Fred Carver Victoria Real Estate Blog by Fred Carver

Victoria Real Estate Prices Remain Stable in July

Throughout Greater Victoria BC July Real Estate Sales Slowed a lttile, normal for the Summer months, However Home Sale Prices continue to Remain Stable.

In July 2008 Victoria Single Family home sales Slowed and prices remained stable with Saanich East the leader of the pack with 73 single family homes sales with an average selling price during the month of July of $595,868 Oak Bay saw 16 home sales with an average selling price of $926,025 Victoria saw 43 home sales with an average selling price of $582,566 Victoria West saw 2 home sales with an average selling price of $529,500
Saanich West saw 34 home sales with the average selling price of $517,319 Esquimalt saw 16 home sales with the average selling price of $432,456 Central Saanich saw 19 home sales with the average selling price of $659,000 North Saanich saw 12 home sales with the average selling price of $712,125 ..(read more)

Now You Can View Victoria Homes For Sale with Our New Bird's Eye View

VREBMatrix. is our New MLS system for Victoria Realtors.

We offically had a soft lanch last Thursday (July 3/06) Several of us monitored and assisted our MLS computter staff with Glitches and to unsure a smooth start for the 1400 + members of the Victoria Real Estate Board. One of our biggest challeges was convering our Client Search databases into the new Matrix system, and it has gone over well. I already have many Buyers commenting on the New Automated Listing search program, especialy the new Aerial Mapping feature from Microsoft Virtual Earth called Bird's Eye View. On ther Map Button, not only can Buyers clients look at a map location, but also four areial views of the subject listing and the surrunding neighbourhood. My Buyer and Seller Clients are very excuited about the New Aerial Photo option for Buyers to preview listings.

If You are looking for a New home in Victoria?
Now you can do so from the comfort of your ..(read more)

Fairfield Real Estate Market Update July 2008

We here at Fred Carver Real Estate Marketing Re/Max Camosun continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Fairfield Victoria real estate statistic for July 4, 2008. New listings homes, condo’s and townhouses New to the market in July= 2 Number of new pending sales= 13 Number of Sold’s (completed sale last 30 days)= 2 Number of homes expiring last 30 days= 6 Current Pending Sales -Average days on the market= 30 Year to-date (03/13/07 to 03/13/08) Activity: Solds = 326 Total Pending = 37, (Pending Average Days on the Market= 42, Current Active listings of homes, condo’s and townhouses = 50) Average Current Pending Selling Price in Fairfield : Single family homes in June = $731,166 (median $744,500) from 6 new sales DOM 30. Condo & Townhouse in June= $371,257 (median $322,000) from 8 new sales DOM 27 Go Here to find the value of your ..(read more)

Current Real Estate Inventory Supply in Victoria

As of June 10, 2008

GREATER VICTORIA REAL ESTATE SALES AND INVENTORY SUPPLY

YTD Sales for Single Famly Homes =5427 YTD Sales for Condo's and Townhouses = 3851 YTD Sales for Lots = 439

Current Inventory for Single Family Homes = 1944 Equals 2.8 month supply Current Inventory for Condo's and Townhouses = 1630 Equals a 2.4 month supply Current Inventory of Lots = 588 Exceeds a one year supply.

Source: VREB

Victoria Returning to a Balanced Real Estate Market

June, 2008 With a return to a balanced real estate market, home buyers in the Victoria area now have a much larger pool of properties from which to choose. The number of properties available for sale increased to 4,332 in May - a 25 % increase over the same month a year ago and the highest level since June 1998. Victoria Real Estate Board President, Tony Joe, notes that despite this increase, prices and sales remain stable although the number of sales is down compared to a year ago. "There was a total of 770 sales of homes and other properties in May through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), virtually unchanged from the 768 sales in April but down from the 963 sales in May of last year." Joe noted that a significant number of new properties came on the market last month: "There were 1,850 new listings in May - the highest number for a single month in over 18-years". Joe added that 24 sales over $1 million had an ..(read more)

Saanich East Luxury and Waterfront Real Estate Market Report

We here at Fred Carver Real Estate Marketing Re/Max Camosun continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Victoria’s Saanich East District report on Luxury Waterfront Home Listing and Sales Activity May 27, 2008. Luxury Waterfront homes in Saanich East, currently on For Sale= 24 Number of Pending Waterfront home sales in Saanich East= 4 Number of Sold’s (completed sales in 2008) = 5 Current Saanich Waterfront Average Selling Price = $1,837,888 Number of Luxury Waterfront homes expiring in last 30 days= 3 Current Pending Luxury Waterfront Sales -Average days on the market= 26 Year to-date (05/27/07 to 05/27/08) Activity: Solds = 20 Pending = 4 Year To Date Saanich East Waterfront real estate Average Selling price = $1,532,530, average days on the Market = 41 days. If you would like a list of Luxury and Waterfront homes for sale in ..(read more)

Oak Bay Real Estate Market Review

We here at Fred Carver Real Estate Marketing Re/Max Camosun continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Oak Bay real estate market review for May 25, 2008. New Listings Homes, Condo’s and Townhouses this week = 15 Total Number of Active Listing = 129 Number of NEW Pending sales= 4 Number of Sold’s this week (completed sale) = 3 Number of homes expiring this week= 0 Current Pending Sales -Average days on the market= 54 Year to-date (05/25/07 to 05/25/08) Activity: Solds = 314 Pending = 62, (Pending Average Days on the Market= 33) Pending average selling price = $946,629 Year to Date Average Selling Price of homes = 307 Sales YTD Average Selling Price $907,300
To find the value of your home visit www.fredcarver.com If you would like a free list of homes for sale in this neighborhood, and would like more information about Oak Bay or would ..(read more)

