Victoria West Ocean Views Suite

#1002 - 327 Maitland St. Vic. West

Open House Sat. & Sun Noon til 2 Pm.

January 28 & 29, 2012

Come See The Beauty of Victoria from the Top of the World.

Pfanntastic 2 Bdrm, Waterview suite

Overview Maps Photos Features Description Neighborhood Open House

$298,900 Condominium Main Features 2 Bedrooms 1 Bathroom 1 Unit Interior: 949 sqft Lot: 949 sqft Location 327 Maitland St. 1002 Victoria, BC V9A7G7 Canada To get updates on open home dates and other property events, please click the "Like" button below:

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Peter and Linda Pfann Cornerstone Properties Ltd. 250-213-9490 info@pfanntastic.com http://www.pfanntastic.com   Listed by: Cornerstone Properties Ltd.

Our recent listings Pfanntasic Development Opportunity Near Ocean Front Pfanntastic Family Home with Mortgage Helper Close To Everything in Saanich BC Pfanntastic 2 Bdrm, Waterview suite Subscribe to our listing feed

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3 weeks into the New Year, and how is Your Life in the Fast Lane?
It would appear that only a few days ago we where all excited about the New Year, and all had a variety of plans, commitments and resolutions......

Well now that the year is about 3 weeks old, are you still on track?  Are your New years resolutions starting to pay off, are your plans implemented and how about those commitments to friends, family and other loved ones.....?

To be honest, we are not much on Resolutions, (at least not for the New Year) we typically just set out a plan, and get to work on it, individually or together....

However, this past December and due to a challenge we participated in our Active Rain Blogging Community, we did set out to get going on a number of commitments and plans both personal and business related.

• We decided it is time to refresh our Web Presence, and have committed to have our new Website on Line by the end of this month
• We decided to stay in touch better with our on and off line clients, and as such are now using Happy Grasshopper, it offers a fun and exciting way to stay in touch and  is already being well received after the first email.
• Linda wanted to work on her administrative skills, and just Completed a one Week (very good) Assistant Course from Professional Real Estate Assistant Training (www.pratraining.com) in Vancouver, BC. Good for you Linda, I am very proud of you..... and thank you Nina Campbell (604)-209-1225, you are a Pfanntastic Teacher and Friend.
• We are moving forward with getting 6 New Community Blogs up and running over the next 4 to 6 weeks, and we are very excited about the ways we will use these, and enhance our services to the communities and clients. We have reserved the URL's, and have started to create the designs and content concepts.
• We are also moving forward with Creating 2 new specialty Blogs for 2 specific Target Markets we want to focus on for the next years. We will launch these also over the next 6 weeks.
• We have also decided we needed to get back to using regular mailings from time again to our Off Line Data Base, and as such have created and ordered a series of Pfunny postcards from Flashcards.
  
• We feel we are on track to get all our plans implemented over the next few weeks and we will hit the market running, when the Spring Market takes off....
• As we know when the flowers come out of the ground, so do the For Sale signs...
  

So let me ask you one more time.....how is Your Life in the Fast Lane?

Just this Evening I noticed this Pfanntastic Investment Opportunity in Las Vegas.....

$ 12,000 for a Condo in Las Vegas, some people I know go to Vegas and spend that on the Tables, to me this would be a much better use of money.....

Wow, We just might have to make a few calls on this one....

Saanich West, Single Family Homes Real Estate Market 2011 Year in Review.
Saanich West Is Located Just North of Esquimalt and Victoria, and West of the Pat Bay Highway, and combined with Saanich East is the Largest Municipality  in Greater Victoria.

Reviewing Single Family Home Market Activity In Saanich West for 2011:

• 28 Fewer Listings during the year, on 606 listings is 4.5 %  fewer
• 20 Fewer Sales during the year in Saanich West, (6.57 % fewer)
• 50.17 % of all Listings Sold  (down 0.93 % from 2010)
• The Average time on the Market for the Homes that did sell increased by 17 days.
• In General for Saanich West 2011 was very much a treading water type year, with not too many significant changes in so far as the numbers of listings and sales.

