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Hi everyone,
Wow - it's the middle of October already! I hope everyone enjoyed a wonderful Thanksgiving weekend with friends and family. One more day for our household, and the turkey left-overs will be gobbled up...
And that means Christmas is just around the corner. I cam across this greate article the other day on how to budget for the holidays to avoid the stress and unintentional over-spending. Hope you find a few useful tips. |
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There's been plenty of attention on the real estate market in local media; here's a few articles of note:
Stats Can reported a drop in the prices of new homes in Metro Vancouver for the month of August - HST concerns?
Check out the photos: Vancouver's home prices continue to differ greatly Eastside vs Westside
More pics: the 20 cheapest homes for sale in Vancouver
Tech saavy, information-hungry homebuyers take the initiative and are driving change in the buying/selling process.
The Globe and Mail feels that now is the time to consider a fixed rate mortgage
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The top 3 reasons to visit my website!
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Market Statistics for September 2011
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The September stats packages from the Real Estate Board of Vancouver and the Fraser Valley Real Estate Board are available on my website at How's the Market?
Metro Vancouver Highlights: House listings continue to rise, shifting into the top-end of a buyers market.
Fraser Valley Highlights: More listings, fewer sales keeping a lid on home prices
Let's look more closely at the September stats for single-family homes across the region. Vancouver West now tops $2M mark!
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Area |
Benchmark Price |
1 Year Change | |
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Burnaby |
$949,389 |
23.1% | |
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Coquitlam |
$725,525 |
3.2% | |
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South Delta |
$733,611 |
11.2% | |
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Maple Ridge |
$452,516 |
0.5% | |
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New Westminster |
$636,167 |
9.7% | |
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North Vancouver |
$973,469 |
11.1% | |
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Pitt Meadows |
$516,971 |
-5.2% | |
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Port Coquitlam |
$561,750 |
8.2% | |
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Port Moody |
$803,474 |
7.7% | |
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Richmond |
$1,077,967 |
21.8% | |
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Vancouver East |
$841,509 |
15.7% | |
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Vancouver West |
$2,030,720 |
24.5% | |
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West Vancouver |
$1,716,247 |
18.9% | |
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North Delta |
$536,958 |
2.2% | |
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North Surrey |
$499,917 |
6.2% | |
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Surrey |
$544,281 |
6.7% | |
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Cloverdale |
$557,273 |
2.6% | |
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S Surrey/White Rock |
$883,468 |
16.0% | |
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Langley |
$531,248 |
2.5% | |
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Abbotsford |
$425,012 |
-0.7% | |
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Mission |
$346,128 |
-3.8% |
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The tables above can be rather boring, so below are a selection of houses that sold during September at or near the benchmark prices above. If you'd like additional information, let me know! |
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MLS# V907298
Van East, Renfrew
List Price $795K
18 Days on Mkt | |
MLS# V908402
Coquitlam, Ranch Park
List Price $725K
8 Days on Mkt | |
MLS# V896854
Pitt Meadows, S Meadows
List Price $525K
89 Days on Mkt |
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MLS#V899377
Richmond, Garden City
List Price $1.098M
62 Days on Mkt | |
N Surrey, Cedar Hills
List Price $500K
38 Days on Mkt | |
Cloverdale
List Price $549K
16 Days on Mkt |
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Happy sunny Thursday! It would be a great day to play hookey, but there's much work to be done. For those of you who do find yourself with spare time, I've discovered this great website www.findfamilyfun.com that has a wonderful calendar of special events happening during October, and they're not just for kids!
Enjoy!
Kathy
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Refer someone you care about to someone you trust
Kathy Plante
604-329-1405
Sutton Group - West Coast Realty
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