Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – May 2018

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in May 2018.

Greater Victoria

In May 2018, there were 333 sales of single family homes and 803 active listings in the Greater Victoria. The benchmark sale price was $738,500 with an average days on market of 26. The hottest markets for sales were Saanich East and Langford with 67 and 52 sales respectively. There were also 21 sales and 60 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 237 sales, 445 active listings at the end of the month.  The benchmark sale price was $485,600 with an average days on market of 24. The hottest market for sales was Victoria, 93 sales.

Townhome sales were 72, active listings were 165 and the benchmark sale price was $592,300. The average days on market were 22, and the hottest market was Langford with 20 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_April2018_Victoria

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Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – May 2018

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in May 2018.

Greater Victoria

In May 2018, there were 333 sales of single family homes and 803 active listings in the Greater Victoria. The benchmark sale price was $738,500 with an average days on market of 26. The hottest markets for sales were Saanich East and Langford with 67 and 52 sales respectively. There were also 21 sales and 60 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 237 sales, 445 active listings at the end of the month.  The benchmark sale price was $485,600 with an average days on market of 24. The hottest market for sales was Victoria, 93 sales.

Townhome sales were 72, active listings were 165 and the benchmark sale price was $592,300. The average days on market were 22, and the hottest market was Langford with 20 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_April2018_Victoria

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MoneySense Names Top 10 Metro Vancouver Neighbourhoods to Buy Real Estate

In April 2018 MoneySense.ca  selected their top Metro Vancouver neighbourhoods to buy real estate Based on value and price momentum.

“The No. 1 spot on this year’s Vancouver neighbourhood ranking is Uptown New Westminster. The average home price in this neighbourhood in 2017 was less than $1-million ($996,903). Part of the reason for the slower appreciation in this neighbourhood is that it’s a mixed-use community, meaning single-family homes share the street with older, low-rise apartment buildings as well as newer condo towers.”

Read the Rest of the article here.

The top 10 Metro Vancouver  neighbourhoods, according to MoneySense are: moneysense2018edited5

  1. Uptown New Westminster
  2. Birchland Manor
  3. Mission
  4. Port Moody Centre
  5. Mary Hill
  6. Walnut Groove
  7. College Park PM
  8. Glenwood
  9. Central Abbotsford
  10. Mission – West

To view all active listings currently for sale in one of these areas simply click the neighbourhood links above or call our head office at 1-877-278-3888 to be matched to an expert real estate agent in your area.

MoneySense Names Top 10 Metro Vancouver Neighbourhoods to Buy Real Estate

In April 2018 MoneySense.ca  selected their top Metro Vancouver neighbourhoods to buy real estate Based on value and price momentum.

“The No. 1 spot on this year’s Vancouver neighbourhood ranking is Uptown New Westminster. The average home price in this neighbourhood in 2017 was less than $1-million ($996,903). Part of the reason for the slower appreciation in this neighbourhood is that it’s a mixed-use community, meaning single-family homes share the street with older, low-rise apartment buildings as well as newer condo towers.”

Read the Rest of the article here.

The top 10 Metro Vancouver  neighbourhoods, according to MoneySense are: moneysense2018edited5

  1. Uptown New Westminster
  2. Birchland Manor
  3. Mission
  4. Port Moody Centre
  5. Mary Hill
  6. Walnut Groove
  7. College Park PM
  8. Glenwood
  9. Central Abbotsford
  10. Mission – West

To view all active listings currently for sale in one of these areas simply click the neighbourhood links above or call our head office at 1-877-278-3888 to be matched to an expert real estate agent in your area.

MoneySense Names Top 10 Metro Vancouver Neighbourhoods to Buy Real Estate

In April 2018 MoneySense.ca  selected their top Metro Vancouver neighbourhoods to buy real estate Based on value and price momentum.

“The No. 1 spot on this year’s Vancouver neighbourhood ranking is Uptown New Westminster. The average home price in this neighbourhood in 2017 was less than $1-million ($996,903). Part of the reason for the slower appreciation in this neighbourhood is that it’s a mixed-use community, meaning single-family homes share the street with older, low-rise apartment buildings as well as newer condo towers.”

Read the Rest of the article here.

The top 10 Metro Vancouver  neighbourhoods, according to MoneySense are: moneysense2018edited5

  1. Uptown New Westminster
  2. Birchland Manor
  3. Mission
  4. Port Moody Centre
  5. Mary Hill
  6. Walnut Groove
  7. College Park PM
  8. Glenwood
  9. Central Abbotsford
  10. Mission – West

To view all active listings currently for sale in one of these areas simply click the neighbourhood links above or call our head office at 1-877-278-3888 to be matched to an expert real estate agent in your area.

MoneySense Names Top 10 Vancouver Outer Suburbs Neighbourhoods to Buy Real Estate

In April 2018 MoneySense.ca  selected their top Vancouver outer suburbs neighbourhoods to buy real estate Based on value and price momentum.

