February Market Report 2017

Posted by Stephen Foster on March 1st, 2017

Victoria Real Estate Market Healthy Heading into Spring  

March 1, 2017 - A total of 675 properties sold in the Victoria Real Estate Board region this February, 12.6 per cent fewer than the 772 properties sold in February last year.

"Last month we discussed how 2017 won't match 2016 in terms of huge sales numbers, due to many factors including the present lack of inventory," says 2017 Board President Ara Balabanian. "In spite of the low inventory the real estate market in Victoria is robust. The ten year average for sales in February is 542, so we are well within expected numbers for this time of the year with 675 properties sold. In fact, this February's sales are the second highest in the past ten years. It is also possible that our market may…

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It NEVER snows in Victoria

Posted by Stephen Foster on February 28th, 2017

I do like to brag about the weather in Victoria BC

 

Ok so maybe I talk about it a little bit more than the next guy. Perhaps it's because I moved here from Montreal and Toronto where the weather is more challenging! In any event, here was my latest weather report from Victoria :-)

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Custom homes in RoyalBay for Sale

Posted by Stephen Foster on February 27th, 2017

The new development in Royal Bay, has an array of Custom homes for sale at a variety of price points, I was out there for the first time yesterday with some repeat clients to take a look around.

Take a look at all Colwood / Royal Bay homes for sale
All Victoria Condos here!

Also if you would like to see other homes for sale in Victoria BC or are interested in real estate investing in Victoria BC, search here with Stephen Foster of Macdonald Realty Start looking around :-)

Check out all the houses for sale in Victoria BC with this customized search for condos
All Victoria Condos here!

** Wondering what your condo or home is worth in Victoria BC? Stephen Foster will give you an instant home value assessment report
What is my Victoria Condo…

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1501 Richmond | Victoria BC Condo for Sale | Stephen Foster

Posted by Stephen Foster on February 27th, 2017

Condo info 

Private suite east facing located at the corner of Oak Bay and Richmond Avenues. Walk to Oak Bay village as well as all of the other excellent amenities incl.OakBay rec, Jubilee Hospital, Uvic etc. 2 bedrooms,den & 2bath. Master with walk-in closet and full 4 piece ensuite. Large kitchen with a bright eating area & walkouts to balcony ,In-suite laundry. Living room features a gas fireplace.New Carpets, flooring throughout. Other great features: Cats 'n Dogs, BBQ allowed! The condo has secure underground parking,separate storage locker. This remediated and well managed complex has a new roof, new paint, tile & light fixtures througout and a long record of quality maintenance.

Check out the live open house we had!

With the crazy…

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The Falls | A downtown condo for sale

Posted by Stephen Foster on February 24th, 2017

1102-707 Courtney St, Victoria V8W 0A9

 11th floor SUITE over looking downtown Victoria. This condo for sale in Victoria BC is in The Falls.

A contemporary homage of architecture In concert with the Inner Harbour views & close to all the attractions of this intimate yet contemporary city of Victoria BC, The Falls feature an outdoor heated lap pool with hot tub overlooking the landmark Empress Hotel along with an executive gym, meeting rooms and outdoor fireplace for entertaining.

2 bedrooms & 2 bathroom. This Condo for sale features a generous master bedroom with walk-in closet and full 4 piece ensuite featuring marble countertops with under mounted sinks and walk in shower with soaker tub.. Large kitchen with custom granite countertops, a high…

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Victoria Market Report January 2017

Posted by Stephen Foster on February 1st, 2017

Victoria Real Estate Market Starts the Year with Fewer Listings and Above Average Activity

February 1, 2017 - A total of 478 properties sold in the Victoria Real Estate Board region this January, 11.3 per cent fewer than the 539 properties sold in January last year.

Inventory levels edged lower, with 1,516 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January 2017, 38.6 per cent fewer than the 2,471 active listings at the end of January 2016.

“The numbers we saw last year are not the new normal. We know that we are not going to see sales volumes this year that meet or beat last year’s record breaking numbers,” notes 2017 Board President Ara Balabanian. “When compared to the month of January’s…

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December 2017 Market Report

Posted by Stephen Foster on January 6th, 2017

Victoria Real Estate Market's Record Breaking 2016, Demand Likely to Continue in 2017

January 3, 2017, Victoria BC 

A total of 471 properties sold in the Victoria Real Estate Board region this December, 1.3 per cent more than the 465 properties sold in December last year.

 

What is my Home Worth?  

Inventory Levels

Inventory levels edged lower than last year, with 1,493 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of December 2016, 40.7 per cent fewer than the 2,517 active listings at the end of December 2015.

 

"As we expected, 2016 broke records in terms of the number of properties sold in our area," notes Mike Nugent, outgoing 2016 President of the Board. "10,622…

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Robert Bateman |Tortoise Island | Gulf Island Real Estate

Posted by Stephen Foster on January 5th, 2017

Tortoise Island | Gulf Island Real Estate 

A Virtual Tour of Robert Batemans' Island For Sale

The house was orginally conceived by Hank Schubart and Robert Bateman.. After spending many lovely days...weeks.. dreaming and finding the best spot to place a structure, a cabin was born!

Tortoise Island a retreat for the soul. Owned by Robert Bateman, artist & one of the top 100 environmental proponents of the 20th century.This 2+ acre Island is located within the Gulf Islands National Park Reserve about a 10 minute boat ride from Swartz Bay & moments from the airport and town . Nestled in on a sandstone isthmus is a retreat conceived by both Bateman and famed architect Hank Schubert.Accessed by water and enjoying year round deep water moorage, the…

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Virtual Open House, 1501 Richmond Rd, Victoria BC, Condo for Sale

Posted by Stephen Foster on January 4th, 2017

Virtual Open House, 1501 Richmond Rd, Victoria BC, Condo for Sale

Get the Price! 

TOP FLOOR SUITE

West facing located at the corner of Oak Bay and Richmond Avenues. Walk to Oak Bay village as well as all of the other excellent amenities incl.OakBay rec, Jubilee Hospital, Uvic etc. 2 bedrooms,den & 2bath. Master with walk-in closet and full 4 piece ensuite. Large kitchen with a bright eating area & skylights,In-suite laundry. Living room features a gas fireplace. Large west facing balcony. New fixtures in kitchen & bath as well as flooring. Other great features: Cats 'n Dogs, BBQ allowed & 1 rental opportunity left! The condo has secure underground parking,separate storage locker. This remediated and well managed complex has a new roof, new…

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New Condo coming soon!

Posted by Stephen Foster on December 20th, 2016

2 Bedroom Condo 'Coming Soon'

We are pretty excited to list a great Condo for Sale in Victoria, right off the Oak Bay Village corridor!

 

Details

Bright and spacious west facing TOP FLOOR SUITE with Skylights. Located at the corner of Oak Bay and Richmond Avenue, this freshly renovated suite is close to all amenities, notably the Oak Bay village and all the shopping and restaurants that it offers.

It is also moments from downtown Victoria as well as the nearby Royal Jubilee hospital and education facilities of U.Vic.& Camosun .

Great floor plan has 2 bedrooms,master with a walk-through closet and full 4 piece ensuite, the living room features a gas fireplace and with the gas included in the assessment this suite is very economical to…

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