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Victoria Realtor Fred Carver ACRE 250-598-2963 Accredited Consultant

FEBRUARY OAK BAY VICTORIA MILLION DOLLAR HOME SALES MARKET SNAP SHOT

FEBRUARY OAK BAY VICTORIA MILLION DOLLAR HOME SALES MARKET SNAP SHOT

OAK BAY HOMES SALES OVER A MILLION DOLLARS in Victoria BC has been busy.

As of February 23/12 there are currently 5 Pending Oak Bay Home Sales over one Million Dollars. With an average Selling Price of of $1,510,000 ...One pending sale is over 2.6 million bringing the average selling price up.....Plus there were five completed Sales Since January with a average sale price at $2,274,000 an Uplands waterfront home sale over 6 Million brought up the average.

Overall there have been 41 homes Sold over one million dollars in Oak Bay with an Average Selling Price of $1,570,865 since July 30, 2011.

What is interesting is the Short time or Days on the Market Average of 53 days for home sales over the million dollar price range in 2012 for OAK BAY in Victoria, BC

Along Beach Dr-Fred Carver

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VICTORIA GOLF COURSE HOME …ON THE 8th & 9Th FAIRWAY

VICTORIA GOLF COURSE HOME ….ON THE 8th & 9th FAIRWAYS

Imagine waking up in your own Luxury two bedroom Condo with views of 8th & 9th Golf Fairways and living directly on the a world Class Jack & Steve Nicklaus golf course.
8 & 9th Fairway-Fred Carver
St Andrews Walk East is located a destination retirement or holiday Golf Resort, located in Victoria’s Luxury Mountainside Resort above Victoria.. known as BEAR MOUNTAIN.

Bear Mountain 19th Hole-Fred Carver

Come and experience a dream of living in one of Canada’s most Spectacular mountainside resort communities.

Bear Mountain offers Two World Class (36 Holes of) Jack & Steve Nicklaus Golf Courses, plus a Westin Resort Hotel, Exquisite restaurants, Master Lounge, Mountainside Athletic club with one of the finest Sante Spas you will ever find......all just minutes from beautiful Victoria on scenic Vancouver Island.
Victoria is an enchanting harbor city with a rich history, breathtaking views and old world charm.

Here is the two Bedroom two Bathroom Luxury Condo in St. Andrews Walk facing the Golf Fairways...Enjoy my walk through video tour. Call me for an appointment to see this quality retirement or vacation home.

Victoria Golf Courses


IN VICTORIA IS NORTH AMERICAS LARGEST TEA FESTIVAL FEB 18/19-2012

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.

  • Tea is the world’s most popular beverage after water.
  • Over 300 litres of water are used to steep tea at the festival

Victoria Tea Festival-Fred Carver

  • Where: The Victoria Conference Center’s Crystal Garden
  • When: Saturday Feb 18th and Sunday Feb 19th
  • Admission: $25 at the Door, Advance tickets $20 visit www.victoriateafestival.com or call 250-370-4880 for a list of Ticket outlets.

Tea Festival-Fred Carver

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 FEBRUARY 2012 UPDATE

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

Victoria Golf Course-Fred Carver

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

South Oak Bay-Fred Carver

Source: www.1-victoria-real-estate.com

VICTORIA REAL ESTATE SHOWED INCREASED SALES ACTIVITY IN JANUARY

VICTORIA REAL ESTATE SHOWED INCREASED SALES ACTIVITY IN JANUARY

Jan Home Sale-Fred CarverIn 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.

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