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I just finished uploading this Townhouse for sale, 194 3031 WILLIAMS ROAD, Seafair, Richmond, BC

Welcome to 'Edgewater Park'! This tastefully updated, 2-level, 4 bedroom, 2 bath townhouse features an updated kitchen complete with stainless steel appliances, gas stove, quartz counters, eating bar, updated bathrooms (heated floor in upper level bathroom) crown mouldings, updated rock fireplace, recessed lighting, private backyard quiet outlook, 2 parking and extra storage just outside your front door. Great quiet location in complex- just steps to the dyke, greenspace and play areas. Very well run welcoming family and pet friendly complex in prime West Richmond location with outdoor pool, club house, lovely landscaping, lots of visitor parking and easy access to Dixon Elementary (French immersion), Hugh Boyd, recreation, shopping and transit. Perfect place to call home!

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The stats from the Real Estate Board of Greater Vancouver have been released for September. Please take a read below and let me know if you have any questions!

 

Increased Demand Helps Housing Market Reach Balanced Territory

VANCOUVER, BC – October 2, 2019 – Home buyer demand has returned to more historically typical levels in Metro Vancouver over the last three months.

 
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,333 in September 2019, a 46.3 per cent increase from the 1,595 sales recorded in September 2018, and a 4.6 per cent increase from the 2,231 homes sold in August 2019.
 
Last month’s sales were 1.7 per cent below the 10-year September sales average.
 
“We’re seeing more balanced housing market conditions over the last three months compared to what we saw at this time last year,” Ashley Smith, REBGV president said. “Home buyers are more willing to make offers today, particularly in the townhome and apartment markets.”
 
There were 4,866 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in September 2019. This represents a 7.8 per cent decrease compared to the 5,279 homes listed in September 2018 and a 29.9 per cent increase compared to August 2019 when 3,747 homes were listed.
 
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 13,439, a 2.7 per cent increase compared to September 2018 (13,084) and a 0.3 per cent increase compared to August 2019 (13,396).
 
For all property types, the sales-to-active listings ratio for September 2019 is 17.4 per cent. By property type, the ratio is 12.7 per cent for detached homes, 18.9 per cent for townhomes, and 21.9 per cent for apartments.
 
Generally, analysts say that downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
 
“This is a more comfortable market for people on both sides of a real estate transaction,” said Smith. “Home sale and listing activity were both at typical levels for our region in September.”
 
The MLS® Home Price Index composite benchmark price for all residential homes in Metro Vancouver is currently $990,600. This represents a 7.3 per cent decrease over September 2018 and a 0.3 per cent decrease compared to August 2019.
 
Sales of detached homes in September 2019 reached 745, a 46.7 per cent increase from the 508 detached sales recorded in September 2018. The benchmark price for a detached home is $1,406,200. This represents an 8.6 per cent decrease from September 2018 and is virtually unchanged compared to August 2019.
 
Sales of apartment homes reached 1,166 in September 2019, a 43.6 per cent increase compared to the 812 sales in September 2018. The benchmark price of an apartment property is $651,500. This represents a 6.5 per cent decrease from September 2018 and a 0.4 per cent decrease compared to August 2019.
 
Attached home sales in September 2019 totalled 422, a 53.5 per cent increase compared to the 275 sales in September 2018. The benchmark price of an attached home is $767,500. This represents a 7.2 per cent decrease from September 2018 and a 0.6 per cent decrease compared to August 2019.

 

Click here to download the complete stats package.

 

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I just finished uploading this Condo for sale, 205 1333 W 7TH AVENUE, Fairview VW, Vancouver West, BC

Two bedrooms, two full bathrooms and two parking stalls, all in a solid rainscreened building on a quiet, tree lined street steps from South Granville shopping, Granville Island, and the seawall. With the kitchen and both bathrooms already nicely updated, this home offers excellent value in a prime Fairview Slopes location. The unit itself has a good efficient layout, in-suite laundry, laminate flooring, a gas fireplace, and a nice sized BBQ-friendly patio. Pet friendly too. Be quick on this one!

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I just finished uploading this Townhouse for sale, 51 6833 LIVINGSTONE PLACE, Granville, Richmond, BC

GRANVILLE PARK – immaculate & super clean south facing 2 bedroom PLUS den, 2 full bathroom townhome in Central Richmond! Well cared for and updated over the years. Featuring a cozy gas fireplace, laminate flooring on the main, brand new blinds throughout, newer stove, microwave, light fixtures and replaced the garage door opener in 2016. This home is perfect for a young family – walking distance to Minoru Park with the new aquatic centre complete with gym and pools, running track, sports field, ice rink, tennis courts, shopping, Richmond Centre Mall, transit, Canada line, library, schools (Richmond & Blundell) & restaurants! Tandem 2 car garage with extra storage. Well managed complex with super LOW STRATA FEES! Don’t miss this one. OPEN HOUSE: Sat, Sept 21st 2-4pm

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I just finished uploading this Townhouse for sale, 260 12420 NO. 1 ROAD, Steveston South, Richmond, BC

STEVESTON STATION – enjoy panoramic river, island & mountain views from this rare one of a kind LOFT STYLE 2 storey townhome right in the heart of Steveston Village! This 1026sf 1 bdrm + den, 2 FULL bath home features open concept living with 10ft ceilings, BRAND NEW kitchen with S/S appliances, white shaker cabinets & quartz counters w/ bar top seating. Perfect for entertaining - enjoy your cozy gas fireplace, Juliet balcony off the living room, crown molding & hardwood flooring throughout. Upstairs the Master boosts a large custom closet, skylights & a full bath. Take in spectacular sunset views on you massive 220sf west facing rooftop deck! Secured double side-by-side DETACHED GARAGE. Just steps to the boardwalk & Steveston’s many amenities, attractions & shopping! OPEN Sept 28/29 2-4pm

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