Thursday, May 04, 2017

SOLD  NEW LISTING SOLD 
1066 Braeburn Ave
2013 Built One Level Home!
1467 Sq feet SOLD
Kitchen 
Kitchen  
 Dining Room
 Living Room
Living Room 
 Master Bedroom
 En suite bath
Fenced Yard 

SOLD Contemporary like new 2013 built 3 bedroom 2 bath rancher. Large open living room with access to entertainment sized patio. Separate dining room next to the large, open kitchen which features ample Quartz counter space and unusually large eating bar. Spacious master bedroom with bay window, 3 piece en suite and walk-in closet. Second bedroom has French doors to living room so could easily be study or play room. Laundry room with front load washer and dryer & shelving. Attractive setting backing onto tall cedars and walking trail around Katie's Pond. Call Lorne Tuplin - RE/MAX Camosun to view at 250-217-4600
SOLD 988 Hinks Road $569,900 SOLD
 Street View
 Entry
 Kitchen
 Dining Area
 Kitchen/Dining Combined
 Living Room
 Master Bedroom
 Deck
 Side Yard

Modern Arts and Crafts home backing on green space. No strata! End of cul de sac! 1638 sq ft on 2 levels. Higher quality than most similar style homes. Classic Fir front door, tile entry, stairwell spindles and Espresso Solid wood kitchen with dove-tail soft-close drawers, crown mouldings through main floor...it's gorgeous. Main floor living/kitchen/dining rooms are huge. Walkout level private yard. 3 bedroom, 2 full bath upstairs, Big master Bedroom, full 4 piece en suite bath and walk-in closet. 10 yr. quality carpets, 25 yr. laminate wood floors, underground sprinklers, fully fenced and landscaped! Blinds, garage remote. Hot tub and Gazebo negotiable apart from sale. Totally private yard backing treed area, only one neighbor! Now only $569,900

Tuesday, May 02, 2017

Victoria Real Estate Market Continues Trend of Low Inventory, High Demand

"The numbers we saw in April are a further indication that the market is gradually moving towards a more balanced state compared to the record setting pace of 2016." says 2017 Board President Ara Balabanian.

A total of 885 properties sold in the Victoria Real Estate Board region this April, 31.2 per cent fewer than the 1,286 properties sold in April last year. The ten year average for sales in April is 772 properties.

"We are starting to see hints of a more traditional spring market. Local agricultural production has been delayed due to the late spring, and so has the local real estate market," adds President Balabanian, "More sellers listed their homes for sale over the month of April compared to the month previous."

There were 1,690 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of April 2017, an increase of 8.6 per cent compared to the month of March, but 34.8 per cent fewer than the 2,594 active listings for sale at the end of April 2016.

"Inventory is still low, which means that buyers may encounter multiple offer situations in some of the high demand areas - there is still more demand than supply," adds President Balabanian.


The graphic below shows market price activity in Greater Victoria the past year
If you are considering buying or selling anywhere on the South Island, call Lorne Tuplin today 250-217-4600!