VICTORIA REAL ESTATE IS HOT


THE REAL ESTATE MARKET IS HOT!!

The Single Family market in Victoria BC is HOT, House Values have Changed in most neighbourhoods in Victoria. Maybe time to find out what your home is worth here 

A shortage of homes for sales is creating a Hot market for home sellers, meaning homes sell very quickly and usually for more money than they are listed for. With so many Buyers competing to buy a home often we have been seeing many Buyers Bidding the price. Often at over $100,000 of the asking price...Well that was the case earlier this Spring.

Home owners hearing about homes selling at crazing prices are throwing their homes on the market at maybe unreal asking prices. Many Home Buyers are now saying Whoa!! I’ll wait this one out, I lost out on trying to buy the last 5-6 homes I made offers on. 

So in many cases Buyers are now reluctant to bid or make an offer on a home when sellers are asking for the moon. Is the Real Estate market in Victoria Back to normal? Well not just yet. Sellers are now accepting Conditional offers(Subject to financing building inspection are back on the table). 

The real estate inventory is still low and it’s Summer(heat wave last week) so sales have slowed down. COVID Restrictions have been relaxed and many consumers are taking the Summer time to get back to normal, seeing friends and families.

Let's see what September brings, our next busy time. With record low mortgage interest rates and low housing inventory Home Prices will continue to climb, just maybe not as fast as this past year.

So Is the Real Estate market still hot for home sellers? Time will tell. 

Call me 250-413-7042 if you are thinking about Selling your home now or in the near future and let's discuss how much your home is worth in our current market place.

Check out my YouTube Video "Victoria Real Estate Is Hot" and please subscribe to my YouTube Videos > Here

 

 


Victoria Real Estate For Sale


 

Victoria Real Estate Listing Search

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Sale Pending
Homes for Sale in Cobble Hill, Mill Bay, British Columbia $849,900
52 photos

3530 Hidden Oaks Cres, Cobble Hill (Cobble Hill)

"Popular Neighbourhood on Cobble Hill"
SALE PENDING
$849,900 CAD
"5 Bed 4 Bath Family Home"
Size 3313 sq. ft.
Style Single Story
Type Residential
Bedrooms 5
Bathrooms 2
Homes for Sale in Royal Oak, SAANICH, British Columbia $1,998,000
28 photos

4512 WILKINSON ROAD, Royal Oak (THE ROYAL OAK NEIGHBOURHOOD)

"2.45 ACRES VERY CLOSE TO DOWNTOWN VICTORIA!"
$1,998,000 CAD
"EXCELLENT VALUE!"
Size 2307 sq. ft.
Style 1 1/2 Story
Type Residential
Bedrooms 4
Bathrooms 2
Condos for Sale in Downtown, VICTORIA, BC, British Columbia $1,400,000
44 photos
$1,400,000 CAD
"RARE OPPORTUNITY!"
Size 1069 sq. ft.
Style Apartment
Type Condominium
Bedrooms 2
Bathrooms 2
Sale Pending
Homes for Sale in Happy Valley, British Columbia $1,225,880
52 photos

972 Wild Ridge Way, Happy Valley (VIVA)

"PERFECT CENTRAL LOCATION - the Best of Town & Country"
SALE PENDING
$1,225,880 CAD
"Fantastic New Price"
Size 2940 sq. ft.
Style 2 Storey
Type Residential
Bedrooms 5
Bathrooms 4
Sale Pending
Homes for Sale in Happy Valley, British Columbia $899,000
27 photos
SALE PENDING
$899,000 CAD
"EXCELLENT VALUE!"
Size 1575 sq. ft.
Style Single Story
Type Residential
Bedrooms 3
Bathrooms 2
Homes for Sale in Jubilee, Victoria, British Columbia $780,000
20 photos
$780,000 CAD
Size 1328 sq. ft.
Style 2 Storey
Type Residential
Bedrooms 3
Bathrooms 2
Condos for Sale in Vic West, Victoria, BC, British Columbia $649,000
20 photos

327 Maitland St, Suite 103, Vic West (VW Songhees)

"Great Opportunity for Buyer or Investor"
$649,000 CAD
"At the Inner Harbour Boardwalk"
Size 1069 sq. ft.
Style Bi-Level
Type Condominium
Bedrooms 2
Bathrooms 2
Homes for Sale in GORGE, VICTORIA, British Columbia $630,000
25 photos
$630,000 CAD
"GREAT VALUE!"
Size 933 sq. ft.
Style Apartment
Type Residential
Bedrooms 2
Bathrooms 2
Condos for Sale in Langford Proper, Victoria, British Columbia $550,000
34 photos
$550,000 CAD
"TOP FLOOR"
Size 765 sq. ft.
Style Apartment
Type Condominium
Bedrooms 1
Bathrooms 2
Homes for Sale in Sidney, British Columbia $549,000
20 photos
$549,000 CAD
Size 806 sq. ft.
Style Single Story
Type Residential
Bedrooms 1
Bathrooms 1
Sale Pending
Homes for Sale in Downtown Victoria, VICTORIA, British Columbia $538,000
22 photos
SALE PENDING
$538,000 CAD
"GREAT VALUE!"
Size 721 sq. ft.
Style Apartment
Type Residential
Bedrooms 2
Bathrooms 1
Condos for Sale in Kinsmen Park, Esquimalt, British Columbia $525,000
27 photos
$525,000 CAD
Size 1168 sq. ft.
Style Apartment
Type Condominium
Bedrooms 2
Bathrooms 2
Homes for Sale in Langford Proper, Victoria (Langford), British Columbia $525,000
36 photos
$525,000 CAD
"SPOT ON VALUE"
Style Single Story
Type Residential
Sale Pending
Homes for Sale in Langford Proper, Victoria, British Columbia $279,900
30 photos
SALE PENDING
$279,900 CAD
Size 1033 sq. ft.
Style Manufactured Home
Type Residential
Bedrooms 2
Bathrooms 1
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HAPPY NEW YEAR VICTORIA