Blog by Brenda Russell

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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...

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