Download - June 1st VREB Stats
FOR IMMEDIATE RELEASE June 1, 2012
MAY 2012 REAL ESTATE MARKET IS PICKING UP IN GREATER VICTORIA
VICTORIA, BC–Consumers are showing confidence in the Greater Victoria real estate market, evidenced by a spike of 71 residential sales in May 2012 over the previous month. “During the last two or three months, we’ve seen many potential buyers out looking,” says Carol Crabb, President of the Victoria Real Estate Board. “During May, they made their decisions. This shows there is good selection on the market, as well as good value.”
The average price for single family homes sold in Greater Victoria last month was $622,387, a jump over April’s average of $609,376. Excluding previous months’ sales of over $4 million, the median has returned to $534,250.
“Last month we told you that homebuyers were researching their purchases by working with home inspectors, mortgage professionals and REALTORS®,” Crabb says. “Now they are moving forward, which is often reflected in a spring market, even though it’s not feeling very spring‐like.”
Total MLS® sales for May 2012 were 659, with 636 of those residential, compared to 572 and 544 respectively for the same period in 2011, and 586 and 565 last month. We ended May 2012 with 5,015 active listings.
Total waterfront Single Family Dwellings sold: 15, down 3 sales over May 2011 Total non‐waterfront Single Family Dwellings sold: 373, up 38 sales over May 2011 Single Family Dwellings sold over $1 million: 24 (3 over $2 million) STATS QUICK REFERENCE April 2012, MLS® Real Estate Sales and Average Prices, Greater Victoria
2012 ‐ May 2012 ‐ April 2011 ‐ May
No of Sales
Average Price
MedianPrice
No of Sales
Average Price
MedianPrice
No of Sales
Average Price
Median Price
Single Family Greater Victoria
363
$622,387 $534,250 294 $609,376 $560,000 323 $628,462 $553,000
Single Family Other Areas
25 $560,960 $510,000 22 $677,100 $462,500 30 $561,023 $495,450
Total Single Family All Areas
388 $618,429 $533,000 316 $614,091 $554,000 323 $628,462 $553,000
Condos 167 $312,671 $275,000 171 $327,975 $277,000 123 $328,345 $294,000Townhomes 69 $409,433 $389,900 62 $428,237 $416,250 51 466,845 $432,332Manufactured Homes
12 $126,850 $109,350 16 $125,500 $116,000 17 $107,318 $89,000
TOTAL RESIDENTIAL
636 565 544
TOTAL MONTHLY SALES
659 586 572
TOTAL ACTIVE LISTINGS
5,015 4,638 4,857
Number
SINGLE FA 363 + 23.47% Six‐Mont
SINGLE FA $608,682 + 1.08% Number
SINGLE FA 388 + 22.78% Six‐Mont
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ED TO APRIL 2
OWNHOMES 69 + 13.11% ED TO APRIL 2
TOWNHOMES$409,481 + 0.77% ED TO APRIL 2
TOWNHOMES 69 + 11.29%
RED TO APRIL
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Monthly Sales SummaryFriday, June 1, 2012
Units Total Volume Average
Price
6 Month
Average
May 2012
Region Median
PriceDistrict
ResidentialSingle Familyl
Greater Victoria
Victoria 37 $22,959,000 $620,514 $614,412 $580,000
Victoria West 3 $1,505,750 $501,917 $480,589 $444,000
Oak Bay 31 $26,748,150 $862,844 $874,679 $715,000
Esquimalt 9 $3,877,213 $430,801 $462,273 $415,000
View Royal 17 $9,292,000 $546,588 $552,290 $533,000
Saanich East 66 $43,727,475 $662,538 $648,135 $595,500
Saanich West 32 $18,445,566 $576,424 $581,938 $484,900
Central Saanich 12 $6,273,000 $522,750 $570,526 $513,500
North Saanich 16 $11,315,850 $707,241 $692,203 $689,500
