Aug 26, 2013
Victoria July 2013 home sales: Swearingen
VICTORIA - The Swearingen Report has been released for July 2013, and the Victoria market remains resilient in spite of historic low inventories. However, even with low inventory and strong...
VICTORIA – The Swearingen Report has been released for July 2013, and the Victoria market remains resilient in spite of historic low inventories.
However, even with low inventory and strong demand, the market is somewhat restrained by slow family earnings growth. The typical buyer remains in the $100,000 — $250,000 range.
The average days on market for residential homes for the 12 months ending July 2013, was 100, no change from the same period 2012.
| All Categories* | 12 Months Ending July 2012 | 12 Months Ending July 2013 | Change |
| Residential property sales | 850 | 872 | 2.6% |
| Total dollar volume | $131,186,905 | $146,427,599 | 11.6% |
| Average sales price | $154,338 | $167,922 | 8.8% |
| Median sales price | $135,050 | $150,000 | 11.1% |
| Total active listings end of month | 299 | 238 | -20.4% |
| Months inventory | 4.1 | 2.9 | -29.3% |
*Figures refer to the residential homes market.
Did you like this NewsTalk?
You might also like
PUBLISHED SINCE 1977
TG Magazine
Check out the latest issue of our flagship publication.