2697 replies to this topic

[Mike K.]

This is going to be a one heck of a finish, at this rate. We're literally head-to-head with June of last year as far as daily sales go (24.x over 21 days).

[Nparker]

It looks like we are on track to have close to the same number of sales as June 2019. Under the current circumstances that is quite amazing.

 

Edit: Mike K. did the math and got his post up just a wee bit faster than I did!

Edited by Nparker, 22 June 2020 - 08:26 AM.

[Mike K.]

This month's average price could see a bump up with the sale of a $2.3M home on Sea View Road in Saanich (which sold in one day), a $1.955M sale of a place on Lochside Drive in Saanich (or C. Saanich?), a $1.95M sale on Glynnwood Road in North Saanich (also just one day on the market), a $1.78M sale on Delkeith Avenue in North Saanich, a $1.8M sale on Ravenscroft Place (again, one day on the market) and a $1.9M sale in East Sooke on Norwach Place. That's $11.7M in sales for only six properties.

 

Plenty of sales have also been in the $1.1-$1.7M range.

 

And that's only for properties with at least 0.5 of an acre. There might have been several $2+ sales on parcels smaller than that.

[Mike K.]

Alright, you real-estate buffs, you.

We’re a week away from July 1st, so let’s place some bets. There are no prizes, but you’ll get the forum crown for the day if you nail some numbers.

My guess is 748 total sales, with an average price of $949,000.

[lanforod]

Assuming you mean average is for SFH.

 

720 sales, 920k.

[Mike K.]

Very good. Cmon, nparker, your turn.

[Mike K.]

Calling nparker! You gotta get your bid in prior to Marko posting the numbers today.

[MarkoJ]

Victoria Real Estate Board

Monday June 29, 2020:

 

Month Jun Jun

Year 2020 2019

Net Unconditional Sales: 727 740

New Listings: 1,337 1,221

Active Listings: 2,710 3,040

 

Please Note

 

Left Column: stats so far this month

Right Column: stats for the entire month from last year 

[Mike K.]

Wow. 780 sales are within reach this month.

[Nparker]

Despite my slow response, I am pleased to see strong numbers for June. 

[Mike K.]

June, 2020 is shaping up to be the second-busiest month since 2017 and the fourth busiest June on record, if we push north of 774 sales to bump April 2018's total. It'll be the fourth busiest June on record if we land north of 740 sales.

[Mike K.]

Oops, scratch that. There were at least two additional Junes with over 900 sales, so this June could be sixth overall if sales push north of 740.

[lanforod]

Despite my slow response, I am pleased to see strong numbers for June. 

 

VV creds downgraded for slow response. Turn in your executive washroom and cafeteria discount cards. 

[MarkoJ]

Keep in mind this June has two more business days than last June.

[johnk2]

House right behind me, 1908 character, up-to-date plumbing and electrics, turn-key ready to move in @ $1.15 million. "Sale pending" sign was up within 24 hours.

[LeoVictoria]

Detached sales fully recovered to pre-pandemic levels and at all time record high prices (average is above $1M for first time ever).

 

Condo market lagging still.   Two very different markets in Victoria right now.

 

Edited by LeoVictoria, 01 July 2020 - 08:34 PM.

[MarkoJ]

Victoria Real Estate Board

Thu Jul 2, 2020:

 

Month Jun Jun

Year 2020 2019

Net Unconditional Sales: 808 740

New Listings: 1,430 1,221

Active Listings: 2,698 3,040

 

Please Note

 

Left Column: stats for the entire month from this year

Right Column: stats for the entire month from last year 

[Citified.ca]

The average price paid for a single-family-dwelling throughout the Capital was over $1 million for the first time ever as buyers flocked to higher priced inventory.

Victoria home prices surge to record-setting $1 million average as June sales outpaced 35 of the last 36 months
https://victoria.cit...last-36-months/

[MarkoJ]

Victoria Real Estate Board

Monday July 6, 2020:

 

Month Jul Jul

Year 2020 2019

Net Unconditional Sales: 111 706

New Listings: 201 1,152

Active Listings: 2,675 2,949

 

Please Note

 

Left Column: stats so far this month

Right Column: stats for the entire month from last year

[MarkoJ]

Victoria Real Estate Board

Monday July 13, 2020:

 

Month Jul Jul

Year 2020 2019

Net Unconditional Sales: 329 706

New Listings: 549 1,152

Active Listings: 2,710 2,949

 

Please Note

 

Left Column: stats so far this month

Right Column: stats for the entire month from last year

This comes from the latest Comparative Activity by Property Type report