Sidney 13 $5,891,500 $453,192 $474,696 $446,000
Highlands 4 $2,476,000 $619,000 $685,677 $597,000
Colwood 31 $15,392,988 $496,548 $491,021 $462,000
Langford 56 $28,245,934 $504,392 $496,146 $459,900
Metchosin 5 $2,574,900 $514,980 $604,016 $529,900
Sooke 18 $7,126,300 $395,906 $388,095 $397,500
Waterfront (all districts) 13 $20,075,000 $1,544,231 $1,325,054 $1,375,000
Total Greater Victoria 363 $225,926,626 $622,387 $608,682 $534,250
Other Areas
Shawnigan Lake / Malahat 1 $434,000 $434,000 $348,889 $434,000
Gulf Islands 19 $9,901,000 $521,105 $466,932 $437,000
UpIsland / Mainland 3 $1,516,500 $505,500 $486,316 $530,000
Waterfront (all districts) 2 $2,172,500 $1,086,250 $948,743 $1,086,250
Total Other Areas 25 $14,024,000 $560,960 $528,952 $510,000
Total Single Family 388 $239,950,626 $618,429 $602,755 $533,000
Condominiuml
Greater Victoria
Victoria 51 $14,453,141 $283,395 $300,945 $246,900
Victoria West 9 $4,109,813 $456,646 $467,408 $450,000
Oak Bay 10 $4,094,450 $409,445 $359,962 $426,250
Esquimalt 6 $1,569,285 $261,548 $267,415 $257,000
View Royal 3 $833,000 $277,667 $278,665 $285,000
Saanich East 25 $7,416,200 $296,648 $268,201 $263,000
Saanich West 10 $2,622,000 $262,200 $277,860 $252,000
Central Saanich 1 $273,000 $273,000 $281,667 $273,000
Sidney 13 $4,358,300 $335,254 $305,555 $315,000
Colwood 3 $728,000 $242,667 $295,083 $246,500
Langford 23 $6,875,200 $298,922 $277,283 $299,900
Waterfront (all districts) 12 $4,855,000 $404,583 $508,748 $249,500
Total Greater Victoria 166 $52,187,389 $314,382 $319,590 $275,000
Other Areas
UpIsland / Mainland 1 $28,750 $28,750 $207,750 $28,750
Total Other Areas 1 $28,750 $28,750 $148,550 $28,750
Total Condominium 167 $52,216,139 $312,671 $318,544 $275,000
1Victoria Real Estate Board Multiple Listing Service ®
Monthly Sales SummaryFriday, June 1, 2012
Units Total Volume Average
Price
6 Month
Average
May 2012
Region Median
PriceDistrict
Townhousel
Greater Victoria
Victoria 12 $5,498,400 $458,200 $450,849 $448,200
Victoria West 1 $400,000 $400,000 $380,400 $400,000
Esquimalt 3 $1,146,900 $382,300 $359,593 $389,900
View Royal 3 $1,294,800 $431,600 $438,752 $449,900
Saanich East 4 $1,649,250 $412,313 $447,802 $385,500
Saanich West 11 $4,550,550 $413,686 $412,000 $390,000
Central Saanich 4 $1,667,500 $416,875 $373,245 $396,500
North Saanich 1 $484,000 $484,000 $482,933 $484,000
Sidney 11 $4,418,000 $401,636 $388,531 $399,000
Colwood 2 $563,000 $281,500 $368,060 $281,500
Langford 10 $3,184,600 $318,460 $346,622 $331,450
Sooke 3 $826,900 $275,633 $290,117 $263,000
Waterfront (all districts) 4 $2,567,000 $641,750 $626,915 $638,500
Total Greater Victoria 69 $28,250,900 $409,433 $409,481 $389,900
Total Townhouse 69 $28,250,900 $409,433 $406,954 $389,900
Manufactured Homesl
Greater Victoria
View Royal 1 $225,000 $225,000 $139,655 $225,000
Central Saanich 4 $448,200 $112,050 $144,195 $109,350
Sidney 1 $230,500 $230,500 $215,862 $230,500
Langford 2 $152,500 $76,250 $89,275 $76,250
Sooke 1 $100,000 $100,000 $74,545 $100,000
Total Greater Victoria 9 $1,156,200 $128,467 $126,912 $106,200
Other Areas
Shawnigan Lake / Malahat 1 $18,000 $18,000 $30,167 $18,000
Gulf Islands 2 $348,000 $174,000 $189,800 $174,000
Total Other Areas 3 $366,000 $122,000 $117,000 $163,000
Total Manufactured Homes 12 $1,522,200 $126,850 $125,723 $109,350
