Victoria BC-Fernwood Real Estate in Review January to Now
View Fernwood Area Map in a larger map
As 2010 Fernwood Real Estate moves toward Spring Time in Victoria....... I thought I would review the Real Estate activities of Greater Victoria's Fernwood Real Estate.
Fernwood Single Family SOLDS since January to Now Total 11 Average Selling Price of $549,136 with an average of only 17 days on the market.
Fernwood Single Family Pending Sales Total 13 with an average selling price of $ 524,752 with an average of 14 days on the market.
It would appear Fernwood Single Family Real Estate sale prices are steady, and the days on the market have decreased.
Currently there are 8 Single Family Homes For Sale in Fernwood with an Average asking price of $ 565,813 the the lowest on Pembroke Street at $469,000 to $769,000 for a home on Lee Street
History 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 2010 !
Google Map To Fred's Oak Bay Office
Cheers
Fred Carver
Re/Max Camosun-Oak Bay
39 Years Experience selling Real Estate does make a Difference.. call me today to find out what I do to Sell Real Estate.
2239 Oak Bay Ave, Victoria, BC V8R 1G4
Victoria, BC
250-598-2963
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 © 2010 By Fred Carver All Rights Reserved
Fred, Those stats are the shortest days on the market anywhere I've ever read! Wow, people better not take long in thinking about it....it will be gone SO fast!
Hi Carole....Victoria real estate is Hot !!
I love the turn of the century brick home! Victoria real estate IS HOT and buyers (and sellers) need to call Fred today!
Hi Renee...This Homes have stood the test of time.
We don't have a house in our town for those prices! I'll move out there!
And, days on market - you really ARE hot!