2016 started with the busiest month of sales in January since 2002!
Sales increase of 53.6 % Inventory down 24.7 %
Translation: It's a Seller's Market
539 properties sold in the Victoria Real Estate Board region this January, an increase of 53.6 per cent compared to the 351 properties sold in the same month last year.
Inventory levels are lower than the previous year, with 2,471 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January, 24.7 per cent fewer than the 3,283 active listings at the end of January 2015. Translation: it's a Sellers Market.
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