I have listed a new property at 105 1933 5TH AVE W in Vancouver.
Great opportunity for 1st time buyers or investors. This Kitsilano, pet and rental friendly building is well maintained & conveniently located. You're just a short stroll to 4th avenue shops, pubs, dining and 5th Ave Cinemas. This junior 1 bedroom/studio home has been tastefully renovated in 2020 with new paint, laminate floors and features a separate bedroom with a window, closet and barn doors. The bathroom has also been updated with new bath fitter tub, vanity with new sink/countertop and cabinet. There is a large East facing patio with partial views of the N. Shore mountains. The patio is fully fenced in, it's perched above the ground and can easily accommodate full sized patio furniture. There is a common bike room in the building and this home comes with storage & parking.
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I have listed a new property at 103 1425 CYPRESS ST in Vancouver.
Opportunity knocks in Kits Point! RARELY does a UNIQUE home like this come to market. 712 sq.ft. of open living space + an 885 sq.ft. PRIVATE FENCED YARD w/ its own PRIVATE ENTRANCE, artificial turf, shed and garden area. This sunny, SW CORNER home has been tastefully updated throughout & features a wood burning fireplace and insuite laundry. Updates include a newer kitchen, hardwood floors, stainless appliances, lighting and a fully updated modern bathroom. The building has been updated with new windows, sliding doors, balconies & new fencing is coming this spring. Highly sought after location only 2 blocks to Kitsilano Beach, walking distance to all amenities & entertainment. Walk, cycle or run along the seawall & take in all that this fabulous location has to offer. You'll love this!
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I have listed a new property at 105 1933 5TH AVE W in Vancouver.
Great opportunity for 1st time buyers or investors. This Kitsilano, pet and rental friendly building is well maintained & conveniently located. You're just a short stroll to 4th avenue shops, pubs, dining and 5th Ave Cinemas. This junior 1 bedroom/studio home has been tastefully renovated in 2020 with new paint, laminate floors and features a separate bedroom with a window, closet and barn doors. The bathroom has also been updated with new bath fitter tub, vanity with new sink/countertop and cabinet. There is a large East facing patio with partial views of the N. Shore mountains. The patio is fully fenced in, it's perched above the ground and can easily accommodate full sized patio furniture. There is a common bike room in the building and this home comes with storage & parking.
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I have listed a new property at 9 215 4TH ST E in North Vancouver.
Orchard Terrace, a Boutique development of 9 contemporary townhomes in Lower Lonsdale featuring beautiful & timeless curb appeal. This NE CORNER townhome is located at the front of the complex & includes 2 secured parking stalls + a large, private, storage room. Features of this 11 year old home include gas fireplace, granite countertops, maple cabinets, SS appliances, & engineered h/w floors. There is a spacious recreation room that doubles as a guest bedroom/office w/ a built in Murphy bed. There are 2 patios on the main level; 1 off of the kitchen and a large south facing patio that is perfect for outdoor entertaining. Very central and walkable location. Only a 10 minute walk to Lonsdale Quay & the vibrant, Shipyards district. K-7 = Ridgeway Elementary, 8-12= Sutherland Secondary.
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I have listed a new property at 1553 KENT NORTH AVE E in Vancouver.
This CORNER unit strata warehouse built in 2004, is located just 1/2 block south of Marine Drive and adjacent to the Knight Street Bridge. The warehouse is 989 square feet with a 25'bay width and 39' depth and features a 20' ceiling height. Potential to add additional square footage with a mezzanine level of up to 495 sq.ft. (Buyer to confirm with COV and to perform their due diligence) for a total of 1484 square feet. There is one wheelchair accessible 2 piece washroom. The warehouse features 3 phase, 208 volt, 100 amp electrical service, 2 parking stalls and at grade loading. Plenty of light with windows along the top east wall of the warehouse. Great location with easy access to Richmond, Bby, and the Airport. Excellent opportunity for owner operators or investors. Do not disturb the tenants. All appointment M-F during business hours.
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The January 2021 Market stats are out and available for download. You get the following graphs and charts for Vancouver area.

  • Activity Snapshot by Property Type
  • 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 BURNABY NORTH STATS

DOWNLOAD BURNABY SOUTH STATS

DOWNLOAD COQUITLAM STATS

DOWNLOAD LADNER STATS

DOWNLOAD NEW WESTMINSTER STATS

DOWNLOAD NORTH VANCOUVER STATS

DOWNLOAD RICHMOND STATS

DOWNLOAD WEST VANCOUVER STATS

DOWNLOAD TSAWWASSEN STATS

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In the first month of 2021, Metro Vancouver’s housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,389 in January 2021, a 52.1 per cent increase from the 1,571 sales recorded in January 2020, and a 22.8 per cent decrease from the 3,093 homes sold in December 2020.

Last month’s sales were 36.4 per cent above the 10-year January sales average.

