As we head full steam ahead into February 2012, Real Estate is busy throughout the City of Victoria in South Oak Bay ....one of the most popular and sought after areas to live and raise a family.
I spend a lot of time as youth and an adult living in South Oak Bay.
All Homes South of Oak Bay Ave are in South Oak Bay.
Google Map of South Oak Bay
Current Number of homes in South Oak Bay total 26 homes For Sale...the Average Asking Price = $ 2,072,065 (One waterfront home on King George Terrace is Listed at $9,500,000 and another waterfront home on Beach Dr is listed for $10,999,000, bringing the average listing price up in South Oak Bay)
Current Pending Sales in South Oak Bay Total = 6...The Average Pending Sale Price = $1,175,000 total Days on the Market 47
YTD to Date Sales from Feb 12/11 to Feb 12/12 Total 93 Homes Sold over the last 12 months in South Oak Bay..The average Selling Price in South Oak Bay was $977,361
I did a YouTube video driving through South Oak Bay to give you an idea of the homes and neighborhood....Enjoy !
Here is a 30 Day Market Report Snapshot for Current listing, Pending Sales, Expired and Canceled listing and Solds
Source: www.1-victoria-real-estate.com
VICTORIA REAL ESTATE SHOWED INCREASED SALES ACTIVITY IN JANUARY
In January 2012 Victoria Real Estate Sales where up almost 10% over January 2011.I noticed a change the very first week of January with Showings on all of my Listings. One of my listing in Fairfield ended up Selling from the result of Competing Offers. The Buyer came from my Open House the First Saturday in January.My First Open House of the year was Very Busy with Home Buyers, the interest was way above the number I usually see at an Open House...Over 20 Couples came through.Our Victoria Real Estate Board President Carol Crab is quoted from her report to day as Saying.....“Buyers are still price sensitive and very aware of the market values of homes.Sellers need to be aware that average prices trending up or down may not apply to their market area. They should consult with REALTORS® regarding prices in their own neighbourhood communities.”Carol Goes on to Say......“Buyers seem to be tired of all the doom and gloom storiesabout the global economy,” Crabb adds. “Interest rates are good andthey are keeping our Members busy with showings.”I could not agree more with Carols Statement...The Negative Press on Financial Doom & Gloom in Europe every night on TV was effecting Home Buyer Confidence in Victoria. It stopped in January and that maybe the reason our Buyer Activity has picked up.Inventory is down and Prices ares are more competitive and Victoria home Buyers are acting as Victoria Home Sellers Sharpen their pricing and Curb appeal. Record low mortgage interest rates are certainly Good for Home Buyers in Victoria.Find Homes in Victoria For Sale
OAK BAY-VICTORIA BC-REAL ESTATE-HOMES- JANUARY REPORT
OAK BAY Single Family Home JANUARY Market Snapshot.
FEBRUARY 2, 2012....... I thought I would review the Real Estate activities in Victoria BC an area known by the locals as Oak Bay, an
area bordered by Beach Dr and the Victoria Waterfront to the South,
Foul Bay Road to the West, Cedar Hill Road to the North, Beach Drive to
the East.
View Oak Bay Muncipality in a larger map
OAK BAY Single Family Home Market Snapshot For January 2012.
Currently there are 14 Pending Sales with an average selling price of $ 850,886 with an average of 48 days on the market. Two Sales are over a Million dollars in the Uplands district of Oak Bay.
Here is the January Break Down of Active, Pending home sales, Expired’s, Withdrawn and Sold’s Homes in OAK BAY .
FAIRFIELD-VICTORIA BC REAL ESTATE-LAST WEEK OF JANUARY
FAIRFIELD Real Estate Market Snapshot
FEBRUARY 2, 2012....... I thought I would review the residential Real Estate activities of Victoria BC in an area known by the locals as FAIRFIELD,
an area bordered by Dallas Road and the Victoria Waterfront to the
South, Foul Bay Road and Oak Bay to the East, Fort Street to the North,
Douglas Street and James Bay to the West.
