Posted in: Gibsons & Area, Sunshine Coast Real Estate
NEW LISTING! 167 PIKE RD in Gibsons.
A "solid" home under construction WITH an OCEAN VIEW on half an acre of land with firs and Portuguese Laurel on either side of the property It's in a cul-de-sac in Langdale. The building is in construction stage; exterior finished. The design: main floor has kitchen-family room, bathroom-laundry, a bedroom and a partial loft above for storage/sleeping area. Superb glass balcony with Durodeck finish. Below, the design has been for a one bedroom basement suite with insulated concrete slap opening on to unfinished covered patio.. Excellent location for elementary school and ferry.Easy to reach Gibsons and all amenities - the Recreation Centre, shopping and other activities. A wonderful opportunity for someone creative to add their ideas to finish this cute building and yard.
SURREY, BC – The increase in home sales in the Fraser Valley in May compared to April is thanks to renewed interest in single family detached homes. Although total market activity remained well below historical norms – 18 per cent below the 10-year average – the sale of detached homes increased by 14.9 per cent in one month.
The Fraser Valley Real Estate Board processed 1,517 sales of all property types on its Multiple Listing Service® (MLS®) in May, a 9.7 per cent increase compared to sales in April 2019, and a 13.7 per cent decrease compared to the 1,758 sales in May of last year.
In looking at the three main residential property types, detached homes garnered 41.2 per cent of the market in May, up from 39.4 per cent in April. Attached homes garnered 58.8 per cent in May, compared to 60.6 per cent in April.
Darin Germyn, President of the Board, said of the market: "Buyers are recognizing that in the last three months, home prices have stopped declining and that in order to take advantage of the improvement in prices over the past year, now is a great time to consider making the purchase they held off on in the previous months.
"We're seeing buyers who have been waiting on the sidelines, act, because of better price opportunities and more selection. It's been four years since buyers had this much choice in the Fraser Valley."
There were 8,506 active listings available in the Fraser Valley at the end of May, an increase of 26.3 per cent compared to May of last year and an increase of 8.1 per cent compared to April 2019.
The Board received 3,542 new listings during the month, a 4.5 per cent increase compared to April 2019's intake of 3,391 new listings and a 10.7 per cent decrease year-over-year.
"Key to this market is pricing," continued Germyn. "We empathize with our clients on the challenges they face today to qualify to buy a home and we work with them to find the right property at a realistic price they can afford."
HPI® Benchmark Price Activity
Posted in: Sechelt District, Sunshine Coast Real Estate
NEW LISTING! 5315 CEDARVIEW PL in Sechelt.
Immaculate Rancher with full walk-out basement. Top floor features a fabulous Great Room design with open kitchen & dining area. walk out to the covered screened in porch with gas bbq outlet. large master suite with walk in closet and newly updated ensuite. 2nd bedroom overlooking the beautiful front gardens. 3rd bdrm up is perfect for a home office next tot he front entrance. Lovely full bath with soaker tub. basement level features a large laundry room, sitting area, full bath & bedroom. Hobby room, large games/family room perfect for teens or inlaws. Separate entrance with a covered porch area. The back yard is private and beautifully done. Green house, garden shed, fire pit make this a perfect retreat. Rough in for hot tub... what more could you ask for. Great cul-de-sace location.
SURREY, BC – The Fraser Valley real estate market experienced its second slowest April in ten years and yet sales of certain property types and price ranges remain solid.
The Fraser Valley Real Estate Board processed 1,383 sales of all property types on its Multiple Listing Service® (MLS®) in April, a 13.3 per cent increase compared to sales in March 2019, and a 19 per cent decrease compared to the 1,708 sales in April of last year. Of the 1,383 total sales of residential and commercial combined, 489 were residential detached homes, 379 were townhouses, and 374 were apartments.
Darin Germyn, President of the Board, said of the market: “Consumers may not have the purchasing power that they did prior to January 2018, but the desire for home ownership is still there and we’re seeing that reflected in our MLS® data.
“Detached homes under one million dollars and attached homes – ranging from $400,000 to $700,000 – continue to attract buyers in the Fraser Valley. Townhome sales in Abbotsford increased by almost 60 per cent compared to March and were on par with last year’s April sales.”
There were 7,870 active listings available in the Fraser Valley at the end of April, an increase of 12.3 per cent compared to March 2019’s inventory and an increase of 38.9 per cent year-over-year.
