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Just Sold: Stunning Renovated Condo with Panoramic Views in Metrotown

Congratulations to my amazing first-time buyer on securing a beautifully renovated home at Balmoral on the Park! With breathtaking views of the Georgia Strait and Vancouver Island, this condo offers the perfect mix of tranquility and city convenience. Nestled on a quiet, tree-lined street yet just steps from Central Park and Metrotown, this home truly has it all.

With a sales-to-active ratio of 13.20%, Burnaby’s condo market remains competitive, and winning this home required strategy, persistence, and a well-executed offer plan. Here’s how we made it happen!


🏡 Property Highlights: A Perfect Blend of Comfort & Convenience

  • MLS #: R2858028

  • Property Type: Condo

  • School Catchment:

    • Elementary: Maywood Elementary

    • Secondary: Burnaby South Secondary

💎 Why This Home Stood Out

✔️ Panoramic Views: Enjoy stunning sunsets over the Georgia Strait and Vancouver Island from the private covered balcony.
✔️ Fully Renovated: Modern upgrades throughout in a well-maintained concrete high-rise.
✔️ Resort-Style Amenities: Indoor swimming pool and sauna for year-round enjoyment.
✔️ Low Maintenance Fees: Heat and hot water included—a fantastic bonus for affordability.
✔️ Prime Location: Steps from SkyTrain, Central Park, Metrotown, and top-rated schools.


🚀 The Winning Strategy: How We Secured This Home

✅ Staying Confident in a Competitive Market

  • After experiencing a previous multiple-offer situation, my client was well-prepared and decisive this time around.

  • We acted quickly and made a strong, well-structured offer to stand out.

✅ Strong Communication & Negotiation

  • I maintained close communication with the listing agent, highlighting why my client was the right buyer.

  • Negotiation and persistence helped us secure the home without overpaying.

✅ A Smooth & Stress-Free Process

  • From offer to completion, I guided my client every step of the way, ensuring a seamless experience.

  • This wasn’t just about buying a condo—it was about finding the perfect fit for their lifestyle and future goals.


📍 Why Buyers Love Metrotown & Central Park

Metrotown is one of Burnaby’s most sought-after neighborhoods, offering a dynamic mix of shopping, dining, outdoor recreation, and transit connectivity.

🌳 Parks & Outdoor Spaces

  • Central Park – A 400-acre urban oasis featuring jogging trails, sports fields, an outdoor pool, and tennis courts.

  • Deer Lake Park – A scenic getaway for kayaking, walking trails, and cultural events.

🏫 Top Schools Nearby

  • Maywood Elementary – A well-rated school with strong community engagement.

  • Burnaby South Secondary – Offers Advanced Placement (AP) programs and strong athletics.

🛍️ Shopping, Dining & Transit Access

  • Metropolis at Metrotown – The largest shopping center in British Columbia, featuring over 400 stores, restaurants, and entertainment options.

  • Crystal Mall – A popular spot for Asian markets, dining, and specialty shops.

  • SkyTrain AccessMetrotown and Patterson Stations offer quick connections to Downtown Vancouver and beyond.


🎉 A Huge Milestone for Our First-Time Buyer

This wasn’t just about buying a condo—it was about securing a home that checked every box. From breathtaking views to modern upgrades and an unbeatable location, this home is the perfect fit for my client’s new chapter.


Thinking of Buying or Selling? Let’s Make It Happen!

🏡 Burnaby’s market is competitive, but with the right strategy, you can achieve top results. Whether you’re buying your first home or selling for maximum value, let’s make it a success!

📩 Contact us today to see how we can help you achieve your real estate goals!

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Just Sold: Fully Renovated Condo in Mount Pleasant – A Winning Strategy

A huge congratulations to our amazing clients on the successful sale of their beautifully renovated 2-bedroom condo at Scotia Place! This sale was a perfect example of how strategic pricing, expert marketing, and local market knowledge make all the difference.

With a sales-to-active ratio of 17.80%, Vancouver’s Mount Pleasant condo market remains competitive, but with the right approach, we secured full price after just two open houses—$82,500 more than a competing unit in the building!


🏡 Property Highlights: A Standout Home in Mount Pleasant

  • MLS #: R2856167

  • Property Type: Condo

  • Location: #206 319 E 7th Avenue, Vancouver

  • School Catchment:

    • Elementary: Mount Pleasant Elementary

    • Secondary: Vancouver Technical

💎 What Made This Home Special?