Total Residential 636 $321,939,865
2Victoria Real Estate Board Multiple Listing Service ®
Monthly Sales SummaryFriday, June 1, 2012
Units Total Volume Average
Price
6 Month
Average
May 2012
Region Median
PriceDistrict
Grand Totals 659 $329,379,714
6 $2,147,047 $357,841Other Commercial Propertiesl
1 $850,000 $850,000Commercial Landl
Other Property
Lots & Acreage (Incl Wtrfrnt)l
Greater Victoria
View Royal 2 $1,037,450 $518,725 $452,346 $518,725
North Saanich 1 $799,000 $799,000 $554,667 $799,000
Langford 3 $590,000 $196,667 $207,945 $185,000
Sooke 3 $409,900 $136,633 $151,580 $120,000
Total Greater Victoria 9 $2,836,350 $315,150 $380,487 $185,000
Other Areas
Shawnigan Lake / Malahat 1 $250,000 $250,000 $201,000 $250,000
Gulf Islands 2 $270,500 $135,250 $351,250 $135,250
UpIsland / Mainland 4 $1,085,952 $271,488 $282,659 $335,888
Total Other Areas 7 $1,606,452 $229,493 $309,075 $250,000
Total Lots & Acreage (Incl Wtrfrnt) 16 $4,442,802 $277,675 $356,374 $217,500
3Victoria Real Estate Board Multiple Listing Service ®
Average Selling PricesFriday, June 01, 2012
May 2012
$300 000
$325,000
$350,000
$375,000
$400,000
Condominiums (All Areas)
$500,000
$525,000
$550,000
$575,000
$600,000
$625,000
$650,000
$675,000
May
201
0
Jun
2010
Jul 2
010
Aug
201
0
Sep
201
0
Oct
201
0
Nov
201
0
Dec
201
0
Jan
2011
Feb
201
1
Mar
201
1
Apr
201
1
May
201
1
Jun
2011
Jul 2
011
Aug
201
1
Sep
201
1
Oct
201
1
Nov
201
1
Dec
201
1
Jan
2012
Feb
201
2
Mar
201
2
Apr
201
2
May
201
2
Single Family Homes (Greater Victoria Only)
$250,000
$275,000
$300,000
May
201
0
Jun
2010
Jul 2
010
Aug
201
0
Sep
201
0
Oct
201
0
Nov
201
0
Dec
201
0
Jan
2011
Feb
201
1
Mar
201
1
Apr
201
1
May
201
1
Jun
2011
Jul 2
011
Aug
201
1
Sep
201
1
Oct
201
1
Nov
201
1
Dec
201
1
Jan
2012
Feb
201
2
Mar
201
2
Apr
201
2
May
201
2
Victoria Real Estate Board Multiple Listing Service ®
$325,000
$350,000
$375,000
$400,000
$425,000
$450,000
$475,000
$500,000
May
201
0
Jun
2010
Jul 2
010
Aug
201
0
Sep
201
0
Oct
201
0
Nov
201
0
Dec
201
0
Jan
2011
Feb
201
1
Mar
201
1
Apr
201
1
May
201
1
Jun
2011
Jul 2
011
Aug
201
1
Sep
201
1
Oct
201
1
Nov
201
1
Dec
201
1
Jan
2012
Feb
201
2
Mar
201
2
Apr
201
2
May
201
2
Townhomes (All Areas)
Active Listings, New Listings and Sales May 2012Friday, June 01, 2012
2,500
2,700
2,900
3,100
3,300
3,500
3,700
3,900
4,100
4,300
4,500
4,700
4,900
5,100
May
201
0
Jun
2010
Jul 2
010
Aug
201
0
Sep
201
0
Oct
201
0
Nov
201
0
Dec
201
0
Jan
2011
Feb
201
1
Mar
201
1
Apr
201
1
May
201
1
Jun
2011
Jul 2
011
Aug
201
1
Sep
201
1
Oct
201
1
Nov
201
1
Dec
201
1
Jan
2012
Feb
201
2
Mar
201
2
Apr
201
2
May
201
2
Total Active MLS® Listings
Total New MLS® Listings and Total MLS® Sales
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
May
201
0
Jun
2010
Jul 2
010
Aug
201
0
Sep
201
0
Oct
201
0
Nov
201
0
Dec
201
0
Jan
2011
Feb
201
1
Mar
201
1
Apr
201
1
May
201
1
Jun
2011
Jul 2
011
Aug
201
1
Sep
201
1
Oct
201
1
Nov
201
1
Dec
201
1
Jan
2012
Feb
201
2
Mar
201
2
Apr
201
2
May
201
2
Total New MLS® Listings and Total MLS® Sales
Listings Sales
Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Friday, June 01, 2012
May 2012
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Single Family - Residential
Units Listed 704
Units Sold 330
Sell/List Ratio 47
Sales Dollars $192,272,626
Average Price / Unit $582,644
Price Ratio 98