The Board received 3,391 new listings during the month, an 18.1 per cent increase compared to March 2019’s intake of 2,872 new listings and a decrease of 1.1 per cent compared to April of last year.
"A slower, stable market has had a positive impact on affordability in our region. Prices of typical residential homes in the Fraser Valley have decreased between 5 and 6 per cent in the last year. In the last three months, benchmark prices have either plateaued or have experienced a small recovery,” added Germyn.
For the Fraser Valley region, the average number of days to sell an apartment in April was 37, and 31 for townhomes. Single family detached homes remained on the market for an average of 37 days before selling.
HPI® Benchmark Price Activity
NEW LISTING! TUDOR GROVE ROAD in Pender Harbour.
This is a very special property on Gerrans Bay in Pender Harbour, offering over 300 ft of waterfront on a sub dividable 8.7 acre parcel of land. This property has many possibilities for its use including a personal and very private estate, multiple family compound, or take advantage of the sub division potential and develop into multiple lots for resale. This property includes beautiful mature trees, a winding path towards the ocean, multiple sites, and tremendous privacy and tranquility. There may be dock potential for this property. Please call for your information package and directions to tour the property.
NEW LISTING! 326 1840 160 ST in Surrey.
Breakaway Bays beautifully updated home. New kitchen, new bathroom, flooring and more. Plenty of kitchen cabinets, quartz counter tops, stainless appliances. Newer hot water tank. Gas fireplace in the living room, patio doors to the covered deck. 2 good sized bedrooms, with large closets. Side by side laundry. Furnace previously updated. Hobby room off the deck is heated and would make a great home office. Recreation room, outdoor pool. No age restriction, No rental restriction, pet under 17" at shoulder allowed. Pad fee is $980.00 p/m includes, water, sewer, garbage and taxes on the land. This is a great condo alternative or perfect for first time buyer.
Posted in: Sechelt District, Sunshine Coast Real Estate
NEW LISTING! 5315 CEDARVIEW PL in Sechelt.
Fantastic location! Beautiful 4 Bedroom/3 Bath plus office Rancher with walk-out basement located in quiet neighborhood on a private cul-de-sac of quality homes. This home offers in-floor radiant heat, open concept kitchen/dining/living area, Centre island, walk-in pantry, lovely all season outdoor living area with granite gas fire-pit table, master bedroom/en-suite with granite counter/ French doors to sundeck, second bedroom and office on main floor. Covered decks both up and down, front patio, flower drip-system, in-ground watering system RI, fully fenced gorgeous yard, flower gardens/vegetable beds, greenhouse, 2 car garage, RI for hot-tub. Offered below assessed value! This is a special home in a coveted location.
NEW LISTING! 308 1442 BLACKWOOD ST in White Rock.
Bright one bedroom TOP FLOOR CORNER condo in the heart of White Rock. This home has had updates over the past 3 years. Including white kitchen, appliances, counter tops, kitchen as well as updated bathroom, flooring & paint. Nothing to do but move in and enjoy. Quiet building super location. Strata fee includes heat and hot water. 1 underground parking & storage unit on same floor as condo.
Posted in: Downtown VW, Vancouver West Real Estate
NEW LISTING! 502 1255 SEYMOUR ST in Vancouver.
The ELAN by Cressey. Cute bachelor suite in the heart of Yaletown. Don't be fooled by the square footage, there is plenty of closets and room in this condo. Expansive windows make it a bright place to call home. Wide plank engineered flooring, gourmet kitchen with eating bar, s/s appliances including built in microwave, ceramic tile backsplash, quartz counters and more. In-suite laundry! Den for storage or a home workspace. Full bath with soaker tub. Home has been repainted and available for fast completion. 1 parking stall & storage locker. Pets& rentals welcome. Fabulous amenities include caretaker, steam/sauna fitness center, yoga studio, lounges and executive meeting room. Wheelchair accessible right at the front door. Walking distance to parks and shopping.
NEW LISTING! 319 15745 CROYDON DR in Surrey.
Morgan Crossing Condo! West facing 1 bdrm & den condo in the heart of the Shops. Open plan with lots of windows. Kitchen features include plenty of cupboards, stainless steel appliances and silstone counters. Living room is cosy with the electric fireplace. Master bedroom is bright, features his & hers closets and a cheater ensuite with walk in shower. Large walk in laundry room with storage. Modern design elements in this trendy uptown condo. 2 secured underground parking spaces & storage locker. Walk to all the shops, transit & schools.
Posted in: Sullivan Station, Surrey Real Estate
NEW LISTING! 23 15075 60 AVE in Surrey.
