Victoria Real Estate Update - October 2014
Last October there was about 500 properties sold, this October 600. Still a balanced market. In fact it has been a solid year in the Victoria real estate market compared to the last two years and hoping next year will top this year.
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core this time last year was $547,800. This month the benchmarkvalue increased to $553,900. Below is chart to outline the areas within the Victoria Municipality; Burnside, Central Park, Downtown, Fairfield East, Fairfield West, Fernwood, Hillside, James Bay, Jubilee, Mayfair, Oaklands, and Rockland.
A 17.6% increase when compared to number of sales from October 2013 and October 2014. Below is a quote from the Victoria Real Estate Board President updating the current market...
If you are thinking of buying or selling Victoria Real Estate and would like to discuss your plans for 2015 please call me direct at 250.744.4556 or toll free at 1.800.550.0585 I have been licensed for 24 years and work at Royal LePage Coast Capital Realty - Oak Bay. Looking for a little more information about oak Bay? Please read my blog and stay tuned for more updates.
Below are top 25 Real Estate agents for October 2014 from the Victoria Royal LePage offices.