Home sales up slightly in Sooke area

Sales of Sooke residential single family homes up in February

  • Wed Mar 6th, 2013 8:00pm
  • News

There were 17 residential single family home sales in Sooke in February with an average price of $409,231, the six month average was $398,474, the lowest price in the Greater Victoria area. The most was 44 sales in Saanich East with an average price of $615,211.

No condominiums or townhouses were sold in Sooke. No lots or acreages were reported sold by the Victoria Real Estate Board.

Five manufactured homes sold in Sooke with an average price of $58,120, the six month average price was $68,576.

Single family residential properties remained on the market 25 per cent longer than in the same month last year. Manufactured homes remained on the market 57 per cent longer than in February of last year.

Sales in February were up from the number of sales in January. The real estate board says the typical spring market is picking up and realtors have a more positive outlook. Many buyers are still waiting for prices to drop, and  sellers are in a holding pattern regarding the value of their homes.