Blog by Brenda Russell

<< back to article list

OAK BAY REAL ESTATE UPDATE

OAK BAY REAL ESTATE UPDATE OCTOBER 2007

 

In Oak Bay for the month of September there were 18 homes sold and year to date; 198 homes sold.

The number of condominiums sold for the month of September were 3 and 52 year to date.

The number of townhomes sold were 3 and 11 year to date.

South Oak Bay currently has 23 active listings ranging from $628,000. - $15,000,000. Pending sales are strong at 14 homes waiting to exchange the money...and 66 sold homes.

North Oak Bay currently has 4 active listings ranging from $569,900. - $1,189,000.  2179 Cranleigh Place was built in 1949 and has been on the market for 75 days so far - listed for $569,900.  Two pending sales and 16 sold homes.

Gonzales area of Oak Bay has 7 active listings ranging from $1,295,000 - $7,200,000.  2049 Crescent Road was built in 1957 and has been on the market for 32 days resting on a 77 x 120 lot...also, side by side duplex - listed for $1,295,000.!  One pending sale and 4 sold homes.

Estevan area is showing 8 active listings ranging from $859,000. - $1,799,000.  2676 Estevan Avenue is a 1930 home on a 50 x 120 lot and has been on the market for 55 days so far - listed for $859,000.  5 pending sales and 26 sold homes.

Henderson area of Oak Bay shows 12 active listings ranging from $439,000. - 1,695,000.  2397 Foul Bay Road is listed for $439,000. and was built in 1932.  3661 Crestview Road was built in 1957 with a super 8 ft. basement area and resting on nearly 1/2 acre - Priced at $1,695,000. and 10 days on the market.  3 pending sales and 54 SOLD HOMES!

The Uplands area of Oak Bay has 9 active listings.  Starting at $969,000. - $17,500,000.  2746 Dorset Road is listed for $969,000. built in 1954, updated with 4 bedrooms and 3 bathrooms.  4 pending sales and 13 sales so far.

I hope this helps you get a feel for the Oak Bay area of Victoria, BC.  Wishing you a delicious Thanksgiving dinner.  If you have any questions regarding residential real estate please call Brenda at 744.4556 or toll free 1 800 550 0585.  Stay tuned for more updates...