Okanagan Real Estate Market Statistics – December 2016

 

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in December 2016.

South Okanagan: Osoyoos, Oliver, and Penticton

In December 2016, there were 55 sales of detached homes and 389 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $440,761 with an average days on market of 103.

The Condo market had 20 sales and 1130 active listings at the end of the month.  The average sale price was $239,777 with an average days on market of 70.

Townhome sales were 17, active listings were 80. The average sale price was $258,990, and the average days on market were 97.

South Okanagan real estate market stats

 

Central Okanagan: Kelowna and Lake Country

There were 131 sales, 496 active listings, and a $618,631 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The average days on market were 57.

The condo market featured 78 sales and 231 active listings at the end of the month. The average sale price was $272,330 with 54 average days on market.

Townhome sales were 61, active listings were 164, average sale price was $437,463, and the average days on market were 53.

Central Okanagan real estate market

 

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area, the average sale price was $429,597 with an average days on market of 77 days for detached homes. At the end of December, there were 77 sales and 262 active listings.

There were 10 sales and 76 active listings for condos. The average sale price was $147,475, and the average days on market were 56.

In comparison, townhome featured 16 sales, 73 active listings and a $303,559 average sale price with 59 average days on market.

North Okanagan real estate market stats

 

Looking for more information about the real estate market in specific neighbourhoods in Okanagan? 

Macdonald Realty has offices in Osoyoos and Kelowna. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

—–

This blog post is based on market data provided by the South Okanagan Real Estate Board (SOREB) www.soreb.org and Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.

 

 

Greater Vancouver Real Estate Market Statistics – December 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Vancouver listings and sales in December 2016.

Vancouver

In the Vancouver Westside, there were 64 sales of detached homes and 402 active listings at the end of December. The benchmark sale price was $3,443,100, with an average days on market of 48. The hottest market for sales was Dunbar with 14 sales.

In comparison, the condo market had 238 sales, 549 active listings and a benchmark sale price of $666,800 with an average of 34 days on market. The hottest market for sales was Downtown VW, 67 sales.

Townhome sales were 20, active listings were 69. The benchmark sale price was $1,061,500 with an average days on market of 35. Kitsilano with 6 sales was the hottest market in December.

It’s a buyer’s market for single family homes.

Vancouver real estate market stats

[Read more…]

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – December 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in December 2016.

Squamish

In December 2016, there were 7 sales of detached homes and 93 active listings in Squamish. The benchmark sale price was $813,500 with an average days on market of 68.

The Condo market had 16 sales and 52 active listings at the end of the month.  The benchmark sale price was $371,000 with an average days on market of 70.

Townhome sales were 11, active listings were 40. The benchmark sale price was $649,400, and the average days on market were 48.

It’s a buyer’s market for single family homes in Squamish.

Squamish real estate market

[Read more…]

Surrey, Langley and Fraser Valley Real Estate Market Statistics – December 2016

 

Here are the latest real estate market statistics from Macdonald Realty on Surrey, White Rock, Langley, and Fraser Valley listings and sales in December 2016.

North Delta

In the North Delta market, the benchmark sale price was $833,300 for detached homes. At the end of December, there were 125 active listings and 20 sales.

The condo market had 6 sales and 7 active listings. The benchmark sale price was $196,700.

Townhomes featured 5 sales, 12 active listings and a $477,700 benchmark sale price.

It’s a balanced market for single family homes in North Delta.

North Delta real estate stats

[Read more…]

Greater Victoria and Vancouver Island Real Estate Market Statistics – December 2016

 

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in December 2016.

Greater Victoria

In December 2016, there were 199 sales of single family homes and 344 active listings in the Greater Victoria. The benchmark sale price was $625,600 with an average days on market of 36. The hottest market for sales was Langford with 43 sales. There were also 8 sales and 132 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 141 sales, 186 active listings at the end of the month.  The benchmark sale price was $373,700 with an average days on market of 31. The hottest market for sales was Victoria, 40 sales.

Townhome sales were 35, active listings were 65 and the benchmark sale price was $502,200. The average days on market were 30, and the hottest market was Langford with 8 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_Dec2016_Victoria

[Read more…]

Greater Vancouver Real Estate Market Statistics – November 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Vancouver listings and sales in November 2016.

Vancouver

In the Vancouver Westside, there were 69 sales of detached homes and 586 active listings at the end of November. The benchmark sale price was $3,521,000, with an average days on market of 48. The hottest market for sales was Point Grey with 13 sales.

