Number of home for sale in Greater Victoria drops by 17 per cent in March
According to the Greater Victoria Real Board a total of 929 properties sold in Greater Victoria this March, that marks a 17 per cent decrease in sales from March, 2016.
The average sale price for a single family home last month was $846,130.
That was an increase of $97,646s from March, 2016.
The average price for a condo was $406,439 last month, that’s an increase of over 85 thousand dollars from last March.
The Greater Victoria Real Estate Board says there now almost 41 per cent fewer homes for sale in Greater Victoria than there were a year ago.