The Victoria Real Estate Board reported on the June 2022 housing market in Victoria, BC. Sales decreased 35% from June 2021 with 612 properties sold. Inventory increased nearly 50% to 2,059 active listings. While rising inventory is improving choice for buyers, the President of VREB stressed the continued need for new housing supply to ensure long-term affordability given demand drivers like population growth. Benchmark home prices rose 23.6% for single-family homes and 29.7% for condos compared to June 2021.
Victoria Real Estate Board November 2022 Statistics with charts and graphs. A total of 384 properties sold in the Victoria Real Estate Board region this November, 41.2 per cent
fewer than the 653 properties sold in November 2021 and 20 per cent fewer than in October 2022.
Sales of condominiums were down 42.4 per cent from November 2021 with 136 units sold. Sales of
single family homes decreased 34.1 per cent from November 2021 with 182 sold.
Victoria Real Estate Board Monthly Statistics Package September 2023.pdfVickyAulakh1
Victoria Real Estate Board Monthly Statistics Package September 2023 with detailed charts and graphs.
Victoria’s summer real estate market conditions push into September.
A total of 410 properties sold in the Victoria Real Estate Board region this September, 46.1 per cent fewer than
the 761 properties sold in September 2021 and a 14.2 per cent decrease from August 2022. Sales of
condominiums were down 58.8 per cent from September 2021 with 126 units sold. Sales of single family homes decreased 33.2 per cent from September 2021 with 221 sold.
Victoria Real Estate Board Statistics December 2022 with charts and graphs. The 2022 Victoria real estate market year in review. A total of 320 properties sold in the Victoria Real Estate Board region this December, 26.9 per cent fewer than the 438 properties sold in December 2021 and a 16.7 per cent decrease from November 2022. Sales of condominiums were down 38.2 per cent from December 2021 with 94 units sold. Sales of single family homes decreased 24.6 per cent from December 2021 with 156 sold.
April 2023 Okanagan Real Estate Stats. Local Residential Real Estate Market Picking Up Speed.
KELOWNA, B.C. – June 6, 2023. Residential real estate market sales are picking up the pace after a sluggish spring market start, reports the Association of Interior REALTORS® (the Association). A total of 1,662 residential unit sales were recorded across the Association region in May representing a mild 3.4% decrease in sales compared to the same month last year, yet up compared to April’s 1,226 unit sales.
Fraser Valley Real Estate Board May 2023 Statistics Package with charts and graphs. Delayed spring activity boosts supply of property listings in the Fraser Valley. At 3,533, new listings were just below May 2022 levels (3,631) but slightly higher (2.7 per cent) than the ten-year average for the region. A welcome trend towards alleviating housing supply issues.
Victoria Real Estate Board November 2022 Statistics with charts and graphs. A total of 384 properties sold in the Victoria Real Estate Board region this November, 41.2 per cent
fewer than the 653 properties sold in November 2021 and 20 per cent fewer than in October 2022.
Sales of condominiums were down 42.4 per cent from November 2021 with 136 units sold. Sales of
single family homes decreased 34.1 per cent from November 2021 with 182 sold.
Victoria Real Estate Board Monthly Statistics Package September 2023.pdfVickyAulakh1
Victoria Real Estate Board Monthly Statistics Package September 2023 with detailed charts and graphs.
Victoria’s summer real estate market conditions push into September.
A total of 410 properties sold in the Victoria Real Estate Board region this September, 46.1 per cent fewer than
the 761 properties sold in September 2021 and a 14.2 per cent decrease from August 2022. Sales of
condominiums were down 58.8 per cent from September 2021 with 126 units sold. Sales of single family homes decreased 33.2 per cent from September 2021 with 221 sold.
Victoria Real Estate Board Statistics December 2022 with charts and graphs. The 2022 Victoria real estate market year in review. A total of 320 properties sold in the Victoria Real Estate Board region this December, 26.9 per cent fewer than the 438 properties sold in December 2021 and a 16.7 per cent decrease from November 2022. Sales of condominiums were down 38.2 per cent from December 2021 with 94 units sold. Sales of single family homes decreased 24.6 per cent from December 2021 with 156 sold.
April 2023 Okanagan Real Estate Stats. Local Residential Real Estate Market Picking Up Speed.
KELOWNA, B.C. – June 6, 2023. Residential real estate market sales are picking up the pace after a sluggish spring market start, reports the Association of Interior REALTORS® (the Association). A total of 1,662 residential unit sales were recorded across the Association region in May representing a mild 3.4% decrease in sales compared to the same month last year, yet up compared to April’s 1,226 unit sales.
Fraser Valley Real Estate Board May 2023 Statistics Package with charts and graphs. Delayed spring activity boosts supply of property listings in the Fraser Valley. At 3,533, new listings were just below May 2022 levels (3,631) but slightly higher (2.7 per cent) than the ten-year average for the region. A welcome trend towards alleviating housing supply issues.
Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
Keep Your Home Naturally Cool and Warm Out Change in Seasons
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Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Green Homes, Islamabad Presentation .pdfticktoktips
Green Homes Islamabad offers beautifully designed 5, 8, and 10 Marla homes near the airport and motorway. Enjoy luxury, convenience, and high rental returns in a prime location.
