Sales of single-family homes in the Victoria region were down 29.9% in August 2021 compared to August 2020, while condominium sales increased 31.7%. Total active property listings were down 56.7% from the previous year due to a long-term lack of housing supply. The benchmark price of a single-family home increased 22.4% year-over-year to $1,089,400, and the benchmark price of a condominium rose 11.8% to $540,600, indicating continued upward pressure on home prices from low inventory levels.

1. VICTORIA REAL ESTATE BOARD
3035 Nanaimo Street
Victoria, BC
V8T 4W2
T 250.385.7766
F 250.385.8773
www.vreb.org
www.openhousesvictoria.ca
Sept 1, 2021
Victoria housing market continues to adapt to long-term lack of supply
A total of 831 properties sold in the Victoria Real Estate Board region this August, 15.1 per cent fewer than the
979 properties sold in August 2020 and 0.5 per cent fewer than the previous month of July. Condominium sales
were up 31.7 per cent from August 2020 with 345 units sold. 21.5 per cent more condominiums sold in August
2021 than in the previous month of July. Sales of single family homes were down 29.9 per cent from August
2020 with 357 sold. 9.8 per cent fewer single family homes sold in August 2021 than in the previous month of
July.
"Year over year numbers might indicate a slowing of our market, but there are two important factors to
consider," said Victoria Real Estate Board President David Langlois. "The first is that our market is starved for
inventory. It should come as no surprise that with half the available inventory of last August we sold fewer homes
this August. Without the significant lack of inventory we’re experiencing, sales would most certainly have been
comparable to, if not greater than, last August. The second factor is that the previous ten-year running average
for sales in the month of August is 675 properties, so with 831 properties changing hands this August, it is clear
that our market remains very robust and that lack of supply is the biggest issue impacting attainability for our
community.”
There were 1,120 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of
August 2021, 56.7 per cent fewer properties than the 2,584 available at the end of August 2020 and 11.8 per
cent fewer than the 1,270 active listings for sale at the end of July 2021.
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in
August 2020 was $889,800. The benchmark value for the same home in August 2021 increased by 22.4 per
cent to $1,089,400, a 0.7 per cent increase from the previous month of July. The MLS® HPI benchmark value
for a condominium in the Victoria Core in August 2020 was $483,400, while the benchmark value for the same
condominium in August 2021 was $540,600, an 11.8 per cent increase.
“The federal election will focus on each party’s proposed policies and programs for housing,'' added Langlois.
"The primary issue for housing attainability has been and remains one of supply. While increasing a consumer's
ability to pay through tax free savings accounts, extended mortgage terms, or altering stress test provisions may
assist some buyers to obtain housing, it will do nothing to slow the price appreciation that the systemic lack of
housing supply continues to fuel. Specific commitments such as incentivising municipalities with infrastructure
grants for density improvements, increasing on-campus housing, supporting co-op and leasehold developments
and utilizing surplus federal lands to directly add to housing stock can all provide a path to more supply. Debates
about bidding processes and foreign buyers do not offer material solutions to improve supply nor the attainability
of housing. The municipal, provincial and federal governments’ failure to support real growth and diversity in
housing stocks has created the market conditions we find ourselves in today. Housing policy matters and we
hope that all voters consider what each party proposes and the potential impact to our market."
About the Victoria Real Estate Board - Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards and
innovative programs to enhance the professionalism of REALTORS®. The Victoria Real Estate Board represents 1,456 local Realtors. If you
are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area housing market.
PRESIDENT
David Langlois
PRESIDENT ELECT
Karen Dinnie-Smyth
TREASURER
Patrick Novotny
PAST PRESIDENT
Sandi-Jo Ayers
DIRECTORS
Sheila Aujla
Robert Cole
Laurie Lidstone
Jackie Ngai
Graden Sol
EXECUTIVE OFFICER
David Corey

2. Sales by Property Type
Single Family Greater Victoria
Single Family Other Areas
Single Family Total All Areas
Condo Apartment
Row/Townhouse
Manufactured Home
Total Residential
Total Sales
Active Listings
Units Median$
Average$
LY%
LM% LY%
LM% LY%
LM% Units Median$
Average$ Units Median$
Average$
August 2021
340
345
86
14
802
357
831
17
1,120
380
284
89
15
784
396
835
16
1,270
493
262
140
25
936
509
979
16
2,584
$1,224,438
$552,353
$716,949
$269,593
$1,222,627
$1,186,396
$1,094,000
$482,500
$699,000
$269,950
$1,088,000
$1,025,000
$1,177,975
$545,538
$741,004
$257,853
$1,171,915
$1,027,981
$1,050,000
$484,950
$705,000
$254,000
$1,050,000
$865,000
$1,002,604
$481,334
$622,407
$259,952
$998,291
$865,394
$885,000
$425,000
$573,450
$242,900
$880,000
$783,250
-10.5%
21.5%
-3.4%
-6.7%
2.3%
-9.8%
-0.5%
6.3%
-11.8%
-31.0%
31.7%
-38.6%
-44.0%
-14.3%
-29.9%
-15.1%
6.3%
-56.7%
3.9%
1.2%
-3.2%
4.6%
4.3%
15.4%
22.1%
14.8%
15.2%
3.7%
22.5%
37.1%
4.2%
-0.5%
-0.9%
6.3%
3.6%
18.5%
23.6%
13.5%
21.9%
11.1%
23.6%
30.9%
July 2021 August 2020
Legend
Units: net number of listings sold
LM%: percentage change since Last Month
LY%: percentage change since This Month Last Year
Average$: average selling price
Median$: median selling price
Total Residential: includes sales of residential property types
Total Sales: includes sales of all property types
Active Listings: total listings of all types on the market at midnight on the last day of the month
This Month Last Month
Produced: 01-Sep-2021
August 2021
Previous Periods Comparison
This Month Last Year
Page 1 of 1
Victoria Real Estate Board Multiple Listing Service ®
August 2021
Statistics Package for Media
Victoria Real Estate Board August 2021 Statistics
Previous Periods Comparison of Unit Sales, Average Prices and Median Prices
Previous Periods Comparison of MLS® HPI Benchmark Prices and MLS® HPI Index Values

