Just Listed: 201 2958 Whisper Way, Coquitlam, Westwood Plateau

Huge Covered Balcony

Updates Throughout

2 Bed, 2 Bath, 974 sqft

Price at $624,800

Welcome to this 2bed/2bath/974SF open concept home. ¾" bamboo flooring in main areas and marble in baths. Spacious kitchen w/newer gas stove, maple cabinets & breakfast bar overlooking separate dining area & living room with cozy F/P and wall to wall windows. Enjoy the massive fully covered balcony for all season entertaining. Master bedroom accommodates king size suite, walk in closet and 5 pce ensuite. 2nd bedroom on opposite side of suite next to full bath and laundry with newer washer/dryer. 2 parking spaces close to elevator, locker room & bike storage. Cascade Clubhouse includes fitness room, outdoor pool & much more. Don’t miss out!!! Central location – walk to Skytrain, Douglas College & all levels of schools, community center, shopping, parks & more. Act now – call for showings.

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Record-Setting Month for BC Homes Sales

The British Columbia Real Estate Association (BCREA) reports that a total of 15,073 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in March 2021, an increase of 123.3 per cent over March 2020 and a new all-time record for monthly BC home sales. The average MLS® residential price in BC was $947,707, a 20.4 per cent increase from $787,032 recorded in March 2020. It should be noted that average prices across the province are being skewed higher as more expensive single-detached homes remain a higher share of dollar volume during the pandemic. Total sales dollar volume was $14.3 billion, a 168.9 per cent increase from last year.

“Home sales in the province shattered the previous record, led by markets in the Lower Mainland,” said BCREA Chief Economist Brendon Ogmundson. “While mortgage rates have risen in recent months and a modest tightening of mortgage regulations is on the horizon, market activity is expected to remain very strong through the spring.”

Total active residential listings were down 24.4 per cent to 22,337 units in March. The total inventory of homes for sale remains severely depleted, but new listings activity has accelerated in response to high prices.

“While the total supply of re-sale listings remains at crisis levels, many markets saw record new listings activity in March. Strong new listings activity will need to continue for some time before markets will see a healthier balance with less pressure on home prices,” said Ogmundson.

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Provided by: BCREA


Just Listed: 303 511 Rochester Ave., Coquitlam, Coquitlam West

Huge 1 Bed & Den Home

Excellent Central Location

Priced at $498,800

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Looking for more space? Working from home and need an office? Well look no further. Your search ends here with this massive home located at Encore, a concrete hi-rise building in the heart of Coquilam West. With a location to beat, this 1 bed + den, 1 bath, 771 sqft home is close to every amenity you need: shopping, recreation, dining, transit, Skytrain & more. Features: freshly painted, open plan, bamboo floor, large kitchen w/loads of cupboard & granite counter space, SS appl, breakfast bar & dining area & plenty of insuite storage. Enjoy the cozy F/P. The large master has huge walk-in closet & cheater ensuite to a 4 pc bath. BBQ all year round from the well sized covered balcony. Bonus: huge den w/doors, parking & storage. Act now! Call for your private showing.


Solid First Quarter of 2021
I cannot thank my clients enough for making the first quarter of 2021 such a solid start to  the year. Lets see where we go on the next month & quarter. Congrats to the other realtors.

Just Listed: 413 9150 University High St, Burnaby, Burnaby North, SFU

Gorgeous Southern Views

3 bed, 3 bath, 1265sqft

Priced at $768,800

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Stunning South facing, top floor corner home with endless views from every room! Located in Origin, found at UniverCity; Vancouver's premier lifestyle neighborhood. This 3bed/3bath/1265sqft home with open, spacious plan and an abundance of light will not disappoint. Features: freshly painted, 9' ceilings, laminate floors w/radiant heat, functional kitchen & large island w/breakfast bar, gas stove, stone counters, plenty of cupboard & counter space, loads of in-suite storage, excellent sized balcony w/gas hookup & more. The large master offers pass-through closets & updated spa inspired 5pc ensuite w/soaker. 2nd bed has 3pc ensuite & balcony & the 3rd bed is well sized. Bonus; strata includes heat, gas & hot water. 2 side-by-side parking & storage & rental/pet friendly. Act Now! Call today.