Days To Sell 48
Active Listings at Month End 1637
%
%
622
291
47
$171,469,462
$589,242
98
53
1478
%
%
13
13
12
-1
-9
11
%
%
%
%
%
%
2931
1267
43
$725,313,954
$572,466
98
57
%
%
2825
1230
44
$719,199,982
$584,715
98
53
%
%
4
3
1
-2
7
%
%
%
%
%
Single Family - Residential Waterfront
Units Listed 73
Units Sold 15
Sell/List Ratio 21
Sales Dollars $22,247,500
Average Price / Unit $1,483,167
Price Ratio 93
Days To Sell 104
Active Listings at Month End 312
%
%
68
18
26
$21,025,888
$1,168,105
94
93
304
%
%
7
-17
6
27
12
3
%
%
%
%
%
%
269
52
19
$65,851,626
$1,266,377
94
95
%
%
290
65
22
$69,839,081
$1,074,447
93
104
%
%
-7
-20
-6
18
-8
%
%
%
%
%
Single Family - Residential Acreage
Units Listed 108
Units Sold 22
Sell/List Ratio 20
Sales Dollars $16,570,900
Average Price / Unit $753,223
Price Ratio 96
Days To Sell 143
Active Listings at Month End 362
%
%
94
25
27
$18,862,655
$754,506
96
51
358
%
%
15
-12
-12
0
178
1
%
%
%
%
%
%
396
100
25
$77,911,925
$779,119
95
127
%
%
380
104
27
$69,542,317
$668,676
96
87
%
%
4
-4
12
17
46
%
%
%
%
%
Condominium
Units Listed 473
Units Sold 167
Sell/List Ratio 35
Sales Dollars $52,216,139
Average Price / Unit $312,671
Price Ratio 97
Days To Sell 62
Active Listings at Month End 1103
%
%
344
123
36
$40,386,495
$328,345
98
55
1121
%
%
38
36
29
-5
13
-2
%
%
%
%
%
%
1780
728
41
$232,476,261
$319,336
97
68
%
%
1796
672
37
$222,992,078
$331,833
97
57
%
%
-1
8
4
-4
20
%
%
%
%
%
1Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Friday, June 01, 2012
May 2012
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Townhouse
Units Listed 138
Units Sold 69
Sell/List Ratio 50
Sales Dollars $28,250,900
Average Price / Unit $409,433
Price Ratio 98
Days To Sell 78
Active Listings at Month End 406
%
%
165
51
31
$23,809,107
$466,845
98
47
463
%
%
-16
35
19
-12
66
-12
%
%
%
%
%
%
622
301
48
$123,204,758
$409,318
98
72
%
%
737
276
37
$123,677,046
$448,105
98
57
%
%
-16
9
0
-9
25
%
%
%
%
%
Strata Duplex (Up and Down)
Units Listed 1
Units Sold 0
Sell/List Ratio 0
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 2
%
%
1
0
0
$0
3
%
%
0
-33
%
%
%
%
%
%
6
1
17
$235,000
$235,000
94
58
%
%
6
3
50
$1,421,000
$473,667
101
28
%
%
0
-67
-83
-50
107
%
%
%
%
%
Strata Duplex (Side by Side)
Units Listed 21
Units Sold 16
Sell/List Ratio 76
Sales Dollars $6,365,100
Average Price / Unit $397,819
Price Ratio 97
Days To Sell 52
Active Listings at Month End 35
%
%
23
10
43
$4,087,400
$408,740
98
56
45
%
%
-9
60
56
-3
-7
-22
%
%
%
%
%
%
81
46
57
$19,423,100
$422,241
97
56
%
%
79
34
43
$14,485,700
$426,050
97
47
%
%
3
35
34
-1
21
%
%
%
%
%
Strata Duplex (Front and Back)
Units Listed 8
Units Sold 3
Sell/List Ratio 38
Sales Dollars $1,159,500
Average Price / Unit $386,500
Price Ratio 97
Days To Sell 63
Active Listings at Month End 15
%
%
5
4
80
$1,796,000
$449,000
97
39
15
%
%
60
-25
-35
-14
63
0
%
%
%
%
%
%
25
9
36
$3,372,500
$374,722
97
49
%
%
32
16
50
$7,220,900
$451,306
98
44
%
%
-22
-44
-53
-17
11
%
%
%
%
%
2Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Friday, June 01, 2012
May 2012
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Recreational
Units Listed 6
Units Sold 0
Sell/List Ratio 0
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 19
%
%
7
1
14
$37,500
$37,500
75
28
19
%
%
-14
-100
-100
0
%
%
%
%
%
%
18
1
6
$1,175,000
$1,175,000
118
58
%
%
17
1
6
