VIREB recorded 7,489 unit sales (all property types) in 2024 compared to 7,297 in 2023 and 7,810 in 2022. December 2024 saw unit sales of 443 (all property types) and 2,883 active listings.
Sales by Category
In the single-family category (excluding acreage and waterfront), 227 homes sold in December, up 52 per cent from one year ago and down 15 per cent from November.
Sales of condo apartments last month came in at 44, increasing by 16 per cent year over year and down 29 per cent from November. In the row/townhouse category, 58 units changed hands in December, up 49 per cent from one year ago and down 24 per cent from November.
Active Listings
Active listings of single-family homes were 829 in December, up from the 796 posted one year ago. VIREB’s inventory of condo apartments was 271 last month, up from 257 in December 2023. There were 195 row/townhouses for sale last month compared to 244 the previous year.
Benchmark Prices
December benchmark prices were as follows.
- Single-family – $776,500 (up 3% y-o-y)
- Apartment – $395,700 (down 1% y-o-y)
- Townhouse – $547,000 (up 2% y-o-y)
