president directors david langlois sheila aujla president

VICTORIA REAL ESTATE BOARD 3035 Nanaimo Street Victoria, BC V8T 4W2

T 250.385.7766 F 250.385.8773 www.vreb.org www.openhousesvictoria.ca

Nov 1, 2021 Inventory pressures continue to constrain Victoria real estate market A total of 745 properties sold in the Victoria Real Estate Board region this October, 24.7 per cent fewer than the 990 properties sold in October 2020 and 2.1 per cent fewer than the previous month of September. Condominium sales were down 18.1 per cent from October 2020 with 249 units sold. 18.6 per cent fewer condominiums sold in October 2021 than in the previous month of September. Sales of single family homes were down 30.4 per cent from October 2020 with 339 sold. 2.4 per cent more single family homes sold in October 2021 than in the previous month of September.

"Once again – it’s anyone’s guess what our sales numbers would be like had we been in a market with a historically average number of homes for sale," said Victoria Real Estate Board President David Langlois. "Over the previous ten years, the average number of properties for sale in the month of October was 3,210 - we are one third of that this year. We continue to see record breaking low levels of homes for sale and with continuing competition for homes, we see pricing pressure persist.”

There were 1,036 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of October 2021, 51.2 per cent fewer properties than the 2,122 available at the end of October 2020 and 7.8 per cent fewer properties than the 1,124 active listings for sale at the end of September 2021.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in October 2020 was $880,500. The benchmark value for the same home in October 2021 increased by 25.3 per cent to $1,103,600, a 0.3 per cent increase from the previous month of September. The MLS® HPI benchmark value for a condominium in the Victoria Core in October 2020 was $482,200, while the benchmark value for the same condominium in October 2021 increased by 14.4 per cent to $551,800.

“The only solution to our current market is to create more supply,'' added President Langlois. "And creating supply isn’t something that happens overnight, so we need to make a commitment to build in the coming years. That takes cooperation. It takes public acceptance of increased density in some areas, the ability for builders to staff and supply their developments and for investors to be able to make their plans a reality within a reasonable timeline and at a reasonable cost. We need to continue to focus on densification of our urban areas – the idea of encouraging duplexes and small plexes in neighbourhoods and building up in core areas. Thoughtful densification will allow us to protect our greenspace, leverage existing infrastructure and take advantage of existing amenities."

About the Victoria Real Estate Board - Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards and innovative programs to enhance the professionalism of REALTORS®. The Victoria Real Estate Board represents 1,503 local Realtors. If you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area housing market.

PRESIDENT David Langlois PRESIDENT ELECT Karen Dinnie-Smyth TREASURER Patrick Novotny PAST PRESIDENT Sandi-Jo Ayers

DIRECTORS Sheila Aujla Robert Cole Laurie Lidstone Jackie Ngai Graden Sol EXECUTIVE OFFICER David Corey

October 2021Statistics Package for Media

Victoria Real Estate Board October 2021 Statistics

Previous Periods Comparison of Unit Sales, Average Prices and Median Prices

Previous Periods Comparison of MLS® HPI Benchmark Prices and MLS® HPI Index Values


The ratio of counts of total residential sales over total active residential listings for the last 25 months Produced: 01-Nov-2021

Page 1 of 1

Sales to Active Listings Ratio

This chart tracks the ratio of total residential sales over total active residential listings at month-end for each of the last 25 months.The active listing count and the sales count can be viewed as indicators of housing supply and demand respectively. Observing the ratio between them can thus help indicate a "buyers' market", where there is downward pressure on prices, and a "sellers' market", where there is upward pressure on prices.

- below 10%, there is downward pressure on prices (buyers' market) - above 25%, there is upward pressure on prices (sellers' market) - in the 15-20% range, there is little pressure on prices either way (balanced market)


Total new MLS® listings and total MLS® sales for entire district

The Victoria Real Estate Board uses the MLS® Home Price Index (MLS® HPI) to report on market trends. The MLS® HPI uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area.

Through the analysis of over fifteen years of Victoria Real Estate Board MLS® sales data, the MLS® HPI defined benchmark homes for Victoria in each category (single family homes, townhouses, condos) and for each neighbourhood. The benchmark starting point was 2005, where each type of property and neighbourhood was assigned an index value of 100.

MLS® HPI benchmark and value - Single Family Homes


12MonthsAgo

%Differencefrom12MonthsAgo(October2020toOctober2021)

SelectTimeframe:

1.AreaGroupVREBAreaSummary

3.Area/PropertyTypeSelectionAll

2.PropertyType–SingleFamily-All(SF-All)

Note:AreaswithinsufficientsalesarenotincludedintheHPI.

