I have listed a new property at 37 19649 53 AVE in Langley.
EXCEPTIONALLY well-maintained, community-minded Huntsfield Green gated complex in the heart of Langley. This 2 bdrm, 2 bath over 1500 SF RANCHER style END UNIT home offers large, bright principal rooms, vaulted ceilings, extra-large master bedroom & double garage. Featuring newer engineered hardwood flooring through family room & kitchen, murphy bed in 2nd bdrm & tons of storage thru-out. Located in a lovely sunny spot in the complex with a large grassy/garden area off backyard. Master bedroom suite with 5 piece en-suite plus another full 3 piece bathroom. Complex roofs replaced 9 years ago, vinyl fencing installed & recent repaving thru-out plus great amenities: clubhouse, exercise centre, outdoor pool & hot tub. One owner must be 55+ & 2nd owner 19+. Bring your small dog! Close walk to Brydon Park & the Nicomekl trail system, Brydon Lagoon and bird sanctuary. Please review all on-line materials before booking safe in-person showing.
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The August 2020 Market stats are out and available for download. You get the following graphs and charts for both Vancouver East and Vancouver West.

  • Activity Snapshot by PropertyType
  • Detached Properties Report and Graph
  • Condo Report and Graph
  • Townhomes Report and Graph
  • Benchmark Price Graph
  • Average Price Per Square Foot

If you are interested in a report like this is for other areas, please contact me to request it and I'll send it to you. 

DOWNLOAD VANCOUVER STATS

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I have sold a property at 4098 KINCAID ST in Burnaby.
Build your dream home in this fabulous, convenient location. Prime BUILDING LOT in central Burnaby Hospital location. This home is situated on a flat, level, 50x122' CORNER LOT on a QUIET CUL DE SAC with lane access next to green space. This home is located on the QUIET PART of Kincaid, not the main street. House is liveable and has had some updates over the years including a high efficiency furnace, metal roof, granite in kitchen and appliances. Nearby parks include Discovery Place Conservation Area, Avondale Park and Westburn Park. Great transit options nearby and Burnaby Hospital is just minutes away. Just a 5 minute drive to Metrotown. Nearby schools include K-7 Cascade Heights Elementary; 8-12 Moscrop Secondary. Good transit score = 58 and Walkscore of 53.
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Home buyers and sellers remained active across Metro Vancouver in August, with home sale and new listing activity outpacing the region’s historical averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,047 in August 2020, a 36.6 per cent increase from the 2,231 sales recorded in August 2019, and a 2.6 per cent decrease from the 3,128 homes sold in July 2020.

Last month’s sales were 19.9 per cent above the 10-year August sales average.

“People who put their home buying and selling plans on hold in the spring have been returning to the market throughout the summer,” Colette Gerber, REBGV Chair said. “Like everything else in our lives these days, the uncertainty COVID-19 presents makes it challenging to predict what will happen this fall.”

There were 5,813 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2020. This represents a 55.1 per cent increase compared to the 3,747 homes listed in August 2019 and a 2.3 per cent decrease compared to July 2020 when 5,948 homes were listed.

This was 34.8 per cent above the 10-year August new listings average.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 12,803, a 4.4 per cent decrease compared to August 2019 (13,396) and a six per cent increase compared to July 2020 (12,083).

For all property types, the sales-to-active listings ratio for August 2020 is 23.8 per cent. By property type, the ratio is 23.7 per cent for detached homes, 30.5 per cent for townhomes, and 21.6 per cent for apartments.

Generally, analysts say 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.

“Low interest rates and limited overall supply of homes for sale are creating competition in today’s housing market,” Gerber said. “Your local REALTOR® can help you navigate today’s market and ensure that the latest public health requirements are followed at every step of the process. Above all, safety has to remain our top priority during this pandemic.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,038,700. This represents a 5.3 per cent increase over August 2019 and a 0.7 per cent increase compared to July 2020.

Sales of detached homes in August 2020 reached 1,095, a 55.1 per cent increase from the 706 detached sales recorded in August 2019. The benchmark price of a detached home is $1,491,300. This represents a 6.6 per cent increase from August 2019 and a one per cent increase compared to July 2020.

Sales of apartment homes reached 1,332 in August 2020, a 19.4 per cent increase compared to the 1,116 sales in August 2019. The benchmark price of an apartment property is $685,800. This represents a 4.5 per cent increase from August 2019 and a 0.5 per cent increase compared to July 2020.

Attached home sales in August 2020 totalled 620, a 51.6 per cent increase compared to the 409 sales in August 2019. The benchmark price of an attached home is $806,400. This represents a 4.4 per cent increase from August 2019 and a 1.1 per cent increase compared to July 2020.



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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.