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Need MCA leads? No sweat! MCAs are great for small biz funding. Learn how to snag top-notch leads: businesses needing cash, with repayment ability, decision-makers, and accurate contacts. Use content, social ads, lead platforms, partnerships, and capture processes for quality leads.
https://www.leadgeneration.media/blog/b/streamline-your-mca-sales-process-with-pre-qualified-leads
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG
One FNG by Group 108 is launching a new commercial project in Sector 142 Noida. Office space and high street retail shops on the FNG and Noida Expressway. For more information visit the website https://www.onefng.com/
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
Simpolo Tiles & Bathware
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Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
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Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
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
July 4, 2022
Victoria’s hot housing market levels off, supply still important for long-term attainability
A total of 612 properties sold in the Victoria Real Estate Board region this June, 35 per cent fewer than
the 942 properties sold in June 2021 and a 19.6 per cent decrease from May 2022. Sales of
condominiums were down 40.2 per cent from June 2021 with 202 units sold. Sales of single family
homes decreased 31.4 per cent from June 2021 with 302 sold.
“The market feels a bit more normal right now,” says Karen Dinnie-Smyth, 2022 Victoria Real Estate
Board President. “We have seen more inventory come onto the market to the extent that we are back
to numbers closer to those which we saw in pre-pandemic 2020. This is good news, as more inventory
provides more choice and builds in more time for consumers to work with their REALTORS® to make
decisions.”
There were 2,059 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at
the end of June 2022, an increase of 15.9 per cent compared to the previous month of May and a 49.7
per cent increase from the 1,375 active listings for sale at the end of June 2021.
“It may seem counterintuitive to continue to talk about the need for supply at a time when inventory is
rising,” adds President Dinnie-Smyth. “We must keep the conversation alive, and we urge all levels of
government to continue to aggressively address the housing supply situation. We need more supply of
all types of housing. Not only do we remain on the lower side of longer-term historical averages of
homes for sale, but there will be future challenges - changing interest rates, supply chain and labour
constraints will hamper the ability to create new homes at a pace to meet future growth. New supply
will be the key to future housing attainability in our community.”
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the
Victoria Core in June 2021 was $1,184,700. The benchmark value for the same home in June 2022
increased by 23.6 per cent to $1,464,400, up from May's value of $1,446,400. The MLS® HPI
benchmark value for a condominium in the Victoria Core area in June 2021 was $495,900 while the
benchmark value for the same condominium in June 2022 increased by 29.7 per cent to $643,100, up
from the May value of $633,800.
About the Victoria Real Estate Board – Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards
and innovative programs to enhance the professionalism of Realtors. The Victoria Real Estate Board represents 1,586 local Realtors. If
you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area
housing market.
PRESIDENT
Karen Dinnie-Smyth
PRESIDENT ELECT
Graden Sol
TREASURER
Jackie Ngai
PAST PRESIDENT
David Langlois
DIRECTORS
Sheila Aujla
Bev Berger
Fergus Kyne
Laurie Lidstone
Dirk VanderWal
EXECUTIVE OFFICER
David Corey
2. Sales by Property Type
Single Family Greater Victoria
Single Family Other Areas
Single Family Total All Areas
Condo Apartment
Row/Townhouse
Manufactured Home
Total Residential
Total Sales
Active Listings
Units Median$
Average$
LY%
LM% LY%
LM% LY%
LM% Units Median$
Average$ Units Median$
Average$
June 2022
291
202
66
19
589
302
612
11
2,059
351
250
84
23
724
367
761
16
1,776
428
338
99
13
890
440
942
12
1,375
$1,359,083
$640,498
$930,226
$304,576
$1,349,403
$1,093,323
$1,180,000
$565,000
$845,000
$275,000
$1,178,250
$1,050,000
$1,404,944
$655,518
$850,224
$468,448
$1,396,076
$1,201,531
$1,250,000
$598,000
$800,000
$393,000
$1,240,000
$1,032,500
$1,220,013
$536,276
$723,289
$318,769
$1,218,176
$1,152,650
$1,050,000
$485,000
$703,000
$219,000
$1,049,000
$1,015,500
-17.1%
-19.2%
-21.4%
-17.4%
-18.6%
-17.7%
-19.6%
-31.3%
15.9%
-32.0%
-40.2%
-33.3%
46.2%
-33.8%
-31.4%
-35.0%
-8.3%
49.7%