✔️ Fully Renovated & Move-In Ready: Professional updates and modern design elements made this home stand out.
✔️ Prime Location in Mount Pleasant: Steps from Main Street’s trendy cafés, shopping, and breweries.
✔️ Bright & Spacious Layout: A well-thought-out floor plan maximized space, light, and functionality.


🚀 The Strategy That Led to a Top-Dollar Sale

✅ Smart Pricing Over Multiple Offers

  • The same day our listing hit the market, a comparable unit in the building was listed.

  • The competing unit chose a multiple-offer strategy, but after analyzing the market, we advised against it—and our strategy paid off.

  • We priced strategically to highlight value, leading to full price after two open houses.

✅ Showcasing the Home’s Unique Value

  • Professional photography and high-quality marketing emphasized the home’s modern updates and superior finishings.

  • We positioned this property as the best choice in its price range, drawing serious buyers.

✅ Expert Negotiation & Seamless Collaboration

  • Open communication with the buyer’s agent ensured a smooth, professional transaction.

  • The result? A stress-free sale with fantastic results for our happy clients.


📍 Why Buyers Love Mount Pleasant

Mount Pleasant is one of Vancouver’s most desirable neighborhoods, known for its vibrant mix of culture, outdoor spaces, and urban convenience.

🌳 Parks & Outdoor Spaces

  • Dude Chilling Park – A local favorite for relaxing, socializing, and community events.

  • Jonathan Rogers Park – Featuring open green space, sports courts, and stunning city views.

  • Seawall Access – A short bike ride to Olympic Village and False Creek’s scenic waterfront pathways.

🏫 Top Schools Nearby

  • Mount Pleasant Elementary – A well-regarded community-focused school.

  • Vancouver Technical Secondary – Offers Advanced Placement (AP) programs and strong athletics.

🛍️ Shopping, Dining & Transit Access

  • Main Street Shops & Cafés – Home to boutique stores, craft breweries, and top-rated restaurants.

  • Kingsgate Mall & Broadway Corridor – Offering groceries, fitness centers, and daily conveniences.

  • SkyTrain & Rapid Transit Access – Easy connections to Downtown Vancouver, Burnaby, and beyond.


🎉 A Huge Win for Our Clients!

This sale proves that market expertise, pricing strategy, and strong negotiation skills can lead to exceptional results. Our clients walked away thrilled, and we couldn’t be happier for them!


Thinking of Selling? Let’s Make It Happen!

🏡 Mount Pleasant is a hot market, and getting top dollar requires the right strategy. Whether you’re selling or buying, we’re here to help you achieve the best results!

📩 Contact us today to see how we can help you maximize your real estate success!

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New property listed in Mount Pleasant VE, Vancouver East

I have listed a new property at 206 319 7TH AVE E in Vancouver. See details here

Welcome to Scotia Place in the heart of Mount Pleasant. Stroll down tree-lined street to enjoy your favorite shops, eateries, cafes, breweries, or the farmers market in the park where you might just chill, dude. Inside find home, beautifully renovated top-to-bottom, with the modern open living space you need and want. Kitchen features loads quite close cabinets for storage and quartz counter space to cook or pull up a stool. Exposed shelving space and the porcelain tile backsplash give the kitchen the taste you'll appreciate. The curbless glass shower is the feature of the bathroom update but you'll appreciate the under vanity lighting at night. If you're going to share laundry best that it's right at your door. Great strata recently completed windows, sliders, balconies.

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Open House. Open House on Saturday, March 9, 2024 2:00PM - 4:00PM

Please visit our Open House at 206 319 7TH AVE E in Vancouver. See details here

Open House on Saturday, March 9, 2024 2:00PM - 4:00PM

Welcome to Scotia Place in the heart of Mount Pleasant. Stroll down tree-lined street to enjoy your favorite shops, eateries, cafes, breweries, or the farmers market in the park where you might just chill, dude. Inside find home, beautifully renovated top-to-bottom, with the modern open living space you need and want. Kitchen features loads quite close cabinets for storage and quartz counter space to cook or pull up a stool. Exposed shelving space and the porcelain tile backsplash give the kitchen the taste you'll appreciate. The curbless glass shower is the feature of the bathroom update but you'll appreciate the under vanity lighting at night. If you're going to share laundry best that it's right at your door. Great strata recently completed windows, sliders, balconies.

