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

To View Call Re/Max Agent Fred Carver Today

Direct 250-413-7042 
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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
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"5 Bed 4 Bath Family Home"
Size 3313 sq. ft.
Style Single Story
Type Residential
Bedrooms 5
Bathrooms 2
Request More Info
Homes for Sale in North Saanich Dean Park, North Saanich, British Columbia $1,499,000
40 photos

8535 Tribune Terrace, North Saanich Dean Park (North Saanich)

"Dean Park Classic"
$1,499,000 CAD
"Incredible Value In Today's Market"
Size 3800 sq. ft.
Style 3 Story
Type Residential
Bedrooms 3
Bathrooms 4
Request More Info
Condos for Sale in Downtown, VICTORIA, BC, British Columbia $1,400,000
44 photos

707 COURTNEY STREET, Suite 1901, Downtown (THE HUMBOLDT VALLEY OF DOWNTOWN VICTORIA)

"SOUTH / EAST CORNER PENTHOUSE"
$1,400,000 CAD
"RARE OPPORTUNITY!"
Size 1069 sq. ft.
Style Apartment
Type Condominium
Bedrooms 2
Bathrooms 2
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Homes for Sale in Happy Valley, British Columbia $1,225,880
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972 Wild Ridge Way, Happy Valley (VIVA)

"PERFECT CENTRAL LOCATION - the Best of Town & Country"
$1,225,880 CAD
"Fantastic New Price"
Size 2940 sq. ft.
Style 2 Storey
Type Residential
Bedrooms 5
Bathrooms 4
Request More Info
Homes for Sale in Happy Valley, British Columbia $899,000
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3379 TURNSTONE DRIVE, Happy Valley (VIBRANT LANGFORD)

"GREAT NEIGHBOURHOOD!"
$899,000 CAD
"EXCELLENT VALUE!"
Size 1575 sq. ft.
Style Single Story
Type Residential
Bedrooms 3
Bathrooms 2
Request More Info
Homes for Sale in GORGE, VICTORIA, British Columbia $649,900
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317 BURNSIDE ROAD E, Suite 103, GORGE (BURNSIDE / GORGE NEIGHBOURHOOD)

"GROUND LEVEL - PATIO HOME!"
$649,900 CAD
"GREAT VALUE!"
Size 933 sq. ft.
Style Apartment
Type Residential
Bedrooms 2
Bathrooms 2
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Sale Pending
Homes for Sale in Langford Proper, LANGFORD, BC, British Columbia $599,800
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960 REUNION AVE, Suite 410, Langford Proper (VIBRANT LANGFORD - BELMONT PARK NEIGHBOURHOOD)

"SHOWS LIKE NEW!"
SALE PENDING
 $599,800 CAD
"EXCELLENT VALUE"
Size 897 sq. ft.
Style Apartment
Type Residential
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Homes for Sale in Downtown Victoria, VICTORIA, British Columbia $538,000
22 photos

930 YATES STREET, Suite 606, Downtown Victoria (VIBRANT DOWNTOWN VICTORIA)

"SUNNY SOUTH / WEST CORNER"
$538,000 CAD
"GREAT VALUE!"
Size 721 sq. ft.
Style Apartment
Type Residential
Bedrooms 2
Bathrooms 1
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Condos for Sale in Kinsmen Park, Esquimalt, British Columbia $525,000
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955 Dingley Dell, Suite 403, Kinsmen Park (ES Esquimalt)

$525,000 CAD
Size 1168 sq. ft.
Style Apartment
Type Condominium
Bedrooms 2
Bathrooms 2
Request More Info
Homes for Sale in Langford Proper, Victoria (Langford), British Columbia $525,000
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203 - 866 Brock Ave , Langford Proper (VIVA)

"A Great Home & Lifestyle"
$525,000 CAD
"SPOT ON VALUE"
Style Single Story
Type Residential
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Homes for Sale in Langford Proper, Victoria, British Columbia $289,900
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2807 Sooke Lake Rd, Suite 31, Langford Proper (Langford)

$289,900 CAD
Size 1033 sq. ft.
Style Manufactured Home
Type Residential
Bedrooms 2
Bathrooms 1
Request More Info
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