-3.3%
-2.3%
9.4%
-35.0%
-3.3%
-9.0%
11.4%
19.4%
28.6%
-4.5%
10.8%
-5.1%
-5.6%
-5.5%
5.6%
-30.0%
-5.0%
1.7%
12.4%
16.5%
20.2%
25.6%
12.3%
3.4%
May 2022 June 2021
Legend
Units: net number of listings sold
LM%: percentage change since Last Month
LY%: percentage change since This Month Last Year
Average$: average selling price
Median$: median selling price
Total Residential: includes sales of residential property types
Total Sales: includes sales of all property types
Active Listings: total listings of all types on the market at midnight on the last day of the month
This Month Last Month
Produced: 02-Jul-2022
June 2022
Previous Periods Comparison
This Month Last Year
Page 1 of 1
Victoria Real Estate Board Multiple Listing Service ®
June 2022
Statistics Package for Media
Victoria Real Estate Board June 2022 Statistics
Previous Periods Comparison of Unit Sales, Average Prices and Median Prices
Previous Periods Comparison of MLS® HPI Benchmark Prices and MLS® HPI Index Values
3. 6DOHVWR$FWLYH/LVWLQJV5DWLR
The ratio of counts of total residential sales over total active residential listings for the last 25 months
-XQH
Produced: 04-Jul-2022
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GHPDQGUHVSHFWLYHO2EVHUYLQJWKHUDWLREHWZHHQWKHPFDQWKXVKHOSLQGLFDWHDEXHUV
PDUNHW
ZKHUHWKHUHLVVXVWDLQHGGRZQZDUGSUHVVXUHRQSULFHVDQGDVHOOHUV
PDUNHWZKHUHWKHUHLV
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$VVRFLDWLRQLQHDFKPDUNHWDUHDRIWKHSURYLQFHWKH6DOHVWR$FWLYH/LVWLQJV5DWLRIRU9LFWRULDFDQEH
LQWHUSUHWHGDVIROORZV
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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 June 2022 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 fifteen 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 June 2022 Statistics
7. MLS® HPI benchmark and value - Condominium / Apartments
Victoria Real Estate Board June 2022 Statistics
8. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
June 2022 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
$990,600
$972,300
$968,700
$967,000
$961,800
$957,600
$955,100
$953,900
$951,300
$939,200
$938,000 $933,500
$916,200
$913,600
$911,700
$910,800
$905,200
$903,400
$892,400
$885,300
$883,700
$882,900
$879,600
$876,400
$876,300
$838,800
$838,700
$813,900
$811,300
$785,700
$785,700
$779,900
$771,500
$757,900
$757,000
$748,700
$744,500
$734,400
$725,400
$717,400
$704,500
$704,000
$692,900
$678,900
$671,700
$636,800
$629,300
$626,900
$618,200
$617,200
$600,100
$599,500
$597,800
$551,300
$529,600
$506,700
$484,300
$475,900
$469,000
$440,300
$436,800
$417,900
$384,500
$370,800
$355,800
$336,900
$330,600
$327,600
$319,700
$303,500
$303,200
$302,700
$294,100
$288,400
$270,400
$1,990,800 $1,959,000 $1,870,900 $1,701,400 $1,676,300
$1,581,900
$1,572,400
$1,552,200
$1,522,700
$1,491,100
$1,489,400 $1,472,800
$1,462,400
$1,412,800
$1,401,800
$1,387,400
$1,373,000
$1,364,200
$1,344,000
$1,320,300
$1,301,300
$1,294,700
$1,294,600
$1,293,600
$1,279,600
$1,278,300
$1,277,800
$1,246,400
$1,243,700
$1,240,200
$1,234,800
$1,233,800
$1,209,200
$1,199,300
$1,199,000
$1,196,400
$1,194,300
$1,187,100
$1,183,600
$1,178,600
$1,177,400
$1,174,900
$1,174,100
$1,160,100
$1,157,500
$1,149,700
$1,146,400
$1,132,600
$1,131,100
$1,127,600
$1,124,800
$1,123,400
$1,109,600
$1,103,600
$1,097,800
$1,095,700
$1,091,000
$1,089,900
$1,084,300
$1,072,000
$1,071,200
$1,047,700
$1,045,900
$1,039,400
$1,038,600
$1,025,100
$1,012,100
$1,011,600
$1,011,600
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
June 2022 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
378.7
375.2
373.7
371.0
370.6
369.1
367.3
366.0
365.2
364.6
362.1
362.0
358.0
357.6
356.4
356.1
356.0
355.6
355.4
354.8
354.5
354.1
352.4
350.9
350.8
350.3
349.1
346.9
346.8
345.2
343.4
341.3
341.3
339.8
338.1
335.3
334.2
333.0
332.4
331.7
331.0
330.2
328.8
326.8
326.4
325.7
324.3
320.0
319.8
319.5
317.9
317.6
314.3
311.8
309.9
308.5
307.3
307.0
306.5
305.9
304.1
301.8
301.1
300.4
300.0
299.1
298.5
296.2
294.6
294.0
290.9
286.6
284.5
284.1
283.5
283.1
280.1
280.0
279.7
279.3
276.4
274.5
274.1
268.9
268.2
267.5
264.4
261.3
251.3
242.0
235.6
235.0
232.7
232.2
229.1
228.5
227.9
226.5
220.8
217.0
215.7
215.3
212.9
211.9
210.4
209.2
207.6
207.3
207.3
205.0
204.4
203.9
203.8
201.5
199.9
196.1
194.2
193.1
192.0
188.7
185.5
179.1
178.5
175.7
174.5 145.1 100.0
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
June 2022 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
$880,400 $865,700 $852,200
$852,200 $819,200
$806,400
$802,200
$799,400 $765,300
$749,600 $706,200
$705,800
$690,900 $674,000
$670,400 $666,200
$663,600
$659,800
$657,000
$635,800
$632,200
$630,100
$628,400
$624,200
$624,100
$622,500
$614,000
$611,900
$607,400
$606,100
$599,100
$595,200
$591,500
$590,500
