Saanich East, Single Family Homes Real Estate Market 2011 Year in Review
Saanich East Is Located Just North of Oak Bay and Victoria, and East of the Pat Bay Highway, and combined with Saanich West is the Largest Municipality in Greater Victoria.
Reviewing Single Family Home Market Activity In Saanich East for 2011:
- 30 More Listings during the year, on 1249 listings is less than 2.5 % 5 More Sales during the year in Saanich east,
- 52.52 % of all Listings Sold (down 0.89 % from 2010)
- The Average time on the Market for the Homes that did sell increased by 4 days.
- In General for Saanich East 2011 was very much a treading water type year, with not no many significant changes in so far as the numbers of listings and sales.
Reviewing Single Family Home Market Value Activity for the Saanich East for 2011:
- Average Sales Prices Declined Modestly by little over 6.18%,
- The Median Sale Price Declined by a bit over 7.35 %)
- The Spread between List & Sale Prices Increased Slightly (0.23 %)
- Some Neighbourhoods did see significant Changes in sales value results, but with a limited data sample (anything less than 5% of the total number of sales in a community) these numbers are not reliable value indicators for the area.
- The Overall Decrease in Saanich East Sales Prices is consistent with most areas in Greater Victoria.
- We feel confident that In Saanich East we are at or even past the lowest point in the Market place.
- City of Victoria Single Family Homes Real Estate Market Review of 2011
- Oak Bay Single Family Homes Real Estate Market Review of 2011
- Esquimalt, Single Family Homes Real Estate Market 2011 Year in Review
- Saanich East, Single Family Homes Real Estate Market 2011 Year in Review
- Saanich West, Single Family Homes Real Estate Market 2011 Year in Review
- Saanich Peninsula, Single Family Homes Real Estate Market 2011 Year in Review
- West-Shore, Single Family Homes Real Estate Market 2011 Year in Review
- Greater Victoria Strata Homes, Real Estate Market 2011 Year in Review
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