Mimi Kates RealtorĀ®

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Real Estate in Bear Mountain 

 

If you are thinking about investing in a property in Bear Mountain, the real estate opportunities are many and varied. Each property has been thoughtfully sited and built to take full advantage of its natural terrain and pristine beauty. Bear Mountain provides luxury real estate, recreational 

opportunities, and a vibrant community all in a short drive or walk away. 

 

Bounded between the City of Langford and the District of Highlands, Bear Mountain contains approximately 1,150 homes and 3,000 residents, with the number of homes and population growing. When you choose to live in Bear Mountain, not only are you surrounded by natural beauty, but there are many community events to attend. Golf tournaments are abundant and a great way to not only meet people in the community, but network with business professionals from all over Vancouver Island. 

 

Not only is Bear Mountain known as one of the most luxurious neighbourhoods on Vancouver Island, but it’s conveniently located near a plethora of restaurants, national chains, and boutiques. You can rest assured that all of your amenities are in close distance, and you don’t need to worry about driving a far distance for anything. 

 

Whether you’re interested in investing in a condo or a single family home, Bear Mountain will have what you’re looking for. If you are currently living in Bear Mountain and would like to put your home on the market, now is the time! 

 

Contact me today to see what is currently on the market, or if you are interested in putting your home up for sale. You can be promised that by working with a qualified REALTOR®  like myself, it will make all the difference when buying or selling your home. Contact me today! 


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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