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Open House. Open House on Sunday, March 10, 2024 2:00PM - 4:00PM

Please visit our Open House at 206 319 7TH AVE E in Vancouver. See details here

Open House on Sunday, March 10, 2024 2:00PM - 4:00PM

Welcome to Scotia Place in the heart of Mount Pleasant. Stroll down tree-lined street to enjoy your favorite shops, eateries, cafes, breweries, or the farmers market in the park where you might just chill, dude. Inside find home, beautifully renovated top-to-bottom, with the modern open living space you need and want. Kitchen features loads quite close cabinets for storage and quartz counter space to cook or pull up a stool. Exposed shelving space and the porcelain tile backsplash give the kitchen the taste you'll appreciate. The curbless glass shower is the feature of the bathroom update but you'll appreciate the under vanity lighting at night. If you're going to share laundry best that it's right at your door. Great strata recently completed windows, sliders, balconies.

Read

February 2024 Real Estate Market Update: Signs of a Strong Spring Market


February 2024 saw the Greater Vancouver real estate market gaining momentum, with increased sales activity and a significant rise in new listings. As inventory levels rise, both buyers and sellers are presented with unique opportunities to navigate this dynamic market.


Highlights from February 2024:

  • Sales Activity:
    Residential sales totaled 2,070, up 13.5% from February 2023. However, sales remain 23.3% below the 10-year seasonal average.

  • New Listings:
    A total of 4,560 properties were newly listed, marking a 31.1% increase compared to February 2023.


Sales-to-Active Listings Ratio:

  • Overall ratio: 22.4%, indicating a seller’s market, particularly in attached and apartment homes.

    • Detached homes: 16.0%

    • Attached homes: 27.9%

    • Apartments: 25.9%


Regional Highlights:

  • Burnaby:
    Burnaby North saw steady demand for apartments, with a benchmark price of $765,800, up 5.3% year-over-year. Townhomes in Burnaby South performed well, reflecting a balanced ratio of demand and supply. Detached homes across Burnaby recorded modest price growth, with a benchmark of $2,111,200, up 4.8% year-over-year.

  • New Westminster:
    Apartments remained a strong segment with a benchmark price of $648,000, a 6.1% increase year-over-year, continuing to attract first-time buyers.

  • Tri-Cities:
    Port Moody and Coquitlam saw heightened activity in the townhome market, with Coquitlam recording a benchmark price of $1,112,400, up 4.4% annually. Apartments in Port Moody also gained momentum, reflecting its appeal as a hub for young professionals and downsizers.

  • Vancouver East:
    Detached homes saw steady demand with a benchmark price of $1,906,000, up 7.5% year-over-year, while apartments and attached homes maintained strong price growth.

  • Vancouver West:
    Luxury apartments and detached homes continued to drive market activity, with the benchmark price for apartments reaching $846,500, up 6.2% year-over-year.


What This Means for Buyers and Sellers:

  • For Buyers:
    The increase in inventory offers more choices, but the competitive sales-to-active listings ratio means acting decisively is essential. Apartments and townhomes remain particularly strong value propositions for buyers.

  • For Sellers:
    The seller’s market conditions in key segments, such as townhomes and apartments, provide an excellent opportunity to list and maximize your home’s value. Strategic pricing and marketing will be key to standing out as inventory grows.


Your Local Market Experts:

Whether you’re buying, selling, or investing in Burnaby, New Westminster, Vancouver, or the Tri-Cities, staying ahead of market trends is critical. Contact me to create a tailored strategy for your unique real estate goals.


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January 2024 Real Estate Market Update: A Promising Start to the New Year

The Metro Vancouver real estate market kicked off 2024 with an encouraging uptick in activity, signaling cautious optimism among buyers and sellers alike. January’s stats highlight growing demand amid constrained supply, setting the stage for an interesting spring market.


Key Highlights for January 2024:

  • Sales Activity:
    Residential sales totaled 1,427, marking a 38.5% increase year-over-year. Sales remained 20.2% below the 10-year seasonal average, reflecting ongoing economic adjustments.

  • New Listings:
    New listings reached 3,297, a 15.8% decrease compared to January 2023, underscoring supply constraints as buyers re-enter the market.


Sales-to-Active Listings Ratio:

  • Across all property types: 17.2%, indicating balanced market conditions.

