I have sold a 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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The Latest 2021 Market stats are out and available for download. You get the following graphs and charts for any market.

  • 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.


VIEW FULL METRO VANCOUVER REPORT HERE


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Home buyer competition intensifies across Metro Vancouver’s housing market.

Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s* housing market.  The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,727 in February 2021, a 73.3 per cent increase from the 2,150 sales recorded in February 2020, and a 56 per cent increase from the 2,389 homes sold in January 2021.  Last month’s sales were 42.8 per cent above the 10-year February sales average. 


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I have sold a 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 849 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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Home buyer competition intensifies across Metro Vancouver’s housing market.


Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver’s* housing market. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,727 in February 2021, a 73.3 per cent increase from the 2,150 sales recorded in February 2020, and a 56 per cent increase from the 2,389 homes sold in January 2021. 

Last month’s sales were 42.8 per cent above the 10-year February sales average. 

Metro Vancouver’s housing market is experiencing seller’s market conditions. The supply of listings for sale isn’t keeping up with the demand we’re seeing. Competition amongst home buyers is causing multiple offer situations and upward pressure on prices. This is particularly true in the townhome market where demand is outstripping the available supply. Conditions differ depending on location and property type.

There were 5,048 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in February 2021. This represents a 26.1 per cent increase compared to the 4,002 homes listed in February 2020 and a 12.7 per cent increase compared to January 2021 when 4,480 homes were listed. 

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 8,358, a 9.1 per cent decrease compared to February 2020 (9,195) and a 0.6 per cent increase compared to January 2021 (8,306). This is 21.2 per cent below the February 10-year average for new listings. 

For all property types, the sales-to-active listings ratio for February 2021 is 44.6 per cent. By property type, the ratio is 41.8 per cent for detached homes, 61.8 per cent for townhomes, and 41.7 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 remain a key driver in today’s market. We’re seeing steady numbers of first-time home buyers and move-up buyers entering the market.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,084,000. This represents a 6.8 per cent increase over February 2020 and a 2.6 per cent increase compared to January 2021. 

Less populated communities within the region continue to experience the largest year-over-year price increases across all property types. Examples, according to the MLS HPI®. include Bowen Island (34.4 per cent increase), the Sunshine Coast (32.7 per cent increase), West Vancouver (16.1 per cent increase) Maple Ridge (14.8 per cent increase) and Ladner (13.7 per cent increase). 

Sales of detached homes in Metro Vancouver reached 1,231 in February 2021, a 79.7 per cent increase from the 685 detached sales recorded in February 2020. The benchmark price for a detached home is $1,621,200. This represents a 13.7 per cent increase from February 2020 and a 2.8 per cent increase compared to January 2021. 

Sales of apartment homes reached 1,759 in February 2021, a 65.8 per cent increase compared to the 1,061 sales in February 2020. The benchmark price of an apartment is $697,500. This represents a 2.5 per cent increase from February 2020 and a 2.5 per cent increase compared to January 2021. 

Attached home sales in February 2021 totalled 737, an 82.4 per cent increase compared to the 404 sales in February 2020. The benchmark price of an attached home is $839,800. This represents a 7.2 per cent increase from February 2020 and a 2.9 per cent increase compared to January 2021. 




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I have sold a 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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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.