Fairfiled Real Estate Victoria BC Market Update

We here at Fred Carver Real Estate Marketing Re/Max Camosun continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Fairfield real estate statistic for the week ending May 25, 2008. Current active listings: homes, condo’s and townhouses on the market= 73 Number of Total pending sales= 44 New Listings this week: 10 New Pending Sales this week: 5 Number of Sold’s this week (completed sale)= 0 Average Single Family Home Selling price this week: $711,000 Average Condo/Townhouse Selling Price this week: $329,250 Number of homes and condo’s listings expiring this week = 0 Current Pending Sales -Average days on the market= 8 Summary Year to-date (01/27/07 to 01/27/08) Activity: Solds = 255 Pending = 43 Average SF Selling Price YTD: $697,568 Average DOM 35 Average Condo/Townhouse Selling Price YTD: $324,672 Average ..(read more)

Turn Of The Century Heritage Home For Sale in James Bay Victoria BC

Turn of the Century 1909 Designated Heritage Bungalow.Built by early Victoria home builder John LeFevre . Recently the current owners successfully operated a B&B for 15 years and since retired. The Property is zoned for a B&B if you wish to continue, or live here in a grand family home. Loads of 1900 Charm and character has been maintained throughout. Offering 4 Bedrooms and 5 baths. Grand Living Room with and a feature Old Coal fireplace, entertain in your Family size formal 20’ x 13’ Dining room, beam ceiling still in place. If you are looking to own a charming turn of the century Quality built home, this is a once in a lifetime opportunity to step back in time. The Home has well maintained with wiring and plumbing updates plus more. Located one block from James Bay Shopping, easy walk to downtown or the Victoria waterfront. Excellant Buy, priced below ..(read more)

Colwood Victoria Real Estate Market Review

Colwood Real Estate Weekly Review We here at Fred Carver Real Estate Marketing Re/Max Camosun continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Colwood district of Victoria real estate review April 5, 2008. Current listings: homes, condo’s and townhouses on the market= 158 Number of Total pending sales= 65 New Listings this week: 13 New Pending Sales this week: 4 Number of Sold’s this week (completed sale)= 22 Average Single Family Home Selling price this week: $533,500 Average Days on Market= 36 Average Condo/Townhouse Selling Price this week: $498,000 Number of homes and condo’s listings expiring this week = 1 Average SF Selling Price YTD: $503,879 Average DOM 36 Average Condo/Townhouse Selling Price YTD: $351,841 Average DOM ..(read more)

New Listing.. SE Corner 2 Bed 2 Bath Condo in Clarence House in James Bay $399,900

Call Fred Carver today to arrange previewing!

305-350 Belmont Rd One Bedroom Condo For Sale Victoria BC $153,900

Sorry SOLD Large one bedroom Condo in Colwood, Victoria BC. Just recently and nicely updated throughout, rentals and small cat or dog allowed. Great starter home, nothing to do, New vinyl thermal Windows in 2007, new tile flooring, recent paint throughout in 2006 and new bathroom fixtures, Bright and cheers Condo, with a West facing balcony, Common Laundry room, parking at the front door, Great Value, hurry call Fred Carver to view 250-598-2963. View inside anytime with our Virtual Tour

Fairfield District of Victoria March Real Estate Market Report

We here at Fred Carver Real Estate Marketing Re/Max Camosun continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Fairfield Victoria real estate statistic for March 1, 2008 to March 17, 2008. New listings homes, condo’s and townhouses New to the market in March= 19 Number of new pending sales= 15 Number of Sold’s (completed sale)= 5 Number of homes expiring= 2 Current Pending Sales -Average days on the market= 60 Year to-date (03/13/07 to 03/13/08) Activity: Solds = 326 Total Pending = 37, (Pending Average Days on the Market= 42, Current Active listings of homes, condo’s and townhouses = 50) Average Current Pending Selling Price in Fairfield : Single family homes in March = $982,285 (median $840,000) from 7 new sales DOM 44. Condo & Townhouse in March= $317,400 (median $311,750) from 8 new sales DOM 35 Go Here to find the value of your home If ..(read more)

Oak Bay Real Estate Current Market Review

We here at Fred Carver Real Estate Marketing Re/Max Camosun continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Oak Bay real estate statistic for March 1, 2008 to March 13, 2008. New listings homes, condo’s and townhouses New to the market in March= 20 Number of new pending sales= 10 Number of Sold’s (completed sale)= 2 Number of homes expiring= 2 Current Pending Sales -Average days on the market= 25 Year to-date (03/13/07 to 03/13/08) Activity: Solds = 315 Total Pending = 40, (Pending Average Days on the Market= 43, Current Active listings of homes, condo’s and townhouses = 79 Average Current Pending Selling Price in Oak Bay : Single family homes in March = $814,687 from 8 new sales. Condo & Townhouse in March= $381,250 from 2 new sales
Go Here to find the value of your home If you would like a free list of homes for sale in ..(read more)

Febraury Sales Good, But Less Than a Year Ago

The number of sales of homes and other properties in the Greater Victoria area moderated in February. There were 619 sales through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) in February, down from the 707 sales in the same month a year ago. There were 464 sales in January. Victoria Real Estate Board President, Tony Joe, says the market continues to be well-balanced with strong demand for homes that are realistically priced coupled with a growing selection of available properties for sale. "The total number of properties available for sale rose to 3,311 in February - a 13 per cent increase over February of last year," noted Joe. Last month over 27 per cent of single family homes sold for under $450,000 while nearly 37 per cent of condominiums sold for under $275,000. At the higher end of the market, Joe noted that there were nine sales in Greater Victoria and one sale on the Gulf Islands of over $1 million. The average price of single ..(read more)