Esquimalt 2008 - 2012 Historical Real Estate Market Trends.
Historical Real Estate Market Trends for Esquimalt 2008 - 
2012
Peter and Linda Pfann, are Realtors assisting Esquimalt and Greater Victoria bound clients from down the block or from across the globe with buying, selling, investing and retiring in and around Greater Victoria, BC Canada since 1986.
We are pleased to provide you with the Historical Esquimalt Market Trend Statistics for 2 specific property types.
The Neighbourhoods and Areas forming Esquimalt included in this report are:
Esquimalt, Gorge Vale, Rock Heights, Saxe Point, Kinsmen Park and Old Esquimalt
The Esquimalt Property information below is very area specific information, however we would not suggest to use this information to establish the value of any one property, as there just too many details that can and often will affect the value of a property. If you are considering your real estate options, please do not hesitate to contact us.
For many the use of Historical Market Trends offers the proper perspective to analyze long term trends in any market place and determine how secure and safe guarded a long term real estate investment will be in any Esquimalt location.
The Esquimalt Historical Real Estate Market Trend Graphs below indicate the following:
- Esquimalt Single Family Home Average Prices (Values) nudged just over $ 500,000 by 2010 and have since receded back to the $ 500,000 mark for Average
- The Number of Esquimalt Single Family Homes Sold, saw a drop in the number of sales during 2010, and has started a modest recovery during 2011, while prices remained more or less unchanged.
- Esquimalt Condominiums (suites), Town-Homes and 1/2 Duplexes Prices (values) Started a decline in prices in 2009, but has since recovered in to a modest average value increase since 2010
- The Number of Esquimalt Condominiums (suites), Town-Homes and 1/2 Duplexes Sold declined during 2010, but has started a modest recovery in 2011 which seems a step in the right direction.
As to drawing possible conclusions for the Esquimalt Real Estate Market from these historical real estate market results :
- It would appear that the Single Family Home Market in Esquimalt is now at a price level that the Number of Sales is likely to continue as a strong market over the coming year to 18 months. This is offering both Sellers and Buyers the confidence that buying or selling, it is unlikely that values and number of sales will dramatically changes for the next 12 to 24 months (unless dramatic external issues changes the typical progression)
- As To Esquimalt Condominiums (suites), Town-Homes and 1/2 Duplexes, the story is one of the best in the region, with limited new construction inventory surplus is not much of a factor, which is reflected in the modest price increase over the past year. For Esquimalt Buyers; prices are likely to continue to increase modestly. For Sellers, it remains important to ensure that serious considerations is given to Proper Pricing, presentation and marketing to ensure that your property is truly showing that your property represents the best value in the market today.
Esquimalt Single Family Homes Historical Real
Estate Market Trends 2008 to 2012
Esquimalt Condominiums, Town-Homes, & 1/2
Duplexes Historical Real Estate Market Trends 2008 to
2012
On our Live interactive map you will see some of the current Esquimalt properties for sale (this is just a snapshot and not intended to be a complete inventory). For a more complete available homes for sale overview, we offer our Free Properties Search Services
On Friday December 16th there is a Christmas Lunch for Seniors at the Equimalt Recreation Center