Reviewing Single Family Home Market Value Activity for the Saanich West for 2011:

• Average Sales Prices Increased Modestly by little over 4.18%,
• The Median Sale Price Increased by a bit over 7.14 %)
• The Spread between List & Sale Prices Decreased Slightly (1.09 %)
• Some Neighbourhoods did see significant Changes in sales value results, but with a limited data sample (anything less than 5% of the total number of sales in a community) these numbers are not reliable value indicators for the area.
• The Overall Increase in Saanich West Sales Prices is an indicator that people are recognizing Saanich West for the reasonably good value that it represents in Greater Victoria.

• City of Victoria Single Family Homes Real Estate Market Review of 2011
• Oak Bay Single Family Homes Real Estate Market Review of 2011
• Esquimalt, Single Family Homes Real Estate Market 2011 Year in Review
• Saanich East, Single Family Homes Real Estate Market 2011 Year in Review  
• Saanich West, Single Family Homes Real Estate Market 2011 Year in Review 
• Saanich Peninsula, Single Family Homes Real Estate Market 2011 Year in Review   
• West-Shore, Single Family Homes Real Estate Market 2011 Year in Review.
• Greater Victoria Strata Homes,  Real Estate Market 2011 Year in Review 

Here is a link to the Victoria Real Estate Board Statistical Reports, published every month.

Planning to buy, sell, upgrade, downsize, invest in real estate or relocate to Greater Victoria, and need information about your present or new area of choice?....... No Problem.
Peter and Linda Pfann now offer a FREE Pfanntastic Internet Service, keeping you informed about Greater Victoria Market Activity, including New Listings & Value Estimates, This absolutely Free no hassle service is completely customized to your specific requirements.
We call it: Victoria Homes Now, and this amazing little tool will ask you a few questions, and provides you with an updated snapshot of the property type(s), location (s) and real estate market activity as per your requirements.
The Pfanntastic Victoria Homes Now Service is Free, The Information is Invaluable,

Request Your Instant Access to Victoria Properties Right Now!

Saanich Peninsula, Single Family Homes Real Estate Market 2011 Year in Review
The Saanich Peninsula Is Located Just North of Saanich,  and Victoria, and contains Central Saanich, North Saanich and Sidney, the Victoria Airport and the BC Ferries Docks.

Reviewing Single Family Home Market Activity on the  Saanich Peninsula for 2011:

• 5 Fewer Listings on the Saanich Peninsula during the year, (only Central Saanich had more)
• 12 Fewer Sales on the Saanich Peninsula during the year, (only North Saanich Had 1 more)
• 45.58 % of all Listings Sold  on the Saanich Peninsula (down 1.14 % from 2010)
• The Average time on the Market for the Saanich Peninsula Homes that did sell increased by 7 days.

Reviewing Single Family Home Market Value Activity for the Saanich Peninsula for 2011:

• Average Sales Prices on the Saanich Peninsula Declined Modestly by little over 6.5%,
• The Median Sale Price on the Saanich Peninsula Declined by a bit over 2.7 %)
• The Spread between List & Sale Prices on the Saanich Peninsula Improved  Slightly (1.69 %)

• City of Victoria Single Family Homes Real Estate Market Review of 2011
• Oak Bay Single Family Homes Real Estate Market Review of 2011
• Esquimalt, Single Family Homes Real Estate Market 2011 Year in Review
• Saanich East, Single Family Homes Real Estate Market 2011 Year in Review  
• Saanich West, Single Family Homes Real Estate Market 2011 Year in Review 
• Saanich Peninsula, Single Family Homes Real Estate Market 2011 Year in Review   
• West-Shore, Single Family Homes Real Estate Market 2011 Year in Review.
• Greater Victoria Strata Homes,  Real Estate Market 2011 Year in Review 

Here is a link to the Victoria Real Estate Board Statistical Reports, published every month.

Planning to buy, sell, upgrade, downsize, invest in real estate or relocate to Greater Victoria, and need information about your present or new area of choice?....... No Problem.
Peter and Linda Pfann now offer a FREE Pfanntastic Internet Service, keeping you informed about Greater Victoria Market Activity, including New Listings & Value Estimates, This absolutely Free no hassle service is completely customized to your specific requirements.
We call it: Victoria Homes Now, and this amazing little tool will ask you a few questions, and provides you with an updated snapshot of the property type(s), location (s) and real estate market activity as per your requirements.
The Pfanntastic Victoria Homes Now Service is Free, The Information is Invaluable,

Request Your Instant Access to Victoria Properties Right Now!

