Derek Braaten, B. Comm.

Victoria Real Estate Information, Market Statistics, & Information for Buyers or Sellers
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  • Sales Soften, Prices Remain Stable

    Sales of homes and other properties in the Greater Victoria area softened last month though prices continue to remain stable. Victoria Real Estate Board President, Tony Joe, notes that the modest decline in sales from May to June followed a similar pattern to last year. "There was a total of 723 sales of homes and other properties in June ...
    Posted to Derek Braaten's Real Estate Blog (Weblog) by 12096 on July 11, 2008
  • More Choices Now Available for Home Buyers

    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 ...
    Posted to Derek Braaten's Real Estate Blog (Weblog) by 12096 on June 3, 2008
  • Real Estate Sales Moderate - Prices Remain Stable

    Sales of homes and other properties in the Victoria area moderated in April with a total of 768 sales through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®), up from 707 sales in March but down from the 898 sales in the same month a year ago. Overall prices remain steady but 28 sales of over $1 million, including ...
    Posted to Derek Braaten's Real Estate Blog (Weblog) by 12096 on May 11, 2008
  • Real Estate Market Offers More Choices for Buyers

    Real estate buyers in the Victoria area have a growing number of properties from which to choose. The total number of properties available for sale rose to 3,591 in March - a 17 per cent increase over March of last year. Victoria Real Estate Board President, Tony Joe, says the return to a balanced market is good news for both buyers and sellers. ...
    Posted to Derek Braaten's Real Estate Blog (Weblog) by 12096 on April 21, 2008
  • Property Sales Moderate in February

    March 3, 2008 The number of sales of homes and other properties in the Greater Victoria area moderated in February. There were 619 sales through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) in February, down from the 707 sales in the same month a year ago. There were 464 sales in January. Victoria Real Estate ...
    Posted to Derek Braaten's Real Estate Blog (Weblog) by 12096 on March 6, 2008
  • Strong Real Estate Sales Mark Start to 2008

    Sales of homes and other properties in the Greater Victoria area got off to a solid start in the first month of 2008. There were 464 sales through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) in January, up from the 442 sales in the same month a year ago. There were 408 sales in December. Meantime, the total ...
    Posted to Derek Braaten's Real Estate Blog (Weblog) by 12096 on February 6, 2008
  • Real Estate Records Broken in 2007

    The value of all property transactions through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) hit a new record of over $4.1 billion in 2007, up from $3.3 billion in 2006. The value of single family home sales was over $2.5 billion while the value of condominium sales was over $756 million. Victoria Real Estate ...
    Posted to Derek Braaten's Real Estate Blog (Weblog) by 12096 on January 5, 2008
  • November Real Estate Market Strong Sales, Record Prices

    The Victoria area real estate market continued to show exceptional strength last month with strong sales and record average prices for single family homes and townhomes. There were 623 sales through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) in November, up from the 571 sales in the same month a year ago. There ...
    Posted to Derek Braaten's Real Estate Blog (Weblog) by 12096 on December 7, 2007
  • Real Estate Sales Soar in October

    Sales of homes and other properties in the Greater Victoria area soared 20 percent in October compared to the same month a year ago. There were 708 sales through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) in October, up from the 590 sales in the same month a year ago. There were 632 sales in September of this ...
    Posted to Derek Braaten's Real Estate Blog (Weblog) by 12096 on November 6, 2007
  • Strong Real Estate Market Continues in September

    The strong real estate market throughout Greater Victoria showed no signs of slowing down last month with continuing strong sales and robust prices. There were 632 sales through the Victoria Real Estate Board’s Multiple Listing Service® (MLS®) in September, up seven per cent from the 593 sales in the same month a year ago. There were ...
    Posted to Derek Braaten's Real Estate Blog (Weblog) by 12096 on October 4, 2007
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