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We are proud to announce that this Sunday, June 29, 2008, 2:00 PM to 4:00 PM we will be hosting an Open House at 2507 Wootton Crescent in Oak Bay, Oak Bay, Victoria. This is an opportunity to visit this excellent House for sale in beautiful Oak Bay.
Please come with any questions you may have. In the meantime you can take a virtual tour of this Oak Bay House for sale.
As always please do not hesitate to give me a call at 250.744.4556 if I can answer any questions before the open house, or if you would like to book a private showing.
Brenda Russell
Royal Lepage Coast Capital Realty Oak Bay

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We are proud to announce that this Saturday, June 21, 2008, 1:00 PM to 3:00 PM we will be hosting an Open House at 853 Selkirk Avenue in Esquimalt, Victoria. This is an opportunity to visit this excellent Condominium for sale in beautiful Esquimalt.
Please come with any questions you may have. In the meantime you can take a virtual tour of this Esquimalt Condominium for sale.
As always please do not hesitate to give me a call at 250.744.4556 if I can answer any questions before the open house, or if you would like to book a private showing.
Brenda Russell
Royal Lepage Coast Capital Realty Oak Bay

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We are proud to announce that this Saturday, June 14, 2008, 2:00 PM to 4:00 PM we will be hosting an Open House at 1730 Richardson Street in Fairfield, Victoria, . This is an opportunity to visit this excellent House for sale in beautiful Fairfield.
Please come with any questions you may have. In the meantime you can take a virtual tour of this Fairfield House for sale.
As always please do not hesitate to give me a call at 250.744.4556 if I can answer any questions before the open house, or if you would like to book a private showing.
Brenda Russell
Royal Lepage Coast Capital Realty Oak Bay

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I just finished uploading this Land for sale, Lot #73 Kinnoull Crescent, Malahat & Area, BC

ATTENTION BUILDERS! A chance to build on the last lot in Mill Springs Village. Lot #73 (Seller has already paid the GST). All the Craftsman Style Homes on this street are finished except this lot that is now available! The side walk is already in...you don't have to listen to other neighbors build their homes because this is the only lot available from Phase 3...just build yours! Great opportunity in a development with a total of 12 phases planned. This is one of the largest lot sold in this phase - check it out now. A nice, Classic development. Approximately 45 minute drive from Victoria, BC.

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We are proud to announce that this Sunday, June 8, 2008, 2:30 PM to 4:00 PM we will be hosting an Open House at 124 Rendall Street in James Bay, James Bay, Victoria . This is an opportunity to visit this excellent House for sale in beautiful James Bay.
Please come with any questions you may have. In the meantime you can take a virtual tour of this James Bay House for sale.
As always please do not hesitate to give me a call at 250.744.4556 if I can answer any questions before the open house, or if you would like to book a private showing.
Brenda Russell
Royal Lepage Coast Capital Realty Oak Bay

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Victoria Real Estate Update May 2008

 

Today the Victoria Real Estate Board published their News Release outlining the activity for the month of May and comparing it to 2007.

More Choices Now Available for Home Buyers  

 

With a return to a balanced real estate market, home buyers in the Victoria area now have a much 

larger pool of properties from which to choose.  The number of properties available for sale 

increased to 4,332 in May – a 25 % increase over the same month a year ago and the highest level 

since June 1998. 

Victoria Real Estate Board President, Tony Joe, notes that despite this increase, prices and sales 

remain stable although the number of sales is down compared to a year ago.  “There was a total of 

770 sales of homes and other properties in May through the Victoria Real Estate Board’s Multiple 

Listing Service® (MLS®), virtually unchanged from the 768 sales in April but down from the 963 

sales in May of last year.  However, 2007 overall was an exceptional year with the highest number 

of sales since 1991.”  Joe noted that a significant number of new properties came on the market last 

month: “There were 1,850 new listings in May – the highest number for a single month in over 18- 

years”.  Joe added that 24 sales over $1 million had an impact on the overall average price of single 

family homes in Greater Victoria which last month was $601,897; the six-month average was 

$606,985 though median was considerably lower at $545,000.  There were also three sales on the 

Gulf Islands of over $1 million. 

The average price of all condominiums sold in May was $336,157; the average for the last six 

months was $333,208.  The median was again lower at $295,500.  The average price of all 

townhomes sold last month was $435,058; the six month average was $433,854. The median price 

was $394,900.  

MLS® sales last month included 470 single family homes, 168 condominiums, 71 townhomes and 

25 manufactured homes.  

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.