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Fewer Sales in the Summer is Typical in the Real Estate Market

Over the last 30 days, 253 single family houses were sold, down by 12 houses from last week.  The median price is down $1,000 to $545,000. The average house was on the market for 46 days.

 

In the last 30 days, 135 condos were sold, down by 5 condos from last week.  The median price is up $7,900 to $285,000. The average condo was on the market for 45 days.

 

There are now 2,457 houses for sale, down by 59 from last week.  Condo inventory has fallen by 12 to 1121 suites.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.