3. 6DOHVWR$FWLYH/LVWLQJV5DWLR
The ratio of counts of total residential sales over total active residential listings for the last 25 months
$XJXVW
Produced: 01-Sep-2021
$XJ
6HS
2FW
1RY
'HF
-DQ
)HE
0DU
$SU
0D
-XQ
-XO
$XJ
6HS
2FW
1RY
'HF
-DQ
)HE
0DU
$SU
0D
-XQ
-XO
$XJ
7KH6DOHVWR$FWLYH/LVWLQJV5DWLR
7KLV FKDUWWUDFNVWKHUDWLRRIWRWDOUHVLGHQWLDOVDOHVRYHUWRWDODFWLYHUHVLGHQWLDOOLVWLQJVDWPRQWKHQGIRU
HDFKRIWKHODVWPRQWKV
7KHDFWLYHOLVWLQJFRXQWDQGWKHVDOHVFRXQWFDQEHYLHZHGDVLQGLFDWRUVRIKRXVLQJVXSSODQG
GHPDQGUHVSHFWLYHO2EVHUYLQJWKHUDWLREHWZHHQWKHPFDQWKXVKHOSLQGLFDWHDEXHUV
PDUNHW
ZKHUHWKHUHLVVXVWDLQHGGRZQZDUGSUHVVXUHRQSULFHVDQGDVHOOHUV
PDUNHWZKHUHWKHUHLV
VXVWDLQHGXSZDUGSUHVVXUHRQSULFHV
%DVHGRQDUHJUHVVLRQDQDOVLVSHUIRUPHGEWKH(FRQRPLFV'HSDUWPHQWRIWKH%5HDO(VWDWH
$VVRFLDWLRQLQHDFKPDUNHWDUHDRIWKHSURYLQFHWKH6DOHVWR$FWLYH/LVWLQJV5DWLRIRU9LFWRULDFDQEH
LQWHUSUHWHGDVIROORZV
EHORZWKHUHLVGRZQZDUGSUHVVXUHRQSULFHVEXHUV
PDUNHW

4. DERYHWKHUHLVXSZDUGSUHVVXUHRQSULFHVVHOOHUV
PDUNHW

5. Sales to Active Listings Ratio
This chart tracks the ratio of total residential sales over total active residential listings at month-end for each of
the last 25 months.
The active listing count and the sales count can be viewed as indicators of housing supply and demand
respectively. Observing the ratio between them can thus help indicate a buyers' market, where there is
downward pressure on prices, and a sellers' market, where there is upward pressure on prices.
- below 10%, there is downward pressure on prices (buyers' market)
- above 25%, there is upward pressure on prices (sellers' market)
- in the 15-20% range, there is little pressure on prices either way (balanced market)
Victoria Real Estate Board August 2021 Statistics
Total new MLS® listings and total MLS® sales for entire district

6. The Victoria Real Estate Board uses the MLS® Home Price Index (MLS® HPI) to report on market
trends. The MLS® HPI uses the concept of a benchmark home, a notional home with common
attributes of typical homes in a defined area.
Through the analysis of over ten years of Victoria Real Estate Board MLS® sales data, the MLS®
HPI defined benchmark homes for Victoria in each category (single family homes, townhouses,
condos) and for each neighbourhood. The benchmark starting point was 2005, where each type of
property and neighbourhood was assigned an index value of 100.
MLS® HPI benchmark and value - Single Family Homes
Victoria Real Estate Board August 2021 Statistics
12 Months Ago
% Difference from 12 Months Ago (August 2020 to August 2021)
Select Timeframe:
1. Area Group
VREB Area Summary
3. Area/Property Type Selection
All
2. Property Type
– Single Family-All (SF-All)
Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
Victoria REB –
SF-All
Core – SF-All
Westshore – SF-All
Peninsula – SF-All
Gulf Islands – SF-All
Malahat Area –
SF-All
25.1%
22.4%
26.1%
28.1%
28.8%
31.8%

7. MLS® HPI benchmark and value - Condominium / Apartments
Victoria Real Estate Board August 2021 Statistics
12 Months Ago
% Difference from 12 Months Ago (August 2020 to August 2021)
Select Timeframe:
1. Area Group
VREB Area Summary
3. Area/Property Type Selection
All
2. Property Type
– Condo Apartment (Con)
Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
Victoria REB – Con
Core – Con
Westshore – Con
Peninsula – Con
13.3%
11.8%
18.8%
17.4%

8. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
August 2021 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – SF-All
Victoria – SF-All
Victoria West – SF-All
Oak Bay – SF-All
Esquimalt – SF-All
View Royal – SF-All
Saanich East – SF-All
Saanich West – SF-All
Sooke – SF-All
Langford – SF-All
Metchosin – SF-All
Colwood – SF-All
Highlands – SF-All
North Saanich – SF-All
Sidney – SF-All
Central Saanich – SF-All
ML Malahat Area –
SF-All
GI Gulf Islands – SF-All
$995,300
$993,100
$987,500
$984,100
$982,400
$977,000
$975,700
$971,200
$970,500
$967,300
$965,100
$959,700
$954,500
$943,800
$943,600
$943,000
$922,800
$918,500
$916,600
$910,900
$906,100
$902,900
$902,600
$901,700
$899,500
$898,500
$898,400 $872,800
$871,900
$867,000
$864,600
$859,600
$856,200
$853,600
$851,600
$850,000 $838,000
$829,000
$828,800
$828,400
$827,400
$821,000
$814,800
$805,900
$803,700
$799,500
$798,200
$790,300
$786,300
$785,300
$782,300
$774,000
$773,300
$765,900
$764,800
$763,600
$758,900
$757,600
$747,400
$745,100
$744,100
$736,400
$730,800
$724,500
$724,500
$713,100
$711,800
$708,800
$706,400
$701,400
$693,900
$679,800
$676,600
$672,900
$671,300
$660,200
$641,500
$636,900
$635,500
$634,800
$629,200
$625,500
$621,000
$612,400
$598,900
$573,000
$567,800
$560,700
$552,000
$551,600
$551,400
$548,800
$522,600
$514,100
$500,200
$493,000
$487,900
$478,300
$455,400
$444,300
$400,400
$394,500
$370,800
$358,000
$357,400
$357,200
$349,200
$332,600
$329,100
$316,500
$308,000
$292,400
$284,200
$282,300
$271,500
$265,000
$1,527,300 $1,521,200 $1,422,900
$1,335,600 $1,331,100
$1,314,900
$1,311,400 $1,310,900
$1,293,000
$1,240,900
$1,237,700
$1,231,000
$1,213,200
$1,208,400
$1,135,700
$1,129,500
$1,109,400
$1,105,800 $1,096,700
$1,066,100
$1,052,600
$1,046,800 $1,032,500
$1,023,700
$1,022,600 $1,010,400
$1,005,600
$1,002,200
Benchmark Price by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Single Family-All (SF-All)

9. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
August 2021 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – SF-All
Victoria – SF-All
Victoria West – SF-All
Oak Bay – SF-All
Esquimalt – SF-All
View Royal – SF-All
Saanich East – SF-All
Saanich West – SF-All
Sooke – SF-All
Langford – SF-All
Metchosin – SF-All
Colwood – SF-All
Highlands – SF-All
North Saanich – SF-All
Sidney – SF-All
Central Saanich – SF-All
ML Malahat Area –
SF-All
GI Gulf Islands – SF-All
332.1
320.5 317.7
296.7
295.7
293.9
293.7
292.9
291.6
290.7
288.9
288.6
286.6
285.5
285.0
284.9 283.9
281.5
281.3
280.9
280.3
278.5
278.0
277.4
276.7
276.5
275.8
275.6
275.5
273.0
272.5
272.5
272.4
271.8
270.9
270.2
270.1
270.0
269.5
268.7
268.6
268.4
266.8
265.0
263.5
263.4
263.0
262.4
259.6
258.2
257.8
252.3
251.4
251.1
249.4
247.9
247.8
247.7
246.8
246.0
245.1
243.2
241.6
240.1
239.8
238.6
237.6
237.6 237.5
237.3
237.2 235.1
235.1
232.5
231.9
230.9
230.6
230.2
229.1
228.8
228.0
226.0
225.6
225.3
225.3
224.8
224.5
224.0
224.0
222.9
219.8
218.5
216.1
216.0
214.3
212.1
209.6
206.1
205.4
203.4
203.2
203.0
201.0
200.3
198.6
197.8
197.3
197.0
196.2
194.0
192.5
188.7
188.6
179.4
179.2
179.1
178.2
176.2
167.0
165.0
162.4
161.9
159.1
157.4
151.1
131.6 100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
HPI by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Single Family-All (SF-All)

10. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
August 2021 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – Con
Victoria – Con
Victoria West – Con
Oak Bay – Con
Esquimalt – Con
View Royal – Con
Saanich East – Con
Saanich West – Con
Sooke – Con
Langford – Con
Colwood – Con
North Saanich – Con
Sidney – Con
Central Saanich – Con
$717,500 $713,200 $706,600 $699,900
$688,900
$682,000
$681,700 $661,900
$655,100
$654,300
$649,100
$636,300 $612,900
$603,100
$601,500
$593,100
$553,500
$552,400
$552,100
$547,900
$546,500
$538,800
$538,800 $533,500
$524,100
$521,500
$521,000
$520,200 $516,000
$513,500
$507,500
$497,700
$488,800
$487,400
$485,800
$481,600
$480,500
$480,200
$480,000
$477,900 $476,000
$475,500
$475,400
$474,400
$473,100
$471,300
$469,800
$467,900
$465,200
$464,800
$464,400
$461,000
$460,700
$458,200
$456,200
$454,900
$450,900
$450,500
$445,600
$445,100
$443,100 $432,500
$429,500
$427,400
$425,600
$423,700
$418,400
$418,100
$417,500
$410,200
$409,200
$407,100
$405,300
$405,200
$398,600
$390,600
$383,900
$377,900
$369,600 $361,600
$352,500
$347,200
$343,700
$339,900
$339,200
$337,000
$326,500
$323,700
$319,900
$311,300 $297,100
$297,000
$295,500
$278,600
$276,900
$276,300
$271,900
$266,900
$238,700
$225,800
$205,900
$201,600
$200,600
$194,800
$190,600
$188,800
$160,600
$159,100
$155,000
$147,900
$129,900
$122,100
Benchmark Price by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Condo Apartment (Con)

11. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
August 2021 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – Con
Victoria – Con
Victoria West – Con
Oak Bay – Con
Esquimalt – Con
View Royal – Con
Saanich East – Con
Saanich West – Con
Sooke – Con
Langford – Con
Colwood – Con
North Saanich – Con
Sidney – Con
Central Saanich – Con
330.5 324.9 314.0
311.9
306.8
306.7
304.6
303.2
302.6
301.8
298.9
296.1
295.7
295.4
294.1
293.5
285.9
285.6
285.4
284.3
284.1
282.6
277.3
277.2
276.7
276.0
273.6 272.9
271.7
271.3
270.7
270.0
268.8
268.6
268.1
267.2
267.2
266.6
266.3
265.4
264.7
264.1
262.7
262.2
261.6
260.0
259.9
258.2
257.8
256.8
254.9
253.0
252.3
252.0
251.9
250.7 249.7
249.4
248.8
248.2
248.1
246.3
246.2
246.2
245.4
245.1
243.3
240.9
236.5
235.3
234.4
233.9
231.9
230.7
223.9
222.6
221.9
221.0
220.9
219.0
217.8
215.6
214.2 199.5
191.7
186.8
185.7
180.3
178.5
178.3
173.8
173.5
172.6
169.1
161.9
159.5
157.2
151.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
HPI by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Condo Apartment (Con)

12. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
August 2021 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – Twn
Victoria – Twn
Victoria West – Twn
Esquimalt – Twn
View Royal – Twn
Saanich East – Twn
Saanich West – Twn
Sooke – Twn
Langford – Twn
Colwood – Twn
Sidney – Twn
Central Saanich – Twn
ML Malahat Area – Twn
GI Gulf Islands – Twn $873,900 $873,300
$835,500 $833,900
$802,400
$800,900 $797,900
$794,900
$789,500
$777,200
$770,900
$766,100
$765,000
$764,600
$761,700
$748,100
$741,500
$734,300
$725,400
$724,300
$723,700
$719,000
$716,000
$714,100
$711,000
$706,100
$701,500
$693,000
$690,900
$689,900
$688,500
$681,800
$676,000 $672,800
$671,500
$670,300
$670,200
$667,600
$665,100
$664,800
$652,400
$647,800
$647,200
$646,200
$645,700
$645,300
$642,300
$624,800
$623,900
$619,300
$606,700
$600,700
$597,700
$597,600
$594,600
$588,800
$580,900
$579,900
$578,000 $575,900
$572,300
$571,900
$571,400
$563,200
$560,900
$558,600
$555,600
$551,500
$548,600
$546,000
$536,000
$533,400
$532,200
$530,600
$524,900
$522,900
$519,000
$512,400
$508,100
$507,400
$505,000
$504,800
$496,600
$472,100
$464,000 $462,700
$457,300
$453,000
$447,900
$439,400
$410,400
$408,900
$402,000
$400,700
$394,100
$382,400
$345,400
$344,200
$316,600
$303,000
$277,200
$269,500
$267,700
$266,100
$262,100
$260,600
$245,700
$241,900
$235,600
$229,000
$219,300
$204,100
Benchmark Price by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Townhouse (Twn)

13. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
August 2021 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – Twn
Victoria – Twn
Victoria West – Twn
Esquimalt – Twn
View Royal – Twn
Saanich East – Twn
Saanich West – Twn
Sooke – Twn
Langford – Twn
Colwood – Twn
Sidney – Twn
Central Saanich – Twn
ML Malahat Area – Twn
GI Gulf Islands – Twn
363.3 352.3 338.0
328.4 328.2
327.1
318.7
316.1
313.9
306.1
303.1
296.7
294.4
291.9
289.5
284.3 282.7
276.6
276.0
275.1 273.8
272.6
272.5
271.1
270.2
269.9
269.7
266.7
264.3
263.9 263.4
263.3
262.0
261.6
261.4
261.3
257.2
256.5
251.1
250.3
250.0
247.6
246.6
243.9
243.4
240.4 239.8
238.4
238.4
238.1
236.3
236.3
233.5
233.0
232.9 229.2
229.2
228.6
228.0
226.6
225.9
224.6
224.6
223.2
221.8 221.0
220.5
219.5
218.0
216.8
215.7
215.2
213.6
213.6
213.2
212.1
209.3
202.6 202.0
201.1
200.4
195.5
194.1
193.6
189.7
182.7
182.2
175.1
169.3
168.6
168.1
167.3
166.4
166.2
150.3
148.1
146.6
145.9
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
HPI by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Townhouse (Twn)

14. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
Victoria REB – SF-All Core – SF-All Westshore – SF-All Peninsula – SF-All
Select Date Range:
All values Jan 2006
Jan 2008
Jan 2010
Jan 2012
Jan 2014
Jan 2016
Jan 2018
Jan 2020
Jan 2022
Benchmark Price ($)
300,000
400,000
500,000
600,000
700,000
800,000
900,000
1,000,000
1,100,000
Benchmark Price Performance over Time
1. Area Group
VREB Area Summary
3. Area/Property Type Selection
Multiple values
2. Property Type
– Single Family-All (SF-All)
HPI or Benchmark Price
HPI
Benchmark Price
Adding labels
Hold Ctrl (Cmd) and select points on the chart to show multiple date/value labels

15. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
Victoria REB – Con Core – Con Westshore – Con Peninsula – Con
Select Date Range:
All values
Jan 2006
Jan 2008
Jan 2010
Jan 2012
Jan 2014
Jan 2016
Jan 2018
Jan 2020
Jan 2022
Benchmark Price ($)
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
550,000
Benchmark Price Performance over Time
1. Area Group
VREB Area Summary
3. Area/Property Type Selection
All
2. Property Type
– Condo Apartment (Con)
HPI or Benchmark Price
HPI
Benchmark Price
Adding labels
Hold Ctrl (Cmd) and select points on the chart to show multiple date/value labels

16. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
Victoria REB – Twn Core – Twn Westshore – Twn Peninsula – Twn
Select Date Range:
All values Jan 2006
Jan 2008
Jan 2010
Jan 2012
Jan 2014
Jan 2016
Jan 2018
Jan 2020
Jan 2022
Benchmark Price ($)
300,000
400,000
500,000
600,000
700,000
800,000
Benchmark Price Performance over Time
1. Area Group
VREB Area Summary
3. Area/Property Type Selection
Multiple values
2. Property Type
– Townhouse (Twn)
HPI or Benchmark Price
HPI
Benchmark Price
Adding labels
Hold Ctrl (Cmd) and select points on the chart to show multiple date/value labels

17. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
Victoria REB – SF-All Victoria REB – Twn Victoria REB – Con
Select Date Range:
All values Jan 2006
Jan 2008
Jan 2010
Jan 2012
Jan 2014
Jan 2016
Jan 2018
Jan 2020
Jan 2022
Benchmark Price ($)
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
1,000,000
Benchmark Price Performance over Time
1. Area Group
VREB Area Summary
3. Area/Property Type Selection
Multiple values
2. Property Type
Multiple values
HPI or Benchmark Price
HPI
Benchmark Price
Adding labels
Hold Ctrl (Cmd) and select points on the chart to show multiple date/value labels

