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Building & Condo information

1280 Newport Ave

1280 Newport Ave, Oak Bay, V8S 5E7 OB0100 - OB South Oak Bay

  • Levels: 4
  • Suites: 8
  • Status: Completed
  • Built: 1980
  • Title To Land: Frhld/strata
  • Building Type: Strata
  • Management company:  Confidential
  • Bldg#: 11943

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Building Info

“1280 Newport Ave” at 1280 Newport Ave is located in OB South Oak Bay, Victoria & was built in 1980 with 8 suites over 4 levels.

Strata Sub Categories: Strata

1280 Newport Ave Technical Info

Building Name 1280 Newport Ave
Address 1280 Newport Ave
City Oak Bay
Neighborhood OB South Oak Bay
Listing Price Range N/A
Floors 4
Units in Development: 8
Units in Strata:8
Property Types Frhld/strata
Sub Categories:Strata
Year Built 1980
ManagementConfidential
Restrictions Details
Title to Land Frhld/strata

1280 Newport Ave MLS® Listings And/Or Area MLS® Listings

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Area Rentals

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Victoria Real Estate Board Update

Victoria Real Estate Market Starts the Year with Fewer Listings and Above Average Activity

 

February 1, 2017 -  A total of 478 properties sold in the Victoria Real Estate Board region this January, 11.3 per cent fewer than the 539 properties sold in January last year.

Inventory levels edged lower, with 1,516 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of January 2017, 38.6 per cent fewer than the 2,471 active listings at the end of January 2016.

"The numbers we saw last year are not the new normal. We know that we are not going to see sales volumes this year that meet or beat last year's record breaking numbers," notes 2017 Board President Ara Balabanian. "When compared to the month of January's ten year average, which is 384 transactions, sales in January 2017 are nearly 25 per cent higher than average. The least active January we saw in the past ten years was in 2009 with 247 sales, and the most active was last year."

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in January 2016 was $616,700. The benchmark value for the same home in January 2017 has increased by 24.4 per cent to $767,000.

"It's early in the year to make predictions," adds President Balabanian. "Over the last few decades, the historic cycle in Victoria is longer periods of stable activity and price followed by a rapid rise in activity and property values over a relatively short period of time. The coming months will provide us with a better idea of where we are in this cycle."

About the Victoria Real Estate Board - 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 1,327 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.

View our press release and summary here.

View our complete statistical package here. 

For More Information 

Victoria Real Estate Board
Denise Hogue, Communications Manager

Phone: 250-920-4652

 

 

Frank Rudge Victoria Market Report for May 2017

Victoria News articles Search Victoria News 

# Article Publish Date Source
1 Victoria strengthening into one of B.C.’s most competitive markets
Royal LePage says home prices in Victoria are on the rise.
Victoria strengthening into one of B.C.’s most competitive markets #LesTwarog
2017/07/17 Canadian Real Estate Wealth
2 Eaglehurst Homes in North Saanich 99 three and four bedroom homes by Eaglehurst Developments
Eaglehurst Homes is designed to a Built Green Gold Status.
Eaglehurst Homes in North Saanich offers energy-efficient and spacious residen
2017/07/15 The Vancouver Sun
3 Bowker Collection 2285 Bowker Avenue Oak Bay 43 homes in a 4 storey midrise by Abstract Developments
The Bowker Collection is the first multi-family mixed use project in Oak Bay in more than ten years.
BOWKER COLLECTION A NOD TO ITS OAK BAY NEIGHBOURHOOD #LesTwarog
2017/06/10 The Vancouver Sun
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