Source:VictoriaRealEstateBoard

VictoriaREB–

SF-All

Core–SF-All

Westshore–SF-All

Peninsula–SF-All

GulfIslands–SF-All

Malahat&Area–

SF-All

26.9%

25.3%

28.1%

26.1%

31.8%

30.1%


MLS® HPI benchmark and value - Condominium / Apartments


12MonthsAgo

%Differencefrom12MonthsAgo(October2020toOctober2021)

SelectTimeframe:



2.PropertyType–CondoApartment(Con)



VictoriaREB–Con

Core–Con

Westshore–Con

Peninsula–Con

14.9%14.4%

17.0%

16.0%



October2021 1MonthAgo 3MonthsAgo 6MonthsAgo 12MonthsAgo 3YearsAgo 5YearsAgo January2005

VictoriaREB–SF-All

Victoria–SF-All

VictoriaWest–SF-All

OakBay–SF-All

Esquimalt–SF-All

ViewRoyal–SF-All

SaanichEast–SF-All

SaanichWest–SF-All

Sooke–SF-All

Langford–SF-All

Metchosin–SF-All

Colwood–SF-All

Highlands–SF-All

NorthSaanich–SF-All

Sidney–SF-All

CentralSaanich–SF-All

MLMalahat&Area–SF-All

GIGulfIslands–SF-All

$993,100

$990,300

$984,100

$982,400

$980,600

$976,500

$968,100

$959,700

$959,600

$950,700

$943,800$937,600

$933,700

$924,500

$921,600

$912,400

$911,700

$907,100

$903,600

$898,500

$898,400

$895,900

$887,000

$880,600

$878,000 $874,800

$874,700

$873,400

$872,800

$865,800

$864,600

$858,100

$852,200

$851,600

$850,200

$846,900

$844,300

$840,600

$839,200

$836,800

$812,000

$805,900

$805,100

$796,900

$796,600

$792,400

$790,500

$783,900

$779,400

$778,400

$770,400

$768,600

$764,800

$757,600

$756,000

$749,400

$737,100

$735,700

$734,500

$733,900

$730,500

$710,800

$698,200

$688,100

$677,300

$676,700

$672,600

$669,300

$665,300

$665,200

$660,200

$649,000

$646,900

$645,100

$639,100

$628,900

$613,800

$607,400

$585,500

$582,300

$579,200

$577,500

$572,800

$557,800

$552,000

$513,900

$512,500

$510,600

$493,000

$487,900

$482,400

$455,400

$431,000

$412,900

$394,500

$370,800

$363,800

$358,000

$357,400

$349,200

$332,600

$329,100

$316,500

$308,000

$292,400

$284,200

$282,300

$271,500

$265,000

$1,537,200 $1,521,200$1,513,500 $1,386,000

$1,358,200 $1,339,000 $1,331,100

$1,330,100 $1,311,000 $1,293,000

$1,287,200

$1,257,800 $1,245,500 $1,240,900

$1,188,900

$1,181,300

$1,170,500

$1,121,600$1,120,000 $1,096,700

$1,093,400

$1,063,300

$1,045,200

$1,038,300

$1,035,900

$1,034,500

$1,032,500$1,032,500

$1,027,800

$1,021,400

$1,016,700

$1,013,900

$1,010,400

$1,002,600 $1,001,200

BenchmarkPricebyTimeframeandPropertyType

ValueorpercentchangeValuePercentchange

HPIorBenchmarkPriceHPIBenchmarkPrice

1.AreaGroupVREBDistrictSummary






VictoriaREB–SF-All

Victoria–SF-All

VictoriaWest–SF-All

OakBay–SF-All

Esquimalt–SF-All

ViewRoyal–SF-All

SaanichEast–SF-All

SaanichWest–SF-All

Sooke–SF-All

Langford–SF-All

Metchosin–SF-All

Colwood–SF-All

Highlands–SF-All

NorthSaanich–SF-All

Sidney–SF-All

CentralSaanich–SF-All

MLMalahat&Area–SF-All

GIGulfIslands–SF-All

332.1329.9 325.3

301.9

300.9

300.7

300.3 299.2

299.1

298.3

298.0

297.5

296.7

295.7

291.6

291.2

288.9288.9

288.6

288.0

287.1 286.7

286.6

285.5

285.3

284.3

284.0

283.9

283.9

283.2

281.3

280.7

279.0

278.5

278.0

277.4

277.2

276.5

276.2

275.6

275.5

274.3

274.2

273.5

272.6

272.5

272.5

271.6

271.0

270.1

270.0

268.7

268.5

265.2

265.0

264.4

263.7

258.8

257.7

256.4

253.8

252.7

252.4

251.1

250.1

249.5

246.0

245.1 243.2

243.1

240.1

239.9

239.6

238.1

236.8

233.5

233.2

231.9

229.9

229.7

229.3

229.2

228.1

228.0

227.5

227.1

226.7

224.9

223.2

221.6

220.6

217.8

217.4

215.4

214.7

212.6

212.3

212.0

211.0

206.3

206.0

201.7

201.2

200.2

199.3

198.9

198.7

198.4

198.1

197.5

193.4

191.1

189.3

183.0

183.0

180.7

180.5

177.7

172.0

167.7

165.8

164.7

161.3

155.8

152.7

