September 2017 Ann Watley Real Estate Market Summary Report
The Greater Victoria BC Real Estate Market
Listings and home sales were down in Victoria and area for the month of August 2017. "I expected inventory numbers to be climbing by now, but instead we've seen even lower numbers of listings on the market," says Ara Balabanian - Victoria Real Estate Board President.
"I admit to being a little surprised by the August numbers." Ara Balabanian
In August 2017 there were 1,917 properties for sale (active listings) with an average selling price of $823,100. That would be 8.5% down from the 2016 listings count. The top performing real estate markets in August were condos (+0.5%) and homes selling in the North Saanich area (approximately +1%).
Bottom line the real estate market is always keeping us on our toes. My real estate search feature on AnnWatley.com can assist you in following and learning more about the Victoria and area real estate market in one click. You can search homes by city, area, neighbourhood, postal code, or MLS#.
For many the home is the largest investment in their lifestime. Take the time to learn more about the current real estate market and in selecting the right Realtor. Visit me anytime on AnnWatley.com.
Link to Victoria Real Estate Board (VREB) Market Report:
Ann Watley Featured Real Estate Listings
Albert Head Single Family Detached (Metchosin)
"Super sunny & PRIVATE property located minutes from the Metchosin/Colwood border. Duke Road West, Wittys Lagoon area 1.43 acres with a natural stream running across the back of your property." (Learn More)
Single Family Detached (Central Saanich)
"This large family home is located up & away from the road, with a sun soaked backyard featuring a private deck area with lots of room for family gatherings. Imagine the life, living right across the street from stables in a pocket of Central Saanich that still has that rural feel." (Learn More)