About Victoria's Oak Bay

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Follow me here to Find a Current List of Homes For Sale in Oak Bay BC

Oak Bay Real Estate Single Family Homes and Condominiums For Sale and Sold in July 2009

We here at Fred Carver Real Estate Sales and Marketing continuously monitor local real estate statistics on the South Side of Victoria to keep our clients informed and ahead of the real estate trends.

I thought I would search our recent Sales and current Oak Bay homes and condo's for sale to find out is what's happening around the popular Garden Community of Victoria this Summer.....from June 30th to July 23, 2009

There seems to be considerable Real Estate activity with Single Home and Condominium Listings and Sales in this Victoria garden community.

This report may indicate a positive market trend in the coming months with Oak Bay real estate, resulting from the current brisk real estate activity with Single Family Homes, Condominiums and Townhouse fresh Listings and quick Sales throughout the Oak Bay Municipality of Victoria.

Oak Bay is a popular area of Victoria to live for home Gardeners, due probably to the year round mild weather here. Why you ask...Because The nearby Pacific Ocean Temperatures around the Southern part of Vancouver Island are near 50 degrees year round. This large body of water is also a huge energy source heating or cooling the air and land mass near by...Oak Bay and the Homes located there. All because of the Japanese Gulf Currents in the Straights of Juan de Fuca off the Oak Bay waterfront.

Current Number of Single Family Homes For Sale in Oak Bay = 73
Average Asking Price = $ 1,563,000 (41 Homes over 1 million dollars for sale)
Average Days on the Market = 67

Current Pending Number of Sales = 45

Average Pending Selling Price = $ 802,000 (not counting one sale at $5,645,000 on Humber Rd which would have pushed this month average price to $910,000)
Days on the Market = 46
Single Family Homes Sold (completed Sale) = 37
Average selling price = $ 805,889
Average Days on the market = 41

Current Number of Townhouses For Sale in Oak Bay = 0
Current Pending Number Sales = 1
Selling Price= $ 370,000
Days on the Market = 16
Townhouses Sold = 1 (Oak Bay does not have many TownHouses)
Selling price = $ 473,000
Days on the Market = 28

Current Number of Condo's For Sale in Oak Bay = 20
Average Asking Price = $ 356,900
Average Days on the Market = 72
Current Pending No Sales = 7
Average Pending Selling Price = $ 543,900
Days on the Market = 70
Condo's Sold (completed Sale) = 7
Average Selling Price = $ 487,400
Average Days on the Market = 81

Search for Oak Bay Homes For Sale Here

Information source: Victoria Real Estate Board Database July 2009.

Data compiled by Fred Carver who has 35 years experience selling real estate in and around Oak Bay for Re/Max Camosun

Original Source Victoria Real Estate Blog

Cheers

Fred Carver
Re/Max Camosun-Oak Bay

2239 Oak Bay Ave, Victoria, BC V8R 1G4
Victoria, BC
250-598-2963

Victoria Homes and Properties For Sale

Copyright © 2009 By Fred CarverAll Rights Reserved "Oak Bay real estate single family homes and condominiums for sale and sold in July 2009 "

We here at Fred Carver Real Estate Sales and Marketing continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.

I thought I would search our recent Sales and current Listings of homes for sale in the Oak Bay Municipality to See what's happening around the Real Estate Garden Community of Victoria this Summer.....from June 9 to July 9, 2009


There seems to be considerable Real Estate activity since Last winter as Home Sales in this garden community appears brisk.
This report mayOak Bay Gardener not indicate a market trend in the coming months in Oak Bay BC, however it should give you an idea of the current real estate activity with single family Homes,Condo and Townhouses sales,along with the current inventory of these properties for sale in Oak Bay District of Victoria BC .

Current Number of Single Family Homes For Sale in Oak Bay = 66
Average Asking Price = $ 1,594,000 (38 Homes over 1 million for sale)
Average Days on the Market = 60

Average Pending Selling Price = $ 933,5469 (one sale at $5,645,000 on Humber Rd has pushed this month ave price higher)
Days on the Market = 47
Single Family Homes Sold in 2009(completed sales Jan 1 to July 9/09) = 130
Average selling price = $ 748,378
Average Days on the market = 60

Current Number of Townhouses For Sale in Oak Bay = 1
Average Asking Price= $ 379,900
Average Days on the Market = 10
Current Pending No Sales = 3
Average Pending Selling Price= $ 587,667
Days on the Market = 78
Townhouses Sold in 2009(completed sales Jan 1 to July 9/09) = 8
Average selling price = $ 436,500
Average Days on the Market = 109

