Nick Chan | Oakwyn Realty Ltd. › March 2015

New Listing 703 - 277 Thurlow Street, Vancouver, British Columbia


V1114000 - 703 - 277 Thurlow Street, Vancouver, British Columbia, CANADAView my new listing for sale at 703 - 277 Thurlow Street, Vancouver and currently listed at $4,298,000.

Fantastic South/West/East facing 7th floor property is located in exclusive Three Harbour Green, Coal Harbour's finest waterfront development. Proudly developed by ASPAC Developments and designed by IBI Architects. This suite offers 2BR and 2.5 Bath with a total 2,300 sf of combined indoor and outdoor living space. Finished elegantly with Snaidero kitchens, L'O di Giotto bathrooms & MOVE closets, individual double underground garage, generous balcony with gas fireplace and 24 hr concierge. Fabulous amenities include a private club complete with squash court, virtual golf, movie theatre, indoor pool, swirl pool, sauna, steam room, yoga and massage rooms. Walking distance to school catchment: Lord Roberts Elem and King George Sec.

Home buyer and seller activity outpaces historical averages in February


Conditions within the Metro Vancouver* housing market continued to strengthen in February as home sale and listing totals came in well above the region’s ten-year average for the month. 

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 3,061 on the Multiple Listing Service® (MLS®) in February 2015. This represents a 21 per cent increase compared to the 2,530 sales recorded in February 2014, and a 60 per cent increase compared to the 1,913 sales in January 2015.

Last month’s sales were 20.2 per cent above the 10-year sales average for the month.

“It’s an active and competitive marketplace today. Buyers are motivated and homes that are priced competitively are selling at a brisk pace right now,” Ray Harris, REBGV president, said.

New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,425 in February. This represents a 15.4 per cent increase compared to the 4,700 new listings reported in February 2014.

Last month’s new listing count was 11.8 per cent higher than the region’s 10-year new listing average for the month.

The total number of properties currently listed for sale on the REBGV MLS® is 11,898, an 11.3 per cent decline compared to February 2014 and a 10.1 per cent increase compared to January 2015.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $649,700. This represents a 6.4 per cent increase compared to February 2014.

The sales-to-active-listings ratio in February was 25.7 per cent. This is the highest that this ratio has been in Metro Vancouver since March 2011.

“We’re seeing more multiple offer situations and generally more traffic at open houses today,” Harris said. “In a market such as this, it’s important to do your homework and work with your local REALTOR® before embarking on your home buying and selling journey.”

Sales of detached properties in February 2015 reached 1,296, an increase of 25.6 per cent from the 1,032 detached sales recorded in February 2014, and an 84.1 per cent increase from the 704 units sold in February 2013. The benchmark price for a detached property in Metro Vancouver increased 9.7 per cent from February 2014 to $1,026,300.

Sales of apartment properties reached 1,244 in February 2015, an increase of 20.5 per cent compared to the 1,032 sales in February 2014, and an increase of 63.7 per cent compared to the 760 sales in February 2013. The benchmark price of an apartment property increased 3 per cent from February 2014 to $386,500.

Attached property sales in February 2015 totalled 521, an increase of 11.8 per cent compared to the 466 sales in February 2014, and a 56.5 per cent increase from the 333 attached properties sold in February 2013. The benchmark price of an attached unit increased 4.6 per cent between February 2014 and 2015 to $481,500.

 

Contact Nick Chan for a full statistics package. 604.551.9504 | nick@downtowncondoshop.com



Recently Sold Listing 408-7727 ROYAL OAK AVENUE, Burnaby, British Columbia


V1018760 - 408-7727 ROYAL OAK AVENUE, Burnaby, British Columbia, CANADAI have just recently sold this listing at 408-7727 ROYAL OAK AVENUE, Burnaby.

Recently Sold Listing 204-7727 ROYAL OAK AVENUE, Burnaby, British Columbia


V1018732 - 204-7727 ROYAL OAK AVENUE, Burnaby, British Columbia, CANADAI have just recently sold this listing at 204-7727 ROYAL OAK AVENUE, Burnaby.

Recently Sold Listing 106-7727 ROYAL OAK AVENUE, Burnaby, British Columbia


V1018734 - 106-7727 ROYAL OAK AVENUE, Burnaby, British Columbia, CANADAI have just recently sold this listing at 106-7727 ROYAL OAK AVENUE, Burnaby.

Recently Sold Listing 210-7727 ROYAL OAK AVENUE, Burnaby, British Columbia


V1018755 - 210-7727 ROYAL OAK AVENUE, Burnaby, British Columbia, CANADAI have just recently sold this listing at 210-7727 ROYAL OAK AVENUE, Burnaby.

Recently Sold Listing TH10-1283 HOWE STREET, Vancouver, British Columbia


PRE-SALE - TH10-1283 HOWE STREET, Vancouver, British Columbia, CANADAI have just recently sold this listing at TH10-1283 HOWE STREET, Vancouver.

Recently Sold Listing 506-289 E 6TH AVENUE, Vancouver, British Columbia


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Recently Sold Listing 503-289 E 6TH AVENUE, Vancouver, British Columbia


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Recently Sold Listing 609-289 E 6TH AVENUE, Vancouver, British Columbia


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Recently Sold Listing 203-150 E CORDOVA STREET, Vancouver, British Columbia


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Recently Sold Listing 801-150 E CORDOVA STREET, Vancouver, British Columbia


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Recently Sold Listing PH2-150 E CORDOVA STREET, Vancouver, British Columbia


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Recently Sold Listing 809-150 E CORDOVA STREET, Vancouver, British Columbia


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Recently Sold Listing 901-909 MAINLAND STREET, Vancouver, British Columbia


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Recently Sold Listing 5082 TOPAZ PL, Richmond, British Columbia


V1107532 - 5082 TOPAZ PL, Richmond, British Columbia, CANADAI have just recently sold this listing at 5082 TOPAZ PL, Richmond.

Recently Sold Listing 407-606 SONGHEES ROAD, Victoria, British Columbia


345131 - 407-606 SONGHEES ROAD, Victoria, British Columbia, CANADAI have just recently sold this listing at 407-606 SONGHEES ROAD, Victoria.

New Listing 901-909 MAINLAND STREET, Vancouver, British Columbia


EXCLUSIVE - 708-88 West 1st Avenue, Vancouver, British Columbia, CANADAView my new listing for sale SOLD at 708-88 West 1st Avenue, Vancouver and currently listed at $576,000.SOLD

THIS IS THE ONE... WATER, CITY AND MOUNTAIN VIEWS from this large, functional 1 bedroom north facing suite. Live in the last prime Olympic Village location in the centre of SE False Creek. Enjoy north exposure, luxurious finishes throughout, air conditioning, floor to ceiling windows, over-height ceilings and top of the line Bosch appliances. Resort style amenities include a fully equipped fitness centre, amenity room, rooftop infinity pool and hot tub. Walking distance to the Seawall, waterfront park, Community Centre, Urban Fare, London Drugs, Terra Breads, Canada Line/Expo/Millennium Line Station

Recently Sold Listing 205-231 E PENDER STREET, Vancouver, British Columbia


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Recently Sold Listing 2625 EAST 8TH AVENUE, Vancouver, British Columbia


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Recently Sold Listing 108-5981 GRAY AVENUE, Vancouver, British Columbia


V1073908 - 108-5981 GRAY AVENUE, Vancouver, British Columbia, CANADAI have just recently sold this listing at 108-5981 GRAY AVENUE, Vancouver.