A review of current Real Estate Trends and Statistics in Victoria BC

1. March 1, 2011
Real Estate Sales Increase in February
The number of property sales throughout Greater Victoria rose in February. Prices remained mixed while the
number of properties available for sale also rose. A total of 488 homes and other properties sold in February
through the Victoria Real Estate Board’s Multiple listing Service® (MLS®), up from the 339 sales in January.
There were 621 sales in February of last year.
Victoria Real Estate Board President, Dennis Fimrite, commented that the increase in February was not
unexpected, “It is common to see the market pick up following the December – January holiday period and last
month’s significant increase in sales along with relatively stable prices demonstrates ongoing confidence in the
market by both buyers and sellers.” Fimrite added that although February’s sales were below the sales totals for
February of a year ago, the beginning of 2010 was marked by an unusually strong market that softened as the
year progressed. He noted that inventory levels also rose in February, “There were 3,714 properties available for
sale at the end of February – up from 3,283 properties available at the end of January. Inventory levels are
currently 13 per cent higher than a year ago.”
Fimrite added that despite ongoing concerns about affordability, it’s important to note that a substantial number
of homes are selling in the mid-priced range, “Nearly half of the single family homes that sold last month went for
under $550,000 while 46 per cent of condominiums last month sold for under $275,000.”
The average price for single-family homes sold in Greater Victoria last month was $610,975 up from $603,401 in
January. The median price, however, declined to $564,950. The six-month average rose slightly to $623,389.
There were 14 single family home sales of over $1 million in February including one on the Gulf Islands. The
overall average price for condominiums was $323,844 last month, up slightly $323,002 in January. The average
for the last six months also rose slightly to $320,717. The median price for condominiums in February, however,
declined to $285,444. The average price of all townhomes sold last month declined to $415,591 from $447,792 in
January. The median price also declined to $393,000 while the six month average declined slightly to $432,194.
MLS® sales last month included 264 single family homes, 134 condominiums, 52 townhomes and 17
manufactured homes.
- 30 -
While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six
months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any
particular property. Those requiring specific information on property values should contact a REALTOR®.
FOR MORE INFORMATION, CONTACT Michael Sampson 3035 Nanaimo St., Victoria, BC V8T 4W2
Manager, Communications Telephone (250) 385 7766
& Professional Standards Facsimile (250) 385 8773
msampson@vreb.org
www.vreb.org

2. Monthly Sales Summary February 2011
Tuesday, March 1, 2011
Region Units Total Volume Average 6 Month Median
District Price Average Price
Residential
z Single Family
Greater Victoria
Victoria 33 $21,206,900 $642,633 $594,861 $581,000
Victoria West 1 $498,000 $498,000 $418,006 $498,000
Oak Bay 14 $11,427,400 $816,243 $845,396 $742,950
Esquimalt 10 $4,978,000 $497,800 $475,201 $504,000
View Royal 5 $2,349,900 $469,980 $575,406 $499,900
Saanich East 49 $32,291,350 $659,007 $670,344 $640,000
Saanich West 27 $16,108,250 $596,602 $566,016 $524,000
Central Saanich 15 $8,737,400 $582,493 $655,524 $575,000
North Saanich 8 $5,851,500 $731,438 $741,738 $681,250
Sidney 8 $3,560,555 $445,069 $480,922 $446,500
Highlands 1 $564,600 $564,600 $717,325 $564,600
Colwood 14 $7,138,300 $509,879 $522,001 $490,000
Langford 37 $18,826,950 $508,836 $511,264 $489,000
Metchosin 2 $1,500,000 $750,000 $630,708 $750,000
Sooke 15 $6,716,800 $447,787 $414,849 $429,900
Waterfront (all districts) 9 $9,766,000 $1,085,111 $1,345,498 $944,000
Total Greater Victoria 248 $151,521,905 $610,975 $623,389 $564,950
Other Areas
Shawnigan Lake / Malahat 5 $2,235,000 $447,000 $412,488 $437,500
Gulf Islands 5 $2,510,000 $502,000 $463,555 $436,000
UpIsland / Mainland 5 $3,046,710 $609,342 $606,748 $668,710
Waterfront (all districts) 1 $1,825,000 $1,825,000 $859,377 $1,825,000
Total Other Areas 16 $9,616,710 $601,044 $547,121 $463,000
Total Single Family 264 $161,138,615 $610,374 $615,913 $564,750
z Condominium
Greater Victoria
Victoria 65 $22,238,443 $342,130 $304,711 $287,444
Victoria West 2 ($229,900) ($114,950) $397,589 $350,000
Oak Bay 5 $1,838,000 $367,600 $384,536 $385,000
Esquimalt 8 $2,152,000 $269,000 $267,686 $242,000
View Royal 1 $240,147 $240,147 $268,598 $240,147
Saanich East 18 $5,335,800 $296,433 $268,939 $276,000
Saanich West 6 $1,232,200 $205,367 $249,677 $265,250
Central Saanich 4 $1,444,900 $361,225 $327,144 $362,000
Sidney 4 $1,147,000 $286,750 $312,537 $305,000
Colwood 1 $259,000 $259,000 $264,762 $259,000
Langford 16 $4,843,500 $302,719 $285,544 $265,000
Sooke -1 ($310,000) ($310,000) ($146,900)
Waterfront (all districts) 5 $3,204,000 $640,800 $543,465 $395,000
Total Greater Victoria 134 $43,395,090 $323,844 $320,717 $285,444
Total Condominium 134 $43,395,090 $323,844 $320,717 $285,444
Victoria Real Estate Board Multiple Listing Service ® 1