    • Detached: 11.9%

    • Townhomes: 22.9%

    • Apartments: 19.9%


Price Trends:

  • MLS® Home Price Index composite benchmark price for all residential properties was $1,177,400, a 4.8% increase year-over-year but a 0.8% decrease month-over-month.

  • Detached Homes:

    • $1,942,400 (+7.3% YoY, -1.1% MoM)

  • Townhomes:

    • $1,066,700 (+4.3% YoY, -0.6% MoM)

  • Apartments:

    • $751,900 (+4.4% YoY, -0.2% MoM)


Regional Insights:

  • Burnaby:
    Burnaby East recorded the highest price growth among the Burnaby regions, with a 4.9% year-over-year increase in the composite benchmark price. Townhomes in Burnaby South remained competitive with steady sales and demand.

  • New Westminster:
    The apartment market continued to thrive, with a benchmark price of $641,700, reflecting a 4.1% annual increase.

  • Tri-Cities (Coquitlam, Port Moody, Port Coquitlam):
    Coquitlam detached homes saw consistent interest, while Port Moody apartments experienced strong price resilience at $657,900.

  • Vancouver East & West:
    Vancouver West apartments remained a hot commodity for investors and downsizers, with benchmark prices holding steady. Vancouver East saw balanced conditions, particularly in the detached market.


What This Means for Buyers and Sellers:

  • For Buyers:
    The start of the year offers a window of opportunity as prices remain stable and new listings emerge. Townhomes and apartments, in particular, offer strong value in the current market.

  • For Sellers:
    Inventory remains constrained, giving well-priced and well-marketed homes an edge. Now is an excellent time to prepare your home for sale and take advantage of growing buyer interest.


January 2024 sets a positive tone for the year ahead. With balanced conditions and increasing market activity, both buyers and sellers have opportunities to achieve their real estate goals.

Have questions about what this means for you? Let’s connect to craft a personalized strategy for your next move.

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Metro Vancouver Real Estate Market Update: December 2023

The Metro Vancouver real estate market wrapped up 2023 with a tale of resilience and balance. Despite navigating some of the highest borrowing costs seen in over a decade, the year-end data highlights a stable and desirable housing market.


December 2023 Key Highlights:

  • Sales Activity:
    Residential sales reached 1,345 units in December, reflecting a modest 3.2% increase compared to December 2022. While this was 36.4% below the 10-year seasonal average, it demonstrated steady demand in a high-interest rate environment.

  • New Listings:
    There were 1,327 properties newly listed for sale across all property types in December. This marked a 9.9% increase year-over-year, though it remained 22.7% below the 10-year average.


Home Prices:

  • Detached Homes:
    The benchmark price reached $1,964,400, increasing by 7.7% year-over-year but dipping by 0.9% month-over-month.

  • Apartments:
    With a benchmark price of $751,300, apartment prices rose by 5.6% compared to December 2022, despite a 1.5% monthly decline.

  • Townhouses:
    At $1,072,700, townhouses saw a 6.4% annual increase, coupled with a 1.8% monthly decline.


Sales-to-Active Listings Ratio:

This ratio stood at 16% across all property types, indicating a balanced market. Detached homes reported an 11.1% ratio, while attached homes and apartments saw ratios of 18.7% and 19.6%, respectively.


Market Trends and Insights:

The most notable trend of 2023 was the shortage of available inventory relative to the strong buyer demand. This dynamic kept upward pressure on prices, particularly in the spring when inventory reached near-record lows.

Looking ahead, potential rate cuts forecasted for 2024 may provide much-needed relief for buyers, potentially re-energizing the market in the new year.


Local Highlights:

  • Burnaby:
    Detached home prices rose to $2,115,900 (+4.6% YoY), while apartments saw an annual gain of 7.3% to reach $809,200.

  • New Westminster:
    Apartments in this area remained competitively priced at $648,400, showing a 6.6% increase from December 2022.

  • Tri-Cities:
    Coquitlam, Port Moody, and Port Coquitlam all exhibited strong price growth across property types, with Port Moody townhouses standing out at $1,007,800 (+3.2% YoY).


What This Means for Buyers and Sellers:

  • For Buyers:
    Balanced market conditions provide opportunities for careful decision-making, though pricing remains competitive due to limited inventory.

  • For Sellers:
    Steady price growth and continued demand make this a favorable time to consider listing your property.

