Daily Informative Updates on
New Residential Real Estate & Construction News
for Vancouver Island Communities

MLS sales data released by the Vancouver Island Real Estate Board for January 2011 showed a small decrease in single family home sales from January 2010.
January 2011 had 205 unit sales compared to the 225 units sold in January 2010. The total number of single family homes on Vancouver Island north of Victoria currently available is 2,055 units - up from the same time last year where the number of homes for sale on Vancouver Island were at 1,834.
The average sale price across VIREB region for January 2011 is $321,489, down five per cent from the average sale price of $399,327 last January.
Jim Stewart, VIREB 2011 President says “Overall in the markets we are seeing normalization and stability. On a local level, however, we clearly show some big swings and these spikes and troughs reflect the different perspectives within our own specific areas. If you look at the market over the longer term you get better perspective of what the market is doing. The last two years have been a bit of a rollercoaster for the real estate market.”

1stView has been recognized as the Real Estate Company of the Year at the 11^th Annual Business Examiner Awards.

“Celebrating Business Excellence on Vancouver Island” the BE Awards were presented Jan. 27 at the Vancouver Island Conference Centre in Nanaimo. Awards were presented in 17 categories.

“I was honoured,” said Clarice Coty, owner of 1stView, of winning the award. Not a traditional real estate company, 1stView helps people find new Vancouver Island real estate including homes, vacation units and investment properties. 1stView is the premier online directory for home buyers and investors looking for new Vancouver Island real estate.

“There are some amazing stories to be told,” said Mark MacDonald, Business Examiner and Business Vancouver Island publisher, “and we are grateful to have the opportunity to highlight as sterling examples of what can be, and is being done in our region.”

In 2010, 1stView grew to see more than 20,000 visits per months, expanded its staff with the addition of a new marketing director, and a sales person for the launch of its new Vancouver Island Real Estate and Construction Directory. 1stView will soon launch a redesigned website, making it even easier to find new residential real estate and homes on Vancouver Island.