Monday, June 27, 2011

SOLD Shows like a showhome!!!
#7-3441 Mary Anne Cres
$329,900 SOLD
Living Room
Dining Room
Kitchen
Master Bedroom
Yard
End unit with Privacy! This Townhome has been Completely Updated! The sellers have been busy. The floors are Brazilian Walnut Hardwood. There is a Valor Proplane Fireplace Insert with a New Surround and a Mantle Crafted from Reclaimed and Local Wood. Sellers have also Repainted every wall in this nicely laid out 2 Bedroom 3 Bathroom Pet Friendly Home. The Fully Fenced rear yard is a Safe Place for your Pet, and boasts a 12x8 Sundeck. Showings can be easily arranged. Call today! John or Lorne Tuplin at RE/MAX Camosun 250-217-0206 or 250-217-4600


Monday, June 20, 2011

Executive Downtown Condo
in the Blevedere!  $689,900
Living Room
Kitchen
View
SE corner luxury condo in the prestigious Belvedere which is one of the top 2 best complexes in the city! Stroll along Victoria's newest downtown area or take a few more steps and be at the waterfront or in Beacon Hill Park... what a location!!! This top quality executive condo is as new and features the best floor plan in the building, high ceilings & huge windows to let the sunlight dance off the wonderful teak hardwood floors. Granite counters & island, 2 balconies. This is a very secure building with key, card or fob access to elevator, meeting room and to your secure underground parking stall. Great views to the S.E. over the park and across the street to the wonderfully restored church! A rare opportunity at a phenomenal price! To view, call Lorne Tuplin RE/MAX Camosun 250-217-4600
Real Estate Sales Steady in May


The number of property sales throughout Greater Victoria in May showed little change compared to April while overall prices showed some softening. A total of 572 homes and other properties sold in May through the Victoria Real Estate Board’s Multiple listing Service® (MLS®), virtually unchanged from the 574 sales in April. There were 695 sales in May of last year.

Victoria Real Estate Board President, Dennis Fimrite, noted that market activity so far this year is considerably slower than in the same period a year ago, "Sales so far this year are running nearly 21 per cent behind last year’s levels. It’s important to remember, however, that the first six months of last year were very active and sales activity subsequently slowed considerably over the summer and into the fall."

Fimrite added that the number of properties available for sale continued to increase at the end of last month which is typical for this time of year. "There is plenty of choice now on the market for buyers with 4,857 properties available for sale at the end of May - up from 4,561 properties available at the end of April. Inventory levels are currently seven per cent higher than a year ago." Fimrite noted that while overall market conditions remain balanced, it’s important for sellers to price their homes realistically to attract attention from buyers.

The average price for single-family homes sold in Greater Victoria last month was $628,462, up from $615,533 in April. The median price, however, declined slightly to $553,000 while the six-month average also declined slightly to $620,488. There were 26 single family home sales of over $1 million in May including one on the Gulf Islands. There were three sales in Oak Bay and one sale in Saanich West of over $2 million. The overall average price for condominiums last month was $328,345, down from $353,858 in April. The average for the last six months declined to $327,757. The median price for condominiums in May declined to $294,000. The average price of all townhomes sold last month declined to $466,845 from $480,621 in April. The median price also declined to $432,332 while the six month average rose to $447,581.

MLS® sales last month included 353 single family homes, 123 condominiums, 51 townhomes and 17 manufactured homes.