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I just finished uploading this Single family home for sale, 604 Steward Mountain Road, Victoria, BC

More photos and floorplans are coming soon. Stay tuned! Peace and serenity on this affordable acreage with a 2000-built, spacious home that boasts 2 family rooms, 3 bedrooms, and 3 dens! Four level split with main living on entry level, master bedroom above, and two lower floors with tons of extra rooms and living space. Living room has 12'8" vaulted ceilings and a showpiece Italian marble propane fireplace. Open kitchen with granite counters and s/s appliances (black dishwasher). Master bedroom has walk-in closet, separate den/sewing room, deluxe ensuite with glass shower and jacuzzi tub, plus a private deck. Double garage, 24'x28', plus loads of additional outside parking for boats, RVs, and equipment. Very quiet property at the end of a no-through road, adjacent to Thetis Park trails. Call or email Kevin for more information or to arrange a viewing: 250-217-5091 or sweethomevictoria@gmail.com

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We are proud to announce that this Sep 17th, 1:00 PM to 3:00 PM we will be hosting an Open House at 481 Ker Ave in the Gorge neighborhood, Victoria. This is an opportunity to visit this excellent Single family home for sale in beautiful Gorge.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Gorge Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

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September 1, 2011

Real Estate Sales Strengthen in August

Enhancing Market Stability

 

Real estate sales activity picked up throughout Greater Victoria last month with a total of 542 homes and other properties selling through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), up from 523 sales in July. There were 425 sales in August of last year.

 

Victoria Real Estate Board President, Dennis Fimrite, noted that the increase in market activity is positive news: “The increase in sales reflects ongoing stability in the market. Although there was some modest increase in overall prices in August it is important to note that prices can fluctuate month-to-month depending on the properties sold and it takes time for trends to develop. Higher priced sales in particular can have a significant impact on overall average prices.” Fimrite noted that there were 25 single family home sales of over $1 million in August including one in Oak Bay and one in North Saanich at over $3 million each.

 

Fimrite added that the number of properties available for sale declined at the end of last month with inventory levels currently 13 per cent higher than a year ago. “The available choice for buyers has been at record highs in recent months but the number of properties available for sale dipped below 5,000 last month to 4,944 compared to 5,094 at the end of July.”

 

The average price for single-family homes sold in Greater Victoria last month was $652,841, up from $581,117 in July. The median price also increased to $547,000 (from $535,000) while the six-month average increased to $621,960. The overall average price for condominiums last month was $339,047, up from $315,371 in July. The average for the last six months increased to $329,951. However, the median price for condominiums in August declined to $271,500 (from $289,000). The average price of all townhomes sold last month increased to $437,079 from $412,178 in July. The median price also increased to $416,700 (from $385,000) while the six month average also increased to $446,135.

 

MLS® sales last month included 307 single family homes, 128 condominiums, 68 townhomes and 15 manufactured homes.

 

While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. Six months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®.

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August 2, 2011

 

Real Estate Sales and Prices Soften in July

 

A total of 523 homes and other properties sold in July through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), down from 618 sales in June but very close to the 527 sales in July of last year. Overall prices, meantime, declined somewhat across all major property types.

 

Victoria Real Estate Board President, Dennis Fimrite, noted that despite the drop in the number of sales last month compared to June, market activity is now very close to what we saw at this time last year. “In the coming months, we anticipate that market activity will remain relatively stable and similar to what we saw during the summer and early fall months of last year.”

 

Fimrite added that the number of properties available for sale continued to increase at the end of last month with inventory levels currently 14 per cent higher than a year ago. “The available choice for buyers increased further last month with 5,094 properties available for sale at the end of July, up slightly from the 5,050 properties available for sale at the end of June.” Fimrite added that the increasing inventory means sellers need to be realistic in pricing their homes in order to attract qualified buyers. “A REALTOR’S® expertise can be invaluable in today’s market to help sellers price their homes to best advantage,” added Fimrite.

 

The average price for single-family homes sold in Greater Victoria last month was $581,117, down from $629,292 in June. The median price also declined to $535,000 (from $569,900) while the six-month average declined to $615,439. There were 13 single family home sales of over $1 million in July including two on the Gulf Islands.