“With home sale activity well above our January average, the supply of homes for sale isn’t able to keep pace,” Colette Gerber, REBGV Chair said. “This is causing increased competition amongst home buyers and upward pressure on prices.”

There were 4,480 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2021. This represents a 15.7 per cent increase compared to the 3,872 homes listed in January 2020 and an 86 per cent increase compared to December 2020 when 2,409 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 8,306, a 3.6 per cent decrease compared to January 2020 (8,617) and a 2.7 per cent decrease compared to December 2020 (8,538).

For all property types, the sales-to-active listings ratio for January 2021 is 28.8 per cent. By property type, the ratio is 26.3 per cent for detached homes, 37.6 per cent for townhomes, and 27.8 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.

“Shifting housing needs during the pandemic and historically low interest rates have been key drivers of demand in our market over the last six months,” Gerber said. “People who managed to enter the market a few years ago, and have seen their home values increase, are now looking to move up in the market to accommodate their changing needs.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,056,600. This represents a 5.5 per cent increase compared to January 2020 and a 0.9 per cent increase compared to December 2020.

Sales of detached homes in January 2021 reached 740, a 68.6 per cent increase from the 439 detached sales recorded in January 2020. The benchmark price of a detached homes is $1,576,800. This represents a 10.8 per cent increase from January 2020 and a 1.4 per cent increase compared to December 2020.

Sales of apartment homes reached 1,195 in January 2021, a 46.8 per cent increase compared to the 814 sales in January 2020. The benchmark price of an apartment home is $680,800. This represents a 2.2 per cent increase from January 2020 and a 0.6 per cent increase compared to December 2020.

Attached home sales in January 2021 totalled 454, a 42.8 per cent increase compared to the 318 sales in January 2020. The benchmark price of an attached home is $815,800. This represents a 4.3 per cent increase from January 2020 and a 0.2 per cent increase compared to December 2020.

REBGV Stats Graph January 2021

GET THIS FULL REPORT

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In the first month of 2021, Metro Vancouver’s housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,389 in January 2021, a 52.1 per cent increase from the 1,571 sales recorded in January 2020, and a 22.8 per cent decrease from the 3,093 homes sold in December 2020.

Last month’s sales were 36.4 per cent above the 10-year January sales average.

“With home sale activity well above our January average, the supply of homes for sale isn’t able to keep pace,” Colette Gerber, REBGV Chair said. “This is causing increased competition amongst home buyers and upward pressure on prices.”

There were 4,480 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in January 2021. This represents a 15.7 per cent increase compared to the 3,872 homes listed in January 2020 and an 86 per cent increase compared to December 2020 when 2,409 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 8,306, a 3.6 per cent decrease compared to January 2020 (8,617) and a 2.7 per cent decrease compared to December 2020 (8,538).

For all property types, the sales-to-active listings ratio for January 2021 is 28.8 per cent. By property type, the ratio is 26.3 per cent for detached homes, 37.6 per cent for townhomes, and 27.8 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.

“Shifting housing needs during the pandemic and historically low interest rates have been key drivers of demand in our market over the last six months,” Gerber said. “People who managed to enter the market a few years ago, and have seen their home values increase, are now looking to move up in the market to accommodate their changing needs.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,056,600. This represents a 5.5 per cent increase compared to January 2020 and a 0.9 per cent increase compared to December 2020.

Sales of detached homes in January 2021 reached 740, a 68.6 per cent increase from the 439 detached sales recorded in January 2020. The benchmark price of a detached homes is $1,576,800. This represents a 10.8 per cent increase from January 2020 and a 1.4 per cent increase compared to December 2020.

Sales of apartment homes reached 1,195 in January 2021, a 46.8 per cent increase compared to the 814 sales in January 2020. The benchmark price of an apartment home is $680,800. This represents a 2.2 per cent increase from January 2020 and a 0.6 per cent increase compared to December 2020.

Attached home sales in January 2021 totalled 454, a 42.8 per cent increase compared to the 318 sales in January 2020. The benchmark price of an attached home is $815,800. This represents a 4.3 per cent increase from January 2020 and a 0.2 per cent increase compared to December 2020.

REBGV Stats Graph January 2021

GET THIS FULL REPORT

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I have sold a property at 808 3438 SAWMILL CRES in Vancouver.
Functional West facing 1 bedroom + flex, 1 bath home at MODE in River District Vancouver. Invite your friends over for luxurious amenities in your building, including a screening room, indoor/outdoor entertaining lounge with chef's kitchen, hot tub, gym, yoga studio, work hub, and 2 guest suites. Your home will be equipped with the finest appliances; gas range, wall oven & built-in microwave, fully integrated fridge & dishwasher, and quartz countertop and backsplash with a high efficiency heating and cooling system, and walk-in closet with built-in shelving included. You are only steps away from Town Centre retail shops. Sales Centre open daily 11am-4pm. Move in Late Summer 2022.
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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.