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We have listed a new property at 10 5389 VINE ST in Vancouver.
Wonderful Oppt'y to own this fabulous 2 level penthouse in Kerrisdale. The views are from all directions and there is a spacious wrap around patio to enjoy those views . You will be proud to own this one of a kind home. The suite has newerLaminate Flooring but primarily is in original cond and ideal for an interior make over. The complex has just completed a complete upgrade to its building envelope, windows and roof. Peace of mind for the buyer. All assessments paid by the current owner. No Pets, No rentals and Age Rest to 55 yrs and older. Serious inquiries only.
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We have listed a new property at 2632 6TH AVE W in Vancouver.
QUALITY BUILT HALF DUPLEX OF OVER 1750 SQ.FT.IN THE HEART OF KITS! ENJOY A FABULOUS LIFESTYLE Surrounded by the LATEST COMFORTS! In-Floor Heat,Walnut H/W Floors,Imported Tiles,HRV System,Window Box Seating,SS Appliances, MicrowaveDrawer,Kholer Fixtures,2-5-10 Warranty AND MORE! CLEVER FLOOR PLAN has Foyer,Living & Dining Rooms,BRIGHT OPEN SUNNY KITCHEN on the Main with Rear Access to SOUTHERN DECK AND GARDENS! NOTE THREE BEDROOMS UP Includes Master Bedroom with Ensuite! Lower Level Provides (FOURTH) Guest Bedroom PLUS Games Room with Bar Sink AND Separate Entrance which could be made into An Ideal Suite! Walk To The Shops,Eateries,Parks & THE BEACHES YET JUST MINUTES AWAY FROM THE CITY CORE! MAKE THIS YOUR SMART CHOICE!
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Please visit our Open House at 2734 GLEN DR in Vancouver.
Open House on Saturday, November 5, 2011 2:00 pm - 4:00 pm
Rare 4 storey heritage style craftsmanship home built circa 1911. This gracious 5 bdrm, 3 bath home has been carefully restored. Lovely turret style with quaint front porch, front and rear view decks, 3 wood burning fireplaces, fir floors,high ceilings, crown mouldings, stained glass windows, leaded glass french doors and custom built river rock fence. Main floor features large entertainment sized principle rooms. The upper floor can accommodate extended family with spacious family room, 2 bdrms, kitchen, and 2 large mountain view decks. The top floor features a very private 500 sq ft master wing. Finally, this home also features a 800 sq ft self contained 2 bdrm garden suite! First Open Sat Oct 15, 2-4pm.
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VANCOUVER, B.C. – November 2, 2011 – With a sales-to-active property listings ratio of 15 percent, the Greater Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in that direction over the past five months.

 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) system reached 2,317 in October, a 1 percent decrease compared to the 2,337 sales in October 2010 and a 3.2 percent increase compared to the previous month. Those sales rank as the second lowest total for October over the last 10 years.

 
“Right now, prospective home buyers have a good selection of properties to choose from and more time to make decisions,” Rosario Setticasi, REBGV president said. “Home sellers should be mindful of local market conditions to ensure they are pricing their properties competitively.”
 
New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,374 in October, which is on par with the 10-year average. This represents an 18.3 percent increase compared to October 2010, when 3,698 properties were listed for sale on the MLS®, and a 23 percent decrease compared to the 5,680 new listings reported in September 2011.
 
The total number of properties listed for sale on the Greater Vancouver MLS® system currently sits at 15,377, which is 9.3 percent higher than the 14,075 properties listed for sale during the same period last year. October was the first month that the total number of property listings showed a decrease this year.
 
The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 7.5 percent to $622,955 in October 2011 from $579,349 in October 2010. However, since reaching a peak in June of $630,921, the benchmark price for all residential properties in the region has declined 1.3 percent.
 
Sales of detached properties in October reached 974, which represents virtually no change from the 976 detached sales recorded in October 2010, and a 34.5 percent decrease from the 1,487 units sold in October 2009. The benchmark price for detached properties increased 11 percent from October 2010 to $884,778, but decreased 1.3 percent compared to the previous month.
 
Sales of apartment properties reached 958 in October, a 2.6 percent decrease compared to the 984 sales in October 2010, and a decrease of 40.4 percent compared to the 1,607 sales in October 2009. The benchmark price of an apartment property increased 3.2 percent from October 2010 to $402,702, but decreased 0.7 percent compared to the previous month.
 
Attached property sales in October totalled 382, a 1.3 percent increase compared to the 377 sales in October 2010, and a 37.4 percent decrease from the 610 attached properties sold in October 2009. The benchmark price of an attached unit increased 6.5 percent between October 2010 and 2011 to $519,455, and increased half a percent compared to the previous month.
 
 
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Please visit our Open House at 2734 GLEN DR in Vancouver.
OPEN HOUSE: Saturday, Nov 5, 2001. 2-4
Rare 4 storey heritage style craftsmanship home built circa 1911. This gracious 5 bdrm, 3 bath home has been carefully restored. Lovely turret style with quaint front porch, front and rear view decks, 3 wood burning fireplaces, fir floors,high ceilings, crown mouldings, stained glass windows, leaded glass french doors and custom built river rock fence. Main floor features large entertainment sized principle rooms. The upper floor can accommodate extended family with spacious family room, 2 bdrms, kitchen, and 2 large mountain view decks. The top floor features a very private 500 sq ft master wing. Finally, this home also features a 800 sq ft self contained 2 bdrm garden suite! First Open Sat Oct 15, 2-4pm.
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October sees a stable “balanced market” for Vancouver’s Westside Real Estate Market

 


October typically sees a pick-up in sales versus September and this year was no different. After the Thanks Giving Long Weekend we did see a pick-up in sales activity. No surprise. That being said, with all the economic turmoil I cannot help but think that has affected our markets keeping buyers on the sidelines.

