Fernwood in
Victoria BC Real Estate-Fernwood 2011 Real Estate Winter Review
Fernwood-Victoria BC- Single Family Homes and Condominium Real Estate
2011 Year in
Review
As we
Head into 2011 in Victoria ....... I
thought I would review the Real Estate activities of Victoria BC an
area know by the locals as Fernwood, an area
bordered by Oak Bay Ave and Pandora Ave to the South, Cook St to the
West, Bay Street to the North, Richmond Rd to the East.
View FernwoodArea
Map in a larger map
Single Family Sales
in Fernwood since January 26, 2010 Total 105 during the
12 months to January 26, 2011 with an Average Selling Price of $ 526,960 with an average of 27 days on
the market.
Single Family Current Pending Fernwood Sales Total 2 with an average selling price
of $ 530,000 with an average of 43 days on the market.
It would appear Fernwood Single Family Home sale
prices are holding.
Condominium
Sales In Fernwood since January 26, 2010 total 48 sales during the 12 months to January
26, 2011 with an Average selling price of $ 239,852 with
an average of 48 Days on the market.
Condominium
Current Pending Fernwood Sales total 2
with an average selling price of $ 227,750 with an
average days on the market of 76 Days.
It Would Appear the Fernwood Area Condominium Sales Prices are up a
little and the Days on the Market has decreased this Winter.
Currently there are 18 Single
Family Fernwood Homes For Sale with an average asking price of $ 613,705
ranging in price from $ 439,000 for a home on Shelbourne Street and up
to $
890,000 for a home on Davie Street.
I recently drove
through Fernwood I took a photos of the Character homes
in this area to give you an idea of the Quaintness and Character of
Fernwood where it is a popular walking Area. Many Homes Build before
the turn of the century in Victoria's Fernwood district are still
standing and many are refurbished. Great Place to raise a Family and
Pets
History
of Fernwood District of Victoria BC Residential development
began in earnest in the 1890s, and many homes in western Fernwood and
along Fernwood Road itself date from this era. In the early 1900s a
large area west of Fernwood Road was used as a sand and gravel pit to
supply construction materials to local builders, to the dismay of many
early residents. The problem was partly solved by the construction of
the present Victoria
High School in
1912 on some of the lands that had been used as the sand and gravel
pit. Historically, a spring in Fernwood supplied Victoria
with its main source of water, hence the earlier name of the
neighborhood, Springridge. In 1875 Victoria began piping water from Elk
Lake, and in 1885, the site of the original springs became the location
of the Empire Brewery.
HAVE YOUR BEST YEAR EVER IN 2012 !
Cheers
Fred Carver
Re/Max Camosun
Accredited Consultant in Real Estate®
Direct 250-598-2963
40 Years Experience selling Real Estate does make a Difference.. call Fred today to Put his 40 years experience to work for You.
4440 Chatterton Way, Victoria, BC V8X 5J2
Calling from Out Of Town? Call Toll Free 1-800-663-2121
Victoria Homes and Properties For Sale
Find Hundreds of Home For Sale in Victoria BC
Post Copyright © 2011 By Fred Carver All Rights Reserved
Since the beginning of January I personally have been busy almost every day showing Real Estate...with Serious and not so Serious home buyers.
Here's a News Quote and Link to a bidding war on the West end of Vancouver 