In comparison, the condo market had 296 sales, 831 active listings and a benchmark sale price of $686,300 with 26 average days on market. The hottest market for sales was Downtown VW, 71 sales.

Townhome sales were 37, active listings were 111. The benchmark sale price was $1,089,300 with an average days on market of 20. Kitsilano with 7 sales was the hottest market in November.

It’s a buyer’s market for single family homes.

MarketHotSheet_November2016_VanWest

[Read more…]

Okanagan Real Estate Market Statistics – November 2016

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in November 2016.

South Okanagan: Osoyoos, Oliver, and Penticton

In November 2016, there were 83 sales of detached homes and 463 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $432,449 with an average days on market of 92.

The Condo market had 27 sales and 130 active listings at the end of the month.  The average sale price was $200,595 with an average days on market of 94.

Townhome sales were 20, active listings were 85. The average sale price was $288,275, and the average days on market were 56.

MarketHotSheet_November2016_SouthOkanagan

[Read more…]

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – November 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in November 2016.

Squamish

In November 2016, there were 14 sales of detached homes and 117 active listings in Squamish. The benchmark sale price was $792,100 with an average days on market of 74.

The Condo market had 12 sales and 65 active listings at the end of the month.  The benchmark sale price was $361,200 with an average days on market of 47.

Townhome sales were 12, active listings were 53. The benchmark sale price was $628,000, and the average days on market were 32.

It’s a buyer’s market for single family homes in Squamish.

MarketHotSheet_November2016_Squamish

[Read more…]

Luxury Homes Collection Magazine Winter 2016

The winter edition of the Luxury Homes Collection Magazine features some exceptional homes from across British Columbia that are part of the Macdonald Realty Luxury Program. With a diverse collection of properties, from downtown Penthouses to island waterfront cabins there is plenty to see.

Featured in this edition is a message from the President of Luxury Portfolio International®, Paul Boomsma, our network affiliate partner on the global brand. Their LuxeTrends® gives us a look into the future of exploration, innovation and relaxation, with touchscreen fridges and underwater resorts.

Winter 2016 Luxury Homes Collection Magazine

Click magazine cover to view

Gracing our pages this edition are some beautiful locations, with stunning views of the Okanagan vineyards, Georgia Strait beaches, and Squamish mountain ranges. Our cover story denotes the growing luxury properties in the Squamish Valley with 10 properties featured from the region. The Sea-to-Sky corridor is fast becoming a haven for city escapers, first time homeowners and outdoor enthusiasts looking to find affordable luxury and plenty of gorgeous scenery. You can always see our latest luxury property listings online at luxuryhomescollection.ca 

Click Here to View the digital edition on your computer or tablet

Surrey, Langley and Fraser Valley Real Estate Market Statistics – November 2016

Here are the latest real estate market statistics from Macdonald Realty on Surrey, White Rock, Langley, and Fraser Valley listings and sales in November 2016.

North Surrey

In November 2016, there were 46 sales of detached homes and 352 active listings in North Surrey. The benchmark sale price was $836,200.

The condo market had 82 sales, 170 active listings at the end of the month.  The benchmark sale price was $237,300.

In comparison, townhome sales were 28, active listings were 44 and the benchmark sale price was $336,900.

It’s a buyer’s market for single family homes.

MarketHotSheet_November2016_NSurrey

[Read more…]

Greater Victoria and Vancouver Island Real Estate Market Statistics – November 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in November 2016.

Greater Victoria

In November 2016, there were 264 sales of single family homes and 458 active listings in the Greater Victoria. The benchmark sale price was $620,100 with an average days on market of 30. The hottest market for sales was Langford with 50 sales. There were also 25 sales and 138 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 170 sales, 255 active listings at the end of the month.  The benchmark sale price was $371,300 with an average days on market of 33. The hottest market for sales was Victoria, 73 sales.

Townhome sales were 56, active listings were 80 and the benchmark sale price was $501,300. The average days on market were 29, and the hottest market was Langford with 10 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_November2016_Victoria

[Read more…]

Okanagan Real Estate Market Statistics – October 2016

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in October 2016.

South Okanagan: Osoyoos, Oliver, and Penticton

In October 2016, there were 84 sales of detached homes and 538 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $536,283 with an average days on market of 109.

The Condo market had 34 sales and 139 active listings at the end of the month.  The average sale price was $240,829 with an average days on market of 65.

Townhome sales were 26, active listings were 94. The average sale price was $272,162, and the average days on market were 99.

