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Posts tagged ‘February’

A Return to a Seller’s Market in Greater Victoria?

Photo credit: zedzap on Flickr

Photo credit: zedzap on Flickr

Yesterday, the Victoria Real Estate Board released statistics for February 2015. While the rest of the country contended with a seemingly never-ending winter, the cherry blossoms were out early in Victoria and vicinity, and so, apparently, were the buyers.  Read more

Sooke Real Estate Statistics – February 2013

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With Spring coming, our thoughts turn to gardening at outdoor activities

Ah February, we hardly knew ye! The shortest month of the year has come and gone – and not including my trip to Winnipeg, I didn’t see a single snowflake – it looks like we’ve escaped winter this year in Sooke. But how did the real estate market do this month?  Read more

Sooke Real Estate Statistics – February 2012

One of 20 Single Family Homes That Sold in Sooke in February 2012

For a short month, February seemed to drag on a bit around the Ayres household – must have been that one extra day. Here is my second instalment of real estate statistics for Sooke, for the month of  February 2012. There is definitely a vibe of increased activity in the local marketplace, with properties being snapped up or at the very least, showing activity increasing. Read more

Victoria BC Real Estate Buyers Profile – February 2010

The Johnson Street Bridge, Victoria. Photo credit: Sylpherware on Flickr

The latest data from our Member Market Survey has just been released by the Victoria Real Estate Board. Each month, agents who’ve completed a transaction while acting for a buyer are polled on various questions about their buyers. The goal is to get a snapshot of the situation on the street directly from agents who are actively involved serving their clients.

Highlights from this month’s data:

  • First-time buyers represent the largest segment of the buying population, with 36.5% identified as such
  • Interestingly, the number of people moving from a single family home to a condo or townhouse was nearly the same as those moving from one property to a similar one.
  • Single females bought more houses last month than single males.
  • Only one buyer came from outside of Canada last month.

Check out the full details of this month’s survey here.

Tim Ayres – Sooke Real Estate Professional

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Victoria BC MLS® Real Estate Statistics – February 2008

 FOR MARCH STATISTICS, CLICK HERE

Prices, Sales moderate in second month of 2008

Further evidence of a more balanced Victoria real estate market is seen in today’s release by the Victoria Real Estate Board of the monthly MLS® statistics for February 2008. Listings are higher than last year this time, and while sales are down year-over-year, they are still showing a very strong market. Realistically-priced properties are selling quickly and for top dollar, with some still attracting multiple offers. Below is the news release and summaries, courtesy of the Victoria Real Estate Board:

Property Sales Moderate in February

March 3, 2008

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.

Monthly Sales Summary

Average Selling Price Graphs

Active Listings, New Listings and Sales Graphs

Tim Ayres


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