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Savoy MLS® Listings
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Building Info
777 Blanshard Street, Victoria, BC V8W 2G9, Canada. This development is 9 storeys with 62 units. Built in 1975. Strata Plan VIS183. Crosrroads are Blanshard Street and Fairfield Road located in the Fairfield neighborhood in Victoria. Maintenance fees includes building insurance, garbage pickup, heat, hot water, mangement, rec facility, water and yard maintenance.
Just steps to the Provincial Court House and Parliament buildings. Nearby Schools are Pacific School of Innovation and Inquiry, Geos Languages Plus Victoria, Christ Chruch Cathedral School, South Park Elementary School, James Bay Community School, Victoria High School and Central Middle School. Supermarkets and Grocery Stores nearby are Market On Yates, Oxford Foods, Quonley's Gifts & Grocery, Blair Mart Mediterranean Foods, Little Gem Grocery, Birdcage Confectionary, Fisgard Market Ltd., Thrifty Foods, Seven Valley Fine Food & Deli. and Niagara Grocery. Short drive to Downtown area, Gordon Head, Willows and Oak Bay. Nearby parks include Pioneer Square, Quadra Park and Reeson Park.
Victoria real estate activity picks up as restrictions ease
June 1, 2020 A total of 457 properties sold in the Victoria Real Estate Board region this May, 46.1 per cent fewer than the 848 properties sold in May 2019 but 59.2 per cent more than the previous month of April 2020. Sales of condominiums were down 55.7 per cent from May 2019 with 108 units sold. Sales of single family homes were down 42.9 per cent from May 2019 with 254 sold.
"Our market continues to respond to the current health crisis," says Victoria Real Estate Board President Sandi-Jo Ayers. "Activity in real estate right now echoes the activity in our broader community - as restrictions gradually begin to lift - so too have our sales and listings numbers. Of course, like any industry, we do not expect a sudden shift back to any kind of normal. That said, one theme that persists in our market is that well-priced properties in high demand areas continue to see multiple offers. Demand exists and we continue to have motivated buyers searching for their perfect home."
There were 2,544 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of May 2020, 15.7 percent fewer properties than the total available at the end of May 2019 but a 10.4 per cent increase from the 2,305 active listings for sale at the end of April 2020.
"If you're considering buying or selling a property right now you will find the experience different than pre-pandemic," adds Ayers. "REALTORS® are doing our part to ensure that there is not a resurgence of COVID-19 in our community by following government health and safety guidelines, by leveraging technology to facilitate many aspects of the real estate transaction virtually and by implementing various clean showing protocols. Your Realtor will navigate the new processes and requirements to keep you, your property and our city safe and healthy."
The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in May 2019 was $863,000. The benchmark value for the same home in May 2020 increased by 2.6 per cent to $885,400, 0.1 per cent more than April's value of $884,600. The MLS® HPI benchmark value for a condominium in the Victoria Core area in May 2019 was $516,400, while the benchmark value for the same condominium in May 2020 increased by 3.5 per cent to $534,300, 0.1 per cent more than the April value of $533,600.
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 1,387 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. For a list of live stream open houses, visit openhousesvictoria.ca.
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