{"id":735,"date":"2013-06-03T23:34:37","date_gmt":"2013-06-04T06:34:37","guid":{"rendered":"http:\/\/www.ingridjarisz.com\/blog\/?p=735"},"modified":"2013-06-03T23:36:10","modified_gmt":"2013-06-04T06:36:10","slug":"second-quarter-strength-in-greater-victoria-real-estate-market","status":"publish","type":"post","link":"https:\/\/www.ingridjarisz.com\/blog\/second-quarter-strength-in-greater-victoria-real-estate-market\/","title":{"rendered":"SECOND QUARTER STRENGTH IN GREATER VICTORIA REAL ESTATE MARKET"},"content":{"rendered":"
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Greater Victoria real estate sales for May are identical to the same period one year ago: 659 properties sold on the MLS\u00ae System.\u00a0\"image003\"<\/a><\/p>\n

\u201cWe are continuing to see improved consumer confidence in the marketplace,\u201d says Shelley Mann, President of the\u00a0Victoria Real Estate Board<\/a>. \u201cOur Members are much busier with showings and writing offers, but say they are working harder to help their clients satisfy stricter lending rules. This quarter is definitely much stronger than\u00a0the first quarter of 2013.\u201d<\/p>\n

Buyers remain price sensitive. \u201cHomeowners who are pricing their properties competitively, not expecting the higher sale prices of 2008, are selling their homes,\u201d Mann says. \u201cWith 4,783 active listings, buyers have plenty to choose from. With higher sales volumes and a reasonable inventory level, Greater Victoria continues to edge towards a balanced market.\u201d<\/p>\n

There were 384 single family homes sold in May at a median price of $515,000, down 3.4% over May 2012 at $533,000. Condominium sales were 142 at a median price of $289,500 and 68 townhomes sold at a median price of $400,000. \u201cWith average and median prices fluctuating on a monthly basis, it\u2019s more important than ever for consumer to consult a REALTOR\u00ae,\u201d Mann says.<\/p>\n

Total Waterfront Single Family Dwellings sold: \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 18,\u00a0<\/b>up 3 over May 2012<\/p>\n

Total Non-waterfront Single Family Dwellings sold:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0366,<\/b>\u00a0down 7 over May 2012<\/p>\n

Single Family Dwellings sold over $1 million: \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a018\u00a0<\/b>(2 over $2 million)<\/p>\n

\"statisticalsummary\"<\/a><\/p>\n\n\n\n
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Summary Report and Graphs<\/strong> <\/p>\n

Monthly Sales Summary<\/a>
\nAverage Selling Price Graphs<\/a>
\nActive Listings, New Listings and Sales Graphs<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

While the use of average price information can be useful in establishing trends when applied over a period of time, e.g. six months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of a property in a particular neighbourhood. Those requiring specific information on property values in their area should contact a\u00a0REALTOR\u00ae.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Greater Victoria real estate sales for May are identical to the same period one year ago: 659 properties sold on the MLS\u00ae System.\u00a0 \u201cWe are continuing to see improved consumer confidence in the marketplace,\u201d says Shelley Mann, President of the\u00a0Victoria Real Estate Board. \u201cOur Members are much busier with showings and writing offers, but say  Continue Reading »<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/735"}],"collection":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/comments?post=735"}],"version-history":[{"count":15,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/735\/revisions"}],"predecessor-version":[{"id":755,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/735\/revisions\/755"}],"wp:attachment":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/media?parent=735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/categories?post=735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/tags?post=735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}