MarketHotSheet_October2016_SouthOkanagan

[Read more…]

Greater Vancouver Real Estate Market Statistics – October 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Vancouver listings and sales in October 2016.

Vancouver

In the Vancouver Westside, there were 79 sales of detached homes and 650 active listings at the end of October. The benchmark sale price was $3,569,700, with an average days on market of 39. The hottest market for sales was Kitsilano with 10 sales.

In comparison, the condo market had 301 sales, 939 active listings and a benchmark sale price of $680,100 with 26 average days on market. The hottest market for sales was Downtown VW, 74 sales.

Townhome sales were 24, active listings were 140. The benchmark sale price was $1,123,800 with an average days on market of 24. Kitsilano with 5 sales was the hottest market in October.

It’s a buyer’s market for single family homes.

MarketHotSheet_October2016_VanWest

[Read more…]

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – October 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in October 2016.

Squamish

In October 2016, there were 11 sales of detached homes and 128 active listings in Squamish. The benchmark sale price was $770,300 with an average days on market of 53.

The Condo market had 10 sales and 58 active listings at the end of the month.  The benchmark sale price was $357,500 with an average days on market of 26.

Townhome sales were 12, active listings were 51. The benchmark sale price was $625,200, and the average days on market were 29.

It’s a buyer’s market for single family homes in Squamish.

MarketHotSheet_October2016_Squamish

[Read more…]

Surrey, Langley and Fraser Valley Real Estate Market Statistics – October 2016

Here are the latest real estate market statistics from Macdonald Realty on Surrey, White Rock, Langley, and Fraser Valley listings and sales in October 2016.

North Surrey

In October 2016, there were 45 sales of detached homes and 382 active listings in North Surrey. The benchmark sale price was $860,200.

The condo market had 85 sales, 190 active listings at the end of the month.  The benchmark sale price was $231,300.

In comparison, townhome sales were 28, active listings were 54 and the benchmark sale price was $344,100.

It’s a buyer’s market for single family homes.

MarketHotSheet_September2016_NSurrey

[Read more…]

Greater Victoria and Vancouver Island Real Estate Market Statistics – October 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in October 2016.

Greater Victoria

In October 2016, there were 333 sales of single family homes and 499 active listings in the Greater Victoria. The benchmark sale price was $618,700 with an average days on market of 28. The hottest market for sales was Langford with 78 sales. There were also 21 sales and 161 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 215 sales, 276 active listings at the end of the month.  The benchmark sale price was $367,800 with an average days on market of 29. The hottest market for sales was Victoria, 85 sales.

Townhome sales were 78, active listings were 102 and the benchmark sale price was $491,500. The average days on market were 31, and the hottest market was Langford with 20 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_September2016_Victoria

[Read more…]

Okanagan Real Estate Market Statistics – September 2016

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in September 2016.

South Okanagan: Osoyoos, Oliver, and Penticton

In September 2016, there were 112 sales of detached homes and 599 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $445,209 with an average days on market of 106.

The Condo market had 33 sales and 153 active listings at the end of the month.  The average sale price was $288,115 with an average days on market of 102.

Townhome sales were 31, active listings were 98. The average sale price was $257,303, and the average days on market were 88.

MarketHotSheet_September2016_SouthOkanagan

[Read more…]

Greater Vancouver Real Estate Market Statistics – September 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Vancouver listings and sales in September 2016.

Vancouver

In the Vancouver Westside, there were 62 sales of detached homes and 699 active listings at the end of September. The benchmark sale price was $3,624,300, with an average days on market of 31. The hottest market for sales was Dunbar with 12 sales.

In comparison, the condo market had 331 sales, 931 active listings and a benchmark sale price of $683,200 with 21 average days on market. The hottest market for sales was Downtown VW, 69 sales.

Townhome sales were 31, active listings were 113. The benchmark sale price was $1,116,300 with an average days on market of 17. Fairview VW with 10 sales was the hottest market in September.

It’s a buyer’s market for single family homes.

MarketHotSheet_September2016_VanWest

[Read more…]

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – September 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in September 2016.

Squamish

In September 2016, there were 19 sales of detached homes and 123 active listings in Squamish. The benchmark sale price was $787,200 with an average days on market of 75.

The Condo market had 13 sales and 51 active listings at the end of the month.  The benchmark sale price was $367,800 with an average days on market of 48.

Townhome sales were 7, active listings were 49. The benchmark sale price was $636,200, and the average days on market were 13.

