REAL ESTATE MARKET UPDATE
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An oft-overlooked part of the winter wardrobe is sunglasses. Yes, you read that right. We might not wear them often in the winter, but when we need them, we need them! To ensure you have a gorgeous pair on hand at all times, this PEI-based eyewear design house allows you to customize your own by selecting shape, material, and lens. Genius! fellowearthlings.com
In 2020 we were reminded that the most significant economic risks are the ones that “no one is talking about” because if no one is talking about it, no one is prepared!
THIS YEAR, WE ARE CLOSELY MONITORING TRENDS IN SUPPLY AND DEMAND, INTEREST RATES, UNEMPLOYMENT, AND IMMIGRATION, KNOWING THAT ALL THESE FACTORS WILL AID IN FORECASTING WHAT THE COMING MONTHS AND YEAR WILL BRING.
8 Bold accessories are one thing that always fit, and when you choose pieces that speak to you, you’ll always be in fashion. Susan Koch is a Vancouver Island jeweller famous for her west coast-inspired designs. This strand of local beach stones is a timeless Island piece. susankoch.ca
9 There is no modern winter pet peeve more commonly shared than having to remove your gloves to take that perfect snowy selfie! Avoid cold hands by getting a pair of cute winter mitts with SmartTips. These have fabric woven in that allows you to use your touch screen without taking off your warm mitts. ccbeanie.com
2426 Andover Rd. listed for $7,988,800
It is becoming increasingly difficult to predict market behaviour, but one thing we know is that 2021 is already starting to shape itself very differently. With the combination of buyers who have been biding their time and new buyers from other parts of Canada, inventory levels remain low, resulting in a competitive buyers’ market and many multiple offer situations. Here is a snapshot of the current Fairwinds and Nanoose Bay area real estate market.
Current 10 Here’s a tonguein-cheek nod to pandemic-chic that doubles as a true fashion must-have. Stay cozy with this gaiter that doubles as a face mask. It even has a metal nose bridge and filter pocket! epoqueevolution.com
Active listings...... 8
Highest listing price... $7,988,800
Past three months Homes sold........ 11
Highest sale price........ $1,599,900
Past six months Homes sold..... 33
Highest sale price........$4,150,000
Statistics supplied by Derek Gillette Personal Real Estate Corporation. Derek Gillette is a Realtor® with Gillette and Associates at eXp Realty and provides real estate services in the central Vancouver Island region. Current listings and values are accurate as of the date of publication. 23 PASSIONS | WINTER 2021