$589,000
$582,000
$580,800
$580,300
$576,600
$572,800
$570,500
$567,600
$564,100
$560,800 $560,100 $560,000
$556,300
$549,700
$549,600
$549,200
$545,300
$544,300
$543,000
$535,500
$526,800
$520,000
$514,800 $502,600
$496,700
$493,200
$491,900
$489,800
$487,400
$485,500
$484,700
$478,100
$477,400
$474,500
$472,700
$472,400
$472,300
$466,000
$455,700
$454,200
$449,000
$447,300
$445,000
$435,200
$431,700
$418,200
$415,900
$414,600
$410,700
$406,500
$402,600
$388,500
$378,200
$377,500
$377,100
$369,700
$368,400
$364,100
$358,300
$335,500
$330,300
$310,500
$308,800
$285,500
$253,200
$234,200
$231,100
$199,200
$195,700
$195,500
$169,900
$167,000
$159,100
$152,000
$150,200
$143,700
$131,400
$115,000
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
June 2022 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
426.8 426.3 426.2
425.9 415.7
410.9
410.7
405.0 401.3
399.6 392.3
389.1
385.9
381.0
375.3
374.6
370.9
370.9
368.8
366.4
366.4
366.0
366.0
365.9
363.9
362.9
361.5
357.5
357.1
354.6
349.8
347.5
345.7
342.6
342.5
340.4
339.4
337.1
336.1
331.1
327.9
324.4
321.4
318.9
315.9
315.2
311.4
311.3
305.6
301.4
300.8
298.8
296.8
296.3
295.7
295.4
289.5
288.5
288.5
287.6
285.9
285.5
282.5
280.6
280.0
278.9
270.1
269.9
268.5
268.1
261.4
258.5
258.4
256.2
255.3
253.4
252.3
248.8
245.3
242.4
242.0
241.6
241.5
236.1
235.5
228.8
225.2
222.2
221.4
220.2
217.3
213.9
207.3
206.7
206.3
205.7
204.1
172.7
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
June 2022 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
$966,400
$955,800
$941,100 $936,100
$933,100 $907,100
$892,100
$884,500
$883,800
$861,300
$858,700
$850,300
$850,100
$845,500
$845,200
$841,900
$840,500
$839,700
$836,600
$834,200
$833,400
$824,600
$819,800
$818,500
$809,800
$805,200
$796,700
$795,700
$794,200
$786,500
$784,400
$784,400
$783,300
$781,500
$779,000
$770,400
$767,500
$763,800
$762,000
$754,400
$752,800
$745,000
$742,900
$740,300
$740,100
$739,900
$738,000
$735,000
$734,900
$730,000
$725,800
$724,900
$717,400
$711,400
$705,600
$703,100
$687,300
$680,000
$674,200
$672,700
$669,900
$667,100
$649,200
$647,200
$644,200
$643,300
$639,500
$636,600
$631,000
$623,600
$614,000
$612,700
$599,400
$592,800
$562,700
$559,900
$553,500
$549,800
$548,200
$539,000
$525,400
$521,700
$506,800
$500,800
$500,400
$499,600
$496,400
$480,000
$470,500
$467,400
$458,800
$457,400
$446,600
$427,300
$422,400
$395,500
$375,200
$370,700
$321,500
$295,200
$288,500
$258,200
$254,800
$245,700
$244,300
$240,700
$232,300
$221,100
$219,500
$213,400
$212,000
$201,100
Benchmark Price by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Townhouse (Twn)
13. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
June 2022 1 Month Ago 3 Months Ago 6 Months Ago 12 Months Ago 3 Years Ago 5 Years Ago January 2005
Victoria REB – Twn
Victoria – Twn
Victoria West – Twn
Esquimalt – Twn
View Royal – Twn
Saanich East – Twn
Saanich West – Twn
Sooke – Twn
Langford – Twn
Colwood – Twn
Sidney – Twn
Central Saanich – Twn
ML Malahat Area – Twn
GI Gulf Islands – Twn
435.4
410.0
406.4
393.9
387.4
383.6 380.0
367.1
365.4
364.2
362.0
360.0
352.6
350.9
348.4
348.1
346.0
344.4
343.7
342.4
340.5
337.7
336.4
336.2
334.6
331.5
329.6
329.3
324.2
322.8
321.8
321.2
320.1
318.8
318.0
317.1
312.7
311.9
308.6
307.6
306.2
303.8
302.9
301.5
300.6
299.4
295.4
295.0
294.2
293.1
293.0
292.7
291.4
290.2
288.5
287.5
282.1
278.3
277.7
273.1
269.5
267.1
265.7
264.7
264.0
261.1
255.2
253.0
247.0
239.4
234.7
230.3
230.0
228.1
223.8
221.9
220.7
219.9
218.2
213.5
212.3
211.5
209.3
207.6
206.9
203.7
199.2
194.8
194.2
194.1
193.5
191.0 186.4
184.3
183.9
169.7
166.4
164.3
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
HPI by Timeframe and Property Type
Value or percent change
Value
Percent change
HPI or Benchmark Price
HPI
Benchmark Price
1. Area Group
VREB District Summary
3. Area/Property Type Selection
All
2. Property Type
– Townhouse (Twn)
14. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
Victoria REB – SF-All Core – SF-All Westshore – SF-All Peninsula – SF-All
Select Date Range:
All values
Jan 2003
Jan 2005
Jan 2007
Jan 2009
Jan 2011
Jan 2013
Jan 2015
Jan 2017
Jan 2019
Jan 2021
Jan 2023
Benchmark Price ($)
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
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 2003
Jan 2005
Jan 2007
Jan 2009
Jan 2011
Jan 2013
Jan 2015
Jan 2017
Jan 2019
Jan 2021
Jan 2023
Benchmark Price ($)
100,000
200,000
300,000
400,000
500,000
600,000
Benchmark Price Performance over Time
1. Area Group
VREB Area Summary
3. Area/Property Type Selection
All
2. Property Type
– Condo Apartment (Con)
HPI or Benchmark Price
HPI
Benchmark Price
Adding labels
Hold Ctrl (Cmd) and select points on the chart to show multiple date/value labels
