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September 2017 Ann Watley Real Estate Market Summary Report

To be successful in Real Estate, or anything in life, it takes a lot of effort and commitment. For myself, I want to make sure my clients are served well and for me to do so I must give them my 100% attention and loyalty. However, Real Estate life is not all about showing and negotiating buying and selling homes.

 

In the Real Estate industry one spends many hours in a car driving to and from homes located throughout all corners of Victoria and the Saanich Peninsula. So, when the opportunity presents itself and I have time between appointments to explore and educate myself I park and go. 

"To sell the Sidney & Victoria lifestyle you must live it and self educate."

Here are some of the most beautiful sights in which the region has treated me and (in some cases) my doggy companion too recently. 

 

 

NOW... LETS TALK REAL ESTATE

In September 2017 there were 1,976 properties for sale (active listings) with an average selling price of $823,100. That would be 4.1% down from the 2016 listings count. The top performing real estate markets in September were Strata Duplex (Up and Down) +20% and Strata Duplex (Side by Side) +1%.

 

If you would like to learn more about your home preferances in the Victoria and Saanich Peninsula regions then please visit me at AnnWatley.com and try out my "Real Estate Search" feature. 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: 
www.vreb.org/current-statistics

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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: 
www.vreb.org/current-statistics

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)

 

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August 2017 Ann Watley Real Estate Market Summary Report

The Greater Victoria BC Real Estate Market  

According to the latest August report released by the Victoria Real Estate Board there are 2000 active listings in region. In fact the number hoovers around the 1921 active listings. Not a large number when considering the size of the region and the number of households.

 

The median house price ($759,000) is 14.3% higher in 2017 than it was in 2016. By all indications, homes are selling faster and for more money. A low listing inventory and an increase in the average selling price indicates the Greater Victoria Region is in a "SELLERS MARKET." Give me a call for a free market evaluation of your home. 

"YYJ top 10 airports due to efficiency and ease of use."

"CNN concluded that the regional airport in Sidney has a reputation for ease, efficiency and friendliness, and the author points to value-added quirks like various exhibits and a walking/biking path that navigates around the airport’s perimeter."

 

For many people in business, travel and access to transportation services is a key component when selecting an area to live in. For big business, air travel is an everyday consideration as they may have to access international markets at any given moment. So, when CNN recognizes the airport in Sidney as a quality transportation hub the entire Victoria Regional District wins. 

"Oak Bay voted as best place to live in B.C."

"Oak Bay does outshine others in ways that are hard to match, scoring fairly high on criteria such as having a robust economy, high wealth and incomes, home affordability, low taxes, being transit friendly, health accessiblity, low crime and weather."


When the media highlights one area of the Great Victoria Region, all areas win. We experience this "domino effect" as Realtors when showing homes to buyers. For example, buyers start looking at homes in the Oak Bay region, but as they view more and more homes expanding their search, they end up buying in another region as their needs are highlighted and they become more and more educated in the market. 

"Victoria ranked 5th best city in Canada" 

A recent article shared the results of the Agents Choice awards. The awards are voted on by travel agents. Realtors, including myself, on occassion meet with travelers who after exploring our region have decided they would like to buy a home. When travel and real estate meet, it creates a positive environment and an economic win-win for the south island. 

 

Link to Victoria Real Estate Board (VREB) Market Report: 
www.vreb.org/current-statistics

 

Link to Victoria News article, "Victoria airport named one of world’s most loved"

www.vicnews.com/news/victoria-airport-named-one-of-worlds-most-loved/

 

Link to Victoria News article, "Oak Bay voted as best place to live in B.C."

www.vicnews.com/news/oak-bay-voted-as-best-place-to-live-in-b-c/

 

Link to Victoria Buzz article, "Victoria Ranked Fifth Best City"

www.victoriabuzz.com/2017/06/victoria-ranked-fifth-best-city-canada-agents-choice-awards/ 

 

Ann Watley Featured Real Estate Listings

Sidney Family Home with Suite

"Welcome to Harbour Landing 2017 Built Arts & Crafts style home in new condition. The Salt Spring Plan offered a spacious 3 Bedroom home with an adjoining self contained legal 1 BR suite. " (Learn More)

 

 

Walk up Townhouse in the heart of Langford

Welcome to spacious urban living. This New York Brownstone inspired "walk up" style townhome offers 3 Bedrooms & 3 Bathrooms on 3 levels with drive-in garage plus carport!  (Learn More)

 

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July 2017 Ann Watley Real Estate Market Summary Report

The Greater Victoria BC Real Estate Market  

"More insight into the housing market is always a good thing for realtors, home sellers and buyers. "

Recently, there has been a lot of positive media circling around about the Greater Victoria Region. Take for example, the recent article in the Victoria Buzz about the Agents Choice Awards. These awards are voted on by travel agents. Victoria, British Columbia, Canada was ranked as the 5th best city in Canada!

