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Blog › April 2012

New Listing 4340 HIGHLAND BV, North Vancouver, BC


V946680 - 4340 HIGHLAND BV, North Vancouver, BC, CANADAView my new House for sale at 4340 HIGHLAND BV, North Vancouver and currently listed at $899,000.

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

New Listing 5719 OWL CT, North Vancouver, BC


V945204 - 5719 OWL CT, North Vancouver, BC, CANADAView my new Townhouse for sale at 5719 OWL CT, North Vancouver and currently listed at $869,900.

Rarely available Spyglass Hill townhome! Newly renovated designer kitchen and living area in this very spacious mulit level townhouse! Great layout with 2 bedrooms up and a large open master with ensuite on the main floor. Downstairs is fully furnished with media room, laundry, professional workshop and two car garage. Walking distance to Grouse Mountain, Skyride and hiking trails. Located in the Handsworth catchment area, this home offers a ton of space for the price in a prime location!

See the Pixilink 360° Virtual Tour for this Townhouse

New Listing # 1107 235 KEITH RD, West Vancouver, BC


V945191 - 1107 235 Keith Road, West Vancouver, BC, CANADAView my new listing for sale SOLD at 1107 235 Keith Road, West Vancouver and currently listed at $675,000.SOLD

Take a close look at Spuraway Gardens. A proactive well located development rich in amenities. This fabulous unit was totally renovated down to the studs 6 years ago.The result is a masterpiece with gorgeous custom built kitchen cabinets with granite counters, beautiful oak floors, lovely crown moldings & wood burning fireplace. Upstairs are  three bedrooms & two full baths. The main bath w/claw foot tub & the ensuite w/walk in shower. This unit is well located with both the back & front doors leading into gardens. You'll love having your morning coffee on the sunny, private, brick patio. Amenities incl: swimming pool and the "Lodge" which can be rented.

New Listing # 7 235 E 11TH ST, North Vancouver, BC


V943553 - # 7 235 E 11TH ST, North Vancouver, BC, CANADAView my new Townhouse for sale SOLD at # 7 235 E 11TH ST, North Vancouver and currently listed at $799,900.SOLD

Fairview Court is a boutique style 9 unit complex that is conveniently located just 2 blocks from the shops at Central Lonsdale. This 2200 sf 3 bdrm townhome is ideal for the buyer wrestling with the difficulty of downsizing. On the main there is a patio at the front & a sunny south-facing sundeck. The massive rooftop deck provides the perfect 360 vista & it's designed for summertime fun. The basement has tons of space to create the perfect "man cave".Features include maple cabinets, built-in vacuum system & jetted tub.

See the Pixilink 360° Virtual Tour for this Townhouse

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


V943589 - # 121 1111 E 27TH ST, North Vancouver, BC, CANADAView my new Apartment for sale at # 121 1111 E 27TH ST, North Vancouver and currently listed at $585,000.

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 & edges 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.

See the Pixilink 360° Virtual Tour for this Apartment

MARKET REPORT FOR MARCH 2012


Increased selection helps maintain balance in Greater Vancouver housing market

Home sales in March trended below the 10-year average in Greater Vancouver while home listing activity outpaced what’s typical for the month.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,874 on the Multiple Listing Service® (MLS®) in March 2012. This represents a 12.9 per cent increase compared to the 2,545 sales recorded in February 2012, a decline of 29.6 per cent compared to the 4,080 sales in March 2011 and an 8.4 per cent decline compared to the 3,137 home sales in March 2010.

March sales in Greater Vancouver were the second lowest total for the month in the region since 2002 and were 16.8 per cent below the 10-year sales average for the month.

“Home sellers have been more active than buyers the first few months of the year, but we continue to see a relative balance in the total supply of homes for sale and current demand in the marketplace,” Eugen Klein, REBGV president said.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,843 in March 2012. This represents a 5.2 per cent increase compared to February when 5,552 homes were listed and a 14 per cent decline compared to March 2011 when 6,797 homes were listed for sale on the region’s MLS®.

Last month’s new listing total was 4.5 per cent above the 10-year average for listings in Greater Vancouver for March.

At 15,236, the total number of residential property listings on the MLS® increased 8.4 per cent in March compared to last month and increased 16 per cent from this time last year.

“The total number of properties for sale in Greater Vancouver has increased each month since December, which means there’s more selection to choose from as we enter what’s traditionally the busiest season of the year in our market,” Klein said.

The MLS® HPI benchmark price for all residential properties in Greater Vancouver currently sits at $679,000, up 5.3 per cent compared to March 2011 and an increase of 1.1 per cent compared to February 2012. The benchmark price for all residential properties in the Lower Mainland is $607,700, an increase of 4.8 per cent compared to March 2011.

Sales of detached properties on the MLS® in March 2012 reached 1,183, a decline of 34.1 per cent from the 1,795 detached sales recorded in March 2011, and an 11.5 per cent decrease from the 1,336 units sold in March 2010. The benchmark price for detached properties increased 9.2 per cent from March 2011 to $1,056,400.

Sales of apartment properties reached 1,191 in March 2012, a decline of 26.6 per cent compared to the 1,622 sales in March 2011, and a decrease of 4.9 per cent compared to the 1,252 sales in March 2010.The benchmark price of an apartment property increased 2.2 per cent from March 2011 to $375,100.

Townhome property sales in March 2012 totalled 500, a decline of 24.6 per cent compared to the 663 sales in March 2011, and an 8.9 per cent decrease from the 549 townhome properties sold in March 2010. The benchmark price of a townhome unit increased 0.9 per cent between March 2011 and 2012 to $480,900.

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