IN THIS ISSUE:
- July Market Statistics from VREB
- Featured Article: Family Fun in the Backyard
- August Community Events
Welcome to Summer! As you may have noticed, the summer months tend to be active in the real estate market. One reason is the desire of many buyers to get into their new homes by September. Another reason, of course, is the time people have available to look at properties.
Does that mean you shouldn’t sell your home in the “off season”? Not at all. In fact, there really isn’t an off-season in real estate. Homes sell for good prices at all times of the year.
So when you’re ready to make a move again, whether that’s this year, next year, or in five years, don’t be too concerned about the season.
The best time to sell your home is the moment you’re ready – and that can be at any time of the year. Call or email us if you have any questions. We're available any time you need answers or advice about anything real estate-related.
ally and dennis.
Scroll down to our events section for some popular activities that you can still do in and around our city!
VICTORIA MARKET STATISTICS FOR
Victoria real estate market continues to adapt in the changing times
August 4, 2020 A total of 979 properties sold in the Victoria Real Estate Board region this July, 38.7 per cent more than the 706 properties sold in July 2019 and 21.2 per cent more than the previous month of June 2020. Sales of condominiums were up 11.2 per cent from July 2019 with 239 units sold. Sales of single family homes were up 61.1 per cent from July 2019 with 559 sold.
"If we look at the numbers alone, June and July were unseasonably busy months and the number of sales this month are on the higher end of our market for a typical July," says Victoria Real Estate Board President Sandi-Jo Ayers. "But we are not in a typical season. We cannot derive an ongoing trend nor forecast by looking at activity because we know the market is subjected to unusual factors amidst a health crisis. Our spring market was delayed because of the pandemic. It is likely that our spring demand moved into summer now that folks are moving around our community more freely. Time will tell if these factors are resulting in a very compressed cycle of activity or if this trend will persist in the fall."
There were 2,653 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of July 2020, 10 percent fewer properties than the total available at the end of July 2019 and a 1.7 per cent decrease from the 2,698 active listings for sale at the end of June 2020.
Find the full report HERE.
Our Featured and SOLD Listings
FOR SALE! #6695 Tamany Dr, Central Saanich - $945,000
Welcome to 6694 Tamany Dr: a comfortable, peaceful home in Tanner Ridge. Sweeping views from principle rooms of Matindale Valley, Mt Baker and, generous, private, & quiet outdoor space, this home has a feel you must experience. Spacious foyer, bright living room with glorious views through a large bay window, a dining room w/ French doors to a covered patio area roomy enough large furniture. The efficient kitchen has had a recent reno & enjoys a pleasant outlook to the backyard. Up a few more steps to 3 sizeable bedrooms and full bath, including a huge main bedroom that will accommodate your king-size bed & walk-in closet & refreshed ensuite. Bonus is a massive view deck for morning coffee. The ground level is a terrific space in this home! An absolute gem offering many options for the executive working from home or teens needing space or a home gym. Incl a wood stove, laundry, 2-piece bath, separate entrance. Maybe a suite for Nana? This home has options galore. Plan to visit soon!
FOR SALE! 842 Wollaston St, Esquimalt - $629,000
Welcome to 842 Wollaston Street. This is just the cutest little spot ever! A sweet 2 bed 1 bath home on a private lot and a quiet street in an established neighbourhood, this home is excellent value in todays market for folks starting out or downsizing. At just over 1180 sq ft, this is perfect one level living on a crawl space with easy access to a beautifully landscaped yard and garden which includes a 23x11 single detached garage and separate storage. The home has a natural gas forced air furnace, gas fireplace plus a separate dining room and a sunroom with sky light. Super easy to show.
FOR SALE! #401, #402, #403, #404 - 2130 Sooke Rd, Colwood - $639,000 - $669,000
3D tours available and EASY to show. Welcome to 2130 Sooke Rd – a collection of high quality, spacious and modern townhomes located in the heart of Colwood and within walking distance to Royal Roads University. Each home features hot water on demand, gas FP and stove, heat pumps/AC, granite counters AND an ensuite bathroom in each bedroom! Every home has an unparalleled bonus: a legal studio suite on the main level with separate entrance, laundry and patio – a perfect mortgage helper or flex space. This complex is professionally managed. Purchase price includes GST.
FOR SALE! 1801 Pritchard Rd, Duncan - $689,000
SOLD! #203 & #301 Sooke Rd, Colwood - $585,000-$629,000
There’s still plenty of summer left! Enjoy it with these fun ideas you can do in your backyard!
1. BBQ Burger Bar
Why settle for boring burgers when your summer BBQ can have an amazingly tempting Gourmet Burger Bar featuring different types of burgers (beef, veggie, bison), a variety of buns, and all the toppings you can think of.
2. BBQ Hot Dog Bar
Another classic turned incredible is a Gourmet Hot Dog Bar. Same setup as the Burger Bar but for hot dogs!
3. Gourmet French Fry BBQ Bar
There’s no better combination of food than a burger and fries! A French Fry Bar has everything you could ever want to make your French fries and onions rings even more AWESOME! You could add gravy, chili, cheese sauce, or anything else you love to top your fries with.
4. S’Mores Bar
Classic deliciousness of a S’mores taken up a notch with a variety of different toppings! Think caramel, different types of chocolate, and even fruit!
5. Outdoor Movie Night
Movie Night can be taken outside! Grab your burgers and dogs, make some popcorn, then cozy up on the lawn in front of a big screen. To create the setup you will need a projector, DVD player (or laptop), extension cords, a large white or light coloured sheet and any seating you want. Hang the sheet, connect the DVD player or laptop to the projector, and voila! Instant outdoor movie theatre!
6. Balloon Picnic
If you have little ones then you know that balloons are a great way to decorate and add fun to any occasion. A “balloon picnic” is sure to make a regular picnic even more fun!
7. Homemade Mosquito Repellant
Stay comfortable by getting rid of annoying pests with DIY Mason Jar Bug-Repellant Luminaries. Place 2 lemon slices, 2 lime slices and 2 sprigs of rosemary into a mason jar of water, then add several drops of essential oil (citronella, lemon or lavender work best). Top with a floating candle, light and enjoy.
The best part of these ideas is that they can be done inside as well so if the weather isn’t cooperating or you don’t have a large outdoor space, you can still enjoy!
Get to know ally and dennis, and hear what our past clients have to say about us, in this video!
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