Oct 1, 2023, Victoria Real Estate Market Stats

Posted on Oct 02, 2023

  • A total of 493 properties were sold in the Victoria Real Estate Board region this September, 20.2 % more than the 410 properties sold in September 2022 and a 9.4 % decrease from August 2023.
  • Sales of condominiums were up 23 % from September 2022 with 155 units sold. 
  • Sales of single-family homes increased 3.2 % from September 2022 with 228 sold. 
  • There...

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Why is Your House Not Selling?

Posted on Apr 23, 2023

Here are a few possible reasons to consider

1.  Your Pictures May be of Poor Quality. 
Capturing pictures of your home using a mobile device may have sufficed a decade ago, but it's definitely not adequate nowadays. Present-day buyers anticipate high-quality images exhibiting the finest features of your home. Subpar photos can turn away several potent...

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How do buyers learn about your property?

Posted on Apr 17, 2023

How do buyers locate a property? The Victoria Real Estate Board surveys realtors after they sell a home, on how their buyers found the property they ended up buying. Not all the realtors respond to the survey, however, a good portion does. 
Last year in 2022, 3071 sales were surveyed and this is the response of where the buyer found their property. 
CO...

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Do Not Overprice Your Home When You Sell

Posted on Apr 15, 2023

The most important advice I can give to anyone selling their home is to price it correctly from the start. This is the best way to ensure that you get the most money for your home.
Overpricing your home can be difficult to overcome. In fact, setting the right price is 80% of the marketing effort. If you set the wrong price, all your other efforts wi...

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What is a Probate Sale

Posted on Feb 28, 2023

In British Columbia, Canada, a probate house sale refers to the sale of a property that is part of an estate in probate, meaning the legal process of verifying a will as authentic under BC law. 1

Assets subject to probate in British Columbia include bank and investment accounts, insurance policies, safe deposit boxes, jewelry and decorative items, c...

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10 Tips To Make Your Home More Saleable

Posted on Feb 18, 2023

1. Clean and declutter. A clean and uncluttered home will show better to potential buyers. Consider renting a storage unit if necessary to help clear out some of the clutter. 
2. Enhance lighting. Increase the wattage of your light bulbs, clean your windows to let in natural light, and replace broken light bulbs. Also, consider adding mirrors in hall...

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