I have sold a property at 304 3727 10TH AVE W in Vancouver.
A diamond in the rough, an opportunity not to be missed! This 2 level, 2 bd, 2 ba rainscreened TH at the edge of Kits is highlighted by a rooftop deck with INCREDIBLE mountain views. Facing north, this quiet home has a clever reverse floorplan. On the upper level is a large, sunken living room w/gas f/p + juliette balcony. There's a spacious dining room that's open to a well-laid out kitchen + breakfast/office nook. Did I mention the rooftop deck? It's just a short flight of stairs to your new favorite "room". The lower level is where you'll find the bdrms, incl. a primary suite w/bay window + 4 pc enst. w/soaker. A little vision can make this home shine once again! PETS/RENTALS ALLOWED. NEIGHBORHOOD: Walk to Jericho/Spanish Banks. Transit at your door. Close to excellent schools, parks restaurants + cafes.
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In the last week (Week 39 - September 19th - 25th, 2021) we had a bit of a surprise in the Vancouver real estate market. The last couple weeks saw a very consistent increase in activity across the board. However, this past week gave us a bit of a surprise.

Sales continued to ramp up, reaching 240 in the past week (up from 218 in the previous week). That's the highest number of sales that we've had in Vancouver since way back in Week 25 (mid-June).

The surprise of the week was that new listings dropped quite significantly. We went from 440 last week (and 492 the week before) down to just 339...at a time where we usually see listing inventory build.

With that increase in demand and the drop in new listings we ended up with overall active listings falling slightly to 3,598 (down from 3,616). For the first time in a month we moved well into an overall seller's market with just 3.75 MOI.

Every sub-market (with two exceptions) was in a seller's market in the past week. The hottest sub-market continued...

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It looks as though the fall market has arrived. The 38th Week of 2021 (September 12th - 18th) was the first full week after the Labour Day long weekend...and with that we officially moved out of a traditionally slower period.
 
Sales rose for the first time in a month. Moving solidly over the 200 mark to 218 (from a low of 166). Overall active listings also rose for the second week in a row to 3,616 (from 3,487). New listings had a strong week but did dip from 492 to 440.
 
Our market found itself in a balanced market with 4.15 months-of-inventory...the lowest number we've seen in a month...and edging once more to a seller's market.
 
Nearly every sub-market saw increasing demand in the last week. The hottest sub-markets in the last week were townhouses across the city, but specifically East Van (2.3 MOI) and the Westside (2.69 MOI). The only sub-market to move in the opposite direction was Westside houses. That market wen from 9.03 MOI to 10.35 and saw just 18 sales.
 ...
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I have listed a new property at 304 3727 10TH AVE W in Vancouver.
A diamond in the rough, an opportunity not to be missed! This 2 level, 2 bd, 2 ba rainscreened TH at the edge of Kits is highlighted by a rooftop deck with INCREDIBLE mountain views. Facing north, this quiet home has a clever reverse floorplan. On the upper level is a large, sunken living room w/gas f/p + juliette balcony. There's a spacious dining room that's open to a well-laid out kitchen + breakfast/office nook. Did I mention the rooftop deck? It's just a short flight of stairs to your new favorite "room". The lower level is where you'll find the bdrms, incl. a primary suite w/bay window + 4 pc enst. w/soaker. A little vision can make this home shine once again! PETS/RENTALS ALLOWED. NEIGHBORHOOD: Walk to Jericho/Spanish Banks. Transit at your door. Close to excellent schools, parks restaurants + cafes. OPEN SAT/SUN SEP 18/19 2pm - 4pm + TUE Sep 21 10:30am - 12pm.
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The last week in the Vancouver real estate market was another quiet one. That shouldn't be a surprise to anyone as it was the week of the Labour Day long weekend.
You'll have heard me talk about it before, but long weekends always have a significant impact on the market. And this is the biggest one of the year when just about everyone squeezes in their final summer holiday...and just about the last thing they are thinking about is buying real estate.
That would explain why total sales were down to just 166. That's the lowest number of sales we have seen since Week 3 way back in January of this year. 
Meanwhile, new listings rose dramatically to just shy of 500. Total active listings jumped to just shy of 3,500. Again, no surprise there as many agents and their clients are positioning themselves for the fall market...a time when we often see listings rise after the summer holidays are behind us.
The only sub-market that was still in seller's territory was East Van condos. Every other...
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Vancouver Real Estate – Monthly Market Update – Infographic – August 2021

August was characterized by unexpected demand in the Vancouver real estate market.