3. Monthly Sales Summary February 2011
Tuesday, March 1, 2011
Region Units Total Volume Average 6 Month Median
District Price Average Price
z Townhouse
Greater Victoria
Victoria 10 $4,264,900 $426,490 $484,108 $396,500
Victoria West 1 $297,000 $297,000 $426,812 $297,000
Oak Bay 1 $534,000 $534,000 $552,833 $534,000
Esquimalt 2 $781,500 $390,750 $375,000 $390,750
View Royal 6 $2,161,800 $360,300 $386,665 $340,450
Saanich East 8 $4,291,215 $536,402 $504,388 $535,500
Saanich West 3 $1,005,000 $335,000 $392,815 $350,000
Central Saanich 6 $2,372,100 $395,350 $359,975 $378,100
North Saanich 1 $490,500 $490,500 $510,900 $490,500
Sidney 4 $1,420,000 $355,000 $380,367 $337,250
Colwood 6 $2,798,900 $466,483 $432,558 $475,950
Langford 3 $968,800 $322,933 $303,700 $334,900
Waterfront (all districts) 1 $225,000 $225,000 $497,908 $225,000
Total Greater Victoria 52 $21,610,715 $415,591 $433,709 $393,000
Total Townhouse 52 $21,610,715 $415,591 $432,194 $393,000
z Manufactured Homes
Greater Victoria
View Royal 4 $456,000 $114,000 $110,436 $112,000
Central Saanich 3 $604,000 $201,333 $144,340 $230,000
Sidney 1 $285,000 $285,000 $270,700 $285,000
Langford 2 $225,900 $112,950 $114,218 $112,950
Metchosin 1 $38,000 $38,000 $38,000 $38,000
Sooke 3 $241,500 $80,500 $100,367 $25,000
Waterfront (all districts) 1 $138,000 $138,000 $167,333 $138,000
Total Greater Victoria 15 $1,988,400 $132,560 $158,404 $135,900
Other Areas
Shawnigan Lake / Malahat 2 $488,000 $244,000 $192,000 $244,000
Total Other Areas 2 $488,000 $244,000 $161,093 $244,000
Total Manufactured Homes 17 $2,476,400 $145,671 $158,852 $135,900
Total Residential 467 $228,620,820
Victoria Real Estate Board Multiple Listing Service ® 2

4. Monthly Sales Summary February 2011
Tuesday, March 1, 2011
Region Units Total Volume Average 6 Month Median
District Price Average Price
Other Property
z Lots & Acreage (Incl Wtrfrnt)
Greater Victoria
Saanich East 1 $838,000 $838,000 $601,962 $838,000
Central Saanich 1 $675,000 $675,000 $448,750 $675,000
North Saanich 1 $365,000 $365,000 $375,000 $365,000
Colwood 1 $222,500 $222,500 $861,250 $222,500
Langford 1 $235,000 $235,000 $442,556 $235,000
Sooke 7 $2,865,500 $409,357 $175,015 $164,500
Total Greater Victoria 12 $5,201,000 $433,417 $431,768 $222,500
Other Areas
Gulf Islands 4 $2,829,000 $707,250 $371,417 $440,000
UpIsland / Mainland -1 ($430,500) ($430,500) $330,030
Total Other Areas 3 $2,398,500 $799,500 $388,625 $440,000
Total Lots & Acreage (Incl Wtrfrnt) 15 $7,599,500 $506,633 $418,175 $340,000
z Other Commercial Properties 6 $3,084,024 $514,004
Grand Totals 488 $239,304,344
Victoria Real Estate Board Multiple Listing Service ® 3

