December 2020 Market Update
Posted by Capital City Group on
For home sellers in the Victoria area Santa came early this year. Historically low inventory levels and high demand has continued to apply pressure to pricing, and buyers alike. 795 sales were recorded in November 2020, with 1,813 active listings. That's a whopping 43.8% sales to active listings ratio, more than double the 20% threshold that triggers a seller’s market and rising prices.