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Thinking about buying or selling a home,
condo or townhouse in
Victoria, BC?
 

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NEWS FLASH Victoria real estate market shakes off winter doldrums

A total of 563 properties sold in the Victoria Real Estate Board region this February, 33.7 per cent more than the 421 properties sold in February 2019 and 37 per cent more than in January 2020. Sales of condominiums were up 35.7 per cent from February 2019 with 175 units sold. Sales of single family homes increased 23.7 per cent from January 2020 with 271 sold.

"February brought the bloom of an early spring market," says Victoria Real Estate Board President Sandi-Jo Ayers. "Sales numbers are up substantially from last year, which in part indicates that our spring market may have arrived a bit earlier than a lot of our local blossoms. Additionally, we need to consider that last year's sales activity was quite weak until April and May. Despite a thirty plus percent increase in total sales over last year, our ten-year average for total sales in February is 537, so we are within less than five per cent of our long-term average for the month."

There were 2,127 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of February 2020, 4 properties fewer than the total available at the end of February 2019 and an 8.6 per cent increase from the 1,958 active listings for sale at the end of January 2020.

"One of the most prominent aspects of our market right now is this continued low inventory," adds Ayers. "Our ten-year average active listings for the month of February is 3,007. We concluded this month with just over 2,000 active listings, which means a lot less choice for consumers, more pressure on pricing and multiple offers."

The graphic below shows market price activity for Single Family Homes in Greater Victoria 
over the past year

If you are considering buying or selling anywhere on the South Island,
call 
Lorne Tuplin today 250-217-4600!


Thinking about moving to Victoria

As baby boomers continue to retire in ever increasing numbers and  people from Vancouver sell their multi-million dollar homes and relocate here, prices will continue strong. There is no denying the incredibly strong pull to this Island Paradise!  

I offer you leading edge technologies for your upcoming real estate transaction, while at the same time provide you with First Class Service! 

 

Victoria BC


Victoria, British Columbia... what's not to like?!! With it's mild climate producing liquid sunshine in the winter in place of snow, it is becoming the destination of choice for Baby Boomers all over the world.

Victoria is a metropolitan City that has many residents of British descent, but is increasingly attracting buyers world wide. Even with the currency change with our closest neighbor, United States, it is little wonder that American citizens are still flocking to Victoria and buying luxury ocean front condominiums, view properties and ocean front estates. With prices on the rise, Victoria is expensive but not when compared with other top tourist destinations. Check out other international tourist destinations then look again at our prices and I think you will agree that there is a lot of room for increase yet!

Golf? You bet! There are many amazing golf courses in the South Island area. These include the ocean front Victoria Golf and Country Club, Olympic View with its waterfall backdrop on one hole and many others... most open all year long.

If you want a get away, check out one of our luxury hotels. Included are the Empress, Laurel Point and Delta Ocean Pointe all overlooking the inner harbour. Fine dining includes Hunter's Steakhouse, Chandlers on Wharf, The Marina in Oak Bay and Pescatore's Fish House, just to name a few. Attractions include the world renown Butchart Gardens, Royal BC Museum, Royal Wax Museum, Craigdarroch Castle and of course whale watching. This is not a boring one horse town, but you can go for a carrige ride through the streets!

If you are considering a move to the Victoria area, or if you are lucky enough to reside here already, you will find this site and it's newly re-created sister site at
www.houseseek.com  will provide you with all the information and resources you require... PLUS if you sign in, you can do your own map searches (Brand new technology!) Thank you for visiting! 
  

Serving Greater Victoria and area.  Call Lorne Tuplin for Langford Real Estate,  

Colwood Real Estate, Metchosin Real Estate, Sidney Real Estate,

  North Saanich Real Estate, Central Saanich Real Estate,

Saanich East Real Estate, Saanich West Real Estate,

 View Royal Real Estate,  Oak Bay Real Estate

Esquimalt Real Estate and Sooke Real Estate. 

Call Lorne Tuplin to buy or sell Victoria Homes,

 Victoria Real Estate, Victoria Condos,

Victoria Area Acreages, and  Victoria Area Waterfront & Water view homes

  RE/MAX Camosun, Victoria, British Columbia

 
 
 
 
Lorne Tuplin
Email Lorne
 
Phone: 250-478-9600
Toll-Free: 1-877-478-9600
Cell: 250-217-4600
Fax: 250-478-6060
Address: 101-791 Goldstream Ave
City: Victoria
Province: British Columbia  V9B 2X5

 

RE/MAX Camosun