5. $250,000
$275,000
$300,000
$325,000
$350,000
$375,000
$400,000
$325,000
$350,000
$375,000
$400,000
$425,000
$450,000
$475,000
$500,000
$500,000
$525,000
$550,000
$575,000
$600,000
$625,000
$650,000
$675,000
Feb 2009 Feb 2009 Feb 2009
Mar 2009 Mar 2009 Mar 2009
Tuesday, March 01, 2011
Apr 2009 Apr 2009 Apr 2009
May 2009 May 2009 May 2009
Jun 2009 Jun 2009 Jun 2009
Jul 2009 Jul 2009
Average Selling Prices
Jul 2009
Aug 2009 Aug 2009 Aug 2009
Sep 2009 Sep 2009 Sep 2009
Oct 2009 Oct 2009 Oct 2009
Nov 2009 Nov 2009 Nov 2009
Dec 2009 Dec 2009 Dec 2009
Jan 2010 Jan 2010 Jan 2010
Feb 2010 Feb 2010 Feb 2010
Mar 2010 Mar 2010 Mar 2010
Apr 2010 Apr 2010
Townhomes (All Areas)
Apr 2010
Condominiums (All Areas)
May 2010 May 2010
Victoria Real Estate Board Multiple Listing Service ®
May 2010
Jun 2010 Jun 2010 Jun 2010
Jul 2010 Jul 2010
Single Family Homes (Greater Victoria Only)
Jul 2010
Aug 2010 Aug 2010 Aug 2010
Sep 2010 Sep 2010 Sep 2010
Oct 2010 Oct 2010
Oct 2010
Nov 2010 Nov 2010
Nov 2010
Dec 2010 Dec 2010
Dec 2010
Jan 2011 Jan 2011
Jan 2011
Feb 2011 Feb 2011
Feb 2011
February 2011

6. 200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2,500
2,700
2,900
3,100
3,300
3,500
3,700
3,900
4,100
4,300
4,500
4,700
4,900
Feb 2009 Feb 2009
Mar 2009 Mar 2009
Apr 2009 Apr 2009
Tuesday, March 01, 2011
May 2009 May 2009
Jun 2009 Jun 2009
Jul 2009 Jul 2009
Aug 2009 Aug 2009
Sep 2009 Sep 2009
Oct 2009 Oct 2009
Nov 2009 Nov 2009
Dec 2009 Dec 2009
Listings
Jan 2010 Jan 2010
Active Listings, New Listings and Sales
Feb 2010 Feb 2010
Mar 2010 Mar 2010
Sales
Apr 2010 Apr 2010
Total Active MLS® Listings
May 2010 May 2010
Victoria Real Estate Board Multiple Listing Service ®
Jun 2010 Jun 2010
Jul 2010 Total New MLS® Listings and Total MLS® Sales Jul 2010
Aug 2010 Aug 2010
Sep 2010 Sep 2010
Oct 2010 Oct 2010
Nov 2010 Nov 2010
Dec 2010 Dec 2010
Jan 2011 Jan 2011
Feb 2011 Feb 2011
February 2011

7. Monthly Comparative Activity By Property Type February 2011
Tuesday, March 01, 2011
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Single Family - Residential
Units Listed 545 546 0 % 957 965 -1 %
Units Sold 224 255 -12 % 376 441 -15 %
Sell/List Ratio 41 % 47 % 39 % 46 %
Sales Dollars $130,767,115 $151,709,406 -14 % $221,034,417 $263,427,331 -16 %
Average Price / Unit $583,782 $594,939 -2 % $587,857 $597,341 -2 %
Price Ratio 98 % 99 % 98 % 99 %
Days To Sell 51 34 50 % 59 40 49 %
Active Listings at Month End 1093 839 30 %
Single Family - Residential Waterfront
Units Listed 39 78 -50 % 78 117 -33 %
Units Sold 10 11 -9 % 17 19 -11 %
Sell/List Ratio 26 % 14 % 22 % 16 %
Sales Dollars $11,591,000 $11,103,000 4 % $18,809,036 $21,200,000 -11 %
Average Price / Unit $1,159,100 $1,009,364 15 % $1,106,414 $1,115,789 -1 %
Price Ratio 91 % 97 % 91 % 94 %
Days To Sell 126 66 93 % 147 111 32 %
Active Listings at Month End 211 235 -10 %
Single Family - Residential Acreage
Units Listed 56 65 -14 % 112 126 -11 %
Units Sold 19 17 12 % 32 34 -6 %
Sell/List Ratio 34 % 26 % 29 % 27 %
Sales Dollars $12,910,600 $13,002,350 -1 % $19,531,100 $26,200,850 -25 %
Average Price / Unit $679,505 $764,844 -11 % $610,347 $770,613 -21 %
Price Ratio 96 % 96 % 98 % 95 %
Days To Sell 124 82 51 % 114 98 16 %
Active Listings at Month End 251 216 16 %
Condominium
Units Listed 351 401 -12 % 690 748 -8 %
Units Sold 134 192 -30 % 224 304 -26 %
Sell/List Ratio 38 % 48 % 32 % 41 %
Sales Dollars $43,395,090 $58,399,233 -26 % $72,465,268 $93,493,032 -22 %
Average Price / Unit $323,844 $304,163 6 % $323,506 $307,543 5 %
Price Ratio 96 % 98 % 96 % 98 %
Days To Sell 62 45 40 % 65 46 41 %
Active Listings at Month End 922 814 13 %
Victoria Real Estate Board Multiple Listing Service ® 1

