Victoria Market Snapshot for June

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Victoria Market Snapshot

Current listings by area as of May 31, 2017:

Victoria: 212
Vic West: 27
Oak Bay: 61
Esquimalt: 28
View Royal: 25
East Saanich: 197
West Saanich: 81
Central Saanich: 50
North Saanich: 56
Sidney: 63
Langford: 164
Colwood: 54
Highlands: 14
Sooke: 192
Gulf Islands: 292

Total Active Listings: 1769

There were 542 new listings and 990 sales in May, which means that if no new houses came on the market, we would run out of inventory in approximately 2 months.  

This is still a very hot market and properly priced houses are not lasting long.

Capital City Group