West-Shore, Single Family Homes Real Estate Market 2011 Year in Review  
The West-Shore  (also called The Western Communities) is Located Just West of Saanich,  and Victoria, and contains View Royal, The Highlands, Langford, Colwood, Methchosin, and Sooke, most of Greater Victoria's New Single Family homes are constructed in the West-Shore.

 
Reviewing Single Family Home Market Activity on the  West-Shore for 2011:

• 2011 shows Colwood and View Royal with Fewer Listings compared to 2010.
• With 95 fewer sales in the Western Communities, only Metchosin saw an increase in the number of sales compared to 2010.
• In 2011 it took 12 days Longer on average  to sell a house in the Western Communities, with only Metchosin selling faster than in 2010. All in all the homes that are selling are doing so in approx. 2 months.
• Listing to sales ratio (how many of the listings actually sell) dropped from to a little more than 36%, this clearly is the biggest challenge for the Western Communities.
• In the Western Communities, New Home Construction is the highest compared to most other Greater Victoria Communities, and as such impacts the inventory levels and the with that the relative competitiveness of properties in the Market.

Reviewing Single Family Home Market Value Activity for the Wes-Shore for 2011:

• Both Median and Average Prices Declined by  4.75 % and 7.8 % respectively in The Western Communities, making homes more affordable.
• Once again only Metchosin saw average Sales Prices increase in 2011.
• The spread between Asking Price and actual Sale Price Ratio has increased by  a very modest 1.1 %.
• In General in The Highlands, Metchosin and other smaller communities with fewer sales Averages and Medians tend to be more impacted by a few extreme sales or events and as such a bit more caution needs to be taken in drawing conclusions from the data provided.

• City of Victoria Single Family Homes Real Estate Market Review of 2011
• Oak Bay Single Family Homes Real Estate Market Review of 2011
• Esquimalt, Single Family Homes Real Estate Market 2011 Year in Review
• Saanich East, Single Family Homes Real Estate Market 2011 Year in Review  
• Saanich West, Single Family Homes Real Estate Market 2011 Year in Review 
• Saanich Peninsula, Single Family Homes Real Estate Market 2011 Year in Review   
• West-Shore, Single Family Homes Real Estate Market 2011 Year in Review.
• Greater Victoria Strata Homes,  Real Estate Market 2011 Year in Review 

Here is a link to the Victoria Real Estate Board Statistical Reports, published every month.

Planning to buy, sell, upgrade, downsize, invest in real estate or relocate to Greater Victoria, and need information about your present or new area of choice?....... No Problem.
Peter and Linda Pfann now offer a FREE Pfanntastic Internet Service, keeping you informed about Greater Victoria Market Activity, including New Listings & Value Estimates, This absolutely Free no hassle service is completely customized to your specific requirements.
We call it: Victoria Homes Now, and this amazing little tool will ask you a few questions, and provides you with an updated snapshot of the property type(s), location (s) and real estate market activity as per your requirements.
The Pfanntastic Victoria Homes Now Service is Free, The Information is Invaluable,

Request Your Instant Access to Victoria Properties Right Now!

Saanich East, Single Family Homes Real Estate Market 2011 Year in Review  
Saanich East Is Located Just North of Oak Bay and Victoria, and East of the Pat Bay Highway, and combined with Saanich West is the Largest Municipality  in Greater Victoria.

Reviewing Single Family Home Market Activity In Saanich East for 2011:

• 30 More Listings during the year, on 1249 listings is less than 2.5 % 5 More Sales during the year in Saanich east,
• 52.52 % of all Listings Sold  (down 0.89 % from 2010)
• The Average time on the Market for the Homes that did sell increased by 4 days.
• In General for Saanich East 2011 was very much a treading water type year, with not no many significant changes in so far as the numbers of listings and sales.

Reviewing Single Family Home Market Value Activity for the Saanich East for 2011:

• Average Sales Prices Declined Modestly by little over 6.18%,
• The Median Sale Price Declined by a bit over 7.35 %)
• The Spread between List & Sale Prices Increased Slightly (0.23 %)
• Some Neighbourhoods did see significant Changes in sales value results, but with a limited data sample (anything less than 5% of the total number of sales in a community) these numbers are not reliable value indicators for the area.
• The Overall Decrease in Saanich East Sales Prices is consistent with most areas in Greater Victoria.
• We feel confident that In Saanich East we are at or even past the lowest point in the Market place.