$37,500
$37,500
75
28
%
%
6
0
3033
3033
107
%
%
%
%
%
Manufactured Home
Units Listed 47
Units Sold 12
Sell/List Ratio 26
Sales Dollars $1,522,200
Average Price / Unit $126,850
Price Ratio 93
Days To Sell 104
Active Listings at Month End 140
%
%
35
17
49
$1,824,400
$107,318
95
97
126
%
%
34
-29
-17
18
6
11
%
%
%
%
%
%
163
64
39
$7,915,200
$123,675
94
85
%
%
165
66
40
$8,483,100
$128,532
93
87
%
%
-1
-3
-7
-4
-2
%
%
%
%
%
Residential Lots
Units Listed 32
Units Sold 7
Sell/List Ratio 22
Sales Dollars $1,224,638
Average Price / Unit $174,948
Price Ratio 97
Days To Sell 135
Active Listings at Month End 222
%
%
37
10
27
$2,162,400
$216,240
96
57
233
%
%
-14
-30
-43
-19
137
-5
%
%
%
%
%
%
143
34
24
$8,280,938
$243,557
95
114
%
%
188
37
20
$13,293,180
$359,275
97
92
%
%
-24
-8
-38
-32
24
%
%
%
%
%
Residential Lots - Waterfront
Units Listed 16
Units Sold 5
Sell/List Ratio 31
Sales Dollars $1,997,664
Average Price / Unit $399,533
Price Ratio 95
Days To Sell 84
Active Listings at Month End 49
%
%
8
2
25
$925,000
$462,500
93
83
51
%
%
100
150
116
-14
1
-4
%
%
%
%
%
%
41
7
17
$4,312,664
$616,095
94
105
%
%
46
4
9
$2,337,000
$584,250
88
95
%
%
-11
75
85
5
10
%
%
%
%
%
3Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Friday, June 01, 2012
May 2012
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Residential Acreage
Units Listed 26
Units Sold 4
Sell/List Ratio 15
Sales Dollars $1,220,500
Average Price / Unit $305,125
Price Ratio 85
Days To Sell 513
Active Listings at Month End 200
%
%
40
3
8
$872,500
$290,833
91
137
201
%
%
-35
33
40
5
274
0
%
%
%
%
%
%
111
20
18
$8,100,782
$405,039
92
247
%
%
124
25
20
$15,540,500
$621,620
83
228
%
%
-10
-20
-48
-35
9
%
%
%
%
%
Residential Acreage - Waterfront
Units Listed 9
Units Sold 0
Sell/List Ratio 0
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 93
%
%
8
2
25
$1,185,000
$592,500
93
166
73
%
%
13
-100
-100
27
%
%
%
%
%
%
47
5
11
$2,956,000
$591,200
96
235
%
%
48
6
13
$4,806,000
$801,000
85
198
%
%
-2
-17
-38
-26
19
%
%
%
%
%
Revenue - Duplex/Triplex
Units Listed 3
Units Sold 2
Sell/List Ratio 67
Sales Dollars $1,335,000
Average Price / Unit $667,500
Price Ratio 97
Days To Sell 22
Active Listings at Month End 15
%
%
6
4
67
$2,545,000
$636,250
101
32
9
%
%
-50
-50
-48
5
-32
67
%
%
%
%
%
%
27
9
33
$6,222,000
$691,333
98
74
%
%
18
10
56
$6,551,500
$655,150
98
58
%
%
50
-10
-5
6
28
%
%
%
%
%
Revenue - Multi Units
Units Listed 6
Units Sold 0
Sell/List Ratio 0
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 14
%
%
4
1
25
$1,470,000
$1,470,000
98
49
13
%
%
50
-100
-100
8
%
%
%
%
%
%
14
1
7
$800,000
$800,000
95
6
%
%
17
6
35
$5,074,000
$845,667
104
103
%
%
-18
-83
-84
-5
-94
%
%
%
%
%
4Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Friday, June 01, 2012
May 2012
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Revenue - Apartment Block
Units Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 1
%
%
1
0
0
$0
2
%
%
-100
-50
%
%
%
%
%
%
1
0
0
$0
%
%
2
0
0
$0
%
%
-50 %
%
%
%
%
Revenue - Commercial
Units Listed 13
Units Sold 2
Sell/List Ratio 15
Sales Dollars $2,110,000
Average Price / Unit $1,055,000
Price Ratio 97
Days To Sell 68
Active Listings at Month End 54
%
%
11
0
0
$66,000
82
29
47
%
%
18
3097
134
15
%
%
%
%
%
%
58
7
12
$8,078,000
$1,154,000
93
107
%
%
37
1
3
$1,751,100
$1,751,100
83
101
%
%
57
600
361
-34
6
%
