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Karen Love
Robyn
Wildman
Wildman
Erin
Daugherty
Daugherty
Dedicated to Real Estate excellence.
We are committed to creating life long relationships and earning your trust. We accomplish this by delivering world-class service and consistently keeping your Ultimate Scenario as the Ultimate Goal. We provide service to you in a manner that is above and beyond your expectations. This has enabled us to create networks and support systems which make it a delight for you to refer us to your family friends and colleagues.
Whether you are looking to buy or sell, Karen Love is the Realtor of choice.
Greater Victoria Residential Real Estate Transitions to a Balanced Market
May 1, 2013
VICTORIA BC - Weighing in on the best April since 2010, Shelley Mann, President of the Victoria Real Estate Board, is cautiously optimistic that the Greater Victoria is back into a balanced market.
"Consumer confidence is increasing, Mann says. "Our total number of sales for April is 615, a 5% increase compared to April 2012 with 586 sales. On the residential side, more properties are selling, and slightly fewer are entering the market, so we are moving from a buyers' market to more balanced market conditions.
Mann's cautions that one month doesn't indicate a market trend, but is encouraged by increased showings by REALTORS®, the number of sales, and comments from other REALTORS® about multiple offers on properties.
Prices remained relatively flat, as predicted by Cameron Muir, Chief Economist of the BC Real Estate Association. There were 367 single family homes sold in April at a median price of $540,000, a 16% increase of homes sold over April 2012. Condominium sales were 149 at a median price of $265,000 and with 62 townhomes sold at a median price of $415,450. There are 4,585 active listings.
Total Waterfront Single Family Dwellings sold: 15, up 2 over April 2012
Total Non-waterfront Single Family Dwellings sold: 352, up 36 over April 2012
Single Family Dwellings sold over $1 million: 30 (5 over $2 million)
This information was taken from the Victoria Real Estate Board, 3035 Nanaimo Street Victoria, British Columbia, CANADA, V8T 4W2
May 1, 2013
VICTORIA BC - Weighing in on the best April since 2010, Shelley Mann, President of the Victoria Real Estate Board, is cautiously optimistic that the Greater Victoria is back into a balanced market.
"Consumer confidence is increasing, Mann says. "Our total number of sales for April is 615, a 5% increase compared to April 2012 with 586 sales. On the residential side, more properties are selling, and slightly fewer are entering the market, so we are moving from a buyers' market to more balanced market conditions.
Mann's cautions that one month doesn't indicate a market trend, but is encouraged by increased showings by REALTORS®, the number of sales, and comments from other REALTORS® about multiple offers on properties.
Prices remained relatively flat, as predicted by Cameron Muir, Chief Economist of the BC Real Estate Association. There were 367 single family homes sold in April at a median price of $540,000, a 16% increase of homes sold over April 2012. Condominium sales were 149 at a median price of $265,000 and with 62 townhomes sold at a median price of $415,450. There are 4,585 active listings.
Total Waterfront Single Family Dwellings sold: 15, up 2 over April 2012
Total Non-waterfront Single Family Dwellings sold: 352, up 36 over April 2012
Single Family Dwellings sold over $1 million: 30 (5 over $2 million)
This information was taken from the Victoria Real Estate Board, 3035 Nanaimo Street Victoria, British Columbia, CANADA, V8T 4W2