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May 2021 Market Update

Tuesday, May 4, 2021   /   by Curtis Singh

May 2021 Market Update

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Benchmark value for a single-family home in Greater Victoria in April 2020 was $775,900. The benchmark value for the same home in April 2021 increased by 15.7% to $897,600, a 3.3% increase from the previous month of March. 

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Benchmark value for a condominium in Greater Victoria in April 2020 was $521,400. The benchmark value for the same condominium in April 2021 increased by 3.6% to $540,400, a 3.6% increase from the previous month of March.

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Benchmark value for a townhouse in Greater Victoria in April 2020 was $597,000. The benchmark value for the same townhouse in April 2021 increased by 12.2% to $669,900, a 3.9% increase from the previous month of March.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole,or in part, is specifically forbidden. May 11, 2021
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