Fairfield Google Map
Looking for a really nice family home in Fairfield? Call
or Email me today, I know The Real Estate Market in Fairfield and I’ll
put my 40 years to work for YOU to Find Your Dream Home.
Fairfield Last Week of January Market Snapshot for Single family homes.
8 Current Pending Sales with an average selling price of $ 810,375 with an average of 37days
on the market. Two Fairfield home Sold for over one Million Dollars.
One I SOLD on Chandler Ave for $1,100,000 and one on Fairfield Rd for
$1,350,000.
Here is a Break Down of Active, Pending Sales, Expired’s, Withdrawn and Sold Homes in Fairfield in the last 7 days.
Everyone has heard rumors of de-cluttering when it's time to sell
your home. But, what does that really mean? Before going hog wild and
moving out... here's a few of the most important things to consider
removing before you list your home for sale.
10. Personal photos. I don't always recommend
removing photos of the 'family' but if you have hallways filled with
photos or photos on every end table it is probably necessary. Buyers
really DO get distracted by them. They will take them all in as they
walk down the hall. Not only do they take away from the home, but it's
really disturbing when a buyer is excited to 'know' the sellers. And,
the buyers do look at them.
9. Bills and personal papers. I understand that you
cannot remove these document from the home all together, but please take
the time to organize them, box them up and put them out of sight. If
you have bills laying out on the counter or kitchen table it's like an
invitation for the buyers to 'peek' at them. Believe me - I discourage
it - but it still happens. And as a seller you just don't want to leave
the temptation behind.
8. Money. I would love to say that every buyer (and
Realtor) going through every home is honest, but I really don't want to
test those waters. If you have cash, cash boxes or coin jars sitting out
in the open... put them away. It's just better for everyone if it's out
of sight. As Realtors we do what we can to protect your home, but your
help makes a difference!
7. Valuables. Jewelry, watches, valuable
antiques.... anything that might be worth a bit of money that you
wouldn't want to lose. Out of sight, out of mind. If buyers don't know
they are there they won't think about it. I can't tell you how many
homes I've been in where the jewelry is left on the dresser.... somehow
it's uncomfortable. At least put it away.
6. Guns and ammo. I don't care if they are in a case
or out laying around or under a bed. It's better if you just plain old
remove them from the home prior to listing. For some reason they make
buyers (in my experience) feel really insecure.
5. Shoes! If you have a pile of shoes at the door...
ask yourself why. A pile of shoes gives a buyer two impressions. The
first? That there isn't enough storage in your home. 2. That there are
too many people living in the home. So, in order to avoid wondering on
the part of the buyer... just put them away.
4. Medicine. Take it out. Don't store it on the
counter. Don't store it in the cabinet. Don't store it in the bathroom.
Remove it. There have been many complaints over the years of potential
buyers 'stealing' the medicine out of the cabinets. I have never had it
happen on my time clock, but to avoid any trouble it's best to simply
remove it.
3. All things on your kitchen counter. Everything?
Really? Yup. The cleaner you can leave the counter, the more buyers
dream of being in there. Have you ever been in a cluttered kitchen? Does
it feel inviting? How about a cleaned up kitchen? Does it make you
wanna spend time there? Also, if you store things on the counter it
gives the appearance that you do not have enough storage space.
2. No more junk drawers. Seriously. Clean 'em out.
There is nothing more tacky than a potential buyer opening the cupboards
and drawers and having things sticking out everywhere. Box up all the
notes, pens, tacks, and odds and ends and put them away. Chances are you
don't dig in the drawer often anyways.
1. Nothing but magnets.... and maybe not even that.
Take a photo of your fridge, take everything off, wash the front (and
side), and take another photo. It is really refreshing to walk into a
home that has a clean fridge. The kids pictures are beautiful (believe
me... my fridge is covered in them) but buyer's can't imagine their own
children's drawing on there if it is covered with yours. And, the
magnets... If they aren't decorative (and even then) they are generally
more of a distraction to the room than a help. Consider it.
