Blog by Brenda Russell

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Real Estate Update

Oak Bay Real Estate Update For September 2009

 

I just updated the Market Update Page on my website.  For more details and information about the Victoria area please read that page.

In Oak Bay, we had a total of 28 sales.  Seven Condominiums and twentyone single family homes for the month of August.  Year-to-date there has been a total of 243 sales in Oak Bay. 

Below is a graph showing the activity for Condominiums in the Victoria and Oak Bay areas of Victoria BC.  (CM means Current Month)

Sept. 09 Oak Bay and Victoria House Sales

Oak Bay has had a great summer especially for sales over 1 million!  Thirty single family homes sold between $1 - $2,000.000. year-to-date with five in August and four in July 2009.  Between $925,000. - $975,000. there were 2 sales, two between $775,000. - $825,000, one between $725,000 and $750,000. nine between $ 525,000. - $700,000. and two between $525,000. - $550,000. all during August. There were seven condominiums sold ranging from $200,000. - $450,000.  Zero townhomes sales.

Below is an Oak Bay Graph Showing Number Of Homes Sold up to June 2009 (the latest available)

Sept. 09 Oak Bay Sold Homes

Oak Bay Graph Showing Average Prices up to June 2009

Sept. 09 Oak Bay Prices

Just a little photo of one of our great businesses located on Oak Bay Avenue...and that's Oak Bay! Please stay tuned for more Oak Bay updates.

Oak Bay Avenues' Winchester Art Gallery and Ottavio Italian Bakery and Deli

Winchester Galleries - Oak Bay.jpg