Victoria Real Estate Update: March 2021

Hi Everyone,

I hope you are having a great April so far. 

Last month we saw a significant increase in sales year over year with 92% more sales in comparison to March 2020. 

I suspect that in April we will continue to see the volume of properties sold surge past April 2020 sales. Do not be surprised if the sales volume is more than double, specifically due to the fact that we were all on lock down this time last year and only 287 properties sold in April 2020.

Once we get into May and the coming months we should start to see the percentage of sales year over year begin to calm down. The busy real estate market that began last year in May / June, will start to line up well with our still very busy market, continuing this spring and summer.

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