Krista V and Mark G
2249 Oak Bay Ave V8R 1G1 Victoria, BC, Canada

Victoria real estate market sees strong start to 2021! February 1, 2021 A total of 646 properties sold in the Victoria Real Estate Board region this January, 57.2 per cent more than the 411 properties sold in January 2020 and 2.4 per cent more than the previous month of December. Sales of condominiums were up 83.1 per cent from January 2020 with 216 units sold. Sales of single family homes were up 48.5 per cent from January 2020 with 297 sold. "Our bustling market continues ...to be fueled by strong consumer demand to own a home in Greater Victoria, driven in part by low interest rates and by the overall desirability of our larger community," said Victoria Real Estate Board President David Langlois. "This continuing demand, coupled with our record low inventory, has resulted in competition for desirable properties. The competition for sparse inventory has pushed both pricing and activity up and has created the very fast-paced market that we've been experiencing for the past several months." There were 1,321 active listings for sale on the Victoria Real Estate Board Multiple Listing Service at the end of January 2021, 32.5 per cent fewer properties than the total available at the end of January 2020 but a 3.3 per cent increase from the 1,279 active listings for sale at the end of December 2020. "The luxury home market continues to significantly outpace previous years," adds Langlois. "For example, in January 2020, four homes over two million dollars sold. This January, twenty-five sold. We also see a continued strengthening in the condominium market across all price points. Right now, navigating both the buying and selling process is challenging. With many moving pieces and in such a fast-paced market it's important to leverage the experience and expertise of your trusted local REALTOR." (Cont’d in comments) Note: all Info taken from https://www.vreb.org/current-statistics#gsc.tab=0 #kristavmarkg #yyjrealestate #engelvolkersvancouverisland #beautifulbc #luxuryrealestate #homeforsale #victoriabccanada

krista V and Mark G were busy in 2020 and we are proud to announce that Krista V was in the top producers of Engel & Völkers Victoria. We want to thank all of our amazing clients who trusted us in buying and selling their homes. We appreciate the referrals to friends and family! Every transaction comes with challenges and new learning experiences which ultimately increase our expertise! We are always here for your real estate needs and are your trusted real estate advisors! ... Thank you to all of the team @engelvolkersvancouverisland, we appreciate all that you do to support us and we are so proud to be a part of this amazing company and brand! We look forward to another great year! Have a fantastic day! . Kristavmarkg.ca . . . . #kristavmarkg #yyjrealestate #engelvolkersvancouverisland #beautifulbc #luxuryrealestate #homeforsale #victoriabccanada

We are thrilled to announce our Top Producers in 2020. This past year brought many unexpected challenges, but we are inspired by how well our team was able to adapt and thrive.

Happy Monday! Our team is thrilled to have had a successful last month of 2020 and we wanted to take a moment to congratulate our Top Producers in December.

The following was taken from VREB.org, contact Krista V and Mark G to discuss your market if you are thinking about buying or selling! Kristavmarkg.ca The 2020 Victoria real estate market year in review: January 4, 2021 A total of 631 properties sold in the Victoria Real Estate Board region this December, 57 per cent more than the 402 properties sold in December 2019 and a 20.6 per cent decrease from November 2020. Sales of condominiums were up 61.2 per cent from December 2...019 with 195 units sold. Sales of single family homes increased 58.6 per cent from December 2019 with 314 sold. A grand total of 8,497 properties sold over the course of 2020, 17.1 percent more than the 7,255 that sold in 2019. 2020 sales came in close to one thousand sales over the ten-year average of 7,329 properties. "This has been an unexpected year on many levels," says 2020 Victoria Real Estate Board President Sandi-Jo Ayers. "The onset of the COVID-19 pandemic in March and April quickly swept away any illusions that our normal seasonal market patterns would persist. Equally surprising was the resurgence of our market in early summer when restrictions lightened and pent-up demand began pushing sales beyond expectations. The combination of the ongoing pandemic, historically low interest rates and a shift in consumer priorities towards properties that cater to a more home-based work / life / retirement balance resulted in record setting sales for the last several months of 2020." There were 1,279 active listings for sale on the Victoria Real Estate Board Multiple Listing Service at the end of December 2020, a decrease of 29.5 per cent compared to the previous month of November and a 34.5 per cent decrease from the 1,952 active listings for sale at the end of December 2019. This represents the lowest inventory of active listings at month-end in at least the last 25 years. Continued in comments...

