MARKET EXPLAINER BLOCK
By Property Type • {{AREA}} Home Values in {{MONTH_YEAR}}
| Property Type | Sales | Active | SAR | MOI | Market Type |
|---|---|---|---|---|---|
| Single Family — Not Acreage/Waterfront | {{SFDNAW_SALES}} | {{SFDNAW_ACTIVE}} | {{SFDNAW_SAR}} | {{SFDNAW_MOI}} | {{SFDNAW_BADGE}} |
| Single Family — Acreage | {{SFDACR_SALES}} | {{SFDACR_ACTIVE}} | {{SFDACR_SAR}} | {{SFDACR_MOI}} | {{SFDACR_BADGE}} |
| Single Family — Waterfront | {{SFDWF_SALES}} | {{SFDWF_ACTIVE}} | {{SFDWF_SAR}} | {{SFDWF_MOI}} | {{SFDWF_BADGE}} |
| Single Family — Combined | {{SFDCMB_SALES}} | {{SFDCMB_ACTIVE}} | {{SFDCMB_SAR}} | {{SFDCMB_MOI}} | {{SFDCMB_BADGE}} |
| Condo Apartment | {{APT_SALES}} | {{APT_ACTIVE}} | {{APT_SAR}} | {{APT_MOI}} | {{APT_BADGE}} |
| Row/Townhouse | {{TH_SALES}} | {{TH_ACTIVE}} | {{TH_SAR}} | {{TH_MOI}} | {{TH_BADGE}} |
| Half Duplex | {{HDX_SALES}} | {{HDX_ACTIVE}} | {{HDX_SAR}} | {{HDX_MOI}} | {{HDX_BADGE}} |
| Full Duplex | {{FDX_SALES}} | {{FDX_ACTIVE}} | {{FDX_SAR}} | {{FDX_MOI}} | {{FDX_BADGE}} |
| Triplex | {{TRIP_SALES}} | {{TRIP_ACTIVE}} | {{TRIP_SAR}} | {{TRIP_MOI}} | {{TRIP_BADGE}} |
| Quadruplex | {{QUAD_SALES}} | {{QUAD_ACTIVE}} | {{QUAD_SAR}} | {{QUAD_MOI}} | {{QUAD_BADGE}} |
| Manufactured Home | {{MH_SALES}} | {{MH_ACTIVE}} | {{MH_SAR}} | {{MH_MOI}} | {{MH_BADGE}} |
| Recreational | {{REC_SALES}} | {{REC_ACTIVE}} | {{REC_SAR}} | {{REC_MOI}} | {{REC_BADGE}} |
| Land | {{LAND_SALES}} | {{LAND_ACTIVE}} | {{LAND_SAR}} | {{LAND_MOI}} | {{LAND_BADGE}} |
| Other | {{OTHER_SALES}} | {{OTHER_ACTIVE}} | {{OTHER_SAR}} | {{OTHER_MOI}} | {{OTHER_BADGE}} |
| Notes: SAR means Sales divided by Active listings. MOI means Active listings divided by the month’s sales. The symbol ∞ appears when there were no sales in that category for the month. Figures shown are the current-month results for {{MONTH_YEAR}} and come from the {{BOARD_NAME}}. | |||||
{{AREA}} Home Values in {{MONTH_YEAR}} show a varied picture by property type across the Vancouver Island real estate market.
Is {{AREA}} in a Buyers’, Sellers’ or Balanced Market?
Find out now in the table above. The {{AREA}} real estate market balance is determined using two main indicators. Sales-to-Active Ratio (SAR) is the percentage of active listings that sell in a month on {{AREA}}, excluding the Greater Victoria area. Months of Inventory (MOI) is the number of months it would take to sell all current listings at the present sales pace.
Sellers’ Market: Homes are selling quickly and sellers have more leverage. Interpreted as SAR ≥ 20% (about one in five or more listings sells) or MOI ≤ 4 (four months of supply or less).
Balanced Market: Supply and demand are roughly even. Interpreted as SAR 12–19% (about one in eight to one in five listings sells) or MOI about 5–6 months of supply.
Buyers’ Market: Buyers have more choice and stronger negotiating power. Interpreted as SAR ≤ 11% (about one in nine or fewer listings sells) or MOI ≥ 7 months of supply. If no sales occur in a category, MOI shows as ∞ (infinite).
When a badge shows an arrow (→), that segment is leaning toward the next category because it sits near a threshold.
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