Blog by Brenda Russell

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OAK BAY REAL ESTATE UPDATE

OAK BAY REAL ESTATE UPDATE FEBRUARY 2008

In Oak Bay, we had 19 home sales, 2 condominium sales, and no townhome or lot sales during the month of February.

There was one sale in the $525,000. - $549,000. range...then jumped to three sales in the $550,00. - $574,999. price range and one sale from $575,000. - $599,000.

The next range of sales started between $625,000. - $725,000. totalling five.  Then from $750,000. - $850,000. there were four sales.

Between $850,000. - $874,999. two sales occurred. One between $900,000. - $924,999., one between $950,000. - $974,999. and one between $1,000,000. - $1,999,999.

The two condo's that sold in February were in the $400,000. - $449,999. price range.  I hope this helps keep you updated with the market.  Please stay tuned for more updates... 

In the Greater Victoria area for the month of February it was moderate.  If you would like to read more about this please read the attached News Release from the Victoria Real Estate Board dated March 3, 2008.