604-644-1044
Connect
RSS

Posted on by




April 2, 2015

Metro Vancouver home buyers out in force in March

Demand continued to rise across Metro Vancouver's housing market in March.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 4,060 on the Multiple Listing Service® (MLS®) in March 2015. This represents a 53.7 per cent increase compared to the 2,641 sales recorded in March 2014, and a 32.6 per cent increase compared to the 3,061 sales in February 2015.

Last month’s sales were 26.8 per cent above the 10-year sales average for the month.

"We're seeing strong competition amongst home buyers today. This is leading to more multiple offer situations and some upward pressure on home prices,” Darcy McLeod, REBGV president said. “For sellers, this means that it's taking less time, on average, for your home to sell if you have it priced correctly for today's market."
   
New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,968 in March. This represents a 13 per cent increase compared to the 5,281 new listings reported in March 2014.
   
Last month’s new listing count was 4.7 per cent higher than the region’s 10-year new listing average for the month.
   
The total number of properties currently listed for sale on the REBGV MLS® is 12,376, a 14.5 per cent decline compared to March 2014 and a 4 per cent increase compared to February 2015.

“The number of homes for sale today is below what’s typical for this time of year,” McLeod said. “If you’ve been considering putting your property on the market, these market conditions indicate that now may be a good time to list.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $660,700. This represents a 7.2 per cent increase compared to March 2014.

The sales-to-active-listings ratio in March was 32.8 per cent. This is the highest that this ratio has been in Metro Vancouver since July 2007.

Sales of detached properties in March 2015 reached 1,711, an increase of 53.3 per cent from the 1,116 detached sales recorded in March 2014, and an 83.4 per cent increase from the 933 units sold in March 2013. The benchmark price for a detached property in Metro Vancouver increased 11.2 per cent from March 2014 to $1,052,800.

Sales of apartment properties reached 1,627 in March 2015, an increase of 47.1 per cent compared to the 1,106 sales in March 2014, and an increase of 65.7 per cent compared to the 982 sales in March 2013. The benchmark price of an apartment property increased 3.3 per cent from March 2014 to $390,200.

Attached property sales in March 2015 totalled 722, an increase of 72.3 per cent compared to the 419 sales in March 2014, and a 67.1 per cent increase from the 432 attached properties sold in March 2013. The benchmark price of an attached unit increased 4.9 per cent between March 2014 and 2015 to $484,900.

*Editor’s Note:  Areas covered by Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta.

Download the complete stats package by clicking here.
Read

Posted on by

3.jpg

On Mar 29th, 2:00 PM to 4:00 PM I will be hosting an Open House at 7571 Moffatt Road in BRIGANTINE SQUARE in the Brighouse South neighborhood, Richmond. This is an opportunity to visit this excellent Condo for sale in beautiful Brighouse South.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Brighouse South Condo for sale.

As always please do not hesitate to give me a call at 604.644.1044 if I can answer any questions before the open house, or if you would like to book a private showing.

Alisa Sakamoto
REALTOR® RE/MAX WESTCOAST

Read

Posted on by

1.jpg

On Mar 21st, 2:00 PM to 4:00 PM I will be hosting an Open House at 3133 Riverwalk Ave in NEW WATER in the Champlain Heights neighborhood, Vancouver. This is an opportunity to visit this excellent Apartment for sale in beautiful Champlain Heights.

Please come with any questions you may have. In the meantime you can take a virtual tour of this Champlain Heights Apartment for sale.

As always please do not hesitate to give me a call at 604.644.1044 if I can answer any questions before the open house, or if you would like to book a private showing.

Alisa Sakamoto
REALTOR® RE/MAX WESTCOAST

Read

Posted on by

I just finished uploading this Apartment for sale, 319 3133 Riverwalk Ave, Vancouver, BC

1.jpg

NEW WATER at River District - quality built by Polygon. You will love this spacious & bright 2 bed, 2 bath PLUS in-suite storage unit. Features chef-style kitchen w/ high-end Bosch & Fisher Paykel s/s appl & quartz counters. Open concept living w/ high ceilings, laminate flooring, large windows & a fantastic covered patio w/ partial views of the river - perfect for BBQing all year! Master bdrm has his & her closets and an ensuite w/ double sinks, soaker tub & separate shower. In-floor radiant heating, gas cooking & hot water all INCLUDED in the strata fee! Conveniently located within steps of the Fraser River, trails, parks, public transit & 15 mins away from Metrotown! Amenities include exercise & party room. Rentals allowed.

