Blog by Brenda Russell

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OAK BAY REAL ESTATE UPDATE

OAK BAY REAL ESTATE UPDATE FOR AUGUST 2007

In Oak Bay,  since January to the end of August there have been a total of 180 Sales.  27 sales this year ranged from $1,000,000. - $4,999,999.  One sale occurred higher than that...

So far in South Oak Bay this month there are 22 listings on the market.  Ranging from $599,000. (on Lyn Crescent) to $15,000,000. located at 1101 Beach Drive (10 bedrooms, 10 bathrooms and approx. 9777 sq.ft. on 2.24 acres).

South Oak Bay has been busy showing 15 pending sales...

North Oak Bay currently has 4 active listings ranging from $585,000. - $1,198,000. and 3 pending sales.

Henderson Area of Oak Bay currently has 11 active listings ranging from $449,900. - $1,895,000. and 8 Pending Sales.

Gonzales Area of Oak Bay offers 7 active listings starting at $1,295,000. - $7,200,000. (on King George Terrace), I did an open house a couple weeks ago at a waterfront listing located at 2114 Marne Street, Victoria, BC. It was a perfect warm sunny day and the architect 'Ben Levinson' walked in and pointed out a few special features which was a nice surprise... www.levinsonarchitect.com

Estevan Area of Oak Bay has 8 current listings on the market starting at $789,000. on Lulie Street all the way up to $1,950,000. located on Dalhousie Street, Victoria, BC.  2 Pending sales are recorded so far for the month of September.

The majority of sales in Oak Bay occur in the price range of $550,000 - $775,000.

I hope this helped a little bit.  Stay tuned for more updates!