Esquimalt BC Condominium Market Update August 2010About Esquimalt (Victoria, BC)
Over the past few months people have started notice a softening in the Victoria Real Estate Market in General. The Esquimalt Condominium Real Estate Market is no different. With low interest rates, good supply and inventory, Esquimalt offers some perfect home buying opportunities.
The Statistics below, will offer you many different ways to review and analyze the current market conditions and activity in the area, also interesting to note is to compare this year with last years, activity, prices and other stats. We hope you enjoy this review of the Esquimalt Condominium Market review for this month. We deliberately have not written any comments or conclusions, as we believe that anything we post could be construed as trying to taint the information. One foot note, all the statistical information in this review is from the VREB MLS statistical information and does not include information from private sales and or builder / developers.
The information provided is believed to be accurate and complete from the sources stated, however this information should not be used strictly in order to establish the market value of your property and or to make decisions about your personal real estate plans.
We would encourage you to contact Peter and Linda Pfann at your convenience so that we can assist you with developing the best strategy and plans to allow you to achieve your desired real estate results.
Esquimalt Real Estate Activity for August 2010
Esquimalt Active Condominium Listings Statistics For August 2010
See clarification for abbreviations at the bottom of this post.
Esquimalt Condominium Sales Activity August 2010 and Market Comparison 2009 vs 2010
Clarification for Rows;
Min - Minimum, Not necessarily from the same listing
Max - Maximum, Not necessarily from the same listing.
Avg - Average of each Column
Sum - Total of each Column
Clarification of Columns;
Price List - The Current list price of the properties included
Price Sold - The Sale Price of the properties included (when sold)
Price Original - Original List Price of the properties included
Assessed Value - BCA Assessed Value for Property Tax Purposes
DoM - Days On Market
S/L - Sales to list price ratio (sold price divided by list price)
L/A - list price to Assessed value ratio (list price divided by Assessed Value)
O/FinSF - Original Price to Finished Square Feet Ratio
L/FinSF - List Price to Finished Square Feet Ratio
S/FinSF - Sale Price to Finished Square Feet Ratio
A/FinSF - Assessed Value to Finished Square Feet Ratio
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