134.0 100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

HPIbyTimeframeandPropertyType









VictoriaREB–Con

Victoria–Con

VictoriaWest–Con

OakBay–Con

Esquimalt–Con

ViewRoyal–Con

SaanichEast–Con

SaanichWest–Con

Sooke–Con

Langford–Con

Colwood–Con

NorthSaanich–Con

Sidney–Con

CentralSaanich–Con

$747,900 $742,100 $713,200

$695,300

$688,900

$688,200

$677,600$672,300

$667,300

$661,900$654,500

$640,100

$621,600

$617,200$616,000

$586,800

$564,600

$563,500

$558,600

$552,100

$548,000 $542,700

$538,800

$537,000 $535,600

$535,000

$533,500

$525,900 $525,400 $520,200

$516,600

$508,900

$507,500

$507,000

$504,800

$503,700

$498,100

$495,500

$494,000

$491,700

$491,500

$486,400

$485,300

$481,900

$480,800

$480,500

$479,100

$476,900

$473,500

$471,300

$469,800

$467,900

$465,300

$464,900

$464,500

$462,500

$461,600

$451,100

$450,900

$450,300

$450,000

$446,100

$441,800

$437,100

$429,400

$427,000

$425,900

$425,800

$421,500

$417,100

$411,900

$410,800 $409,600

$405,500

$400,100

$398,600

$384,300

$383,900

$383,000

$381,400

$378,300 $361,600

$352,900

$342,900

$342,800

$339,600

$339,600

$326,600

$322,800

$317,300

$311,200

$301,500

$297,200

$290,200

$280,300

$280,100

$276,900

$266,900

$240,400

$238,700

$205,900

$202,800

$201,600

$200,600

$190,600

$188,800

$160,600

$159,100

$155,000

$147,900

$129,900

$122,100










VictoriaREB–Con

Victoria–Con

VictoriaWest–Con

OakBay–Con

Esquimalt–Con

ViewRoyal–Con

SaanichEast–Con

SaanichWest–Con

Sooke–Con

Langford–Con

Colwood–Con

NorthSaanich–Con

Sidney–Con

CentralSaanich–Con

342.8 340.6 324.9

317.2

316.1 315.2

313.6

313.2

311.4

309.8

306.7

305.0

303.2

302.9

302.2

300.1

296.1

294.1

293.5

293.5

291.3

290.3

287.9

287.5

285.0

282.6

280.2

280.2

280.0

278.1

278.0

277.7

277.3

277.0

275.9 275.6

274.8

274.2

272.9

271.6

269.6

268.4

268.1

267.2

267.2

264.8

261.7

260.8 260.1

259.7

259.6

258.9

258.6258.1

257.8

256.2

254.8

253.0

252.6

251.3

250.0

248.8

248.4

248.3

246.5

245.1

244.7

243.9

242.8

239.9

239.8

239.3

237.6

236.1

230.1

229.5

224.6

224.5

223.6

218.7

217.9212.3

211.9 193.2

191.8

189.5

189.4

185.0

180.7

179.9

179.9

179.9

174.0

170.0

166.1

160.9

154.1

144.5

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0










VictoriaREB–Twn

Victoria–Twn

VictoriaWest–Twn

Esquimalt–Twn

ViewRoyal–Twn

SaanichEast–Twn

SaanichWest–Twn

Sooke–Twn

Langford–Twn

Colwood–Twn

Sidney–Twn

CentralSaanich–Twn

MLMalahat&Area–Twn

GIGulfIslands–Twn $889,600 $873,300

$867,100

$859,500

$850,700 $833,900

$814,500 $810,600

$807,400

$803,300

$797,900

$793,500

$788,900

$773,600

$770,900

$768,300

$765,000

$761,700

$753,300

$746,000

$741,700

$741,400

$737,200

$733,600

$729,900

$725,600

$719,000

$707,600

$706,900

$703,900

$701,800

$701,500

$700,600

$699,500

$695,800

$690,600

$690,500

$681,300

$679,400

$677,900

$672,800

$670,300

$669,300

$664,800

$661,500

$660,900

$656,800

$653,300

$644,400

$642,900

$640,500

$639,400

$638,100

$626,500

$621,200

$612,700

$612,200

$600,700

$599,300

$599,000

$591,600

$590,200

$579,100

$578,500

$576,700

$569,800

$569,000

$561,500

$560,900

$559,700

$550,900

$548,600

$546,000

$540,300

$526,800

$522,400

$521,100

$516,900

$512,100

$508,500

$507,900

$493,900

$493,600

$483,100

$473,300

$465,400

$460,000

$458,400

$455,100

$446,400

$436,700

$414,600

$410,900

$409,300

$394,700

$392,800

$355,900

$352,200

$316,600

$303,000

$277,200

$269,500

$267,700

$266,100

$262,100

$260,600

$245,700

$241,900

$235,600

$229,000

$219,300

$204,100






2.PropertyType–Townhouse(Twn)