Welcome to Natures Walk a lovely New England style development. Open main floor with f/p in living room access to the balcony where you can sit and enjoy morning coffee or evening cocktails. Kitchen features large walk in pantry. 2 large bedrooms up. Master features his & hers closets, luxurious ensuite with double vanity & walk in shower. Main bath & laundry conveniently located upstairs as well. This home sits high above the rest where you can enjoy the beautiful mountain views to the North and East. The very large backyard is great for kids and pets. This location is fantastic, across the street from elem school, close to UMCA, transit and shopping. PRICED FOR A QUICK SALE.
NEW LISTING! 82 15500 ROSEMARY HEIGHTS CRES in Surrey.
THE CARRINGTON immaculate 19+ complex with resort like amenities. This unit faces South, DOES NOT BACK onto 32nd Ave. Beautiful large open living/dining room, high ceilings. Eat in kitchen maple cabinets, granite counters. Large eating area, opening onto the family room. Access the fully fenced yard, with its lush gardens, undercover patio & privacy. Master suite upstairs with spa like ensuite, large w/in closet. 2 more bedrooms, main bath and large laundry room up. Enjoy the outdoor pool, hot tub, tennis courts. Easy access to Morgan Creek Golf Course. Great place to call home.
NEW LISTING! 14272 VINE AVE in White Rock.
Beautifully updated home in White Rock's West side. Peak-a-boo ocean view from the main floor! Updates throughout the home are done with a high level of craftsmanship. Bright and airy kitchen, hardwood flooring, updated windows, gas fireplaces, bathrooms, roof....So many things to list. This home features 2 large bedrooms up, 2pc en-suite with room to expand. Basement has an additional bedroom, den, games room, full bath and large laundry. The very private south facing fenced yard is a gardeners delight, fruit trees, trex decking, hot tub and more.
NEW LISTING! 2114 INDIAN FORT DR in Surrey.
ONE OF OCEAN PARKS BEST CUL-DE-SACS! Beautiful family home in a perfect location. 5 bedrooms all with luxurious en-suites, and walk-in closets. Master suite with separate soaker tub & shower, double vanity. Brazillian Cherry hardwood floor on the main. Floor to ceiling fireplace, vaulted ceilings and ocean view from the formal living room. Massive kitchen with an abundance of cabinets, large island, gas stove, granite counter tops, stainless appliances and more. Open family room with floor ceiling fireplace, surrounded by windows. This is the perfect home for entertaining. Covered back patio with heaters, gas bbq outlet, private hedged and fenced yard. Ocean Cliff Elem & Elgin Park school catchments.
SURREY, BC – Coming off a mild January, the Fraser Valley real estate market saw an increase in sales activity and overall inventory in February along with decreased prices in several of its communities.
The Fraser Valley Real Estate Board processed 982 sales of all property types on its Multiple Listing Service® (MLS®) in February, a 25.3 per cent increase compared to sales in January 2019, and a 29.1 per cent decrease compared to the 1,385 sales in February of last year. Of the 982 total sales, 354 were residential detached homes, 236 were townhouses, and 288 were apartments.
Darin Germyn, President of the Board, said of the market: “With inventory continuing to build, and prices softening across many of our areas and property types, buyers will be well positioned to make a move this spring.”
There were 6,406 active listings available in the Fraser Valley at the end of February, an increase of 6.9 per cent compared to January 2019’s inventory and an increase of 47.6 per cent year-over-year.
The Board received 2,216 new listings during the month, a 15.1 per cent decrease compared to January 2019’s intake of 2,609 new listings and a 3.4 per cent decrease compared year-over-year.
“Demand within our region varies depending on the community, with both residential detached homes and attached properties garnering interest when priced effectively,” continued Germyn. “If you’re looking to list, contact a REALTOR® who can help you understand the local market and what price point will bring you the buyers you’re looking for.”
For the Fraser Valley region, the average number of days to sell an apartment in January was 40, and 39 for townhomes. Single family detached homes remained on the market for an average of 43 days before selling.
HPI® Benchmark Price Activity
NEW LISTING! 201 15850 26 AVE in Surrey.
This fabulous condo feels like a townhome. Large walk out patio surrounded by lush gardens. One of the largest in the building. This is a wonderful 2 bedroom 2 bathroom condo with a wide open floor plan. Must be seen to appreciate the unique location and amenities. Both bedrooms are on opposite sides of the condo. Large kitchen with gas stove, large island and wood cabinets. Master features walk in closet & en-suite. Walk in laundry room and plenty of storage. Huge west facing windows looking onto the courtyard. The Summit House at Morgan Crossing is steps from wonderful shopping and recreation. BONUS: 2 parking spaces. Rentals and 2 pets allowed.
