December 2021 Greater Victoria Market Update

Rosemary and Gary

December 2021 Greater Victoria Market Update

Here are the just released Home Price Benchmark figures for homes and condos today
(January 4th) from the Victoria Real Estate Board for comparison to November 2021 and December 2020.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in December 2020 was $915,300. The benchmark value for the same home in December 2021 increased by 25.1 per cent to $1,144,900, up from November’s value of $1,122,600. The MLS® HPI benchmark value for a condominium in the Victoria Core area in December 2020 was $487,100, while the benchmark value for the same condominium in December 2021 increased by 17.1 per cent to $570,600, up from the November value of $560,700.

To request full statistics package for all areas in Greater Victoria, BC Canada, click on this link https://mailchi.mp/a71a98e95225/greater-victoria-dec2021-market-update

Please contact either Rosemary or Gary if you would like to discuss the current market, would like a Comparative Market Analysis of your home, or would like to discuss selling or buying a property in the Greater Victoria area.

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