April 26 Week Ending Stats

Inventory is continuing to rise, however, not at the pace that it was in March. According to this realtor's website, there are currently 4070 active listings in Greater Victoria. This is around 200 more than at the end of March. In comparison, the month of March saw an increase of around 350 listings on their website.

Today, there are 137 more SFH listings on MLS than on the 29th of March. The greatest increase in listings has been for SFH priced higher than $700k. There have been comments on the incredible number of listings with asking prices higher than $1 million. Today, there are 248 of such listings. Crazy!

There are 20 more townhomes listed today than there were on March 29. The number of condos listed is basically unchanged.

I have to pick on this one $1 million+ listings. MLS#240724. Seriously, what are these people smoking? $1049000 for this POS? Yeah right!