• City of Victoria Single Family Homes Real Estate Market Review of 2011
• Oak Bay Single Family Homes Real Estate Market Review of 2011
• Esquimalt, Single Family Homes Real Estate Market 2011 Year in Review
• Saanich East, Single Family Homes Real Estate Market 2011 Year in Review  
• Saanich West, Single Family Homes Real Estate Market 2011 Year in Review 
• Saanich Peninsula, Single Family Homes Real Estate Market 2011 Year in Review   
• West-Shore, Single Family Homes Real Estate Market 2011 Year in Review 
• Greater Victoria Strata Homes,  Real Estate Market 2011 Year in Review 

Here is a link to the Victoria Real Estate Board Statistical Reports, published every month.

Planning to buy, sell, upgrade, downsize, invest in real estate or relocate to Greater Victoria, and need information about your present or new area of choice?....... No Problem.
Peter and Linda Pfann now offer a FREE Pfanntastic Internet Service, keeping you informed about Greater Victoria Market Activity, including New Listings & Value Estimates, This absolutely Free no hassle service is completely customized to your specific requirements.
We call it: Victoria Homes Now, and this amazing little tool will ask you a few questions, and provides you with an updated snapshot of the property type(s), location (s) and real estate market activity as per your requirements.
The Pfanntastic Victoria Homes Now Service is Free, The Information is Invaluable,

Request Your Instant Access to Victoria Properties Right Now!

Greater Victoria “Strata Property”  Market Activity Review For 2011.
(Condominiums, Town-Homes & ½ Duplexes).

Communities Included in this Greater Victoria Strata Property 2011 Year in Review Include:

 Central Saanich, Colwood, Esquimalt, Langford, North Saanich, Oak Bay, Saanich East, Saanich West,

 
Greater Victoria Strata Property Listings Review 2011:

• 224 More overall Strata Property Listings during the year, With 3+ bedroom inventory increasing the most.
• Esquimalt, Sidney and Saanich West with the largest overall increases.
• Victoria West with (by far) the biggest decline in Inventory.
• Where as Langford and Victoria West saw the biggest reduction in 2 bedroom suites.
• An overall inventory increase of slightly more than 4 % is encouraging based on the amount of inventory we have seen in previous years.

Greater Victoria Strata Property Sales Review 2011 :

• The Total Number of Sales was down 215 from 2010 (8.9%).
• 2 and 3+ bedroom suites sales represented the reduction in sales where 1 bedroom suites sales actually increased.
• Sidney, View Royal and Central Saanich saw sales increase from 2010.
• Langford had the largest decline number suites sold by 27.7% to 254.

Greater Victoria Strata Property Listings to Sales Review 2011 :

• List to Sales Ratio’s, Reviews how many of the listings actually sell.
• This method offers some insight in to the absorption and demand for the property types reviewed.
• List to Sales Ratio lower than approx. 35 % for a representative sample (more than 5 % of the market place) would be considered a very slow Market and very much a Buyers Market.
• List to Sales Ratio between approx. 35 % and 65 % are considered a Balanced and Moderate Market Place.
• List to Sales Ratio over approx. 65% would be considered a very active Market and Would be referred to as a Sellers Market.
• In General For Strata Properties in Greater Victoria we are seeing a Balanced Market with increased inventory a few interesting property segments, for example 3+ bedroom Demand in Sidney, Oak Bay and Central Saanich.

Greater Victoria Strata Property Sales Prices Review 2011 :

• When reviewing the sales prices in General one would almost think that there was really not a lot of price changes, until one reviews the various communities and the property types.
• The 2 bedroom segment (the most popular by the number of sales) saw their average prices increase by $ 13,777, but included in that group is an average sales price increase in Oak Bay by $ 149,987 (Based on 36 sales) while both Sooke and Central Saanich saw significant sales price drops in the same 2 bedroom average sale prices.

