HomesForSaleInVictoria.com

 Welcome, we have tried to create a web site that not only offers Real Estate services

but also provides information regarding restaurants,attractions,tourism,hotels,motels,schools,maps 

in Victoria, British Columbia that will be useful whether or not you use our services as a Realtor.

As  real estate professionals in Victoria, we know that buyers and sellers in today’s market place require

 up-to-date information and expert advise when making important real estate decisions. We are committed

to being recognized as  professionals in our field and keeping on top of the real estate market at all times.

We continue to be technologically savvy, offering a personal touch, which has been beneficial to both buyers

and sellers. Through the development of this unique Victoria website, clients can have access the best

 information possible regarding all aspects of living in Victoria British Columbia from the purchase or sale of

a home to finding information regarding schools,golf, entertainment etc. on Vancouver Island.

  If you don’t find the information you require about Victoria BC on our web site please contact us and we

will endeavor to obtain the information you require and forward it to you as quickly as possible.  

Thank-you

Wayne Glazier

2009 - A Year of Recovery for Victoria Area Real Estate Market

January 4, 2010

Last year was marked by a surprising and strong recovery for the Victoria area real estate market following the slowdown in 2008 and the early part of 2009. Total sales of homes and other properties rose by 24 per cent compared to 2008 while the value of all property transactions through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) system rose over 20 per cent to nearly $3.8 billion.

Victoria Real Estate Board President Randi Masters says the strength of the recovery came as a welcome surprise, "Given the significant world-wide economic downturn we were very pleased to see the real estate market recovering so quickly. With interest rates expected to remain low in the coming months, we are anticipating a strong and balanced market in the coming year." Masters noted that while sales rebounded strongly last year, overall average prices showed little change compared to 2008. The overall average price for single family homes declined by less than one per cent, condominium prices declined by less than three per cent and townhome prices remained essentially unchanged.

Masters added that December saw a normal decrease in sales compared to November with some minor fluctuations in prices. The average price of single family homes in Greater Victoria last month was $651,316. Sixteen sales of over $1 million, including one sale in Central Saanich of over $5 million affected the overall average. The six-month average was $601,237 while the median price was significantly lower at $555,000. The average price of all condominiums sold in December was $345,907; the average for the last six months was $324,919 while the median was $289,000. The average price of all townhomes sold last month was $477,998; the six-month average was $450,305 and the median was $422,500.

MLS® sales last month included 246 single family homes, 115 condominiums, 44 townhomes and 12 manufactured homes.

Masters noted there has been a substantial decline in the number of properties available for sale, "As of the end of December, there were 2,557 properties available for sale -- down 33 per cent from a year earlier."

Serving Victoria and area.  Call Wayne Glazier for Sidney Real Estate,

 North Saanich Real Estate, Central Saanich Real Estate,

 Saanich East Real Estate, Saanich West Real Estate,

 View Royal Real Estate, Langford Real Estate,

Colwood Real Estate, Metchosin Real Estate, Sooke Real Estate,

Esquimalt Real Estate and Oak Bay Real Estate. 

 Call Wayne Glazier to buy or sell Victoria Homes,

 Victoria Real Estate, Victoria Condos,

 Victoria Area Waterfront and Victoria Area Acreages.

  Coast Capital Real Estate, Victoria, British Columbia