Peter Pfann

Sidney BC Real Estate Market Update September 2009

This month there were 15 Single Family Home Sales in Sidney.
This compares to 11 Sales for the same month last year.
For a change of 27 % over the past year.

This month the Average sale price for a Single Family Home in Sidney was: $478,664.
This compares to an average sale price of $484,416. during the same month last year.
For a change of - 1 % over the past year.

This month the Median sale price for a Single Family Home in Sidney was: $500,000.
This compares to a Median sale price of $417,500. during the same month last year.
For a change of 17 % over the past year.

This month there were 9 Condominium Homes sales in Sidney.
This compares to 5 Sales for the same month last year.
For a change of 44% over the past year.

This month the Average sale price for Condominium Homes in Sidney was: $306,893
This compares to an average sale price of $352,054. during the same month last year.
For a change of - 15% over the past year.

This month the Median sale price for Condominium Homes in Sidney was: $330,000.
This compares to a Median sale price of $395,000. during the same month last year.
For a change of - 20% over the past year.

This month there were 2 Town Home Sales in Sidney.
This compares to 3 Sales for the same month last year.
For a change of - 50 % over the past year.

This month the Average sale price for Town Homes in Sidney was: $337,536.
This compares to an average sale price of $ 409,686. during the same month last year.
For a change of - 21% over the past year.

This month the Median sale price for Town Home in Sidney was: $322,000.
This compares to a Median sale price of $307,900. during the same month last year.
For a change of 4 % over the past year.


ZIP Codes: V8Y, V8Z

Location Characteristics: Sidney is located on the Saanich Penninsula of Vancouver Island, about 20 kilometres north of Victoria. Sidney is surrounded on three sides by North Saanich, and is the focus of the residential real estate market since North Saanich is primarily an agricultural region.

Incorporated as a village in 1952, Sidney has experienced steady growth and currently has more than 11,000 residents. It is the primary business hub for the Penninsula. Some of the industries are tourism, marine and retail, as well as a growing hi-tech industry. One of the features of the town is Sidney by the Sea which has a thriving mixture of retail and professional services available. Several of the town's businesses and organizations have joined together to ensure that it remains a friendly, small town full of character and charm.

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About Peter & Linda Pfann:
Welcome to Pfanntastic Vancouver Island, BC Canada.

Peter and Linda Pfann, are looking forward with providing you with current market updates when you want them and as accurate as possible to your specific requirements and needs.
If we have not posted the information about a lower Vancouver Island community that you wish information about, please Talk To Peter at peter@talktopeter.com or (250) 213-9490, and it will be our pleasure to assist in any way possible with current and detailed market information.

Peter is one of Victoria's most experienced and business savy Agents, with over 20 years of Real Estate sales and managment experience and results for you to benefit from.

Good market or bad, we will give you the best possible service, and honest answers to your questions, we will out service anybody and communicate with you in the way and manner needed to get you the results and information that you require and deserve.

We call this in our slogan;

"Pfanntastic Homes, Old Fashion Service Since 1986.

We are committed to offer the best possible service to you, and would welcome your questions, suggestions and referrals at your convenience, and will try to respond to your emails withing 24 hours, but often within a few hours.

As you may know the market is shifting, so current and up to date information is essential, and we will provide it to you free of charge.

We are looking forward working and assisting you,

Live a Pfanntastic Life,

Peter and Linda Pfann.

www.TalkToPeter.com
(250) 213-9490