Please come with any questions you may have. In the meantime you can take a virtual tour of this Highlands Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

Please come with any questions you may have. In the meantime you can take a virtual tour of this Highlands Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

Please come with any questions you may have. In the meantime you can take a virtual tour of this Highlands Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

Please come with any questions you may have. In the meantime you can take a virtual tour of this Fernwood Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

Please come with any questions you may have. In the meantime you can take a virtual tour of this Highlands Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

Please come with any questions you may have. In the meantime you can take a virtual tour of this Highlands Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

Last Half of 2011 Sees Stabilized Real Estate Market 

Real Estate Activity Stable in November

Real estate sales activity remained steady throughout Greater Victoria last month with a total of 482 homes and other properties selling through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), virtually unchanged from 483 sales in October. There were 479 sales in November of last year. Overall prices, meantime, remained mixed, depending on price measure and property type. 

Victoria Real Estate Board President, Dennis Fimrite, said the continued stability in sales is indicative of a balanced and healthy market, “We were pleased to see that sales last month were higher than in November of last year and showed little change from October. Looking forward, we anticipate continued stability as we move into 2012.” Fimrite noted that there was some variability in prices last month, depending on property type, “It’s important to look at price changes over several months to determine what trends are developing as there will always be month-to-month fluctuations in prices depending on what properties sell in a given month.”

He added that that there were 11 single family home sales of over $1 million in November including one for over $6 million in Oak Bay.  Fimrite added that the number of properties available for sale eased last month to 4,329 compared to 4,687 at the end of October. “Inventory levels remained 16 per cent higher than a year ago but have fallen back from a peak of over 5,000 seen earlier this year.”

The average price for single-family homes sold in Greater Victoria last month was$592,034, down slightly from $595,836 in October. The median price also declined to $530,000 (from $539,750) while the six-month average declined to $613,259. The overall average price for condominiums last month was $320,558, up from $307,329 in October. The median price for condominiums in November also increased to $296,000 (from $277,000) while the average for the last six months declined slightly to $321,941. The average price of all townhomes sold last month was $380,675 compared to $428,040 in October. The median price declined to $360,000 (from $374,500) while the six month average declined to $425,095.

MLS® sales last month included 293 single family homes, 104 condominiums, 48 townhomes and 10 manufactured homes.

*** While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®. ***

Gorgeous and extensively renovated house on a large riverfront lot. The original 1910 home was gutted and treated to a $170k improvement. Main level has vaulted ceilings, a Chef's dream kitchen (vaulted ceilings, gas range, distressed wood cabinets, fir floors, black appliances, breakfast bar, 3" maple butcher's block, views), gas f/p, wood blinds. Large main bedroom with deluxe ensuite featuring cast iron tub. 2nd bedroom on main level has murphy bed. Living room has original dark hardwood floors and a gas fireplace - looks and feels warm! Downstairs has a self contained, 2 bedroom, legal in-law suite with separate laundry and extra soundproofing between suites. Excellent source of income or easily reattached to main level if one family chooses to enjoy this house. Updated windows, electrical (200 amp), insulation, cedar siding, asphalt roof (incl. garage), plumbing and more. Serene 0.4 acre lot with dog run, double garage, carport, and gazebo - steps from Cuthbert Holmes park. Meadow park/playground just across Ker Ave. MORE INTERIOR PHOTOS AND FLOORPLANS AFTER DEC 15TH BUT IT CAN BE VIEWED NOW WITH 24 HRS NOTICE.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Fernwood Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

November 1, 2011

Real Estate Activity Increases in October

Real estate sales activity showed a modest increase throughout Greater Victoria last month with a total of 483 homes and other properties selling through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), up from 458 sales in September. There were 467 sales in October of last year. Overall prices, meantime, remained mixed, depending on price measure and property type.

Victoria Real Estate Board President, Dennis Fimrite, said the increase in sales activity is good news and reflects ongoing stability in the market, “It is encouraging to note that sales last month were higher than in the previous month and compared to October of last year.” Fimrite added that there will always be month-to-month fluctuations in prices and that average prices are particularly susceptible to change depending on whether more higher priced or lower priced properties sell in a particular month. “There was some general softening in most price measures last month but it is interesting to note that while the overall average price for single family homes declined last month, the median price actually rose by almost $5,000,” noted Fimrite. He added that that there were 14 single family home sales of over $1 million in September including one on the Gulf Islands.

Fimrite added that the number of properties available for sale eased last month though inventory levels remained 16 per cent higher than a year ago. “The number of properties available for sale declined last month to 4,687 compared to 4,940 at the end of September.”

The average price for single-family homes sold in Greater Victoria last month was $595,836, down from $622,393 in September. However, the median price increased to $539,750 (from $535,000) while the six-month average decreased slightly to $619,828. The overall average price for condominiums last month was $307,329, down from $332,490 in September. The median price for condominiums in October declined only slightly to $277,000 (from $279,900) while the average for the last six months declined to $323,039. The average price of all townhomes sold last month was $428,040 compared to $436,039 in September. The median price declined to $374,500 (from $391,000) while the six month average declined to $438,167.

MLS® sales last month included 260 single family homes, 145 condominiums, 46 townhomes and 10 manufactured homes.

While the use of average price information can be useful in establishing trends when applied over a period of time, i.e. six months or longer, the Victoria Real Estate Board cautions that an average price does not indicate the actual value of any particular property. Those requiring specific information on property values should contact a REALTOR®.

This two bedroom mobile home is located on the Trans Canada Highway for an easy drive to shopping in Mill Bay or Cowichan Bay, Arbutus Ridge Golfing, Cowichan Bay and Mill Bay Marinas and easy commute to Victoria or Duncan. Enjoy the spacious landscaped pad with huge patio for outdoor enjoyment. If you are looking for comfortable and convenient affordable housing, here it is. Springwood Park is a well maintained, 55+ park, where pride of ownership is evident throughout. Easy to view.

Charming Fernwood home that has been fully updated and renovated with over 70k in improvements including: new windows, new electrical, new insulation, new heating, new stucco, new deck, new kitchen, new bathrooms, and more. New paint and flooring throughout main level. Wood burning fireplace in living room. Big kitchen with eating area. Basement is semi-finished with laundry area, bedroom, and 3 piece bathroom - ideal for adding a 1 BR suite. Detached single garage with automatic door. Backyard is partially fenced and has a high hedge for privacy. Immediate possession possible - move in ready.

View this recently sold Single family home or see all my home sales

View this recently sold Single family home or see all my home sales

Please come with any questions you may have. In the meantime you can take a virtual tour of this Cadboro Bay Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

Please come with any questions you may have. In the meantime you can take a virtual tour of this Cadboro Bay Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

Please come with any questions you may have. In the meantime you can take a virtual tour of this Cadboro Bay Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

Please come with any questions you may have. In the meantime you can take a virtual tour of this Cadboro Bay Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty

Please come with any questions you may have. In the meantime you can take a virtual tour of this Fernwood Single family home for sale.

As always please do not hesitate to give me a call at #250-217-5091 if I can answer any questions before the open house, or if you would like to book a private showing.

Kevin Ramsay
Fair Realty