%
%
%
%
Revenue - Industrial
Units Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 1
%
%
0
0
$0
0
%
%
%
%
%
%
%
%
1
0
0
$0
%
%
0
0
$0
%
%
%
%
%
%
%
Business with Land & Building
Units Listed 7
Units Sold 1
Sell/List Ratio 14
Sales Dollars $10,000
Average Price / Unit $10,000
Price Ratio 67
Days To Sell 44
Active Listings at Month End 81
%
%
6
2
33
$545,013
$272,507
99
282
69
%
%
17
-50
-98
-96
-84
17
%
%
%
%
%
%
58
4
7
$540,017
$135,004
96
162
%
%
53
7
13
$4,445,035
$635,005
89
179
%
%
9
-43
-88
-79
-10
%
%
%
%
%
5Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Friday, June 01, 2012
May 2012
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Business Only
Units Listed 9
Units Sold 1
Sell/List Ratio 11
Sales Dollars $27,000
Average Price / Unit $27,000
Price Ratio 90
Days To Sell 22
Active Listings at Month End 67
%
%
7
4
57
$185,500
$46,375
93
147
69
%
%
29
-75
-85
-42
-85
-3
%
%
%
%
%
%
58
15
26
$1,572,000
$104,800
90
114
%
%
69
9
13
$876,900
$97,433
91
121
%
%
-16
67
79
8
-6
%
%
%
%
%
Motel/Hotel
Units Listed 1
Units Sold 1
Sell/List Ratio 100
Sales Dollars $850,000
Average Price / Unit $850,000
Price Ratio 93
Days To Sell 170
Active Listings at Month End 6
%
%
4
0
0
$0
13
%
%
-75
-54
%
%
%
%
%
%
3
2
67
$858,000
$429,000
93
125
%
%
9
3
33
$3,245,008
$1,081,669
103
194
%
%
-67
-33
-74
-60
-36
%
%
%
%
%
Lease - Office
Units Listed 13
Units Sold 0
Sell/List Ratio 0
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 50
%
%
9
2
22
$28
$14
163
28
%
%
44
-100
-100
79
%
%
%
%
%
%
43
1
2
$12
$12
41
%
%
27
5
19
$61
$12
144
%
%
59
-80
-81
-4
-72
%
%
%
%
%
Lease - Retail
Units Listed 10
Units Sold 2
Sell/List Ratio 20
Sales Dollars $47
Average Price / Unit $23
Price Ratio
Days To Sell 59
Active Listings at Month End 34
%
%
5
0
0
$0
29
%
%
100
17
%
%
%
%
%
%
39
4
10
$72
$18
61
%
%
25
6
24
$106
$18
101
%
%
56
-33
-32
2
-39
%
%
%
%
%
6Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Friday, June 01, 2012
May 2012
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Lease - Warehouse
Units Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 0
%
%
0
0
$0
0
%
%
%
%
%
%
%
%
0
0
$0
%
%
0
0
$0
%
%
%
%
%
%
%
Lease - Industrial
Units Listed 0
Units Sold 0
Sell/List Ratio
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 1
%
%
0
0
$0
2
%
%
-50
%
%
%
%
%
%
1
0
0
$0
%
%
1
0
0
$0
%
%
0 %
%
%
%
%
Lease - Other
Units Listed 11
Units Sold 0
Sell/List Ratio 0
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 42
%
%
12
2
17
$38
$19
107
53
%
%
-8
-100
-100
-21
%
%
%
%
%
%
36
5
14
$923
$185
109
102
%
%
58
6
10
$110
$18
123
%
%
-38
-17
735
902
-17
%
%
%
%
%
Commercial Land
Units Listed 5
Units Sold 0
Sell/List Ratio 0
Sales Dollars $0
Average Price / Unit
Price Ratio
Days To Sell
Active Listings at Month End 54
%
%
2
0
0
$0
33
%
%
150
64
%
%
%
%
%
%
29
1
3
$165,000
$165,000
83
49
%
%
16
3
19
$3,010
$1,003
405
%
%
81
-67
5381
16344
-88
%
%
%
%
%
7Victoria Real Estate Board Multiple Listing Service ®
Monthly Comparative Activity By Property Type Friday, June 01, 2012
May 2012
Current Month
This Year % ChangeLast Year
Year To Date
This Year % ChangeLast Year
Units Listed 1740
Units Sold 659
Sell/List Ratio 38
Sales Dollars $329,379,714
Average Price / Unit $499,817
Price Ratio 97
Days To Sell 65
Active Listings at Month End 5015
%
%
Grand Totals
1524
572
38
$293,255,386
