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Blog › September 2010

Recently Sold Listing 4187 PELLY RD, North Vancouver, BC


V851987 - 4187 PELLY RD, North Vancouver, BC, CANADAThis prettly little house took only 6 days to sell!  At just under 2800 sq. ft. with 3 bedrooms plus a den and being a rancher might have had a lot to do with that!  The perfect sized house for many people and located in one of THE nicest areas of North Vancouver.  We hope the new owners enjoy it for many years to come.  If you'd like to view the video click on http://video.pixilink.com/video/4187-pelly-d/



New Listing 4187 Pelly Road, North Vancouver, BC


V851987 - 4187 Pelly Road, North Vancouver, , CANADAView my new listing for sale at 4187 Pelly Road, North Vancouver and currently listed at 1449000.

Finally...a reasonably sized, almost new home in North Vancouver's finest neighbourhood: Sunset Gardens. This custome built home features miles of gorgeous Italian tile, fabulour great room with soaring ceilings & hardwood floors, state-of-the-art kitchen with rich cabinets & granite counters & your choice of 2 sumptuous master quarters. The flat over-sized lot provides maximum privacy in this friendly neighbourhood. It's located just around the corner from prestigious Handsworth School & close to Edgemont Village.

Recently Sold Listing # 105 1523 BOWSER AV, North Vancouver, BC


V836791 - # 105 1523 BOWSER AV, North Vancouver, BC, CANADA

Looking for a garden apartment?  Sorry, this one is sold.  This special 1 bedroom plus den came with a wonderful outdoor oasis. Summer would never seem long enough!

If you would like to view the video click on http://video.pixilink.com/video/105-1523-bowser-j/ 



New Listing # 602 114 W KEITH RD, North Vancouver, BC


V850793 - # 602 114 West Keith Road, North Vancouver, , CANADAView my new listing for sale at # 602 114 West Keith Road, North Vancouver and currently listed at 449900.

This spacious 2 bdrm apt is conveniently located in Ashby House across from the beautiful Victoria Park. Located on the NW corner it has a sizeable wrap-around balcony with lovely views of the harbour and mountains. You'll love the warm laminate floors, recently new appliances and comfy house size living room.

See the Pixilink Video Tour for this listing

MARKET REPORT FOR AUGUST 2010


Buyer’s market conditions continue in Greater Vancouver

VANCOUVER, B.C. – September 2, 2010 – Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,202 in August 2010. This represents a 36 per cent decline from the 3,441 sales in August 2009, the second highest selling August ever recorded, and a 2.4 per cent decline compared to July 2010.

From a wider perspective, last month’s residential sales represent a 40.4 per cent increase over the 1,568 residential sales in August 2008, a 34.9 per cent decline compared to August 2007’s 3,384 sales, and a 26.6 per cent decline compared to August 2006’s 2,998 sales.

New listings for detached, attached and apartment properties declined 17.5 per cent to 3,750 in August 2010 compared to August 2009 when 4,544 new units were listed. Total active listings in Greater Vancouver currently sit at 15,421, a 6.1 per cent decline from last month and a 29 per cent increase from August 2009.

“We’re seeing moderate demand, low interest rates and a healthy but slowing stream of supply in our marketplace, all variables that favour those looking to purchase a home,” Jake Moldowan, REBGV president said. “The last few months have also shown some stability when it comes to price fluctuations in the region, which is a welcome trend after reaching record highs in April.”

Since spring, housing prices have decreased 2.8 per cent compared to the all-time high reached in April when the residential benchmark price was $593,419. Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.9 per cent to $576,597 in August 2010 from $539,600 in August 2009.

“Canada remains an attractive destination for foreign buyers, a fact that continues to affect activity in the Greater Vancouver housing market,” Moldowan said.

Sales of detached properties in August 2010 reached 893, a decrease of 34.7 per cent from the 1,367 detached sales recorded in August 2009 and a 66.9 per cent increase from the 535 units sold in August 2008. The benchmark price for detached properties increased 8.5 per cent from August 2009 to $795,076.

Sales of apartment properties reached 935 in August 2010, a decline of 36.1 per cent compared to the 1,464 sales in August 2009 and an increase of 26.4 per cent compared to the 740 sales in August 2008.The benchmark price of an apartment property increased 4.5 per cent from August 2009 to $385,968.

Attached property sales in August 2010 totalled 374, a decline of 38.7 per cent compared to the 610 sales in August 2009 and a 27.6 per cent increase from the 293 attached properties sold in August 2008. The benchmark price of an attached unit increased 6.6 per cent between August 2009 and 2010 to $489,511.

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New Listing # 605 140 E 14TH ST, North Vancouver, BC


V848993 - 605 - 140 East 14th Street, North Vancouver, , CANADAView my new listing for sale at 605 - 140 East 14th Street, North Vancouver and currently listed at 464900.

This spacious original owner 2 bedroom corner unit is sure to please. Located in the well managed Springhill Place, it has a convenient location within easy walking distance of Lions Gate Hospital, library & all the shops & restaurants of Lonsdale. You'll be amazed at the harbor & mountain views. Enjoy hardwood floors, spacious room sizes, cozy fireplace & front loading washer/dryer.