VICTORIA REAL ESTATE UPDATE August 2015
Above is a graph from the Victoria Real Estate Board showing new listings and new sales over the last two years. I find this graph very helpful to get a quick overview of the current real estate market.
The benchmark value for the same home this month has increased by 6.3% to $599,800. There were 3,942 listings for sale on MLS® at the end of July, 13.7% fewer than the 4,570 active listings in July 2014. A total of 796 properties sold in the Victoria Real Estate Board Region during July, compared to the 681 sold in the same month last year. All very good...
I'm sure this fall will be very active both in listings and sales. If you are thinking about listing your home soon please call me to discuss how to show your home well. Clean. Well staged. No issues. The last two Oak Bay homes I helped with sold between 1-3 days with multiple offers and sold well over offered price. The sellers were very happy because it was easier on their stress level having it taken care of quickly. Please read my blog for an Oak Bay update and stay tuned for more!
Below is a photo of 2324 Middowne Road located in Oak Bay, Victoria BC Canada. This was the latest listing I helped with, which attracted 6 offers and sold for almost $50,000. above list price. I have 25 years of experience. Call me today 250.744.4556 if I can help.