 

“This year’s awards prove we are top of mind among people whose job is selling vacations to potential visitors,” says Paul Nursey, President and CEO of Tourism Victoria.

 

Then there is the article published in the Victoria Times Colonist from the The Wall Street Journal titled, "U.S. view: ‘Sleepy’ Victoria a real-estate bargain."  

 

"... the story said that the Victoria housing market is waking up. We know that it’s been awake for a while. Just ask anyone who has tried to find a single-family house in the core in the past few years. Our market is sizzling hot and ..."


All in all, the more people talking about The Greater Victoria Region creates a positive real estate environment for realtors, home sellers and buyers. Below I have posted a breakdown of the real estate statistics for the month of July 2017 shared online by the Victoria Real Estate Board. 

 

 

 

 

More insight into the housing market is always a good thing for realtors, home sellers and buyers. It is more important now, more than ever, to share information and to keep oneself up to speed on the ever changing market conditions and trends. And one trend is that the Victoria housing market is building up momentum.

 

"The good news for buyers is that inventory is slowly starting to build," adds President Balabanian. "But buyers can still anticipate multiple offer scenarios in certain high demand neighbourhoods where inventory is being bought at a more rapid pace. It's never been a better time to be a seller, with MLS® Home Price Index prices at a record high for the Victoria Core." June 2017 Victoria Real Estate Board (VREB) Market Report.

 

Link to Victoria Real Estate Board (VREB) Market Report:
www.vreb.org/current-statistics

 

Link to entire Victoria Buzz article:

www.victoriabuzz.com/2017/06/victoria-ranked-fifth-best-city-canada-agents-choice-awards/ 

 

Link to Times Colonist article:

www.timescolonist.com/news/local/u-s-view-sleepy-victoria-a-real-estate-bargain-1.20727851

 

Ann Watley Featured Real Estate Listings

Walk up Townhouse in the heart of Langford, British Columbia, Canada


"This New York Brownstone inspired "walk up" style townhome offers 3 Bedrooms & 3 Bathrooms on 3 levels with drive-in garage plus carport." (Learn More)

 

 James White Boulevard in Sidney, British Columbia, Canada


"East facing unit allows you to take in the morning sun with your cuppa coffee and take your time to enjoy it as your deck also captures some of the south sun." (Learn More)

 

For a conversation about matching your passions with your real estate needs lets talk, 


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

 

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June 2017 Victoria Real Estate Market Report

VREB market statistics for May 2017 were released earlier this month.

 

"This month we have seen an increase in inventory - which means that buyers have more choice - and it means that now in some areas sellers are competing for buyers," says 2017 Victoria Real Estate Board President Ara Balabanian. 

 

Quoting from the report, President Balabarian ends with, "As we have predicted, we are seeing the beginning of a gradual return to a balanced market in the Victoria area. In conditions such as the ones we see now, it's more important than ever to have an expert REALTOR® on your side whether you are buying or selling a property." 


Victoria Real Estate Board
Thu Jun 1,  2017:

  May May
  2017 2016
Net Unconditional Sales: 1,006 1,289
New Listings: 1,451 1,423
Active Listings: 1,896 2,406


Please Note

  • Left Column: stats for the entire month from this year
  • Right Column: stats for the entire month from last year
  • This information comes from the latest 'Monthly Comparative Activity By Property Type' Report


 

** Stats Provided By VREB (Victoria Real Estate Board)

 

"Ann's New-to-the-Market Real Estate Listings are featured below, give me a call anytime to speak to me about other new inventory I have scheduled to come on the market over the next few weeks," Ann Watley

Featured Homes For Sale
www.AnnWatley.com

404 610 Johnson Street in VICTORIA:
Vi Downtown Condo Apartment for sale (Victoria) : MLS(r) # 378836 (View Listing)

Seaside Living North Saanich  (View Listing)

4425 Happy Valley Road in VICTORIA: Me Metchosin Single Family Detached for sale (Metchosin) : MLS(r) # 378470 (View Listing) 

 

Talk again soon, 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

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May 2017 Victoria Real Estate Market Report

VREB market statistics for April 2017 were released earlier this month indicating that the housing inventory in Victoria, British Columbia, Canada is still increasing slightly and sales are "constrained". According to VREB Board President quoted in the press release, "... the market is gradually moving towards a more balanced state...".