 

The overall average price for condominiums last month was $315,371, down from $320,172 in June. The average for the last six months declined to $327,762. The median price for condominiums in July also declined to $289,000 (from $300,000). The average price of all townhomes sold last month declined to $412,178 from $444,768 in June. The median price also declined to $385,000 (from $399,000) while the six month average declined to $443,341.

 

MLS® sales last month included 283 single family homes, 147 condominiums, 47 townhomes and 19 manufactured homes.

 

While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. Six months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®.

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July 4, 2011

Real Estate Sales Steady in June

A total of 618 homes and other properties sold in June through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), up from 572 sales in May and very close to the 625 sales in June of last year.

Victoria Real Estate Board President, Dennis Fimrite, noted that market activity has returned to comparable levels of a year ago. “Overall sales so far this year are down 21 per cent compared to a year ago. It’s important to note, however, that the first few months of last year were very active compared to this year and we are now seeing a return to similar market conditions of a year ago.”

Fimrite added that the number of properties available for sale continued to increase at the end of last month with inventory levels currently seven per cent higher than a year ago. “The available choice for buyers increased further last month with 5,050 properties available for sale at the end of June – the highest monthly level in 15 years.” Fimrite add that there were 4,857 properties available for sale at the end of May.

The average price for single-family homes sold in Greater Victoria last month was $629,292, up from $628,462 in May. The median price also rose to $569,900 (from $553,000 in May) while the six-month average declined slightly to $619,568.  There were 23 single family home sales of over $1 million in June. The overall average price for condominiums last month was $320,172, down from $328,345 in May. The average for the last six months rose to $329,402. The median price for condominiums in June also rose to $300,000 (from $294,000 in May). The average price of all townhomes sold last month declined to $444,768 from $466,845 in May. The median price also declined to $399,000 (from $432,332 in May) while the six month average rose to $448,159.

MLS® sales last month included 348 single family homes, 177 condominiums, 62 townhomes and nine manufactured homes.

***While the use of average price information can be useful in establishing trends when applied over a period of time, i.e.  six months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®. ***
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I just finished uploading this Manufacture Mobile for sale, 8 3640 Trans Canada Hwy, Mill Bay/Cobble Hill, BC

Clean and well-kept 2 bedroom, 1 bathroom, 53' x 12' mobile in one of the island's nicest 55+ parks, Springwood park. Pride of ownership is evident throughout this area of well kept mobiles and yards. This mobile has two additional mud rooms/ storage areas at both entries. Big kitchen will wood cabinets and dishwasher. Certified wood stove in the large living space. 4 piece bathroom with accessible tub. Nice laundry machines, all appliances included. Vinyl windows, newer gabled roof, good vinyl skirting, and newer chimney among recent improvements. 2 large sheds & 1 detached workshop with electricity. Pets allowed with park approval. Quiet location at back of park with treed, greenspace behind unit. A very neat and tidy property.

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We are proud to announce that this Jun 12th, 1:00 PM to 3:00 PM we will be hosting an Open House at 2054 Gladys Place in the Saseenos neighborhood, Sooke. This is an opportunity to visit this excellent Half-Duplex for sale in beautiful Saseenos.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Saseenos Half-Duplex for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

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June 1, 2011

Real Estate Sales Steady in May

 

The number of property sales throughout Greater Victoria in May showed little change compared to April while overall prices showed some softening. A total of 572 homes and other properties sold in May through the Victoria Real Estate Board’s Multiple listing Service® (MLS®), virtually unchanged from the 574 sales in April. There were 695 sales in May of last year.

 

Victoria Real Estate Board President, Dennis Fimrite, noted that market activity so far this year is considerably slower than in the same period a year ago, “Sales so far this year are running nearly 21 per cent behind last year’s levels. It’s important to remember, however, that the first six months of last year were very active and sales activity subsequently slowed considerably over the summer and into the fall.” Fimrite added that the number of properties available for sale continued to increase at the end of last month which is typical for this time of year. “There is plenty of choice now on the market for buyers with 4,857 properties available for sale at the end of May – up from 4,561 properties available at the end of April. Inventory levels are currently seven per cent higher than a year ago.” Fimrite noted that while overall market conditions remain balanced, it’s important for sellers to price their homes realistically to attract attention from buyers.