March home sales and new listings set records in Metro Vancouver

Home buyer and seller activity reached unprecedented levels across Metro Vancouver* in March.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 5,708 in March 2021, a 126.1 per cent increase from the 2,524 sales recorded in March 2020, and a 53.2 per cent increase from the 3,727 homes sold in February 2021.

Last month’s sales were 72.2 per cent above the 10-year March sales average and is the highest monthly sales total ever recorded in the region.

“In March, residents bought and listed homes across our region at levels not seen before,” Taylor Biggar, REBGV Chair said. “This surge in activity is increasing upward pressure on prices. We’re beginning to see double-digit price gains for single-family homes and townhomes over the last 12 months.”

Demand was most pronounced in rural and suburban areas. Delta – South saw a 195.8 per cent increase in sales over 2020 – the largest increase in Metro Vancouver. This was followed by Whistler, which experienced a 194.7 per cent increase, and Squamish, which saw a 188.6 per cent increase in sales.

There were 8,287 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in March 2021. This represents an 86.8 per cent increase compared to the 4,436 homes listed in March 2020 and a 64.2 per cent increase compared to February 2021 when 5,048 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 9,145, a 4.8 per cent decrease compared to March 2020 (9,606) and a 9.4 per cent increase compared to February 2021 (8,358).

This is 18.6 per cent below the 10-year March total listings average.

“While we did see a record number of listings enter the market last month, the demand in today’s market isn’t allowing that new supply to accumulate. As a result, the overall inventory of homes for sale decreased compared to last year,” said Biggar.

For all property types, the sales-to-active listings ratio for March 2021 is 62.4 per cent. By property type, the ratio is 52.9 per cent for detached homes, 79.9 per cent for townhomes, and 65.4 per cent for apartments.

Generally, analysts say 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.

“Today’s activity can be attributed, in part, to an economy that’s showing signs of recovery, historically low interest rates, high demand for space, and increased household savings,” Biggar said.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is $1,123,300. This represents a 9.4 per cent increase over March 2020 and a 3.6 per cent increase compared to February 2021.

Sales of detached homes in March 2021 reached 1,965, a 130.6 per cent increase from the 852 detached sales recorded in March 2020. The benchmark price for a detached home is $1,700,200. This represents a 17.9 per cent increase from March 2020 and a 4.9 per cent increase compared to February 2021.

Sales of apartment homes reached 2,697 in March 2021, a 128.8 per cent increase compared to the 1,179 sales in March 2020. The benchmark price of an apartment is $715,800. This represents a 3.7 per cent increase from March 2020 and a 2.6 per cent increase compared to February 2021.

Attached home sales in March 2021 totalled 1,046, a 112.2 per cent increase compared to the 493 sales in March 2020. The benchmark price of an attached home is $872,200. This represents a 10.4 per cent increase from March 2020 and a 3.9 per cent increase compared to February 2021. 

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Provided by: REBGV


Just Sold: 509 9298 University Cr., Burnaby, Burnaby North, SFU

NOVO I, concrete building in desirable SFU community, Burnaby campus. Spacious & bright open floor plan, great location, 1 BR & 1 Bath condo. Move in ready this well maintained home with beautiful granite countertops, lots of built-in cabinets, tile, newer laminate flooring and in-suite laundry. Only steps to SFU restaurants, shops, Nester's Market, Transit and many hiking/biking trails. Enjoy the spectacular southern views of green belt, and beyond from your large private balcony. No-one above this unit, a setback design of the building. Pets allowed and no rental restrictions, makes this a very attractive investment. Amenities include Exercise & Party rooms, 1 secured underground parking & ample visitors parking.

Listing Offered by: SRS Westside Realty

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