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condos: The Greater Victoria Real Estate Sales and Prices Softened in July - 08/03/11 10:07 AM
The Victoria Real Estate Board’s Multiple Listing Service® confirmed a total of 523 homes and other properties sold in July. This was down from 618 sales in June, but close to the sales in July of last year. Overall prices declined throughout all major property types. In July the average price for a single family home was $581,117 down from $629,292 in June, with 13 single family home sales of over $1 million, including two on the Gulf Islands. Some average prices for individual types of property are as follows: The overall average price for condominiums last month was $315,371, down … (4 comments)
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condos: Victoria BC Real Estate Sales Soften in April 2011, Prices Remain Steady - 05/03/11 11:04 AM
As sales in Victoria softened in April but prices remained steady, townhouses and condos showed an increase.
The Victoria Real Estate Board President commented that the steady prices reflect ongoing stability in the market. Tighter credit conditions and an anticipated higher mortgage rate have had a subtle effect on the market, with prices expected to remain flat and stable, at least for the time being.
The average price for a single family home in April was $615,533, with the median price at $556,000. The number of sales over $1 million was 18.
The average price for condos was $353,858 with … (0 comments)
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condos: Real Estate Stats for March 2011 in Victoria, BC - 04/03/11 11:11 PM
Real Estate Activity Picks up in the Greater Victoria Area in March
Property sales in Greater Victoria rose in March. 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 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 … (2 comments)
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condos: House Affordability in Canada ... - 01/27/11 11:48 AM
A recent survey on house prices in 35 Canadian cities shows large differences between areas, Provinces and cities.
The survey shows that for a housing market to be rated “affordable” the ratio of price to income can’t exceed 3 to 1, a level met by half of the 35 Canadian cities surveyed.
Here are some of those results, according to data from the third quarter of 2010:
** Windsor, Ontario is very affordable, where the average price of a home was $145,000. This is 2.1 times the average median income of $68,900
** Vancouver, British Columbia is the least … (0 comments)
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condos: Fantastic 2BR 2BA Condo with Gorge Waterway Views - 03/11/10 10:14 AM
*** NOW PENDING SALE ***
Superb 2 br 2 full bathrooms Condo built 2007, conveniently located and in immaculate condition.
This open plan top floor quiet corner Condo shares only 1 common wall (a closet). It's just like Penthouse living, complete with own deck, huge common rooftop patio and great views of the Sooke Hills and Olympic Mountains.
All rooms are bright and airy, with laminate flooring and wall-to-wall carpeting in bedrooms. The master bedroom boasts an en-suite and walk-in closet. In-suite laundry, secure underground parking and storage complete this desirable unit.
Walk to the beautiful Gorge Waterway, … (2 comments)
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condos: August 2009 Property Stats for Victoria, BC - 09/13/09 05:57 PM
Property Sales in August Follow Usual Summer Trend September 1, 2009
The number of property sales in the Greater Victoria area slowed during August but sales were again significantly higher than a year ago. Prices, meantime, remained stable with some increase for single family homes. A total of 764 homes and other properties sold in August through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), down from the 933 sales in July but up 48 per cent compared to the 517 sales in August of last year.
Victoria Real Estate Board President, Chris Markham, says it is usual for … (0 comments)
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condos: Victoria BC Real Estate is Still Buoyant - 05/05/08 03:00 PM
I was just reading about real estate sales in Toronto. Everyone has been predicting a down-turn to follow the USA but an article by Lynda Leatherdale used a condo development at Bloor & Yonge to show that is not happening. The penthouse suites were priced at 2 million when they first went on the market and now they are up to 8 million and the building has not even started yet !!!!!! Are the same investment opportunities available in Victoria?
Here is what the Victoria Real Estate Boards stats show:
The average price of all condominiums sold in April was $325,975; the average for … (0 comments)
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David Stevens
Victoria,
BC
More about me…
Royal LePage Coast Capital Realty, Victoria BC Canada
Address: 110-4460 Chatterton Way, Victoria, BC, V8X 5J2
Office Phone: (250) 477-5353
Cell Phone: (250) 893-1016
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