Even
though the market feels a bit sluggish these last few weeks, this is normal for
this time of year as those who are not on holidays are focused on getting the
kids ready for back-to-school.
Taking that into consideration, things are pretty good with the volume
of sales expected to be over 10% ahead of August 2010.
Over the
last 30 days, 259 single-family houses were sold, down by 3 houses from last
week. The median price is down
$13,050 to $545,000. The average house was on the market for 38 days.
In the
same time period, 135 condos were sold, up by 6 condos from last week. The median price is down $4,000 to
$275,000. The average condo was on the market for 42 days.
There are
now 2,292 houses for sale, down by 26 from last week. Condo inventory has risen by 4 to 1145 suites.
RE/MAX Camosun
1-4440 Chatterton Way, Victoria, BC V8X 5J2
