Blog › July 2013

Uptown Vancouver Blog

New Listing 506 - 1635 W 3rd Ave, Vancouver, British Columbia

V1020023 - 506 - 1635 W 3rd Ave, Vancouver, British Columbia, CANADAView my new listing for sale at 506 - 1635 W 3rd Ave, Vancouver and currently listed at 489000.

Rarely available 1 bed & den at LUMEN! Top floor 601 sq.ft.unit with huge balcony is perfect for the most discerning buyer. Take advantage of a great open layout, sunny exposure, gourmet kitchen, and high end finishings. This concrete building offers the convenience of geothermal heating (included in strata fees) and air conditioning for the perfect ambiance all year round. Other highlights include: underground parking stall, storage locker, gym, Chocolate Arts across the street, Granville Island & W. 4th shopping, and great restaurants nearby. Walk or bike Downtown within a few minutes! What else could you want???

Recently Sold Listing 105 - 330 E 7th Ave, Vancouver, British Columbia

V1013304 - 105 - 330 E 7th Ave, Vancouver, British Columbia, CANADAI have just recently sold this listing at 105 - 330 E 7th Ave, Vancouver.

Recently Sold Listing 2777 Guelph Street, Vancouver, British Columbia

V1014699 - 2777 Guelph Street, Vancouver, British Columbia, CANADAI have just recently sold this listing at 2777 Guelph Street, Vancouver.

New Listing 2777 Guelph Street, Vancouver, British Columbia

V1014699 - 2777 Guelph Street, Vancouver, British Columbia, CANADAView my new listing for sale SOLD at 2777 Guelph Street, Vancouver and currently listed at $715,000.SOLD

GORGEOUS boutique Townhouse with amazing city + mtn VIEWS from your PRIVATE rooftop deck. Townhouse truly feels like a house with DIRECT ACCESS to the parking from the unit. 2 bed + den (could easily be a 3rd) + 2 bath in the heart of Mt Pleasant. Open concept living/dining/kitchen on main. 9' ceilings with an additional 3 outdoor spaces. High quality appliances, granite counters, modern finishes + double sink in the master bath. Lots of extras: private rooftop garden w/irrigation system, screens on windows, window in kitchen facing West & lots of insuite storage. 1 parking (direct access from suite) + 1 storage locker.

Vancouver Real Estate Numbers June 2013

Vancouver market stats

Attached below are the Sales and Listings Stats updated to the end of June 2013.

As is typical in June, units sold tend to be lower than May as buyers and sellers gear up for summer and the end of school. But we did see an 11.2% increase in units sold for June 2013 over June 2012 in Greater Vancouver. This is the largest year over year increase in 2 years. In Greater Vancouver new listings in June were down 13.8% compared to May 2013 and down 12.4% compared to June 2012. Total Active Listings on market are down 6.2% compared at the end of June compared to end of June 2012. With an increase in fixed mortgage rates there will be an increase in buyer demand over the next few months which should help move through inventory in the market. Balanced conditions continue to be present in the market with a focus continuing to be on pricing. Competitively priced properties are getting buyer attention and selling quicker.

Here’s a summary of the numbers:

Greater Vancouver: Total Units Sold in June 2013 was 2,668 – up from 2,398 in June 2012, down from 2,937 in May 2013; New Listings in June 2013 were down 13.8% to May 2013; Month’s Supply of Total Residential Listings is up to 7 Months from 6 (Balanced Market).

Vancouver Westside Residential: Total Units Sold in June 2013 was 595 – up from  479 in June 2012, down from 654 in May 2013; New Listings in June 2013 were down 15% to May 2013; Month’s Supply of Total Residential Listings is steady at 5 Months  (Balanced Market).

Vancouver Eastside Residential: Total Units Sold in June 2013 was 279 – down from 281 in June 2012, down from 335 in May 2013; New Listings in June 2013 were down 10.8% to May 2013; Month’s Supply of Total Residential Listings is up to 5 Months from 4 (Balanced Market ).

North Vancouver Residential:  Total Units Sold in June 2013 was 207 – up from 163 in June 2012, down from 217 in May 2013; New Listings in June 2013 were down 9.4% to May 2013; Month’s Supply of Total Residential Listings is up to 6 Months from 5 (Balanced Market ).

West Vancouver Houses: Total Units Sold in June 2013 was 94 – up from 69 in June 2012, down from 100 in May 2013; New Listings in June 2013 were down 13.4% to May 2013; Month’s Supply of Total Residential Listings is up to 9 Months from 8 (Buyer’s Market ).

Richmond Residential : Total Units Sold in June 2013 was 308 – up from 248 in June 2012, down from 377 in May 2013; New Listings in June 2013 were down 14% to May 2013; Month’s Supply of Total Residential Listings is up to 8 Months from 6 (Balanced to Buyer’s Market ).

Sales and Listing Stats by Region

Sales and Listing Stats by Type - houses, townhouses, condos


Recently Sold Listing 611 - 289 Alexander Street, Vancouver, British Columbia

V1015522 - 611 - 289 Alexander Street, Vancouver, British Columbia, CANADAI have just recently sold this listing at 611 - 289 Alexander Street, Vancouver.

New Listing 611 - 289 Alexander Street, Vancouver, British Columbia

V1015522 - 611 - 289 Alexander Street, Vancouver, British Columbia, CANADAView my new listing for sale SOLD at 611 - 289 Alexander Street, Vancouver and currently listed at $465,000.SOLD

THE EDGE 289 Alexander Street Vancouver. 876 sq.ft. Concrete double height South facing live/work Loft w/16' ceilings and lots of natural light. First time on the market and an ideal space for someone looking for a blank canvas. Lots of natural light, great layout, over height ceiklings, 2 bathrooms and floor-ceiling windows. Gas fireplace and Gas Range in kitchen. Steps to Gastown and all its shopping and restaurants. The Edge has a one of akind 7000 sq.ft. amenities blg w/wood, metal & ceramic shops, darkroom & music room. Pets and Rentals allowed, 1 parking, healthy contingency fund, location and low strata fees helps to make this a great overall building.