VICTORIA REAL ESTATE
VICTORIA REAL ESTATE - 1ST QUARTER
Homes sales in greater Victoria began to rise in the first quarter of 2007. The total number of properties sold this quarter was 1,939; totalling over $877 million dollars according to the Victoria Real Estate Board's Multiple Listing Service. Included in first quarter sales were 1072 single-family homes, 568 condominiums, 181 town homes and 39 manufactured homes.
The average price of single family homes sold in Greater Victoria last month was $542,504; the average for the last six months was $528,113. The median was lower at $489,900. The average price of all condominiums sold in March was $306,958; the average for the last six months was $308,482. The median was again lower at $266,200. The average price of townhomes for the last six months was $378,941. The median was $345,000.