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November 2023 Real Estate Market Update: Balanced Conditions and Holiday Trends

As we approach the end of 2023, the Metro Vancouver housing market is experiencing a sense of balance, offering some of the best conditions for buyers in recent years. Inventory levels have steadily increased, creating greater opportunities for those searching for a home, even as the usual seasonal slowdown takes hold.


Market Highlights for November 2023:

  • Home Sales:
    A total of 1,702 residential properties were sold, marking a 4.7% increase from November 2022. However, this remains 33% below the 10-year seasonal average, highlighting a tempered pace of sales.

  • New Listings:
    Metro Vancouver saw 3,369 new listings in November, up 9.8% compared to the same period last year but slightly below the 10-year seasonal average.

  • Inventory Growth:
    The total number of active listings reached 10,931, a 13.5% increase from November 2022 and a modest 3.7% above the 10-year seasonal average.

  • Andrew Lis, Director of Economics and Data Analytics at the Real Estate Board of Greater Vancouver, notes:
    "The increased supply, coupled with the seasonal dip in sales, is creating a balanced market. Buyers have more choices than in previous years, and the flattening of prices since the summer months reflects these conditions."


Benchmark Prices and Trends:

  • The MLS® Home Price Index composite benchmark price for all residential properties stands at $1,185,100, representing:

    • A 4.9% increase compared to November 2022.

    • A 1% decrease compared to October 2023.


By Property Type:

  • Detached Homes:

    • Sales: 523 (up 7% year-over-year).

    • Benchmark Price: $1,982,600 (+6.8% year-over-year, -0.9% month-over-month).

  • Apartments:

    • Sales: 850 (up 0.4% year-over-year).

    • Benchmark Price: $762,700 (+6.2% year-over-year, -1% month-over-month).

  • Attached Homes:

    • Sales: 316 (up 12.5% year-over-year).

    • Benchmark Price: $1,092,600 (+6.9% year-over-year, -0.7% month-over-month).


What This Means for Buyers and Sellers:

  • For Buyers:
    The combination of increasing inventory and stable pricing offers an excellent opportunity for those ready to enter the market. With mortgage rates potentially easing in 2024, now could be a strategic time to explore options.

  • For Sellers:
    While price growth has leveled off, the market's balanced conditions and continued demand suggest it’s still a favorable time to sell. The right pricing strategy remains key in attracting serious buyers.


Local Area Highlights:

  • Burnaby:
    Detached homes in Burnaby South recorded the highest benchmark price at $2,168,800, reflecting a 7.7% year-over-year increase.

  • New Westminster:
    The benchmark price for detached homes sits at $1,504,200, with a 3.7% increase year-over-year.

  • Tri-Cities:
    Coquitlam showed strong activity, with attached homes seeing a 4.9% annual price increase to a benchmark of $1,042,100.

  • Vancouver East & West:
    Vancouver East experienced notable growth in detached home prices, up 8.9% annually, while Vancouver West's benchmark for apartments reached $842,800, a 4.5% annual increase.


As we move into the holiday season, the real estate market presents a unique opportunity for both buyers and sellers. Whether you’re considering entering the market or seeking advice on your next steps, we’re here to guide you through every stage.

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Just Sold: Prime Development Opportunity in New Westminster’s West End

Thrilled to announce the successful sale of this incredible property in New Westminster’s West End! More than just a home, this massive 9,273 sq. ft. lot with NR-1 zoning presented an exciting opportunity for future development or a dream home build. With lane access, a prime location across from Grimston Park, and steps to the 22nd Street SkyTrain Station, this was a sale that required strategy, persistence, and expert marketing.

With a sales-to-active ratio of 15%, the New Westminster detached home market remains strong, and through a future-focused approach, we maximized value for our client.


🏡 Property Highlights: A Rare Lot with Endless Potential

  • MLS #: R2822292

  • Property Type: House

  • Lot Size: 9,273 sq. ft.

  • Zoning: NR-1 (Neighbourhood Residential)

  • School Catchment:

    • Elementary: Lord Tweedsmuir

    • Secondary: New Westminster

💎 Why This Property Was a Standout

✔️ Expansive Lot with Lane Access: Ideal for future development, multi-family housing, or a custom-built dream home.
✔️ Unbeatable Location: Directly across from Grimston Park, offering green space, a playground, and walking trails.
✔️ Transit & Connectivity: Steps from 22nd Street SkyTrain Station, making commutes to Vancouver, Burnaby, and Surrey effortless.
✔️ Niche Market Appeal: Large building lots in this area are rare, attracting buyers looking for redevelopment potential.