Greater Victoria Strata Property Sales to List Price Ratio Review 2011:

• The final List Price to Sales Price Ratio indicated the negotiating room that buyers and sellers agree on actual sales….
• This shows the eagerness and or motivation between buyers and sellers and the willingness to make deals by them.
• The Larger the spread, the weaker the market is and should tell Sellers that buyers are not paying top dollar.
• The closer the ratio is to 100% the more motivated buyers are to make a deal and the more likely it is for sellers to get their price.
• With final list to sale price ratio’s within 4 % of the asking price we seem to be at or near balanced in the market between buyers and sellers of Strata Properties in Greater Victoria.

Greater Victoria Strata Property Days on the Market Review 2011

• The fewer days a property remains on the market until sold, indicates the strength and confidence buyers have that it is the right time to buy.
• It also shows that pricing, presentation and condition of the properties sold was at par or better with the competition, and buyers felt that they where receiving great value with their purchase.
• In Greater Victoria Days on the Market is also used to indicate what type of market we are in (provided a representative sample is used)
• Less than 35 Days on the Market Indicates a Sellers Market
• 35 to 75 days on the Market indicates a Balanced Market
• More than 75 Days on the Market Indicates a Buyers Market
• In Reviewing Greater Victoria Strata Properties for 2011, We are (for the most part) in a Balanced Market

• City of Victoria Single Family Homes Real Estate Market Review of 2011
• Oak Bay Single Family Homes Real Estate Market Review of 2011
• Esquimalt, Single Family Homes Real Estate Market 2011 Year in Review
• Saanich East, Single Family Homes Real Estate Market 2011 Year in Review  
• Saanich West, Single Family Homes Real Estate Market 2011 Year in Review 
• Saanich Peninsula, Single Family Homes Real Estate Market 2011 Year in Review   
• West-Shore, Single Family Homes Real Estate Market 2011 Year in Review 
• Greater Victoria Strata Homes,  Real Estate Market 2011 Year in Review 

Here is a link to the Victoria Real Estate Board Statistical Reports, published every month.

Planning to buy, sell, upgrade, downsize, invest in real estate or relocate to Greater Victoria, and need information about your present or new area of choice?....... No Problem.
Peter and Linda Pfann now offer a FREE Pfanntastic Internet Service, keeping you informed about Greater Victoria Market Activity, including New Listings & Value Estimates, This absolutely Free no hassle service is completely customized to your specific requirements.
We call it: Victoria Homes Now, and this amazing little tool will ask you a few questions, and provides you with an updated snapshot of the property type(s), location (s) and real estate market activity as per your requirements.
The Pfanntastic Victoria Homes Now Service is Free, The Information is Invaluable,

Request Your Instant Access to Victoria Properties Right Now!

Greater Victoria Real Estate Listing & Sales Activity

From January 15 - January 22, 2012

"Elk Lake and Beaver Lake in Saanich near  Victoria, BC
is a Pfanntastic Place to call Home."

Every Week Peter and Linda Pfann take a quick reading of the Greater Victoria Real Estate Market (based on MLS information) for you. Below is our overview of the Victoria Real Estate Market over the past week.

The Vancouver Island BC Communities and Areas included in this Greater Victoria Real Estate Snapshot are:
Victoria, Saanich (East and West), Central Saanich, North Saanich, Sidney, Oak Bay, Esquimalt, View Royal, Highlands, Langford, Colwood, Metchosin, Sooke, Malahat.

If you would like to receive regular updates about real estate activity in your area, or the area you would like to move to, please use our Free Victoria Homes Now Tool that offers you to receive highly personalized and detailed property and statistical information at your fingertips.

	New Listings	219
	Back On Market	11
	Added to Inventory (New Listings & Back on the Market) Total for the Week	+230
	Price Changed	89
	Sales Pending	98
	Sold	95
	Canceled Listings	56
	Expired Listings	79
	Inventory Removed (Canceled, Expired, Pending & Sold) Total for the Week.	-328
	Inventory Change for the week	-98

With All the Snow over the Past week (yes I admit it, even Greater Victoria  has snow once in a while)

Once Again, inventory in Greater Victoria is dipping (ever so slightly) we Hope to see that with improved weather conditions, that we will see potential home buyers taking advantage of the super low interest rates and affordable home options in the market.

