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We have sold a property at 2339 Sooke Rd in Colwood

We (Compass Realty Group)  have sold a property at 2339 Sooke Rd in Colwood on Feb 21, 2025. See details here

WORKSHOP // SUITE // GARDEN – This 2004 custom-built Colwood home sits on nearly a quarter-acre with a spacious fenced yard, ample parking, and plenty of garage space. Inside, the main home offers 3 bedrooms and 2 bathrooms, with 2 bedrooms and 2 bathrooms upstairs, including a master suite with a walk-through closet and ensuite. Downstairs, you’ll find a 3rd bedroom or home office. The renovated, self-contained 1-bed, 1-bath suite, with a private entrance, is perfect for guests or as an income helper. The home features new paint and flooring upstairs, while the lower floor has been fully renovated. The single-car garage is great for extra storage or a home gym, and the detached double-wide shop offers a spacious area for hobbies, projects, or whatever life sends your way. Centrally located near Belmont Centre and Westshore, this home provides easy access to Langford and Colwood amenities. Set back from the road, this home offers surprising peace and quiet—come see for yourself!

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Victoria Real Estate Market Update: February 2025

Hello, Victoria home enthusiasts! Let's dive into the latest trends shaping our beautiful city's real estate landscape. Grab a cup of coffee, and let's explore what's happening in our local market.

Market Momentum: Full Steam Ahead!

The Victoria real estate market has kicked off 2025 with impressive momentum. According to the Victoria Real Estate Board (VREB), January saw a total of 422 properties sold—a significant 23.8% increase compared to January 2024.

Single-Family Homes: The Heart of Victoria's Market

Single-family homes continue to be a cornerstone of Victoria's real estate scene:

  • Sales Volume: 194 single-family homes sold in January

  • Year-over-Year Growth: An impressive 19.8% increase from January last year.

For more detailed statistics on single-family homes and other property types across Greater Victoria, visit REALTOR.ca.

First-Time Buyers: Making Their Mark

Condominium sales often serve as an indicator for first-time buyers:

  • Condo Sales: A notable surge with 146 units sold—a whopping 30.4% increase year-over-year.

For insights into how broader economic factors influence local condo sales and rental markets, check out House Hunt Victoria.

Inventory: A Breath of Fresh Air

One exciting development is the significant increase in inventory:

  • Active Listings: At an impressive total of 2,395 at the end of January—up by both month-over-month (4.6%) and year-over-year (11.9%) metrics.

To explore current listings across Greater Victoria using MLS® data updated hourly on REALTOR.ca between specific times each day visit here.

Pricing Trends: Steady as She Goes

Home prices showed stability with modest fluctuations across different property types:

  • Single-Family Homes Benchmark Price: Increased by about $68k compared to December but still reflects steady demand within this segment.

Stability like this creates favorable conditions for both buyers and sellers alike.

What This Means for You

  1. Buyers: With more listings available than recent years past plus stable pricing trends overall—it’s now easier than ever before finding your perfect fit without breaking bank.

  2. Sellers: Strong demand persists especially among certain segments; however strategic pricing remains crucial given increased competition elsewhere across town.

Ready to Dive Deeper?

Get Your Free Home Valuation Report Today!

Contact us at Compass Realty Group via email at info@compassrealty.group or phone at 250-999-3506. Let us guide you through every step towards achieving your real estate goals!

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New property listed in Si Sidney North-East, Sidney

We (Compass Realty Group) have listed a new property at 2189A &2189B Amelia Ave in Sidney. See details here

This updated single-family home features two separate addresses under one title, offering flexibility for multi-generational living, co-ownership, or rental income. This rancher includes two self-contained side-by-side units, each with 2 bedrooms, 1 bathroom, and separate laundry—fully registered with the Town of Sidney. This home has been thoughtfully upgraded for maximum efficiency and low maintenance, featuring a new roof, 200-amp electrical system, energy-efficient vinyl windows, durable siding, and modern doors—offering long-term savings and peace of mind. Unit A is ideal as an owner-occupied residence or rental. (AirBnB option) Unit B (built in 2021) features an electric fireplace. Enjoy spacious, south-facing fenced yards. Currently tenant-occupied with reliable renters who wish to stay, this property offers immediate income potential. Located near schools, beaches, trails, shopping, dining, YYJ Airport, and BC Ferries. A rare opportunity—book your showing today!

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Why Victoria, BC is the Ideal Place for Families to Settle!

Victoria, BC, is often regarded as one of the best places to live in Canada, and for families looking for the perfect balance of lifestyle, amenities, and community, it checks all the boxes. From top-tier schools to abundant green spaces and a strong real estate market, Victoria offers an unmatched quality of life.

