Marko’s take: https://victoria.cit...ch-new-heights/
@Marko, what's your basis for the Island's handling/luck with Covid being the reason behind increased buyers from outside of Victoria? Conjecture? Anecdotal? Personal surveys?
Posted 03 November 2020 - 11:17 AM
Marko’s take: https://victoria.cit...ch-new-heights/
@Marko, what's your basis for the Island's handling/luck with Covid being the reason behind increased buyers from outside of Victoria? Conjecture? Anecdotal? Personal surveys?
Posted 03 November 2020 - 01:31 PM
Broadly speaking, it's not hurting our situation, and the ratio of non-local buyers has increased under COVID.
Marko, are there surveys the VREB does to query purchasers?
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 03 November 2020 - 02:24 PM
I'm asking, because I don't agree with the headline or reasoning that it has anything to do with how the Island has managed Covid or that we are nearly 'Covid-free'. I think it's more likely related in that people are taking the opportunity or are forced to make changes in their life, due to Covid. Job losses, early retirement, etc. prompting a move to a cheaper venue than Vancouver.
Posted 03 November 2020 - 02:29 PM
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
Posted 09 November 2020 - 11:19 AM
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
Posted 09 November 2020 - 11:32 AM
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 09 November 2020 - 11:36 AM
At the current rate of sales we might still top 800 for the month.
Posted 09 November 2020 - 05:03 PM
I don't think we will hit 800 as SFH inventory is nearly non-extinct and condo sales aren't super great.
50/50 imo if we clear the 1991 record of 695 sales.
Keep in mind sales slow down as we go through November.
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
Posted 10 November 2020 - 08:26 AM
Marko, there's talk about a cessation of open houses on the mainland. Will this be expanded to the Island/Victoria?
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 11 November 2020 - 07:53 AM
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
Posted 11 November 2020 - 03:09 PM
I always thought that the sole purpose of an open house was for the agent to self themselves to prospective further clients (like the neighbours who drop by for a look. ) personally I have been impressed by a handful of agents at open houses and absolutely horrified by many others.
Posted 11 November 2020 - 06:34 PM
MarkoJ, can you provide a quick summary about the current Langford Condo market right now? I was wondering if Langford Condos in the 300-400k range are selling for more or less than their listed prices suggest. Bear Mountain condos are only lasting a week on realtor.ca, but condos in the Langford core are sticking around for a few weeks. I'm driving down from the Interior to buy a condo, so I need a rough time frame to figure out how long I have from a listing to a possible offer. Thanks!
Posted 11 November 2020 - 06:56 PM
Yes, no open houses here either. Not that it matters at all, nothing sells as a result of an open house anyway.
Posted 12 November 2020 - 08:35 AM
MarkoJ, can you provide a quick summary about the current Langford Condo market right now? I was wondering if Langford Condos in the 300-400k range are selling for more or less than their listed prices suggest. Bear Mountain condos are only lasting a week on realtor.ca, but condos in the Langford core are sticking around for a few weeks. I'm driving down from the Interior to buy a condo, so I need a rough time frame to figure out how long I have from a listing to a possible offer. Thanks!
And if you haven't done so already, check out https://victoria.citified.ca/condos/ to view the active pre-sales and recent completions on the West Shore.
Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.
Posted 16 November 2020 - 09:06 AM
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
Posted 16 November 2020 - 09:10 AM
MarkoJ, can you provide a quick summary about the current Langford Condo market right now? I was wondering if Langford Condos in the 300-400k range are selling for more or less than their listed prices suggest. Bear Mountain condos are only lasting a week on realtor.ca, but condos in the Langford core are sticking around for a few weeks. I'm driving down from the Interior to buy a condo, so I need a rough time frame to figure out how long I have from a listing to a possible offer. Thanks!
For example, in the last 30 days the condos in Langford between 300 and 400k have been listed for an average for $369,499 and have sold for an average of $362,444.
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
Posted 16 November 2020 - 09:20 AM
Posted 16 November 2020 - 06:21 PM
For SFDs, how important do you suppose the time of year you list really is? Is November/December as bad an idea as they say?
Not really that important. The market strength in general is probably 95% of the equation and the time of year is probably the remaining 5%. I.e. it is a lot easier to sell a SFH right now/December in a super hot market like we are in now versus a in April/May in a slow market.
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
Posted 23 November 2020 - 09:09 AM
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
Posted 23 November 2020 - 09:12 AM
So with 8 days left to go, we have already reached November 2019's monthly total.
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