Huge Balcony
Updated Throughout
Excellent Location
Priced at $624,800
Just Sold: 201 2958 Whisper Way, Coquitlam, Westwood Plateau
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...always looked out for our best interests
Hafez has been a pleasure to work with. His timeliness, business acumen, and negotiation skills were invaluable to us securing our first home purchase. We also appreciate the fact that he's transparent, patient, and has always looked out for our best interests. We highly recommend connecting with Hafez for any real estate inquiries.
S. & P. J
Just Sold: 121 9399 Odlin Road., Richmond, West Cambie
Welcome to the highly sought-after Mayfair Place by Polygon- Well-kept corner ground-level inside unit with Air-Conditioning, 2 bedrooms 2 baths 1039sq.ft of living space. Functional kitchen layout with S/S appliances, granite counter tops & lots of cabinet space. This home is bright & airy with North facing windows & 9ft ceiling. Private fenced patio just like in a townhome, perfect for those summer BBQ. Resort style clubhouse includes an outdoor pool, hot tub, gym, guest suite, ping pong & more. Centrally located, close by Walmart, T&T, Lansdown, Kwantlen, Skytrain & much more. Up to 2 Dogs/ Cats. Rental allowed. 1 Parking, 1 Storage Locker. Do not miss this one, call for showing!
Listing offered by: Re/Max Crest Realty
Just Listed: 404 9339 University Cr., Burnaby, Burnaby North, SFU
Immaculate Condition
3 Bed, 2 bath 1239sqft
Priced at $598,800
This bright, open 1239sqft/3bed/2bath corner home has large windows with plenty of natural light. Enjoy the treed lined views & sounds of nature from your covered balcony. Located in Harmony at the Highland, a pet & rental friendly building, in UniverCity, Vancouver's premier lifestyle neighborhood. Features: freshly painted, open living & dining rooms, excellent room separation, spacious kitchen w/eating area & newer stainless appliances & more. Enjoy cozy warmth from the gas F/P. The huge master fits kings size furniture, has ensuite w/soaker & walk-in closet. Both 2nd & 3rd bedrooms are well sized. Bonus: parking, locker & gym facilities. Close to: transit, shopping, indoor/outdoor recreation & a host of perks available only to UniverCity residences. Do not miss your chance! Act Now!
Hafez gave great advice, made the process seamless...
Hafez Panju is by far the best realtor that I’ve ever worked with. He recently helped my son, a first-time home owner, buy his first condo. Hafez gave great advice, made the process seamless, and seemed to be available 24/7. He knows the market and consistently went above and beyond for us. My son looks forward to recommending him to all of his friends when they are ready to purchase their first home.
K. D. & J. D.
Supply response emerges in Metro Vancouver’s active housing market
Home sellers have become increasingly active in Metro Vancouver’s* housing market this spring in response to heightened demand and rising home values that have materialized during the pandemic.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 4,908 in April 2021, a 342.6 per cent increase from the 1,109 sales recorded in April 2020, and a 14 per cent decrease from the 5,708 homes sold in March 2021.
Last month’s sales were 56.2 per cent above the 10-year April sales average and is the highest total on record for the month.
"Our housing market has changed considerably from one year ago when COVID-19 concerns brought activity to a near standstill,” Keith Stewart, REBGV’s economist said. “This was followed by a well-documented spike in home buyer demand across the region. So far this spring, we’ve seen a corresponding supply response from home sellers."
There were 7,938 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in April 2021. This represents a 243.2 per cent increase compared to the 2,313 homes listed in April 2020, a 4.2 per cent decrease compared to March 2021 when 8,287 homes were listed and is the highest new listing total ever recorded in the region in April.
"While homes are now being listed at record levels, more supply is needed to meet today's demand and help market conditions achieve greater balance," Stewart said.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 10,245, a 9.1 per cent increase compared to April 2020 (9,389) and a 12 per cent increase compared to March 2021 (9,145).
Today’s active listings total is 11.2 per cent below the 10-year April average.
For all property types, the sales-to-active listings ratio for April 2021 is 47.9 per cent. By property type, the ratio is 37.4 per cent for detached homes, 70 per cent for townhomes, and 51.5 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.
“Record low interest rates, increased household savings, a strengthening economy and a continued focus on living space during the pandemic are all factors that are helping to bolster demand while steady price growth is encouraging more sellers to list their homes,” Stewart said.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,152,600. This represents a 12 per cent increase over April 2020 and a 2.6 per cent increase compared to March 2021.
"With our market at record activity in recent months, and with the continued safety risk that COVID-19 poses, REALTORS® remain focused on helping their clients make sound and responsible buying and selling decisions today while continuing to strictly follow the pandemic safety protocols established for real estate in our province," Taylor Biggar, REBGV Chair said.
Sales of detached homes in April 2021 reached 1,655, a 326.5 per cent increase from the 388 detached sales recorded in April 2020. The benchmark price for a detached home is $1,755,500. This represents a 20.9 per cent increase from last year and a 3.2 per cent increase compared to March 2021.
Sales of apartment homes reached 2,289 in April 2021, a 355.1 per cent increase compared to the 503 sales in April 2020. The benchmark price of an apartment home is $729,600. This represents a 5.9 per cent increase from April 2020 and a 1.9 per cent increase compared to March 2021.
Attached home sales in April 2021 totalled 964, a 342.2 per cent increase compared to the 218 sales in April 2020. The benchmark price of an attached home is $900,900. This represents a 13.9 per cent increase from April 2020 and a 3.3 per cent increase compared to March 2021.
Provided by: REBGV
Just Sold: 303 511 Rochester Ave., Coquitlam, Coquitlam West
Huge 1 Bed & Den Home
Excellent Central Location
Priced at $498,800
Just Listed: 20 1125 Kensal Place, Coquitlam, New Horizons
Excellent Central Location
Large Fenced Yard
3 Bed, 3 Bath, 1447sqft
Priced at $889,800
Welcome to Kensal Walk located in Windsor Gate, Polygon's master plan community in the Heart of Coquitlam. This bright, spacious move-in ready 3bed/3bath/1447sqft home has a desirable plan w/large, fenced yard directly off the kitchen; perfect for young kids & Fido. Main: open concept, kitchen w/granite counters, SS appls, eating area & breakfast bar, generous size living & dining rooms, & w/2pc powder room. Up: has large master w/plenty of closet space, 5pc ensuite, 2 excellent sized rooms, 4pc bath & laundry. Lower: has tandem garage w/extra nook space & plenty of additional storage. Enjoy the 15,000sqft resort-inspired amenity center with pool, fitness studio, gym, lounge & more. Close to: shopping, parks, hiking/biking trails, schools & Skytrain. Act Now! Call for showings details.
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.
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.
Provided by: BCREA
Just Listed: 303 511 Rochester Ave., Coquitlam, Coquitlam West
Huge 1 Bed & Den Home
Excellent Central Location
Priced at $498,800
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.
Just Sold: 432 Draycott St., Coquitlam, Central Coquitlam
Royal LePage West Real Estate Services
2185 Austin Avenue
Coquitlam, British Columbia V3K3R9
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.