|
Elaine's Keeping It Realty Report - October 2018
|
Hello
Friend
Listings, listings, listings! A lot of listings came onto the market in September, with many more so far this month. Many sellers are eager and motivated to sell their homes.
This presents great opportunity for buyers. There are plenty of options to choose from and buyers have more time to make an informed decision.
For sellers, the key is to be patient in the current market. The right price, having your home in top condition and using an experienced real estate advisor with a global reach will be key to selling your home.
Looking at the newest numbers from REBGV, sales are down by 44% and the overall market has moved into a full Buyer's Market.
- MOI (Months of Inventory) for Sept 2018 was 8.2 (Buyer's Market) vs. Sept 2017 was 3.3 (Seller's Market)
Micro-markets:
- Detached: 12.8 MOI
- Townhouses: 7.1 MOI
- Condos: 5.7 MOI
If you would like more information about market conditions in your neighbourhood, or have any other real estate related questions, please contact me. I would be happy to meet with you to see how I can help you.
|
|
|
|
|
The Vancouver Fall Home Show is here this weekend, October 18-21st. Always a fun event full of home design, decor, building, cooking inspiration and much more to make you wish you had more time on your hands. Let me know if you want tickets, I have some to giveaway!
For more information on show times, vendors, show features and the main stage schedule, please click here
|
|
|
|
Vancouver Market Watch - Townhouse
|
|
Stats are calculated
comparing September 2018 to September 2017 .
To see more information on local stats in Vancouver, please click here.
|
|
Vancouver Market Watch - Detached
|
|
Stats are calculated
comparing September 2018 to September 2017 .
To see more information on local stats in Vancouver, please click here.
|
|
|
|
Latest Featured Listings
|
|
An extraordinary Penthouse Central Lonsdale / R2304670
|
$2,798,000 |
2 Bedrooms | 2 Bathrooms | 1,428 Sq Ft |
|
Exclusive |
|
Exclusive
|
$320,000 |
1 Bedrooms | 1 Bathrooms | 346 Sq Ft |
|
Exclusive |
|
Exclusive
|
$320,000 |
1 Bedrooms | 1 Bathrooms | 346 Sq Ft |
|
Just Listed |
|
Gorgeous 2-level, 2 bedroom townhouse University VW / R2308126
|
$1,248,000 |
2 Bedrooms | 3 Bathrooms | 1,308 Sq Ft |
|
|
|
This is not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.
|
Powered by avenuehq.com.
Copyright © 2018 AvenueHQ. |
|
|