8. Monthly Comparative Activity By Property Type February 2011
Tuesday, March 01, 2011
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Townhouse
Units Listed 125 142 -12 % 257 245 5 %
Units Sold 52 78 -33 % 90 124 -27 %
Sell/List Ratio 42 % 55 % 35 % 51 %
Sales Dollars $21,610,715 $35,950,188 -40 % $38,544,589 $56,788,764 -32 %
Average Price / Unit $415,591 $460,900 -10 % $428,273 $457,974 -6 %
Price Ratio 98 % 99 % 98 % 99 %
Days To Sell 60 52 16 % 68 46 48 %
Active Listings at Month End 342 232 47 %
Strata Duplex (Up and Down)
Units Listed 3 0 % 5 1 400 %
Units Sold 2 0 % 3 0 %
Sell/List Ratio 67 % % 60 % 0 %
Sales Dollars $1,071,000 $0 % $1,421,000 $0 %
Average Price / Unit $535,500 % $473,667 %
Price Ratio 102 % % 101 % %
Days To Sell 26 % 28 %
Active Listings at Month End 3 3 0 %
Strata Duplex (Side by Side)
Units Listed 14 20 -30 % 25 27 -7 %
Units Sold 2 7 -71 % 6 12 -50 %
Sell/List Ratio 14 % 35 % 24 % 44 %
Sales Dollars $990,900 $3,124,900 -68 % $2,814,400 $5,590,400 -50 %
Average Price / Unit $495,450 $446,414 11 % $469,067 $465,867 1 %
Price Ratio 99 % 97 % 95 % 97 %
Days To Sell 21 59 -64 % 39 49 -21 %
Active Listings at Month End 27 21 29 %
Strata Duplex (Front and Back)
Units Listed 7 7 0 % 14 10 40 %
Units Sold 4 1 300 % 6 3 100 %
Sell/List Ratio 57 % 14 % 43 % 30 %
Sales Dollars $1,773,000 $417,500 325 % $2,419,500 $1,297,000 87 %
Average Price / Unit $443,250 $417,500 6 % $403,250 $432,333 -7 %
Price Ratio 99 % 99 % 98 % 99 %
Days To Sell 39 10 293 % 76 40 92 %
Active Listings at Month End 11 11 0 %
Victoria Real Estate Board Multiple Listing Service ® 2

9. Monthly Comparative Activity By Property Type February 2011
Tuesday, March 01, 2011
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Recreational
Units Listed 1 2 -50 % 2 5 -60 %
Units Sold 0 0 % 0 0 %
Sell/List Ratio 0 % 0 % 0 % 0 %
Sales Dollars $0 $0 % $0 $0 %
Average Price / Unit % %
Price Ratio % % % %
Days To Sell % %
Active Listings at Month End 7 14 -50 %
Manufactured Home
Units Listed 28 21 33 % 59 50 18 %
Units Sold 17 14 21 % 28 22 27 %
Sell/List Ratio 61 % 67 % 47 % 44 %
Sales Dollars $2,476,400 $2,049,800 21 % $3,927,900 $2,794,000 41 %
Average Price / Unit $145,671 $146,414 -1 % $140,282 $127,000 10 %
Price Ratio 94 % 95 % 94 % 95 %
Days To Sell 52 102 -49 % 88 116 -24 %
Active Listings at Month End 98 79 24 %
Residential Lots
Units Listed 31 43 -28 % 52 82 -37 %
Units Sold 3 24 -88 % 8 37 -78 %
Sell/List Ratio 10 % 56 % 15 % 45 %
Sales Dollars $1,495,500 $7,557,150 -80 % $4,815,500 $12,223,700 -61 %
Average Price / Unit $498,500 $314,881 58 % $601,938 $330,370 82 %
Price Ratio 98 % 93 % 98 % 94 %
Days To Sell 176 161 10 % 131 159 -17 %
Active Listings at Month End 158 188 -16 %
Residential Lots - Waterfront
Units Listed 7 11 -36 % 20 25 -20 %
Units Sold -1 0 % -1 4 -125 %
Sell/List Ratio -14 % 0 % -5 % 16 %
Sales Dollars -$430,500 $0 % -$430,500 $1,424,000 -130 %
Average Price / Unit $430,500 % $430,500 $356,000 21 %
Price Ratio 105 % % 105 % 96 %
Days To Sell % 54 %
Active Listings at Month End 41 46 -11 %
Victoria Real Estate Board Multiple Listing Service ® 3