A Thriving Real Estate Market

The Victoria real estate market continues to attract families due to its diverse housing options, strong investment potential, and stable appreciation rates. Whether you're looking for a spacious single-family home in Gordon Head, a townhouse in Langford, or a waterfront property in Oak Bay, the region offers something for every budget and lifestyle. The demand for homes remains strong, driven by both local buyers and newcomers relocating from across Canada.

Top-Rated Schools and Educational Institutions

Education is a top priority for families, and Victoria is home to some of the best schools in British Columbia. Highly rated public and private schools, such as Oak Bay High, Glenlyon Norfolk School, and St. Michaels University School, offer exceptional academic programs. Additionally, post-secondary institutions like the University of Victoria and Camosun College provide excellent higher education opportunities right in the city.

Abundant Parks and Outdoor Activities

Victoria is known for its stunning landscapes and outdoor recreational opportunities. Families can enjoy hiking at Thetis Lake, cycling along the Galloping Goose Trail, or spending weekends at Beacon Hill Park. The city's mild climate allows for year-round outdoor activities, making it an ideal location for active families.

One of Canada’s Top Boating Destinations

Victoria has recently been listed among Canada’s top 10 boating destinations, alongside Vancouver, according to The Progress. With easy access to the Pacific Ocean, the Gulf Islands, and numerous marinas, it’s a paradise for boating enthusiasts. Whether you're sailing, fishing, or enjoying a sunset cruise, Victoria offers incredible opportunities to explore the waters.

A Safe and Welcoming Community

Safety is a top concern for families when choosing a place to live. Victoria consistently ranks as one of Canada’s safest cities, with a strong sense of community and low crime rates. Neighborhoods such as Fairfield, Broadmead, and Cordova Bay offer family-friendly environments with quiet streets, great amenities, and strong community engagement.

Family-Oriented Amenities and Services

Victoria offers a variety of family-friendly amenities, including recreation centers, libraries, and children’s programs. The Royal BC Museum, Butchart Gardens, and the Victoria Bug Zoo are just a few of the popular attractions that make the city an exciting place to raise children.

A Strong Job Market and Economic Growth

For families looking to establish long-term roots, Victoria’s economy provides stable employment opportunities. The city boasts a strong job market in sectors such as technology, healthcare, government, and tourism. With continued growth and investment, Victoria remains a prime destination for career-oriented families.

Thinking of Moving to Victoria? Let’s Find Your Perfect Home!

If you're considering making Victoria your home, now is a great time to explore your options. Whether you’re searching for a cozy family home or an investment property, I’m here to help guide you through the process. Contact me today to start your home search and take the next step toward living in one of Canada’s most desirable cities!

Owen Stacey Personal Real Estate Corporation, Compass Realty Group|Royal LePage Coast Capital

 owen@compassrealty.group   |  www.compassrealty.group

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We have sold a property at 649 Agnes St in Saanich

We (Compass Realty Group)  have sold a property at 649 Agnes St in Saanich on Feb 7, 2025. See details here

Don’t miss this wonderful opportunity to move to the exclusive Copperfield Village! This beautiful home shows like new and was built with family and entertaining in mind. Filled with elegant details throughout, this house has great curb appeal, a double height entrance, and an abundance of natural light. After passing the main floor office/den, you are greeted by a sunlit open-plan dining and living room featuring a gas fireplace, arched openings and hardwood floors. In the beautifully appointed kitchen, you’ll find granite countertops, a large island and SS appliances (and gas range). Also on this level is the double garage and inviting south facing backyard. Upstairs offers 3 bedrooms (incl. the large primary bedroom and ensuite), a main bathroom, and an upper flex area set up as a family room. This extremely convenient location is just minutes to great schools and all the amenities of Uptown, Royal Oak Shopping Centre, and Broadmead Village.

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We have sold a property at 210 2250 Manor Pl in Comox

We (Compass Realty Group)  have sold a property at 210 2250 Manor Pl in Comox on Feb 5, 2025. See details here

Spacious and beautifully kept 2nd floor end unit condo at Manor Park offering 1420 square feet with two bedrooms, one at either end of the condo, each with adjoining bathrooms and generous closet space. The kitchen has plenty of cabinets and work space and a nice dining area. The living room with 9'4" ceiling height has some handy built-ins, a wood burning fireplace and plenty of room for a more formal dining area. The primary bedroom has a private ensuite bath and a covered deck with an ocean view. Glass block windows in the entry/hallway area let the sun shine in and makes this unit lovely & bright. A large in-suite storage room is an added bonus! Located close to town, beach, marina and golf.

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