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Open House. Open House on Sunday, March 10, 2024 2:00PM - 4:00PM
Please visit our Open House at 5818 ALMA ST in Vancouver.
Open House on Sunday, March 10, 2024 2:00PM - 4:00PM
Beaut custom finishes, thoughtful in design. Built by Seven Oak West Homes and designed by DWG. Approx 2400 sq ft of living and sharing a generous 50 x 136 lot. This 3 level duplex offers 3 bdrms up all w ensuites, a comfortable living area on the main with a chef's kitchen, top of the line finishes and cabinetry. For those wanting outdoor space the kitchen area opens to a private patio and fenced low maint yard. Every detail well thought out. The main floor office / den makes an ideal home office . The lower level provides a spacious rec room / media room for the kids and a Lock Off 1 bedroom suite ideal for the inlaws. Bleached Oak floors throughout, Hot water Radiant Heat & AC. Open Sun March 10th, 2-4.
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We have sold a property at 303 1972 ROBSON ST in Vancouver
We have sold a property at 303 1972 ROBSON ST in Vancouver.
Live on the edge of Stanley Park with direct views right over Lost Lagoon. LOCATION does not get any better than this. Top floor 1 bedroom Co Op. Suite is bright west facing and has a small balcony. Very well run small 18 unit building. The suite requires a FULL renovation as it has been taken down to the studs. Being sold 'as is" Great opportunity to live in this perfect corner of the West End. Sorry No Rentals. Qualified cash buyers only please that are ok with a full on renovation. View strictly by appt only. Building Upgrades: Roof 2012, Plumbing 2007 & Boiler 2010.
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Home sellers awaken this spring, bringing much-needed inventory to the housing market

While Metro Vancouver home sellers appeared somewhat hesitant in January, new listings rose 31 per cent year-over-year in February, bringing a significant number of newly listed properties to the market.

Greater Vancouver REALTORS® (GVR)(*2) reports that residential sales(*3) in the region totalled 2,070 in February 2024, a 13.5 per cent increase from the 1,824 sales recorded in February 2023. This was 23.3 per cent below the 10-year seasonal average (2,699).

“While the pace of home sales started the year off briskly, the pace of newly listed properties in January was slower by comparison. A continuation of this pattern in February would have been concerning, as it could quickly tilt the market towards overheated conditions,” Andrew Lis, GVR’s director of economics and data analytics said. “With new listings up about 31 per cent year-over-year in February, this will relieve some of the pressure that was building in January and offer buyers more choice as we enter the spring and summer markets.”

There were 4,560 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in February 2024. This represents a 31.1 per cent increase compared to the 3,478 properties listed in February 2023. This was 0.2 per cent below the 10-year seasonal average (4,568).

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 9,634, a 16.3 per cent increase compared to February 2023 (8,283). This is three per cent above the 10-year seasonal average (9,352).

Across all detached, attached and apartment property types, the sales-to-active listings ratio for February 2024 is 22.4 per cent. By property type, the ratio is 16 per cent for detached homes, 27.9 per cent for attached, and 25.9 per cent for apartments.

Analysis of the historical data suggests 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.

“Even with the increase in new listings however, standing inventory levels were not high enough relative to the pace of sales to mitigate price acceleration in February, with most segments of the market moving into sellers’ territory,” Lis said. “This competitive dynamic has led to modest price growth across all market segments this month, but it’s noteworthy that benchmark prices remain below the peak observed in the spring of 2022, before the market internalized the full effect of the Bank of Canada’s tightening cycle.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,183,300. This represents a 4.5 per cent increase over February 2023 and a 1.9 per cent increase compared to January 2024.

Sales of detached homes in February 2024 reached 560, an 8.3 per cent increase from the 517 detached sales recorded in February 2023. The benchmark price for a detached home is $1,972,400. This represents a 7.2 per cent increase from February 2023 and a 1.5 per cent increase compared to January 2024.

Sales of apartment homes reached 1,092 in February 2024, a 17.7 per cent increase compared to the 928 sales in February 2023. The benchmark price of an apartment home is $770,700. This represents a 5.6 per cent increase from February 2023 and a 2.5 per cent increase compared to January 2024.

Attached home sales in February 2024 totalled 403, a 10.1 per cent increase compared to the 366 sales in February 2023. The benchmark price of a townhouse is $1,094,700. This represents a 4.2 per cent increase from February 2023 and a 2.6 per cent increase compared to January 2024.

