Victoria Real Estate Update - March 2012

Happy Spring! Victoria Real Esate Board reported a relatively stable market compared to the same time in 2011. The average sales price for a single family home in Victoria is approximately $580,000.

Below is a quote from the Victoria Real Estate Board President

02-12 VREB Quote For Real Estate Stats

Total waterfront single Family Dwellings sold: 7 (10 sold in February 2011)

Total Family Dwellings sold over $1 Million:  14 (1 over $2 million)

Below outlines the Victoria Real Estate Stats for Condominiums sold by price range in the Victoria, Oak Bay, Esquimalt, View Royal and Saanich East areas for the month of February 2012.

02-12 Victoria Condo Sales By Price Range


February Real Estate Stats for Victoria and Oak Bay by Price Range - Single Family Dwellings

02-12 Victoria Home Sales By Price Range


Below is a Real Estate Graph showing Active Listings, New Listings and Sales February 2010-2012

02-12 Victoria Listings vs Sales Graph

Please don't forget to turn your clocks forward one hour - Spring forward.  I hope this helped you understand the current market in Victoria BC.  For more real estate information in Oak Bay please read my blog page. If you are considering selling or buying residential real estate anywhere in Victoria please call me direct at 250.744.4556 or toll free at 1.800.550.0585 and stay tuned for more updates.