Victoria BC Real Estate Dog Days of Summer...August 2008

Typical Slower time of year for real estate sales as people enjoy their Summer vacations.
A total of 517 homes and other properties sold in August through the Victoria Real Estate Board's Multiple Listing
Service® (MLS®) compared to the 616 sales in July. There were 846 sales in August of last year.
- August 2008 Victoria Single Family Home Sales
- Lets look at the Real Estate Market in Each District of Victoria
- Oak Bay saw 12 home sales with an average selling price of $789,125
- Current Active Listings of Single Family Homes 81
- Victoria saw 36 home sales with an average selling price of $567,492
- Current Active Listings of Single Family Homes 120
- Saanich West saw 35 home sales with the average selling price of $500,397
- Current Active Listings of Single Family Homes 130
- Esquimalt saw 7 home sales with the average selling price of $450,186
- Current Active Listings of Single Family Homes 28
- Saanich East saw 41 home sales with the average selling price of $624,775
- Current active Listings of Single Family Homes 262
- Central Saanich saw 12 home sales with the average selling price of $613,250
- Current Active Listings of Single Family Homes 81
- North Saanich saw 5 home sales with the average selling price of $541,900
- Current Active Listings of Single Family Homes 108
- Sidney saw 12 home sales with the average selling price of $511,700
- Current Active Listings of Single Family Homes 57
- Colwood saw 20 home sales with the average selling price of $503,508
- Current Active Listings of Single Family Homes 81
- Langford saw 31 home sales with the average selling price of $504,764
- Current Active Listings of Single Family Homes 159
- Highlands saw 1 home sales with a selling price of $ 495,000
- Current Active Listings of Single Family Homes 19
- Sooke saw 18 home sales with a selling average price of $428,961
- Current Active Listings of Single Family Homes 171
- Waterfront(all districts) Home Sales throughout Greater Victoria totaled 3 home sales with the average selling price of $ 760,667
- Current Active Listing of Single Family Lake and Ocean Waterfront Homes 149
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- Greater Victoria Single family home Sales for August showed an average selling price of $549,119, the medium selling price was at $512,000, The Median selling price is almost unchanged from August 2007 with a median then of $515,000. single family home Sale Prices as expected slowed throughout the region this Summer. See July Market update
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There were 160 Condominium's Sold in August throughout Victoria with an average selling price of $302,200
There were 53 Townhouses Sold in August throughout Victoria with an average selling price of $413,994
Original Blog: www.victoriahomesandproperties.com
Stats Source: VREB
Copyright © 2008 By Fred Carver All Rights Reserved "Victoria BC Real Estate Dog Days of Summer...August 2008"
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Fred Carver
Re/Max Camosun-Oak Bay
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