{"id":869,"date":"2013-10-01T15:47:53","date_gmt":"2013-10-01T22:47:53","guid":{"rendered":"http:\/\/www.ingridjarisz.com\/blog\/?p=869"},"modified":"2013-10-01T15:47:53","modified_gmt":"2013-10-01T22:47:53","slug":"home-sales-bolstered-by-proper-pricing-in-greater-victoria","status":"publish","type":"post","link":"https:\/\/www.ingridjarisz.com\/blog\/home-sales-bolstered-by-proper-pricing-in-greater-victoria\/","title":{"rendered":"Home Sales Bolstered by Proper Pricing in Greater Victoria"},"content":{"rendered":"

\"stats\"<\/a><\/span>VICTORIA, BC\u2013Finishing up the strongest third quarter since 2009, the <\/span>Victoria Real Estate Board<\/span><\/a> reports that properly priced homes are selling which, along with reduced inventory levels, contributed to favourable market conditions. Q3 sales totalled 1,610, a year-over-year increase of nearly 15 per cent.<\/span><\/span><\/span><\/p>\n

On a monthly scale, total real estate sales in Greater Victoria were up 16 per cent in September 2013 over September 2012. A total of 487 properties sold last month, finishing off a strong third quarter. Residential sales increased by 15 per cent year-over-year, while active listings decreased by 9.5 per cent year-over-year to 4,547.<\/span><\/span><\/span><\/p>\n

\u201cLast year at this time, sales volumes were being undermined by the amortization changes,\u201d says Shelley Mann, Board President. \u201cThis year is following a more historic pattern. Properly priced homes are selling and as a result consumers are responding.\u201d<\/span><\/span><\/span><\/p>\n

Mann adds that while sales increased over the last four months, prices remained flat. \u201cWe don\u2019t expect any significant price increases in the near future,\u201d she says. \u201cOur provincial economist noted that while unit sales are recovering, the weak economy bears watching.\u201d<\/span><\/span><\/span><\/p>\n

There were 279 single family homes sold in September, an increase of 29 per cent over September 2012, while the median price of $523,900 is up just over one per cent year over year from $517,500. There were 105 condominium sales with a median price of $271,500 and 60 townhomes sold at a median price of $352,750. <\/span><\/span><\/span><\/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\u00a019, <\/b>up 1 over September 2012 <\/span><\/span><\/span><\/p>\n

Total Non-waterfront Single Family Dwellings sold:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 260,<\/b> up 62 over September 2012<\/span><\/span><\/span><\/p>\n

Single Family Dwellings sold over $1 million:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a012 <\/b>(1 over $4 million)<\/span><\/span><\/span><\/p>\n

September 2013, MLS\u00ae Real Estate Sales, and Average and Median Prices, Greater Victoria<\/span><\/b><\/p>\n

\"statisticalsummary\"<\/a>SFD = Single-family Dwelling<\/p>\n

Summary Report and Graphs<\/strong><\/p>\n

Monthly Sales Summary<\/a><\/p>\n

Average Selling Price Graphs<\/a><\/p>\n

Active Listings, New Listings and Sales Graphs<\/a><\/p>\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 REALTOR\u00ae.<\/p>\n","protected":false},"excerpt":{"rendered":"

VICTORIA, BC\u2013Finishing up the strongest third quarter since 2009, the Victoria Real Estate Board reports that properly priced homes are selling which, along with reduced inventory levels, contributed to favourable market conditions. Q3 sales totalled 1,610, a year-over-year increase of nearly 15 per cent. On a monthly scale, total real estate sales in Greater Victoria  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":[32,33,8,5,4,34],"tags":[10,21,36,15,35,13,9,14],"_links":{"self":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/869"}],"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=869"}],"version-history":[{"count":13,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/869\/revisions"}],"predecessor-version":[{"id":885,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/posts\/869\/revisions\/885"}],"wp:attachment":[{"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/media?parent=869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/categories?post=869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ingridjarisz.com\/blog\/wp-json\/wp\/v2\/tags?post=869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}