It’s a buyer’s market for single family homes and townhomes in Squamish.

MarketHotSheet_September2016_Squamish

[Read more…]

Surrey, Langley and Fraser Valley Real Estate Market Statistics – September 2016

Here are the latest real estate market statistics from Macdonald Realty on Surrey, White Rock, Langley, and Fraser Valley listings and sales in September 2016.

North Surrey

In September 2016, there were 40 sales of detached homes and 418 active listings in North Surrey. The benchmark sale price was $870,700.

The condo market had 90 sales, 214 active listings at the end of the month.  The benchmark sale price was $229,200.

In comparison, townhome sales were 28, active listings were 53 and the benchmark sale price was $345,300.

It’s a buyer’s market for single family homes.

MarketHotSheet_September2016_NSurrey

[Read more…]

Greater Victoria Real Estate Market Statistics – September 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in September 2016.

Greater Victoria

In September 2016, there were 341 sales of single family homes and 560 active listings in the Greater Victoria. The benchmark sale price was $615,600 with an average days on market of 33. The hottest market for sales was Saanich East with 80 sales. There were also 24 sales and 179 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 205 sales, 303 active listings at the end of the month.  The benchmark sale price was $362,800 with an average days on market of 31. The hottest market for sales was Victoria, 72 sales.

Townhome sales were 81, active listings were 116 and the benchmark sale price was $486,800. The average days on market were 40, and the hottest market was Langford with 30 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_September2016_Victoria

[Read more…]

Okanagan Real Estate Market Statistics – August 2016

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in August 2016.

South Okanagan: Osoyoos, Oliver, and Penticton

In August 2016, there were 124 sales of detached homes and 646 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $457,550 with an average days on market of 94.

The Condo market had 38 sales and 161 active listings at the end of the month.  The average sale price was $197,717 with an average days on market of 108.

Townhome sales were 37, active listings were 113. The average sale price was $291,574, and the average days on market were 62.

MarketHotSheet_August2016_SouthOkanagan

[Read more…]

Greater Vancouver Real Estate Market Statistics – August 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Vancouver listings and sales in August 2016.

Vancouver

In the Vancouver Westside, there were 63 sales of detached homes and 634 active listings at the end of August. The benchmark sale price was $3,617,400, with an average days on market of 30. The hottest markets for sales were Dunbar and South Granville with 9 sales each.

In comparison, the condo market had 344 sales, 829 active listings and a benchmark sale price of $691,900 with 17 average days on market. The hottest market for sales was Downtown VW, 81 sales.

Townhome sales were 38, active listings were 87. The benchmark sale price was $1,107,000 with an average days on market of 15. Fairview VW and Kitsilano with 8 sales each were the hottest markets in August.

It’s a buyer’s market for single family homes.

MarketHotSheet_August2016_VanWest

[Read more…]

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – August 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in August 2016.

Squamish

In August 2016, there were 23 sales of detached homes and 119 active listings in Squamish. The benchmark sale price was $800,000 with an average days on market of 37.

The Condo market had 11 sales and 50 active listings at the end of the month.  The benchmark sale price was $354,500 with an average days on market of 46.

Townhome sales were 12, active listings were 36. The benchmark sale price was $613,900, and the average days on market were 23.

It’s a balanced market in Squamish.

MarketHotSheet_August2016_Squamish

[Read more…]

Surrey, Langley and Fraser Valley Real Estate Market Statistics – August 2016

Here are the latest real estate market statistics from Macdonald Realty on Surrey, White Rock, Langley, and Fraser Valley listings and sales in August 2016.

North Surrey

In August 2016, there were 59 sales of detached homes and 389 active listings in North Surrey. The benchmark sale price was $886,000.

The condo market had 114 sales, 239 active listings at the end of the month.  The benchmark sale price was $232,200.

In comparison, townhome sales were 35, active listings were 56 and the benchmark sale price was $336,400.

It’s a buyer’s market for single family homes.

MarketHotSheet_August2016_NSurrey

[Read more…]

Greater Victoria Real Estate Market Statistics – August 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in August 2016.

Greater Victoria

In August 2016, there were 380 sales of single family homes and 533 active listings in Greater Victoria. The benchmark sale price was $610,400 with an average days on market of 33. The hottest market for sales was Saanich East with 81 sales. There were also 31 sales and 183 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 265 sales, 292 active listings at the end of the month.  The benchmark sale price was $356,900 with an average days on market of 27. The hottest market for sales was Victoria, 103 sales.