Read

Posted on by

I just finished uploading this Condo for sale, 117 7571 Moffatt Road, Richmond, BC

An ABSOLUTE steal! BRIGANTINE SQUARE - terrific 1 bdrm suite perfect for first time home buyers. Kitchen & bathroom have been updated. Spacious living room w/ cozy wood burning fireplace - great for entertaining friends! Quiet & cool north exposed balcony. Features in-suite laundry, closet organizers & large mirrored wall in Dining room. Comes w/ 1 parking & 1 large storage locker just steps away from the unit. Roof is 4 yrs old. Well maintained building. Conveniently located within walking distance to schools, Richmond Center mall, parks, library & Aquatic Centre. Bus stop right outside the complex! Pet friendly! Rentals allowed with restrictions. Super location, low strata fees. This unit won't last at this price, act quickly!

Read

Posted on by

OPEN HOUSE: Saturday, March 14th from 2:00pm -4:00pm 

105 6651 Lynas Lane, Richmond, Riverdale

 This is the perfect opportunity to check out this fabulous 1 bedroom + den condo for sale in Riverdale!

6.jpg

Move-in-ready, fully updated 1 bed & den. Kitchen features granite counters, new cabinets, glass tile backsplash, S/S appl & ceramic floor tiles. Living room has laminate flooring & baseboards. Enjoy your sunny patio - perfect for BBQs! Beautiful mouldings surround each doorway. Bedroom boasts a walk-in closet w/ great closet organizers! New plumbing in the bathroom, soaker tub, stylish cabinet and new floor & wall tiles. Next to Thompson Community, sports facilities & Burnett School. Minutes from the Dyke & Quilchena golf course. Maint fee includes utilities. Well maintained building with newer roof, carpets, exterior paint, boiler & updated laundry facilities. Perfect for first time buyers or investors! Rentals & pets allowed.

Please come with any questions you may have. As always please do not hesitate to give me a call at 604.644.1044 if I can answer any questions before the open house, or if you would like to book a private showing.  In the meantime you can take a virtual tour of this Riverdale condo for sale.

Alisa Sakamoto
RE/MAX Westcoast

Read

Posted on by

I just finished uploading this House for sale, 11195 3RD Ave, Richmond

under construction.JPG

Amazing Steveston opportunity: Rarely available large 4,456 SF corner lot in the heart of the village with a sunny south-exposed yard with a quality built, brand new, 2,439 SF home featuring four bedrooms and a den for all your growing family needs. Thoughtful details include a spacious, storage-filled laundry and mud room, generous den/office on the main floor, large pantry, gorgeous kitchen island with wine fridge and partially covered patio. You don't want to miss this opportunity - the last Steveston Build by Pacific Coastal Homes sold in one week.

Read

Posted on by


Home buyer and seller activity outpaces historical averages in February


VANCOUVER, B.C. – March 3, 2015 - Conditions within the Metro Vancouver* housing market continued to strengthen in February as home sale and listing totals came in well above the region’s ten-year average for the month. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,061 on the Multiple Listing Service® (MLS®) in February 2015. This represents a 21 per cent increase compared to the 2,530 sales recorded in February 2014, and a 60 per cent increase compared to the 1,913 sales in January 2015.

Last month’s sales were 20.2 per cent above the 10-year sales average for the month.

“It’s an active and competitive marketplace today. Buyers are motivated and homes that are priced competitively are selling at a brisk pace right now,” Ray Harris, REBGV president, said.

New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,425 in February. This represents a 15.4 per cent increase compared to the 4,700 new listings reported in February 2014.

Last month’s new listing count was 11.8 per cent higher than the region’s 10-year new listing average for the month.

The total number of properties currently listed for sale on the REBGV MLS® is 11,898, an 11.3 per cent decline compared to February 2014 and a 10.1 per cent increase compared to January 2015.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $649,700. This represents a 6.4 per cent increase compared to February 2014.