Below is a summary of the Westside market broken down into Single Family, Condos and Town home properties. For a more specific read on the market I can be reached anytime by email or by mobile at 604-657-7936. I always invite your inquiries.

Westside Housing ( Single Family Homes)


-          In October 2011 there were 120 homes sold vs 161 last October, a decline of 25%

-          Year to date there have been 1803 homes sold vs 1490 last year, an increase of 21%

-          Average sale price was $ 2,351,148 this October vs $ 2,123,111 last October, an increase of 10%

-          Year to date Average sale prices are up 21% from $ 1,959,493 to $ 2,382,271

-          As at October 31st the supply of homes on the market was 43% higher than October 2010.

-          We have approx. 6.89 month’s supply vs 3.57 month’s supply this time last year.

 

Westside Housing ( Condos and Town Homes)

-          The sales and supply of Town Homes during October this year is almost identical with October 2010. Sales were down 11% from 51 units to 45 units this year. Supply is down just 3% from 298 units to 288 units.

-          Year to date the sales of Westside Town Homes has increased 9% from  598 units to 654 units this year.

-          The average sale price of town homes is up 7% year to date from $ 881,709 last year to $ 948,258 this year.

-          Sales and supply of condos is also identical with October last year. Sales were down 2% and supply is down 1% from October 2010 to 2011

-          Condo prices have risen 7% year to date from $ 593,267 to $ 637,476

Vancouver’s housing market looks stable with the months of supply of housing indicating we are in a “Balanced Market”. This all points to a healthy market and is ideal for those looking to buy and sell.

 

  

As November arrives I predict a continued stable market with inventory of properties slowly declining as we head towards year end.  Prices should remain stable across all sectors of our market.

If you have any questions or would like specific information regarding the market value of your home I am always available to help.

 

Have a great day

 

Andrew Hasman
Direct 604-657-7936
Re Max Andrew Hasman Realty
www.andrewhasman.com

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We have listed a new property at 307 988 54TH AVE W in Vancouver.
Wonderful spacious NE Corner 2 bedroom at Hawthorne Place. 1400 sq ft of living with lovely outlook and spacious covered east facing balcony. The one owner suite is in original very well kept condition. Good sized principle rooms, openkitchen with large eating area. 2 parking plus storage. The complex is located at W 54th & Oak St, close to Oakridge Shopping Mall. Public Open Sat Nov 5th, 2-4pm.
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We have sold a property at 1267 47TH AVE W in Vancouver
We have sold a property at 1267 47TH AVE W in Vancouver.
Beautifully maintained and updated 6 bedroom family home in quiet South Granville N'Hood. Home offers over 4,400 sq. ft of living on generous 59x122 ft lot perched up on the high side of the street. Some views from the top floor toVancouver Island. The home is in move in condition with newer dark HW Flooring on the main level, new kitchen cabinets and appliances, new windows, paint and more. New roof, 2010. School catchment is Eric Hamber Sec and Sir William Osler Elem.
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We have sold a property at 10631 SEAHAVEN DR in Richmond
We have sold a property at 10631 SEAHAVEN DR in Richmond.
Lovely Updated Ironwood Home. Quiet street ideal for family living this 4 bdrm home has been updated in the last few years and is in sparkling condition. Nothing to do but move in. Nice sized 7000 sq ft. lot with 2 bedrooms on main and 2bedrooms up. Lots updates, 6 yr roof, 2 yr HW tank, newer furnace motor, new flooring, almost brand new appliances. Very attractive price! Public Open Sat Oct 22, 2-4.
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We have sold a property at 3407 33RD AVE W in Vancouver
We have sold a property at 3407 33RD AVE W in Vancouver.
Oozing with charm and ready for you to move in! Don't let the address fool you. Whisper quiet and perched up on the high side of the street is this 1930's character you will be proud to call your own. The home went through extensiverenovations and an extension back in 2004 (all with permits) and boasts wonderful sized principal rooms beautifully appointed and laid out. A wonderful chef's kitchen opens to the Great Room, ideal for the family to gather/spread out. Entertainment sized patio ideal for BBQ's stepping down to a private grassed area. 2 bdrms up, Master on the Main w/ double French doors opening to the deck. Lower lvl is ideal for families w/ large rec room and 2 add'l bdrms. Public Open Sat Oct 15, 2-4.
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Please visit our Open House at 307 988 54TH AVE W in Vancouver.
Open House on Saturday, November 5, 2011 2:00 pm - 4:00 pm
Wonderful spacious NE Corner 2 bedroom at Hawthorne Place. 1400 sq ft of living with lovely outlook and spacious covered east facing balcony. The one owner suite is in original very well kept condition. Good sized principle rooms, openkitchen with large eating area. 2 parking plus storage. The complex is located at W 54th & Oak St, close to Oakridge Shopping Mall. Public Open Sat Nov 5th, 2-4pm.
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Please visit our Open House at 800 5890 BALSAM ST in Vancouver.
Open House on Saturday, November 5, 2011 2:00 pm - 4:00 pm
Renovated 2 bdrm plus Den Kerrisdale View home. Wonderful views to the South and West this 1586 sq ft home was renovated back in 2006 and is move in condition. Elevator opens right into yourown Foyer. Small 10 unit complex, the building has just completed a re piping project with all costs paid by seller. This condo is tremendous value in a quiet location. Windows on all four sides! Only one pet up to 25pounds, Rentals Ltd to 1 unit. Public Open Sat Oct 15, 2-4.
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