Townhome sales were 73, active listings were 114 and the benchmark sale price was $476,400. The average days on market were 28, and the hottest market was Langford with 22 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_August2016_Victoria

[Read more…]

Greater Vancouver Real Estate Market Statistics – July 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Vancouver listings and sales in July 2016.

Vancouver

In the Vancouver Westside, there were 110 sales of detached homes and 651 active listings at the end of July. The benchmark sale price was $3,591,200, with an average days on market of 27. The hottest market for sales was Dunbar with 19 sales.

In comparison, the condo market had 435 sales, 848 active listings and a benchmark sale price of $698,000 with 18 average days on market. The hottest market for sales was Downtown VW, 105 sales.

Townhome sales were 48, active listings were 87. The benchmark sale price was $1,088,400 with an average days on market of 12. Kitsilano, 12 sales, was the hottest markets in July.

Listings are down. Prices are up. It’s a seller’s market.

MarketHotSheet_July2016_VanWest

[Read more…]

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – July 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in July 2016.

Squamish

In July 2016, there were 23 sales of detached homes and 116 active listings in Squamish. The benchmark sale price was $779,700 with an average days on market of 32.

The Condo market had 10 sales and 48 active listings at the end of the month.  The benchmark sale price was $340,500 with an average days on market of 31.

Townhome sales were 16, active listings were 31. The benchmark sale price was $606,100, and the average days on market were 22.

MarketHotSheet_July2016_Squamish

[Read more…]

Okanagan Real Estate Market Statistics – July 2016

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in July 2016.

South Okanagan: Osoyoos, Oliver, and Penticton

In July 2016, there were 140 sales of detached homes and 654 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $438,712 with an average days on market of 97.

The Condo market had 34 sales and 163 active listings at the end of the month.  The average sale price was $286,884 with an average days on market of 90.

Townhome sales were 28, active listings were 108. The average sale price was $299,857, and the average days on market were 101.

MarketHotSheet_July2016_SouthOkanagan

[Read more…]

Surrey, Langley and Fraser Valley Real Estate Market Statistics – July 2016

Here are the latest real estate market statistics from Macdonald Realty on Surrey, White Rock, Langley, and Fraser Valley listings and sales in July 2016.

North Surrey

In July 2016, there were 71 sales of detached homes and 396 active listings in North Surrey. The benchmark sale price was $889,500, an increase of 45.8% compared to the same month last year.

The condo market had 112 sales, 285 active listings at the end of the month.  The benchmark sale price was $224,900.

In comparison, townhome sales were 41, active listings were 52 and the benchmark sale price was $323,600.

MarketHotSheet_July2016_NSurrey

[Read more…]

Greater Victoria Real Estate Market Statistics – July 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in July 2016.

Greater Victoria

In July 2016, there were 429 sales of single family homes and 575 active listings in Greater Victoria. The benchmark sale price was $603,500 with an average days on market of 32. The hottest market for sales was Saanich East with 92 sales. There were also 35 sales and 185 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 271 sales, 346 active listings at the end of the month.  The benchmark sale price was $350,000 with an average days on market of 33. The hottest market for sales was Victoria, 93 sales.

Townhome sales were 93, active listings were 105 and the benchmark sale price was $476,200. The average days on market were 31, and the hottest market was Langford with 20 sales.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_July2016_Victoria

[Read more…]

Vancouver Olympian Richard Weinberger visits Macdonald Realty

This week Macdonald Realty’s Vancouver office welcomed a special visitor when Canadian Olympic swimmer Richard Weinberger stopped by for a visit.

Richard is a 10K Open Water swimmer and does most of his training at the Kits pool in Vancouver where he got to know one of our Realtors, Peter DeWitt. A two time Olympian (London 2012 & Rio 2016), Richard has been on the Canadian National Team since 2009 and won the bronze medal at the London Games in 2012. This summer he has his eyes set on gold at the Olympic Games in Rio where he is the only Canadian in his race.

Marketing Manager Rosey Hudson with Richard Weinberger

Marketing Manager Rosey Hudson with Richard Weinberger

Macdonald Realty is thrilled to be supporting Richard in his quest for gold and jumped at the opportunity to provide some sponsorship to the athlete. “We all know cost of living is high in Vancouver, and our amateur athletes need all the help they can get to reach their goals,” says Rosey Hudson, Marketing Manager for Macdonald Realty.  “It is a pleasure to support our community and our country in this way.  We’ll all be cheering him on come race day!”

