Rob Trinh Real Estate

May stats arrived ⛅️

There is a shift in the market. There were 1,776 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of May 2022, an increase of 30.1 per cent compared to the previous month of April and a 22.5 per cent increase from the 1,450 active listings for sale at the end of May 2021.

If comparing the winter to spring markets, inventory’s leveled up. Some of my clients are still losing out on multiple bids but not to the extent as before.

Spring stats have fallen 💐

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in March 2021 was $968,500. The benchmark value for the same home in March 2022 increased by 27.4 per cent to $1,233,700, up from February’s value of $1,196,300. The MLS® HPI benchmark value for a condominium in the Victoria Core area in March 2021 was $497,000 while the benchmark value for the same condominium in March 2022 increased by 27.8 per cent to $653,100, up from the February value of $603,600.

Never forget why I’m doing this 📟

February stats arrived 👄

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in February 2021 was $948,500. The benchmark value for the same home in February 2022 increased by 26.1 per cent to $1,196,300, up from January’s value of $1,161,500. The MLS® HPI benchmark value for a condominium in the Victoria Core area in February 2021 was $494,200, while the benchmark value for the same condominium in February 2022 increased by 22.1 per cent to $603,600, up from the January value of $587,300.

2022 energy: stay hydrated & take notes. As your REALTOR®, let me work hard for you 💪🏽

Been a fan of the Artemisia ever since it’s 2011 inception. Completed in summer 2014, it’s perched on the highest point of downtown Vancouver.

Developed by James Schouw & Associates and built by Boffo Developments, this 6-storey, concrete art-box homes 21 units, offers luxury, urban living. If you passed by this landmark, you’d feel as if you were in New York or San Francisco. It’s the stoops for me 💯

Possession day for my client of this modern unit with gorgeous views of the skyline & the Fraser River. Welcome to home ownership 🔑

January stats starts now but first, Happy Lunar Year 🧧 Year of the Tiger.

Let’s be as fierce in life this year as hoping that more inventory of property’s become available.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Victoria Core in January 2021 was $932,200. The benchmark value for the same home in January 2022 increased by 24.6 per cent to $1,161,500, up from December’s value of $1,144,900. The MLS® HPI benchmark value for a condominium in the Victoria Core area in January 2021 was $487,500, while the benchmark value for the same condominium in January 2022 increased by 20.5 per cent to $587,300, up from the December value of $570,600.

December stats have fallen ❄️

Hope the snow didn’t deter you from enjoying the holidays. Another reason to celebrate: December 2021 month end stats.

Inventory was lower than 2020, with another pandemic month to compare, it’ll be interesting to see how next December numbers fare. Now let’s get to work 2022!

November stats dropped ☔️

There is still limited inventory for buyer’s in a competitive market. There’s no argument the seller’s market is here to stay, at least until spring 2022.

An innovative, custom built home by . Don’t you just appreciate the minimalist design & decor? 📐 thanks for the invite