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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.