Friday, June 15, 2012

SOLD! NEW Listing in James Bay SOLD!
304 - 420 Parry St REDUCED TO $299,9001121 sq ft 2 bedroom, 2 bath
Living Room
Kitchen
Deck

Third floor unit on the back of the building with huge glass-railed deck for quiet relaxation in the afternoon sun! This is a spacious 2 bedroom 2 bath unit with patio doors off living room and both bedrooms to the deck, walk-in closet & en-suite bath off master, corner fireplace in the living room and a large kitchen. Storage unit off balcony. Walk to everything as the walk score is 88 - Very walkable. Groceries, restaurants, coffee, banks just around the corner! The building has had a remediation w/ new exterior, perimeter drains & landscaping plus interior upgrades that include the elevator. To view, please call Lorne Tuplin - RE/MAX Camosun 250-217-4600

Monday, June 04, 2012


MAY 2012 REAL ESTATE MARKET IS PICKING UP IN GREATER VICTORIA

VICTORIA, BC-Consumers are showing confidence in the Greater Victoria real estate market, evidenced by a spike of 71 residential sales in May 2012 over the previous month. "During the last two or three months, we’ve seen many potential buyers out looking," says Carol Crabb, President of the Victoria Real Estate Board. "During May, they made their decisions. This shows there is good selection on the market, as well as good value."

The average price for single family homes sold in Greater Victoria last month was $622,387, a jump over April’s average of $609,376. Excluding previous months’ sales of over $4 million, the median has returned to $534,250.

"Last month we told you that homebuyers were researching their purchases by working with home inspectors, mortgage professionals and REALTORS®," Crabb says. "Now they are moving forward, which is often reflected in a spring market, even though it’s not feeling very spring-like."

Total MLS® sales for May 2012 were 659, with 636 of those residential, compared to 572 and 544 respectively for the same period in 2011, and 586 and 565 last month. We ended May 2012 with 5,015 active listings.

 
Total waterfront Single Family Dwellings sold: 15, down 3 sales over May 2011
Total non-waterfront Single Family Dwellings sold: 373, up 38 sales over May 2011
Single Family Dwellings sold over $1 million: 24 (3 over $2 million)