IN VICTORIA IS NORTH AMERICAS LARGEST TEA FESTIVAL FEB 18/19-2012
Are you Attending the Victoria Annual Tea Festival...many are, in fact they are expecting a record turn out this year for the 6th Annual Tea Festival.


The Victoria Tea Festival is a fundraiser for Camosun College’s Child Care Services and is sponsored by Silk Road Tea, Murchies Tea & Coffee, Serious Coffee, VanCity Credit Union, Victoria Times Colonist Newspaper, Chek TV News and Ocean 98.5 radio.
OAK BAY BC SOUTH OAK BAY REAL ESTATE UPDATE
As we head full steam ahead into February 2012, Real Estate is busy throughout the City of Victoria in South Oak Bay ....one of the most popular and sought after areas to live and raise a family.
I spend a lot of time as youth and an adult living in South Oak Bay.
All Homes South of Oak Bay Ave are in South Oak Bay.
Google Map of South Oak Bay
Current Number of homes in South Oak Bay total 26 homes For Sale...the Average Asking Price = $ 2,072,065 (One waterfront home on King George Terrace is Listed at $9,500,000 and another waterfront home on Beach Dr is listed for $10,999,000, bringing the average listing price up in South Oak Bay)
Current Pending Sales in South Oak Bay Total = 6...The Average Pending Sale Price = $1,175,000 total Days on the Market 47
YTD to Date Sales from Feb 12/11 to Feb 12/12 Total 93 Homes Sold over the last 12 months in South Oak Bay..The average Selling Price in South Oak Bay was $977,361
I did a YouTube video driving through South Oak Bay to give you an idea of the homes and neighborhood....Enjoy !
Here is a 30 Day Market Report Snapshot for Current listing, Pending Sales, Expired and Canceled listing and Solds

Source: www.1-victoria-real-estate.com
VICTORIA REAL ESTATE SHOWED INCREASED SALES ACTIVITY IN JANUARY
In January 2012 Victoria Real Estate Sales where up almost 10% over January 2011.
I noticed a change the very first week of January with Showings on all of my Listings. One of my listing in Fairfield ended up Selling from the result of Competing Offers. The Buyer came from my Open House the First Saturday in January.
My First Open House of the year was Very Busy with Home Buyers, the interest was way above the number I usually see at an Open House...Over 20 Couples came through.
Our Victoria Real Estate Board President Carol Crab is quoted from her report to day as Saying.....“Buyers are still price sensitive and very aware of the market values of homes.Sellers need to be aware that average prices trending up or down may not apply to their market area. They should consult with REALTORS® regarding prices in their own neighbourhood communities.”
Carol Goes on to Say......“Buyers seem to be tired of all the doom and gloom stories
about the global economy,” Crabb adds. “Interest rates are good and
they are keeping our Members busy with showings.”
I could not agree more with Carols Statement...The Negative Press on Financial Doom & Gloom in Europe every night on TV was effecting Home Buyer Confidence in Victoria. It stopped in January and that maybe the reason our Buyer Activity has picked up.
Inventory is down and Prices ares are more competitive and Victoria home Buyers are acting as Victoria Home Sellers Sharpen their pricing and Curb appeal.
Record low mortgage interest rates are certainly Good for Home Buyers in Victoria.
Find Homes in Victoria For Sale
VICTORIA RE/MAX GAINED MORE MARKET SHARE IN JANUARY
The 2012 Year Started out Crazy Busy for me and Re/Max in Victoria, BC.
Re/Max Increased our Market share even more in January.
Put My 40 Years of Experience selling Real Estate to work For YOU..Call me and Lets have a coffee and talk about your Real Estate needs.
SPEECHLESS SUNDAY-SAMMY THE SEAL
A trip to Victoria Fisherman’s Wharf, almost any day, you’ll find Sammy.
He’s a Local Harbour Seal that everyone feeds and he Loves it!!
When you’re in Victoria be sure to Visit Fisherman’s Wharf and Meet Sammy.
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