Welcome October,
As the leaves turn and the air gets crisper, we are excited to welcome October into the real estate market! This month brings not only stunning fall scenery but also unique opportunities for buyers and sellers alike. Autumn often brings motivated buyers ready to settle in before the holidays, while sellers can take advantage of the season’s unique charm to highlight their homes.
As always, we are here to help with any of your real estate needs. Whether you’re looking to buy, sell, or just have questions, feel free to reach out!
ally and dennis
Victoria real estate market current conditions benefit buyers and sellers
October 1, 2024 A total of 571 properties sold in the Victoria Real Estate Board region this September, 15.8% more than the 493 properties sold in September 2023 and a 4.8% increase from August 2024. Sales of condominiums were up 21.9% from September 2023 with 189 units sold. Sales of single family homes increased by 19.3% from September 2023 with 272 sold.
“The real estate market in Victoria right now is much more stable and more predictable than it has been in recent years,” said 2024 Victoria Real Estate Board Chair Laurie Lidstone. “We have seen a few solid months of near-balance in the market, which means it’s neither a seller’s nor a buyer’s market and positives exist for both sides of a transaction. With downward trending interest rates and stable pricing combined with more inventory on the market, our current conditions are the most comfortable for consumers to navigate that I’ve seen in a few years.”
See the full report HERE.
5 Tips For A Cozy Atmosphere:
1. Create Inviting Entryways: Hang a fall-themed wreath on your front door made of leaves, berries, or even miniature pumpkins, and use doormats with autumn motifs to welcome guests.
2. Incorporate Seasonal Centerpieces: Have a mix of candles, small pumpkins, and seasonal flowers for a beautiful table centerpiece.
3. Utilize Fall Scents: Create a simmer pot with spices like cinnamon and cloves on the stove to fill your home with a delightful fall aroma.
4. Add Cozy Textile: Consider using chunky knit or flannel fabrics for added texture, and introduce soft throws and cozy blankets to your couches.
5. Illuminate with Soft Lighting: Use scented candles in fall fragrances like cinnamon, apple, or pumpkin spice to create a warm ambiance.
