Victoria BC Real Estate Fall is in the Air...October 2008
What Happened to September...Wow it Went Fast This Year.
A total of 339 homes and other properties sold in September through the Victoria Real Estate Board’s Multiple Listing
Service® (MLS®) compared to the 517 sales in August.
- In September 2008 Victoria Single Family Home Sales
- Lets look at the Real Estate Market in Each District of Victoria
- Oak Bay saw 17 home sales with an average selling price of $897,317
- Current Active Listings of Single Family Homes 92
- Victoria saw 25 home sales with an average selling price of $544,328
- Current Active Listings of Single Family Homes 152
- Saanich West saw 20 home sales with the average selling price of $471,265
- Current Active Listings of Single Family Homes 130
- Esquimalt saw 3 home sales with the average selling price of $473,666
- Current Active Listings of Single Family Homes 28
- Saanich East saw 39 home sales with the average selling price of $669,740
- Current active Listings of Single Family Homes 285
- Central Saanich saw 5 home sales with the average selling price of $712,380
- Current Active Listings of Single Family Homes 98
- North Saanich saw 3 home sales with the average selling price of $594,166
- Current Active Listings of Single Family Homes 124
- Sidney saw 9 home sales with the average selling price of $448,888
- Current Active Listings of Single Family Homes 66
- Colwood saw 9 home sales with the average selling price of $451,722
- Current Active Listings of Single Family Homes 92
- Langford saw 29 home sales with the average selling price of $476,134
- Current Active Listings of Single Family Homes 201
- Highlands saw 0 home sales
- Current Active Listings of Single Family Homes 16
- Sooke saw 16 home sales with a selling average price of $445,037
- Current Active Listings of Single Family Homes 194
- Waterfront(all districts) Home Sales throughout Greater Victoria totaled 5 home sales with the average selling price of $ 900,500
- Current Active Listing of Single Family Lake and Ocean Waterfront Homes 166
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- Greater Victoria Single family home Sales for September showed an average selling price of $577,573, the medium selling price was at $520,000, The Median selling price is up from September 2007 with a median then of $473,000.
- See July Market update
- See August Market update
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There were 71 Condominium's Sold in September throughout Victoria with an average selling price of $369,515
There were 36 Townhouses Sold in September throughout Victoria with an average selling price of $406,959
Stats Source: VREB
Copyright © 2008 By Fred Carver All Rights Reserved" Victoria real estate September Sales with Fall in the air"
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
Find Hundreds of Home For Sale in Victoria BC
Post Copyright © 2011 By Fred Carver All Rights Reserved
Fred I love your market reports because you not only post some useful data but also add a nice touch with your graphics!
Hi Bill...Thanks for your support, I believe Victoria home Buyers and Sellers want to see what is happening in their area, not just the stats on the whole market area. As you can see each area is different.
Cheers, thanks for visiting.
Fred, you are correct. The stats for specific areas and types of dwellings are much more interesting than the whole residential market stats.
Fred, Sounds like your lovely area is doing very well....I'm very glad to hear it! Greater Victoria always looks so beautiful!
Hi Laryy...we've got some dooms dayers here that twist our press releases, so I write the story with the Reader interest, by breaking down the different area for the Buyers and Sellers in Greater Victoria.
Cheers, thanks for visiting!
Hi Carole...Great to hear from you, I wish you could come here some day, I know you would fall in love with Victoria. Compared to else where we're seeing a soft landing.
Cheers, thanks for visiting Carole!
How does this compare with last year? I hear things are slowing down up there!
Hi Jean...Victoria is doing fine, prices are down around 10% over all, median from last year is almost the same. Victoria has the lowest unemployment in the country and the lowest vacancy rate(less than 1%) plus positive migration, the baby boomers and retirees are moving here..
Cheers, thanks for visiting.
Hi Fred - Love the "pizzazz" to this market report for Victoria BC Real Estate Sales not to mention a pretty robust average selling price in your area.
Hi Donna...it makes it more interesting to add Graphics, rather all text especially for market reports, and colour helps too.
Victoria is seeing what I call a soft landing no bubble burst here, correct pricing is important.
Cheers, thanks for visiting.
Hi Fred!
Thanks for sharing this link on Twitter and giving me the chance to see your report. As you know I have family in Victoria and I was there and in several houses in the areas you report on last summer. All I can say is wow! Our house in MI which is on water (much smaller body!) is 3000 sq ft with another 1500 in the walk out basement (12 ' basement ceilings). We bought it for 418k 3 years ago and its probably worth about 360k now. It just floors me the difference in values across both countries. Very interesting indeed!
Hi Pat...nice response, great to here you were here, next time lets meet and have a coffee and share so stories.
Well Victoria is on an island and there is no more land which keeps putting our Real Estate up especially over the Long Term. Sure we have our Ups and Downs, when I first started back in 71...that's 1971. New homes Sold for $18,000, existing homes were $8,000 to $14,000. It really land value that moves up.
Cheers, see you on Twitter, thanks for visiting!