Victoria Real Estate Voice: What Percentage of Homes in Victoria BC are Selling this July 29, 2010

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What Percentage of Homes in Victoria BC are Selling this July 29, 2010

What Percentage of Homes in Victoria BC are Selling this July.....

So far this Month there has been estimated 584 homes Sold in Victoria (212 Sold-Pending sales, 372 Sold-Completed sales) throughout the Victoria MLS map areas of the .....Victoria core,Victoria Westshore (excluding Sooke) and Saanich Peninsula markets.



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With 1271 Active Victoria home Listings on MLS......45% of the Current Active Listings are Selling or Sold during the month of July in Victoria BC.

These current stats are indicating that with an Active Listing Inventory of only 3.5 Months.... a Sellers Market in Victoria BC is in the Works.

Source data from the VREB database on July 29, 2010..

 

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Fred Carver
Re/Max Camosun
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4 comments • Victoria Realtor Fred Carver ACRE 250-598-2963 Accredited Consultant • July 29 2010 10:58PM

Comments

Good to see that things are moving and shaking in your market...

Posted by Michael Thornton - Nashville, TN area Home Inspector - 615.661.0297 (Complete Home Inspections, Inc.) almost 2 years ago

Your market is busy right now, good for you Fred. Love the car.

Posted by Scott Baker Realtor Homes for Sale in Cincinnati, West Chester, Mason, OH area (www.eHomeReports.com Coldwell Banker West Shell) almost 2 years ago

Hi Michael...Due to an increase in Residential Sales last Winter many home sellers equated this to prices being up, and they can ask anything for there home. Our Current average Listing price is over $900,000 with the average selling price is nearer $600,000. Sales of properly priced homes are over 95% of the asking price. Stats are just that stats a one day snapshot of activity. It will be interesting to see if the Single Family inventory continues to drop, the Fall with then bring more Single family home sales of properly priced single family homes.

Cheers, thanks for stopping by again :O))

Posted by Victoria Realtor Fred Carver ACRE 250-598-2963 Accredited Consultant (Re/Max Camosun Real Estate) almost 2 years ago

Hi Scott.....Like everywhere homes that are properly priced always sell in any market place. Home buyers are comparative shoppers and know single family values when looking for their next home.

Cheers, thanks for stopping by again.

Posted by Victoria Realtor Fred Carver ACRE 250-598-2963 Accredited Consultant (Re/Max Camosun Real Estate) almost 2 years ago

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