Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – June 2019

 

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in June 2019.

Greater Victoria

In June 2019, there were 343 sales of single family homes and 1034 active listings in Greater Victoria. The benchmark sale price was $754,200.

In comparison, the Condo market had 216 sales and 643 active listings at the end of the month. The benchmark sale price was $511,200.

Townhome sales were 79, active listings were 258 and the benchmark sale price was $597,900.

It’s a seller’s market in Greater Victoria.

Real Estate Market Report June 2019

 Parksville / Qualicum

Real Estate Market Report June 2019

Nanaimo

Real Estate Market Report June 2019

Looking for more information about the real estate market in specific neighbourhoods in Victoria, Parksville, Nanaimo, Vancouver Island and the Gulf Islands? 

Macdonald Realty has offices in downtown Victoria, Sidney, Parksville and on Salt Spring Island. Please email macrealty@macrealty.staging.irewebsites.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Victoria Real Estate Board (VREB) www.vreb.org and the Vancouver Island Real Estate Board (VIREB) www.vireb.com. Market data from the VIREB includes listings and sales in Campbell River, Comox Valley, Cowichan Valley Nanaimo, Parksville/Qualicum, Port Alberni/West, North Island, and the Islands.

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – March 2019

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in March 2019.

Greater Victoria

In March 2019, there were 278 sales of single family homes and 836 active listings in Greater Victoria. The benchmark sale price was $741,000 with an average days on market of 41. The hottest market for sales was Saanich East with 59 sales. There were also 12 sales and 117 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 196 sales and 505 active listings at the end of the month. The benchmark sale price was $497,100 with an average days on market of 36. The hottest market for sales was Victoria, 72 sales.

Townhome sales were 76, active listings were 205 and the benchmark sale price was $598,000. The average days on market were 37, and the hottest market was Langford with 14 sales.

It’s a seller’s market in Greater Victoria.

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Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – January 2019

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in January 2019.

Greater Victoria

In January 2019, there were 127 sales of single family homes and 688 active listings in Greater Victoria. The benchmark sale price was $742,000 with an average days on market of 59. The hottest market for sales was Langford with 28 sales. There were also 6 sales and 110 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 111 sales and 388 active listings at the end of the month. The benchmark sale price was $491,700 with an average days on market of 48. The hottest market for sales was Victoria, 45 sales.

Townhome sales were 37, active listings were 177 and the benchmark sale price was $587,500. The average days on market were 47, and the hottest market was Langford with 9 sales.

It’s a seller’s market for condos.

MarketHotSheet_January_2019_Victoria

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Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – December 2018

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in December 2018.

Greater Victoria

In December 2018, there were 147 sales of single family homes and 648 active listings in Greater Victoria. The benchmark sale price was $751,700 with an average days on market of 51. The hottest market for sales was Langford with 31 sales. There were also 8 sales and 109 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 103 sales and 355 active listings at the end of the month. The benchmark sale price was $495,400 with an average days on market of 36. The hottest market for sales was Victoria, 32 sales.

Townhome sales were 36, active listings were 167 and the benchmark sale price was $584,600. The average days on market were 51, and the hottest market was Langford with 10 sales.

It’s a seller’s market for condos.

MarketHotSheet_December_2018_Victoria

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Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – September 2018

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in September 2018.

Greater Victoria

In September 2018, there were 222 sales of single family homes and 951 active listings in Greater Victoria. The benchmark sale price was $768,000 with an average days on market of 46. The hottest markets for sales was Saanich East with 46 sales. There were also 20 sales and 160 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 149 sales and 413 active listings at the end of the month. The benchmark sale price was $495,000 with an average days on market of 33. The hottest market for sales was Victoria, 59 sales.

Townhome sales were 59, active listings were 220 and the benchmark sale price was $586,000. The average days on market were 43, and the hottest market was Langford with 16 sales.

It’s a seller’s market for Condos & Townhomes.

MarketHotSheet_September_2018_Victoria

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