December Market Update

Hello! Here is a market update for December.

November’s residential sales totaled 628, very near October’s total sales of 633. However, the average price of a single family home in Greater Victoria raised from $854,833 in October to $902,985 in November. 



Below I have included a chart of benchmark values for single family homes in Greater Victoria that covering the past 12 years to give you a sense of the market's growth. 


We recently received our order for 2018 calendars, which this year showcases classic cars. Let us know if you would like to receive it and we would be happy to mail you one! Also, if you have already received one and would rather not in the the future let us know as well.

Below you will find a few news links that I found interesting last month:

Have a fantastic month!

As always, if you are interested in learning how the current market conditions affect you or your investments, would like a market analysis of your property, or if we can be of assistance in any way at all, please don’t hesitate to give us a call (250-886-8520) or send us an email (


Island Homes Group





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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.