16. Note: Areas with insufficient sales are not included in the HPI.
Source: Victoria Real Estate Board
Victoria REB – Twn Core – Twn Westshore – Twn Peninsula – Twn
Select Date Range:
All values
Jan 2003
Jan 2005
Jan 2007
Jan 2009
Jan 2011
Jan 2013
Jan 2015
Jan 2017
Jan 2019
Jan 2021
Jan 2023
Benchmark Price ($)
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
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
18. Monthly Sales Summary (Mark I)
Residential Waterfront Properties Integrated Into Their Own Districts
Units Total Volume
June 2022
District
Produced: 02-Jul-2022
Residential
Single Family Detached
l
Greater Victoria
Victoria / Victoria West 40 $51,631,074
Oak Bay 12 $19,536,500
Esquimalt 8 $9,003,000
View Royal 14 $15,140,790
Saanich East 53 $77,500,501
Saanich West 23 $25,832,000
Central Saanich 12 $23,285,000
North Saanich 18 $39,455,000
Sidney 14 $17,017,900
Highlands 3 $3,830,000
Colwood 19 $22,555,052
Langford 37 $46,149,799
Metchosin 3 $4,125,000
Sooke 22 $20,451,970
Gulf Islands 13 $19,979,700
Total Greater Victoria 291 $395,493,286
Other Areas
Malahat Area 11 $12,026,550
Total Other Areas 11 $12,026,550
Total Single Family Detached 302 $407,519,836
Condo Apartment
l
Greater Victoria
Victoria / Victoria West 76 $55,998,599
Oak Bay 4 $1,800,000
Esquimalt 8 $7,047,000
View Royal 7 $3,971,300
Saanich East 27 $15,105,900
Saanich West 15 $7,472,500
Central Saanich 6 $3,687,400
North Saanich 1 $810,000
Sidney 13 $8,217,000
Colwood 6 $3,561,500
Langford 36 $20,405,337
Sooke 3 $1,304,000
Total Greater Victoria 202 $129,380,536
Total Condo Apartment 202 $129,380,536
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
June 2022
District
Produced: 02-Jul-2022
Row/Townhouse
l
Greater Victoria
Victoria / Victoria West 14 $13,495,899
Oak Bay 1 $1,182,500
Esquimalt 6 $4,489,000
View Royal 7 $5,738,123
Saanich East 7 $8,433,800
Saanich West 1 $1,286,500
Central Saanich 6 $4,470,000
North Saanich 1 $1,150,000
Sidney 5 $6,665,000
Colwood 2 $1,835,000
Langford 12 $10,100,600
Sooke 2 $1,295,000
Gulf Islands 0 $100,100
Total Greater Victoria 64 $60,241,522
Other Areas
Malahat Area 2 $1,153,400
Total Other Areas 2 $1,153,400
Total Row/Townhouse 66 $61,394,922
Manufactured Home
l
Greater Victoria
View Royal 2 $283,300
Central Saanich 3 $1,108,000
Sidney 1 $559,000
Langford 5 $1,175,400
Sooke 3 $931,250
Gulf Islands 2 $975,000
Total Greater Victoria 16 $5,031,950
Other Areas
Malahat Area 3 $755,000
Total Other Areas 3 $755,000
Total Manufactured Home 19 $5,786,950
Total Residential 589 $604,082,244
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
June 2022
District
Produced: 02-Jul-2022
$622,582,820
612
Grand Totals
Other Property
Lots Acreage
l
Greater Victoria
Saanich East 1 $1,200,000
Colwood 1 $875,000
Langford 3 $4,076,501
Metchosin 1 $970,000
Sooke 1 $785,000
Gulf Islands 5 $3,321,000
Total Greater Victoria 12 $11,227,501
Total Lots Acreage 12 $11,227,501
11 $7,273,075
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
June 2022
District
Produced: 02-Jul-2022
Residential
Single Family Detached
l
Greater Victoria
Victoria 38 $50,211,074
Victoria West 1 $920,000
Oak Bay 12 $19,536,500
Esquimalt 8 $9,003,000
View Royal 13 $14,078,300
Saanich East 51 $69,525,501
Saanich West 22 $22,782,000
Central Saanich 11 $13,345,000
North Saanich 15 $28,794,000
Sidney 13 $12,967,900
Highlands 3 $3,830,000
Colwood 19 $22,555,052
Langford 37 $46,149,799
Metchosin 3 $4,125,000
Sooke 19 $18,304,470
Gulf Islands 10 $11,004,700
Waterfront (all districts) 16 $48,360,990
Total Greater Victoria 291 $395,493,286
Other Areas
Malahat Area 11 $12,026,550
Total Other Areas 11 $12,026,550
Total Single Family Detached 302 $407,519,836
Condo Apartment
l
Greater Victoria
Victoria 64 $45,195,199
Victoria West 9 $8,914,400
Oak Bay 4 $1,800,000
Esquimalt 7 $5,122,000
View Royal 7 $3,971,300
Saanich East 27 $15,105,900
Saanich West 15 $7,472,500
Central Saanich 6 $3,687,400
North Saanich 1 $810,000
Sidney 12 $7,317,000
Colwood 6 $3,561,500
Langford 36 $20,405,337
Sooke 2 $899,000
Waterfront (all districts) 6 $5,119,000
Total Greater Victoria 202 $129,380,536
Total Condo Apartment 202 $129,380,536
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
June 2022
District
Produced: 02-Jul-2022
