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

 

 

HAPPY NEW YEAR VICTORIA

Victoria Real Estate For Sale

 

Victoria Real Estate Listing Search

To View Call Re/Max Agent Fred Carver Today

Direct 250-413-7042 
Calling from Out of Town?   Call Toll Free 1-800-663-2121

24/7 Call 250-744-3301

Email: fredcarver@remax.net 

Promise Made...Promises Kept !

We Do Not Share your Personal Information with anyone,
unless you instruct us to do so,please read our Privacy Policy

Re/Max Camosun Privacy Policy

 

Bookmark and Share

-
 
Homes for Sale in Metchosin, British Columbia $1,600,000
23 photos

384 Seaspray Drive, Metchosin (Metchosin)

"3.85 Private Acres"
$1,600,000 CAD
"Incredible Value"
Size 3300 sq. ft.
Style 2 Storey
Type Residential
Bedrooms 3
Bathrooms 3
Request More Info
Sale Pending
Homes for Sale in Victoria West, VICTORIA, BC, British Columbia $1,375,000
43 photos

208 RUSSELL STREET, Suite 208, Victoria West (RAINBOW ESTATES)

"WATERFRONT!"
SALE PENDING
 $1,375,000 CAD
"GREAT VALUE!"
Size 1953 sq. ft.
Style 2 Storey
Type Residential
Bedrooms 3
Bathrooms 2
Request More Info
Lots and Land for Sale in Shawnigan Lake, British Columbia $1,368,000
7 photos

Lot 7 Katy's Cr., Shawnigan Lake

"Lakefront Living"
$1,368,000 CAD
"Exclusive Gated Community"
Size 11230 sq. ft.
Style Lot / Land
Type Lots and Land
Request More Info
Homes for Sale in Downtown, VICTORIA, British Columbia $935,000
18 photos

999 BURDETT AVE, Suite 109, Downtown (CHELSEA)

"RARE GARDEN LEVEL / PATIO HOME!"
$935,000 CAD
"GREAT VALUE!"
Size 1086 sq. ft.
Style Apartment
Type Residential
Bedrooms 2
Bathrooms 2
Request More Info
Homes for Sale in Victoria, British Columbia $875,000
22 photos

3182 Rutledge St, Victoria

$875,000 CAD
Size 1636 sq. ft.
Style 2 Storey
Type Residential
Bedrooms 3
Bathrooms 2
Request More Info
Sale Pending
Homes for Sale in Downtown Victoria, VICTORIA, BC, British Columbia $848,000
29 photos

999 BURDETT AVENUE, Suite 405, Downtown Victoria (THE CHELSEA BY CONCERT PROPERTIES)

"COMING SOON!"
SALE PENDING
 $848,000 CAD
"EXCELLENT VALUE!"
Size 979 sq. ft.
Style Apartment
Type Residential
Bedrooms 2
Bathrooms 2
Request More Info
Sale Pending
Homes for Sale in Happy Valley, Langford, British Columbia $774,900
30 photos

3268 Walfred Place, Happy Valley (Langford)

SALE PENDING
 $774,900 CAD
Size 3343 sq. ft.
Style 2 Storey
Type Residential
Bedrooms 6
Bathrooms 3
Request More Info
Condos for Sale in Sidney, British Columbia $479,000
20 photos

9880 Fourth Street, Suite 301, Sidney (VIVA)

"TOP FLOOR!"
$479,000 CAD
"Tremendous Value"
Size 1016 sq. ft.
Style 3 Story
Type Condominium
Bedrooms 2
Bathrooms 2
Request More Info
Sale Pending
Homes for Sale in Downtown, British Columbia $449,500
30 photos

595 PANDORA AVE, Suite 310, Downtown (DOWNTOWN VICTORIA)

"SUNNY SOUTH FACING!"
SALE PENDING
 $449,500 CAD
"PRICED BELOW ASSESSED VALUE!"
Size 554 sq. ft.
Style Single Story
Type Residential
Bedrooms 1
Bathrooms 1
Request More Info
Condos for Sale in Downtown, Victoria, British Columbia $400,000
13 photos

1015 Johnson Street, Suite 303, Downtown (Victoria Real Estate Board)

"Enjoy All That Downtown Offers in This Well Maintained Suite!"
$400,000 CAD
"Real Value in Downtown Victoria"
Size 764 sq. ft.
Style Single Story
Type Condominium
Bedrooms 2
Bathrooms 1
Request More Info
Homes for Sale in Sidney, British Columbia $399,900
5 photos

2348 Beacon Ave, Suite 203, Sidney (Sidney)

"A collection of 11 lovely condominiums where you can choose from 1, 2 or 3 bedroom floor plans "
$399,900 CAD
"Plus GST"
Size 612 sq. ft.
Style Apartment
Type Residential
Bedrooms 1
Bathrooms 1
Request More Info
Homes for Sale in Royal Oak, Victoria, British Columbia $229,900
22 photos

4678 Elk Lake Drive, Suite 536B, Royal Oak (Saanich West)

"Garden Suite"
$229,900 CAD
"Excellent Value!"
Size 372 sq. ft.
Style Single Story
Type Residential
Bathrooms 1
Request More Info
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.