18. Monthly Sales Summary (Mark I)
Residential Waterfront Properties Integrated Into Their Own Districts
Units Total Volume
August 2021
District
Produced: 01-Sep-2021
Residential
Single Family Detached
l
Greater Victoria
Victoria / Victoria West 41 $49,350,500
Oak Bay 21 $42,781,900
Esquimalt 7 $9,165,000
View Royal 6 $6,014,800
Saanich East 63 $87,774,337
Saanich West 31 $37,544,800
Central Saanich 10 $13,895,800
North Saanich 13 $27,943,688
Sidney 6 $5,881,750
Highlands 1 $1,125,000
Colwood 19 $19,802,583
Langford 52 $57,102,633
Metchosin 4 $4,730,000
Sooke 31 $26,033,900
Gulf Islands 35 $27,162,275
Total Greater Victoria 340 $416,308,966
Other Areas
Malahat Area 17 $20,168,734
Total Other Areas 17 $20,168,734
Total Single Family Detached 357 $436,477,700
Condo Apartment
l
Greater Victoria
Victoria / Victoria West 139 $81,772,400
Oak Bay 6 $5,098,500
Esquimalt 13 $6,805,600
View Royal 8 $4,006,945
Saanich East 34 $16,484,300
Saanich West 19 $9,168,450
Central Saanich 4 $1,741,900
Sidney 26 $18,992,800
Colwood 6 $2,488,500
Langford 85 $40,247,520
Sooke 4 $2,574,800
Total Greater Victoria 344 $189,381,715
Other Areas
UpIsland / Mainland 1 $1,180,000
Total Other Areas 1 $1,180,000
Total Condo Apartment 345 $190,561,715
Page 1 of 3
Victoria Real Estate Board Multiple Listing Service ®

19. Monthly Sales Summary (Mark I)
Residential Waterfront Properties Integrated Into Their Own Districts
Units Total Volume
August 2021
District
Produced: 01-Sep-2021
Row/Townhouse
l
Greater Victoria
Victoria / Victoria West 15 $10,281,800
Oak Bay 1 $1,275,000
Esquimalt 1 $699,000
View Royal 5 $2,789,400
Saanich East 16 $14,434,900
Saanich West 5 $3,817,000
Central Saanich 6 $3,949,500
North Saanich 1 $810,000
Sidney 7 $4,554,800
Colwood 1 $750,000
Langford 18 $12,357,600
Sooke 7 $4,359,800
Gulf Islands 3 $1,578,800
Total Greater Victoria 86 $61,657,600
Total Row/Townhouse 86 $61,657,600
Manufactured Home
l
Greater Victoria
View Royal 1 $100,000
Central Saanich 4 $1,295,000
Langford 4 $1,094,900
Sooke 3 $602,500
Gulf Islands 1 $412,000
Total Greater Victoria 13 $3,504,400
Other Areas
Malahat Area 1 $269,900
Total Other Areas 1 $269,900
Total Manufactured Home 14 $3,774,300
Total Residential 802 $692,471,315
Page 2 of 3
Victoria Real Estate Board Multiple Listing Service ®

20. Monthly Sales Summary (Mark I)
Residential Waterfront Properties Integrated Into Their Own Districts
Units Total Volume
August 2021
District
Produced: 01-Sep-2021
$719,806,477
831
Grand Totals
Other Property
Lots Acreage
l
Greater Victoria
Saanich East 1 $1,175,000
Colwood 1 $550,000
Langford 3 $3,423,000
Sooke 6 $3,202,628
Gulf Islands 10 $3,997,000
Total Greater Victoria 21 $12,347,628
Total Lots Acreage 21 $12,347,628
8 $14,987,534
Other Commercial Properties
l
Page 3 of 3
Victoria Real Estate Board Multiple Listing Service ®

21. Monthly Sales Summary (Mark II)
Waterfront Properties Segregated Into a 'Waterfront' District
Units Total Volume
August 2021
District
Produced: 01-Sep-2021
Residential
Single Family Detached
l
Greater Victoria
Victoria 39 $47,375,500
Victoria West 2 $1,975,000
Oak Bay 19 $36,281,900
Esquimalt 6 $6,615,000
View Royal 6 $6,014,800
Saanich East 62 $82,774,337
Saanich West 31 $37,544,800
Central Saanich 10 $13,895,800
North Saanich 7 $8,603,800
Sidney 5 $4,806,750
Highlands 1 $1,125,000
Colwood 19 $19,802,583
Langford 52 $57,102,633
Metchosin 4 $4,730,000
Sooke 26 $21,151,400
Gulf Islands 25 $19,568,900
Waterfront (all districts) 26 $46,940,763
Total Greater Victoria 340 $416,308,966
Other Areas
Malahat Area 13 $12,928,734
Waterfront (all districts) 4 $7,240,000
Total Other Areas 17 $20,168,734
Total Single Family Detached 357 $436,477,700
Condo Apartment
l
Greater Victoria
Victoria 112 $59,622,600
Victoria West 19 $11,945,800
Oak Bay 4 $1,938,500
Esquimalt 13 $6,805,600
View Royal 8 $4,006,945
Saanich East 34 $16,484,300
Saanich West 16 $7,866,450
Central Saanich 4 $1,741,900
Sidney 20 $13,602,900
Colwood 5 $2,138,500
Langford 85 $40,247,520
Waterfront (all districts) 24 $22,980,700
Total Greater Victoria 344 $189,381,715
Other Areas
UpIsland / Mainland 1 $1,180,000
Total Other Areas 1 $1,180,000
Total Condo Apartment 345 $190,561,715
Page 1 of 3
Victoria Real Estate Board Multiple Listing Service ®