Row/Townhouse
l
Greater Victoria
Victoria 11 $10,814,399
Victoria West 2 $1,806,500
Oak Bay 1 $1,182,500
Esquimalt 6 $4,489,000
View Royal 7 $5,738,123
Saanich East 7 $8,433,800
Saanich West 1 $1,286,500
Central Saanich 6 $4,470,000
North Saanich 1 $1,150,000
Sidney 4 $5,465,000
Colwood 2 $1,835,000
Langford 12 $10,100,600
Gulf Islands 0 $100,100
Waterfront (all districts) 4 $3,370,000
Total Greater Victoria 64 $60,241,522
Other Areas
Malahat Area 2 $1,153,400
Total Other Areas 2 $1,153,400
Total Row/Townhouse 66 $61,394,922
Manufactured Home
l
Greater Victoria
View Royal 2 $283,300
Central Saanich 3 $1,108,000
Sidney 1 $559,000
Langford 5 $1,175,400
Sooke 2 $680,000
Gulf Islands 1 $275,000
Waterfront (all districts) 2 $951,250
Total Greater Victoria 16 $5,031,950
Other Areas
Malahat Area 3 $755,000
Total Other Areas 3 $755,000
Total Manufactured Home 19 $5,786,950
Total Residential 589 $604,082,244
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
June 2022
District
Produced: 02-Jul-2022
$622,582,820
612
Grand Totals
Other Property
Lots Acreage
l
Greater Victoria
Saanich East 1 $1,200,000
Colwood 1 $875,000
Langford 3 $4,076,501
Metchosin 1 $970,000
Sooke 1 $785,000
Gulf Islands 5 $3,321,000
Total Greater Victoria 12 $11,227,501
Total Lots Acreage 12 $11,227,501
11 $7,273,075
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
June 2022
Produced: 04-Jul-2022
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
110%
120%
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
Sep
2021
Oct
2021
Nov
2021
Dec
2021
Jan
2022
Feb
2022
Mar
2022
Apr
2022
May
2022
Jun
2022
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
June 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 02-Jul-2022
Single Family - Residential
Units Listed 551
Units Sold 240
Sell/List Ratio 44
Sales Dollars $299,790,944
Average Price / Unit $1,249,129
Price Ratio 99
Days To Sell 19
Active Listings at Month End 699
%
%
434
353
81
$408,088,241
$1,156,057
103
15
329
%
%
27
-32
-27
8
23
112
%
%
%
%
%
%
2746
1578
57
$2,125,667,390
$1,347,064
104
14
%
%
2763
2227
81
$2,501,268,528
$1,123,156
103
18
%
%
-1
-29
-15
20
-23
%
%
%
%
%
Single Family - Residential Waterfront
Units Listed 57
Units Sold 14
Sell/List Ratio 25
Sales Dollars $48,212,990
Average Price / Unit $3,443,785
Price Ratio 95
Days To Sell 40
Active Listings at Month End 122
%
%
45
27
60
$67,021,011
$2,482,260
98
63
74
%
%
27
-48
-28
39
-36
65
%
%
%
%
%
%
238
95
40
$271,541,467
$2,858,331
98
37
%
%
221
143
65
$293,386,498
$2,051,654
99
54
%
%
8
-34
-7
39
-31
%
%
%
%
%
Single Family - Residential Acreage
Units Listed 66
Units Sold 26
Sell/List Ratio 39
Sales Dollars $39,762,700
Average Price / Unit $1,529,335
Price Ratio 98
Days To Sell 30
Active Listings at Month End 117
%
%
45
27
60
$35,624,500
$1,319,426
103
18
70
%
%
47
-4
12
16
66
67
%
%
%
%
%
%
282
135
48
$218,502,098
$1,618,534
100
29
%
%
270
205
76
$310,485,885
$1,514,565
100
45
%
%
4
-34
-30
7
-34
%
%
%
%
%
Condo Apartment
Units Listed 362
Units Sold 202
Sell/List Ratio 56
Sales Dollars $129,380,536
Average Price / Unit $640,498
Price Ratio 99
Days To Sell 19
Active Listings at Month End 405
%
%
388
338
87
$181,261,221
$536,276
100
23
407
%
%
-7
-40
-29
19
-16
0
%
%
%
%
%
%
2050
1448
71
$965,313,846
$666,653
103
16
%
%
2375
1877
79
$1,004,448,058
$535,135
100
27
%
%
-14
-23
-4
25
-42
%
%
%
%
%
Page 1 of 8
Victoria Real Estate Board Multiple Listing Service ®
26. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
June 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 02-Jul-2022
Row/Townhouse
Units Listed 135
Units Sold 66
Sell/List Ratio 49
Sales Dollars $61,394,922
Average Price / Unit $930,226
Price Ratio 99
Days To Sell 17
Active Listings at Month End 138
%
%
117
99
85
$71,605,562
$723,289
102
15
82
%
%
15
-33
-14
29
15
68
%
%
%
%
%
%
698
478
68
$429,884,382
$899,340
104
15
%
%
776
667
86
$469,996,964
$704,643
102
23
%
%
-10
-28
-9
28
-34
%
%
%
%
%
Half Duplex (Up and Down)
Units Listed 4
Units Sold 1
Sell/List Ratio 25
Sales Dollars $1,299,000
Average Price / Unit $1,299,000
Price Ratio 93
Days To Sell 36
Active Listings at Month End 6
%
%
3
1
33
$975,000
$975,000
103
10
6
%
%
33
0
33
33
260
0
%
%
%
%
%
%
14
6
43
$7,600,100
$1,266,683
96
89
%
%
14
7
50
$8,833,900
