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VICTORIA FALL MARKET UPDATE

Here is the complete October 2017 VREB stat package :) 



A total of 640 properties sold in the Victoria Real Estate Board region this past month, about 18% fewer than the 781 properties sold in September last year. Demand was intense last year and there was a lot of pressure on pricing. Now the tempo of the market is slowly trending toward more balanced conditions.
 
Still, the benchmark value for a single family home in Victoria’s Core was $823,100 in September 2017, an increase of almost 11% over September 2016. Some neighbourhoods and types of property are still increasing in value while some have levelled off.
 
If you are curious about the current value of your home or a type of home or neighbourhood you are interested in, please don’t hesitate to get in touch to chat.