I have sold a property at 3435 SLOCAN ST in Vancouver.
Meticulously maintained family home on the crest of the hill on quiet tree-lined family friendly street in Renfrew Heights. Lush front yard & a huge west deck off upper lvl means you can relax & enjoy the sunsets over the horizon. Main has 2 bdrms, bathrm, living rm w/ gas fp, dining rm & bright kitchen. Up is a master bdrm & bathrm leading to large deck w/ great city & mtn views. Down has cozy 1 bdrm suite w/ gas fp in living rm on one side ready for you to find your own tenant or use as your private hangout space + storage. Beautiful front & back landscaped yard, carefully tended for years w/ fruit trees, magnolia tree, raised vegetable garden plots etc. Easy access to Nanaimo or Renfrew Skytrain stations, close to Beaconsfield Park, don't miss this opportunity to check this out!
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I have sold a property at 426 738 29TH AVE E in Vancouver.
Stunning PENTHOUSE in Vancouver's highly desirable Century development! This 2011 Ledingham McAllister-built top floor condo feat 880 sqft w a functional, open floorplan, 2 generously sized bedrooms (spread out on each side of the unit), bonus den & two well-appointed full bathrooms incl ensuite. Highlights incl designer kitchen w quartz counters, stainless appliances & tiled backsplash, huge balcony w ultra quiet courtyard view & sunny SW exposure, 1 parking space, storage locker & insuite laundry. This convenient location is just steps to shopping, restaurants & services (No Frills Grocery, Shoppers Drug Mart, Starbucks, etc), schools, parks, community centre, plus easy direct transit to downtown & countless amenities. One of the best in the complex! Open house May 14 & 15 2-4pm.
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I have sold a property at 853 20TH AVE E in Vancouver.
FRASER STREET. This is a delightful family home. It has two bedroom on the main floor, living, dining and family Room with fireplace. There is a bright kitchen with breakfast bar and a nice one bedroom suite. A Big Deck, perfect for BBQ's and a covered front porch to sit out and watch the neighborhood. Updated including roof, hot water tank and furnace and in move-in condition. Walk to Glen Park, Dickens Annex and pop into Earnest Ice Cream for a Summer Treat. Conveniently located to shopping and restaurants with Easy access to Main Street and Downtown. School catchments: Dickens, Dickens Annex and Tupper. YOU'LL LOVE IT!
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VANCOUVER, BC – May 3, 2016 –Last month was the highest selling April on record for Metro Vancouver.*

Residential property sales in the region totalled 4,781 in April 2016, an increase of 14.4 percent from the 4,179 sales recorded in April 2015 and a decrease of 7.6 percent compared to March 2016 when 5,173 homes sold.

April sales were 41.7 percent above the 10-year sales average for the month.

“Home buyer competition remains intense across the region,” Dan Morrison, REBGV president said. “Whether you’re a home buyer or seller, it’s important to work with your local REALTOR® to get the information you need and to develop a strategy that will help you navigate today’s market.”

New listings for detached, attached and apartment properties in Metro Vancouver totalled 6,127 in April 2016. This represents an increase of 3.9 percent compared to the 5,897 units listed in April 2015 and a 2.4 percent decline compared to March 2016 when 6,278 properties were listed.

"While we’re seeing more homes listed for sale in recent months, supply is still chasing this unprecedented surge of demand in our marketplace," Morrison said.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 7,550, a 39.3 percent decline compared to April 2015 (12,436) and a 2.6 percent increase compared to March 2016 (7,358).

The sales-to-active listings ratio for April 2016 is 63.3 percent. This is indicative of a seller’s market.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 percent mark, while home prices often experience upward pressure when it reaches the 20 to 22 percent range in a particular community for a sustained period of time.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $844,800. This represents a 25.3 percent increase compared to April 2015.

Sales of detached properties in April 2016 reached 1,979, an increase of 9 percent from the 1,815 detached sales recorded in April 2015. The benchmark price for detached properties increased 30.1 percent from April 2015 to $1,403,200.

Sales of apartment properties reached 2,107 in April 2016, an increase of 33.4 percent compared to the 1,579 sales in April 2015.The benchmark price of an apartment property increased 20.6 percent from April 2015 to $475,000.

Attached property sales in April 2016 totalled 695, a decrease of 11.5 percent compared to the 785 sales in April 2015. The benchmark price of an attached unit increased 22.1 percent from April 2015 to $608,600.

 

 

Download The Full Market Report Here

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