthly Comparative Activity By Property Type October 2011 Tuesday, November 01, 2011 Current Month Year To Date This Year Last Year % Change This Year Last Year % Change Business Only Units Listed 22 9 144 % 134 130 3 % Units Sold 1 0 % 19 25 -24 % Sell/List Ratio 5 % 0 % 14 % 19 % Sales Dollars $34,000 $0 % $1,651,188 $3,380,428 -51 % Average Price / Unit $34,000 % $86,905 $135,217 -36 % Price Ratio 87 % % 83 % 85 % Days To Sell 76 % 119 136 -13 % Active Listings at Month End 69 62 11 % Motel/Hotel Units Listed 1 0 % 13 21 -38 % Units Sold 1 0 % 4 2 100 % Sell/List Ratio 100 % % 31 % 10 % Sales Dollars $3,100,000 $0 % $6,345,008 $2,437,500 160 % Average Price / Unit $3,100,000 % $1,586,252 $1,218,750 30 % Price Ratio 78 % % 89 % 89 % Days To Sell 532 % 278 186 50 % Active Listings at Month End 9 14 -36 % Lease - Office Units Listed 9 9 0 % 57 65 -12 % Units Sold 1 0 % 8 7 14 % Sell/List Ratio 11 % 0 % 14 % 11 % Sales Dollars $14 $0 % $112 $93 21 % Average Price / Unit $14 % $14 $13 6 % Price Ratio % % % % Days To Sell 256 % 150 129 16 % Active Listings at Month End 41 47 -13 % Lease - Retail Units Listed 8 7 14 % 51 59 -14 % Units Sold 1 2 -50 % 11 18 -39 % Sell/List Ratio 13 % 29 % 22 % 31 % Sales Dollars $8 $30 -75 % $165 $51,864 -100 % Average Price / Unit $8 $15 -49 % $15 $2,881 -99 % Price Ratio % % % -152541 % Days To Sell 64 466 -86 % 103 200 -48 % Active Listings at Month End 33 40 -18 % Victoria Real Estate Board Multiple Listing Service ® 6
  • 13. Monthly Comparative Activity By Property Type October 2011 Tuesday, November 01, 2011 Current Month Year To Date This Year Last Year % Change This Year Last Year % Change Lease - Warehouse Units Listed 0 0 % 0 0 % Units Sold 0 0 % 0 0 % Sell/List Ratio % % % % Sales Dollars $0 $0 % $0 $0 % Average Price / Unit % % Price Ratio % % % % Days To Sell % % Active Listings at Month End 0 0 % Lease - Industrial Units Listed 0 0 % 1 2 -50 % Units Sold 0 0 % 0 1 -100 % Sell/List Ratio % % 0 % 50 % Sales Dollars $0 $0 % $0 $13 -100 % Average Price / Unit % $13 % Price Ratio % % % -87 % Days To Sell % 106 % Active Listings at Month End 2 1 100 % Lease - Other Units Listed 11 6 83 % 86 63 37 % Units Sold 0 2 -100 % 8 12 -33 % Sell/List Ratio 0 % 33 % 9 % 19 % Sales Dollars $0 $25 -100 % $168 $24,671 -99 % Average Price / Unit $12 % $21 $2,056 -99 % Price Ratio % % % -154192 % Days To Sell 175 % 117 144 -19 % Active Listings at Month End 48 40 20 % Commercial Land Units Listed 8 4 100 % 50 48 4 % Units Sold 0 0 % 4 11 -64 % Sell/List Ratio 0 % 0 % 8 % 23 % Sales Dollars $0 $0 % $3,045 $10,462,510 -100 % Average Price / Unit % $761 $951,137 -100 % Price Ratio % % % 92 % Days To Sell % 338 189 79 % Active Listings at Month End 47 36 31 % Victoria Real Estate Board Multiple Listing Service ® 7