10. Monthly Comparative Activity By Property Type February 2011
Tuesday, March 01, 2011
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Residential Acreage
Units Listed 22 28 -21 % 39 88 -56 %
Units Sold 11 8 38 % 18 12 50 %
Sell/List Ratio 50 % 29 % 46 % 14 %
Sales Dollars $4,434,500 $2,785,250 59 % $9,544,500 $3,801,625 151 %
Average Price / Unit $403,136 $348,156 16 % $530,250 $316,802 67 %
Price Ratio 85 % 91 % 86 % 92 %
Days To Sell 204 203 1 % 210 171 22 %
Active Listings at Month End 163 208 -22 %
Residential Acreage - Waterfront
Units Listed 4 18 -78 % 13 40 -68 %
Units Sold 2 0 % 3 0 %
Sell/List Ratio 50 % 0 % 23 % 0 %
Sales Dollars $2,100,000 $0 % $2,805,000 $0 %
Average Price / Unit $1,050,000 % $935,000 %
Price Ratio 80 % % 82 % %
Days To Sell 252 % 170 %
Active Listings at Month End 50 64 -22 %
Revenue - Duplex/Triplex
Units Listed 3 5 -40 % 5 10 -50 %
Units Sold 3 5 -40 % 3 7 -57 %
Sell/List Ratio 100 % 100 % 60 % 70 %
Sales Dollars $2,035,000 $2,902,500 -30 % $2,035,000 $4,540,000 -55 %
Average Price / Unit $678,333 $580,500 17 % $678,333 $648,571 5 %
Price Ratio 96 % 95 % 96 % 95 %
Days To Sell 140 42 233 % 140 51 172 %
Active Listings at Month End 8 9 -11 %
Revenue - Multi Units
Units Listed 2 4 -50 % 5 5 0 %
Units Sold 2 1 100 % 3 1 200 %
Sell/List Ratio 100 % 25 % 60 % 20 %
Sales Dollars $1,644,000 $945,000 74 % $2,419,000 $945,000 156 %
Average Price / Unit $822,000 $945,000 -13 % $806,333 $945,000 -15 %
Price Ratio 122 % 95 % 113 % 95 %
Days To Sell 175 50 249 % 159 50 219 %
Active Listings at Month End 8 7 14 %
Victoria Real Estate Board Multiple Listing Service ® 4

11. Monthly Comparative Activity By Property Type February 2011
Tuesday, March 01, 2011
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Revenue - Apartment Block
Units Listed 0 2 -100 % 0 3 -100 %
Units Sold 0 0 % 0 0 %
Sell/List Ratio % 0 % % 0 %
Sales Dollars $0 $0 % $0 $0 %
Average Price / Unit % %
Price Ratio % % % %
Days To Sell % %
Active Listings at Month End 0 5 -100 %
Revenue - Commercial
Units Listed 2 12 -83 % 11 23 -52 %
Units Sold 2 2 0 % 1 3 -67 %
Sell/List Ratio 100 % 17 % 9 % 13 %
Sales Dollars $555,000 $1,275,000 -56 % $549,000 $1,485,000 -63 %
Average Price / Unit $277,500 $637,500 -56 % $549,000 $495,000 11 %
Price Ratio 98 % 94 % 96 % 94 %
Days To Sell 31 114 -73 % 40 104 -61 %
Active Listings at Month End 37 35 6 %
Revenue - Industrial
Units Listed 0 1 -100 % 0 1 -100 %
Units Sold 0 0 % 0 1 -100 %
Sell/List Ratio % 0 % % 100 %
Sales Dollars $0 $0 % $0 $279,000 -100 %
Average Price / Unit % $279,000 %
Price Ratio % % % 100 %
Days To Sell % 68 %
Active Listings at Month End 0 1 -100 %
Business with Land & Building
Units Listed 14 10 40 % 32 15 113 %
Units Sold 2 2 0 % 2 4 -50 %
Sell/List Ratio 14 % 20 % 6 % 27 %
Sales Dollars $1,035,010 $374,500 176 % $1,035,010 $1,569,500 -34 %
Average Price / Unit $517,505 $187,250 176 % $517,505 $392,375 32 %
Price Ratio 84 % 96 % 84 % 97 %
Days To Sell 132 123 7 % 132 91 45 %
Active Listings at Month End 67 35 91 %
Victoria Real Estate Board Multiple Listing Service ® 5