$512,684
97
58
4857
%
%
14
15
12
-3
11
3
%
%
%
%
%
%
7001
2684
38
$1,298,765,732
$483,892
97
69
%
%
7065
2595
37
$1,294,822,215
$498,968
97
63
%
%
-1
3
0
-3
10
%
%
%
%
%
8Victoria Real Estate Board Multiple Listing Service ®
CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD
Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
Friday, June 01, 2012
May 2012Reported Sales By Price Range - Single Family
Price Ranges
Min Max
Percentages
YTDCM
-10,000,000
9,999,999-9,000,000
8,999,999-8,000,000
7,999,999-7,000,000
6,999,999-6,000,000
5,999,999-5,000,000
4,999,999 1- .14,500,000
4,499,999 1- .14,000,000
3,999,999 -1- -.13,500,000
3,499,999 1 1 1 1- .2.33,000,000
2,999,999 1 1 1 1 2- .3.52,500,000
2,499,999 1 1- .12,000,000
1,999,999 1 1 2 3 2 3 1 2 1 1 1- .71.81,750,000
1,749,999 1 2 5 2 1 1- .7.51,500,000
1,499,999 2 1 4 1 2 1 4 1 1 1 1 1 1 1 1 1 2- 1.31.51,250,000
1,249,999 1 6 2 8 4 15 1 6 1 2 5 1 1 1 1- 3.02.81,000,000
999,999 2 2 1 1 1 1 2 1 1 1 1- .8.5950,000
949,999 3 5 3 5 1 3 1 1 2 2 2 2- 1.32.6900,000
899,999 2 3 6 2 2 11 1 1 4 1 1 1- 2.01.5850,000
849,999 2 10 2 4 2 9 1 1 3 2 2 1 1 1 1 1- 2.22.6800,000
799,999 2 11 2 9 1 5 23 2 2 3 8 1 1 1 2 1 3 1 1 1 1 1- 4.44.1750,000
749,999 2 11 3 9 3 3 1 14 1 2 2 1 4 1 1 1 2 3 6 1 4- 4.04.1700,000
699,999 3 13 3 12 2 3 5 5 22 3 7 1 5 1 10 1 1 1 5 1 6 1 2 1 2 8 2- 6.96.2650,000
649,999 3 13 3 12 4 5 11 39 2 10 2 2 11 1 2 1 5 3 13 1 4 3 2 4 1 2- 8.77.7600,000
599,999 5 30 5 12 2 7 2 4 9 51 3 14 2 15 3 7 2 5 2 3 6 5 16 1 1 2 2 3- 11.910.8550,000
549,999 2 16 1 1 4 3 8 10 42 4 21 4 18 1 3 1 6 2 2 1 5 5 26 1 3 3 6 1 6 1 5- 11.610.3500,000
499,999 4 27 3 4 11 2 8 7 31 4 15 4 10 2 3 7 9 23 10 24 1 1 6 4 1- 11.712.1450,000
449,999 7 23 3 19 2 5 5 17 8 28 1 7 4 10 1 8 21 9 38 2 5 17 2 6 1 5- 13.414.2400,000
399,999 2 6 6 1 3 1 8 3 11 1 1 2 8 2 7 13 28 2 2 3 18 3 8 1 4- 7.58.5350,000
349,999 2 5 2 5 1 1 2 2 5 1 1 1 1 3 6 3 7 4 13 2 13 8- 4.55.4300,000
299,999 1 4 1 1 1 7 2 14 3 10 3- 2.71.80
41 185 31 100 9 64 17 45 69 296 33 130 12 66 19 68 14 41 4 12 31 86 57 180 5 18 21 83 21 76 4 35Total Units
10.6 12.5 8.0 6.7 2.3 4.3 4.4 3.0 17.8 19.9 8.5 8.8 3.1 4.4 4.9 4.6 3.6 2.8 1.0 .8 8.0 5.8 14.7 12.1 1.3 1.2 5.4 5.6 5.4 5.1 1.0 2.4100100Percentages
1485388
1Victoria Real Estate Board Multiple Listing Service ®
CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD
Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
Friday, June 01, 2012
May 2012Reported Sales By Price Range - Condominium
Price Ranges
Min Max
Percentages
YTDCM
5 2 1 1- 1.1.61,000,000
999,999-975,000
974,999-950,000
949,999-925,000
924,999 2- .3900,000
899,999 1 1- .3875,000
874,999-850,000
849,999 1- .1825,000
824,999 1- .1800,000
799,999 1 1- .1.6775,000
774,999 1 2 1- .4.6750,000
749,999 1 2- .3.6725,000
724,999 2 1- .4700,000
699,999 2 1- .4675,000
674,999 1 2- .3.6650,000
649,999 3 8 1 1- 1.22.4625,000
624,999 1 3 1 3- .81.2600,000
599,999 3 1 1 1- .7.6575,000
574,999 1 1 1 1- .31.2550,000
549,999 2 1- .4525,000
524,999 1 6 1 2- 1.2.6500,000
499,999 5 2 3 1 1 1 2 2- 1.63.0475,000
474,999 2 8 1 3 1 2 1- 2.11.8450,000
449,999 1 9 1 1 1 1 1 1 1- 1.91.8425,000
424,999 3 10 2 3 3 1 4 2 2 1- 3.43.6400,000
399,999 1 8 1 2 1 1 1 3 1 1- 2.31.8375,000
374,999 4 15 1 1 1 1 1 3 1 2 5 2- 4.14.2350,000
349,999 3 24 1 3 1 6 1 2 1 1 4 1 4- 6.24.2325,000