SURREY, BC – Overall inventory levels continued to recover as market activity remained moderate through January. The Fraser Valley Real Estate Board processed 784 sales of all property types on its Multiple Listing Service® (MLS®) in January, a 2 per cent decrease compared to sales in December 2018, and a 35.2 per cent decrease compared to the 1,210 sales in January of last year.
Of the 784 total sales, 250 were residential detached homes, 190 were townhouses, and 257 were apartments. This is the first time in the Board’s history that apartments have outsold residential detached homes during a month. “This remains a challenging environment for buyers and sellers alike,” said John Barbisan, President of the Board. “Factors such as reduced buying power, changing expectations for pricing, and a recovering inventory are all having an impact.”
There were 5,995 active listings available in the Fraser Valley at the end of January, an increase of 9.9 per cent compared to December 2018’s inventory and an increase of 51.3 per cent year-over-year.
Additionally, 2,609 new listings were received by the Board for the month, a significant increase compared to December 2018’s intake of 978 new listings and a 24.7 per cent increase compared year-over-year. “Historically, January months start slowly, and 2019 is following that trend,” explained Barbisan. “Pricing for each of our major residential property types remains either stable or decreased in most areas. This isn’t necessarily indicative of what’s to come in 2019, but it reinforces the need to be aware of what’s happening in your local market in order to be effective.”
For the Fraser Valley region, the average number of days to sell an apartment in January was 45, and 44 for townhomes. Single family detached homes remained on the market for an average of 55 days before selling.
HPI® Benchmark Price Activity
• Single Family Detached: At $954,100, the Benchmark price for a single family detached home in the Fraser Valley decreased 1.2 per cent compared to December 2018 and decreased 3.3 per cent compared to January 2018.
• Townhomes: At $522,100, the Benchmark price for a townhome in the Fraser Valley in the Fraser Valley decreased 1.8 per cent compared to December 2018 and increased 0.5 per cent compared to January 2018.
• Apartments: At $409,000, the Benchmark price for apartments/condos in the Fraser Valley decreased 2.2 per cent compared to December 2018 and increased 1.2 per cent compared to January 2018.
Posted in: Brookswood Langley, Langley Real Estate
NEW LISTING! 2555 200 ST in Langley.
FANTASTIC INVESTMENT OPPORTUNITY! 2.5 ACRES located within the Brookswood/Fernridge development plan for future development. This could be an amazing development with a feature of Little Campbell River running through the back of the property. A new development that encompasses that would fit into the area nicely. The home and barns on the property make this a great holding property with rental income potential. Neighbouring 2.5 acre property also available.
NEW LISTING! 12183 AGAR ST in Surrey.
Welcome to Crescent Beach. Enjoy the community feeling in this great little area. This great street has a cute lot awaiting your new home. Just under 5000 sqft lot with old timer. This property is walking distance to the beach, marina, parks and the best restaurants the area has to offer.
NEW LISTING! 14397 26 AVE in Surrey.
First time on the market! One of the most sought after neighbourhoods in S. Surrey. Surrounded by multi-million dollar homes. There is great value to either rebuild or renovate. The home is a functional 3 level split with large rooms, 3 bdrms, 2.5 baths, large family room, formal living & dining rooms. The home is in need updating but has great potential. The detached shop is over 700sqft. with garage door. A car enthusiasts dream. The property is nearly 3/4 of an acre with huge potential. This type of property doesn't come around often. Don't wait!
Categories: 2019 | April | Brookswood Langley, Langley Real Estate | Crescent Bch Ocean Pk., South Surrey White Rock Real Estate | Downtown VW, Vancouver West Real Estate | February | Fraser Valley Real Estate Stats | Gibsons & Area, Sunshine Coast Real Estate | Grandview Surrey, South Surrey White Rock Real Estate | January | King George Corridor, South Surrey White Rock Real Estate | May | Morgan Creek, South Surrey White Rock Real Estate | Pender Harbour Egmont, Sunshine Coast Real Estate | Real Estate Stats | Sechelt District, Sunshine Coast Real Estate | Sullivan Station, Surrey Real Estate | Sunnyside Park Surrey, South Surrey White Rock Real Estate | White Rock, South Surrey White Rock Real Estate