Victoria Real Estate Voice: Victoria's Saanich Peninsula Real Estate Market Review

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Victoria's Saanich Peninsula Real Estate Market Review

 

Saanich Peninsula Real Estate Review 

We here at Fred Carver Real Estate Marketing Re/Max Camosun continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Saanich Pensinsula ( includes N. Saanich, Sidney and Central Saanich) area of  Victoria real estate review Sept 9, 2008. 

Saanich Peninsula

Current  Listings: homes,condo's and townhouses on the market= 421

Number of Total pending sales= 54

New Listings this week:  39 

New Pending Sales this week:  8 

New Pending Sales over the Last 30 days = 28

Number of Sold's this week (completed sale)=  11 

Average Single Family Home Selling (pending sales) price this week: $586,000 (-12% change over YTD) Average Days on Market= 62 

Average Condo/Townhouse Selling Price this week: $353,500 Average Days on the Market = 40

Number of homes and condo's listings expiring this week = 4 

Average SF Selling Price (460 homes) YTD:  $661,378 Average DOM 51     

 Average Condo/Townhouse Selling Price (235 homes) YTD:  $416,674 Average DOM 56 

Note: Currently the 12% gains for 2007 appear to be gone, we are back to a balanced market, pricing is important when Selling, with great choices if you are Buying. CMHC is  forecasting around a 3% gain for house prices for 2008.

If you would like a free list of homes for sale in this or another neighborhood, and would like more information about the Saanich Peninsula or would like to be the first to know about HOT new listings before other buyers do, then give me a call at: 250- 598-2963 

 

Fred Carver Associate Broker 

35 years experence does help!

Promise Made ...Promise Kept! 

Fred Carver Real Estate Marketing with Re/Max Camosun  

Calling from out of town? Call toll free 1-800-663-2121

Copyright © 2008 By Fred Carver "All Rights Reserved" Saanich Peninsula Real Estate Review

 

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Fred Carver
Re/Max Camosun
Accredited Consultant in Real Estate®
Direct
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What's Your Home Worth Fred Carver   Victoria Homes For Sale Fred Carver

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Comments

Fred - Love the map and the stats.  Looks like you've got a pretty robust market going on in the Saanich Peninsula area.

Posted by Donna Bigda REALTOR® Greater New Haven CT Homes & Condos (RE/MAX Alliance) over 3 years ago

Hi Donna....The Real Estate market in the Saanich Peninsula are of Victoria is strong, however prices have slipped a little from last year. Great choices for Buyers. Sellers need to pricing their home correctly..by staying ahead of the current trend.

Cheers, thanks for visiting.

Posted by Victoria Realtor Fred Carver ACRE 250-598-2963 Accredited Consultant (Re/Max Camosun Real Estate) over 3 years ago

Fred- What a great looking market report! Your colors are great!

Posted by Nestor & Katerina Gasset Realtors® Wellington Florida Homes For Sale (International Properties and Investments LLC) over 3 years ago

Fred- What a great looking market report! Your colors are great!

Posted by Nestor & Katerina Gasset Realtors® Wellington Florida Homes For Sale (International Properties and Investments LLC) over 3 years ago

Hi Katerina...Thanks for visiting, A consumer saw my Colwood Real Estate market report and asked me today to do one for the Saanich Peninsula Area of Victoria.

Cheers, come again soon!

Posted by Victoria Realtor Fred Carver ACRE 250-598-2963 Accredited Consultant (Re/Max Camosun Real Estate) over 3 years ago

Fred excellent job on the Victoria's Saanich Peninsula Real Estate Market Review. I like your map!

Posted by Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) over 3 years ago

Fred - I'm happy to see that somewhere in this world there is a good Real Estate market. Like your market report and straight to the point.

Posted by Petra Norris - Lakeland Florida Realtor® Lakeland FL Homes for Sale (CDV TransAtlantic, Inc.) over 3 years ago

Hi Bill...Thanks for the positive support, the Saanich Peninsula covers three greater Victoria Municipalities, Central Saanich, Sidney and North Saanich areas of Victoria.

Thanks for visiting, come again!

Posted by Victoria Realtor Fred Carver ACRE 250-598-2963 Accredited Consultant (Re/Max Camosun Real Estate) over 3 years ago

Hi Petra...during 2003 to 2006 we saw around 18 to 20 % gains a year, we're now seeing about a 10% price drop over last year. Our local economy is strong with the lowest unemployment in the country, less than 1% vacancy rate and 4,000 people a year moving here. I expect the market to remain stable. We're in a failrly balanced market, pricing is import for Buyers, as they are comparative shopping with our increased inventory..

Cheers, thanks fir visiting come again.

Posted by Victoria Realtor Fred Carver ACRE 250-598-2963 Accredited Consultant (Re/Max Camosun Real Estate) over 3 years ago

Great job Fred on a very engaging map and profile of Victoria BC.  I hope to see you around on Activerain! Try videos too, they work.

Posted by Tracy Santrock-Cary NC Realtor (Fonville Morisey/Santrock Realty Group, Inc. ) over 3 years ago

20% Sell/List ratio is the new "robust market".  Keep that spin going for as long as we can milk the sheeple Fred!  Great job!

Posted by Tony Joe over 3 years ago

Hi Tracy...I've done a few video's already, I need new listings again to try my new marketing with my video. Our market is going through a shift with Buyers being fussy and a wait and see attitude and Sellers in denial. I'm sure you can relate. Thanks for visiting!

Posted by Victoria Realtor Fred Carver ACRE 250-598-2963 Accredited Consultant (Re/Max Camosun Real Estate) over 3 years ago

Hi Tony...Thanks for Visiting. Jump in, you'll love Active Rain, there are a lot of resources here.

Cheers, thanks for visiting

Posted by Victoria Realtor Fred Carver ACRE 250-598-2963 Accredited Consultant (Re/Max Camosun Real Estate) over 3 years ago

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