Gorgeous Southern Views
3 bed, 3 bath, 1265sqft
Priced at $768,800
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.
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.
Provided by: REBGV
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
Fabulous family home, situated on a quiet street with a huge fenced yard! Lot is 7920 square feet, and this home offers 3 spacious bedrooms and living room, with a good size kitchen & eating area with door leading to the deck and huge back yard. Well maintained, good appliances & air conditioning. Separate entry to basement, good ceiling height with a large size Rec room. Just steps away from Como Lake, great family area, nice surrounding homes.School Catchment: Harbour View Elementary & École and Dr. Charles Best Secondary.
Listing Offered by: Nu Stream Realty Inc.
Top Floor
2 bed, 2 bath, 783sqft.
$425,000
This 968 sf 2 BR 2 BA CORNER UNIT enjoys immediate access to the Market and an easy walk to Simon Fraser University. POLYGON QUALITY includes SS appliances, rich laminate flooring, gourmet kitchen inc engineered stone countertops with full height glass backsplash and track lighting. In floor radiant hot water heating system for total comfort. SECURITY includes key fob entry to well lit parkade (with cameras) and all common areas. Hurry to view!
Listing Offered by: Unilife Realty Inc.
Beautiful waterfront property! Wake every morning and enjoy your first sip of Java looking out on a gorgeous, still sheet of water. Own your own private dock. Soak in the peace and quiet and serenity. Look no further. This 5850sqft level lot has been cleared, undergone both a geotechnical and erosion control plans and has passed Alternation Permit under the BC Archaeology Branch. Building plans available for a 5700sqft+ 3 level Home. Act Now!
The British Columbia Real Estate Association (BCREA) reports that a total of 10,918 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in February 2021, an increase of 89.1 per cent over February 2020 and over a thousand sales higher than the previous February record, set in 2016. The average MLS® residential price in BC was $889,584, a 17.3 per cent increase from $758,382 recorded in February 2020. Total sales dollar volume was $9.7 billion, a 121.8 per cent increase from last year.
“Near-record sales in Metro Vancouver, combined with unprecedented housing demand outside of Metro Vancouver, continues to drive a blistering pace of home sales in BC,” said BCREA Chief Economist Brendon Ogmundson.
Total active residential listings were down 28.7 per cent to 20,185 units in February, the lowest level of provincial active listings on record, going back to 2000. Fortunately, new listings have increased considerably, but given the pace of sales, total inventory of homes for sale remains severely depleted.
“There is a drought of resale inventory across the province,” added Ogmundson. “With so few listings, and with so much demand for single-detached homes, average prices have increased dramatically.”
Privided by: BCREA
Spacious, Open Plan
2 bed, 2 bath 849sqft
Clean & Move-In Ready
Priced at $488,000
Soak-up the beautiful green space, mountain top & City light views from this bright South East 2bed, 2bath, 849sqft home. Located in Aurora, a concrete rental & pet friendly building in UniverCity, Vancouver's premier lifestyle neighborhood. Features: freshly painted, laminate floors, new blinds, open layout, stainless appl, granite counters, newer W/D & plenty of cupboard/counter & closet space. The spacious master has 4pc ensuite, walk-in closet & a view. The 2nd bed is well sized. Enjoy BBQs on the covered balcony. Bonus: locker, parking & well-appointed gym. Benefit from all UniverCity offers: world class childcare facility, short stroll to Campus, Nesters grocery, elementary school, hiking/biking trails, close proximity to Downtown & so much more. Act Now! Book your private showing.
Honoured to be made the top 3 agents in my office for the month of February. Thank you to all my clients that enabled this to happen.
Top Floor
2 bed, 2 bath, 783sqft.
$425,000
Bright South facing home with over height ceilings. Spacious open floor plan. Welcome to The Benjamin, located in the heart of Langley City close to all sort of amenities: schools, shopping, dining and so much more. This 2 bed, 2 bath, 783sqft home features granite counters, stainless appliances, quality laminate flooring throughout, plenty of cupboard and counter space, large laundry closet with extra storage, tons of windows & more. The large master has pass through closets & ensuite with double sinks. The 2nd bed is well sized. Bonus: parking, rental & pet friendly. Something for everyone: investors, first time buyers or downsizing couples. Act Now! Book your private viewing today.
Call 604-377-3689 or Email me today and let's discuss your next home sale or purchase.
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.