Current Number of Condo's For Sale in Oak Bay = 21
Average Asking Price = $ 442,625
Average Days on the Market = 73
Current Pending No Sales = 7
Average Pending Selling Price = $ 430,414
Days on the Market = 78
Condo's Sold in 2009(completed Sales Jan 1 to July 9/09)) = 31
Average Selling Price = $ 379,577
Average Days on the Market = 58

Information source: Victoria Real Estate Board database.
Data complied by Fred Carver who has 35 years experience selling real estate in Oak Bay for Re/Max Camosun

Original Source Victoria Real Estate Blog

Cheers

Fred Carver
Re/Max Camosun-Oak Bay

2239 Oak Bay Ave, Victoria, BC V8R 1G4
Victoria, BC
250-598-2963

Victoria Homes and Properties For Sale

Copyright © 2009 By Fred CarverAll Rights Reserved "Oak Bay Homes,Condo's and Townhouse Listings and Sales July 2009 "

What is Going on with Oak Bay Real Estate, Victoria BC !

I thought I would share with you the Current Heart Beat of the Oak Bay BC real estate market place Today around Oak Bay .This Morning I looked up on our MLS system Oak Bay Map Areas North Oak Bay, Uplands, Estevan, South Oak Bay,Gonzales and Henderson for Current residential single family Listings and Pending Sales...

Surprising to see the Amount of Activity in Pending Home Sales...Wow.

In the Month of June there where a total 60 Oak Bay Sales, with 49 Single Family Homes and 11 Condo's Sold

Here are the 6 real estate map areas of Oak Bay

• North Oak Bay there are Currently 4 Homes & 1 Townhouse For Sale and 3 Pending Sales.That's 75% of the Listings in North Oak Bay are Selling

• Uplands there are currently13 Homes For Sale & 4 Pending Sales..With an Average Selling Price of $2,373,500 .One Sale was for5.6 Million on Humber Rd
• Estevan there are currently 3 Homes For Sale with 3 Pending Sales...What Slow Market, a popular area to live in Oak Bay:.
  
• Henderson there are currently 8 homes For Sale with 10 Pending Sales. Wow !
• South Oak Bay there are currently 36 Homes For Sale with 17 Pending Sales with an average selling price of $841,529
• Gonzales there are currently 3 homes For Sale with 1 Pending Sales Not a lot homes For sale in this popular area

As you Can See there is an active Real Estate Market in Oak Bay, Low Mortgage Rates are Helping Homes Sales throughout the Oak Bay and Victoria Region.

What's Your Home Worth in Today's Real Estate Market?..Call Fred Carver 250-598-2963 for a Complementary Market Evaluation.

Original Source Victoria Real Estate Blog

Cheers

Fred Carver
Re/Max Camosun-Oak Bay

2239 Oak Bay Ave, Victoria, BC V8R 1G4
Victoria, BC
250-598-2963

Victoria Homes and Properties For Sale

Copyright © 2009 By Fred CarverAll Rights Reserved "What's Going on With Oak Bay Real Estate"

We here at Fred Carver Real Estate Marketing Re/Max Camosun Oak Bay continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Oak Bay real estate market update for the month of June 2009.

NEW listings in June of Single family Homes, Condo’s and Townhouses = 31

Number of New Pending Sales= 60

Number of Sold’s (completed sale)= 50

Number of homes, Condo's and Townhouses Listings Expiring= 3

Current Pending Sales -Average days on the market= 54

Year to-date (02/03/08 to 02/03/09) Activity: Solds = 294 Total Pending = 60

Current Active listings of homes, condo’s and townhouses = 93

Average Current Pending Selling Price in Oak Bay :

Single Family Homes = $925,578 from 49 new sales.

Condo & Townhouse = $518,627 from 11 new sales.

Go Here to find the value of your Oak Bay Home

If you would like a free list of homes for sale in this neighborhood, and would like more information about Oak Bay or would like to be the first to know about HOT new listings before other buyers do, then give me a call at: 250-598-2963

Fred Carver Associate Broker

Promise Made…Promises Kept !

Fred Carver Real Estate Marketing with Re/Max Camosun-Oak Bay 250-598-2963

Find Hundreds of homes for sale throughout Victoria & Oak Bay

Original Source Victoria Real Estate Blog

Cheers

Fred Carver
Re/Max Camosun-Oak Bay

2239 Oak Bay Ave, Victoria, BC V8R 1G4
Victoria, BC
250-598-2963

Victoria Homes and Properties For Sale

Copyright © 2009 By Fred Carver All Rights Reserved "Oak Bay Real Estate Market Update June 2009"