Saanich West, Single Family Homes Real Estate Market 2011 Year in Review.
Saanich West Is Located Just North of Esquimalt and Victoria, and West of the Pat Bay Highway, and combined with Saanich East is the Largest Municipality in Greater Victoria.
Reviewing Single Family Home Market Activity In Saanich West for 2011:
- 28 Fewer Listings during the year, on 606 listings is 4.5 % fewer
- 20 Fewer Sales during the year in Saanich West, (6.57 % fewer)
- 50.17 % of all Listings Sold (down 0.93 % from 2010)
- The Average time on the Market for the Homes that did sell increased by 17 days.
- In General for Saanich West 2011 was very much a treading water type year, with not too many significant changes in so far as the numbers of listings and sales.
Reviewing Single Family Home Market Value Activity for the Saanich West for 2011:
- Average Sales Prices Increased Modestly by little over 4.18%,
- The Median Sale Price Increased by a bit over 7.14 %)
- The Spread between List & Sale Prices Decreased Slightly (1.09 %)
- 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 Increase in Saanich West Sales Prices is an indicator that people are recognizing Saanich West for the reasonably good value that it represents in Greater Victoria.
- 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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