Source Blog post by Lindsey Hasford
JANUARY OAK BAY -VICTORIA MILLION DOLLAR HOME SALES MARKET SNAP SHOT
OAK BAY HOMES SALES OVER A MILLION DOLLARS in Victoria BC has been busy. There are currently 5 Pending Oak Bay Home Sales over one Million Dollars. With an average Selling Price of of $2,372,000
...one pending sale is over 6 million bringing the average selling
price up.....Plus there were three completed Sales in January with a
average sale price at $1,046,000. Overall there have been 49 homes Sold over one million dollars in Oak Bay with an Average Selling Price of $1,427,428 since June 30, 2011.What is interesting is the Short time or Days on the Market Average in January of 55 days for home sales over the million dollar price range in OAK BAY in Victoria, BC
$3,000 BUYER BONUS-ESQUIMALT 2 BED 2 BATH GORGEOUS CONDO
Be
sure to check out this ready to move in 2008 Esquimalt Two Bedroom Two
Full Bathroom Condo in “The Ovation”. Built in 2008, Full underground
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Take advantage of the $3,000 Buyer Move in Bonus and the New Price.
Pets Are Allowed, Rentals Are Allowed and Barbecues are Allowed
This is a bright modern Condo with a East Facing large balcony.....All
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Call Today to view this great buy.
VICTORIA BC HOMES SALES DURING THE LAST 6 MONTHS OF 2011
Lets look at some of the areas of Victoria and see the number of Home Sales there have been so far this year in the following areas. Although these are Not all the Neighbourhoods of Victoria they do represent a good sampling of Victoria home sales activity in the last 6 months of 2011 in Greater Victoria.
Victoria Home Sales from June 30th, 2011 to Dec 31 ,2011
Gordon Head
- Completed Sales 94
- Pending Sales 14
- Average Pending Selling Price $681,814
Fairfield
- Completed Sales 59
- Pending Sales 11
- Average Pending Selling Price $ 790,557
Esquimalt
- Completed Sales 57
- Pending Sales 8
- Average Pending Selling Price $ 516,250
Oak Bay
- Completed Sales 133
- Pending Sales 18
- Average Pending Selling Price $ 1,218,944
Fernwood & Sears
- Completed Sales 69
- Pending Sales 14
- Average Pending Selling Price $ 478,743
Langford
- Completed Sales 213
- Pending Sales 23
- Average Pending Selling Price $ 543,288
View Royal
- Completed Sales 42
- Pending Sales 11
- Average Pending Selling Price $ 678,400
Sooke
- Completed Sales 104
- Pending Sales 20
- Average Pending Selling Price $ 429,961
Royal Oak & Northridge
- Completed Sales 22
- Pending Sales 2
- Average Pending Selling Price $ 565,500
Sidney
- Completed Sales 47
- Pending Sales 7
- Average Pending Selling Price $ 462,129
Gorge & Tillicum
- Completed Sales 61
- Pending Sales 3
- Average Pending Sale Price $442,333
If you would like to know what is happening with homes sales in your Victoria neighbourhood call me Fred Carver 250-744-3301
Find Hundreds of Homes For Sale Throughout Greater Victoria BC
FAIRFIELD-Victoria BC-Real Estate-Residential Market Report Dec 28-11
FAIRFIELD Real Estate 30 Day Market Snapshot
December 28, 2011....... I thought I would review the residential Real Estate activities of Victoria BC in an area known by the locals as FAIRFIELD, an area bordered by Dallas Road and the Victoria Waterfront to the South, Foul Bay Road and Oak Bay to the East, Fort Street to the North, Douglas Street and James Bay to the West.
Fairfield Google Map
Looking for a really nice family home in Fairfield? Check out this 2008 Luxury dream home with my Virtual Tour.
Fairfield 30 Day Market Snapshot for Single family homes.
12 Current Pending Sales with an average selling price of $ 773,178 with an average of 69 days on the market. One home on Windermere Sold for 2,162,000 Million
Here is a Break Down of Active, Pending Sales, Expired’s, Withdrawn and Sold Homes in Fairfield in the last 30 days.
