Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – November 2017

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in November 2017.

Greater Victoria

In November 2017, there were 277 sales of single family homes and 566 active listings in the Greater Victoria. The benchmark sale price was $693,200 with an average days on market of 31. The hottest market for sales was Langford with 61 sales. There were also 16 sales and 111 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 220 sales, 266 active listings at the end of the month.  The benchmark sale price was $437,600 with an average days on market of 28. The hottest market for sales was Victoria, 81 sales.

Townhome sales were 52, active listings were 106 and the benchmark sale price was $561,200. The average days on market were 26, and the hottest market was Victoria with 10 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_November2017_Victoria

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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

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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.”