It's typically one of the quieter months of the year. Many Vancouverites (and their realtors) take their final holidays before the end of the summer. The result, is that August is typically more subdued than most months.

That pattern held true for the number of listings on the market. There were a total of 3,483 total active listings. A number that has been declining steadily from the high of 4,227 we hit back in May. This was marginally (3.8%) lower than the 10-year average and 7.8% below July's total.

And while the supply was low, demand was higher than usual. There were 892 sales in August which was just 4% below July's 939 sales and a whopping 11.7% over the 10-year average.

Unusually for this time of year, we found ourselves in a seller's market with 3.86 months-of-inventory. This was led by the townhouse market which saw the greatest strength (2.59 MOI) and the condo market (3.03 MOI).

Every indication...

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I have sold a property at 441 E 36TH AVENUE.
Substantially renovated in 2011, this functional family home sits on a huge 44’ x 100.15’ lot in the heart of Mount Pleasant. The main level offers an open concept living space; deck for al fresco entertaining off the dining room; hardwood floors; recessed & coved ceilings; & 3 generously-sized bedrooms. Downstairs offers a fully finished basement w/ separate entry; additional bed & bath; media room & plenty of space for both a recreation room & home office. Outside offers a detached garage w/ lane access, large patio space, & fully fenced yard. Prime location, steps from the shops, services, & amenities of Main Street, parks, recreation, excellent schools, and transit.
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I have sold a property at 208 2150 BRUNSWICK STREET.
Fantastic 844 sqft, 2 bedroom home at Mount Pleasant Place! You’ll love living in this great suite with updated kitchen and bathroom and featuring granite kitchen counters, laminate floors, very spacious room sizes plus a flex room. Morning coffee on your sunny balcony will become your favorite time of day & you'll be able to walk to all the Main St & Olympic Village shopping & restaurants. This very proactive strata has been doing lots of work too: new windows 2017, updated common areas 2016, plumbing 2015, balconies 2009, roof 2006 and a new elevator is coming soon and is paid for. Parking & storage locker included, shared laundry on every floor, plus rentals are ok & 1 pet is welcome. This is a must see! Showings by appt: Thurs, Apr 1, 4-6 and Sat, Apr 3, 2-4.
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I have listed a new property at 2201 555 JERVIS ST in Vancouver.
Luxurious, waterfront living with views from every room. This spacious NW facing 2 bd (+den) + 2 BA is located at Harbourside Park, one of Arthur Erickson's masterpieces. The curved panoramic floor-to-ceiling windows will allow you to watch the seasons change, the boats sail by + the seaplanes land every day of the year. No need for a TV! The master suite features an in-suite bath as well as an office nook with killer views. The den offers flexibility as added storage, a 2nd office or even a jr. bedroom. BUILDING: Parking + Locker incl. Luxury amenities incl. gym, pool, hot-tub, steam room, meeting room, theatre, roof deck + 24 hr security. NEIGHBORHOOD: Steps to Stanley Park, superb restaurants, seawall and marina. Just 30 min. to the mountains with the city at your doorstep!
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I have sold a property at 1697 BRAID RD in Delta.
Have you been waiting for that special gem to come on the market? Well, here it is! You will fall in love with this absolutely gorgeous 2838 sf family home in Beach Grove full of natural light, charm and attention to detail. Owned by Master Craftsman who added many special features like French doors, crystal knobs, refinished hardwood floors & custom built-in cabinets. Quartz counters in kitchens and bathrooms. One gas & two w/b fireplaces. Almost new vinyl windows & tons of skylights. Freshly painted. Plenty of storage space plus 365 sf insulated & heated workshop/studio with 220/110 power. 900 sf rental suite on lower level. Lovely landscaped yard with I/G sprinkler syst. Gas line to BBQ. Two large decks to enjoy. Must be seen to be appreciated. Open House Aug 28 & 29 from 1-3 by appt. View youtube video https://www.youtube.com/watch?v=8v9V3u8y8yA
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