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#2061 sebberry

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Posted 16 February 2021 - 09:59 AM

There's already very few condos on the market that check all (most) of the boxes for me and the ones that come close are going for significantly over asking :(


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#2062 MarkoJ

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Posted 22 February 2021 - 08:39 AM

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#2063 sebberry

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Posted 22 February 2021 - 09:18 AM

I'm shocked at what some places are selling for. Even 560sq-ft condos with cheap finishes are in bidding wars now.  


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#2064 Mike K.

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Posted 22 February 2021 - 09:30 AM

850 sales if the average holds. The busiest February on record was in 1992 with 780 sales. Runner-up was 772 sales in 2016.


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#2065 sebberry

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Posted 22 February 2021 - 11:47 AM

I see that a 560 sq-ft condo downtown just sold for ~240k over asking.  1 Bed.  This market is nuts.

 

I'll be living in a tent soon at this rate.

 

EDIT:  It actually went a bit under.  Marko pointed out it was a typo.


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#2066 MarkoJ

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Posted 22 February 2021 - 12:14 PM

I see that a 560 sq-ft condo downtown just sold for ~240k over asking.  1 Bed.  This market is nuts.

 

I'll be living in a tent soon at this rate.

 

That was a typo. Condo market still isn't completely nut. There are 14 listings at Yates on Yates and not one has sold in the last two months.


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Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2020 | Fair Realty

www.MarkoJuras.com Full Service MLS® - 2.75% | www.834sales.com & www.promontoryforsale.com - Building(s) specialist 

Looking at Condo Pre-Sales in Victoria? Save Thousands!

 

 


#2067 sebberry

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Posted 22 February 2021 - 12:52 PM

I figured it probably was :D  

 

Still, outside of the downtown core there appear to be a lot going for a fair chunk over asking. That wasn't happening a few months ago.  That one at Wilden Lofts was a bit of a shock.  


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#2068 Matt R.

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Posted 22 February 2021 - 01:16 PM

Nice townhouse in Parkside Place just went for $485, $40 over asking. Wow.

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#2069 Mike K.

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Posted 22 February 2021 - 01:36 PM

Eventually the downtown market will move, but inventory outside of downtown is going nuts. A Langford condo just sold out near Costco, and another is nearly 90% sold. We’re talking 160-units between them, not the 20-30 unit projects you see in Sidney.
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#2070 sebberry

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Posted 22 February 2021 - 02:37 PM

Eventually the downtown market will move, but inventory outside of downtown is going nuts. A Langford condo just sold out near Costco, and another is nearly 90% sold. We’re talking 160-units between them, not the 20-30 unit projects you see in Sidney.

 

Three recent sales of identically sized units at the condo on Brock Ave in Langford all went for over asking.  

 

Did I mention a tent is probably my best option for a dog at this point?


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#2071 Mike K.

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Posted 22 February 2021 - 02:58 PM

Yeah, it’s tough.

If you had to guess on the split of pro dog vs anti dog at your place, what would it be?

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#2072 sebberry

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Posted 22 February 2021 - 03:04 PM

Our AGM last year had 7 in favor of adopting the proposed pet bylaw our of 31 votes.


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#2073 Mike K.

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Posted 23 February 2021 - 04:52 AM

Is there a way several changes can be lumped together voted on together?

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#2074 sebberry

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Posted 23 February 2021 - 11:18 AM

Is there a way several changes can be lumped together voted on together?

 

Only the government can get away with an omnibus bill :D  


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