 

The average price for single-family homes sold in Greater Victoria last month was $628,462, up from $615,533 in April. The median price, however, declined slightly to $553,000 (from $556,000) while the six-month average also declined slightly to $620,488. There were 26 single family home sales of over $1 million in May including one on the Gulf Islands. There were three sales in Oak Bay and one sale in Saanich West of over $2 million. The overall average price for condominiums last month was $328,345, down from $353,858 in April. The average for the last six months declined to $327,757. The median price for condominiums in May declined to $294,000 (from $301,000). The average price of all townhomes sold last month declined to $466,845 from $480,621 in April. The median price also declined to $432,332 (from $460,000) while the six month average rose to $447,581.

 

MLS® sales last month included 353 single family homes, 123 condominiums, 51 townhomes and 17 manufactured homes.

 

While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®.

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I just finished uploading this Single family home for sale, 4600 Cliffwood Place, Victoria, BC

This is truly one of Broadmead's finest and brightest executive homes. Architecturally redesigned in 1993, the multiple windows and skylights are perfectly situated to allow one to enjoy natural light and admire the beautifully landscaped surroundings. The kitchen features wood cabinets, a pantry, new granite counters, and s/s appliances. The living room has a wood burning fireplace surrounded by a massive stone hearth. The deck wraps around the dining room, living room, and kitchen. The master bedroom has a deluxe ensuite, a large walk-in closet with organizers, and a private deck with a hot tub! There is a lot of space in this house to allow for multiple arrangements - the lower level is currently being used as a bedroom but could also be a games/media room, study, or an in-law/nanny suite. Lots of parking with a double garage, that has a separate storage and workshop area, and a big driveway. Many items remain under warranty such as the roof, furnace, appliances and hot tub. Easy to view - don't delay! Call Kevin at #250-217-5091 or email sweethomevictoria@gmail.com to arrange a personal viewing. Sorry, there will be no open houses.

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May 2, 2011

 

Real Estate Sales Soften, Prices Steady in April

 

The number of property sales throughout Greater Victoria softened in April while prices remained steady, showing increases for condominiums and townhomes and minor movement for single family homes. A total of 574 homes and other properties sold in April through the Victoria Real Estate Board’s Multiple listing Service® (MLS®), down from the 622 sales in March. There were 756 sales in April of last year.

 

Victoria Real Estate Board President, Dennis Fimrite, noted that although sales are running below last year’s levels, the steady prices reflect ongoing stability in the market. “Sales so far this year are running over 20 per cent below last year’s levels but it is important to remember that sales were exceptionally strong during the first few months of 2010. Tighter credit conditions and anticipated higher mortgage rates have and will have some moderating effect on the market and prices are expected to remain relatively flat and stable for the time being.” Fimrite added that the number of properties available for sale continued to rise at the end of last month as more people put their homes up for sale as expected at this time of year. “There were 4,561 properties available for sale at the end of April – up from 4,100 properties available at the end of March. Inventory levels are currently eight per cent higher than a year ago.”

 

The average price for single-family homes sold in Greater Victoria last month was $615,533, down slightly from $619,275 in March. The median price declined to $556,000 (from $568,500 in March) while the six-month average also declined to $621,412. There were 18 single family home sales of over $1 million in April. The overall average price for condominiums was $353,858 last month, up from $325,581 in March. The average for the last six months rose to $331,108. The median price for condominiums in April rose to $301,000 (from $290,000 in March). The average price of all townhomes sold last month rose to $480,621 from $434,626 in March. The median price also rose to $460,000 (from $408,150 in March) while the six month average rose to $439,450.

 

MLS® sales last month included 315 single family homes, 153 condominiums, 61 townhomes and 11 manufactured homes.

 

While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®.

