Blog › January 2013

Uptown Vancouver Blog

New Listing # 707 233 ABBOTT ST, Vancouver, BC

V988841 - 707 - 233 Abbott Street, Vancouver, British Columbia, CANADAView my new listing for sale SOLD at 707 - 233 Abbott Street, Vancouver and currently listed at $299,000.SOLD

Studio loft on historic Gastown building featuring brick wall, city views, oak floors, 9ft ceilings and large built in storage unit with flat screen TV included. Bright with lots of natural light and windows/deep heritage window sills. New renovations feature granite counters and high-end stainless steel appliances. Solid building with brand new roof (10 year warranty) and communal roof deck. Pro-active strata, lobby soon to be redone. Amazing location amongst city's best restaurants, boutiques. Walk to downtown, SFU, BCIT, convention centre, stadiums, etc. Very easy to rent - excellent investor opportunity.

Recently Sold Listing # 504 2635 PRINCE EDWARD ST, Vancouver, BC

V984163 - 504 - 2635 Prince Edward Street, Vancouver, British Columbia, CANADAI have just recently sold this listing at 504 - 2635 Prince Edward Street, Vancouver.

New Listing 288 E 11TH AV, Vancouver, BC

V986713 - 288 E 11th Ave, Vancouver, British Columbia, CANADAView my new listing for sale SOLD at 288 E 11th Ave, Vancouver and currently listed at $669,000.SOLD

Own your own address! SOPHIA TOWNHOUSE 1323 sq/ft 2 bed 2.5 bath 2 prkg, storage locker + large DEN/OFFICE. 2 prvt points of entries, either off the street or via underground parking. Open entertaining on the main floor with lvgroom/Din/Kit - GAS RANGE, S/S appls, granite counters, breakfast bar, upgraded cabinets + insuite storage/pantry and F/P. Overheight 11' ceilings on the main floor + custom built ins in the walk through mstr closet. STEPS to vibrant Main St and all its shops & restaurants. Close to Canada Line, transit, community centre and Olympic Village. PETS/RENTALS OK, BLDG has a party rm, a rooftop terrace, bike rooms and lounge. Remainder of 2-5-10 warr. BONUS Pick your new H/W Floors! 

Recently Sold Listing 1328 E 19TH AV, Vancouver, BC

V981396 - 1328 E 19TH AV, Vancouver, British Columbia, CANADAI have just recently sold this listing at 1328 E 19TH AV, Vancouver.

Recently Sold Listing # 2607 1408 STRATHMORE MEWS ME, Vancouver, BC

V971936 - 2607 - 1408 Strathmore Mews Mews, Vancouver, British Columbia, CANADAI have just recently sold this listing at 2607 - 1408 Strathmore Mews Mews, Vancouver.

Recently Sold Listing # 1107 1333 W 11TH AV, Vancouver, BC

V983091 - 1107 - 1333 W 11th Ave, Vancouver, British Columbia, CANADAI have just recently sold this listing at 1107 - 1333 W 11th Ave, Vancouver.

New Listing # 504 2635 PRINCE EDWARD ST, Vancouver, BC

V984163 - 504 - 2635 Prince Edward Street, Vancouver, British Columbia, CANADAView my new listing for sale SOLD at 504 - 2635 Prince Edward Street, Vancouver and currently listed at $529,900.SOLD

SOMA LOFTS: 864 SQFT. 2-Bedroom/2-Bath with Parking. Soma Lofts boasts 10'5 ceilings with floor-to-ceiling windows that span the width of the unit. Lots of natural light! If you like outdoor space this unit has a wrap around balcony that stretches 1/2 of the unit. Kitchen comes with a stainless steel appliance package & granite countertops. In suite storage that can double as an office. Well maintained unit with upgrades to the master bathroom. Soma Lofts is located in the vibrant Uptown Main Street corridor which is fast becoming a diner's destination with lots of shopping & entertainment. Remainder of 2-5-10. Solid concrete construction, lots of bike storage, a fabulous building & one of Vancouver's top areas to live in.

HAPPY 2013! But how did 2012 End off?

2013 Real estate VancouverHappy New Year! Attached are the end of December 2012 Sales and Listings Stats. The New Year started as they typically do, with less homes listed for sale. Total Residential Active Listings in Greater Vancouver are down 30% from November 30, 2012. Total properties listed for sale during December were down 49% to November 2012 and down 16% to December 2011. While sales in December are down from November 2012 and December 2012, we’ve seen that through 2012 so it is not news.

Perspective is the key. Where prices go is anyone’s guess. But considering the financial crisis of 2008 didn’t cause widespread panic selling and significant price drops, than what will? People need bigger homes, people need smaller homes, renters want to own and immigration into Vancouver leads to more buyers. As always, the focus will shift from where prices are going to making your living situation better. As we go forward people will get back to doing what they want and need to do: Moving!

Greater Vancouver: Total Units Sold in December 2012 was 1,171 – down from 1,733 in November 2012; and down from 1,700 in December 2011; Month’s Supply of Total Residential Listings is at 12 Months (Buyer’s Market).

Vancouver Westside Houses: Total Units Sold in December 2012 was 49 – down from 77 in November 2012; and down from 62 in December 2011; Total Active Listings as of January 2013 are down 29% from November 2012; Month’s Supply of Total Active Listings is at 14 Months (Buyer’s Market).

Vancouver Westside Condos: Total Units Sold in December 2012 was 156 – down from 241 in November 2012; and down from 262 in December 2011; Total Active Listings as of January 2013 are down 46% from November 2012; Month’s Supply of Total Active Listings is at 10 Months (Buyer’s Market).

Vancouver Eastside Houses: Total Units Sold in December 2012 was 54 – down from 91 in November 2012; and down from 95 in December 2011; Total Active Listings as of January 2013 are down 34% from November 2012; Month’s Supply of Total Active Listings is at 9 Months (Buyer’s Market).

Vancouver Eastside Condos: Total Units Sold in December 2012 was 53 – down from 69 in November 2012; and up from 51 in December 2011; Total Active Listings as of January 2013 are down 32% from November 2012; Month’s Supply of Total Active Listings is at 8 Months (Buyer’s Market).

North Vancouver Houses: Total Units Sold in December 2012 was 32 – down from 60 in November 2012; and down from 53 in December 2011; Total Active Listings as of January 2013 are down 39% from November 2012; Month’s Supply of Total Active Listings is at 9 Months (Buyer’s Market).

North Vancouver Condos: Total Units Sold in December 2012 was 34 – down from 59 in November 2012; and down from 62 in December 2011; Total Active Listings as of January 2013 are down 32% from November 2012; Month’s Supply of Total Active Listings is at 9 Months (Buyer’s Market).

West Vancouver Houses: Total Units Sold in December 2012 was 29 – down from 32 in November 2012; and down from 38 in December 2011; Total Active Listings as of January 2013 are down 31% from November 2012; Month’s Supply of Total Active Listings is at 14 Months (Buyer’s Market).

Richmond Houses: Total Units Sold in December 2012 was 44 – down from 76 in November 2012; and down from 62 in December 2011; Total Active Listings as of January 2013 are down 32% from November 2012; Month’s Supply of Total Active Listings is at 19 Months (Buyer’s Market).

Richmond Condos: Total Units Sold in December 2012 was 54 – down from 81 in November 2012; and down from 75 in December 2011; Total Active Listings as of January 2013 are down 29% from November 2012; Month’s Supply of Total Active Listings is at 14 Months (Buyer’s Market).

Sales and Listing stats by region

Sales and Listings stats by type - houses/townhouses/condos