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Greater Victoria, Real Estate Inventory Review as at April 24, 2011

Greater Victoria, Real Estate Inventory Review as at April 24, 2011

Victoria, Saanich, Esquimalt, Real Estate,  Current Listings Snapshot

Long House at Thunderbird Park, Downtown Victoria, Next to Royal BC Museum

Current Real Estate Inventory For Sale in Greater Victoria

1

Single Family Homes

2102

2

Strata Duplexes and Town homes

510

3

Condominiums

1058

4

Revenue Duplexes, Tri-Plexes, 4 Plexes

14

5

Manufactured Homes and Mobile Homes

127

6

Recreational

20

 

As you can see above from our Weekly Available MLS Real Estate Inventory update for Greater Victoria BC, there are many options available to choose from.
Keep in mind that these are all the available property options in all of the areas in and around Greater Victoria, without limitations and ignoring location, size and prices. 
In addition, Sales in the Victoria Real Estate Board are not reported until all conditions (Subject To's) are removed, so many of the listings may in fact have accepted offers on them (with subjects), but may not technically be available for sale anymore.
Let’s dissect the current listing inventory a little more and look at what types of homes are currently available in some of the various popular areas in and around Greater Victoria.

Property Type

Core

Westshore

Peninsula

Islands

Malahat

Up Island

1. SFD

645

610

231

312

203

100

2. Dup & TH

186

193

73

35

2

21

3. Condo’s

691

250

99

3

3

12

4. Rev Dup

8

3

0

1

0

2

5. Mobile

13

61

27

5

20

1

6. Rec.

8

1

0

5

2

2

Totals

1551

1118

430

358

250

138

 

Last week total inventory was 3720 active listings, this week total inventory is 3845 for an increase of 125 additional properties for sale in Greater Victoria or approx. 3.5% increase in one week.

When we compare to this the past weeks sales (199) and properties removed (103, due to cancelation and or expired) from the market by 302 properties, we can see that although the market sales are at a reasonable pace, inventory is building fairly rapidly which is not out of the ordinary for this time of the year, but does give some cause for prices to remain the same or even be reduced by the more motivated sellers....


Victoria, Esquimalt, Saanich, Greater Victoria, Real Estate Market Watch

The Greater Victoria, Core Covers:
Victoria, Victoria West, Oak Bay, Esquimalt, View Royal, Saanich (East and West).  
The Greater Victoria, Westshore Covers:
Langford, Colwood, Highlands, Metchosin, Sooke (incl. Port Renfrew). 
The Greater Victoria, Peninsula Covers:
Central Saanich, North Saanich, Sidney.  
The Greater Victoria, Islands Covers:
Galiano, Mayne, Moresby, Pender, Piers, Prevost, Salt Spring, Saturna, Sidney, and other Gulf Islands.  
Malahat Area Covers:
Cobble Hill, Mill Bay, Shawnigan Lake, Malahat Proper. 
Up Island Area Covers:
All areas Beyond Mill Bay and Cobble Hill (listings in this area are also and more completely covered by the Vancouver Island Real Estate Board.

Description: Victoria Real Estate Market SnapshotIf you are considering to buy or sell real estate in and around greater Victoria, and want to know more about your area of choice or where your current property is, We also offer a Pfanntastic Web based Tool, that will keep you informed about Market activity  (new listings, sales and adjustments) stat, graphs and a variety of additional handy tools for your benefit.

We call it Victoria Market Snapshot, and this amazing little tool will ask you a few questions, and will then provide you with a monthly snapshot of  the property type(s), location (s) and activity by emailing you a quick link to this totally personalized tool. This Pfanntastic Market Snapshot Service is Free, the information is Invaluable, and will provide great insight and assistance in achieving your real estate objectives.

Be sure to also check out our Full access MLS Personalized Property Searches that will inform you by email of any new and or updated listings according to your personal requirements. 

Description: Victoria Real Estate Market Watch Click Here For Access to all the MLS listings,

 

Peter & Linda Pfann, Selling Pfanntastic Victoria Homes Since 1986This Information was provided to you compliments of Victoria BC Realtors, "Peter and Linda Pfann", Certified Professional Consultant on Aging (CPCA)®.  CPCAs are committed to providing exceptional service, and have supplemented their professional training by learning about the unique and changing needs of the 50+ population.

Make sure that the professionals serving you have taken the time and made the commitment to learn more about YOU!  To find CPCAs in good standing in your area, go to www.CPCAcanada.com.
 or www.pfanntastic.com  and www.victoriasm.com.  To Find additional Victoria, BC, Canada, Senior Focused Resources, please visit "The Elder Friendly Community Network"  at www.efcn.ca.

 To Find out how we serve Greater Victoria Boomers and Seniors and their families with their real estate plans and needs in and around Greater Victoria BC, please call Peter and Linda Pfann in Victoria BC, Canada at (250)-213-9490 or info@pfanntastic.com.

 

 

 

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

 

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