Victoria BC-Fernwood-Real Estate-Fernwood Real Estate Market
Victoria BC-Fernwood Real Estate in Review January to Now
As 2010 Fernwood Real Estate moves into March and Spring Time in Victoria....... I have reviewed the Real Estate activities of Greater Victoria's Fernwood Real Estate market.
View Fernwood Area Map in a larger map
Fernwood Single Family SOLDS since January to Now Total 14 Average Selling Price of $542,171 with an average of only 14 days on the market.
Fernwood Single Family Pending Sales Total 13 with an average selling price of $ 520,675 with an average of 13 days on the market.
It would appear Victoria BC's Fernwood Single Family Real Estate sale prices are steady, and the days on the market have decreased.
Currently there are 10 Single Family Homes For Sale in Fernwood with an Average asking price of $ 543,529 the the lowest on Shakespeare Street at $399,900 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 natural 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 spring 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
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