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Victoria

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Victoria Real Estate News

September 2023 Market Update

Don’t know what to buy?

Why you should choose to live in Fairfield

Is it a good time to buy a home in a declining market?

Spring Market Update 2021

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Home Uncategorized James Bay 2019 Bi-Annual Real Estate Update.

Uncategorized

James Bay 2019 Bi-Annual Real Estate Update.

By

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September 13, 2019

1608

TAGS
residential real estate

Previous articleFairfield West 2019 Bi-Annual Real Estate Update.

Next articleAugust 2019 residential real estate review

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Looking to buy or sell investment real estate? Dustin Miller can help investors acquire, dispose, and lease property in British Columbia.

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Access our comprehensive sales comp list of commercial real
estate activity during 2017 in Greater Victoria. Includes office, retail, land, multifamily, industrial, etc.

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July 2018 Market Summary

As of July 2018 the market in Greater Victoria is pretty hot. This means that the market strongly favours sellers and prices are expected to rise quickly.

There are currently 3.1 months of inventory which is extremely low for this time of year.

In the last year, prices for median single family homes have risen by $64,800 (9%) to $769,900 while prices for median condos have risen by $54,900 (16%) to $399,950.

If current market conditions prevail, you should expect the median single family home price to increase at a rate of about $111,000 (14%) annually.

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September 2023 Market Update
Don’t know what to buy?
Why you should choose to live in Fairfield
Is it a good time to buy a home in a declining market?
Spring Market Update 2021

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