Blog by Brenda Russell

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Oak Bay Update

Oak Bay Market Update - February 2011

The snow didn't seem to slow down the activity this year in Victoria.  Of course, that said, I should remind you that snow in Victoria only lasts a few days to a week.  Currently in Oak Bay there are forty-eight active homes for sale on the MLS®.  Four in the Estevan area, four in Gonzales, four in the Henderson area, seven in North Oak Bay, twenty-one in South Oak Bay and eight listings in the Uplands.  New listings are entering the market everyday now because of Spring.  In February there was a home selling between $1,500,000. - $1,749,000. making it three year to date.  The lowest priced sale was between 5 and 549.  There was one so far this year.  Year to date there have been twenty-eight sales throughout Oak Bay.  IF you are interest in the Victoria Market please read my Market Update.

The condominium market in Oak Bay is as follows; 19 Freehold MLS® current listings ranging from $329,900. to $3,350,000. 5 co-op and or strata leasehold MLS® listings ranging from $230,000. to $449,000. as of today.  Below is a graph from the Victoria Real Estate Board helping you see the sales by price range.

03-11 Victoria Condo Sales By Price Range

Townhome Graph Showing Sales By Price Range

03-11 Victoria Townhomes Sales By Price Range

If you are considering selling your home or purchasing real estate and have questions I am easily accessible.  My direct line is 250.744.4556 and if you are outside Victoria please use my toll free number at 1.800.550.0585 email: and twitter: brussell6  One of Victoria's Award Winning REALTORS® with over 20 years of professional service and experience...and that's Oak Bay!  Please stay tuned for more updates.