Tim & Sharon Rohwer

Blog › September 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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Recently Sold Listing 327 - 6505 3 Avenue, Delta, BC


R2616450 - 327 - 6505 3 Avenue, Delta, BC, CANADAI have just recently sold this listing at 327 - 6505 3 Avenue, Delta.

New Listing 327 - 6505 3 Avenue, Delta, BC


R2616450 - 327 - 6505 3 Avenue, Delta, BC, CANADAView my new listing for sale SOLD at 327 - 6505 3 Avenue, Delta and currently listed at $1,698,000.SOLD

The largest executive townhome in the resort style MONTERRA gated complex. Arguable the most sought after unit, the spacious floor plan has a master on the main and backs on to the "Secret Garden". A grand courtyard welcomes you as you enter this 2887 sf home. Features a formal living & dining room opening to private gardens, bright & airy open style kitchen with island, eating area, office & large family room. The Master bedroom is huge with a spa style ensuite & walk in closet. Above you will discover the rec room and second bedroom. The club house features an indoor pool, sauna, hot tub & recreation room. The property is surrounded by lagoons & beautiful mature landscaping. All this steps from the hiking, biking and trails of Boundary Bay, Southlands Farm/Nursery and Centennial Beach.

Recently Sold Listing 4882 44A Avenue, Delta, BC


R2614854 - 4882 44A Avenue, Delta, BC, CANADAI have just recently sold this listing at 4882 44A Avenue, Delta.

New Listing 5125 S Whitworth Crescent, Delta, BC


R2615176 - 5125 S Whitworth Crescent, Delta, BC, CANADAView my new listing for sale at 5125 S Whitworth Crescent, Delta and currently listed at $1,948,888.

Absolutely the best 10 out of 10 LOCATION with 2 LOT SUBDIVISION POTENTIAL too! Next to a park, and on one of the most sought after streets in Ladner- Whitworth Crescent! Steps to DSS, Ladner Elementary and Sacred Heart Schools. This spacious 2953SF 6 bedroom, 3 bath home is perfect for the busy family who needs a comfortable layout or for an extended family. Also features a bonus double garage and workshop for the handyman. This huge 11,657 sf sun drenched private fenced mature landscaped gardens offer a great opportunity for a FUTURE INVESTMENT OPPORTUNITY with 80' Frontage. THE IDEAL FAMILY HOME FOR NOW AND INVEST FOR THE FUTURE.

New Listing 4882 44A Avenue, Delta, BC


R2614854 - 4882 44A Avenue, Delta, BC, CANADAView my new listing for sale SOLD at 4882 44A Avenue, Delta and currently listed at $1,050,000.SOLD

Fabulous opportunity to live in Historical Ladner, close to schools, parks and shopping. this 2-Storey home is being SOLD" AS IS WHERE IS" condition, large Zoned RD3 7124 sq ft lot with south facing backyard. GREAT LOCATION. GREAT PRICE!