Greater Victoria and Vancouver Island Real Estate Market Statistics – November 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in November 2016.

Greater Victoria

In November 2016, there were 264 sales of single family homes and 458 active listings in the Greater Victoria. The benchmark sale price was $620,100 with an average days on market of 30. The hottest market for sales was Langford with 50 sales. There were also 25 sales and 138 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 170 sales, 255 active listings at the end of the month.  The benchmark sale price was $371,300 with an average days on market of 33. The hottest market for sales was Victoria, 73 sales.

Townhome sales were 56, active listings were 80 and the benchmark sale price was $501,300. The average days on market were 29, and the hottest market was Langford with 10 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_November2016_Victoria

[Read more…]

Macdonald Realty opens boutique offices in Sidney and Sechelt

Macdonald Realty has opened two new locations, the first in Sidney on Vancouver Island and the second in Sechelt on the Sunshine Coast.  These boutique offices join the province-wide network of 20 offices operated by Macdonald Realty, a B.C. owned and operated brokerage with a 70 year history of service and excellence.

“We’re focused on serving British Columbians in communities of all sizes” says Jonathan Cooper, Vice President, Operations. “Smaller offices like Sidney and Saanich, led by strong local REALTORS®, have become an important part of Macdonald Realty’s growth strategy over recent years.”

In Sidney, the new office opened with six agents and was spearheaded by Chace Whitson, a multiple MLS® Gold Award winner who has been with Macdonald Realty since 2013.  “Having our large office in Downtown Victoria, and now one in Sidney, allows us to serve our clients better across the whole region,” says Whitson. “Our affiliation with Luxury Portfolio International® gives our high-end clients a unique opportunity to market their home to the luxury elite across the globe, something that no other Victoria brokerage can offer.”

The Sechelt office is the result of a meeting between Managing Broker Patricia Place and Medallion Club REALTORS® Barbie Whitworth and Shay Moudahi who decided to switch their office to Macdonald Realty after being attracted by the company’s strong leadership, systems and brand positioning. “The new office is opening at just the right time with the Sunshine Coast market really heating up,” says Place, a part-time Sunshine Coast resident herself who also manages the company’s Squamish, West Vancouver and North Vancouver locations.  

Macdonald Realty Ltd. – Sidney | 2411 Bevan Avenue, Sidney, BC  V8L 4M9  |  Office: 778-426-2262

Macdonald Realty Ltd. – Sechelt | #3 – 5764 Wharf Road, Sechelt, BC  V0N 3A0  |  Office: 604-747-2222

[Read more…]

Greater Victoria and Vancouver Island Real Estate Market Statistics – October 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in October 2016.

Greater Victoria

In October 2016, there were 333 sales of single family homes and 499 active listings in the Greater Victoria. The benchmark sale price was $618,700 with an average days on market of 28. The hottest market for sales was Langford with 78 sales. There were also 21 sales and 161 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 215 sales, 276 active listings at the end of the month.  The benchmark sale price was $367,800 with an average days on market of 29. The hottest market for sales was Victoria, 85 sales.

Townhome sales were 78, active listings were 102 and the benchmark sale price was $491,500. The average days on market were 31, and the hottest market was Langford with 20 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_September2016_Victoria

[Read more…]

Greater Victoria Real Estate Market Statistics – September 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in September 2016.

Greater Victoria

In September 2016, there were 341 sales of single family homes and 560 active listings in the Greater Victoria. The benchmark sale price was $615,600 with an average days on market of 33. The hottest market for sales was Saanich East with 80 sales. There were also 24 sales and 179 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 205 sales, 303 active listings at the end of the month.  The benchmark sale price was $362,800 with an average days on market of 31. The hottest market for sales was Victoria, 72 sales.

Townhome sales were 81, active listings were 116 and the benchmark sale price was $486,800. The average days on market were 40, and the hottest market was Langford with 30 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_September2016_Victoria

[Read more…]

Macdonald Realty Victoria Alzheimer Donation

Alzheimer-2016-cheque-edit

Macdonald Realty Victoria is excited to make a donation to We Rage, WE Weep Alzheimer’s Foundation, a fantastic local charity providing support for families and caregivers of Alzheimer patients.  They provide tracking devices that help with wandering patients, most of which are then located within 15 minutes. 100% locally run by volunteers, ever dollar raised goes back into the community.  Our Victoria office raised $794.00 raised during their 1st annual Shredder Drive & BBQ back in June.