  • 14. Monthly Comparative Activity By Property Type October 2011 Tuesday, November 01, 2011 Current Month Year To Date This Year Last Year % Change This Year Last Year % Change Grand Totals Units Listed 1086 976 11 % 13493 13559 0 % Units Sold 483 467 3 % 5219 5718 -9 % Sell/List Ratio 44 % 48 % 39 % 42 % Sales Dollars $235,126,971 $234,958,661 0 % $2,587,935,886 $2,831,853,862 -9 % Average Price / Unit $486,805 $503,123 -3 % $495,868 $495,253 0 % Price Ratio 96 % 96 % 97 % 97 % Days To Sell 76 79 -4 % 65 56 16 % Active Listings at Month End 4687 4046 16 % Victoria Real Estate Board Multiple Listing Service ® 8
  • 15. Reported Sales By Price Range - Single Family October 2011 Tuesday, November 01, 2011 Price Ranges Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other Min Max CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD 10,000,000 - 9,000,000 - 9,999,999 8,000,000 - 8,999,999 7,000,000 - 7,999,999 6,000,000 - 6,999,999 1 5,000,000 - 5,999,999 4,500,000 - 4,999,999 4,000,000 - 4,499,999 3,500,000 - 3,999,999 1 3,000,000 - 3,499,999 1 -1 1 2,500,000 - 2,999,999 .1 1 1 2,000,000 - 2,499,999 .4 .4 5 2 1 2 1 1 1,750,000 - 1,999,999 .8 .6 1 4 3 2 1 1 4 1 1 1,500,000 - 1,749,999 1.2 1.0 2 6 8 5 3 5 1 1 1,250,000 - 1,499,999 .4 1.3 3 1 12 1 7 5 3 2 3 1 1 1 1,000,000 - 1,249,999 2.7 2.9 2 12 2 24 1 19 4 1 6 5 2 2 2 2 3 4 950,000 - 999,999 1.2 .9 2 1 6 1 1 5 4 1 2 1 1 3 1 900,000 - 949,999 1.2 1.1 1 6 2 1 1 7 1 3 2 5 1 1 1 1 3 850,000 - 899,999 1.5 2.3 9 7 1 1 24 8 2 1 9 1 2 1 2 1 1 2 800,000 - 849,999 4.2 3.7 13 1 18 3 6 34 8 3 3 14 1 1 3 1 2 1 1 3 2 750,000 - 799,999 5.8 4.7 2 19 3 16 1 3 5 49 7 3 15 2 1 1 2 3 1 11 2 1 4 700,000 - 749,999 4.2 4.4 5 24 1 18 1 1 4 2 40 2 4 6 1 6 1 10 2 1 4 6 650,000 - 699,999 2.7 5.8 19 1 21 8 3 47 12 6 3 11 2 8 11 6 5 9 2 600,000 - 649,999 10.0 9.1 2 28 1 24 5 1 4 7 82 1 17 3 9 3 22 3 2 2 9 1 30 1 7 2 6 2 10 5 550,000 - 599,999 8.8 11.1 47 1 13 2 15 2 8 5 89 1 24 1 34 2 12 7 1 3 2 7 4 32 5 2 9 9 7 500,000 - 549,999 13.5 11.6 7 35 7 1 19 11 9 78 1 36 7 33 6 2 18 3 1 20 4 44 3 3 9 5 11 450,000 - 499,999 12.7 12.9 2 63 2 1 15 1 11 3 37 5 53 4 21 2 5 21 2 2 28 5 71 1 14 3 14 1 21 400,000 - 449,999 12.7 11.8 6 43 2 20 8 2 23 5 51 3 12 3 23 6 31 2 67 2 34 3 16 1 12 350,000 - 399,999 8.8 8.1 4 24 14 1 1 14 3 21 1 3 1 3 1 7 1 1 15 1 40 1 5 40 1 18 4 32 300,000 - 349,999 3.5 3.6 2 8 10 1 1 2 2 7 2 11 3 40 9 1 14 0 - 299,999 3.8 2.7 3 1 1 2 2 3 6 26 3 30 1 10 Total Units 260 2903 35 366 12 188 6 102 6 64 45 568 19 262 20 149 13 120 12 91 2 16 17 139 25 338 4 35 22 190 13 149 9 126 Percentages 100 100 13.5 12.6 4.6 6.5 2.3 3.5 2.3 2.2 17.3 19.6 7.3 9.0 7.7 5.1 5.0 4.1 4.6 3.1 .8 .6 6.5 4.8 9.6 11.6 1.5 1.2 8.5 6.5 5.0 5.1 3.5 4.3 Victoria Real Estate Board Multiple Listing Service ® 1
