Wednesday, February 26, 2020
4.5 C
Victoria

Langford
Westshore

residential

The Westshore is one of the fastest growing communities in all of BC with annual population growth exceeding 20%. Strong economic growth, a family-friendly community spirit, and great public amenities make this region a hotbed for residential development.

Take a look at residential real estate sales

Interactive Sold Map

Map of VREB MLS® sales of detached single family homes for  2019. Clickon Google map viewer below to change layers for previous years.  For more information on any particular transaction, please contact Dustin Miller.

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Westshore – Year in Review 2019

$731,000
Single Family Home

Average sold price, Victoria MLS®.

1.6%
Sales Volume Increase

Compared to 2018.

45
Days on Market

Average length of time for any given home to sell.

Victoria 2019 Real Estate Review

A grand total of 7,255 properties sold over the course of 2019, 1.47 percent more than the 7,150 that sold in 2018. 2019 sales came in at slightly under the ten-year average of 7,413 properties sold.

And although we did not see huge price increases though 2019 like we did in the run up through 2016, we do see buyers entering into multiple offer situations and competing for properties. The high end of the market – over $1.5 million – has been softer, which is nice for a very small percentage of buyers in our area, but difficult on sellers who have seen some equity erode. The theme heading into 2020 does for now appear to be the limited selection of single-family homes and growth in pressure for more condos and townhomes.

Make your next move

List of all residential sales

Knowledge is power. Search, browse, download, filter, and analyze the raw data.