We feel that there is a a good start to the new year, and although it is to early know how this year will turn out, early signs are that the general public feels that with the lower prices, low interest rates and good supply, that the time has come to take advantage of some of the Pfanntastic Real Estate Opportunities available in the market place in Greater Victoria.

Further confirming that there is no doubt that we see a slowly improving and strengthening marketplace in Greater Victoria, for most areas and property types in and around the lower Vancouver Island region.

We also offer the Greater Victoria area, single family home market place reports for each community in and around Victoria. (you can read these reports here).

In short, dependent what your plans are with your real estate decisions, it is very important to consult with your trusted real estate expert to develop a strategy that will optimize your options and opprtunities. (we would like to apply to become your trusted expert).

We continue to point out in our weekly review.......89  Price Changes in one week,(read mostly price reductions).

"Deciding on The Right Asking Price is by far the most important decision sellers make to assist the sale of their property and why properties are Selling"

"(or why they are not selling)."

• It is our experience, that if sellers want to sell their property in this still softer and more fragile market, our best advise to potential home sellers is to trust your agent and the price recommendations they offer you based on their comprehensive market value evaluation.

• If you need a 2nd opinion, please do not hesitate to contact Peter and Linda Pfann, and it will be our pleasure to complete either a summary evaluation for you (see below) or provide our 60+ page, complete evaluation report which also includes our suggestions for optimizing the marketing results for your property.
  

Notes on our Weekly Review statistical information:

• If The Number of Properties Removed from the Market Exceeds the New Inventory for a longer period of time (3-4+ months) the market is active, and prices will level and eventually increase.
• When The Number of Properties Added to the Inventory Exceeds the Number of Properties Removed from the inventory for a longer period of time (3-4+ months), the market is slowing down and prices will remain level or likely reduce.
• Monitor our Victoria Real Estate Daily Market Watch over a period of time and you can easily see how the Victoria Real Estate Market is progressing.
• As always it is nearly impossible to apply the generalities of the entire market place to your particular personal situation, we encourage you to always best to consult with your local real estate specialist (in Greater Victoria that would be Peter and Linda Pfann off course). It would be our pleasure and privilege to review and discuss all your plans, dreams and options, in total confidence and without obligations.

Here is a link to the Victoria Real Estate Board Statistical Reports, and published every month.

Planning to buy, sell, upgrade, downsize, invest in real estate or relocate to Greater Victoria, and need information about your present or new area of choice?....... No Problem.
Peter and Linda Pfann now offer a FREE Pfanntastic Internet Service, keeping you informed about Greater Victoria Market Activity, including New Listings & Value Estimates, This absolutely Free no hassle service is completely customized to your specific requirements.
We call it: Victoria Homes Now, and this amazing little tool will ask you a few questions, and provides you with an updated snapshot of the property type(s), location (s) and real estate market activity as per your requirements.
The Pfanntastic Victoria Homes Now Service is Free, The Information is Invaluable,

Request Your Instant Access to Victoria Properties Right Now!

Greater Victoria Real Estate Listing & Sales Activity  January 15 - 22, 2012

JUST SOLD  2936 Trestle Pl. Langford BC.

We received a Pfanntastic Offer from a young couple who visited the First Open House at this lovely One Level Home  Langford Home.

• The Sellers are Excited that they can now focus on their Relocation to Halifax.
• The Buyers are very Happy with their lovely New Home,
• and when the clients are happy, it is the ultimate compliment for us.

If you are  Considering Your Real Estate Plans....... Talk To Peter and Linda, for Pfanntastic Real Estate Solutions....

JUST SOLD Pfanntastic Near New Langford Home,

Overview Maps Photos Features Description Neighborhood

$354,900 Single Family Home Main Features 2 Bedrooms 2 Bathrooms 1 Unit Interior: 935 sqft Lot: 2,876 sqft Location 2936 Trestle Pl Victoria, BC V9BOK6 Canada To get updates on open home dates and other property events, please click the "Like" button below:

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Peter and Linda Pfann Cornerstone Properties Ltd. 250-213-9490 info@pfanntastic.com http://www.pfanntastic.com Listed by: Cornerstone Properties Ltd.

Our recent listings SALE PENDING, But Other Options Available Pfanntasic Development Opportunity Near Ocean Front Pfanntastic 2 Bdrm, Waterview suite Subscribe to our listing feed

Nearby properties for sale