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I just finished uploading this Half-Duplex for sale, 2054 Gladys Place, Sooke, BC

Open house: Sun, May 8: 1-3. Ocean and mountain views that would rival the best penthouse, without the penthouse price! This half duplex has two levels with kitchen, dining room, living room, powder room, and expansive deck on the main level. 3 bedrooms on the upper level and a large 4 piece main bathroom. Wake up to the ocean views every morning in the large master bedroom with two closets and a 3 piece ensuite. Recent carpet, light fixtures, flooring, and paint upgrades - just move in. Quick possession is possible. Single car garage and driveway parking for another vehicle. Press "View Multimedia" for slideshow or visit www.sweethomevictoria.com for more photos and details.

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April 1, 2011

Real Estate Activity Picks Up in March

The number of property sales throughout Greater Victoria rose in March for the second consecutive month while prices for all major property types registered modest increases. A total of 622 homes and other properties sold in March through the Victoria Real Estate Board’s Multiple listing Service® (MLS®), up from the 488 sales in February. There were 789 sales in March of last year.

Victoria Real Estate Board President, Dennis Fimrite, commented that the increase in sales last month, coupled with stable prices, shows continued consumer confidence in the market. “The latest figures offer further evidence of the return to balanced market conditions. There will always be month-to-month fluctuations in both sales and prices but barring any unforeseen developments we anticipate continued stability in the market in the coming months.”

Fimrite added that the number of properties available for sale rose at the end of last month, “It is usual for more people to consider putting their homes up for sale as we head into spring and summer.” There were 4,100 properties available for sale at the end of March – up from 3,714 properties available at the end of February. Inventory levels are currently ten per cent higher than a year ago.

The average price for single-family homes sold in Greater Victoria last month was $619,275 up from $610,975 in February. The median price rose slightly to $568,500 (up from $564,950)while the six-month average also rose to $625,992. There were 22 single family home sales of over $1 million in March.

The overall average price for condominiums was $325,581 last month, up slightly from $323,844 in February. The average for the last six months also rose slightly to $325,188. The median price for condominiums in March rose to $290,000 (up from $285,444). The average price of all townhomes sold last month rose to $434,626 from $415,591 in February. The median price also rose to $408,150 (up from $393,000) while the six month average declined slightly to $431,975.

MLS® sales last month included 351 single family homes, 172 condominiums, 75 townhomes and 10 manufactured homes.

While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®.

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March 1, 2011

Real Estate Sales Increase in February

The number of property sales throughout Greater Victoria rose in February. Prices remained mixed while the number of properties available for sale also rose. A total of 488 homes and other properties sold in February through the Victoria Real Estate Board’s Multiple listing Service® (MLS®), up from the 339 sales in January. There were 621 sales in February of last year.

Victoria Real Estate Board President, Dennis Fimrite, commented that the increase in February was not unexpected, “It is common to see the market pick up following the December – January holiday period and last month’s significant increase in sales along with relatively stable prices demonstrates ongoing confidence in the market by both buyers and sellers.” Fimrite added that although February’s sales were below the sales totals for February of a year ago, the beginning of 2010 was marked by an unusually strong market that softened as the year progressed. He noted that inventory levels also rose in February, “There were 3,714 properties available for sale at the end of February – up from 3,283 properties available at the end of January. Inventory levels are currently 13 per cent higher than a year ago.”

Fimrite added that despite ongoing concerns about affordability, it’s important to note that a substantial number of homes are selling in the mid-priced range, “Nearly half of the single family homes that sold last month went for under $550,000 while 46 per cent of condominiums last month sold for under $275,000.”

The average price for single-family homes sold in Greater Victoria last month was $610,975 up from $603,401 in January. The median price, however, declined to $564,950 from the previous month. The six-month average rose slightly to $623,389. There were 14 single family home sales of over $1 million in February including one on the Gulf Islands. The overall average price for condominiums was $323,844 last month, up slightly $323,002 in January. The average for the last six months also rose slightly to $320,717. The median price for condominiums in February, however, declined to $285,444. The average price of all townhomes sold last month declined to $415,591 from $447,792 in January. The median price also declined to $393,000 from the previous month, while the six month average declined slightly to $432,194.

MLS® sales last month included 264 single family homes, 134 condominiums, 52 townhomes and 17 manufactured homes.

While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.