$1,261,986
105
14
%
%
0
-14
-14
0
529
%
%
%
%
%
Half Duplex (Side by Side)
Units Listed 36
Units Sold 12
Sell/List Ratio 33
Sales Dollars $11,511,702
Average Price / Unit $959,309
Price Ratio 98
Days To Sell 24
Active Listings at Month End 49
%
%
29
21
72
$16,133,600
$768,267
101
18
27
%
%
24
-43
-29
25
34
81
%
%
%
%
%
%
186
98
53
$89,975,701
$918,119
105
14
%
%
186
152
82
$118,734,415
$781,147
103
22
%
%
0
-36
-24
18
-35
%
%
%
%
%
Half Duplex (Front and Back)
Units Listed 8
Units Sold 4
Sell/List Ratio 50
Sales Dollars $3,123,500
Average Price / Unit $780,875
Price Ratio 98
Days To Sell 23
Active Listings at Month End 8
%
%
7
6
86
$4,922,300
$820,383
110
7
4
%
%
14
-33
-37
-5
254
100
%
%
%
%
%
%
37
16
43
$14,593,300
$912,081
100
19
%
%
29
19
66
$15,689,650
$825,771
105
12
%
%
28
-16
-7
10
53
%
%
%
%
%
Page 2 of 8
Victoria Real Estate Board Multiple Listing Service ®
27. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
June 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 02-Jul-2022
Recreational
Units Listed 6
Units Sold 2
Sell/List Ratio 33
Sales Dollars $148,000
Average Price / Unit $74,000
Price Ratio 82
Days To Sell 16
Active Listings at Month End 13
%
%
4
3
75
$882,850
$294,283
107
8
6
%
%
50
-33
-83
-75
100
117
%
%
%
%
%
%
26
14
54
$3,050,250
$217,875
95
53
%
%
15
15
100
$2,600,850
$173,390
99
289
%
%
73
-7
17
26
-82
%
%
%
%
%
Manufactured Home
Units Listed 35
Units Sold 19
Sell/List Ratio 54
Sales Dollars $5,786,950
Average Price / Unit $304,576
Price Ratio 101
Days To Sell 30
Active Listings at Month End 50
%
%
28
13
46
$4,144,000
$318,769
102
22
32
%
%
25
46
40
-4
35
56
%
%
%
%
%
%
159
101
64
$36,774,879
$364,108
100
32
%
%
134
96
72
$35,812,256
$373,044
100
35
%
%
19
5
3
-2
-9
%
%
%
%
%
Residential Lots
Units Listed 39
Units Sold 6
Sell/List Ratio 15
Sales Dollars $6,936,501
Average Price / Unit $1,156,084
Price Ratio 84
Days To Sell 57
Active Listings at Month End 99
%
%
29
17
59
$9,945,200
$585,012
102
35
61
%
%
34
-65
-30
98
63
62
%
%
%
%
%
%
186
69
37
$43,119,047
$624,914
97
28
%
%
164
136
83
$66,699,382
$490,437
99
88
%
%
13
-49
-35
27
-68
%
%
%
%
%
Residential Lots - Waterfront
Units Listed 2
Units Sold 2
Sell/List Ratio 100
Sales Dollars $1,280,000
Average Price / Unit $640,000
Price Ratio 92
Days To Sell 40
Active Listings at Month End 7
%
%
3
2
67
$843,000
$421,500
89
32
7
%
%
-33
0
52
52
23
0
%
%
%
%
%
%
19
8
42
$5,248,000
$656,000
98
41
%
%
22
27
123
$15,827,695
$586,211
97
196
%
%
-14
-70
-67
12
-79
%
%
%
%
%
Page 3 of 8
Victoria Real Estate Board Multiple Listing Service ®
28. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
June 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 02-Jul-2022
Residential Acreage
Units Listed 14
Units Sold 3
Sell/List Ratio 21
Sales Dollars $2,354,000
Average Price / Unit $784,667
Price Ratio 102
Days To Sell 13
Active Listings at Month End 52
%
%
9
7
78
$3,840,320
$548,617
101
40
29
%
%
56
-57
-39
43
-69
79
%
%
%
%
%
%
83
36
43
$29,693,800
$824,828
95
80
%
%
67
57
85
$36,385,900
$638,349
98
106
%
%
24
-37
-18
29
-24
%
%
%
%
%
Residential Acreage - Waterfront
Units Listed 6
Units Sold 1
Sell/List Ratio 17
Sales Dollars $657,000
Average Price / Unit $657,000
Price Ratio 132
Days To Sell 4
Active Listings at Month End 14
%
%
3
5
167
$6,869,900
$1,373,980
96
111
7
%
%
100
-80
-90
-52
-96
100
%
%
%
%
%
%
17
5
29
$3,208,380
$641,676
105
85
%
%
20
26
130
$26,563,900
$1,021,688
93
188
%
%
-15
-81
-88
-37
-55
%
%
%
%
%
Revenue - Duplex/Triplex
Units Listed 3
Units Sold 3
Sell/List Ratio 100
Sales Dollars $3,671,000
Average Price / Unit $1,223,667
Price Ratio 102
Days To Sell 35
Active Listings at Month End 7
%
%
17
2
12
$2,350,000
$1,175,000
112
5
13
%
%
-82
50
56
4
685
-46
%
%
%
%
%
%
46
31
67
$43,285,999
$1,396,323
104
17
%
%
67
34
51
$39,528,296
$1,162,597
102
18
%
%
-31
-9
10
20
-5
%
%
%
%
%
Revenue - Multi Units
Units Listed 7
Units Sold 1
Sell/List Ratio 14
Sales Dollars $3,600,000
Average Price / Unit $3,600,000
Price Ratio 93
Days To Sell 87
Active Listings at Month End 20
%
%
9
2
22
$7,380,000
$3,690,000
92
90
21
%
%
-22
-50
-51
-2
-3
-5
%
%
%
%
%
%
51
17
33
$31,272,000
$1,839,529
101
76
%
%
40
21
53
$51,662,500
$2,460,119
95
75
%
%
28
-19
-39
-25
1
%
%
%
%
%
Page 4 of 8
