INFOGRAPHICS: October 2024 VIREB Vancouver Island Market Reports

BALANCED MARKET OFFERS THE BEST OF BOTH WORLDS

The Vancouver Island Real Estate Board (VIREB) recorded 722 unit sales and 4,015 active listings (all property types) board-wide on the MLS® System in October 2024, up 42 per cent and
12 per cent, respectively.

In the single-family category (excluding acreage and waterfront), 346 homes sold in October, up 45 per cent from one year ago and eight per cent from September. Sales of condo apartments last month came in at 80, increasing by 36 per cent year over year and 16 per cent from September. In the row/townhouse category, 83 units changed hands in October, up 43 per cent from one year ago and down 11 per cent from September.

Active listings of single-family homes were 1,352 in October, up from the 1,157 posted one year ago. VIREB’s inventory of condo apartments was 366 last month, up from 307 in October 2023. There were 299 row/townhouses for sale last month compared to 265 the previous year.

Read the full report on VIREB website!

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

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