VictoriaREB–Twn

Victoria–Twn

VictoriaWest–Twn

Esquimalt–Twn

ViewRoyal–Twn

SaanichEast–Twn

SaanichWest–Twn

Sooke–Twn

Langford–Twn

Colwood–Twn

Sidney–Twn

CentralSaanich–Twn

MLMalahat&Area–Twn

GIGulfIslands–Twn

365.5 361.2 352.3 340.9

334.3

332.1

328.2323.0

319.4

318.7

314.8

313.3

311.4

303.1

294.5

293.1

291.3

287.1

285.6

284.6

282.7

276.9

276.5

276.0

274.3

273.9

273.8

273.2

271.5

271.0

269.1

268.8

268.8

268.7

267.6

267.5

265.0

263.4

263.3

262.0

260.1

259.6

258.3

257.2

254.4

253.1

252.8

251.8

250.6

248.6

245.8

244.4

244.0

242.7

242.1

240.4

238.4

238.1

237.6

236.8

232.5

232.3

229.2

228.5

225.7

223.7

223.7

223.6

223.3

222.2

217.4

214.7

212.6

212.5

211.4

211.4

210.2

203.2

201.3

200.9

198.7

195.4 193.8

189.5

185.5

179.3

179.1

178.3

178.2

177.7

176.8

175.9

171.8

171.4

155.4

153.8

150.6

149.5

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0

100.0









VictoriaREB–SF-All Core–SF-All Westshore–SF-All Peninsula–SF-All

SelectDateRange:Allvalues

Jan2006

Jan2008

Jan2010

Jan2012

Jan2014

Jan2016

Jan2018

Jan2020

Jan2022

Ben

chmarkPrice($)

300,000

400,000

500,000

600,000

700,000

800,000

900,000

1,000,000

1,100,000

BenchmarkPricePerformanceoverTime


3.Area/PropertyTypeSelectionMultiplevalues



Addinglabels

HoldCtrl(Cmd)andselectpointsonthecharttoshowmultipledate/valuelabels



VictoriaREB–Con Core–Con Westshore–Con Peninsula–Con


Jan2006

Jan2008

Jan2010

Jan2012

Jan2014

Jan2016

Jan2018

Jan2020

Jan2022

Ben

chmarkPrice($)

200,000

300,000

400,000

500,000






Addinglabels




VictoriaREB–Twn Core–Twn Westshore–Twn Peninsula–Twn


Jan2006

Jan2008

Jan2010

Jan2012

Jan2014

Jan2016

Jan2018

Jan2020

Jan2022

Ben

chmarkPrice($)

300,000

400,000

500,000

600,000

700,000

800,000






Addinglabels




VictoriaREB–SF-All VictoriaREB–Twn VictoriaREB–Con


Jan2006

Jan2008

Jan2010

Jan2012

Jan2014

Jan2016

Jan2018

Jan2020

Jan2022

Ben

chmarkPrice($)

200,000

300,000

400,000

500,000

600,000

700,000

800,000

900,000

1,000,000




2.PropertyTypeMultiplevalues


Addinglabels


Monthly Sales Summary (Mark I)Residential Waterfront Properties Integrated Into Their Own Districts