12. Monthly Comparative Activity By Property Type February 2011
Tuesday, March 01, 2011
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Business Only
Units Listed 7 16 -56 % 26 30 -13 %
Units Sold -1 2 -150 % 0 4 -100 %
Sell/List Ratio -14 % 13 % 0 % 13 %
Sales Dollars -$150,000 $90,000 -267 % $140,000 $1,727,820 -92 %
Average Price / Unit $150,000 $45,000 233 % $431,955 %
Price Ratio 118 % 54 % 83 % 87 %
Days To Sell 128 % 189 171 11 %
Active Listings at Month End 64 69 -7 %
Motel/Hotel
Units Listed 0 4 -100 % 3 5 -40 %
Units Sold 0 0 % 1 1 0 %
Sell/List Ratio % 0 % 33 % 20 %
Sales Dollars $0 $0 % $2,300,008 $837,500 175 %
Average Price / Unit % $2,300,008 $837,500 175 %
Price Ratio % % 107 % 93 %
Days To Sell % 454 47 866 %
Active Listings at Month End 11 10 10 %
Lease - Office
Units Listed 5 7 -29 % 10 16 -38 %
Units Sold 0 0 % 1 0 %
Sell/List Ratio 0 % 0 % 10 % 0 %
Sales Dollars $0 $0 % $11 $0 %
Average Price / Unit % $11 %
Price Ratio % % % %
Days To Sell % 297 %
Active Listings at Month End 27 24 13 %
Lease - Retail
Units Listed 2 7 -71 % 10 15 -33 %
Units Sold 1 0 % 3 2 50 %
Sell/List Ratio 50 % 0 % 30 % 13 %
Sales Dollars $14 $0 % $53 $39 34 %
Average Price / Unit $14 % $18 $20 -11 %
Price Ratio % % % %
Days To Sell 138 % 131 113 16 %
Active Listings at Month End 30 35 -14 %
Victoria Real Estate Board Multiple Listing Service ® 6

13. Monthly Comparative Activity By Property Type February 2011
Tuesday, March 01, 2011
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Lease - Warehouse
Units Listed 0 0 % 0 0 %
Units Sold 0 0 % 0 0 %
Sell/List Ratio % % % %
Sales Dollars $0 $0 % $0 $0 %
Average Price / Unit % %
Price Ratio % % % %
Days To Sell % %
Active Listings at Month End 0 0 %
Lease - Industrial
Units Listed 0 2 -100 % 0 2 -100 %
Units Sold 0 0 % 0 0 %
Sell/List Ratio % 0 % % 0 %
Sales Dollars $0 $0 % $0 $0 %
Average Price / Unit % %
Price Ratio % % % %
Days To Sell % %
Active Listings at Month End 0 3 -100 %
Lease - Other
Units Listed 8 6 33 % 33 12 175 %
Units Sold 0 0 % 0 0 %
Sell/List Ratio 0 % 0 % 0 % 0 %
Sales Dollars $0 $0 % $0 $0 %
Average Price / Unit % %
Price Ratio % % % %
Days To Sell % %
Active Listings at Month End 53 44 20 %
Commercial Land
Units Listed 0 2 -100 % 5 5 0 %
Units Sold 0 2 -100 % 3 4 -25 %
Sell/List Ratio % 100 % 60 % 80 %
Sales Dollars $0 $1,550,010 -100 % $3,010 $5,205,010 -100 %
Average Price / Unit $775,005 % $1,003 $1,301,253 -100 %
Price Ratio % 78 % % 93 %
Days To Sell 198 % 405 239 70 %
Active Listings at Month End 32 33 -3 %
Victoria Real Estate Board Multiple Listing Service ® 7

14. Monthly Comparative Activity By Property Type February 2011
Tuesday, March 01, 2011
Current Month Year To Date
This Year Last Year % Change This Year Last Year % Change
Grand Totals
Units Listed 1276 1460 -13 % 2463 2671 -8 %
Units Sold 488 621 -21 % 827 1039 -20 %
Sell/List Ratio 38 % 43 % 34 % 39 %
Sales Dollars $239,304,344 $293,235,787 -18 % $406,182,801 $504,829,571 -20 %
Average Price / Unit $490,378 $472,199 4 % $491,152 $485,880 1 %
Price Ratio 97 % 98 % 97 % 98 %
Days To Sell 66 52 27 % 74 55 35 %
Active Listings at Month End 3714 3280 13 %
Victoria Real Estate Board Multiple Listing Service ® 8