OAK BAY REAL ESTATE YEAR IN REVIEW FOR 2011
We here at Fred Carver Real Estate Marketing Re/Max Camosun continuously monitor local OAK BAY real estate statistics to keep our clients informed and ahead of the Real Estate trends.
Below you will find OAK BAY BC Real Estate statistic's for Jan 1, 2011 to Dec 29, 2011.
OAK BAY Single Family Home Sales
Year in Review 01/01/11 to 12/29/11:
-
Total Oak Bay Homes Sold = 225
-
Current Pending Sales = 18
-
Single family homes average Pending selling price= $1,218,944 from 18 new sales.
Oak Bay Condominium Sales
Year in Review 01/01/11 to 12/29/11:
-
Total Condominium Solds = 55
-
Total PendingSales = 7
-
Condominium average Pending selling price $891,357 with a 3.3 Million dollar sale in the New Oak Bay Beach Hotel bringing the average pending price up.
OAK BAY Townhouses Sales
Year in Review 01/01/11 to 12/29/11:
-
Total TownhousesSolds = 12
-
Total Pending Sales = 0
- There No Pending Townhouses Sales at this time.
Go Here to find out what homes are Selling for in your Oak Bay neighbourhood
If you would like a free list of homes for sale in this neighborhood, and would like more information about OAK BAY or if you would liketo be the first to know about HOT new Oak Bay listings before other buyers do, then give me a call at: 250-598-2963
FAIRFIELD & ROCKLAND REAL ESTATE YEAR IN REVIEW FOR 2011
We here at Fred Carver Real Estate Marketing Re/Max Camosun continuously monitor local FAIRFIELD & ROCKLAND real estate statistics to keep our clients informed and ahead of the Real Estate trends.
Below you will find FAIRFIELD & ROCKLAND BC Real Estate statistic's for Jan 1, 2011 to Dec 29, 2011.
FAIRFIELD & ROCKLAND Single Family Home Sales
Year in Review (01/01/11 to 12/29/11) Activity:
-
Total Fairfield Homes Sold = 112
-
Current Pending Sales = 11 Average Sale price =$ 790,557
-
Total Rockland Homes Sold = 27
-
Current PendingSales = 3 Average Sale Price =$ 785,333
FAIRFIELD & ROCKLAND Condominium Sales
Year in Review (01/01/11 to 12/29/11) Activity:
-
Total Fairfield Condominiums Sold = 150
-
Total PendingSales = 6 Average Sale Price =$ 265,250
-
Total Rockland Condominiums Sold =16
- Total Pending Sales = 1 Sale Price = $ 325,000
FAIRFIELD AND ROCKLAND Townhouses Sales
-
Total Fairfield Townhouses Sold = 22
-
Current Pending Sales = 1 sale price =$ 499,000
-
Total Rockland Townhouses Sold = 9
-
Current Pending Sales = 0 None at this time
Go Here to find out what homes are Selling for in your FAIRFIELD or ROCKLAND neighbourhood
If you would like a free list of homes for sale in this neighborhood, and would like more information about FAIRFIELD & ROCKLAND or if you would liketo be the first to know about HOT new Fairfield & Rockland listings before other buyers do, then give me a call FRED CARVER your AREA SPECIALIST at: 250-598-2963
Victoria Open House Saturday DECEMBER 17, 2011
Time 2-4 PM
1684 Chandler Ave (Google Map) Located Between St. Charles and Richmond Road in the Fairfield area of Victoria, BC.
Picture yourself Cooking in this Gorgeous Kitchen! Come to the OPEN HOUSE Saturday...MUM YOU"LL LOVE THE KITCHEN AND FAMILY ROOM
Spacious Kitchen with Cherry wood cabinets, European tiles, dark granite counter tops and pantry. Professionally decorated recently, paint colours by an interior designer, along with furnishing to match (Furniture can be purchased separately). Formal Living Room and Dinning Room both with Bay windows, paneling, wainscoting and crown moldings.
