Mimi Kates Realtor®

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I have sold a property at 708 160 Wilson ST in VICTORIA.
Stunning 2 bedroom/ 2 bath condo on the southwest corner of the Prestigious Parc Building in Victoria West. This home is a southwest corner unit with dawn to dusk sun. A well maintained building close to amenities and a ten minute walk from the city centre. Multiple upgrades including, cherry wood floors, mantle and cabinets, and upgraded electric fireplace and built in master closet organizer, built in Murphy bed and desk in the second bedroom, digital dimmers, stainless steel appliances, natural gas range to name a few. City and ocean views across parks on both sides. Manager on Site. It's a must see!
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I have sold a property at 920 Mary ST in VICTORIA.
Soon to be sold, this 2007 heritage style home offers old and new together. It has a reverse floor plan - the kitchen, dining, and Family Rm or bedroom are upstairs with large windows and a vaulted ceiling the space feels large and airy. On the main floor there are two beds plus two full bathrooms. The basement is at least 8 ft and completely unfinished - so you can let your imagination run wild. Think of this as a Townhouse alternative, on a small, tidy lot, there's not much gardening to do. Instead enjoy all the amenities vibrant Vic West has to offer, tennis, the water front Bamfield Park, the Tressle bridge and galloping Goose Trail - plus shopping, coffee shops and and elementary school. Court Ordered Sale scheduled for October 15.
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Victoria Real Estate Market Inventory Edges Up, Sales Still Constrained

May 1, 2017 - "The numbers we saw in April are a further indication that the market is gradually moving towards a more balanced state compared to the record setting pace of 2016." says 2017 Board President Ara Balabanian.

A total of 885 properties sold in the Victoria Real Estate Board region this April, 31.2 per cent fewer than the 1,286 properties sold in April last year. The ten year average for sales in April is 772 properties.

"We are starting to see hints of a more traditional spring market. Local agricultural production has been delayed due to the late spring, and so has the local real estate market," adds President Balabanian, "More sellers listed their homes for sale over the month of April compared to the month previous."

There were 1,690 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of April 2017, an increase of 8.6 per cent compared to the month of March, but 34.8 per cent fewer than the 2,594 active listings for sale at the end of April 2016.

"Inventory is still low, which means that buyers may encounter multiple offer situations in some of the high demand areas - there is still more demand than supply," adds President Balabanian.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in April 2016 was $684,900. The benchmark value for the same home in April 2017 has increased by 17.6 per cent to $805,100.

About the Victoria Real Estate Board - Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards and innovative programs to enhance the professionalism of REALTORS®. The Victoria Real Estate Board represents 1,360 local Realtors. If you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area housing market.

View our press release and summary here.

View our complete statistical package here.

 

For More Information

Victoria Real Estate Board 
Denise Hogue, Communications Manager

Phone: 250-920-4652