April 2013 was my busiest month in quite some time. There were lots of showings, I had buyers coming in from out of town, and I managed to put deals together on two of my listings. Hopefully this is a sign that our sluggish market is picking up. Overall in the greater Victoria region, sales were up 5% over last year’s April sales – the first year-over-year monthly increase this year and the best April since 2010. Let’s dive into the Sooke numbers, shall we?
April 2012:
- New listings, all property types: 87 (65 SFD)
- Sales, SFD: 16
- Sales, all property types: 23
- Lowest price: a manufactured home at $43,000 (Lowest price SFD sold for $225,000)
- Highest price: a waterfront home at $810,000
- Average price, SFD: $447,606
- Median price, SFD: $426,250
- Active listings, all property types: 411
- Sale price breakdown (SFD): $200K-$300K: 3 | $300K-$400K: 3 | $400K-$500K: 6 | $500K-600K: 1 | $600K – $700k: 2 | $800K+: 1
- Average Days On Market, SFD: 111
April 2013:
- New listings, all property types: 83 (56 SFD)
- Sales, SFD: 19
- Sales, all property types: 29
- Lowest price: a manufactured home at $5,500(!) ($265,000 was the lowest-priced SFD)
- Highest price: a large home with an amazing view in Whiffin Spit at $750,000
- Average price, SFD: $419,976
- Median price, SFD: $419,000
- Active listings, all property types: 398
- Sale price breakdown (SFD): $200K-$300K: 4 | $300K-$400K: 5 | $400K-$500K: 5 | $500K-600K: 4 | $700K +: 1
- Average Days On Market, SFD: 114
If you have any questions about how these statistics were calculated, what they mean, or would like to know what your property is worth in today’s market, just give me a call at 250-885-0512 or send me an email