Open Plan from Kitchen to Large Family room, leading out to a large cedar deck a place for your morning coffee. Separate Den or Bedroom on the main floor also leads to the deck.
Upstairs includes three bedroom and main bathroom and Laundry. You'll love the Master Bed Room Ensuite Bathroom To Die For, Full separate Glass shower, Jacuzzi Tub and double granite counter top sinks, Private Patio off the MBR overlooking the back yard. Downstairs offers a large 1,000 sq.ft.
Self Contained Two bedroom guest accommodation, teen area or possible home office. Enjoy the energy efficient in floor hot water Natural Gas heating, plus three Natural Gas fireplaces, two full cedar decks with Gas outlets for Barbecue or heaters.Othe Features large front veranda, Granite Stonework, Double Car Drive in Garage.
Shopping is a few steps away at the Fairfield Shopping mall just two block away includes Thrifty Foods, Starbucks and a Neighborhood pub, great walking area close to Fairfield Ocean Beaches, Schools and Bus Service nearby, just minutes by car to downtown Victoria , BC.
If you miss my Saturday Open House Call me to arrange for a Personal Tour!
OAK BAY-Victoria BC-Real Estate-Homes-December 30 Day Market Report
December 2011 OAK BAY Real Estate Market Report Snapshot
OAK BAY Single Family Homes-Victoria BC- Homes
December 9, 2011....... I thought I would review the Real Estate activities of Victoria BC an area known by the locals as Oak Bay, an
area bordered by Beach Dr and the Victoria Waterfront to the South,
Foul Bay Road to the West, Cedar Hill Road to the North, Beach Drive to
the East.
OAK BAY Single Family Home 30 Day Market Snapshot
22 Pending Sales with an average selling price of $ 1,142,082 with an average of 55 days on the market. One Sale was 6.5 Million Dollars on Beach Drive on the waterfront in the Uplands.
Here is a Break Down of Active, Pending Sales, Expired’s, Withdrawn and Sold’s Homes in OAK BAY in the last 30 days.
Find Hundreds of Homes For Sale
SAVE $80,000 BUYING VERSUS RENTING THIS 2 BEDROOM 2008 CONDO.
With to-days record low Mortgage Interest rates, and today High Rents it’s cheaper to Buy and Own your own Home that to rent.
Here is an example.
I
just listed a 2 bed 2 bathroom 2008 Condo for $269,900 at 217-1315
Esquimalt Rd the current market rent for this unit is $1300 Per Month. See inside with my Virtual Tour.
If you put 25% down payment ….Owning versus Renting shows us that you’ll save $80,000 over the next 5 Years.
I
have a Mortgage Calculator on my web site that not only helps you
determine your mortgage payment it also calculates Mortgage payments
versus Renting over 5 years
Try it yourself, go to my Mortgage Page and add in your rent and down payment along with a purchase price.
Here are the calculation results using my Condo Listing with 25% down($70,000) and rent of $1300 PM
The Buying versus Comparison shows us you’ll save $80,000 in 5 Years Owning instead of Renting
With 10%($27,000) down payment the saving are still in favour of Buying, with a $79,000 Saving in 5 Years Buying versus Renting.
OAK BAY-CHRISTMAS LIGHTED TRUCK PARADE & MUSTARD SEED FOOD DRIVE
This Saturday December 3rd is the 16th annual IEOA Christmas Truck Parade & Mustard Seed Food Drive.
Oak Bay’s Goal this year is to Collect 3,000 Pounds of Food .
- Time: Saturday 5-7:30 PM
- Where: Oak Bay Village
- Bring Cash or Food
- Entertainment on the Front Lawn of Oak Bay Municipal Hall
CHRISTMAS TRUCK LIGHT ROUTE MAP
Welcome
the Island Equipment Owners Association 16th Annual Christmas Light
Truck Parade through the Oak Bay Village around 6:30pm
Here’s my Video of The Lighted Truck Parade a few years ago...Enjoy.
MERRY CHRISTMAS