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Blog › January 2012

Recently Sold Listing 4340 HIGHLAND BV, North Vancouver, BC


V927395 - 4340 HIGHLAND BV, North Vancouver, BC, CANADAI have just recently sold this House at 4340 HIGHLAND BV, North Vancouver.

New Listing 4340 HIGHLAND BV, North Vancouver, BC


V927395 - 4340 HIGHLAND BV, North Vancouver, BC, CANADAView my new House for sale SOLD at 4340 HIGHLAND BV, North Vancouver and currently listed at $870,000.SOLD

This 3 bedroom rancher is located in a wonderful neighbourhood in Forest Hills. Although the value is mainly in the land the house features spacious room sizes and hardwood floors which are currently protected with carpets. The lot would facilitate a wonderful family home being flat and totally private in the front & back yards. The location is private, within close proximity are Canyon Heights elementary School, Edgemont Village, Grouse Mountain and transportation.

See the Pixilink Video Tour for this House

FOREST HILLS HOME


I just listed an older rancher situated on a large 8050 sf lot in the Forest Hills area of North Vancouver. It's pretty much land value. Although it's not a quiet street it's wellpriced for the Edgemont Village neighbourhood at $870,000
4340 Highland Blvd.


PATIO UNIT IN "BRANCHES"


This week Ilisted a delightful 2 bedroom apartment in "Branches" in Lynn Valley, North Vancouver. This spacious unit lives like a house with your own private gated entry, a sizeable yard which is ideal for dogs and a covered patio.  This was Polygon's (developer) show suite so it has $60,000 of gorgeous upgrades.  It features Pacific West Coast Design, open living spaces, granite counters, rich wood cabinetry, sleep stainless appliances and custom wood panelling.

121 - 1111 East 27th Street

$688,800



New Listing # 121 1111 E 27TH ST, North Vancouver, BC


V927362 - 121 - 1111 East 27th Street, North Vancouver, BC, CANADAView my new listing for sale at 121 - 1111 East 27th Street, North Vancouver and currently listed at 628800.

This spacious 2 bedroom suite is totally unique. It really feels like house-living. Imagine having your own private gate leading to the front door and a sizable fully fenced yard, ideal for your beloved dog. Originally Polygon's show suite the many upgrades include custom rich wood panelling & ledges throughout, custom wall sconces & gorgeous decor & drapery. Branches is an award winning development which feature open living spaces & sophisticated interior design details including smooth granite counters, beautiful wood cabinetry & slick SS appliances. Homeowners enjoy a fitness studio, meeting room & guest suite. It offers easy access to shopping, schools, transit & parks.

MARKET REPORT FOR DECEMBER 2011


Balanced real estate market prevailed through much of 2011

The 2011 Greater Vancouver housing market began with heightened demand in regional hot spots and concluded with greater balance between seller supply and buyer demand.

 The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties in 2011 reached 32,390, a 5.9 per cent increase from the 30,595 sales recorded in 2010, and a 9.2 per cent decrease from the 35,669 residential sales in 2009. Last year’s home sale total was 6.3 per cent below the ten-year average for annual Multiple Listing Service® (MLS®) sales in the region.

 The number of residential properties listed for sale on the MLS® in Greater Vancouver increased 2.7 per cent in 2011 to 59,549 compared to the 58,009 properties listed in 2010. Looking back further, last year’s total represents a 12.8 per cent increase compared to the 52,869 residential properties listed in 2009. Last year’s listing total was 11.1 per cent above the ten-year average for annual Multiple Listing Service® (MLS®) property listings in the region.

 “It was a relatively balanced year for the real estate market in Greater Vancouver with listing totals slightly above historical norms and sale numbers slightly below,” Rosario Setticasi, REBGV president said.

 Residential property sales in Greater Vancouver totalled 1,658 in December 2011, a decrease of 12.7 per cent from the 1,899 sales recorded in December 2010 and a 29.7 per cent decline compared to November 2011 when 2,360 home sales occurred.

 More broadly, last month’s residential sales represent a 34.1 per cent decrease over the 2,515 residential sales in December 2009, a 79.4 per cent increase compared to December 2008’s 924 sales, and a 12.6 per cent decrease compared to the 1,897 sales in December 2007.

 The overall residential benchmark price, as calculated by the MLSLink Housing Price Index®, for Greater Vancouver increased 7.6 per cent to $621,674 between Decembers 2010 and 2011. However, prices have decreased 1.5 per cent since hitting a peak of $630,921 in June 2011.

 “Our market remained in a balanced state for most of the year, although higher levels of demand for detached properties in the region’s largest communities caused prices in certain areas to rise higher than others,” Setticasi said. “For example, the benchmark price of a single-family detached home experienced double-digit increases in nine areas within the region over the last 12 months.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 1,629 in December 2011. This represents a 4.1 per cent decline compared to the 1,699 units listed in December 2010 and a 49.4 per cent decline compared to November 2011 when 3,222 properties were listed.

Sales of detached properties in December 2011 reached 630, a decrease of 18.1 per cent from the 769 detached sales recorded in December 2010, and a 30.2 per cent decrease from the 902 units sold in December 2009. The benchmark price for detached properties increased 11.2 per cent from December 2010 to $887,47.

Sales of apartment properties reached 774 in December 2011, a decline of 4.6 per cent compared to the 811 sales in December 2010, and a decrease of 32.9 per cent compared to the 1,154 sales in December 2009.The benchmark price of an apartment property increased 3.7 per cent from December 2010 to $401,396.

Attached property sales in December 2011 totalled 254, a decline of 20.4 per cent compared to the 319 sales in December 2010, and a 44.7 per cent decrease from the 459 attached properties sold in December 2009. The benchmark price of an attached unit increased 4.2 per cent between December 2010 and 2011 to $511,499.

 

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New Listing 427 East 14th Street, North Vancouver, BC


V923754 - 427 East 14th Street, North Vancouver, BC, CANADAView my new listing for sale at 427 East 14th Street, North Vancouver and currently listed at 848800.

Dream home opportunity! This vacant flat full sized lot has it all. It's located in a sought after neighbourhood on a quiet street of fine residences with sunny southern exposure in the back yard with lane access. Boulevard Park is an easy walk, just a half block away and all amenities of Lonsdale are within close proximity. Should have a city view from the top floor.