15. Reported Sales By Price Range - Single Family February 2011
Tuesday, March 01, 2011
Price Ranges Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
Min Max CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD
10,000,000 -
9,000,000 - 9,999,999
8,000,000 - 8,999,999
7,000,000 - 7,999,999
6,000,000 - 6,999,999
5,000,000 - 5,999,999
4,500,000 - 4,999,999
4,000,000 - 4,499,999
3,500,000 - 3,999,999
3,000,000 - 3,499,999 -.2 -1
2,500,000 - 2,999,999
2,000,000 - 2,499,999
1,750,000 - 1,999,999 .8 .7 1 1 1 2
1,500,000 - 1,749,999 .8 .7 1 1 1 1 1
1,250,000 - 1,499,999 1.1 1.6 1 3 1 1 1 1 1 1
1,000,000 - 1,249,999 2.7 2.9 1 3 2 2 2 5 2 3
950,000 - 999,999 1.1 1.1 2 3 3
900,000 - 949,999 1.1 2.0 1 1 1 1 1 1 1 1 1 2 1
850,000 - 899,999 2.7 2.5 1 1 2 2 3 1 1 2 3 1 1
800,000 - 849,999 3.4 4.1 1 1 1 4 2 4 7 1 1 1 1 1 1 1
750,000 - 799,999 3.4 3.2 2 2 2 4 2 3 1 1 2 2 2
700,000 - 749,999 6.1 5.2 2 4 2 4 1 1 6 8 1 1 1 1 1 1 2 3
650,000 - 699,999 9.5 7.7 3 4 1 8 12 2 2 2 2 3 3 2 3 2 3 1 2 1 1 1 1
600,000 - 649,999 9.8 10.0 4 4 4 7 2 8 14 1 3 2 2 1 3 1 1 4 6 1 1 1
550,000 - 599,999 10.6 12.4 6 10 1 1 2 1 3 14 2 2 7 9 1 4 1 1 1 1 3 5 3 3 2
500,000 - 549,999 11.0 9.7 4 4 1 1 3 3 2 4 5 8 3 4 2 4 1 2 1 1 7 9 1 1 1
450,000 - 499,999 12.9 11.5 6 10 2 3 1 1 5 6 5 7 1 2 1 4 5 5 9 3 4 2 3
400,000 - 449,999 10.6 12.0 2 3 2 4 1 1 1 1 5 7 1 1 2 4 2 5 7 15 1 2 4 1 4 2 3
350,000 - 399,999 8.7 9.0 1 2 1 1 1 3 3 3 3 1 3 3 2 4 6 9 3 8 2 1 3
300,000 - 349,999 2.7 2.5 1 1 1 1 2 2 2 2 4 1 1
0 - 299,999 1.1 1.4 1 1 1 2 4
Total Units 264 442 34 54 14 28 11 18 5 11 51 87 29 39 16 23 9 17 8 12 1 2 14 22 39 62 2 6 15 27 6 17 10 17
Percentages 100 100 12.9 12.2 5.3 6.3 4.2 4.1 1.9 2.5 19.3 19.7 11.0 8.8 6.1 5.2 3.4 3.8 3.0 2.7 .4 .5 5.3 5.0 14.8 14.0 .8 1.4 5.7 6.1 2.3 3.8 3.8 3.8
Victoria Real Estate Board Multiple Listing Service ® 1

16. Reported Sales By Price Range - Condominium February 2011
Tuesday, March 01, 2011
Price Ranges Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
Min Max CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD
1,000,000 - .7 .9 1 1 1
975,000 - 999,999
950,000 - 974,999
925,000 - 949,999
900,000 - 924,999
875,000 - 899,999
850,000 - 874,999
825,000 - 849,999
800,000 - 824,999
775,000 - 799,999 1.5 .9 1 1 1 1
750,000 - 774,999 .7 .4 1 1
725,000 - 749,999 .7 .4 1 1
700,000 - 724,999
675,000 - 699,999 .7 .4 1 1
650,000 - 674,999
625,000 - 649,999 .4 1
600,000 - 624,999
575,000 - 599,999 1.3 1 1 1
550,000 - 574,999 .4 1
525,000 - 549,999 3.0 2.2 2 3 2 2
500,000 - 524,999 .7 .9 1 2
475,000 - 499,999 .7 .9 1 1 1
450,000 - 474,999 1.3 3
425,000 - 449,999 2.2 1.8 3 4
400,000 - 424,999 .7 .9 1 1 1 -1 -1 1 1
375,000 - 399,999 9.0 6.7 7 8 1 2 2 2 1 1 1 1 1
350,000 - 374,999 6.7 6.3 7 11 1 1 1 1 1
325,000 - 349,999 6.7 6.7 4 8 1 2 2 1 1 2 2 1
300,000 - 324,999 9.0 12.9 6 12 1 1 2 3 6 1 1 4 2 4 -1 -1
275,000 - 299,999 10.4 11.2 8 15 4 5 -1 -1 1 2 2 4
250,000 - 274,999 17.2 14.3 10 14 1 1 3 3 3 6 1 1 1 1 5 5
225,000 - 249,999 11.2 10.7 7 14 1 1 1 3 3 4 5
200,000 - 224,999 10.4 10.7 6 13 1 2 2 3 3 3 1 2 1 1
175,000 - 199,999 2.2 3.1 1 4 2 3
150,000 - 174,999 3.7 2.7 2 3 2 2 1 1
0 - 149,999 1.5 1.3 2 3
Total Units 134 224 71 127 5 8 8 12 1 1 18 21 7 14 4 5 4 13 1 1 16 23 -1 -1
Percentages 100 100 53.0 56.7 3.7 3.6 6.0 5.4 .7 .4 13.4 9.4 5.2 6.3 3.0 2.2 3.0 5.8 .7 .4 11.9 10.3 -.7 -.4
Victoria Real Estate Board Multiple Listing Service ® 2