“The No. 1 spot on this year’s Vancouver neighbourhood ranking is Uptown New Westminster. The average home price in this neighbourhood in 2017 was less than $1-million ($996,903). Part of the reason for the slower appreciation in this neighbourhood is that it’s a mixed-use community, meaning single-family homes share the street with older, low-rise apartment buildings as well as newer condo towers.”

Read the Rest of the article here.

The top 10 Vancouver Outer Suburbs neighbourhoods, according to MoneySense are:moneysense2018

  1. Uptown New Westminster
  2. Birchland Manor
  3. Mission
  4. Port Moody Centre
  5. Mary Hill
  6. Walnut Groove
  7. College Park PM
  8. Glenwood
  9. Central Abbotsford
  10. Mission – West

To view all active listings currently for sale in one of these areas simply click the neighbourhood links above or call our head office at 1-877-278-3888 to be matched to an expert real estate agent in your area.

MoneySense Names Top 10 Vancouver Neighbourhoods to Buy Real Estate

In April 2018 MoneySense.ca  selected their top Vancouver neighbourhoods to buy real estate Based on value and price momentum.

“The No. 1 spot on this year’s Vancouver neighbourhood ranking is Uptown New Westminster. The average home price in this neighbourhood in 2017 was less than $1-million ($996,903). Part of the reason for the slower appreciation in this neighbourhood is that it’s a mixed-use community, meaning single-family homes share the street with older, low-rise apartment buildings as well as newer condo towers.”

Read the Rest of the article here.

The top 10 Vancouver neighbourhoods, according to MoneySense are:moneysense2018

  1. Uptown New Westminster
  2. Birchland Manor
  3. Mission
  4. Port Moody Centre
  5. Mary Hill
  6. Walnut Groove
  7. College Park PM
  8. Glenwood
  9. Central Abbotsford
  10. Mission – West

To view all active listings currently for sale in one of these areas simply click the neighbourhood links above or call our head office at 1-877-278-3888 to be matched to an expert real estate agent in your area.

MoneySense Names Top 10 Vancouver Neighbourhoods to Buy Real Estate

In April 2018 MoneySense.ca  selected their top Vancouver neighbourhoods to buy real estate Based on value and price momentum.

“The No. 1 spot on this year’s Vancouver neighbourhood ranking is Uptown New Westminster. The average home price in this neighbourhood in 2017 was less than $1-million ($996,903). Part of the reason for the slower appreciation in this neighbourhood is that it’s a mixed-use community, meaning single-family homes share the street with older, low-rise apartment buildings as well as newer condo towers.”

Read the Rest of the article here.

The top 10 Vancouver neighbourhoods, according to MoneySense are:moneysense2018

  1. Uptown New Westminster
  2. Birchland Manor
  3. Mission
  4. Port Moody Centre
  5. Mary Hill
  6. Walnut Groove
  7. College Park PM
  8. Glenwood
  9. Central Abbotsford
  10. Mission – West

To view all active listings currently for sale in one of these areas simply click the neighbourhood links above or call our head office at 1-877-278-3888 to be matched to an expert real estate agent in your area.

MoneySense Names Top 10 Vancouver Neighbourhoods to Buy Real Estate

In April 2018 MoneySense.ca  selected their top Vancouver neighbourhoods to buy real estate Based on value and price momentum.

“The No. 1 spot on this year’s Vancouver neighbourhood ranking is Uptown New Westminster. The average home price in this neighbourhood in 2017 was less than $1-million ($996,903). Part of the reason for the slower appreciation in this neighbourhood is that it’s a mixed-use community, meaning single-family homes share the street with older, low-rise apartment buildings as well as newer condo towers.”

Read the Rest of the article here.

The top 10 Vancouver neighbourhoods, according to MoneySense are:moneysense2018

  1. Uptown New Westminster
  2. Birchland Manor
  3. Mission
  4. Port Moody Centre
  5. Mary Hill
  6. Walnut Groove
  7. College Park PM
  8. Glenwood
  9. Central Abbotsford
  10. Mission – West

To view all active listings currently for sale in one of these areas simply click the neighbourhood links above or call our head office at 1-877-278-3888 to be matched to an expert real estate agent in your area.

Spring has Sprung! APRIL MONTHLY NEWSLETTER

Spring has sprung! It’s finally time to get gardening and spruce up your outdoor space! We have included some easy tips on how to raise your front lawn curb appeal in order to increase your property value! As you get creative with your front lawn, make sure to take a look at the April To-Do Home Checklist included just in time for Spring!

1Lawns
Spring is the best time to put the first fertilizer on your lawn – it is best to choose a slow-release fertilizer to increase nutrient absorption.  If you need any specific areas addressed, your landscaper can test the soil, and provide a suggestion.  Also, if you have compacted soil areas, this is the time to aerate the lawn, and after aerating, if there are areas that need it, some topdressing of soil & seed will help the growth of your lawn.

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