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The Press and others like to quote high numbers to get your attention...Many Times this can be misleading when it Victoria Homes Neighbourhood Market Reviewcomes to Saying Victoria Home Home Sales are on or off from Previous Times. What is import is each Local Neighborhood Activity for Home Sales and Homes For Sale in Victoria, BC.

Real Estate Activity is always Local....
It easy to Quote averages for an entire City or entire Region like Greater Victoria, but it can be very misleading when you are Buying or Selling a Home. 

Lets look closer at Victoria Homes For Sale on MLS,
 and Pending Home Sales in a few local neighbourhoods of Victoria. 

Victoria Home Market Review Breakdown

  • Every Neighbourhood including outside Greater Victoriathere are  2278 Listings For all the Single Family Homes For Sale.
  • The Victoria Core Area, Westshore, and the Saanich Peninsula (not including Sooke) there are Currently  1352 Single Family Homes For Sale
  • Just the Victoria Core area of Victoria (not including Westshore or the Saanich Peninsula) there are Currently only 765 Single Family Homes For Sale.

So lets assume you are wanting to Buy your next home in one of the following Victoria neighbourhoods. Lets review their current listings and pending sales for the following neighbourhoods.

  • Gordon Head Number of available Homes For Sale is only 50, Number of Pending Home Sales  
  • Royal Oak Number of available Homes For Sale is only 7, Number of Pending Sales 3
  • Fairfield East Number of available Homes For Sale is only 23, Number of  Pending Home Sales   
  • Colwood Number of available Home For Sale is 62, Number of Pending Home Sales 8
  • Gorge Number of available Homes For Sale is 13, Number of Pending Sales 3    

Notice above how each Neighbourhood number of Homes For Sale and Pending Homes Sale Differs....For current Real Estate Values and sales activity look locally where you are wanting to buy or sell a home in Victoria, BC

There are some Nice Victoria homes For Sale, the numbers of available Homes in an area you like falls off Quickly, especially even more so when you search in your budgeted Price Range for your Next Dream Home.

Put My Experience Selling Victoria Homes since 1971 to work for you.


Published Thursday, November 8, 2012 2:56 PM by Fred Carver Personal Real Estate Corporation

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