Victoria Real Estate | Capital City Group

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Victoria Real Estate Market Update – March 2022

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No signs of slowing. 

February was yet more selling frenzy in a market that shows no signs of cooling off for Victoria Real Estate. Neither the interest rate hike nor the announcement of a potential cooling off period for buyers has done anything to slow things down. February offered up an unheard of 85% sales to active listings ratio with 718 listings selling, and 849 active listings at the end of February. Aggressive buyers, and multiple offers continue to be a tale of the tape.

Some savvy buyers have turned to pre-sales to get into the market without the feeding frenzy, and we here at CCG have teamed up with an amazing mortgage specialist who can offer 12-18 month pre approvals AND rate holds for new construction/pre-construction purchases. Finally some good news for buyers!!! If you want more details and a detailed list of new construction buildings currently available and coming up give me a shout today.

2091 Stonehewer Pl $2,795,000

2091 Stonehewer Pl Oak Bay, British Columbia

5 Beds 3 Baths 4,032 SqFt 0.200 Acres

2742 Cavendish Ave $2,175,000

2742 Cavendish Ave Oak Bay, British Columbia

4 Beds 3 Baths 4,247 SqFt 0.210 Acres

1175 Beach Dr 504 $2,990,000

1175 Beach Dr 504 Oak Bay, British Columbia

2 Beds 3 Baths 1,830 SqFt 0.040 Acres

2659 Currie Rd $2,500,000

2659 Currie Rd Oak Bay, British Columbia

5 Beds 3 Baths 4,627 SqFt 0.170 Acres

Sooke

Just 35 minutes away from Victoria and nestled along the Juan de Fuca coastline lies the growing community of Sooke. The area is a true nature lover’s delight and is known for hiking, kayaking, mountain biking, fishing and other outdoor activities. If you’re looking to live among nature with amazing water and Olympic Mountain views, … Read more

View Royal

Centrally located, View Royal offers quaint waterfront neighbourhoods and park-like surroundings. Undulating topography filled with trees and forest meadows, View Royal has a unique rural feel while still being close to major urban centers. Homes For Sale in View Royal

Western Communities

Langford & the Westshore Victoria’s Western Communities – commonly referred to as the “Westshore” – includes Colwood, Metchosin and Langford, British Columbia’s fastest growing community. The area prides itself on offering affordable family homes and many local amenities. Home to Canada’s rugby team and several international sports centers (including Bear Mountain Golf & Tennis Resort), … Read more