Victoria’s real estate market is showing no signs of cooling off with three consecutive record-breaking months.
A total of 1,289 properties sold in May, compared to the 905 properties sold in the same month last year – an increase of 42.4 per cent.
Inventory levels remain lower than the previous year, with 2,406 active listings for sale – 40.5 per cent fewer than last year, according to the Victoria Real Estate Board.
The MLS home price index benchmark for a single family home in the Victoria core in May was $706,500.
The value for the same home in May 2015 was $593,200. That’s an increase of almost 20 per cent.
Point2 Homes has shared a list of the top ten priciest properties currently on the market. Take a look:
910-21 Dallas Rd – $4,895,000
821-21 Dallas Rd – $3,325,000
1470 Rockland Ave – $2,750,000
620 St. Charles St – $2,550,000
900-636 Montreal St – $2,500,000
516-21 Dallas Rd – $2,495,000
610 St. Charles St – $2,300,000
418 & 417-29 Songhees Rd – $1,998,000
606-1234 Wharf St – $ 1,995,000
224 Superior St – $1,995,000
