Peter's Blog

head_left_image

Victoria BC, Real Estate Single Family Homes Real Estate Market Update Jan.-Sept. 2011.

Victoria BC, Real Estate Single Family Homes

 Real Estate Market Update Jan.-Sept. 2011.
City of Victoria Market Update, Single Family homes Jan - Sept. 2011

Peter and Linda Pfann, are Victoria, BC, Realtors assisting clients (both local and around the world) with buying, selling, investing and retiring in and around your Pfanntastic Greater Victoria, BC Canada Home since 1986 and we are pleased to provide you with the current market statistics for Single Family Homes in Victoria BC.

The Areas and Neighbourhoods Forming The City of Victoria BC Are :
Burnside, Central Park, Down Town, Inner Harbour, Fairfield, Fernwood, Hillside, James Bay, Mayfair, Sears, Rock Bay, Rockland, Songhees, Victoria West, Vic West, Victoria.

The City of Victoria  is an independent Municipality, and is often confused with meaning the entire Greater Victoria area, Named after Queen Victoria Victoria is the Seat for our British Columbia Provincial Government.

Summary Review of the City of Victoria  Single Family Homes Graph's Provided:

  • Compared to the same month Last Year (Slide 1) most Neighbourhoods in The City of Victoria show that Median Prices are holding, The Rockland area remains the highest median priced area in City of Victoria
  • The Spread between Average list and sales Prices in City of Victoria (slide 2) Year to Date, are very close Year to Date, for most areas indicating that sellers are really taking note of their Realtors Recommendations. The slightly bigger spreads between asking and sales price averages are typical of the highest price ranges
  • The 3 year list to sale price average review for the City of Victoria in Slide 3, When asking and sales prices came very close in June 2011, the reaction is almost immediate, (the buyers backed right off and sellers raised their expectations. We caution sellers to not get to optimistic in their expectations (as the Graph also shows) higher asking prices do not result in higher sales prices.
  • With slide 4 one can clearly identify the end of the boom period in in 2008 and the sharp increase of inventory and overall decline in number of sales in The City of Victoria, this relatively high spread is keeping prices level within the City of Victoria, as such there may be some excellent Buyer Opportunities).
  • The Last Slide Reviews the past 3 years listing inventory levels and projects the number of months worth of inventory available in the City of Victoria indicating that Victoria inventory levels are just nudging towards a buyers market, but has maintained a mostly blalnced market for a considerable period of time.

Moving to Victoria?

Here is our Moving to Victoria Resources Page with instant access to curent properties, Relocation information, Jobs, School Information, and many other resources.

Next Steps with your Real Estate Plans Resources

   The City of Victoria BC, property information  included is very area specific, however we do not recommend to use this information to establish the value of your property, as there are just too many details that influence the value of any one property. We would encourage you to contact us for any specific Property Value Estimate Requirements you may have in The City of Victoria

 This Victoria  Market Update Report only covers Single Family Homes, for information about Condominiums, town-homes, Duplexes, investment properties and or any other property or ownership forms, please contact Peter and Linda Pfann, and it will be our pleasure to provide with any required market update information or use our Pfanntastic (online) Free Market Snapshot Tool (see details below the market update information.

Victoria BC, Real Estate Single Family Homes

Real Estate Market Update Jan.-Sept. 2011.

City of Victoria Market Update, Single Family homes Jan - Sept. 2011

City of Victoria Market Update, Single Family homes Jan - Sept. 2011

City of Victoria Market Update, Single Family homes Jan - Sept. 2011

City of Victoria Market Update, Single Family homes Jan - Sept. 2011

City of Victoria Market Update, Single Family homes Jan - Sept. 2011

Victoria Real Estate Market SnapshotPlanning to buy, sell, upgrade, downsize, invest in real estate or relocate to Greater Victoria, and need information about your present or new area of choice?....... No Problem.
Peter and Linda Pfann now offer a FREE Pfanntastic Internet Service, keeping you informed about Greater Victoria Market Activity, includingnew listings, current and recent sales, price adjustments, statistics, graphs and a variety of additional handy real estate tools for your benefit. This absolutely Free no hassle service is completely customized to your specific requirements.
We call it Victoria Market Snapshot, and this amazing little tool will ask you a few questions, and provides you with an updated snapshot of the property type(s), location (s) and real estate market activity as per your requirements.
The Pfanntastic Victoria Market Snapshot Service is Free, The Information is Invaluable, Request Your Victoria Market Snap Shot Right Now!

 

 

 

Peter Pfann,

CPCA, ABR, SRES, E-Pro, IMSD, Master ASA, C-CREC, Associate Broker.

Text or Talk To Peter @: (1) 250 - 213 - 9490  

peterpfann@gmail.com  www.pfanntastic.com

Pfanntastic Properties in Victoria, BC, Canada, @ Fair  Realty Since 1986.

Regional office: 1540 Fort St Victoria, BC V8S 5J2

 

Victoria BC, Real Estate Single Family Homes Real Estate Market…
share
Victoria BC, Real Estate Single Family Homes Real Estate Market Update Jan. -Sept. 2011. Peter and Linda Pfann are Victoria, BC, Realtors assisting clients (both local and around the world) with buying, selling, investing and retiring… more
Saanich WEST BC, Real Estate Single Family Homes Real Estate Market…
share
Saanich WEST BC, Real Estate Single Family Homes Real Estate Market Update Jan. -Sept. 2011. Peter and Linda Pfann are Victoria, BC, Realtors assisting clients (both local and around the world) with buying, selling, investing and… more
Oak Bay BC, Real Estate Single Family Homes Real Estate Market Update…
share
Oak Bay BC, Real Estate Single Family Homes Real Estate Market Update Jan. -Sept. 2011. Peter and Linda Pfann are Victoria, BC, Realtors assisting clients (both local and around the world) with buying, selling, investing and retiring… more
Saanich EAST BC, Real Estate Single Family Homes Real Estate Market…
share
Saanich EAST BC, Real Estate Single Family Homes Real Estate Market Update Jan. -Sept. 2011. Peter and Linda Pfann are Victoria, BC, Realtors assisting clients (both local and around the world) with buying, selling, investing and… more
ABKHAZI GARDEN, Victoria BC, near the Oak Bay Border
share
ABKHAZI GARDEN Victoria BC, near the Oak Bay Border Abkhazi Garden, is a formally privately owned residence and property along Fairfield rd. in Fairfield Victoria BC, Near the Oak Bay border. Tucked away at #1964 is one of those… more
The Land Conservancy of BC, Near Greater Victoria
share
The Land Conservancy of BC, Near Greater Victoria This past week we visited the Abkhazi Garden along Fairfield Rd. in Victoria near the Oak Bay border, a truly amazing beautifully designed and maintained Garden that was purchased by… more
Greater Victoria Real Estate Listing & Sales Activity From…
share
Greater Victoria Real Estate Listing & Sales Activity From September 25, To Octover 02, 2011 "Gonzales Bay, Victoria, BC near the border with Oak Bay, BC, is a Pfanntastic Place to Call Home" Every Week Peter… more
Maturity Matters, Newsletter for Boomers & Seniors in Victoria,…
share
Maturity Matters, Newsletter for Boomers & Seniors in Victoria, October 2011 Every Month, in cooperation with our affiliation as Certified Professional Consultant on Aging we publish and distribute a Newsletter Called "Maturity… more