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Hi everyone!
Sun, sun, sun - the May long weekend is here! Make sure to take time to enjoy the great weather. If you don't have plans, you may want to check out one of these events: Cloverdale Rodeo, Hyack Festival, or the May Day celebrations in Fort Langley. For those music lovers who like to plan ahead, here's a list of all this summer's music festivals.
And the other exciting aspect of May is that all those April showers brought flowers! Check out this condo perfect for gardeners and entertainers - a huge rooftop terrace with a fabulous mature garden (OK, guility, shamelessly promoting my new listing). Call me if you know a potential buyer.... |
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May's real estate/mortgage tidbits, in photos and videos:
Cross-Canada tour of homes priced at $800K.
Check out the 35 cheapest homes on Vancouver's west side
If those are too expensive, here's the 35 'bargains' on the market in Vancouver East
How big a factor should penalties be when selecting a mortgage?
Here's the May 2012 housing market update from BCREA (province-wide view)
And here's the REBGV perspective on the Metro Vancouver market for April 2012
HGTV has a great library of great (and short) videos with tips on buying and selling real estate, and working with an agent |
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The top 3 reasons to visit my website!
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A picture is worth a thousand words. Below are selected homes that sold during April at prices near the benchmark prices in the next section. If you'd like more information on any property or neighbourhood, let me know! |
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MLS# V939988
West Van, British Properties
List Price $2.1M
34 Days on Mkt | |
MLS# V932931
Burnaby, Metrotown
List Price $998
45 Days on Mkt | |
MLS# V946241
Coquitlam, Central Coq
List Price $719K
3 Days on Mkt |
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MLS# V934471
NWest, Queensborough
List Price $699K
58 Days on Mkt | |
Cloverdale, Clayton
List Price $575K
30Days on Mkt | |
North Delta, Scotsdale
List Price $530K
18 Days on Mkt |
| Market Statistics for April 2012 |
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The April stats packages from the Real Estate Board of Greater Vancouver and the Fraser Valley Real Estate Board are available on my website at How's the Market?
REBGV reported that April home sales and listing activity maintained a consistent pace, which means balanced conditions for sellers and buyers. The FVREB reported that while April sales were slower than last year, there were more new listings. This kept prices in check which is good news for buyers
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Area |
Benchmark Price
$ |
1 Year Change |
House Price Index
(base 2005) | |
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Burnaby East |
755,200 |
8.2% |
171.9 | |
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Burnaby North |
924,200 |
8.9% |
180.0 | |
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Burnaby South |
974,200 |
8.6% |
189.9 | |
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Coquitlam |
712,000 |
5.3% |
156.9 | |
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Ladner |
651,200 |
8.0% |
156.4 | |
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Maple Ridge |
469,900 |
-0.2% |
131.7 | |
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New Westminster |
676,200 |
4.5% |
170.7 | |
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North Vancouver |
977,300 |
7.6% |
154.0 | |
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Pitt Meadows |
506,300 |
0.8% |
140.5 | |
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Port Coquitlam |
555,200 |
1.5% |
148.4 | |
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Port Moody |
805,000 |
2.6% |
153.2 | |
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Richmond |
1,031,400 |
0.5% |
206.7 | |
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Tsawwassen |
726,700 |
5.6% |
156.6 | |
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Vancouver East |
847,200 |
9.9% |
188.1 | |
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Vancouver West |
2,268,600 |
9.9% |
231.7 | |
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West Vancouver |
1,979,000 |
16.1% |
184.8 | |
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North Delta |
525,700 |
3.1% |
152.7 | |
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North Surrey |
537,200 |
3.8% |
151.5 | |
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Surrey Central |
556,200 |
5.1% |
148.4 | |
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Cloverdale |
569,200 |
2.0% |
140.6 | |
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S Surrey/White Rock |
910,700 |
8.7% |
166.7 | |
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Langley |
548,600 |
2.1% |
135.8 | |
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Abbotsford |
430,600 |
0.6% |
131.7 | |
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Mission |
367,300 |
-0.9% |
128.6 |
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If you or someone you know is trying to make sense of today's real estate market in general, and/or their local market conditions in particular, I'd be happy to help out. I'm never too busy to meet for a coffee and chat.
There's also a ton of data provided by the real estate boards regarding market performance and trends. Just ask and let's find the answers to your questions.
Enjoy the sunshine!
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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