2010 Olympic Pl

CAMOSUN WESTSIDE Sooke’s #1 Real Estate Office 2015 SOOKE’S REAL ESTATE REVIEW

With the first quarter now behind us the market direction is now clear. The number of available homes is short on supply with a few particular market segments and price points at critical levels providing opportunity for those homeowners positioned to take advantage of current conditions. The Victoria market has 1150 fewer listings. Now into the 2nd quarter of our market place we have only 35 available single family detached homes priced between $300,000 and $400,000, coming into our busiest time of year the supply is very low in this particular price range. $500,000 to $600,000 there are 22 available homes and in the $200,000 to $300,000 range there are only 9. Sunriver, Sooke’s most popular area with respect to sales in 2015 has a total of 13 residential resale homes available. Broomhill always a favorite for location sees just 22 homes on the market of which only 13 fall within $300,000 and $400,000. Whiffin Spit with only 8 homes in all price ranges is in a critically short supply. Buyers have become acutely aware of the shortage and upon seeing a home that meets their search criteria are not dawdling in bringing about an offer. The common practice of competing multiple offers occurring in Victoria is starting to surface in Sooke providing the opportunity for area home owners to maximize their sale’s price. If you’re curious about the impact today’s changing real estate market has had on the value of your home call us. We provide a marketing plan that we feel is the most comprehensive offered throughout the region. Whether you’re buying or selling? Whether you’re a long time resident or new to Sooke you can count us to provide insight into our market.

Courtesy Brian Rundle Photography

About the cover...

A sure sign of spring... blossoms and a Rufous Hummingbird though the lens of local photographer Brian Rundle. You can see more of Brian’s work at: www.brianrundlephotography.com

Sooke’s Home Team

Oliver

Oliver Katz Personal Real Estate Corporation MLS GOLD 2001 –2015

Cristina Staicu Personal Real Estate Corporation

MLS AWARD WINNER

www.sookeshometeam.com 250.642.6480

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