The sales-to-active-listings ratio in February was 25.7 per cent. This is the highest that this ratio has been in Metro Vancouver since March 2011.

“We’re seeing more multiple offer situations and generally more traffic at open houses today,” Harris said. “In a market such as this, it’s important to do your homework and work with your local REALTOR® before embarking on your home buying and selling journey.”

Sales of detached properties in February 2015 reached 1,296, an increase of 25.6 per cent from the 1,032 detached sales recorded in February 2014, and an 84.1 per cent increase from the 704 units sold in February 2013. The benchmark price for a detached property in Metro Vancouver increased 9.7 per cent from February 2014 to $1,026,300.

Sales of apartment properties reached 1,244 in February 2015, an increase of 20.5 per cent compared to the 1,032 sales in February 2014, and an increase of 63.7 per cent compared to the 760 sales in February 2013. The benchmark price of an apartment property increased 3 per cent from February 2014 to $386,500.

Attached property sales in February 2015 totalled 521, an increase of 11.8 per cent compared to the 466 sales in February 2014, and a 56.5 per cent increase from the 333 attached properties sold in February 2013. The benchmark price of an attached unit increased 4.6 per cent between February 2014 and 2015 to $481,500.
Read
Newer posts : page 62 Older posts : page 64
Categories:   Beach Grove, Tsawwassen Real Estate | Boundary Beach, Tsawwassen Real Estate | Boyd Park, Richmond Real Estate | Brentwood Park, Burnaby North Real Estate | Bridgeport RI, Richmond Real Estate | Brighouse South, Richmond Real Estate | Brighouse, Richmond Real Estate | Broadmoor, Richmond Real Estate | Cambie, Vancouver West Real Estate | Central Pt Coquitlam, Port Coquitlam Real Estate | Coal Harbour, Vancouver West Real Estate | Delta Manor, Ladner Real Estate | Downtown NW, New Westminster Real Estate | Downtown VW, Vancouver West Real Estate | East Cambie, Richmond Real Estate | East Delta, Ladner Real Estate | East Richmond, Richmond Real Estate | Fairview VW, Vancouver West Real Estate | Fleetwood Tynehead, Surrey Real Estate | Glenwood PQ, Port Coquitlam Real Estate | Grandview Surrey, South Surrey White Rock Real Estate | Grandview Woodland, Vancouver East Real Estate | Granville, Richmond Real Estate | Hamilton RI, Richmond Real Estate | Hastings Sunrise, Vancouver East Real Estate | Hawthorne, Ladner Real Estate | Highgate, Burnaby South Real Estate | Holly, Ladner Real Estate | Ironwood, Richmond Real Estate | Kitsilano, Vancouver West Real Estate | Lackner, Richmond Real Estate | Ladner Elementary, Ladner Real Estate | Langley City, Langley Real Estate | Lynn Valley, North Vancouver Real Estate | Marpole, Vancouver West Real Estate | McLennan North, Richmond Real Estate | McNair, Richmond Real Estate | Metrotown, Burnaby South Real Estate | Montecito, Burnaby North Real Estate | Mount Pleasant VE, Vancouver East Real Estate | Mount Pleasant VW, Vancouver West Real Estate | Neilsen Grove, Ladner Real Estate | Norgate, North Vancouver Real Estate | North Vancouver Real Estate | Pebble Hill, Tsawwassen Real Estate | Quilchena RI, Richmond Real Estate | Renfrew VE, Vancouver East Real Estate | Riverdale RI, Richmond Real Estate | Riverwood, Port Coquitlam Real Estate | Roche Point, North Vancouver Real Estate | Saunders, Richmond Real Estate | South Arm, Richmond Real Estate | South Marine, Vancouver East Real Estate | Southwest Maple Ridge, Maple Ridge Real Estate | Steveston North, Richmond Real Estate | Steveston South, Richmond Real Estate | Steveston Village, Richmond Real Estate | Terra Nova, Richmond Real Estate | University VW, Vancouver West Real Estate | Vancouver Heights, Burnaby North Real Estate | West Cambie, Richmond Real Estate | West End VW, Vancouver West Real Estate | Westwind, Richmond Real Estate | Woodwards, Richmond Real Estate
Powered by myRealPage.com
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.