Monday, October 10, 2011

SOLD Hot New Townhouse Listing SOLD
Langford Lake 3 Bedroom Unit
$309,900
Living Room
Formal Dining Room
Kitchen
2 PC Bath
Master Bedroom

Yard


Unique 3 bedroom corner unit featuring many recent updates which include; Ceramic tile floors in the kitchen & bath, laminate floors in the living & dining rooms, new carpets & vinyl upstairs, plus newer windows & roof! Laundry is handy just off the kitchen and there is a gas fireplace in the living room. Patio doors from the dining room lead to the private fenced yard with interlocking stone patio with room for BBQ, table & chairs, and there is a good sized storage shed. Don’t miss it… there are not many 3 bedroom townhomes in this condition & price range!
 Call Lorne Tuplin - RE/MAX Camosun to view at 250-217-4600

Friday, October 07, 2011

SOLD NEW LISTING
Colwood Family Home
440 Dressler Road $449,900 SOLD
Living Room
Kitchen
Master Bedroom
Yard

Immaculate Colwood family home with many appealing updates. Beautiful 3 or 4 bedroom situated in a lovely area close to parks, schools and shopping. Newer roof, hardiplank and stone veneer siding, maple and tile flooring. Recent kitchen and bathrooms (main has a jetted tub with heated backrest, LED lighting), newer vinyl windows, large living room with vaulted ceilings and stone faced gas fireplace, designer paint colours and double garage. Large level and private lot. You will love the ambience and the decor. Move-in condition. Call Lorne Tuplin at 250-217-4600 or toll free at 1-877-478-9600 for more information or to view.

Tuesday, October 04, 2011

Real Estate Sales Ease in September
Outlook for Balance of 2011 Remains Stable

Real estate sales activity softened throughout Greater Victoria last month with a total of 458 homes and other properties selling through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), down from 542 sales in August. Sales last month were, however, 16 per cent higher than the 395 sales in September of last year. Prices, meantime, remained mixed depending on the property type.

Victoria Real Estate Board President, Dennis Fimrite, noted that the overall market remains stable despite some easing of sales in September. "There has been some softening in activity over the last year with sales so far this year running about 10 per cent below last year’s levels. However, sales during the last two months have been higher than in August and September of last year and we anticipate stable market conditions for the balance of this year." Fimrite noted that despite economic uncertainty, interest rates remain very attractive and this is positive news for buyers. He added that that there were 17 single family home sales of over $1 million in September including one in Saanich East at over $6 million.

Fimrite added that the number of properties available for sale remained virtually unchanged last month with inventory levels currently 14 per cent higher than a year ago. "The number of properties available for sale declined very slightly last month to 4,940 compared to 4,944 at the end of August."

The average price for single-family homes sold in Greater Victoria last month was $622,393, down from $652,841 in August. The median price also declined to $535,000 while the six-month average increased slightly to $622,519. The overall average price for condominiums last month was $332,490, down from $339,057 in August. The average for the last six months increased slightly to $331,209. The median price for condominiums in September also increased to $279,900. The average price of all townhomes sold last month showed little change at $436,039 compared to $437,079 in August. The median price declined to $391,000 while the six month average increased slightly to $447,127.

MLS® sales last month included 244 single family homes, 128 condominiums, 52 townhomes and 12 manufactured homes.