SOLD! Brentwood Bay One Level Townhouse - $429,900 Bedrooms: 2 Bathrooms: 2 Parking Spaces: 1 Year Built: 1991 Subdivision: Brentwood Bay Attached on: 1 Side Garage Size: Single Square Footage: 1365 Agent Name: Lorne Tuplin Broker: RE/MAX Camosun MLS #: 353490 Price: $429,900 6880 Wallace Dr Unit 1402 Brentwood Bay, BC V8M 1N8 View Map View More Photos My Web Site Range/Oven Full Refrigerator Washer/Dryer Dishwasher Microwave Central Vacuum Fireplace Hardwood Floors Patio Grass Lawn SOLD! You will love this bright, tastefully updated & freshly painted one level end unit. This superb residence offers spacious living & dining rooms with scraped Maple engineered hardwood, slate entry & trim on fireplace & new stainless steel fridge, stove, dishwasher & OTR microwave. New roller blinds also stay. Large master with walk in closet and 5 piece en suite. Partial ocean views, covered patio and plenty of room for BBQ & lounge furniture. Prestigious Port Royale Estates is a private oceanfront community overlooking the Brentwood Bay Marina. Excellent location near amenities, stroll the waterfront walkway or walk to the Village of Brentwood Bay for shopping, restaurants and more Lorne Tuplin - RE/MAX Camosun 250-217-4600 38 years as a sales associate providing First Class Service Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 308179000

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Victoria Real Estate Market Remains Hot as Spring Trend Continues into Summer

The Victoria Real Estate Board today released its report on Multiple Listing Service® real estate activity in the Victoria area for June 2015. A total of 910 properties sold in the Victoria Real Estate Board region this June, a 33.8% increase compared to the 680 properties sold in the same month last year.

"The Victoria real estate market has had another big month - and we continue to see consistent year over year sales growth," Victoria Real Estate Board President Guy Crozier says. "What's going on? Positive market conditions such as the low interest rate along with the diverse mix of properties and price points available have likely helped support this increase in interest in local real estate. The activity in the market may also in part be due to pent up demand from the past six or seven years. The market cooled off around 2008, and with the US markets improving and our local economy showing strength, consumer confidence is improving. Those that may have been hesitant to move over the last few years are making a change now."  

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core this time last year was $568,600. The benchmark value for the same home this month has increased by 4.61% to $594,800.

There were 4,003 active listings for sale on the Multiple Listing Service® at the end of June, 14.7% fewer than the 4,695 active listings in June 2014.

"We saw 48 single family homes sell for over one million dollars this month, and we saw 74 single family homes sell for under $400,000," adds President Crozier. "There's also a lot of selection in our condo market, with new development in the Victoria Core and in the West Shore helping to meet demand, and maintain solid pricing.