Victoria Real Estate Board Multiple Listing Service ®
29. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
June 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 02-Jul-2022
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
%
%
0
0
$0
%
%
%
%
%
%
%
Revenue - Commercial
Units Listed 7
Units Sold 2
Sell/List Ratio 29
Sales Dollars $1,320,000
Average Price / Unit $660,000
Price Ratio 91
Days To Sell 48
Active Listings at Month End 27
%
%
9
3
33
$3,130,000
$1,043,333
93
37
33
%
%
-22
-33
-58
-37
30
-18
%
%
%
%
%
%
45
24
53
$35,776,112
$1,490,671
97
55
%
%
48
18
38
$22,373,796
$1,242,989
98
92
%
%
-6
33
60
20
-40
%
%
%
%
%
Revenue - Industrial
Units Listed 4
Units Sold 2
Sell/List Ratio 50
Sales Dollars $2,028,000
Average Price / Unit $1,014,000
Price Ratio 100
Days To Sell 129
Active Listings at Month End 8
%
%
6
3
50
$5,491,000
$1,830,333
96
204
9
%
%
-33
-33
-63
-45
-37
-11
%
%
%
%
%
%
23
19
83
$16,036,600
$844,032
99
50
%
%
17
11
65
$16,164,118
$1,469,465
97
89
%
%
35
73
-1
-43
-44
%
%
%
%
%
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 6
%
%
0
0
$0
3
%
%
100
%
%
%
%
%
%
5
0
0
$0
%
%
5
1
20
$1,337,500
$1,337,500
89
147
%
%
0
-100
-100
%
%
%
%
%
Page 5 of 8
Victoria Real Estate Board Multiple Listing Service ®
30. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
June 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 02-Jul-2022
Business Only
Units Listed 11
Units Sold 2
Sell/List Ratio 18
Sales Dollars $325,000
Average Price / Unit $162,500
Price Ratio 96
Days To Sell 54
Active Listings at Month End 65
%
%
9
4
44
$1,227,000
$306,750
101
179
38
%
%
22
-50
-74
-47
-70
71
%
%
%
%
%
%
62
10
16
$1,521,500
$152,150
88
123
%
%
46
11
24
$2,741,500
$249,227
94
166
%
%
35
-9
-45
-39
-26
%
%
%
%
%
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
%
%
0
0
$0
%
%
%
%
%
%
%
Lease - Office
Units Listed 13
Units Sold 2
Sell/List Ratio 15
Sales Dollars $39
Average Price / Unit $20
Price Ratio 96
Days To Sell 174
Active Listings at Month End 77
%
%
4
1
25
$14
$14
100
112
58
%
%
225
100
189
44
55
33
%
%
%
%
%
%
73
13
18
$70,719
$5,440
8592
90
%
%
56
13
23
$1,968
$151
96
124
%
%
30
0
3493
3493
-27
%
%
%
%
%
Lease - Retail
Units Listed 7
Units Sold 1
Sell/List Ratio 14
Sales Dollars $19
Average Price / Unit $19
Price Ratio 106
Days To Sell 23
Active Listings at Month End 36
%
%
5
5
100
$136
$27
98
129
37
%
%
40
-80
-86
-30
-82
-3
%
%
%
%
%
%
40
14
35
$1,815
$130
100
82
%
%
42
18
43
$8,677
$482
92
120
%
%
-5
-22
-79
-73
-32
%
%
%
%
%
Page 6 of 8
Victoria Real Estate Board Multiple Listing Service ®
31. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
June 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 02-Jul-2022
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
%
%
0
0
$0
%
%
%
%
%
%
%
Lease - Industrial
Units Listed 5
Units Sold 1
Sell/List Ratio 20
Sales Dollars $17
Average Price / Unit $17
Price Ratio 100
Days To Sell 35
Active Listings at Month End 9
%
%
2
1
50
$18
$18
100
49
8
%
%
150
0
-6
-6
-29
13
%
%
%
%
%
%
12
3
25
$55
$18
97
63
%
%
10
1
10
$18
$18
100
49
%
%
20
200
207
2
29
%
%
%
%
%
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 1
%
%
2
0
$0
4
%
%
-100
-75
%
%
%
%
%
%
0
1
$23
$23
100
157
%
%
4
1
25
$2,890,580
$2,890,580
19270533
169
%
%
-100
0
-100
-100
-7
%
%
%
%
%
Commercial Land
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 24
%
%
1
2
200
$2,045,000
$1,022,500
91
109
10
%
%
0
-100
-100
140
%
%
%
%
%
%
22
3
14
$19,925,000
$6,641,667
98
87
%
%
11
6
55
$12,857,500
$2,142,917
95
253
%
%
100
-50
55
210
-65
%
%
%
%
%
Page 7 of 8
Victoria Real Estate Board Multiple Listing Service ®
32. Monthly Comparative Activity By Property Type
Includes All MLS® Property Types
June 2022
Current Month
This Year % Change
Last Year
Year To Date
This Year % Change
Last Year
Produced: 02-Jul-2022
Units Listed 1380
Units Sold 612
Sell/List Ratio 44
Sales Dollars $622,582,820
Average Price / Unit $1,017,292
Price Ratio 98
Days To Sell 22
Active Listings at Month End 2059
%
%
Grand Totals
1208
942
78
$833,779,873
$885,117
101
23
1375
%
%
14
-35
-25
15
-5
50
%
%
%
%
%
%
7120
4222
59
$4,392,062,464
$1,040,280
103
19
%
%
7402
5789
78
$5,056,300,335
$873,432
102
30
%
%
-4
-27
-13
19
-38
%
%
%
%
%
Page 8 of 8
Victoria Real Estate Board Multiple Listing Service ®