Units Total Volume

October 2021

District

Produced: 01-Nov-2021

Residential

Single Family Detachedl

Greater Victoria

Victoria / Victoria West 37 $49,384,100

Oak Bay 22 $40,282,933

Esquimalt 9 $11,816,744

View Royal 5 $5,781,000

Saanich East 56 $83,038,188

Saanich West 27 $30,295,540

Central Saanich 16 $26,844,349

North Saanich 21 $34,941,000

Sidney 9 $10,317,000

Highlands 1 $1,365,000

Colwood 11 $12,165,927

Langford 53 $60,184,397

Metchosin 4 $4,852,000

Sooke 30 $30,755,900

Gulf Islands 29 $35,961,000

Total Greater Victoria 330 $437,985,078

Other Areas

Malahat & Area 9 $6,535,800

Total Other Areas 9 $6,535,800

Total Single Family Detached 339 $444,520,878

Condo Apartmentl

Greater Victoria


Oak Bay 4 $6,005,000

Esquimalt 9 $5,191,600

View Royal 3 $1,744,900




North Saanich 1 $685,000

Sidney 17 $11,573,700

Colwood 3 $1,783,000

Langford 39 $21,238,715

Sooke 9 $4,986,300

Gulf Islands 1 $449,000


Total Condo Apartment 249 $154,593,964

Page 1 of 3Victoria Real Estate Board Multiple Listing Service ®


Units Total Volume

October 2021

District


Row/Townhousel

Greater Victoria



View Royal 11 $9,370,430




Sidney 7 $6,165,000

Colwood 8 $6,090,140

Langford 21 $14,756,595

Sooke 3 $2,889,800



Total Row/Townhouse 90 $77,030,448

Manufactured Homel

Greater Victoria


View Royal 1 $135,000

Central Saanich 3 $932,000

Langford 2 $288,000

Sooke 3 $705,100



Other Areas



Total Manufactured Home 17 $6,882,600

Total Residential 695 $683,027,889



Units Total Volume

October 2021

District


$718,471,019745Grand Totals

Other Property

Lots & Acreagel

Greater Victoria

Oak Bay 2 $4,340,000


Colwood 2 $1,050,000

Langford 16 $11,303,399

Sooke 7 $3,068,700



Other Areas

Malahat & Area 2 $765,000

Total Other Areas 2 $765,000

Total Lots & Acreage 37 $23,538,099

13 $11,905,031Other Commercial Propertiesl


Monthly Sales Summary (Mark II)Waterfront Properties Segregated Into a 'Waterfront' District

Units Total Volume

October 2021

District


Residential

Single Family Detachedl

Greater Victoria

Victoria 34 $46,240,100

Victoria West 3 $3,144,000

Oak Bay 22 $40,282,933


View Royal 4 $4,131,000




North Saanich 20 $31,991,000

Sidney 8 $8,237,000

Highlands 1 $1,365,000

Colwood 11 $12,165,927

Langford 52 $59,124,397

Metchosin 4 $4,852,000

Sooke 25 $24,133,400


Waterfront (all districts) 25 $46,599,460


Other Areas



Total Single Family Detached 339 $444,520,878

Condo Apartmentl

Greater Victoria

Victoria 107 $64,751,949


Oak Bay 2 $2,717,000


View Royal 2 $1,181,000





Sidney 16 $10,873,700

Colwood 2 $980,000

Langford 39 $21,238,715

Sooke 3 $1,092,500



Total Condo Apartment 249 $154,593,964



Units Total Volume

October 2021

District


Row/Townhousel

Greater Victoria

Victoria 15 $16,612,800



View Royal 11 $9,370,430




Sidney 7 $6,165,000

Colwood 8 $6,090,140

Langford 21 $14,756,595

Sooke 2 $1,569,800




Total Row/Townhouse 90 $77,030,448

Manufactured Homel

Greater Victoria

Victoria 1 $2,375,000

View Royal 1 $135,000

Central Saanich 3 $932,000

Langford 2 $288,000

Sooke 3 $705,100



Other Areas



Total Manufactured Home 17 $6,882,600

Total Residential 695 $683,027,889



Units Total Volume

October 2021

District


$718,471,019745Grand Totals

Other Property

Lots & Acreagel

Greater Victoria

Oak Bay 2 $4,340,000


Colwood 2 $1,050,000

Langford 16 $11,303,399

Sooke 7 $3,068,700



Other Areas

Malahat & Area 2 $765,000

Total Other Areas 2 $765,000

Total Lots & Acreage 37 $23,538,099

13 $11,905,031Other Commercial Propertiesl


Sales to Active Listings RatioThe ratio of counts of total residential sales over total active residential listings for the last 25 months

October 2021Produced: 01-Nov-2021

10%20%30%40%50%60%70%80%90%

100%110%120%

Oct

20

19

No

v 20

19

De

c 20

19

Jan

202

0

Fe

b 2

020

Ma

r 2

020

Apr

20

20

Ma

y 20

20

Jun

202

0

Jul 2

020

Aug

20

20

Sep

20

20

Oct

20

20

No

v 20

20

De

c 20

20

Jan

202

1

Fe

b 2

021

Ma

r 2

021

Apr

20

21

Ma

y 20

21

Jun

202

1

Jul 2

021

Aug

20

21

Sep

20

21

Oct

20

21

The Sales to Active Listings Ratio

This chart tracks the ratio of total residential sales over total active residential listings at month-end for each of the last 25 months.

The active listing count and the sales count can be viewed as indicators of housing supply and demand respectively. Observing the ratio between them can thus help indicate a "buyers' market", where there is sustained downward pressure on prices, and a "sellers' market", where there is sustained upward pressure on prices.