324,999 2 19 1 1 1 5 1 11 2 1 1 1 2 7 10- 7.17.8300,000
299,999 7 36 1 7 1 5 5 10 3 8 2 6 2 5 25- 13.614.4275,000
274,999 6 35 1 5 2 5 12 5 1 4 6 1 2 2 8- 11.09.0250,000
249,999 8 41 1 3 2 5 1 6 4 10 2 3 2 3 6 1 3 2 17- 13.214.4225,000
224,999 8 35 3 8 4 1 9 2 7 1 3 7 4 11- 11.312.6200,000
199,999 5 18 2 4 3 15 1 3 1 3 1 2 3- 6.96.6175,000
174,999 4 14 1 5 1 4 4 1- 4.03.0150,000
149,999 3 7 1 2 3 1 3 1 4- 2.73.00
65 326 11 30 6 39 3 22 25 92 11 42 1 9 2 15 53 6 20 23 84 4 1 5Total Units
38.9 44.8 6.6 4.1 3.6 5.4 1.8 3.0 15.0 12.6 6.6 5.8 .6 1.2 .3 9.0 7.3 3.6 2.7 13.8 11.5 .5 .6 .7100100Percentages
728167
2Victoria Real Estate Board Multiple Listing Service ®
CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD
Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
Friday, June 01, 2012
May 2012Reported Sales By Price Range - Townhouse
Price Ranges
Min Max
Percentages
YTDCM
1 1- .31.41,000,000
999,999-975,000
974,999-950,000
949,999-925,000
924,999 2- .7900,000
899,999-875,000
874,999 1- .3850,000
849,999 1- .3825,000
824,999-800,000
799,999 1 1- .31.4775,000
774,999-750,000
749,999 1 1 1- .71.4725,000
724,999 1- .3700,000
699,999-675,000
674,999 1 1 1 1- 1.3650,000
649,999 1 1 1 1- 1.01.4625,000
624,999 1 1 2 1- 1.7600,000
599,999 3 1 1- 1.7575,000
574,999 4 1 1 1 2- 2.32.9550,000
549,999 1 1 1 1 3 1 3 1 2 1- 3.75.8525,000
524,999 3 6 1 3 1 1 1 1 1 1- 4.77.2500,000
499,999 1 2 1 1 2 1 1- 2.04.3475,000
474,999 6 4 4 1 1 1 1 1 1- 6.31.4450,000
449,999 3 2 7 1 7 1 2 1- 7.04.3425,000
424,999 3 3 2 7 2 4 1 2 1 2 1 2- 7.610.1400,000
399,999 1 5 2 4 1 1 5 2 3 1 4 2 4 4 2 6 1- 12.315.9375,000
374,999 4 1 2 2 2 1 6 1 2 1 2 18 1- 12.67.2350,000
349,999 2 5 4 2 5 1 3 3 1 2 4 1 6- 10.610.1325,000
324,999 3 1 1 3 2 5 1 2 1 1 2 9 1 3 1- 10.08.7300,000
299,999 1 1 1 1 2 2 1 1 3- 3.72.9275,000
274,999 1 1 1 4 1 2 2 6 1- 5.05.8250,000
249,999 2 1 1 2 3 1 3- 3.05.8225,000
224,999 1 1- .31.4200,000
199,999-175,000
174,999-150,000
149,999 1- .30
13 48 4 3 11 3 15 5 53 11 28 5 22 1 3 12 30 2 16 10 45 4 18 6 2Total Units
18.8 15.9 1.3 4.3 3.7 4.3 5.0 7.2 17.6 15.9 9.3 7.2 7.3 1.4 1.0 17.4 10.0 2.9 5.3 14.5 15.0 5.8 6.0 2.0 .7100100Percentages
30169
3Victoria Real Estate Board Multiple Listing Service ®
CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD
Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
Friday, June 01, 2012
May 2012Reported Sales By Price Range - Manufactured Homes
Price Ranges
Min Max
Percentages
YTDCM
-300,000
299,999-290,000
289,999-280,000
279,999 1- 1.6270,000
269,999-260,000
259,999 1- 1.6250,000
249,999 1- 1.6240,000
239,999 1 1- 1.68.3230,000
229,999 1 1- 1.68.3220,000
219,999 1- 1.6210,000
209,999 1 1- 3.1200,000
199,999 1 2- 4.7190,000
189,999 2 1 1- 4.78.3180,000
179,999 3 1- 6.3170,000
169,999 2 2 1 1- 7.88.3160,000
159,999 1- 1.6150,000
149,999 1- 1.6140,000
139,999-130,000
129,999 2 1 2 1- 7.88.3120,000
119,999 2 1 1 1 2- 9.48.3110,000
109,999 2 2 1 2 1 1- 7.833.3100,000
99,999 1 2 1- 6.390,000
89,999 1 1- 3.180,000
79,999 2- 3.170,000
69,999 1- 1.660,000
59,999 1 1 3 1- 7.88.350,000
49,999 2 1 1- 6.340,000
39,999 1- 1.630,000
29,999 1 1- 3.120,000
19,999 1 2- 3.18.30
1 10 4 16 1 7 2 14 1 9 2 4 1 4Total Units
8.3 15.6 33.3 25.0 8.3 10.9 16.7 21.9 8.3 14.1 16.7 6.3 8.3 6.3100100Percentages
6412
4Victoria Real Estate Board Multiple Listing Service ®