WINTER IS THE BEST TIME TO SELL-VICTORIA REAL ESTATE INVENTORY IS LOW

By
Real Estate Sales Representative with RE/MAX Camosun Victoria BC Real Estate BC Licence #001159

THIS WINTER IS THE BEST TIME TO SELL YOUR HOME IN VICTORIA WHILE THE  INVENTORY IS LOW

 

Victoria Real Estate Inventory is low, but there still great variety of properties for buyers in the Victoria Real Estate Market, Victoria BC –

Winter is The Best Time to Sell Victoria Real Estate

A total of 772 properties sold in the Victoria Real Estate Board region this February, an increase of 42.4 per cent compared to the 542 properties sold in the same month last year.

 

Inventory levels are lower than the previous year, with 2,562 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of February, 26.4 per cent fewer than the 3,480 active listings at the end of February 2015.

 

Google Fred Carver Personal Real Estate Corporation Victoria to find out more on Victoria BC Real Estate.

Prospective sellers may want to take advantage of the current market conditions.

The market right now is that due to lower inventory levels, this is the best time in the past ten years to list a house. Demand from buyers in most areas is up, but inventory continues to decrease on a year over year basis.

The good news for Victoria home buyers is that pricing remains competitive and there are New listings coming onto the market every day.”

 There are real estate microclimates in Victoria. Different areas have different levels of demand and ability to meet that demand.

Though properties are selling everywhere, what to expect in terms of value and time to sell may differ depending on your area and the type of property.

Now more than ever it’s important to work with a REALTOR® to understand the market and track the activity.”

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core last year in December was $616,700. The benchmark value for the same a home in January 2016 has increased by 3.56% to $638,700.

Victoria Real EstateMarch can be a great time to list and sell your home with less competion from other homes for sale. Be ready for the Spring Market of New Listings

Call Me today and lets talk about the advantages of listing your home for sale during the holiday season...it can take 2-5 months for completion and possession. In a perfect home selling world this makes sense to be sold and ready to buy in the late Spring  when the listing inventory starts to climb.

Fred Carver Personal Real Estate Corporation Victoria Oak Bay Gordon Head Saanich Fairfield

 

THIS WINTER IS THE BEST TIME TO SELL YOUR HOME IN VICTORIA WHILE THE  INVENTORY IS LOW

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HAVE YOUR BEST YEAR EVER IN 2015 !

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  "Selling Victoria Residential & Income Producing Properties since 1971"

 

Cheers

Fred Carver

Personal Real Estate Corporation

RE/MAX Camosun
Accredited Consultant in Real Estate®

“Recognized by ActiveRain as a 2013-2014 Top Contributor for Real Estate Blogging.”

Direct 250-598-2963   

Over 40 Years Experience selling Real Estate does make a Difference.. call Fred today to Put his 40 years experience to work for You.

4440 Chatterton Way, Victoria, BC V8X 5J2
Calling from Out Of Town? Call Toll Free 1-800-663-2121

Find Hundreds of Home For Sale in Victoria BC

Post Copyright © 2016 By Fred Carver Real Estate Corporation All Rights Reserved

Fred Carver Top Realtor Victoria BC

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