INFOGRAPHICS: November 2024 VIREB Vancouver Island Market Reports

BALANCED MARKET LIKELY TO CLOSE OUT THE YEAR

The Vancouver Island Real Estate Board (VIREB) recorded 566 unit sales and 3,478 active listings (all property types) board-wide on the MLS® System in November 2024, up 17 and three per cent, respectively.

In the single-family category (excluding acreage and waterfront), 267 homes sold in November, up 14 per cent from one year ago and down 23 per cent from October. Sales of condo apartments last month came in at 62, increasing by 13 per cent year over year and down 23 per cent from October. In the row/townhouse category, 76 units changed hands in November, up 58 per cent from one year ago and down eight per cent from October.

Active listings of single-family homes were 1,105 in November, up from the 1,040 posted one year ago. VIREB’s inventory of condo apartments was 314 last month, up from 285 in November 2023. There were 257 row/townhouses for sale last month compared to 282 the previous year.

Read the full report on VIREB website!

The following data is a comparison between November 2024 and November 2023 numbers, and is current as of December 2024. Click here to check out last month’s infographics.

You can also view all our VIREB infographics by clicking here.