Happy New Year to you all! We ended 2020 on a high note in the sale of another beautiful Shoal Point home! We have happy clients and happy buyers, congrats to all! Krista V and Mark G sold 5 listings in Shoal Point this year! We are your Shoal Point experts whether you you are looking to buy or sell! Have a great day! . . . .... #kristavmarkg #yyjrealestate #engelvolkersvancouverisland #beautifulbc #luxuryrealestate #homeforsale #victoriabccanada #shoalpoint

Krista V and Mark G are pleased to share that we have sold two more beautiful homes in the luxurious Shoal Point. A big congratulations to our wonderful clients, the buyers who get to call this amazing building their home, and the cooperating agents that helped bring these sales together. We are proud to have sold 4 units in Shoal Point this year and pride ourselves on being Shoal Point experts! Please reach out if you ever have buying or selling questions related to this bu...ilding! Kristavmarkg.ca . . . #kristavmarkg #yyjrealestate #engelvolkersvancouverisland #beautifulbc #luxuryrealestate #homeforsale #victoriabccanada #shoalpoint

Victoria real estate market continues to experience strong demand, low supply A total of 795 properties sold in the Victoria Real Estate Board region this November, 37.8 per cent more than the 577 properties sold in November 2019 but 19.7 per cent fewer than the previous month of October 2020. Sales of condominiums were up 62.7 per cent from November 2019 with 262 units sold. Sales of single family homes were up 21.8 per cent from November 2019 with 375 sold. Once again, we’...ve tracked an unexpectedly busy month for the Victoria area real estate market, said Victoria Real Estate Board President Sandi-Jo Ayers. With near 800 total sales last month, we came close to the record for sales in a November - which was 892 sales in 1989." There were 1,813 active listings for sale on the Victoria Real Estate Board Multiple Listing Service at the end of November 2020, 24.4 per cent fewer properties than the total available at the end of November 2019 and a 14.6 per cent decrease from the 2,122 active listings for sale at the end of October 2020. I expect the question on most people’s minds is how long does this last, and is this sustainable, adds Ayers. The fact is, the market has out performed anyone’s expectations in the midst of this pandemic. There is a chance we will see a slow leveling of activity over the winter which is what we would expect seasonally. However, because of our consistently low inventory, pressure on pricing and multiple offer situations will likely continue as we remain in a demand-heavy environment. The Multiple Listing Service Home Price Index benchmark value for a single family home in the Victoria Core in November 2019 was $857,600. The benchmark value for the same home in November 2020 increased by 5.3 per cent to $903,100, a 2.7 per cent increase from the previous month of October. The MLS HPI benchmark value for a condominium in the Victoria Core in November 2019 was $517,400, while the benchmark for the same condominium in November 2020 remained close to last year’s value at $516,600, a 0.2 per cent fluctuation. . . #kristavmarkg #yyjrealestate #engelvolkersvancouverisland #beautifulbc #luxuryrealestate #homeforsale

