Posts in category 'Market Updates'

MARCH 2025
Victoria real estate market stable in the face of uncertainty

A total of 613 properties sold in the Victoria Real Estate Board region this March, 4.3 per cent more than the 588 properties sold in March 2024 and 16.1 per cent more than in February 2025.

Sales of condominiums were up 14.1 per cent from March 2024 with 202 units sold. Sales of single family homes increased by 2.1 per cent from March 2024 with 292 sold. "The economic uncertainty the world faces right now certainly colours our local real estate market," said 2025 Victoria Real Estate Board Chair Dirk VanderWal. "In spite of this, our market remains as it has in recent months - stable and balanced. Inventory levels this past month held steady at over three thousand listings, which meant that there was a good amount of selection for buyers, while relatively flat pricing meant more...

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The December 2024 Greater Victoria Real Estate Market Statistics are out. Catch all the news in under 1 minute on our YouTube short video. Click on the following link: https://randg.video/106S

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Gary

"We like people and we like homes"

A warm start to winter sales in the Victoria Real Estate Market

December 2, 2024  A total of 551 properties sold in the Victoria Real Estate Board region this November, 39.8 per cent more than the 394 properties sold in November 2023 and a 15.7 per cent decrease from October 2024. Sales of condominiums were up 55 per cent from November 2023 with 186 units sold. Sales of single family homes increased by 36.3 per cent from November 2023 with 263 sold.

"I've found that buyers and sellers are feeling optimisti...

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The June Greater Victoria Real Estate Market Statistics are out. Catch all the news in under 1 minute on our "Doodly" YouTube short Video. Click on the following link: https://randg.video/97S

Please Subscribe to our video to help us produce future ones and click the Notification Bell and share with a friend or two.

Thanks for watching!
Gary

"We like people and we like homes"

Video Update

This is the Greater Victoria BC Real Estate Market Update March 2024. The data is from the Victoria Real Estate Board released April 2, 2024.

We thought we would try a different way of presenting the data in a new and fun way. Let us know what you think!! The written update details follows the video link.

Note that in the video we use Median prices as we feel this better represents the market changes than average pricing. See lower down for notes on the HPI Index.

Video Link: https://randg.video/90S

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If you want to chat to find out more about buying or selling in Victoria, finding out...

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