 

History tells us that listing your home when demand is high and supply is low is always a good situation for the seller. Balabanian of the VREB further stated in the release that "Inventory is still low, which means that buyers may encounter multiple offer situations in some of the high demand areas - there is still more demand than supply."

 

However, one of the most important decisions you will make in the home selling process is selecting a Realtor to assit you in your Real Estate transaction. Make sure you have a good Realtor in your corner, someone who communicates well with you. A Realtor will make a difference when seeking good value for your home in what could easily be one of your life's most important transactions. 

 

According to the VREB report there were 34.8% fewer listings this April compared to April 2016. When there are fewer houses for sale, an increasing population of buyers, a possibility of multiple offers and you are seeking a home in a popular housing market the demand will, most likely, always put pressure on supply. We see that in the price of an average single family home in Victoria, BC which has gone from 684,900 (2016) to 805,100 (2017).

 

 

** Stats Provided By VREB (Victoria Real Estate Board)

 

"Ann's New-to-the-Market Real Estate Listings are featured below, give me a call anytime to speak to me about other new inventory I have scheduled to come on the market over the next few weeks," Ann Watley

Featured Homes For Sale
www.AnnWatley.com

6220 Welch Road in Saanichton, BC : MLS(r) # 377389
Greater Victoria Region (Saanich, BC) (View Listing)

923 Whisperwind Place in Victoria, BC : MLS(r) # 376786
Greater Victoria Region (Langford, BC) (View Listing)

9704 Fifth Street : Sidney, BC : MLS(r) # 377385
Greater Victoria Region (Sidney, BC) (View Listing)

 


Real Estate Update provided by Ann Watley


Ann Watley

#SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

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MONTHLY REAL ESTATE REPORT-April 2017

from Ann Watley. Your Sidney/Victoria Realtor


Victoria Real Estate Board
Mon Apr 3, 2017:

  Mar Mar
  2017 2016
Net Unconditional Sales: 929 1,121
New Listings: 1,217 1,445
Active Listings: 1,556 2,618



As you can see by the attached Victoria Real Estate Board Stats, the Victoria Market is still HOT HOT HOT. What is driving the market to be so brisk is that the inventory levels continue to stay at record lows - month after month over the past year. An example of that is this newest statistics release showing that the Active Listings in the GVA are at 1,556 compared to last year at the same time of 2,618.

When the inventory selection is this low and the buyers are still active and in searching for their new home n large numbers it creates a serious supply and demand issue. Working with someone with the knowledge and experience that I have helps you to first understand the market and how this trend can affect you as a buyer.

Being a step ahead, working with someone that has the skills and the contacts to set you up to be in the right position when the new home is listed on the market can give you the edge that you need  in a market such as this. Don't let this market intimidate you, rather work with someone that can guide you through and teach you how to work within it. Call or email me today to get started and seeking out your new home with me on at your side as counsel.


Ann Watley

 #SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 

FOLLOW ME ON SOCIAL MEDIA

 

    

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MY FEATURED VICTORIA REAL ESTATE LISTING


Fairfield, Victoria Neighbourhood
419/421 Stannard Avenue
Single Family Detached Home
MLS(r) # 375094
$1,150,000 

 

Victoria Real Estate

 

More Information: http://annwatley.com/mylistings.html/listing.375094-419-421-stannard-avenue-victoria-v8s-3m6.64200593

 

ABOUT FAIRFIELD VICTORIA

 

Fairfield is located in the southern portion of the community of Victoria, BC on southern Vancouver Island. Fairfield is a popular location to live in the community as it is central to many of Victoria's services and attractions.

 

Fairfield, a popular area for buying Victoria Real Estate, is a mixture of apartments and single family homes situated on neighbourhood streets, many are lined with trees. The neighbourhood is located east of Oak Bay, north of Rockland, west of Beacon Hill Park and south of the Strait of Juan de Fuca. 