Victoria Real Estate Market continues to outperform in unpredictable times A total of 990 properties sold in the Victoria Real Estate Board region this October, 59.9 per cent more than the 619 properties sold in October 2019 and 0.1 per cent more than the previous month of September 2020. Sales of condominiums were up 70.8 per cent from October 2019 with 304 units sold. Sales of single family homes were up 53.1 per cent from October 2019 with 487 sold. "Once again, another ...month concluded with numbers that surprised many of us," said Victoria Real Estate Board President Sandi-Jo Ayers. "Sales for October broke the record for the month and inventory continues to be snapped up quickly. Due to this high demand, low supply environment, we are seeing many multiple offer situations. Condos and single family homes both continue to be popular choices for buyers." There were 2,122 active listings for sale on the Victoria Real Estate Board Multiple Listing Service at the end of October 2020, 19.7 per cent fewer properties than the total available at the end of October 2019 and an 11.2 per cent decrease from the 2,389 active listings for sale at the end of September 2020. "We have mentioned previously the pent-up demand - how sales that were depressed over the spring because of the pandemic occurred later during the summer. These delayed sales resulted in higher than average numbers for our summer and early fall market," adds Ayers. "We may also be seeing some brought-forward demand - where people are making their future moves now. In part this may be to take advantage of lower mortgage interest rates. It may also be because of our current public health situation. Some people may be anticipating a slow down in general activity over the winter months due to the course of the pandemic and so are accelerating their plans. This may mean continued heightened sales activity through the fall and early winter, which is contrary to our normal market trend. In a normal year, we would see a tapering off of activity leading to the winter season, but thus far we have seen sustained sales and demand through October. Above from VREB.org.

Happy Halloween! Since Halloween is looking a little different this year, we wanted to find a way to celebrate with you virtually and support our local small bu...siness community! We are excited to announce we are hosting a Halloween Costume Contest! Post a photo of your costumes this year & tag us for a chance to win one of the following prizes: Adult Costume: $50 Gift Certificate to Bear & Joey Children's Costume: $50 Gift Certificate to Timeless Toys Pet Costume: $50 Gift Certificate to Paws on Cook Contest closes October 31st at 11:59pm. Photos will count as entries on both Instagram & Facebook. One recipient will be selected from each of the categories above & announced on November 1st. This contest is not sponsored by Facebook, must be local to lower Vancouver Island to participate.

October has been another busy month! Here are the month-to date stats for October... sales are up and inventory is down. Good time to buy or sell?? Reach out, we are happy to chat about your buying or selling in your particular market! Have a great day! Kristavmarkg.ca .. . . .... . . #kristavmarkg #yyjrealestate #engelvolkersvancouverisland #beautifulbc #luxuryrealestate #homeforsale #victoriabccanada

Another beautiful unit sold in Shoal Point! Congratulations to our sellers! We have 2 more beautiful listings in this stunning luxury building, visit kristavmarkg.ca to see our current listings! Enjoy that sunshine! . . . .... . #kristavmarkg #yyjrealestate #engelvolkersvancouverisland #beautifulbc #luxuryrealestate #homeforsale #victoriabccanada #shoalpoint

Congratulations to our Shoal Point seller! The deposit is in on this great live/work unit. Shoal Point is an amazing place to call home with so much to offer! Krista V and Mark G are your Shoal Point experts, we are always here for any questions! Kristavmarkg.ca. . . . .... #kristavmarkg #yyjrealestate #engelvolkersvancouverisland #beautifulbc #luxuryrealestate #homeforsale #victoriabccanada #shoalpoint

317-21 Dallas Rd - Shoal Point . Lovely, spacious corner unit condo at prestigious Shoal Point. Enjoy inner harbour views from the main living areas and the large private deck. Greenery and park views on your second deck off the master. The large, bright kitchen complete with an island, granite counter tops and lots of cupboard and pantry space is sure to please any cook! A sunny space just off the kitchen is perfect for a sitting or eating area. The living/dining room's size... give many layout options and features a gas fireplace. The large master bedroom offers room for a king bed and has a 5 piece ensuite, walk -in closet, a cozy gas fireplace, and sunny deck. The second bedroom is also spacious and has its own ensuite. A 2 piece powder room and laundry room complete the layout. Other features include A/C, gas bbq connection and hose bib on deck. Enjoy the many amenities exclusive to Shoal Point: 25m lap pool, gym, steam, sauna, concierge, guest suites, putting green, bike & kayak storage. . . Full listing here: https://kristavandmarkgteam.evrealestate.com//21-Da/853621 . Video by @matthewjamesrephoto . . . #kristavmarkg #yyjrealestate #engelvolkersvancouverisland #beautifulbc #luxuryrealestate #homeforsale #victoriabccanada