Our Certified Negotiation Experts in Victoria

These REALTORS® from our Victoria office have completed extra training in negotiation tactics to become Certified Negotiation Experts, earning the CNE® designation.

Think about it – Savvy negotiation skills help both parties in a real estate transaction. REALTORS® keep deals on track. Macdonald Realty is committed to providing our agents with industry leading negotiation training, thereby putting them in the best position to provide protection for our clients during a negotiation.

Victoria CNE

Learn more at macrealty.com   OVER 300 MACDONALD REALTY AGENTS ACHIEVE THE CERTIFIED NEGOTIATION EXPERT DESIGNATION

See more about these amazing real estate professionals by clicking their name to see their profile and contact information:

Sheila Aujla
Ara Balabanian
David Beswick
Sean Farrell
Stephen Foster
Rea Jansen
Tracy Keenan-Whyte
Dane Kingsbury
Beth Krupa
David Langlois
Jane Logan
Rob MacLucas
Rebecca Miller
Bob Milloy
Shelley Peever
Greg Rowland
Helene Roy
Sophak Sim
Eleanor Smith
Lynn Van de Kamp
Paul Vandermade
Scott Vannan
Kevin Wensley
Kevin White


 

About Certified Negotiation Expert (CNE®) designation:
Offered by the Real Estate Negotiation Institute (RENI), the CNE® course applies up-to-date research in negotiation dynamics to the real estate sales process.  It provides agents with tangible tools and insights to achieve better outcomes for their clients during negotiations. Canadian Director of the RENI says, “I would like to congratulate Macdonald Realty on being the only brokerage in Canada to have successfully certified over 300 of their real estate professionals in this critical area of expertise.  Their commitment to a higher level of service excellence proves that they are leaders in the real estate industry.”

Greater Victoria Real Estate Market Statistics – August 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in August 2016.

Greater Victoria

In August 2016, there were 380 sales of single family homes and 533 active listings in Greater Victoria. The benchmark sale price was $610,400 with an average days on market of 33. The hottest market for sales was Saanich East with 81 sales. There were also 31 sales and 183 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 265 sales, 292 active listings at the end of the month.  The benchmark sale price was $356,900 with an average days on market of 27. The hottest market for sales was Victoria, 103 sales.

Townhome sales were 73, active listings were 114 and the benchmark sale price was $476,400. The average days on market were 28, and the hottest market was Langford with 22 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_August2016_Victoria

[Read more…]

Greater Victoria Real Estate Market Statistics – July 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria listings and sales in July 2016.

Greater Victoria

In July 2016, there were 429 sales of single family homes and 575 active listings in Greater Victoria. The benchmark sale price was $603,500 with an average days on market of 32. The hottest market for sales was Saanich East with 92 sales. There were also 35 sales and 185 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 271 sales, 346 active listings at the end of the month.  The benchmark sale price was $350,000 with an average days on market of 33. The hottest market for sales was Victoria, 93 sales.

Townhome sales were 93, active listings were 105 and the benchmark sale price was $476,200. The average days on market were 31, and the hottest market was Langford with 20 sales.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_July2016_Victoria

[Read more…]

Greater Victoria Real Estate Market Statistics – June 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in June 2016.

Greater Victoria

In June 2016, there were 543 sales of single family homes and 581 active listings in Greater Victoria. The benchmark sale price was $593,700 with an average days on market of 32. The hottest market for sales was Saanich East with 103 sales. There were also 38 sales and 207 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 338 sales, 401 active listings at the end of the month.  The benchmark sale price was $342,200 with an average days on market of 33. The hottest market for sales was Victoria, 130 sales.

Townhome sales were 92, active listings were 113 and the benchmark sale price was $461,900. The average days on market were 31, and the hottest market was Langford with 38 sales.

Listings are down. Prices are up. It’s a seller’s market.

MarketHotSheet_June2016_Victoria

[Read more…]