Blog › April 2014

New Listing 416 - 4280 Moncton Street, Richmond, British Columbia


V1062326 - 416 - 4280 Moncton Street, Richmond, British Columbia, CANADAView my new listing for sale SOLD at 416 - 4280 Moncton Street, Richmond and currently listed at $435,000.SOLD

The Village- This TOP FLOOR corner unit 1 bedroom + den home with 1.5 bathrooms at nearly 900sqft in the heart of Steveston Village offers terrific interior living space and 2 oversized decks for year-round enjoyment. The open concept floor plan with 14ft ceilings, hardwood flooring and a kitchen finished with granite counter tops and Stainless Steel appliances is perfect for entertaining! This home has been finished with organizers in the in-suite storage room as well as the sizable walk in closet. Terrific attributes in the building including a covered + secured parking stall, gym, guest suite, and a large amenities room - perfect for larger parties! This building allows rentals and pets.

New Listing 322 - 5800 Andrews Road, Richmond, British Columbia


V1058860 - 322 - 5800 Andrews Road, Richmond, British Columbia, CANADAView my new listing for sale at 322 - 5800 Andrews Road, Richmond and currently listed at $273,000.

This HUGE one bedroom "Villas at Southcove" home offers enjoyable and comfortable living with both in-floor hot water radiant heating and a gas fireplace included in your strata fees. At nearly 750 SQFT its one of the largest 1 bed floor plans within the area. This home offers brand new engineered hardwood flooring, new carpet in the bedroom, new blinds and new dishwasher. This home includes 1 secured parking space and storage lockers that are for rent upon availability. The quiet location overlooking the Farm Lands and Mt Baker enables you to enjoy the Steveston lifestyle with the river, boardwalk and Village at your doorstep. Check this home out!

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New Listing 103 - 5800 Andrews Road, Richmond, British Columbia


V1056886 - 103 - 5800 Andrews Road, Richmond, British Columbia, CANADAView my new listing for sale at 103 - 5800 Andrews Road, Richmond and currently listed at $445,000.

The Villas -- This BRIGHT SOUTHERN-exposed GROUND-LEVEL home offers enjoyable and comfortable living in nearly 1100 SQFT. The open concept 2 bedroom, den and 2 full bathroom floor plan with 9ft ceilings gives you flexibility. The spacious , private, SOUTHERN-exposure 18'x20' patio extends your living area - perfect for the BBQ & entertaining! This very well kept home has been outfitted w/engineered hardwood flooring & tile, newly installed appliances, custom blinds, & fresh paint. The home offers in-floor hot water radiant heating & a gas fireplace which are both included in your strata fees. The quiet location enables you to enjoy the Steveston lifestyle with the river, boardwalk &Village at your doorstep. Call today!

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New Listing 4755 Duncliffe Road, Richmond, British Columbia


V1038704 - 4755 Duncliffe Road, Richmond, British Columbia, CANADAView my new listing for sale at 4755 Duncliffe Road, Richmond and currently listed at $998,800.

An absolutely stunning, spacious home with modern design features including a metal roof, HardiePanel fa?ade, south-facing rooftop deck, outdoor water feature and outdoor in-ground lighting, this 4 bathroom, 3 bedroom plus games room show stopper is sure to please. The games room boasts its own 2-piece bathroom and grants access to the stone-tiled rooftop deck which conveniently has hook-ups for gas, water and power -thoughtfully designed with your entertainment needs in mind. Other attentive design features include the huge kitchen island, radiant in-floor heating throughout the home, sprinkler system and paving-stone driveway. Call today to view this neighbourhood gem.

New Listing 320 - 5600 Andrews Road, Richmond, British Columbia


V1056499 - 320 - 5600 Andrews Road, Richmond, British Columbia, CANADAView my new listing for sale SOLD at 320 - 5600 Andrews Road, Richmond and currently listed at $260,000.SOLD

THE LAGOONS - Private, peaceful and charming WEST facing 1 bedroom home overlooking lagoons and landscaped gardens with a covered, extra large, west-facing balcony right off the living room for you to BBQ on while taking in beautiful spectacular sunset vistas. This immaculately clean home has plenty to offer - new appliances, laminate flooring, 2" faux wood blinds and a sought after location! Stroll, run or bike along the community walkway to the waterfront boardwalk and the village with its quaint shops + restaurants. Pet friendly! Strata Fee includes gas, hot water + water/sewer bill.

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Home sale and listing activity continue to chart a steady path for the region’s housing market


April 2, 2014

Home sale and listing activity continue to chart a steady path for the region’s housing market

March home sales in Greater Vancouver outpaced last year’s total yet lagged the region’s historical average for the month.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,641 on the Multiple Listing Service® (MLS®) in March 2014. This represents a 12.5 per cent increase compared to the 2,347 sales recorded in March 2013, and a 4.4 per cent increase compared to the 2,530 sales in February 2014.

Last month’s sales were 17.2 per cent below the 10-year sales average for March of 3,190.

The sales-to-active-listings ratio currently sits at 18.2 per cent in Greater Vancouver, which is unchanged from last month.

“We continue to see steady and stable market conditions across the Greater Vancouver housing market,” said Ray Harris, REBGV president. “There has been a consistent balance between home seller supply and home buyer demand in our marketplace over the last year.” 

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,281 in March. This represents a 9.1 per cent increase compared to the 4,839 new listings in March 2013 and a 12.4 per cent increase from the 4,700 new listings in February. Last month’s new listing count was 5.9 per cent below the region’s 10-year new listing average for the month.

The total number of properties currently listed for sale on the Greater Vancouver MLS® is 14,472, a 6.4 per cent decline compared to March 2013 and a 7.9 per cent increase compared to February 2014.

“Home prices in the region have experienced incremental gains in most areas and property types over the last 12 months,” Harris said. “It’s important to remember that this is a diverse marketplace and trends will vary depending on area and property type.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $615,200. This represents a 3.7 per cent increase compared to March 2013.

Sales of detached properties in March 2014 reached 1,116, an increase of 19.6 per cent from the 933 detached sales recorded in March 2013, and a 5.7 per cent decrease from the 1,183 units sold in March 2012. The benchmark price for detached properties increased 4.2 per cent from March 2013 to $945,400.

Sales of apartment properties reached 1,106 in March 2014, an increase of 12.6 per cent compared to the 982 sales in March 2013, and a 7.1 per cent decline compared to the 1,191 sales in March 2012. The benchmark price of an apartment property increased 3.8 per cent from March 2013 to $375,800.

Attached property sales in March 2014 totalled 419, a 3 per cent decline compared to the 432 sales in March 2013, and a 16.2 per cent decline from the 500 attached properties sold in March 2012. The benchmark price of an attached unit increased 1.3 per cent between March 2013 and 2014 to $460,100. 

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