Based on a regression analysis performed by the Economics Department of the BC Real Estate Association in each market area of the province, the Sales to Active Listings Ratio for Victoria can be interpreted as follows:

- below 14%, there is downward pressure on prices (buyers' market)- above 20%, there is upward pressure on prices (sellers' market)- in the 14-20% range, there is little pressure on prices either way (balanced market)

Victoria Real Estate Board Multiple Listing Service ® Page 1 of 1

Monthly Comparative Activity By Property Type Includes All MLS® Property Types

October 2021

Current Month

This Year % ChangeLast Year

Year To Date



Single Family - ResidentialUnits Listed 268

Units Sold 264

Sell/List Ratio 99

Sales Dollars $329,165,018

Average Price / Unit $1,246,837

Price Ratio 102

Days To Sell 21

Active Listings at Month End 229

%

%

420

394

94

$400,636,733

$1,016,844

99

32

505

%

%

-36

-33

-18

23

-35

-55

%

%

%

%

%

%

4012

3325

83

$3,799,287,905

$1,142,643

103

19

%

%

4314

3024

70

$2,810,042,318

$929,247

99

35

%

%

-7

10

35

23

-46

%

%

%

%

%

Single Family - Residential WaterfrontUnits Listed 16

Units Sold 24

Sell/List Ratio 150



Price Ratio 103

Days To Sell 41


%

%

24

22

92

$31,414,500

$1,427,932

96

114

94

%

%

-33

9

47

35

-64

-49

%

%

%

%

%

%

319

228

71

$452,219,846

$1,983,420

99

49

%

%

376

231

61

$406,837,927

$1,761,203

95

96

%

%

-15

-1

11

13

-49

%

%

%

%

%

Single Family - Residential AcreageUnits Listed 42

Units Sold 30

Sell/List Ratio 71



Price Ratio 99

Days To Sell 45


%

%

39

38

97

$43,947,225

$1,156,506

96

73

94

%

%

8

-21

13

43

-38

-29

%

%

%

%

%

%

428

327

76

$503,816,084

$1,540,722

100

40

%

%

459

303

66

$340,528,122

$1,123,855

97

64

%

%

-7

8

48

37

-37

%

%

%

%

%

Condo ApartmentUnits Listed 273

Units Sold 249

Sell/List Ratio 91


Average Price / Unit $620,859

Price Ratio 101

Days To Sell 23


%

%

410

304

74

$150,997,061

$496,701

98

36

676

%

%

-33

-18

2

25

-36

-65

%

%

%

%

%

%

3635

3061

84

$1,685,292,842

$550,569

100

26

%

%

3569

1946

55

$946,454,555

$486,359

98

41

%

%

2

57

78

13

-35

%

%

%

%

%



October 2021

Current Month


Year To Date



Row/TownhouseUnits Listed 114

Units Sold 89

Sell/List Ratio 78



Price Ratio 102

Days To Sell 22


%

%

130

125

96

$79,388,785

$635,110

99

30

163

%

%

-12

-29

-5

34

-28

-48

%

%

%

%

%

%

1178

1009

86

$732,961,939

$726,424

102

22

%

%

1269

895

71

$540,763,824

$604,205

99

42

%

%

-7

13

36

20

-48

%

%

%

%

%

Half Duplex (Up and Down)Units Listed 3

Units Sold 0

Sell/List Ratio

Sales Dollars $0

Average Price / Unit

Price Ratio

Days To Sell


%

%

1

3

300

$4,362,500

$1,454,167

99

36

1

%

%

200

-100

-100

700

%

%

%

%

%

%

24

13

54

$13,604,300

$1,046,485

102

22

%

%

8

6

75

$5,606,500

$934,417

99

78

%

%

200

117

143

12

-72

%

%

%

%

%

Half Duplex (Side by Side)Units Listed 12

Units Sold 13

Sell/List Ratio 108



Price Ratio 103

Days To Sell 18


%

%

31

22

71

$14,966,650

$680,302

101

34

35

%

%

-61

-41

-27

24

-48

-71

%

%

%

%

%

%

252

222

88

$176,808,681

$796,436

103

22

%

%

176

117

66

$78,166,149

$668,087

100

32

%

%

43

90

126

19

-29

%

%

%

%

%

Half Duplex (Front and Back)Units Listed 1

Units Sold 2

Sell/List Ratio 200



Price Ratio 101

Days To Sell 50


%

%

1

2

200

$1,379,900

$689,950

100

17

3

%

%

0

0

8

8

200

-100

%

%

%

%

%

%

38

30

79

$24,616,050

$820,535

104

18

%

%

24

