I just finished uploading this House, 27 Lewis Street.

James Bay area in Victoria, BC, Canada - A Beautiful 'Zebra Design' home.  Completely new construction in 1996, re-zoned from Single Family to Duplex, but only an outside shed wall is attached.  NO COMMON WALL feels like a Single family home surrounded by Mediterranean gardens and a gorgeous gated wrought iron entry.  A one minute walk to Dallas Road oceanfront.(beach)  Enjoy the cozy gas fireplace in the spacious living room.  Bright open kitchen with eating and sitting area that leads through double French doors into an amazing private patio/garden to enjoy everything from romantic meals to sun bathing!  Upstairs offers three bedrooms and 2 full bathrooms one  being an en-suite.  Also upstairs for convenience, a full size Whirlpool Duet washer/dryer.  Draperies from London's Osborne & Little and Harrods.  Wood blinds and drapes stay with the home.  Roughed in Central Vac.  This one is really special..excellent location for beautiful strolls...parks, paths, and oceanfront.  Close to all amenities.    

2007 BODES WELL FOR ALL IN VICTORIA REAL ESTATE

In 2006 the value of all property transactions through the Victoria Real Estate Board's (VREB) Multiple Listing Service hit a new record high of nearly $3.4 billion in 2006, up from $3.2 billion in 2005. 

For the first time in history, the value of single-family home sales exceeded $2 billion; the value of all condominium sales increased by nearly seven percent to over $614 million.  The overall average price for single family homes for the year rose by 12.5% to $521,460; the average for condominiums rose by 13.6% to $286,058 and the average for town homes rose by 6.3% to $366,080.

In addition, last year more properties became available for sale and the rate of price increases slackened a little bit.  "Volume and average transaction values were both healthy; "notes Judy Gage, President of Royal Le Page Coast Capital Real Estate.  All indicators point to a strong and stable real estate market in 2007.  "We expect to see a wide choice of properties available for buyers coupled with strong demand for homes that re priced realistically.  Prices are expected to increase during the year, but at t more modest pace than in recent years." 

Victoria will remain an excellent real estate market for the long term.  In-migration is predicted to remain strong, employment is up and we continue to be ranked as one of the most beautiful cities in the world, according to the prestigious travel magazine, Conde Nast Traveller.

For more information on the burgeoning island real estate market, please call Brenda Russell at 250.744.4556 or toll free from anywhere in North America at 1 800 550 0585.

I just sold this House at 4049 Livingstone Avenue N, Victoria BC in the Saanich East (Mt Doug) neighborhood.

View this recently sold House or see all my home sales

In the popular Oak Bay area of Victoria, so far you will see the activity in the different Map areas.. I started with South Oak Bay.

South Oak Bay has 16 current listings, 4 pending sales and 1 sold listing.

North Oak Bay has 1 current listing and no pending sales or sold listings.

Gonzales has 2 current listings, 1 pending sale and 1 sold listing.

Estevan has 5 current listings, 1 pending sale and 4 sold listings.

Henderson map area has 12 current listings, 1 pending sale and 6 sold listings.

Uplands so far this year has 11 current active listings, 1 pending sale, and no sales to date.

I hope this helps give you an idea of the activity in Oak Bay since the start of the year!  Stay tuned for more updates on the Listings and Sales in the Oak Bay Real Estate Market.