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Posts tagged ‘Median’

Sooke Real Estate Statistics – Now With 100% More HPI!

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Evening Street Scene in Sunriver Estates, Sooke

In November of last year, the Victoria Real Estate Board released its MLS® Housing Price Index, or HPI. This is a statistical measurement that paints a more accurate picture of housing prices, by examining sale prices each month and using a data model to scrub outliers from the data set. Simply put, it is more realistic because it goes beyond the simple mathematic measures of average and median. Keep reading to learn more. Read more

Sooke Real Estate Sales Statistics – January 2012

Where did January go? A fun start to the new year, a short trip to New York, and a couple of snow days and all of a sudden it was February! I’m going to try to keep track of statistics for Sooke at the end of each month and post them here so you can follow along. Along with the numbers, I’ll give you my opinion of what the vibe is like in the market and what the other REALTORS® are saying. Read more

Record prices, Sales up from 2006 – Victoria MLS® Statistics November 2007

As expected, the surprisingly busy November numbers reflect a continued strong market.

 

December 3, 2007

The Victoria area real estate market continued to show exceptional strength last month with strong sales and record average prices for single family homes and townhomes. There were 623 sales through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) in November, up from the 571 sales in the same month a year ago. There were 708 sales in October of this year.

Victoria Real Estate Board President, Bev McIvor, noted that 16 sales of over $1 million pushed the average price of single family homes in Greater Victoria to a new record high of $596,586. “As always, it’s important to note that high end sales have a significant impact on the average price and that the median, or mid-range price, was considerably lower at $510,000.” McIvor noted there were also three sales over $1 million on the Gulf Islands last month and that the average price of all townhomes sold also reached a new record high of $473,758. “The high demand and robust prices show continued strong consumer confidence in the market,” added McIvor.

The six-month average for single family homes was $576,230. The average price of all condominiums sold in November was $311,844; the average for the last six months was $324,255. The median was again lower at $292,000. The six month average of all townhomes sold last month was $411,262. The median price was $421,750.

MLS® sales last month included 335 single family homes, 179 condominiums, 63 townhomes and 14 manufactured homes.

There were 3,196 properties listed for sale on the MLS® system at the end of last month, up slightly from the 3,158 properties in the same month a year ago.

Summary Report and Graphs

Monthly Sales Summary
Average Selling Price Graphs
Active Listings, New Listings and Sales Graphs

Tim Ayres