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

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Homes for Sale in Oak Bay, Victoria, British Columbia $2,500,000
45 photos

2538 Nottingham Rd, Oak Bay (Uplands)

$2,500,000 CAD
Size 2910 sq. ft.
Style Single Story
Type Residential
Bedrooms 5
Bathrooms 2
Request More Info
Homes for Sale in Bear Mountain, Victoria, British Columbia $2,199,900
41 photos
(New Construction)

2351 Lairds Gate, Bear Mountain (Langford)

$2,199,900 CAD
Size 3366 sq. ft.
Style 2 Storey
Type Residential
Bedrooms 5
Bathrooms 4
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Homes for Sale in North Saanich Dean Park, North Saanich, British Columbia $1,599,000
40 photos

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

"Dean Park Classic"
$1,599,000 CAD
"Incredible Value In Today's Market"
Size 3800 sq. ft.
Style 3 Story
Type Residential
Bedrooms 3
Bathrooms 4
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Sale Pending
Homes for Sale in Fairfield, VICTORIA, BC, British Columbia $1,000,000
27 photos

1683 CHANDLER AVE, Fairfield (GONZALES NEIGHBOURHOOD)

"ONE LEVEL LIVING!"
SALE PENDING
 $1,000,000 CAD
"EXCELLENT VALUE!"
Size 6624 sq. ft.
Style Single Story
Type Residential
Bedrooms 3
Bathrooms 2
Request More Info
Homes for Sale in Victoria West, Victoria, British Columbia $969,000
22 photos

50 Songhees Rd, Suite 518, Victoria West

$969,000 CAD
Size 1448 sq. ft.
Style Single Story
Type Residential
Bedrooms 2
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
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Condos for Sale in Bazan Bay, Sidney, British Columbia $754,900
4 photos

2348 Beacon Ave, Suite 401, Bazan Bay (Sidney)

"Fantastic Location"
$754,900 CAD
Size 830 sq. ft.
Style Apartment
Type Condominium
Bedrooms 2
Bathrooms 1
Request More Info
Sale Pending
Homes for Sale in Langford Lake, Victoria, British Columbia $629,900
32 photos

3182 Kettle Creek Cres, Langford Lake (Langford)

"Centrally Located"
SALE PENDING
 $629,900 CAD
Size 854 sq. ft.
Style Single Story
Type Residential
Bedrooms 2
Bathrooms 2
Request More Info
Condos for Sale in Bazan Bay, Sidney, British Columbia $494,900
4 photos

2348 Beacon Ave, Suite 302, Bazan Bay (Sidney)

"Fantastic Location"
$494,900 CAD
Size 621 sq. ft.
Style Apartment
Type Condominium
Bedrooms 1
Bathrooms 1
Request More Info
Sale Pending
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 "
SALE PENDING
 $399,900 CAD
"Plus GST"
Size 612 sq. ft.
Style Apartment
Type Residential
Bedrooms 1
Bathrooms 1
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Homes for Sale in James Bay, Victoria, British Columbia $299,000
16 photos

500 Oswego St, Suite 702, James Bay

$299,000 CAD
Size 465 sq. ft.
Style Single Story
Type Residential
Bathrooms 1
Request More Info
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