Sookes Real Estate Review May 2017
CAMOSUN WESTSIDE Sooke’s #1 Real Estate Office 2016 SOOKE’S REAL ESTATE REVIEW
Sooke continues to be an area of choice for home buyers of all descriptions. From first time buyers to baby boomers cashing out of more expensive markets to purchase here, often ending up with superior homes than their existing one for far less money. We are seeing prices edging higher as the seller’s market continues unabated. 2017 has seen 213 sales of Single Family Detached Homes (SFD) average selling price $555,339 taking on average 41 days to sell (DOM). Last year’s sales took 76 days on average to sell at $444,626 reflecting a marked increase. Short supply at all price points throughout the region is exacerbating the situation for buyers with the now common practice of delayed offers occurring throughout the Sooke market place. The practice is designed to allow buyers to view just listed properties while protecting the seller, ensuring they’re maximizing their exposure to the broader buyer pool. It’s a challenging market and one that requires you receive the best real estate advice available about our local market. Whether you’re buying or selling in Sooke you can count on our experience to help navigate your way to the best deal for you... we’re here to help.
About the cover...
This shot taken in the Sooke Harbour shows a transient Killer Whale on what is likely a seal expedition. Frequent contributor Paul Pudwell of Sooke Coastal Explorations took in front of the popular Heron View Ocean Front Development. If you’re in Sooke this summer and would like to take a tour with Paul he can be reached at:
Sooke’s Home Team
* VREB Statistics 2016
Cristina Staicu Personal Real Estate Corporation
we know the market & the community
Oliver Katz Personal Real Estate Corporation MLS GOLD 2001 –2016
MLS AWARD WINNER
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