19

79

$12,592,300

$662,753

99

29

%

%

58

58

95

24

-38

%

%

%

%

%



October 2021

Current Month


Year To Date



RecreationalUnits Listed 2

Units Sold 1

Sell/List Ratio 50

Sales Dollars $327,500


Price Ratio 94

Days To Sell 163


%

%

2

1

50

$43,000

$43,000

91

264

14

%

%

0

0

662

662

-38

-57

%

%

%

%

%

%

27

27

100

$5,515,000

$204,259

101

217

%

%

32

16

50

$2,012,900

$125,806

94

168

%

%

-16

69

174

62

29

%

%

%

%

%

Manufactured HomeUnits Listed 20

Units Sold 17

Sell/List Ratio 85



Price Ratio 97

Days To Sell 31


%

%

17

19

112

$5,340,100

$281,058

97

49

30

%

%

18

-11

29

44

-38

0

%

%

%

%

%

%

225

161

72

$56,421,856

$350,446

99

36

%

%

172

136

79

$33,504,397

$246,356

96

57

%

%

31

18

68

42

-36

%

%

%

%

%

Residential LotsUnits Listed 28

Units Sold 32

Sell/List Ratio 114



Price Ratio 99

Days To Sell 59


%

%

20

28

140

$12,545,388

$448,050

95

83

113

%

%

40

14

67

46

-29

-69

%

%

%

%

%

%

251

212

84

$112,659,780

$531,414

98

76

%

%

283

133

47

$61,978,362

$466,003

98

114

%

%

-11

59

82

14

-34

%

%

%

%

%

Residential Lots - WaterfrontUnits Listed 1

Units Sold 2

Sell/List Ratio 200



Price Ratio 100

Days To Sell 22


%

%

5

3

60

$3,670,000

$1,223,333

94

84

27

%

%

-80

-33

-63

-45

-74

-81

%

%

%

%

%

%

33

28

85

$17,641,700

$630,061

97

165

%

%

63

20

32

$16,143,625

$807,181

95

131

%

%

-48

40

9

-22

26

%

%

%

%

%



October 2021

Current Month


Year To Date



Residential AcreageUnits Listed 13

Units Sold 3

Sell/List Ratio 23



Price Ratio 97

Days To Sell 23


%

%

16

8

50

$4,620,500

$577,563

95

187

63

%

%

-19

-63

-73

-28

-88

-46

%

%

%

%

%

%

104

82

79

$50,329,427

$613,774

99

102

%

%

132

69

52

$41,569,050

$602,450

92

156

%

%

-21

19

21

2

-34

%

%

%

%

%

Residential Acreage - WaterfrontUnits Listed 2

Units Sold 0

Sell/List Ratio

Sales Dollars $0


Price Ratio

Days To Sell


%

%

3

2

67

$701,500

$350,750

106

10

27

%

%

-33

-100

-100

-74

%

%

%

%

%

%

29

31

107

$32,421,900

$1,045,868

93

167

%

%

38

21

55

$16,596,682

$790,318

91

171

%

%

-24

48

95

32

-2

%

%

%

%

%

Revenue - Duplex/TriplexUnits Listed 6

Units Sold 6

Sell/List Ratio 100



Price Ratio 108

Days To Sell 10


%

%

5

5

100

$5,931,567

$1,186,313

100

27

14

%

%

20

20

34

12

-65

-64

%

%

%

%

%

%

89

54

61

$64,751,296

$1,199,098

101

20

%

%

51

31

61

$31,922,017

$1,029,742

97

40

%

%

75

74

103

16

-51

%

%

%

%

%

Revenue - Multi UnitsUnits Listed 4

Units Sold 4

Sell/List Ratio 100



Price Ratio 98

Days To Sell 52


%

%

2

1

50

$2,300,000

$2,300,000

96

42

19

%

%

100

300

181

-30

24

11

%

%

%

%

%

%

63

32

51

$80,782,500

$2,524,453

96

76

%

%

39

10

26

$16,100,000

$1,610,000

93

75

%

%

62

220

402

57

2

%

%

%

%

%



October 2021

Current Month


Year To Date



Revenue - Apartment BlockUnits Listed 0

Units Sold 0

Sell/List Ratio

Sales Dollars $0


Price Ratio

Days To Sell


%

%

0

0

$0

0

%

%

%

%

%

%

%

%

0

0

$0

%

%

9

3

33

$8,498,900

$2,832,967

93

128

%

%

-100

-100

-100

%

%

%

%

%

Revenue - CommercialUnits Listed 14

Units Sold 6

Sell/List Ratio 43



Price Ratio 96

Days To Sell 37


%

%

8

3

38

$2,985,000

$995,000

96

49

53

%

%

75

100

71

-15

-24

-36

%

%

%

%

%

%

84

35

42

$36,829,296

$1,052,266

96

100

%

%

84

17

20

$17,379,450

$1,022,321

97

75

%

%

0

106

112

3

33

%

%

%

%

%

Revenue - IndustrialUnits Listed 5

