Tim & Sharon Rohwer

Blog › January 2021

Balanced conditions continue in the Greater Vancouver housing market

Home buyer and seller activity continues to mirror historical averages in the Greater Vancouver housing market. These trends have helped keep the region in a balanced state for the last nine months.

The Real Estate Board of Greater Vancouver reports that residential property sales in Greater Vancouver reached 2,661 on the Multiple Listing Service® (MLS®) in October 2013. This is a 37.8 per cent increase compared to the 1,931 sales recorded in October 2012, and a 7.2 per cent increase from the 2,483 sales recorded in September 2013.

New listings for attached, detached and apartment properties in Greater Vancouver totaled 4,315 in October 2013. This represents a 0.2 per cent decline from the 4,323 new listings reported in October 2012, and a decrease of 14.2 per cent compared to the 5,030 new listings reported in September of this year.

Last month’s sales were 2.8 per cent above the 10-year sales average for the month, while new listings for the month were 1.9 per cent below the 10-year average.

“We continue to see fairly typical activity when it comes to monthly home sale and listing totals,” Sandra Wyant, REBGV president said. “Today’s activity is helping to keep us in balanced market territory, which means that prices tend to experience minimal fluctuation.”

The total number of properties currently listed for sale on the MLS® in Greater Vancouver is 15,257, a decline of 12.2 per cent compared to this time last year, and a decline of 5.3 per cent compared to September 2013.

The sales-to-active-listings ratio is currently at 17.4 per cent in Greater Vancouver.

The MLS® Home Price Index composite benchmark price for all residential properties in Greater Vancouver is $600,700. This represents a 0.5 per cent decline compared to this time last year.

Sales of detached properties reached 1,067 in October 2013, an increase of 35.1 per cent from the 790 detached sales recorded in October 2012 and a 9.5 per cent increase from the 974 units sold in October 2011. The benchmark price for detached properties decreased 0.5 per cent from October 2012 to $922,600.

Sales of apartment properties reached 1,098 in October 2013, an increase of 36.7 per cent compared to the 803 apartment sales recorded in October 2012, and an increase of 14.6 per cent compared to the 958 sales in October 2011. The benchmark price of an apartment property decreased 0.9 per cent from October 2012 to $365,600.

Attached property sales totaled 496, an increase of 46.7 per cent compared to the 338 attached property sales recorded in 2012 and a 29.8 per cent increase compared to the 382 attached property sales recorded in October 2011. The benchmark price of an attached property is $458,000, which is virtually unchanged from October 2012. 
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New Listing 5086 N Whitworth Crescent, Delta, BC


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Outstanding opportunity to live in one of Ladner's most sought after neighborhoods. The huge SOUTH facing 9547 sf fenced gardens is perfect for gardening & entertaining. The spacious 2430 sf home features 3 Bedrooms, 3 bath, large eating kitchen, separate dining & living areas, family room open to the solarium to enjoy the sunny summer days. Walking distance to both levels of schools, parks & Historical Ladner shopping & restaurants. don't miss out viewing this must see property.

New Listing 102 - 2091 Vine Street, Vancouver, BC


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Looking for a home in the heart of Kitsilano with sunny outdoor space? 5 minute walk to Kitsilano Beach. this beautiful, spacious 2-bed & 1.5 bath home has a fantastic patio/garden (262sq/ft). The open layout has gleaming floors, freshly painted walls & bright kitchen. Master bedroom features beautifully renovated ensuite with modern black hardware & 2 piece waterfall shower. Guest bedroom has custom-built California closets murphy bed/wardrobe. 2nd bathroom fully renovated. Unit has 3 private exterior entrances-like townhome. The patio is perfect to sip your coffee, use as an outdoor workspace, enjoy with friends, or plant a vegetable garden. 1 minute walk to grocery stores, charming cafes & restaurants. In-suite laundry, underground parking & storage locker. Pets & rentals welcome

New Listing 409 - 1350 View Crescent, Delta, BC


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MUST SEE Sunny corner unit in the CLASSIC (concrete building) featuring stunning everlasting views of the golf course, mountains & courtyard gardens with water fountain. Do you appreciate quality? This is essentially a new home. Beautifully renovated (nearly $100,000 in renos) to open plan concept with top of line flooring, new gourmet kitchen (all appliances) with huge island, new cabinets, quartz countertops, lavish bathrooms, new doors, it's all been done, just move in and ENJOY! Building features car wash, hobby room with carpentry tools, exercise room etc. Enjoy the panoramic view from all the living areas or the spacious balcony. Located just steps from shopping, restaurants in sunny Tsawwassen. Everything is included in your strata fees (heat, gas, hot water, recycling).

New Listing 6265 Holly Park Drive, Delta, BC


R2526575 - 6265 Holly Park Drive, Delta, BC, CANADAView my new listing for sale SOLD at 6265 Holly Park Drive, Delta and currently listed at $1,098,000.SOLD

RANCHER in popular Holly Park! Don't miss out viewing this spacious 3 bedroom, 2 bath featuring combination/living dining area with cozy gas fireplace, large kitchen (top of the line gas range for special dinners/SS appliances) with adjoining family room & huge bright 200 sf solarium/sunroom, good size double garage. Located in a great neighborhood close to schools, park and the Historical village of Ladner.