Category Archives: MLS Sales Stats
Market Activity Follows Traditional Real Estate Cycle in Greater Victoria
Written on April 2, 2013 at 2:47 pm, by Ingrid Jarisz
Greater Victoria’s real estate market is following tradition with a spring upswing in activities with month-over-month increases in showings, new listings and total sales. The Victoria Real Estate Board reports a total of 483 sales processed through the Multiple Listing Service (MLS®) in March 2013, an increase of 23% over the previous month. Sales figures Continue Reading »
Victoria’s Feb 2013 Average House Price of $463,265 Is Virtually Unchanged From Feb 2012
Written on March 15, 2013 at 1:54 pm, by Ingrid Jarisz
BC Real Estate Association reports that February BC home sales continued at modest pace & pent-up demand is growing. Victoria’s February 2013 Average House Price of $463,265 is virtually unchanged from 2012’s average of $464,570 (down only -0.3%) and our listing volume has only increased 4% over February 2012 to 3,252 overall residential listings, even Continue Reading »
Spring Perks Up Greater Victoria Real Estate Market
Written on March 3, 2013 at 10:18 am, by Ingrid Jarisz
VICTORIA BC – The Victoria Real Estate Board reports a total of 394 sales were processed through the Multiple Listing Service (MLS®) in February, an increase of 34% over the previous month. The highest activity was in single-family homes and condominiums. Compared to February 2012, sales were down by 18.26%. Shelley Mann, President of the Continue Reading »
Sales Down but Prices Hold in Greater Victoria Real Estate Market
Written on February 1, 2013 at 4:14 pm, by Ingrid Jarisz
VICTORIA BC – A slow start to the year in Victoria’s real estate market is evidence that buyers are continuing to wait for prices to drop. Although January 2013 sales are 27% lower than January 2012, the six-month average price for a Greater Victoria home is only down 1% for the same period. “We are Continue Reading »
2012 Ends on a Steady Note for Victoria Real Estate Market
Written on January 2, 2013 at 10:20 am, by Ingrid Jarisz
VICTORIA BC – Victoria’s real estate market ended 2012 with relatively flat pricing when compared to 2011, along with similar sales numbers for the third consecutive year. Total MLS® sales in December 2012 were 283, a 17% decrease over December 2011 when 339 units sold. A different picture is told, however, when comparing full years, Continue Reading »
Victoria Real Estate Sales Slow but Steady in Buyers’ Market
Written on December 13, 2012 at 10:01 am, by Ingrid Jarisz
VICTORIA BC – While the number of single-family home sales has held relatively steady over the last three months, Greater Victoria REALTORS® are noting a year-over-year decrease that coincided with tighter mortgage regulations imposed in July of this year. Amortization periods were reduced to 25 years for high-ratio buyers – those with less than 20% Continue Reading »
FEDERAL MEASURES MAKE IMPACT ON VICTORIA REAL ESTATE MARKET
Written on November 1, 2012 at 3:26 pm, by Ingrid Jarisz
VICTORIA, BC—While prices held steady through most of the Greater Victoria region’s real estate market in October, government lending regulations have had the desired “cooling effect” on year-over-year sales numbers. Total MLS® sales for October 2012 were 373 compared to 483 in October 2011. During the month, 211 single family homes sold throughout the Victoria Continue Reading »
Victoria Real Estate Market at a Standoff as Prices Remain Steady
Written on October 1, 2012 at 3:52 pm, by Ingrid Jarisz
VICTORIA BC – REALTORS® across Vancouver Island are experiencing a “wait and see” attitude amongst buyers and sellers alike. The result? Prices remain steady but sales numbers are down in some categories. Total MLS® residential sales for September 2012 were 400 compared to 435 in September 2011. During the month, 216 single family homes sold Continue Reading »
A STEADY, FLAT REAL ESTATE MARKET CONTINUES IN GREATER VICTORIA
Written on September 4, 2012 at 3:39 pm, by Ingrid Jarisz
VICTORIA, BC— The August real estate market continues to be steady and flat, considered by the Victoria Real Estate Board to reflect the “wait and see” attitude its Member REALTORS® are hearing from the buying public. Total MLS® residential sales for August 2012 was 462 compared to 542 for the same period in 2011. During Continue Reading »
Activity Continues in Favourable Victoria Real Estate Market Conditions
Written on August 1, 2012 at 11:29 am, by Ingrid Jarisz
VICTORIA BC – Real estate activity continues to be steady in Greater Victoria, reflecting favourable conditions attributed to stable pricing, low interest rates and good selection. Total MLS® sales for July 2012 were 523 compared to 523 for the same period in 2011. During the month, 293 single family homes sold throughout the Victoria Real Continue Reading »
