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December 2021 Real Estate Market Update

Wednesday Jan 5th, 2022

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Happy New Year! The Victoria Market Stats are here! The inventory continued to be low throughout the month of December despite the high demand for properties from buyers. There was 438 properties sold in the Victoria Real Estate Board region this December! 30.6 per cent fewer than the 631 properties sold in December 2020 and a 32.9 per cent decrease from November 2021. We had a historic year however. A total of 10,052 properties were sold during 2021, which was 18.3... [read more]

January 2022 Real Estate Market Update

Thursday Feb 3rd, 2022

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     Limited inventory continues to be key in Victoria real estate market February 1, 2022  A total of 474 properties sold in the Victoria Real Estate Board region this January, 26.6 per cent fewer than the 646 properties sold in January 2021 but an 8.2 per cent increase from December 2021. Sales of condominiums were down 13 per cent from January 2021 with 188 units sold. Sales of single family homes decreased 39.7 per cent from January 2021 with 179... [read more]

February 2022 Real Estate Market Update

Wednesday Mar 2nd, 2022

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    Record low inventory prevents Victoria real estate market from cooling-off March 1, 2022  A total of 718 properties sold in the Victoria Real Estate Board region this February, 16.8 per cent fewer than the 863 properties sold in February 2021 but a 51.5 per cent increase from January 2021. Sales of condominiums were down 7.9 per cent from February 2021 with 267 units sold. Sales of single family homes decreased 20.8 per cent from February 2021 with 309... [read more]

New Listing 311 Simcoe Street

Tuesday Apr 5th, 2022

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     JUST LISTED IN JAMES BAY!  Beautifully constructed, modern home in the desirable & historical neighborhood of James Bay. This home is flooded with natural light & no detail is spared in quality or open-concept design. Main level offers open living & dining spaces w/ French doors leading to the patio/yard & a family room w/ custom built-ins & cozy electric fireplace. At the heart lies a gourmet kitchen w/ high-end inclusions such as... [read more]

March 2022 Real Estate Market Update

Tuesday Apr 5th, 2022

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April is here, and with it, the Victoria Market Stats for March! The inventory continued to be too low for the high demand from buyers this March. VREB President, Karen Dinnie-Smyth reported, "This March had just over one thousand properties at month end. We did see more homes come to market this month compared to February - which is a positive sign..." If you want more information about these market stats, or you would like some help with buying or selling your home, please... [read more]

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