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June 2017

Found 2 blog entries for June 2017. soon - How can this marketing strategy benefit you? While we've incorporated a "coming soon” marketing strategy frequently with property sales over the years, in recent market conditions it has become a much more normal and commonplace part of successful home marketing strategies.

When we started this more than 20 years ago, it was based on the simple concept of trying to build interest and awareness while our sellers were preparing their homes for sale. Taking steps to ensure buyers interested in the area would be aware and not make a purchasing decision without considering our soon to be on the market option. Capitalizing on the lead time to build interest and to have buyers ready and eagerly waiting to view when the sellers were ready to open the doors to view.

Pro: Garner Interest In Your Home

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Neal Estate Team monthly update, June 2017 VREB statisticsAs predicted earlier this year, we are experiencing a gradual increase in the number of available listings for sale and moving towards a balanced market. There continue to be some neighbourhoods and property types that are in shorter supply than others, but overall the trend we’re observing is that selection is growing and upward pressure on prices is easing.

Having said that, the overall picture remains a very undersupplied market with less than a two month supply. In the month of May there were 1,006 sales in Greater Victoria and the number of active listings was up to 1,896. That’s down from last year’s record sales in May of 1,289 and up from 885 last month. The total number of active listings available for sale has been creeping up each month this

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