Matson Stax - 2732 Matson Road, Victoria BC V9B 3Z2, 3 levels, 22 two and three bedroom condos ranging 743 - 1,504 square feet, built 2014, Crossing roads: Matson Road & Brock Avenue.
Developed by Cornerstone Construction Ltd., Matson Stax is a thermally efficient 3 storey steel and concrete building designed with a relaxed, organic design aesthetic.
This limited collection of two & three bedroom homes showcases contemporary West Coast-style architecture with large windows and a lovely little waterway. Modern interiors feature granite counter tops, sleek stainless steel appliances, large walk-in closet, and balcony enclosure with stainless steel and glass railings.
Located in the heart of Langford, MATSON STAX has a lot to offer right at its doorstep. Only blocks away from shopping in downtown Langford and the big box stores and amenities of Millstream Village, with Westshore Town Centre only three minutes away. MATSON STAX is close to Thetis Lake, Florence Lake, Mill Hill Park and the Galloping Goose Trail. The View Royal Casino and Juan De Fuca Recreation Centre is only 10 minutes away. We are only 15 Kilometres to downtown Victoria allowing for a more than reasonable commute.
Victoria Real Estate Board Update
Victoria Property Sales Continue Record Breaking Pace
September 1 2016, Victoria, BC
A total of 883 properties sold in the Victoria Real Estate Board region this August, an increase of 19.2 per cent compared to the 741 properties sold in August last year.
"August is a record breaker in more than one way. For the sixth consecutive month, we have a sales record with more sales than any other month of August on record,” says Mike Nugent, 2016 President of the Board. “We also have the lowest number of listings available for sale in an August than we’ve seen in the last twenty years. That lack of inventory will continue to put pressure on pricing. Sales would be even higher were there more inventory available for buyers to purchase. Regardless of the low inventory, it’s safe to say that by midSeptember we will have surpassed the number of sales for all of 2015, with four months remaining in the year."
Inventory levels remain lower than last year, with 2,094 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of August 2016, 43.2 per cent fewer than the 3,688 active listings at the end of August 2015.
“As we saw last month, the expected seasonal slowdown continues as we move towards the autumn,” adds Nugent. “August tends to be the slower summer month, though the year-over-year sales numbers are very strong. This shows continued consumer confidence in the Victoria real estate market. It is early to determine a trend, but we don’t see any early indications that the foreign investment Property Transfer Tax implemented in Metro Vancouver has impacted sales to any extent in Victoria at this time.”
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in August, 2015 was $603,200. The benchmark value for the same home in August 2016 has increased by 23.8 per cent to $746,900
About VREB – Founded in 1921, the Victoria Real Estate Board is a key player in the development of standards and innovative programs to enhance the professionalism of REALTORS®. The Victoria Real Estate Board represents 1,283 local Realtors. If you are thinking about buying or selling a home, connect with your local Realtor for detailed information on the Victoria and area housing market.
Denise Hogue, Communications Manager - email@example.com, 250.920.4652
View our complete statistical package here and will be posted this afternoon on VREB.org.