Candid Comments on Vancouver Island Real Estate Market for April 2021
Candid Comments on Vancouver Island Real Estate Market for April 2021
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Happy Easter from The Neal Estate Team!


It is with deep sadness that we have had to cancel, for the second year in a row, our Annual Easter Egg Hunt.

The need for support helping sick kids get better hasn't diminished, in fact, the BC Children's Hospital is a COVID Hospital. Our team has decided that in lieu of purchasing the 20,000 chocolates for our annual hunt we will donate $3,000 to BC children's hospital.
If you are able, please join us and CLICK HERE NOW to make your donation. We will get through this together and we will be back at the park for our Easter Egg Hunt next year



Our Colouring Contest is Not Canceled!




Click Here to download our FREE EASTER COLORING CONTEST and enter to win great prizes.
Please mail completed entries to RE/MAX Alliance at 770B Hillside Ave, Victoria BC, or scan and email to admin@RonNeal.com on or before April 11th, 2021.
Winners announced at FaceBook.com/TheNealEstateTeam and on RonNeal.com/Blog

The Neal Estate Team's Victoria Real Estate Update for April 2021


March 2021 saw 1,173 total sales in the Victoria Board area, 35.9% more than the already robust sales numbers of February. Year over year the increase came it at 92.9% up. Breaking that increase down by property type, single family dwelling (SFD) sales were up 88.2% and condos were up 111.8% compared to the same month last year (574 SFD & 337 condo sales). We on the Neal Estate Team had a record breaking month as well, breaking our sales volume for any previous March with 27 happy families moved and over 25 million dollars of Real Estate sold.

Inventory again did not manage to keep pace with sales and there was a slight decrease from February to March (only 0.6%). With only 1,310 listings available at the end of
.. click here to continue reading

The Neal Estate Team's

Real Estate Market Update for Vancouver Island for

April 2021


Inventory in the Vancouver Island Real Estate Board area actually increased and increased significantly (29% up from February for both single-family homes and townhomes), but still sat at record lows overall. Condos did not increase much, with only 2 more listings active at the end of March compared to the end of February in that segment. 
Part of the reason that the seller’s market isn’t going to change quickly is because of the sustained demand and flurry of sales that are eating up all the new listings. Sales of single-family homes were up 67% year over year with 567 units of this property type selling. That is a sales volume in one month surpassing...click here to continue reading

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People are Talking!
PRAISE FOR THE NEAL ESTATE TEAM
Professionalism, Quality, Responsiveness, Value
Great experience, very professional attitude and responsiveness. You're being guided through the buying process with not much hassle to yourself. I really liked working with them and will return in the future.

-Alex T

The Neal Estate Team's 

COVID-19 Real Estate update.


Here are the and procedures we have implemented to protect the health of our clients and staff.
 
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