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