Victoria Residential Real Estate Expert

Victoria Market Update - July 2024

Posted on Jul 04, 2024

The local real estate market hasn't changed much since rates dropped last month. Inventory is still high, well priced properties are moving fast. Overpriced listings tend to languish on the market.

- Mike Vanderkruyk PREC

Victoria real estate market slow and steady for buyers and sellers

Article courtesy of the Victoria Real Estate Board can also be...

Victoria Market Update - June 2024

Posted on Jun 05, 2024

I have noticed a bit of a slow down out there the past month or so, but todays rate decrease announce from the BOC could stir things up a bit. Fairly balanced conditions these days leaning slightly towards the sellers for properly priced homes. - mike vanderkruyk

More time and choice in the Victoria real estate market

Article courtesy of the Victoria...

Victoria Market Update - April 2024

Posted on Apr 08, 2024

Supply is still key to Victoria's Housing Market

In March 2024, Victoria Real Estate Board saw 588 property sales, slightly down from March 2023 but up 25.1% from February 2024. Condo sales dropped by 10.2%, while single-family home sales rose by 1.8% compared to March 2023. Inventory increased by 12%, boosting market health and buyer/seller confide...

Victoria Market Update - March 2024

Posted on Mar 05, 2024

From what I am seeing out there right now the local market is picking up pace and this is being reflected in the most recent stats that show conditions have tipped back towards a sellers market. Plenty of opportunities out there as the number of listings have picked up too. I don't expect renewed insanity like we saw a few years ago. Just a nice no...

Victoria Market Update - February 2024

Posted on Feb 07, 2024

A balanced market means opportunity for buyers and sellers in Victoria

Original article courtesy of the Victoria Real Estate Board can be found HERE

A total of 341 properties sold in the Victoria Real Estate Board region this January, 22.7 per cent more than the 278 properties sold in January 2023 and a 3.6 per cent increase from December 2023. Sales...

Just Listed! 206-3351 Luxton

Posted on Jan 26, 2024

Welcome to Luxton Flats, in Langford, BC! This 2020 built 3-bed, 3-bath townhome offers 1250 sq ft of modern living. The open layout seamlessly connects living, dining, and kitchen areas. Flex those cooking skills with the gas range, outdoor BBQ hookup and stainless appliances. Upstairs we have the primary bedroom with ensuite, second bedroom, addi...

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