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Home sales decline below long-term averages in 2019 despite increased demand to end the year
VANCOUVER, BC - January 3, 2020 - The Metro Vancouver* housing market is experiencing below average sales activity and moderate price declines in 2019.

The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment homes reached 25,351 in 2019, a three per cent increase from the 24,619 sales recorded in 2018, and a 29.6 per cent decrease over the 35,993 residential sales in 2018.

Last year's sales total was 20.3 per sent below the region's  10-year sales average.

If you'd like to download the complete stats package click here.
Three Gorgeous Lions Bay Listings
With quality, ocean view real estate at historical low levels, I am pleased to present three gorgeous  listings in beautiful Lions Bay. Please contact me for more information.

Executive Home in Lions Bay on almost an Acre

This 4,069 square foot Poskit-designed home enjoys breathtaking ocean views on one of the largest lots in the community. Comprehensively renovated kitchen, all bathrooms, master bedroom, master ensuite, electrical, heating and ventilation systems. You'll enjoy wonderful Howe Sound/Mountain views from all principal rooms which feed onto generous, outdoor decks. The entertainers' kitchen includes Cambria quartz counters, Blanco sinks/faucets, high-end stainless appliances, walk-in pantry and built-in cabinetry. Hardwood floors throughout the main floors provide the perfect stage for the 11 foot floor-to-ceiling wood burning fireplace. Not only is this home tastefully appointed and functionally first-class, it has two in demand features - a flat circular driveway with a 2 car garage (7 total parking) and a completely self contained 1 bedroom suite with laundry. Don't wait!
110 Mountain Drive - $1,828,000
4,069 sq ft Home
4 Bdrm / 4 Bath (legal suite)
41,033 sq ft Lot
 

Magnificent Lions Bay View Home with 2 Bedroom Suite

This 6 bedroom, 4 bathroom home has everything that a family is looking for.The updated kitchen with heated floors and open plan living room spills onto an expansive ocean view deck and side deck. Oak and fir hardwood floors compliment the modern  chic interior. A two bedroom suite is the perfect mortgage helper or in-law accommodation. Two car garage and a large fenced yard. Walk to the school bus, marina and hiking trails. Plenty of parking for RV, boat or tenant.
20 Oceanview Road - $1,590,000

3,297 sq ft Home
6 Bdrms / 4 Bath

7,473 sq ft Lot
 

Lions Bay View Home

This newly-renovated ocean view home is more than meets the eye. Taken down to the studs, recent renovations include electrical and structural overhaul, full custom kitchen (quartz counter, stainless appliances, pot lighting, and custom cabinetry), beautiful bathroom renovations, and much more. Four bedroom, 4 bathroom in total (with an ability to suite immediately). A flat drive with off-street parking for up to 5 cars. Never to be lost Howe Sound views. Perfect for the young family or downsized looking for one level living. Act fast as this one won't last! 
280 Bayview Road - $1,399,000
2,713 sq ft Home
4 Bdrm / 4 Bath
9,052 sq ft Lot
 
Three Reasons to Sell Your Home in Winter
You've probably been told you should wait for spring or summer to sell your home. That's when there's a bigger pool of buyers, and your landscaping and foliage are a the top of their game, right?

Well, wait just a minute. There are actually some compelling reasons to go ahead and sell now. Here's a look at three ways selling in the off-season can work in your favor:

Less Competition -
There's typically lower inventory in winter. The basic economics of supply and demand now work for you, the seller. When there are a ton of properties for sale, even a great home can look common. But when there are fewer options on the market and a listing is in good condition, it suddenly gains an edge it may not have in the summer.

More Serious Buyers -
People who are buying in the off-season are not your typical summertime browsers. These buyers are often more serious and motivated to make a move - and do it quickly. Maybe they had a sudden career or lifestyle change. Whatever it is, they typically need a new home now. If yours is ready and waiting, it can have added appeal.

Stress-Free Summers -
Who wants to spend all summer packing and planning a move? Some buyers want to move before the school year ends to have summer free for travel and relaxation. When your home sale is already sorted during winter, it's smooth sailing for summer fun.

Are you ready to sell? Get in touch today for a comprehensive review of your current home.
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Sotheby's International Realty Canada
PO Box 701, Unit D
350 Centre Road
Lions Bay, BC  V0N 2E0

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Craig Doherty Realty · 5386 Westhaven Wynd · West Vancouver, BC V7W 3E8 · Canada

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