INFOGRAPHICS: May 2021 VREB Victoria Market Reports
Unwavering demand reinforces need to support supply of homes
The Victoria market continued to show its strength through the month of May, with a near record setting pace for sales and ongoing record low inventory levels. A total of 1,049 properties sold in the Victoria Real Estate Board region this May, 129.5% more than the 457 properties sold in May 2020, but 6% fewer than the previous month of April. Sales of condominiums were up 200.9% from May 2020 with 325 units sold. 1.8% fewer condominiums sold in May 2021 than in the previous month of April. Sales of single family homes were up 111.4% from May 2020 with 537 sold. 4.8% fewer single family homes sold in May 2021 than in the previous month of April.
The following data is a comparison between May 2020 and May 2021 numbers, and is current as of June 2021. Click here to check out last month’s figures!
Click on the images for a larger view! (Protip: Make sure to grab the printable PDF versions, too! It fits best when printed on A4-sized sheets, AND we’ve added an area on the sheet where you can attach your business card! 🙂 )