  • 16. Reported Sales By Price Range - Condominium October 2011 Tuesday, November 01, 2011 Price Ranges Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other Min Max CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD 1,000,000 - .7 1.0 1 7 1 4 2 975,000 - 999,999 950,000 - 974,999 .1 1 925,000 - 949,999 .1 1 900,000 - 924,999 .1 1 875,000 - 899,999 .1 1 850,000 - 874,999 .1 1 1 825,000 - 849,999 800,000 - 824,999 775,000 - 799,999 .7 .4 1 3 1 1 1 750,000 - 774,999 .3 1 2 1 725,000 - 749,999 .7 .5 1 5 2 700,000 - 724,999 .2 2 1 675,000 - 699,999 1.4 .6 1 2 3 1 2 2 650,000 - 674,999 .7 .9 6 1 1 1 1 3 625,000 - 649,999 .5 6 1 600,000 - 624,999 .7 .3 3 1 1 575,000 - 599,999 .7 .9 1 6 1 1 4 550,000 - 574,999 .7 .4 1 6 525,000 - 549,999 .7 1.6 1 15 1 2 3 1 500,000 - 524,999 .9 8 1 2 3 -1 475,000 - 499,999 2.1 1.2 1 11 1 4 1 1 1 450,000 - 474,999 2.1 1.5 1 11 3 2 1 1 1 3 1 425,000 - 449,999 2.8 1.8 2 19 1 2 2 1 2 400,000 - 424,999 2.8 2.8 2 20 3 6 4 1 1 1 2 1 2 375,000 - 399,999 4.1 5.2 3 44 1 7 2 2 2 3 1 7 1 2 3 350,000 - 374,999 2.8 5.8 2 54 3 4 3 4 2 2 2 3 5 1 325,000 - 349,999 9.0 7.6 8 58 4 1 1 6 1 15 2 5 1 8 2 8 -1 300,000 - 324,999 11.7 10.7 7 58 2 1 11 3 10 3 23 1 14 3 6 2 23 -1 1 275,000 - 299,999 6.9 12.1 7 81 1 14 3 1 29 4 3 1 16 4 15 250,000 - 274,999 10.3 12.0 9 84 3 11 1 7 18 1 16 3 1 11 1 6 -1 12 -1 225,000 - 249,999 11.7 11.5 4 70 1 1 15 2 7 3 29 2 9 1 3 3 5 22 1 200,000 - 224,999 10.3 9.2 7 58 1 8 2 14 2 15 2 11 5 1 4 2 11 1 175,000 - 199,999 9.0 5.0 8 46 3 3 2 6 7 2 2 1 1 2 150,000 - 174,999 4.8 2.7 4 16 2 3 1 6 2 7 2 2 0 - 149,999 2.8 1.9 1 11 1 2 2 2 4 3 5 Total Units 145 1397 72 711 3 50 9 91 7 40 12 164 10 76 20 2 10 94 2 20 19 117 1 3 9 Percentages 100 100 49.7 50.9 2.1 3.6 6.2 6.5 4.8 2.9 8.3 11.7 6.9 5.4 1.4 .1 6.9 6.7 1.4 1.4 13.1 8.4 .7 .2 .6 Victoria Real Estate Board Multiple Listing Service ® 2
  • 17. Reported Sales By Price Range - Townhouse October 2011 Tuesday, November 01, 2011 Price Ranges Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other Min Max CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD 1,000,000 - 1.1 3 3 975,000 - 999,999 .4 2 950,000 - 974,999 .2 1 925,000 - 949,999 2.2 .4 1 2 900,000 - 924,999 875,000 - 899,999 .2 1 850,000 - 874,999 825,000 - 849,999 .2 1 800,000 - 824,999 2.2 .4 1 2 775,000 - 799,999 .5 3 750,000 - 774,999 .4 1 1 725,000 - 749,999 2.2 .7 1 2 1 1 700,000 - 724,999 .7 1 1 1 1 675,000 - 699,999 1.8 4 1 3 2 650,000 - 674,999 1.3 1 4 1 1 625,000 - 649,999 2.2 2.0 7 2 1 2 600,000 - 624,999 2.2 1.6 2 1 1 4 1 1 575,000 - 599,999 4.3 2.9 2 4 9 2 1 550,000 - 574,999 2.2 2.4 4 3 3 1 1 1 1 525,000 - 549,999 2.2 5.8 1 6 1 1 6 5 1 1 4 4 3 500,000 - 524,999 6.5 4.0 2 8 4 1 7 2 2 -1 475,000 - 499,999 6.5 6.0 13 1 1 3 1 6 2 2 1 3 2 1 450,000 - 474,999 2.2 5.4 1 5 2 1 9 2 3 1 3 2 2 425,000 - 449,999 2.2 5.8 1 8 2 3 7 8 1 3 400,000 - 424,999 8.3 5 3 5 15 10 1 3 3 1 375,000 - 399,999 13.0 11.0 1 9 3 1 4 1 14 2 1 10 3 1 6 8 1 1 1 350,000 - 374,999 15.2 10.5 1 6 2 6 3 5 1 12 4 6 2 14 1 1 1 325,000 - 349,999 19.6 8.5 2 12 1 1 3 2 5 1 9 2 3 10 4 1 300,000 - 324,999 4.3 6.1 3 3 1 1 1 4 3 1 3 7 5 3 1 275,000 - 299,999 2.2 5.8 4 4 5 1 1 6 3 1 4 4 250,000 - 274,999 6.5 3.6 1 1 1 2 3 3 7 3 2 225,000 - 249,999 .9 1 1 2 1 200,000 - 224,999 175,000 - 199,999 150,000 - 174,999 2.2 .5 1 2 1 0 - 149,999 .7 3 1 Total Units 46 553 13 107 1 10 2 23 2 36 6 106 2 46 4 52 10 3 44 3 30 8 50 1 21 1 13 5 Percentages 100 100 28.3 19.3 2.2 1.8 4.3 4.2 4.3 6.5 13.0 19.2 4.3 8.3 8.7 9.4 1.8 6.5 8.0 6.5 5.4 17.4 9.0 2.2 3.8 2.2 2.4 .9 Victoria Real Estate Board Multiple Listing Service ® 3
  • 18. Reported Sales By Price Range - Manufactured Homes October 2011 Tuesday, November 01, 2011 Price Ranges Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other Min Max CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD 300,000 - 2.3 1 1 1 290,000 - 299,999 10.0 .8 1 1 280,000 - 289,999 .8 1 270,000 - 279,999 260,000 - 269,999 1.5 1 1 250,000 - 259,999 .8 1 240,000 - 249,999 10.0 2.3 1 1 1 1 230,000 - 239,999 4.6 2 3 1 220,000 - 229,999 1.5 1 1 210,000 - 219,999 10.0 3.1 1 1 1 1 1 200,000 - 209,999 1.5 1 1 190,000 - 199,999 3.1 1 1 1 1 180,000 - 189,999 2.3 1 1 1 170,000 - 179,999 20.0 3.8 1 1 3 1 1 160,000 - 169,999 10.0 6.1 2 1 1 2 1 2 150,000 - 159,999 140,000 - 149,999 3.1 1 2 1 130,000 - 139,999 6.9 1 4 4 120,000 - 129,999 10.0 6.9 3 3 1 1 2 110,000 - 119,999 3.1 2 1 1 100,000 - 109,999 3.8 3 2 90,000 - 99,999 -10.0 5.3 2 -1 2 3 80,000 - 89,999 8.4 3 4 2 2 70,000 - 79,999 10.0 2.3 1 2 1 60,000 - 69,999 10.0 3.8 2 1 2 1 50,000 - 59,999 4.6 1 2 1 1 1 40,000 - 49,999 20.0 6.1 1 2 2 4 1 30,000 - 39,999 4.6 2 1 2 1 20,000 - 29,999 4.6 2 4 0 - 19,999 2.3 3 Total Units 10 131 1 25 19 2 13 1 28 2 4 27 1 8 1 9 Percentages 100 100 10.0 19.1 14.5 20.0 9.9 10.0 21.4 1.5 40.0 20.6 10.0 6.1 10.0 6.9 Victoria Real Estate Board Multiple Listing Service ® 4