Market Update – Victoria
Unlike other years, April 2021 does not provide any real insight into how real estate market trends will evolve in the future and we need to consider the years before the pandemic.
Home Sales
1116 properties sold in Victoria’s housing market in April 2021:
- 288.9% increase from 287 homes sold in April 2020.
- 4.9% decrease from March 2021.
Listings
On Victoria Real Estate Board Multiple Listing Service® in April 2021 there 1,454 active listings for sale:
- 36.9 % decrease compared to April 2020.
- 11% increase compared to March 2021.
The MLS® Home Price Index
The MLS® Home Price Index composite benchmark price for all residential properties in Victoria is currently $996,500:
- A 12.6% increase over April 2020
- A 2.9% increase compared to March 2021.
