MLS statistics for Victoria, Oak Bay, Metchosin, North Saanich and Sidney

by McLean Real Estate Group on February 10, 2012

MLS statistics for Victoria, Oak Bay, Metchosin, North Saanich and Sidney underscore the desirability of these municipalities.  Property values are, for the most part, substantial and holding their value, even in today’s real estate market.

What does this mean for buyers?  Well, it means that the Greater Victoria area and especially these particular municipalities are considered great places to live.  For those who are thinking about moving to Victoria, purchasing property here is likely to prove a sound investment because of the popularity of living in Victoria.

 

Housing Type (Victoria) Average Price (2012) Total Units Sold
Single Family Dwelling

$623,775

413

Townhouse

$454,150

120

Condominium

$335,629

698

Manufactured Home

$415,500

1

Lots and acreage

$565,000

4

 

Housing Type (Oak Bay) Average Price (2012) Total Units Sold
Single Family Dwelling

$925,104

207

Townhouse

$578,080

5

Condominium

$368,027

65

Manufactured Home

n/a

n/a

Lots and acreage

$2,065,000

1

 

Housing Type (Metchosin) Average Price (2012) Total Units Sold
Single Family Dwelling

$760,057

36

Townhouse

n/a

n/a

Condominium

n/a

n/a

Manufactured Home

$360,000

1

Lots and acreage

$408,000

1

 

Housing Type (North Saanich) Average Price (2012) Total Units Sold
Single Family Dwelling

$784,272

146

Townhouse

$492,450

4

Condominium

$534,000

2

Manufactured Home

n/a

n/a

Lots and acreage

$486,300

10

 

Housing Type (Sidney) Average Price (2012) Total Units Sold
Single Family Dwelling

$508,925

95

Townhouse

$400,561

54

Condominium

$306,716

119

Manufactured Home

$202,400

22

Lots and acreage

$720,000

$720,000

 

It’s interesting to note that the urban areas of Victoria and Sidney are generally the most reasonably priced options among this set.  This information might come as a surprise to people who are moving to Victoria from another urban area, where city homes come at a premium.

McLean Real Estate Group

Offering the very best in real estate for our clients! If you are looking to buy or sell a home, choosing an experienced REALTOR® is important. Ask any one of the thousands of people who have come into contact with the McLean Real Estate Group over the years and they will tell you that their best assets are professionalism and integrity. Geoff McLean, Jodi Baker and Darren Neuhaus provide sound advice for every aspect of the Victoria market to ensure your real estate goals are met. Whether you are relocating to or from Victoria, a first time or experienced buyer or seller, you can count on the McLean Real Estate Group.

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