Victoria Real Estate home sales up 35%
Right now, MLS Victoria sales projected by month end are going to be up 35% over the same month last year. So if you’re selling Santa’s coming early. The current inventory of listings is down 20% from 2014 which probably won’t change much by months end. The idea of supply and demand will apply well here, as the available selection of homes for sale remain low which will continue to increase prices.
Interestingly enough however, it looks like by months end, there will be an increase in people listing their properties of about 20% over this month last year, which is good news for buyers looking for that perfect house and a positive impact on sellers who are wanting to cash in on the increased market value of their home or property.
Stay tuned for end of month/end of year Victoria MLS real estate numbers.
Click here for last month’s statistics.
Darren has been a leading realtor in Victoria for over the last 20 years and would love to help you take advantage of this market. If you're buying or selling, contact Darren today!
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