22. Monthly Sales Summary (Mark II)
Waterfront Properties Segregated Into a 'Waterfront' District
Units Total Volume
August 2021
District
Produced: 01-Sep-2021
Row/Townhouse
l
Greater Victoria
Victoria 12 $7,846,800
Victoria West 3 $2,435,000
Oak Bay 1 $1,275,000
Esquimalt 1 $699,000
View Royal 5 $2,789,400
Saanich East 16 $14,434,900
Saanich West 5 $3,817,000
Central Saanich 5 $3,419,500
North Saanich 1 $810,000
Sidney 7 $4,554,800
Colwood 1 $750,000
Langford 18 $12,357,600
Sooke 5 $3,174,800
Gulf Islands 3 $1,578,800
Waterfront (all districts) 3 $1,715,000
Total Greater Victoria 86 $61,657,600
Total Row/Townhouse 86 $61,657,600
Manufactured Home
l
Greater Victoria
View Royal 1 $100,000
Central Saanich 4 $1,295,000
Langford 4 $1,094,900
Sooke 3 $602,500
Gulf Islands 1 $412,000
Total Greater Victoria 13 $3,504,400
Other Areas
Malahat Area 1 $269,900
Total Other Areas 1 $269,900
Total Manufactured Home 14 $3,774,300
Total Residential 802 $692,471,315
Page 2 of 3
Victoria Real Estate Board Multiple Listing Service ®

23. Monthly Sales Summary (Mark II)
Waterfront Properties Segregated Into a 'Waterfront' District
Units Total Volume
August 2021
District
Produced: 01-Sep-2021
$719,806,477
831
Grand Totals
Other Property
Lots Acreage
l
Greater Victoria
Saanich East 1 $1,175,000
Colwood 1 $550,000
Langford 3 $3,423,000
Sooke 6 $3,202,628
Gulf Islands 10 $3,997,000
Total Greater Victoria 21 $12,347,628
Total Lots Acreage 21 $12,347,628
8 $14,987,534
Other Commercial Properties
l
Page 3 of 3
Victoria Real Estate Board Multiple Listing Service ®

24. Sales to Active Listings Ratio
The ratio of counts of total residential sales over total active residential listings for the last 25 months
August 2021
Produced: 01-Sep-2021
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
110%
120%
Aug
2019
Sep
2019
Oct
2019
Nov
2019
Dec
2019
Jan
2020
Feb
2020
Mar
2020
Apr
2020
May
2020
Jun
2020
Jul
2020
Aug
2020
Sep
2020
Oct
2020
Nov
2020
Dec
2020
Jan
2021
Feb
2021
Mar
2021
Apr
2021
May
2021
Jun
2021
Jul
2021
Aug
2021
The Sales to Active Listings Ratio
This chart tracks the ratio of total residential sales over total active residential listings at month-end for
each of the last 25 months.
The active listing count and the sales count can be viewed as indicators of housing supply and
demand respectively. Observing the ratio between them can thus help indicate a buyers' market,
where there is sustained downward pressure on prices, and a sellers' market, where there is
sustained upward pressure on prices.
Based on a regression analysis performed by the Economics Department of the BC Real Estate
Association in each market area of the province, the Sales to Active Listings Ratio for Victoria can be
interpreted as follows:
- below 14%, there is downward pressure on prices (buyers' market)
- above 20%, there is upward pressure on prices (sellers' market)
- in the 14-20% range, there is little pressure on prices either way (balanced market)
Victoria Real Estate Board Multiple Listing Service ® Page 1 of 1

25. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
August 2021
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Sep-2021
Single Family - Residential
Units Listed 301
Units Sold 273
Sell/List Ratio 91
Sales Dollars $320,370,937
Average Price / Unit $1,173,520
Price Ratio 103
Days To Sell 23
Active Listings at Month End 267
%
%
526
393
75
$375,253,950
$954,845
99
33
692
%
%
-43
-31
-15
23
-29
-61
%
%
%
%
%
%
3412
2801
82
$3,166,036,156
$1,130,324
103
19
%
%
3431
2208
64
$1,993,844,375
$903,009
99
37
%
%
-1
27
59
25
-49
%
%
%
%
%
Single Family - Residential Waterfront
Units Listed 22
Units Sold 26
Sell/List Ratio 118
Sales Dollars $52,856,763
Average Price / Unit $2,032,952
Price Ratio 97
Days To Sell 55
Active Listings at Month End 58
%
%
47
42
89
$66,519,381
$1,583,795
97
68
135
%
%
-53
-38
-21
28
-18
-57
%
%
%
%
%
%
271
192
71
$384,723,886
$2,003,770
99
51
%
%
318
167
53
$287,057,744
$1,718,909
95
82
%
%
-15
15
34
17
-38
%
%
%
%
%
Single Family - Residential Acreage
Units Listed 38
Units Sold 29
Sell/List Ratio 76
Sales Dollars $42,398,800
Average Price / Unit $1,462,028
Price Ratio 99
Days To Sell 25
Active Listings at Month End 62
%
%
46
47
102
$50,645,787
$1,077,570
97
66
133
%
%
-17
-38
-16
36
-61
-53
%
%
%
%
%
%
342
264
77
$399,366,684
$1,512,753
100
40
%
%
374
221
59
$242,115,385
$1,095,545
97
63
%
%
-9
19
65
38
-36
%
%
%
%
%
Condo Apartment
Units Listed 339
Units Sold 345
Sell/List Ratio 102
Sales Dollars $190,561,715
Average Price / Unit $552,353
Price Ratio 100
Days To Sell 24
Active Listings at Month End 320
%
%
397
262
66
$126,109,600
$481,334
98
48
760
%
%
-15
32
51
15
-51
-58
%
%
%
%
%
%
3031
2506
83
$1,349,942,700
$538,684
100
27
%
%
2710
1362
50
$654,850,244
$480,800
98
41
%
%
12
84
106
12
-35
%
%
%
%
%
Page 1 of 8
Victoria Real Estate Board Multiple Listing Service ®

26. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
August 2021
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Sep-2021
Row/Townhouse
Units Listed 97
Units Sold 86
Sell/List Ratio 89
Sales Dollars $61,657,600
Average Price / Unit $716,949
Price Ratio 102
Days To Sell 21
Active Listings at Month End 70
%
%
149
140
94
$87,136,986
$622,407
99
45
199
%
%
-35
-39
-29
15
-53
-65
%
%
%
%
%
%
968
842
87
$597,603,957
$709,743
102
22
%
%
996
663
67
$397,055,639
$598,877
99
46
%
%
-3
27
51
19
-52
%
%
%
%
%
Half Duplex (Up and Down)
Units Listed 4
Units Sold 2
Sell/List Ratio 50
Sales Dollars $2,045,000
Average Price / Unit $1,022,500
Price Ratio 95
Days To Sell 48
Active Listings at Month End 5
%
%
1
0
$0
1
%
%
300
400
%
%
%
%
%
%
19
12
63
$12,854,300
$1,071,192
102
24
%
%
4
2
50
$691,000
$345,500
95
172
%
%
375
500
1760
210
-86
%
%
%
%
%
Half Duplex (Side by Side)
Units Listed 15
Units Sold 14
Sell/List Ratio 93
Sales Dollars $10,498,800
Average Price / Unit $749,914
Price Ratio 101
Days To Sell 26
Active Listings at Month End 13
%
%
25
19
76
$12,160,900
$640,047
100
30
47
%
%
-40
-26
-14
17
-13
-72
%
%
%
%
%
%
218
191
88
$150,657,515
$788,783
103
23
%
%
126
77
61
$50,023,100
$649,651
99
32
%
%
73
148
201
21
-28
%
%
%
%
%
Half Duplex (Front and Back)
Units Listed 1
Units Sold 3
Sell/List Ratio 300
Sales Dollars $2,802,500
Average Price / Unit $934,167
Price Ratio 98
Days To Sell 33
Active Listings at Month End 2
%
%
4
4
100
$2,552,500
$638,125
98
33
6
%
%
-75
-25
10
46
3
-67
%
%
%
%
%
%
36
27
75
$22,268,550
$824,761
104
16
%
%
18
12
67
$7,630,400
$635,867
99
34
%
%
100
125
192
30
-53
%
%
%
%
%
Page 2 of 8
Victoria Real Estate Board Multiple Listing Service ®

27. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
August 2021
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Sep-2021
Recreational
Units Listed 4
Units Sold 7
Sell/List Ratio 175
Sales Dollars $1,706,900
Average Price / Unit $243,843
Price Ratio 103
Days To Sell 187
Active Listings at Month End 5
%
%
3
3
100
$210,000
$70,000
92
20
15
%
%
33
133
713
248
852
-67
%
%
%
%
%
%
24
25
104
$5,130,500
$205,220
102
228
%
%
26
11
42
$1,097,900
$99,809
93
204
%
%
-8
127
367
106
12
%
%
%
%
%
Manufactured Home
Units Listed 25
Units Sold 14
Sell/List Ratio 56
Sales Dollars $3,774,300
Average Price / Unit $269,593
Price Ratio 99
Days To Sell 43
Active Listings at Month End 43
%
%
17
25
147
$6,498,788
$259,952
97
49
33
%
%
47
-44
-42
4
-12
30
%
%
%
%
%
%
190
125
66
$43,454,356
$347,635
100
36
%
%
135
105
78
$25,229,997
$240,286
95
59
%
%
41
19
72
45
-40
%
%
%
%
%
Residential Lots
Units Listed 12
Units Sold 8
Sell/List Ratio 67
Sales Dollars $4,526,100
Average Price / Unit $565,763
Price Ratio 98
Days To Sell 59
Active Listings at Month End 35
%
%
40
15
38
$6,969,500
$464,633
96
74
143
%
%
-70
-47
-35
22
-20
-76
%
%
%
%
%
%
196
167
85
$84,146,581
$503,872
98
80
%
%
240
90
38
$39,646,774
$440,520
98
121
%
%
-18
86
112
14
-34
%
%
%
%
%
Residential Lots - Waterfront
Units Listed 1
Units Sold 3
Sell/List Ratio 300
Sales Dollars $1,880,000
Average Price / Unit $626,667
Price Ratio 96
Days To Sell 29
Active Listings at Month End 5
%
%
6
3
50
$1,000,000
$333,333
96
73
37
%
%
-83
0
88
88
-60
-86
%
%
%
%
%
%
25
31
124
$17,917,595
$577,987
97
179
%
%
48
10
21
$6,163,125
$616,313
91
185
%
%
-48
210
191
-6
-3
%
%
%
%
%
Page 3 of 8
Victoria Real Estate Board Multiple Listing Service ®

28. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
August 2021
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Sep-2021
Residential Acreage
Units Listed 5
Units Sold 7
Sell/List Ratio 140
Sales Dollars $3,813,528
Average Price / Unit $544,790
Price Ratio 93
Days To Sell 78
Active Listings at Month End 22
%
%
13
8
62
$5,305,250
$663,156
90
240
66
%
%
-62
-13
-28
-18
-67
-67
%
%
%
%
%
%
79
73
92
$46,055,428
$630,896
99
106
%
%
109
51
47
$30,560,350
$599,223
93
155
%
%
-28
43
51
5
-32
%
%
%
%
%
Residential Acreage - Waterfront
Units Listed 2
Units Sold 3
Sell/List Ratio 150
Sales Dollars $2,128,000
Average Price / Unit $709,333
Price Ratio 89
Days To Sell 50
Active Listings at Month End 6
%
%
4
5
125
$3,154,000
$630,800
90
301
26
%
%
-50
-40
-33
12
-83
-77
%
%
%
%
%
%
26
29
112
$28,691,900
$989,376
93
175
%
%
30
17
57
$14,972,182
$880,717
90
196
%
%
-13
71
92
12
-11
%
%
%
%
%
Revenue - Duplex/Triplex
Units Listed 2
Units Sold 3
Sell/List Ratio 150
Sales Dollars $3,798,000
Average Price / Unit $1,266,000
Price Ratio 99
Days To Sell 36
Active Listings at Month End 4
%
%
3
1
33
$787,500
$787,500
97
10
%
%
-33
200
382
61
-60
%
%
%
%
%
%
74
43
58
$50,046,296
$1,163,867
101
20
%
%
37
23
62
$22,588,450
$982,107
96
41
%
%
100
87
122
19
-53
%
%
%
%
%
Revenue - Multi Units
Units Listed 2
Units Sold 2
Sell/List Ratio 100
Sales Dollars $11,600,000
Average Price / Unit $5,800,000
Price Ratio 94
Days To Sell 86
Active Listings at Month End 18
%
%
8
5
63
$7,025,000
$1,405,000
93
87
23
%
%
-75
-60
65
313
-1
-22
%
%
%
%
%
%
52
26
50
$69,817,500
$2,685,288
95
81
%
%
33
7
21
$11,425,000
$1,632,143
91
84
%
%
58
271
511
65
-4
%
%
%
%
%
Page 4 of 8
Victoria Real Estate Board Multiple Listing Service ®

29. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
August 2021
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Sep-2021
Revenue - Apartment Block
Units Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 0
%
%
0
0
$0
0
%
%
%
%
%
%
%
%
0
0
$0
%
%
9
3
33
$8,498,900
$2,832,967
93
128
%
%
-100
-100
-100
%
%
%
%
%
Revenue - Commercial
Units Listed 7
Units Sold 2
Sell/List Ratio 29
Sales Dollars $2,302,500
Average Price / Unit $1,151,250
Price Ratio 94
Days To Sell 106
Active Listings at Month End 32
%
%
9
1
11
$585,000
$585,000
88
96
50
%
%
-22
100
294
97
10
-36
%
%
%
%
%
%
63
25
40
$29,189,296
$1,167,572
97
113
%
%
59
10
17
$8,025,900
$802,590
95
91
%
%
7
150
264
45
24
%
%
%
%
%
Revenue - Industrial
Units Listed 0
Units Sold 1
Sell/List Ratio
Sales Dollars $995,000
Average Price / Unit $995,000
Price Ratio 100
Days To Sell 50
Active Listings at Month End 9
%
%
4
4
100
$1,930,200
$482,550
104
91
10
%
%
-100
-75
-48
106
-45
-10
%
%
%
%
%
%
21
13
62
$17,657,868
$1,358,298
98
81
%
%
6
4
67
$1,930,200
$482,550
104
91
%
%
250
225
815
181
-11
%
%
%
%
%
Business with Land Building
Units Listed 1
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 4
%
%
0
0
$0
9
%
%
-56
%
%
%
%
%
%
6
2
33
$3,403,186
$1,701,593
85
142
%
%
41
17
41
$27,563,992
$1,621,411
91
144
%
%
-85
-88
-88
5
-1
%
%
%
%
%
Page 5 of 8
Victoria Real Estate Board Multiple Listing Service ®

30. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
August 2021
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Sep-2021
Business Only
Units Listed 5
Units Sold 1
Sell/List Ratio 20
Sales Dollars $90,000
Average Price / Unit $90,000
Price Ratio 51
Days To Sell 25
Active Listings at Month End 44
%
%
7
0
$0
44
%
%
-29
0
%
%
%
%
%
%
67
14
21
$3,256,500
$232,607
92
167
%
%
77
14
18
$1,103,000
$78,786
76
114
%
%
-13
0
195
195
46
%
%
%
%
%
Motel/Hotel
Units Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 0
%
%
0
0
$0
0
%
%
%
%
%
%
%
%
0
0
$0
%
%
2
0
0
$0
%
%
-100 %
%
%
%
%
Lease - Office
Units Listed 6
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 54
%
%
11
1
9
$15
$15
100
165
74
%
%
-45
-100
-100
-27
%
%
%
%
%
%
68
15
22
$2,021
$135
97
137
%
%
64
4
6
$69
$17
223
261
%
%
6
275
2830
681
-48
%
%
%
%
%
Lease - Retail
Units Listed 2
Units Sold 1
Sell/List Ratio 50
Sales Dollars $22
Average Price / Unit $22
Price Ratio 93
Days To Sell 109
Active Listings at Month End 22
%
%
9
2
22
$61
$30
98
75
47
%
%
-78
-50
-63
-27
45
-53
%
%
%
%
%
%
47
21
45
$8,751
$417
92
142
%
%
43
11
26
$1,882
$171
110
208
%
%
9
91
365
144
-32
%
%
%
%
%
Page 6 of 8
Victoria Real Estate Board Multiple Listing Service ®

31. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
August 2021
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Sep-2021
Lease - Warehouse
Units Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 0
%
%
0
0
$0
0
%
%
%
%
%
%
%
%
0
0
$0
%
%
1
0
0
$0
%
%
-100 %
%
%
%
%
Lease - Industrial
Units Listed 0
Units Sold 1
Sell/List Ratio
Sales Dollars $12
Average Price / Unit $12
Price Ratio 92
Days To Sell 44
Active Listings at Month End 4
%
%
2
0
$0
8
%
%
-100
-50
%
%
%
%
%
%
13
3
23
$49
$16
100
45
%
%
3
1
33
$14
$14
111
304
%
%
333
200
237
12
-85
%
%
%
%
%
Lease - Other
Units Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 3
%
%
0
0
$0
1
%
%
200
%
%
%
%
%
%
5
2
40
$2,890,603
$1,445,302
7606850
95
%
%
51
2
4
$30
$15
61
%
%
-90
0
9635243
9635243
55
%
%
%
%
%
Commercial Land
Units Listed 3
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 13
%
%
2
-1
-50
-$1,750,000
$1,750,000
100
15
%
%
50
-100
-100
-13
%
%
%
%
%
%
14
6
43
$12,857,500
$2,142,917
95
253
%
%
26
0
0
$0
472
%
%
-46
-46
%
%
%
%
%
Page 7 of 8
Victoria Real Estate Board Multiple Listing Service ®

32. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
August 2021
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 01-Sep-2021
Units Listed 894
Units Sold 831
Sell/List Ratio 93
Sales Dollars $719,806,477
Average Price / Unit $866,193
Price Ratio 101
Days To Sell 28
Active Listings at Month End 1120
%
%
Grand Totals
1333
979
73
$752,094,418
$768,227
98
47
2584
%
%
-33
-15
-4
13
-41
-57
%
%
%
%
%
%
9267
7455
80
$6,497,979,678
$871,627
102
30
%
%
9017
5092
56
$3,832,075,653
$752,568
98
48
%
%
3
46
70
16
-38
%
%
%
%
%
Page 8 of 8
Victoria Real Estate Board Multiple Listing Service ®