🚀 The Strategy: Overcoming Challenges & Maximizing Value

✅ Targeted Marketing & Buyer Outreach

  • We positioned this home as a premier development opportunity, attracting builders, investors, and families alike.

  • A strategic pricing approach ensured we generated strong buyer interest while maximizing the sale price.

✅ Navigating Unique Sale Challenges

  • With tenants in place, we ensured respectful coordination for showings and open houses.

  • Worked closely with the City of New Westminster to gather key details on zoning, redevelopment, and potential land use.

✅ Strong Communication & Seamless Collaboration

  • Maintained open communication with the buyer’s agent to ensure a smooth negotiation and due diligence process.

  • Focused on clear, transparent discussions that highlighted the property’s long-term potential.


📍 Why Buyers Love New Westminster’s West End

West End is one of New Westminster’s most desirable neighborhoods, offering a mix of historic charm, modern amenities, and easy transit access.

🌳 Parks & Outdoor Spaces

  • Grimston Park – A beloved local park with green space, a playground, and picnic areas.

  • Westminster Pier Park – A scenic waterfront park with walking trails and stunning Fraser River views.

🏫 Top Schools Nearby

  • Lord Tweedsmuir Elementary – A well-ranked school with strong community engagement.

  • New Westminster Secondary – A top-tier secondary school with advanced placement programs and state-of-the-art facilities.

🛍️ Shopping & Transit Access

  • 22nd Street SkyTrain Station – Quick connections to Downtown Vancouver, Metrotown, and Surrey Central.

  • Queensborough Landing – A major shopping hub featuring big-name retailers, restaurants, and grocery stores.


🎉 A Future-Focused Sale with Fantastic Results

This wasn’t just about selling a home—it was about maximizing an investment opportunity. Through smart marketing, expert negotiation, and seamless collaboration, we helped our client achieve an outstanding result.


Thinking of Selling? Let’s Make It Happen!

🏡 Large lots and development properties require a specialized sales strategy. Whether you’re selling or looking to invest, we can help you achieve top results.

📩 Contact us today to see how we can maximize your property’s potential!

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October 2023 Real Estate Market Update: Steady Conditions with Balanced Trends

The real estate market in Metro Vancouver demonstrated steadiness in October 2023, as balanced conditions brought opportunities for both buyers and sellers. While sales remained below historical averages, increased inventory levels and moderated price growth signaled a market adjusting to ongoing economic pressures.


Key Highlights for October 2023:

  • Sales Activity:

    • Residential sales reached 1,996, a 3.7% increase compared to October 2022.

    • While sales were 29.5% below the 10-year seasonal average, the market showed resilience in a challenging financial environment.

    • Detached homes: Slight 0.7% decrease year-over-year.

    • Apartments: Sales grew by 4.9%, maintaining steady buyer interest.

    • Townhomes: Increased sales of 6.6%, reflecting robust demand in this category.

  • Listings and Inventory:

    • New Listings: Increased by 15.4%, providing buyers with more choices compared to October 2022.

    • Active Listings: Total inventory rose by 12.6%, exceeding the 10-year seasonal average by a modest 0.6%.

  • Pricing Trends:

    • Benchmark Price: All residential properties were priced at $1,196,500, up 4.4% year-over-year, with a slight 0.6% decline from September 2023.

    • Detached homes: $2,001,400, steady growth with a 4.0% annual increase.

    • Apartments: $770,200, up 5.1% annually, showing consistent strength in this segment.

    • Townhomes: $1,100,500, reflecting a 4.8% year-over-year increase.


Market Conditions by Segment:

  • Detached Homes:
    A sales-to-active listings ratio of 12.9%, indicating balanced conditions.

  • Townhomes:
    Strong demand with a ratio of 20.9%, leaning toward a seller’s market.

  • Apartments:
    Steady performance with a ratio of 21.5%, also in seller’s territory.


Regional Insights:

  • Burnaby:
    Detached home prices remained stable across all areas, while townhomes in Burnaby South saw notable buyer activity.

  • New Westminster:
    Apartments continued to attract buyers with affordability and accessibility as key drivers.

  • Tri-Cities (Coquitlam, Port Moody, Port Coquitlam):
    Strong demand for townhomes and apartments underpinned price stability.