Units Sold 0

Sell/List Ratio

Sales Dollars $0


Price Ratio

Days To Sell


%

%

0

1

$650,000

$650,000

98

59

8

%

%

-100

-100

113

%

%

%

%

%

%

31

14

45

$20,446,868

$1,460,491

98

80

%

%

8

6

75

$3,615,200

$602,533

99

95

%

%

288

133

466

142

-15

%

%

%

%

%

Business with Land & BuildingUnits Listed 1

Units Sold 0

Sell/List Ratio

Sales Dollars $0


Price Ratio

Days To Sell


%

%

1

1

100

$1,050,000

$1,050,000

91

248

7

%

%

0

-100

-100

-57

%

%

%

%

%

%

7

2

29

$3,403,186

$1,701,593

85

142

%

%

43

20

47

$33,678,992

$1,683,950

91

157

%

%

-84

-90

-90

1

-10

%

%

%

%

%



October 2021

Current Month


Year To Date



Business OnlyUnits Listed 9

Units Sold 0

Sell/List Ratio

Sales Dollars $0


Price Ratio

Days To Sell


%

%

4

1

25

$50,000

$50,000

85

127

35

%

%

125

-100

-100

43

%

%

%

%

%

%

85

14

16

$3,256,500

$232,607

92

167

%

%

86

18

21

$1,383,000

$76,833

76

114

%

%

-1

-22

135

203

46

%

%

%

%

%

Motel/HotelUnits Listed 0

Units Sold 0

Sell/List Ratio

Sales Dollars $0


Price Ratio

Days To Sell


%

%

0

0

$0

0

%

%

%

%

%

%

%

%

0

0

$0

%

%

2

0

0

$0

%

%

-100 %

%

%

%

%

Lease - OfficeUnits Listed 15

Units Sold 1

Sell/List Ratio 7

Sales Dollars $17

Average Price / Unit $17

Price Ratio 100

Days To Sell 167


%

%

10

4

40

$60

$15

97

99

79

%

%

50

-75

-72

14

68

-33

%

%

%

%

%

%

92

18

20

$2,078

$115

97

143

%

%

90

9

10

$146

$16

133

172

%

%

2

100

1326

613

-17

%

%

%

%

%

Lease - RetailUnits Listed 9

Units Sold 2

Sell/List Ratio 22

Sales Dollars $345,014


Price Ratio 86

Days To Sell 102


%

%

8

1

13

$30

$30

109

106

43

%

%

13

100

1149947

574923

-4

-30

%

%

%

%

%

%

62

23

37

$353,765

$15,381

86

138

%

%

57

16

28

$2,038

$127

109

184

%

%

9

44

17258

11975

-25

%

%

%

%

%



October 2021

Current Month


Year To Date



Lease - WarehouseUnits Listed 0

Units Sold 0

Sell/List Ratio

Sales Dollars $0


Price Ratio

Days To Sell


%

%

0

0

$0

0

%

%

%

%

%

%

%

%

0

0

$0

%

%

1

0

0

$0

%

%

-100 %

%

%

%

%

Lease - IndustrialUnits Listed 1

Units Sold 0

Sell/List Ratio

Sales Dollars $0


Price Ratio

Days To Sell


%

%

2

1

50

$11

$11

79

277

6

%

%

-50

-100

-100

-33

%

%

%

%

%

%

15

3

20

$49

$16

100

45

%

%

5

2

40

$25

$13

94

291

%

%

200

50

91

27

-85

%

%

%

%

%

Lease - OtherUnits Listed 3

Units Sold 0

Sell/List Ratio

Sales Dollars $0


Price Ratio

Days To Sell


%

%

1

0

$0

2

%

%

200

150

%

%

%

%

%

%

8

2

25

$2,890,603

$1,445,302

7606850

95

%

%

52

2

4

$30

$15

61

%

%

-85

0

9635243

9635243

55

%

%

%

%

%

Commercial LandUnits Listed 4

Units Sold 0

Sell/List Ratio

Sales Dollars $0


Price Ratio

Days To Sell


%

%

2

1

50

$4,475,000

$4,475,000

99

252

11

%

%

100

-100

-100

27

%

%

%

%

%

%

20

8

40

$15,337,500

$1,917,188

94

248

%

%

31

1

3

$4,475,000

$4,475,000

99

362

%

%

-35

700

243

-57

-32

%

%

%

%

%



October 2021

Current Month


Year To Date



Units Listed 866

Units Sold 745

Sell/List Ratio 86



Price Ratio 102

Days To Sell 26


%

%

Grand Totals

1162

990

85

$771,455,509

$779,248

99

41

2122

%

%

-25

-25

-7

24

-36

-51

%

%

%

%

%

%

11111

8961

81

$7,891,650,951

$880,666

102

29

%

%

11473

7071

62

$5,429,851,509

$767,904

98

46

%

%

-3

27

45

15

-37

%

%

%

%

%


president directors david langlois sheila aujla president

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