Greater Victoria Average Single Family Home Prices as at Oct 2013
Below is an overview of the Greater Victoria Average Single Family Home Prices as at October 2013
With 250 single family homes sold inside the typical Greater Victoria catchment, compared to 199 last year, we are certainly looking a bit more active, however the average prices for single family homes in the Greater Victoria region are only slightly higher from just below $ 600,000 to now marginally over $ 600,000. Keeping in mind that average prices on a monthly base often are affected by very limited data.
Here are the Single Family Home Average Sale Prices in the Greater Victoria Region for the past 2 years, which shows you some of the wild swings on a monthly base, while the annual averages more or less have remained stable.
Although we appear to be on the recovery trail with our Greater Victoria Real Estate Marketplace as far as the number of sales, the Greater Victoria average single family home prices have not moved much if anything over the past months. Data received from the VREB statistics.
It’s never a good idea to use community average prices as an indication of the value of your own property, as each is unique and requires comparison with recent and truly comparable sales to provide you with a realistic property value estimate.
If and when you want to know what your property is worth, and how much you’ll save compared to the traditional (high) fee agents you really owe it to yourself to talk to Peter Pfann and request your Free Market Evaluation for your property.
To give you one example, lets suppose your home sold near the current Greater Victoria average single family home price of say $ 600,000, using a traditional (high) fee agent, you would pay approx. $ 21,000 in real estate fees, however by allowing Peter Pfann to assist you as your agent, you would pay only $ 6,900 for the same or better service and results and save approx. $ 14,100 and as a result be able to use these extra funds for anything you want, put more money down on the next home, add the funds to your savings, do upgrades in the new home, or take a well deserved vacation…..
Remember, a dollar saved in net proceeds from your home sale is truly a dollar extra in your pocket, as it is TAX FREE….