If you've been thinking of selling your home, now
could be a great time to list.
The stats are out for Victoria home sales in February 2015, and they show that residential sales were up by nearly one-third (+31.8%) over the previous February. Add to the mix that listings are down by nearly 8% from last year, and you can see why there could start to be some upward pressure on prices.
The HPI Benchmark Price for a Single Family Detached (SFD) home in the Victoria core sits at $557,000, up 1.3% from Feb. 2014. Similarly, the Condo benchmark price in Greater Victoria now stands at $289,200, which is 4.4% more than last year.
Call me if you'd like to talk about listing your home, or if you'd simply like more info about the Victoria real estate market!