1635 Spilsbury Place

Close to UVIC

Living Room

Dining Room

Kitchen

Main Floor Family Room

Yard

Back View

Rare Mt Tolmie home completely renovated with very large family room on main leading to private deck. Beautiful oak hardwood floors, new windows, Updated kitchen with stainless appliances, roof redone in 2008. Hunter Douglas Silhouette window coverings. Three good sized bedrooms on main, designer bathroom with heated stone floor. Downstairs you will find a suite with lovely kitchen and newer bathroom. Walk to everything from this quiet cul-de-sac. Close to UVIC as well as Victoria's best schools. Tough to find a home renovated to this standard in such a desirable location at this price. Nothing to do but move in and enjoy the lifestyle this home has to offer. To view please call Lorne Tuplin at RE/MAX Camosun 250-217-4600

Greater Victoria Residential Real Estate Transitions to a Balanced Market

Weighing in on the best April since 2010, Shelley Mann, President of the Victoria Real Estate Board, is cautiously optimistic that the Greater Victoria is back into a balanced market.

"Consumer confidence is increasing," Mann says. "Our total number of sales for April is 615, a 5% increase compared to April 2012 with 586 sales. On the residential side, more properties are selling, and slightly fewer are entering the market, so we are moving from a buyers' market to more balanced market conditions."

Mann's cautions that one month doesn't indicate a market trend, but is encouraged by increased showings by REALTORS®, the number of sales, and comments from other REALTORS® about multiple offers on properties.

Prices remained relatively flat, as predicted by Cameron Muir, Chief Economist of the BC Real Estate Association. There were 367 single family homes sold in April at a median price of $540,000, a 16% increase of homes sold over April 2012. Condominium sales were 149 at a median price of $265,000 and with 62 townhomes sold at a median price of $415,450. There are 4,585 active listings.

Total Waterfront Single Family Dwellings sold: 15, up 2 over April 2012 

Total Non-waterfront Single Family Dwellings sold: 352, up 36 over April 2012

Single Family Dwellings sold over $1 million: 30 (5 over $2 million)

Stats Quick Reference

  Total Single Family All Areas includes Shawnigan Lake/Malahat, Gulf Islands and Up Island

Summary Report and Graphs

Monthly Sales Summary

Average Selling Price Graphs

Active Listings, New Listings and Sales Graphs

Bear Mountain Top Floor 2 Bedroom, 2 Bath unit Bedrooms: 2 Bathrooms: 2 Parking Spaces: 1 Year Built: 2006 Subdivision: Bear Mountain Located on Floor #: 4 Floors in Bldg: 4 Square Footage: 835 Agent Name: Lorne Tuplin Broker: RE/MAX Camosun MLS #: 322351 Price: $289,900 Homeowner Dues: $283.00 1335 Bear Mountain Pkwy #415 Victoria, BC V9B 6T9 View Map View More Photos Web Site Range/Oven Full Refrigerator Washer/Dryer Dishwasher Microwave Fireplace Enjoy your luxury 2 BR 2 bath condominium in the prestigious Ponds Landing West in the heart of the village. Enjoy gourmet kitchen with breakfast bar, custom cabinets and lighting, living room with gas fireplace. Patio doors leading to spacious patio ideal for barbecues overlooking the resort. The master bedroom offers his and her closets, full en suite with deep soaker tub, spectacular bathrooms and so much more. From the two Nicklaus golf courses, spa, athletic club to the many trails and fine dining to the lifestyle afforded through the gates of Bear Mountain this unit is sure to please, priced below replacement, new home warranty, excellent value. Lorne Tuplin - RE/MAX Camosun 250-217-4600 36 years as a sales associate focused on First Class Service Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 226229004

All information in this site is deemed reliable but is not guaranteed and is subject to change

Market Activity Follows Traditional Real Estate Cycle in Greater Victoria

Greater Victoria's real estate market is following tradition with a spring upswing in activities with month-over-month increases in showings, new listings and total sales.
 

The Victoria Real Estate Board reports a total of 483 sales processed through the Multiple Listing Service (MLS®) in March 2013, an increase of 23% over the previous month. Sales figures are 15% lower than March 2012's 570 sales.
 

"The market continues to unfold as predicted," says Shelley Mann, President of the Board. "March resulted in the highest number of sales since July 2012 when the lending rules changed. With sales below the historical norm, there is potential pent-up consumer demand developing in the market. We expect quarterly activity to increase over the next two quarters.
 

"The real estate market peaked in 2008, and then the market adjusted during the global economic crisis. The first six months of 2012 were reasonably strong, and then mortgage amortization rules changed in July. The revised lending rules affected buyers' abilities to qualify for mortgages and we are still feeling those effects on the market," Mann explains.

"With different lending rules in effect, it is challenging to compare the first six months of 2013 with 2012," she adds.
 

The median price of a single-family home is $510,777 compared to $555,000 in March 2012, a decrease of 8%. The six-month average shows a decrease of less than one percent month-over-month. Annual differences are skewed by four single-family home sales over $2 million in March 2012.
 

There were 121 condominium sales in March, with a median price of $265,000 - down 3.3% year-over-year and 2% over last month. Townhouses saw increased sales in the past month with a median price of $384,450, an increase of 2.86% year-over-year and 13.91% since February 2013. Current active listings at the end of March were 4,333.
 

Total Waterfront Single Family Dwellings sold: 13, down 1 over March 2012
Total Non-waterfront Single Family Dwellings sold: 264, down 47 sales from March 2012
Single Family Dwellings sold over $1 million: 15 (1 over $2 million)

10 Acre View Estate Property in Metchosin - Reduced to 1,195,000.00 Bedrooms: 5 Bathrooms: 4 Parking Spaces: 20 Year Built: 1990 Subdivision: Rocky Point Lot Size: 10 Acres Garage Size: Double Attached Square Footage: 4,000 Agent Name: Lorne Tuplin Broker: RE/MAX Camosun MLS #: 321280 Price: CAD 1,195,000.00 Flexibility: Negotiable 745 Cook Rd Vctoria, BC V9C 4G7 View Map View More Photos Web Page Range/Oven Full Refrigerator Washer/Dryer Dishwasher Central Vacuum Fireplace Hardwood Floors Kitchen Island Vaulted Ceilings Basement Patio Grass Lawn Secluded setting Tool Shed Custom built home by builder for himself on very private ten acres. Panoramic view city, ocean, Port Angeles & mtns. 4000 sq.ft.home, open floor plan offers walls of windows, stunning views from every room. Soaring cathedral ceilings feature 40 ft. beams spanning open grand room. Gleaming oak floors throughout. Modern quality update throughout, very recently painted interior. Boasting 3 balconies, sheltered courtyard, 1000 sq. ft. patio all with views & attached, oversize double garage. Electric furnace & heat pump for low heat costs. City water, flat usable acreage w/ partial built 60' x 34'5" barn/workshop fully serviced, bring toys & horses. Tons of space to park multiple RVs or close in the parking & park antique cars or hot rods! Lorne Tuplin - RE/MAX Camosun 250-217-4600 37 years as a sales associate focused on First Class Service Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 221871001

All information in this site is deemed reliable but is not guaranteed and is subject to change