Oak Bay Real Estate Update For November 2009

What a month Victoria has had!  Last month for sales was the highest level for October since 1992!  Below is a direct quote from the President of the Victoria Real Estate Board that was printed on a recent News Release:

In this graph you will see the reported Sales by Price Range for the Victoria and Oak Bay areas.  I find this graph is always very helpful when looking at the activity price points for different areas...Oak Bay had 4 sales priced over one million for example.

This is another graph that is helpful.  Below shows the total number of ACTIVE lisitngs month by month and as we move closer to Christmas the activity slows down.  The second graph will show you the Total NEW listings and the total number of SALES for the month.

I hope this helped get a sense of the real estatate market.  Please call me if you have any questions direct at 250.744.4556 or toll free at 1.800.500.0585. 

Ariel photo of Oak Bay Secondary School

Oak Bay Secondary School teaches students from grade 8-12 and on a personal note, I graduated from this school many years ago...

You will see the running track and the Tennis Bubble is part of the Oak Bay Recreation Centre.

and last but not least, I wanted to share with you my recent Appointment which I am excited about:  

PacWest Appointment International Real Estate USA-Canada-Europe-China

James McNaught, President of PacWest International Management Inc. announces the appointment of Brenda Russell, as exclusive agent for the clients of PacWest’s in the Victoria Capital Regional District of British Columbia, Canada. PacWest’s International Real Estate Division provides consulting services to governments, corporations and private parties in the acquisition of residential real estate, land assemblies, condominium development from concept to sale and the acquisition of going concerns. Over the past twenty years PacWest has maintained an extensive presence in China providing consulting services in real estate, tourism and education.

Design Concept for 5 Star Hotel Shanghai

Please stay tuned for more updates...and that's Oak Bay!