New MLS listings and sales to Feb 2017
New listings by month Victoria real estate board to Feb 17 2017
Total MLS listings verses sales keep prices stable March 2017
The total number of sales is TThe total number of sales in the Victoria Real Estate Board is keeping pace and in Dec of 2016 even outpaced the amount of new listing helping to drive the average price incease.
Active MLS Listings on Graph show amazing results For Feb 2017
Total active MLS listings Feb 2016
February Sales Expose Extraordinary Demand for Victoria Area PropertiesMedia release from VREB
February Sales Expose Extraordinary Demand for Victoria Area Properties
March 1, 2016 Victoria BC - The Victoria Real Estate Board today released its report on Multiple Listing Service® real estate activity in the Victoria area for the month of February 2016.
A total of 772 properties sold in the Victoria Real Estate Board region this February, an increase of 42.4 per cent compared to the 542 properties sold in the same month last year.
Inventory levels are lower than the previous year, with 2,562 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of February, 26.4 per cent fewer than the 3,480 active listings at the end of February 2015.
"We continue to see the effect of supply and demand on the market," notes Mike Nugent, 2016 President of the Board. "Areas near the downtown core have limited inventory, with less new product coming on to the market. As a result we see more pressure...
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