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New property listed in Downtown VW, Vancouver West
We have listed a new property at 3403 938 NELSON ST in Vancouver.
Your home in the sky awaits. Fabulous 2 bedroom at Wall Centre. Enjoy sweeping views of Vancouver with floor to ceiling windows and an abundance of natural light streaming in to all rooms. Suite has newer flooring and upgraded kitchen. The high ceilings provide a spacious a feel and you'll love the AC during the warm months. The Wall Centre is walkable to everything downtown and boasts full time concierge and use of the hotel facilities which include a fabulous fitness facility and indoor pool. Viewings are by appt only with 24 hours notice. Pets and Rentals are OK. Make this your full time home, pied a terre or rent out for investment.
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New property listed in Kitsilano, Vancouver West
We have listed a new property at 304 2255 YORK AVE in Vancouver.
This is the 2 bdrm you have been waiting for. TOP FLOOR Kits 2 bedroom just steps to Kits Beach. Bright renovated North facing suite w lovely views of Mtns, Water & DT. You'll love the large rooms that will accommodate generous sized furniture. Open floor plan so there is a real feeling of space. The living & dining opens to a generous sized view balcony that accommodate a nice covered seating area. Oversized master bedroom & 2nd bdrm. Updated bldg with exterior upgrade/rainscreening, balconies, roof, windows, elevator, TWO PARKING and one storage locker. Located in PRIME KITS, steps to beaches, rstrnts, cafes, pool & downtown! Hurry, this won’t last! Open House Sun March 3rd, 2-4.
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Open House. Open House on Sunday, March 3, 2024 2:00PM - 4:00PM
Please visit our Open House at 304 2255 YORK AVE in Vancouver.
Open House on Sunday, March 3, 2024 2:00PM - 4:00PM
This is the 2 bdrm you have been waiting for. TOP FLOOR Kits 2 bedroom just steps to Kits Beach. Bright renovated North facing suite w lovely views of Mtns, Water & DT. You'll love the large rooms that will accommodate generous sized furniture. Open floor plan so there is a real feeling of space. The living & dining opens to a generous sized view balcony that accommodate a nice covered seating area. Oversized master bedroom & 2nd bdrm. Updated bldg with exterior upgrade/rainscreening, balconies, roof, windows, elevator, TWO PARKING and one storage locker. Located in PRIME KITS, steps to beaches, rstrnts, cafes, pool & downtown! Hurry, this won’t last! Open House Sun March 3rd, 2-4.
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Open House. Open House on Sunday, March 3, 2024 2:00PM - 3:30PM
Please visit our Open House at 5820 ALMA ST in Vancouver.
Open House on Sunday, March 3, 2024 2:00PM - 3:30PM
For the buyer with discerning taste, this is a home that you should put on your list to view. Beaut custom finishes, thoughtful in design. Built by Seven Oak West Homes and designed by DWG. Approx 2400 sq ft of living and sharing a generous 50 x 136 lot. This 3 level home offers 3 bdrms up all w ensuites, a comfortable living area on the main with a chef's kitchen, top of the line finishes and cabinetry. For those wanting outdoor space the kitchen area opens to a private patio and fenced low maint yard. Every detail well thought out. The main floor office / den makes an ideal home office . The lower level provides a spacious rec room / media room for the kids and a Lock Off 1 bedroom suite ideal for the inlaws. Bleached Oak floors throughout, Hot water Radiant Heat & AC. View By Appt.
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Open House. Open House on Sunday, March 3, 2024 2:00PM - 3:30PM
Please visit our Open House at 5818 ALMA ST in Vancouver.
Open House on Sunday, March 3, 2024 2:00PM - 3:30PM
For the buyer with discerning taste this is a home that you should put on your list to view. Beaut custom finishes, thoughtful in design. Built by Seven Oak West Homes and designed by DWG. Approx 2400 sq ft of living and sharing a generous 50 x 136 lot. This 3 level duplex offers 3 bdrms up all w ensuites, a comfortable living area on the main with a chef's kitchen, top of the line finishes and cabinetry. For those wanting outdoor space the kitchen area opens to a private patio and fenced low maint yard. Every detail well thought out. The main floor office / den makes an ideal home office . The lower level provides a spacious rec room / media room for the kids and a Lock Off 1 bedroom suite ideal for the inlaws. Bleached Oak floors throughout, Hot water Radiant Heat & AC. View By Appt.
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Open House. Open House on Saturday, February 24, 2024 2:00PM - 4:00PM
Please visit our Open House at 5818 ALMA ST in Vancouver.
Open House on Saturday, February 24, 2024 2:00PM - 4:00PM
For the buyer with discerning taste this is a home that you should put on your list to view. Beaut custom finishes, thoughtful in design. Built by Seven Oak West Homes and designed by DWG. Approx 2400 sq ft of living and sharing a generous 50 x 136 lot. This 3 level duplex offers 3 bdrms up all w ensuites, a comfortable living area on the main with a chef's kitchen, top of the line finishes and cabinetry. For those wanting outdoor space the kitchen area opens to a private patio and fenced low maint yard. Every detail well thought out. The main floor office / den makes an ideal home office . The lower level provides a spacious rec room / media room for the kids and a Lock Off 1 bedroom suite ideal for the inlaws. Bleached Oak floors throughout, Hot water Radiant Heat & AC. View By Appt.
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We have sold a property at 60 12161 237 ST in Maple Ridge
We have sold a property at 60 12161 237 ST in Maple Ridge.
Village Green in prime Maple Ridge location. This 3 bedroom home is situated in a prime location in this complex facing SW towards the protected greenbelt. Beautiful serene outlook and only 1 common wall in this duplex unit. Efficient floor plan with living on the main level and 3 bedrooms up. A lovely sun filled garden is accessed off the kitchen and living room facing south for those looking for an abundance of natural light & wanting to entertain & BBQ in the yard. 2 pets OK. School Catchment is Blue Mtn Elem & Garibaldi Sec. Walking distance to Maple Ridge shopping Ctr. 1st viewings are the open house Feb 3rd & 4th from 1-3pm.
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New property listed in Southlands, Vancouver West
We have listed a new property at 5820 ALMA ST in Vancouver.
For the buyer with discerning taste, this is a home that you should put on your list to view. Beaut custom finishes, thoughtful in design. Built by Seven Oak West Homes and designed by DWG. Approx 2400 sq ft of living and sharing a generous 50 x 136 lot. This 3 level home offers 3 bdrms up all w ensuites, a comfortable living area on the main with a chef's kitchen, top of the line finishes and cabinetry. For those wanting outdoor space the kitchen area opens to a private patio and fenced low maint yard. Every detail well thought out. The main floor office / den makes an ideal home office . The lower level provides a spacious rec room / media room for the kids and a Lock Off 1 bedroom suite ideal for the inlaws. Bleached Oak floors throughout, Hot water Radiant Heat & AC. View By Appt.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.