 

Dallas Road

Living in Fairfield provides easy access to popular community parks and walkways including Beacon Hill Park, Clover Point,  Fairfield Hill Park, Robert Porter Park and Eberts Street Park Pioneer Square. One of the most popular walking routes in Victoria, Dallas Road Waterfront, is near Fairfield. The route is popular for jogging, cycling, wind surfing, kite flying, sightseeing, picnicking and roller blading. The Dallas Road Waterfront Walk provides views of the Olympics Mountains and marine activity.

 

Some of the more noticeable destinations and services in the Fairfield area include YM-YWCA of Greater Victoria, Mount St. Mary Hospital,  Winter House and Sir James Douglas Elementary School. But nothing compares to the popularity of the Cook Street Village. The village is a well treed, eclectic social area in Fairfield. It is home to coffee shops, restaurants, small boutiques, pubs, artisans, outdoor patios and grocery stores.

 

WHY LIST YOUR HOME WITH ANN WATLEY


For most families, their home is their largest financial asset, and deciding to sell it is a big decision that can involve a lot of preparation and work. When you're ready to sell it's important to have an experienced real estate professional handle the details involved in the successful sale of a home for top dollar.

 

As an experienced professional who has helped many families sell their homes, I know how to handle every aspect of the sales process - from strategically marketing and showcasing your home to making sure everything's signed, sealed and delivered by the closing date. Something you'll find that sets me apart in this competitive Real Estate market is the level of commitment to service that I provide to my customers.

 

Whether you need a painter, an electrician, a plumber or any other home services, come to me first for that reliable reference to someone you can trust. If your house needs some preparation or TLC to get it ready for the market, you can count on me all the way through. If we decide your home needs it, I also offer a complimentary staging service that can help us get on track to marketing your home in the best possible way. Providing you with comprehensive, high-quality listing service is my top priority. So when you decide to sell your home, please contact me and let's get started!

 

 

Ann Watley

 #SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486 
http://annwatley.com 

ann@annwatley.com

 

 FOLLOW ME ON SOCIAL MEDIA

 

    

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A Unique Place for a Home Buyer

"I am happy to set you up to receive home buying listing information, with no pressure at all," Ann Watley. 

Sidney WaterfrontWhile I service the Greater Victoria Regional areas, including Sidney, British Columbia, I work and live on the beautiful Saanich Peninsula.

 

The Saanich Peninsula and Sidney specifically offer a few things that make it a unique place for a home buyer. The most influential features in Sidney are the many sandy beaches, walking trails, farms and the rural, relaxing lifestyle.

 

Sidney shops and businesses are all easily accessible being that they are an easy walking distance from most Sidney homes. While the larger stores and businesses are only a 20-30 minute drive away in Greater Victoria. All are complimented by major transportation systems such as the Victoria International Airport (YYJ) and BC Ferries.

 

Sidney Beaches

 

I am happy to set you up to receive home buying listing information, with no pressure at all. What I like to do is set you up whether you are ready to buy your dream home right away or if your home buying experience is more of a long term goal. Servicing you personally allows you to watch the moving market trends and the changing market pricing. Keeping an open communication channel with you enables me to help you on your home buying needs and makes me available for any questions about specific areas or buildings.

 

"Just drop me a note with your preferred price range, how many bedrooms, bathrooms and if you prefer a minimum sq footage or any preferred info and I can set you up."

 

Life is Beautiful

My system is a private client service that is quite different from the Realtor.ca site and will provide you with a log in code to go in and make any changes and we will send you the listings the minute we as Realtors load them onto our program. I also send you the info to your email that matches your criteria without you even having to go to a website. Its all there for you with photos and all the listing information within minutes of the match coming on to the system. That is what we call servicing your needs effectively and efficiently.

 

I very much appreciate the opportunity to be of help in your home buying search.


Ann Watley

 #SidneyRealtor

Ann Watlet, Realtor

Ann Watley | Personal Real Estate Corporation

Your Greater Victoria Real Estate Area Specialist

 

Pemberton Holmes Real Estate

107-2360 Beacon Ave,

Sidney B.C., Canada
Office: 250-656-3486
http://annwatley.com 

ann@annwatley.com

 

 FOLLOW ME ON SOCIAL MEDIA

 

    

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Had a taste of moving a business this past couple of weeks....wow it was alot of work, but we are all settled into our new home. Brand new offices of Pemberton Holmes (Sidney) that is.....pop by and say Hello.The new address is

107-2360 Beacon Ave in thr courtyard just past Woodoven Pizza & Quiznos. Lots of parking off James White BLVD. Email and cell stay the same.

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Categories:   Big move is done!
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.