SOLD New Condo Listing $309,900 SOLD

Top Floor Corner Unit - Private & Quiet!

Quick possession available. Next to new!!Heres an immaculate, 2 bed 2 bath condo inMetro Park Plaza. This complex is tucked awayon a quiet no-through street. Hear only thebirds from your private balcony. This Bright 992sqft beauty offers 5 appliances, cozy firplace inthe living area, crisp, modern paint colours,skylight, parking, extra storage, and the balanceof building warranty. So low maintenance andwith great private views. Pets welcome! No GST here. TOP FLOOR CORNER UNIT! To View Please call Lorne Tuplin - RE/MAX Camosun 250-217-4600

SOLD HOT New Listing SOLD

Marigold Character on 901 Violet Ave

REDUCED $10,000 to $539,900

Excellent floor plan with master On Main With Door To Private patio. Sunken Living Room, Separate Dining Room, B With Bay Window, Large Country Kitchen, open to Family Room with Wood Pellet Stove. 2-Car Garage & Work Area. Gorgeous yard & low maintenance exterior. TO VIEW, PLEASE CALL LORNE AT 250-217-4600

Property Sales Highest in 17 Years for Month of September

The Victoria area real estate market showed signs of growing strength last month as property sales rose to their highest level for the month of September since 1992 accompanied by modest price increases for single family homes and condominiums. A total of 776 homes and other properties sold in September through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), up from the 764 sales in August and up nearly 50 per cent compared to the 512 sales in September of last year.

Victoria Real Estate Board President, Chris Markham, says the market has clearly recovered and now appears to be very stable, "The last seven months have shown a steady improvement in sales and price stability. It’s very encouraging when we look back over the past several years and see sales now exceeding typical levels for this time of year."

There were 3,419 properties available for sale at the end of September, down 28 per cent from the 4,754 properties available in the same month a year ago. "We are now seeing some renewed upward pressure on prices as a result of the declining inventory," noted Markham.

The average price for single family homes sold in Greater Victoria last month was $619,936, up from $596,498 in August. Markham noted that the average price was affected by 24 sales of over $1 million. "These included five sales of over $2 million, three in Saanich East, one in Victoria and one on the Gulf Islands which had a significant impact on the overall average price," he stated. The median price increased $10,000 to $550,000. The six-month average was $581,498. The overall average price for condominiums was $325,106 last month, up from $317,312 in August. The average for the last six months was $311,546. The median price for condominiums in September was $295,000. The average price of all townhomes sold last month was $441,966 down from $455,430 in August. The median price dropped slightly to $415,000. The six month average was $426,521.

MLS® sales last month included 437 single family homes, 197 condominiums, 79 townhomes and 15 manufactured homes.