Okanagan Real Estate Market Statistics – December 2017

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in December 2017.

Central Okanagan: Kelowna and Lake Country

There were 156 sales, 602 active listings, and a $696,650 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The average days on market were 56.

The condo market featured 72 sales and 274 active listings at the end of the month. The average sale price was $324,949 with 51 average days on market.

Townhome sales were 48, active listings were 147, average sale price was $479,427, and the average days on market were 62.

MarketHotSheet_December2017_CentralOkanagan

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North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – December 2017

Here are the latest real estate market statistics from Macdonald Realty on North Delta, Surrey, White Rock, Langley, and Fraser Valley listings and sales in December 2017.

North Delta

In the North Delta market, the benchmark sale price was $921,800 for detached homes. At the end of the month, there were 94 active listings and 34 sales.

The condo market had 8 sales and 16 active listings. The benchmark sale price was $361,800.

Townhomes featured 10 sales, 10 active listings and a $561,400 benchmark sale price.

It’s a seller’s market in North Delta for all product types.

MarketHotSheet_December2017_NDelta

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Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – December 2017

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in December 2017.

Greater Victoria

In December 2017, there were 202 sales of single family homes and 403 active listings in the Greater Victoria. The benchmark sale price was $692,800 with an average days on market of 37. The hottest market for sales was Langford with 35 sales. There were also 9 sales and 87 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 136 sales, 206 active listings at the end of the month.  The benchmark sale price was $445,000 with an average days on market of 27. The hottest market for sales was Victoria, 62 sales.

Townhome sales were 41, active listings were 98 and the benchmark sale price was $565,400. The average days on market were 34, and the hottest market was Langford with 13 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_December2017_Victoria

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Luxury Homes Collection Magazine Winter 2017

2017 was a very dynamic year for luxury real estate in British Columbia, with new markets and regions entering into the luxury domain. Our luxury homes collection featured a variety of styles, areas and residences with exceptional quality. Trends, both modern and traditional coordinate within these pages to create inspiration and beautiful homes to choose from.

We checked in with our affiliates at Luxury Portfolio, the authority of luxury marketing, to discover the trends in luxury and the shape of the market. Read the inside cover message to learn about where the wealthy populations reside, and the movement of what luxury means to the affluent consumer.

Our Cover Story is a stunning equestrian estate in Saanich on Vancouver Island, located just outside of our capital city Victoria. From formal living spaces to exacting outdoor landscaping, this property has ample room and luxury. Our Wine Not features wines to celebrate with, please check out the recommendations to round out your holiday events.

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CLICK HERE to view the digital edition on your computer or tablet

Greater Vancouver Real Estate Market Statistics – November 2017

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in November 2017.

Vancouver

In the Vancouver Westside, there were 84 sales of detached homes and 796 active listings at the end of the month. The benchmark sale price was $3,573,700, with an average days on market of 47. The hottest market for sales was Dunbar with 15 sales.

In comparison, the condo market had 381 sales, 717 active listings and a benchmark sale price of $811,200 with an average of 22 days on market. The hottest market for sales was Downtown VW, 87 sales.

Townhome sales were 40, active listings were 128. The benchmark sale price was $1,268,200 with an average days on market of 16. Kitsliano with 14 sales was the hottest market of the month.

It’s a seller’s market for condos and townhomes.

MarketHotSheet_November2017_VanWest

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Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – November 2017

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in November 2017.

Squamish

In November 2017, there were 22 sales of detached homes and 100 active listings in Squamish. The benchmark sale price was $1,012,800 with an average days on market of 53.

The Condo market had 13 sales and 23 active listings at the end of the month.  The benchmark sale price was $448,900 with an average days on market of 17.

Townhome sales were 5, active listings were 26. The benchmark sale price was $883,000, and the average days on market were 34.

It’s a seller’s market for condos.

MarketHotSheet_November2017_Squamish

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Okanagan Real Estate Market Statistics – November 2017

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in November 2017.

Central Okanagan: Kelowna and Lake Country

There were 189 sales, 759 active listings, and a $674,598 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The average days on market were 50.

The condo market featured 112 sales and 313 active listings at the end of the month. The average sale price was $334,106 with 52 average days on market.

Townhome sales were 49, active listings were 183, average sale price was $469,053, and the average days on market were 58.

MarketHotSheet_November2017_CentralOkanagan

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North Delta, Surrey, Langley and Fraser Valley Real Estate Market Statistics – November 2017

Here are the latest real estate market statistics from Macdonald Realty on North Delta, Surrey, White Rock, Langley, and Fraser Valley listings and sales in November 2017.

North Delta

In the North Delta market, the benchmark sale price was $914,900 for detached homes. At the end of the month, there were 139 active listings and 52 sales.

The condo market had 10 sales and 14 active listings. The benchmark sale price was $348,100.

Townhomes featured 7 sales, 17 active listings and a $564,100 benchmark sale price.

It’s a seller’s market in North Delta for all product types.

MarketHotSheet_November2017_NDelta

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Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – November 2017

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in November 2017.

Greater Victoria

In November 2017, there were 277 sales of single family homes and 566 active listings in the Greater Victoria. The benchmark sale price was $693,200 with an average days on market of 31. The hottest market for sales was Langford with 61 sales. There were also 16 sales and 111 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 220 sales, 266 active listings at the end of the month.  The benchmark sale price was $437,600 with an average days on market of 28. The hottest market for sales was Victoria, 81 sales.

Townhome sales were 52, active listings were 106 and the benchmark sale price was $561,200. The average days on market were 26, and the hottest market was Victoria with 10 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_November2017_Victoria

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23 Macdonald Realty agents complete Certified Negotiation Experts credential in the October and November 2017 classes

Congratulations to these 23 Macdonald Realty agents who successfully completed the Certified Negotiation Expert (CNE®) course in October and November 2017 and became negotiation experts.

Click below to see their information and how they can assist you today!

CNE blog (November 2017)

Kaz Adediran (South Surrey)
Iman Asemani (West Vancouver)
Maryam Badie (West Vancouver)
Mercedes Bourgaize (Parksville)
Eli Dagher (South Surrey)
Arash Emamy (Vancouver Downtown)
Kevin Grewal (North Delta)
Lindsay Hamilton (Victoria)
Avissa Izadi (West Vancouver)
Mary Lau (Coquitlam)
Fiona Lee (Coquitlam)
Edwin Lee (Vancouver East)
Mary Lynn Machado (Vancouver Downtown)
Marion Meyer (Vancouver West)
Lisa Nohr (Victoria)
Benson Perelonia (Vancouver West)
Bryan Schwartz (North Vancouver)
Sarah Shim (Vancouver East)
Amber Simpson (Victoria)
Paula Wensley (Victoria)
Jenny Wu (Victoria)
Philip Yu (Vancouver West)
Steve Yu (Maple Ridge)