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Recently Sold Listing 1676 Arbutus Street, Vancouver, BC


R2204665 - 1676 Arbutus Street, Vancouver, BC, CANADAI have just recently sold this listing at 1676 Arbutus Street, Vancouver.

New Listing 163 Aquarius Mews, Vancouver, BC


R2208418 - 163 Aquarius Mews, Vancouver, BC, CANADAView my new listing for sale at 163 Aquarius Mews, Vancouver and currently listed at $1,850,000.

Stunning two bedroom and den, 2.5 bathroom townhouse in the coveted Marinaside Resort Residences with 10.5-foot ceilings, 224 square foot patio, and PRIVATE garage with direct access to the home. Exceptional building amenities include a 24-hour concierge, indoor pool, sauna/steam room, fitness centre, billiards room, and library. Just steps to the Seawall, Urban Fare, Provence & La Terraza, Bella Gelateria, Canada Line Skytrain, and all the shopping/dining options in Yaletown. Homes like this rarely come to market and will certainly not last.

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Recently Sold Listing 303 3488 VANNESS AVENUE, Vancouver, BC


R2202119 - 303 3488 VANNESS AVENUE, Vancouver, BC, CANADAI have just recently sold this listing at 303 3488 VANNESS AVENUE, Vancouver.

New Listing 102 - 151 Athletes Way, Vancouver, BC


R2207557 - 102 - 151 Athletes Way, Vancouver, BC, CANADAView my new listing for sale at 102 - 151 Athletes Way, Vancouver and currently listed at $3,999,000.

WATERFRONT 3 bedroom, 3 bathroom, townhouse in the Arthur Erickson designed Canada House. With direct access to the Seawall, you will love this vibrant location where everything you need is within walking distance. This home is perfect for the downsizer looking for the space of a single family home and is finished with Miele & Sub-Zero appliances, engineered hardwood floors, overheight ceilings and a generous ensuite master bathroom. Building amenities include a 24/7 concierge, yoga room, fitness centre, theatre, lounge, library & access to the Gold Medal Club featuring an indoor pool, sauna/steam room & Jacuzzi. Includes large storage locker & PRIVATE, GATED 2-CAR GARAGE. Open house Sat (23rd) & Sun (24th) from 2-4pm.

See the Pixilink 360° Virtual Tour for this listing

Recently Sold Listing 703 5619 CEDARBRIDGE WAY, Richmond, BC


R2202307 - 703 5619 CEDARBRIDGE WAY, Richmond, BC, CANADAI have just recently sold this listing at 703 5619 CEDARBRIDGE WAY, Richmond.

Recently Sold Listing 1703 1082 SEYMOUR STREET, Vancouver, BC


R2202780 - 1703 1082 SEYMOUR STREET, Vancouver, BC, CANADAI have just recently sold this listing at 1703 1082 SEYMOUR STREET, Vancouver.

New Listing 405 - 6875 Dunblane Avenue, Burnaby, BC


R2205359 - 405 - 6875 Dunblane Avenue, Burnaby, BC, CANADAView my new listing for sale at 405 - 6875 Dunblane Avenue, Burnaby and currently listed at $559,800.

Welcome to SUBORA - centrally located in Metrotown! Top floor, corner unit, and only blocks to Metrotown and Royal Oak Skytrain! Make your new home in this 2 bedroom, 2 bathroom condo minutes to everything. The open concept kitchen, dining and living room is modern and functional, with in-suite laundry and lots of front hall storage. The master bedroom has VAULTED ceilings, a 4 piece ensuite and large walk-in-closet! The balcony is accessible both by master bedroom and living room and faces west for afternoon light. The second bedroom is good size and second bathroom is great for guests. The building has exercise room, party room and is wheelchair accessible. Parking and storage included. Call today! Open House: Saturday Sept 23rd: 2-4PM

Recently Sold Listing 209 - 1928 Nelson Street, Vancouver, BC


R2202057 - 209 - 1928 Nelson Street, Vancouver, BC, CANADAI have just recently sold this listing at 209 - 1928 Nelson Street, Vancouver.

New Listing 1676 Arbutus Street, Vancouver, BC


R2204665 - 1676 Arbutus Street, Vancouver, BC, CANADAView my new listing for sale SOLD at 1676 Arbutus Street, Vancouver and currently listed at $998,800.SOLD

TOWNHOUSE steps from Kitsilano Beach! Attention investors, renovators & first time buyers, this 3 level, 2 bed, 2 full bath townhouse is ready for your personal touch! Tons of light fill this home with any windows and a private 175 sqft roof top patio! The main floor features the kitchen/dining room which can easily be opened & updated to your dream chef's kitchen. The amazing top floor living room features vaulted ceilings, a wood burning fireplace and large skylights. The master bedroom features a private patio, walk through closet and large bathroom with crawl space for extra storage. The second bedroom is a good size, adjacent to second bathroom, and fully accessible for guests when entertaining. Rentals Allowed.

Real Estate Board Statistics September 2017


Condominium sales drive August activity

 

Competition for condominiums and townhomes pushed Metro Vancouver* home sales above typical levels in August.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,043 in August 2017, a 22.3 per cent increase from the 2,489 sales recorded in August 2016, and a 2.8 per cent increase compared to July 2017 when 2,960 homes sold.

Last month’s sales were 19.6 per cent above the 10-year August sales average.

“First-time home buyers have led a surge this summer in demand in our condominium and townhome markets,” Jill Oudil, REBGV president said. “Homes priced between $350,000 and $750,000 have been subject to intense competition and multiple offers across the region.”

There were 4,245 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2017. This represents a 1.1 per cent decrease compared to the 4,293 homes listed in August 2016 and a 19.2 per cent decrease compared to July 2017 when 5,256 homes were listed.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 8,807, a 3.5 per cent increase compared to August 2016 (8,506) and a 4.2 per cent decrease compared to July 2017 (9,194).

For all property types, the sales-to-active listings ratio for August 2017 is 34.6 per cent. By property type, the ratio is 16.3 per cent for detached homes, 44.8 per cent for townhomes, and 76.3 per cent for condominiums.

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.

“Conditions in our detached home market are distinct today from the dynamic in our condominium and townhome markets,” Oudil said. “Detached homes have entered a balanced market. This means there’s less upward pressure on prices and that buyers have more selection to choose from and more time to make their decisions.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,029,700. This represents a 9.4 per cent increase over August 2016 and a one per cent increase compared to July 2017.

Sales of detached properties in August 2017 reached 901, a 26 per cent increase from the 715 detached sales recorded in August 2016. The benchmark price for detached properties is $1,615,100. This represents a 2.2 per cent increase from August 2016 and a 0.2 per cent increase compared to July 2017.

Sales of apartment properties reached 1,613 in August 2017, a 20.1 per cent increase compared to the 1,343 sales in August 2016. The benchmark price of an apartment property is $626,800. This represents a 19.4 per cent increase from August 2016 and a 1.7 per cent increase compared to July 2017.

Attached property sales in August 2017 totalled 529, a 22.7 per cent increase compared to the 431 sales in August 2016. The benchmark price of an attached unit is $778,300. This represents a 12.8 per cent increase from August 2016 and a 1.9 per cent increase compared to July 2017.

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