Staging Tips to Help Sell Your Home
Thursday, April 23, 2009
Wednesday, July 16, 2008
Monday, June 9, 2008
Friday, May 2, 2008
Victoria BC Single Family Home Price Sets a New Record
News Release May 1, 2008:Victoria Real Estate Remains Stable in March
Sales of homes and other properties in the Victoria area moderated in April with a total of 768 sales
through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), up from 707 sales in
March but down from the 898 sales in the same month a year ago. Overall prices remain steady
but 28 sales of over $1 million, including two sales in Oak Bay of over $2 million, pushed the
average price of single family homes to a new record high.
Victoria Real Estate Board President, Tony Joe, notes that the number of properties available for sale continues to increase. “In April, there were 3,859 properties available for sale – a 17 per cent increase over the 3,305 properties on the market in April of 2007. This increase in inventory coupled with a moderation in the number of sales offers further indication of a more balanced market that offers stability for both buyers and sellers.”
Joe added that despite the record high average price for single family homes, overall prices
remained steady last month. “The relatively large number of high-priced sales had a substantial
impact on the average price of single family homes in Greater Victoria, pushing this figure to a new record high of $630,295 but it is important to note that the median or mid-range price was
substantially lower at $558,000.” Joe noted that nearly 28% of single family homes last month sold for under $475,000.
The average price of all condominiums sold in April was $325,975; the average for the last six
months was $328,915. The median was again lower at $294,900. The average price of all
townhomes sold last month was $420,658; the six month average was $440,364. The median price was $407,450.
MLS® sales last month included 395 single family homes, 235 condominiums, 80 townhomes and 20 manufactured homes.
Source VREB
Monday, March 17, 2008
Wednesday, March 12, 2008
Victoria BC Totem Poles
Around the City of Victoria and Vancouver Island you'll find many totem poles that have been carved by local first nation people who lived here and many are still living in Victoria BC. Included in the many Totem Pole collection in Victoria...located in Beacon Hill Park is the World Tallest Totem Pole at 127' 7" Carved by Chief and head carver "Mungo Martin","David Martin" and "Henry Hunt" at Thunderbird Park in the historical Carving Shed.In Thunderbird Park there are many old Totem Poles, many of which are now priceless BC First Nation Art. My life long friend Tony Hunt was the grand son of the Chief Mungo Martin, Tony contributed to our totem pole collection in later years by carving a Pole by himself for a new Conference and Convention Center attached to our World Famous Fairmont Empress Hotel. The Victoria Real Estate Broad Donated the pole to the City of Victoria and commissioned Tony Hunt to Carve it for them, in 1982. The Pole sat in storage while the city fathers decided when and where to build the Victoria Conference and Convention Center, and after a lot of politicking it was finally built by 1989. Enjoy the photos..
Monday, March 3, 2008
Victoria Real Estate February Sales Down over Last Year...House Prices Are Up
The number of sales of homes and other properties in the Greater Victoria area moderated in February. There were 619 sales through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) in February, down from the 707 sales in the same month a year ago. There were 464 sales in January.
Victoria Real Estate Board President, Tony Joe, says the market continues to be well-balanced with strong demand for homes that are realistically priced coupled with a growing selection of available properties for sale. "The total number of properties available for sale rose to 3,311 in February - a 13 per cent increase over February of last year," noted Joe. Last month over 27 per cent of single family homes sold for under $450,000 while nearly 37 per cent of condominiums sold for under $275,000. At the higher end of the market, Joe noted that there were nine sales in Greater Victoria and one sale on the Gulf Islands of over $1 million.
The average price of single family homes sold in February in Greater Victoria was $587,295; the median price was lower at $543,500. The six-month average for single family homes was $588,826. The average price of all condominiums sold in February was $333,408; the average for the last six months was $334,577. The median was again lower at $299,450. The average price of all townhomes sold last month was $422,607; the six month average was $426,685. The median price was $395,000.
MLS® sales last month included 316 single family homes, 177 condominiums, 73 townhomes and 13 manufactured homes.
Source VREB
Victoria Real Estate Board President, Tony Joe, says the market continues to be well-balanced with strong demand for homes that are realistically priced coupled with a growing selection of available properties for sale. "The total number of properties available for sale rose to 3,311 in February - a 13 per cent increase over February of last year," noted Joe. Last month over 27 per cent of single family homes sold for under $450,000 while nearly 37 per cent of condominiums sold for under $275,000. At the higher end of the market, Joe noted that there were nine sales in Greater Victoria and one sale on the Gulf Islands of over $1 million.
The average price of single family homes sold in February in Greater Victoria was $587,295; the median price was lower at $543,500. The six-month average for single family homes was $588,826. The average price of all condominiums sold in February was $333,408; the average for the last six months was $334,577. The median was again lower at $299,450. The average price of all townhomes sold last month was $422,607; the six month average was $426,685. The median price was $395,000.
MLS® sales last month included 316 single family homes, 177 condominiums, 73 townhomes and 13 manufactured homes.
Source VREB
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