17. Reported Sales By Price Range - Townhouse February 2011
Tuesday, March 01, 2011
Price Ranges Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
Min Max CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD
1,000,000 -
975,000 - 999,999
950,000 - 974,999
925,000 - 949,999
900,000 - 924,999
875,000 - 899,999
850,000 - 874,999
825,000 - 849,999 1.1 1
800,000 - 824,999
775,000 - 799,999
750,000 - 774,999
725,000 - 749,999 1.9 1.1 1 1
700,000 - 724,999
675,000 - 699,999 1.1 1
650,000 - 674,999 1.9 2.2 1 1 1
625,000 - 649,999 1.9 2.2 1 2
600,000 - 624,999 1.9 1.1 1 1
575,000 - 599,999 1.9 2.2 1 2
550,000 - 574,999
525,000 - 549,999 7.7 8.8 1 1 1 1 2 1 1 2 2
500,000 - 524,999 1.9 4.4 1 1 1 1 1
475,000 - 499,999 11.5 11.0 1 4 2 2 1 2 1 1 1 1
450,000 - 474,999 7.7 5.5 2 2 1 1 1 1 1
425,000 - 449,999 2.2 1 1
400,000 - 424,999 7.7 7.7 1 2 1 1 1 2 2 1
375,000 - 399,999 11.5 12.1 1 1 1 1 1 1 2 4 1 2 2
350,000 - 374,999 15.4 14.3 1 1 2 2 2 3 4 1 1 1 1 2
325,000 - 349,999 5.8 6.6 2 3 1 1 1 1
300,000 - 324,999 5.8 5.5 2 2 1 3
275,000 - 299,999 9.6 6.6 1 1 2 3 1 2 1 1 -1
250,000 - 274,999 1.9 2.2 1 1 1
225,000 - 249,999 1.9 1.1 1 1
200,000 - 224,999
175,000 - 199,999
150,000 - 174,999 1.9 1.1 1 1
0 - 149,999
Total Units 52 91 11 21 1 1 2 4 6 10 8 14 3 5 6 12 1 2 4 10 6 7 3 4 1 2 -1
Percentages 100 100 21.2 23.1 1.9 1.1 3.8 4.4 11.5 11.0 15.4 15.4 5.8 5.5 11.5 13.2 1.9 2.2 7.7 11.0 11.5 7.7 5.8 4.4 1.9 2.2 -1.1
Victoria Real Estate Board Multiple Listing Service ® 3

18. Reported Sales By Price Range - Manufactured Homes February 2011
Tuesday, March 01, 2011
Price Ranges Percentages Vic / VicW Oak Bay Esquimalt View Royal Saanich E Saanich W C Saanich N Saanich Sidney Highlands Colwood Langford Metchosin Sooke Gulf Is Other
Min Max CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD CM YTD
300,000 - 5.9 7.1 1 1 1
290,000 - 299,999
280,000 - 289,999 5.9 3.6 1 1
270,000 - 279,999
260,000 - 269,999
250,000 - 259,999
240,000 - 249,999
230,000 - 239,999 11.8 10.7 2 2 1
220,000 - 229,999
210,000 - 219,999
200,000 - 209,999 5.9 3.6 1 1
190,000 - 199,999
180,000 - 189,999
170,000 - 179,999
160,000 - 169,999 7.1 1 1
150,000 - 159,999
140,000 - 149,999 5.9 7.1 1 1 1
130,000 - 139,999 17.6 10.7 1 1 2 2
120,000 - 129,999 5.9 7.1 1 1 1
110,000 - 119,999
100,000 - 109,999 5.9 3.6 1 1
90,000 - 99,999 5.9 7.1 1 1 1
80,000 - 89,999 11.8 7.1 1 1 1 1
70,000 - 79,999
60,000 - 69,999 3.6 1
50,000 - 59,999
40,000 - 49,999 3.6 1
30,000 - 39,999 5.9 10.7 1 1 1 1
20,000 - 29,999 5.9 3.6 1 1
0 - 19,999 5.9 3.6 1 1
Total Units 17 28 4 5 3 5 1 3 3 3 1 1 3 6 2 2 3
Percentages 100 100 23.5 17.9 17.6 17.9 5.9 10.7 17.6 10.7 5.9 3.6 17.6 21.4 7.1 11.8 10.7
Victoria Real Estate Board Multiple Listing Service ® 4