Sean Aujla Victoria Real Estate

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Announcements

More Choices Now Available for Home Buyers

June 2, 2008

With a return to a balanced real estate market, home buyers in the Victoria area now have a much larger pool of properties from which to choose. The number of properties available for sale increased to 4,332 in May - a 25 % increase over the same month a year ago and the highest level since June 1998.

Victoria Real Estate Board President, Tony Joe, notes that despite this increase, prices and sales remain stable although the number of sales is down compared to a year ago. "There was a total of 770 sales of homes and other properties in May through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), virtually unchanged from the 768 sales in April but down from the 963 sales in May of last year." Joe noted that a significant number of new properties came on the market last month: "There were 1,850 new listings in May - the highest number for a single month in over 18-years". Joe added that 24 sales over $1 million had an impact on the overall average price of single family homes in Greater Victoria which last month was $601,897; the six-month average was $606,985 though median was considerably lower at $545,000. There were also three sales on the Gulf Islands of over $1 million.

The average price of all condominiums sold in May was $336,157; the average for the last six months was $333,208. The median was again lower at $295,500. The average price of all townhomes sold last month was $435,058; the six month average was $433,854. The median price was $394,900.

MLS® sales last month included 470 single family homes, 168 condominiums, 71 townhomes and 25 manufactured homes.

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Victoria, BC.

Please see testimonials . . . thank you for visiting my website, here you will find useful information including relevant Real Estate tools such as financial calculators, buying/selling information and local property listings. At any time if you require additional information or have a specific question regarding purchase or sale, please do not hesitate to get in touch. Whether you are purchasing for the first time, a seasoned investor, or new to Victoria, let's meet to discuss the details surrounding your interests.

Raised in Victoria, after living in Vancouver, Canada and the U.S., I returned home in 2006 and was successfully licensed with the BCREA, VREB & CREA. After carefully screening almost every Real Estate firm in Victoria, I signed with Royal Lepage Coast Capital Realty respecting their high level of quality, integrity and 100% Canadian ownership.

Previous to Real Estate, I led a successful career as a Account Advisor with one of the top Financial Institutions in Canada, providing a variety of financial services including Investment Planning, Mortgage Financing and other Personal Financial Advice. My solid background as a Financial Negotiator combined with my experience in Real Estate will ensure your next acquisition be rewarding and seamless.

Interested in Purchasing? After a brief interview we can start the process of creating a customized list of properties as well as signing you up for (CPS) Client Private Services, notifying you of any new listings before they hit the market. Let's tour the city, and view the selected properties that interest you until we find a match! Through my circle of contacts we can pre-qualify your maximum financial ability and meet relevant Real Estate partners such as House Inspectors, Lawyers and or Notaries.

Thinking of Selling? Feel free to contact me to request a no obligation Listing Presentation - this will include a free Market Evaluation of your home, comprehensive marketing strategy review and personal professional opinion regarding the details of your property. I'm an excellent listener and am interested in acquiring more information surrounding the purpose of your sale so that I may effectively assist you with your entire selling process - are you retiring? relocating internationally/domestically due to career opportunities, or continuing in advancing your Real Estate portfolio? Let's meet for a free consultation to discuss your important and unique financial scenario.

I look forward in becoming your Real Estate Advisor and providing you with world class service every step of the way!