  • Vancouver East and West:
    Both regions showed steady activity, with apartment prices holding firm and detached homes experiencing balanced conditions.


What This Means for Buyers and Sellers:

  • For Sellers:
    Increased inventory offers more competition, making strategic pricing and marketing essential to stand out.

  • For Buyers:
    Moderated price growth provides opportunities to enter the market or upgrade, particularly in areas with higher inventory levels.


Your Market Experts:

As the year draws to a close, understanding these trends is crucial for navigating the ever-changing real estate landscape. Whether buying, selling, or investing, contact me today to craft a strategy tailored to your needs.

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Just Sold: Unique Blank Canvas Condo in Fairview, Vancouver

Congratulations to my buyer on securing a truly one-of-a-kind property at Granville Gardens in Vancouver’s sought-after Fairview neighborhood! This wasn’t your typical real estate purchase—it was an exciting challenge that required creativity, diligence, and teamwork to make it happen.

With a sales-to-active ratio of 13%, the Vancouver West condo market remains competitive, and acquiring this completely gutted unit—a raw concrete shell—required strategic planning and expert negotiation.


🏙 Property Highlights: A Rare Opportunity for Customization

  • MLS #: R2816585

  • Property Type: Condo

  • Size: 1,292 sq. ft.

  • Building: Concrete construction (1974)

  • Parking & Storage: Two side-by-side parking stalls and a storage locker

  • School Catchment:

    • Elementary: Shaughnessy Elementary

    • Secondary: Kitsilano Secondary

💎 What Made This Home Unique?

✔️ Blank Slate for a Dream Home: A gutted unit with no walls, no interior finishings—just a raw concrete space, ready for a complete transformation.
✔️ Spacious & Rare Layout: Nearly 1,300 sq. ft. in one of Vancouver’s most desirable locations.
✔️ Prime Fairview Location: Tucked on a peaceful, tree-lined street, yet steps from Granville Street’s vibrant shopping, restaurants, and cafés.


🚀 Overcoming Challenges: How We Made It Happen

✅ Navigating Non-Traditional Financing & Due Diligence

  • Purchasing a completely unfinished unit required extensive due diligence—from verifying the building’s status with the City of Vancouver to ensuring my client’s vision aligned with zoning and strata bylaws.

  • Since traditional lenders hesitate with unlivable properties, we worked closely with financial experts to secure specialized financing options.

✅ Ensuring a Smart Long-Term Investment

  • My client now has the chance to build equity while designing a home tailored exactly to their lifestyle.

  • With Fairview’s strong real estate market and limited inventory, this unit offers fantastic long-term value.

✅ Seamless Collaboration & Communication

  • Working closely with the listing agent and all involved parties, we turned a complex situation into an exciting opportunity.

  • Strategic negotiations ensured my client secured the best possible deal while keeping their renovation goals on track.


📍 Why Buyers Love Fairview, Vancouver West

Fairview is a highly desirable neighborhood, offering the perfect blend of city convenience, scenic views, and an active lifestyle.

🌳 Parks & Outdoor Spaces

  • Granville Loop Park – A peaceful green space perfect for morning jogs and picnics.

  • Charleson Park – Features a waterfront trail, an off-leash dog area, and beautiful city skyline views.

  • False Creek Seawall – Ideal for biking, running, or a relaxing waterfront stroll.

🏫 Top Schools Nearby

  • Shaughnessy Elementary – A well-regarded school with a strong academic reputation.

  • Kitsilano Secondary – Offers French immersion and Advanced Placement (AP) programs.

🛍️ Shopping, Dining & Transit Access

  • Granville Street Shopping District – Home to boutique stores, designer brands, and trendy cafés.

  • South Granville’s Dining Scene – A variety of top-rated restaurants and local eateries.

  • Broadway Corridor & Future SkyTrain Expansion – Easy connections to Downtown Vancouver, UBC, and Richmond.


🎉 A Bold Investment & Exciting New Chapter

This sale wasn’t just about buying a home—it was about securing a rare opportunity to create something entirely unique. I couldn’t be more excited for my client as they embark on this incredible transformation!


Thinking of Buying or Selling? Let’s Make It Happen!

🏡 Whether you're looking for a move-in-ready home or a one-of-a-kind renovation opportunity, strategy is key. Let’s find the perfect fit for you!

📩 Contact us today to see how we can help you achieve your real estate goals!

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