Richard’s 10K Open Water Race is at 8am in Rio (4am Vancouver time) on Tuesday, August 16th. It will take place at the famous Copacabana beach under the Olympic category of Marathon Swimming. The race will take nearly 2 hours to complete in the rough open water of the bay.

Follow Richard’s Olympic journey on Twitter at @RAWeinberger  and watch this recent CBC interview with him.

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General Manager Mark Winter with Richard Weinberger

General Manager Mark Winter with Richard Weinberger

Greater Vancouver Real Estate Market Statistics – June 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Vancouver listings and sales in June 2016.

Vancouver

In the Vancouver Westside, there were 154 sales of detached homes and 620 active listings at the end of June. The benchmark sale price was $3,547,300, with an average days on market of 24. The hottest market for sales was Dunbar with 17 sales.

In comparison, the condo market had 579 sales, 760 active listings and a benchmark sale price of $696,200 with 18 average days on market. The hottest market for sales was Downtown VW, 157 sales.

Townhome sales were 64, active listings were 87. The benchmark sale price was $1,092,900 with an average days on market of 15. Fairview VW and Kitsilano, 12 sales each, were the hottest markets in June.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_June2016_VanWest

[Read more…]

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – June 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in June 2016.

Squamish

In June 2016, there were 20 sales of detached homes and 107 active listings in Squamish. The benchmark sale price was $762,400 with an average days on market of 33.

The Condo market had 15 sales and 44 active listings at the end of the month.  The benchmark sale price was $340,600 with an average days on market of 38.

Townhome sales were 17, active listings were 22. The benchmark sale price was $585,600, and the average days on market were 26.

MarketHotSheet_June2016_Squamish

[Read more…]

Okanagan Real Estate Market Statistics – June 2016

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in June 2016.

South Okanagan: Osoyoos, Oliver, and Penticton

In June 2016, there were 156 sales of detached homes and 683 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $471,612 with an average days on market of 79.

The Condo market had 50 sales and 171 active listings at the end of the month.  The average sale price was $255,944 with an average days on market of 74.

Townhome sales were 37, active listings were 97. The average sale price was $290,330, and the average days on market were 79.

MarketHotSheet_June2016_SouthOkanagan

[Read more…]

Surrey, Langley and Fraser Valley Real Estate Market Statistics – June 2016

Here are the latest real estate market statistics from Macdonald Realty on Surrey, White Rock, Langley, and Fraser Valley listings and sales in June 2016.

North Surrey

In June 2016, there were 132 sales of detached homes and 329 active listings in North Surrey. The benchmark sale price was $878,300, an increase of 46.6% compared to June 2015.

The condo market had 137 sales, 290 active listings at the end of the month.  The benchmark sale price was $219,800.

In comparison, townhome sales were 39, active listings were 55 and the benchmark sale price was $306,000.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_June2016_NSurrey

[Read more…]

Greater Victoria Real Estate Market Statistics – June 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in June 2016.

Greater Victoria

In June 2016, there were 543 sales of single family homes and 581 active listings in Greater Victoria. The benchmark sale price was $593,700 with an average days on market of 32. The hottest market for sales was Saanich East with 103 sales. There were also 38 sales and 207 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 338 sales, 401 active listings at the end of the month.  The benchmark sale price was $342,200 with an average days on market of 33. The hottest market for sales was Victoria, 130 sales.

Townhome sales were 92, active listings were 113 and the benchmark sale price was $461,900. The average days on market were 31, and the hottest market was Langford with 38 sales.

Listings are down. Prices are up. It’s a seller’s market.

MarketHotSheet_June2016_Victoria

[Read more…]

Luxury Homes Magazine summer 2016 edition

This summer edition of Macdonald Realty’s Luxury Homes Collection magazine is our largest edition to date and features more luxury listings than ever before! A sure sign of the record breaking spring that real estate markets across British Columbia have been experiencing this year.

Our cover home 530 Eastcot Road is a $6.988 million dollar property in British Properties, West Vancouver. The epitome of modern Italian elegance with over 8000 sq ft of indoor living space, and gorgeous outdoor vignettes await the buyer of this luxury property.  We also feature an $18 million dollar heritage mansion in Shaughnessy, a $14 million dollar two-level suite in Three Harbour Green at Coal Harbour, and spectacular custom built homes in the red hot market of Squamish.

Summer 2016 Luxury Homes Collection magazine

Click magazine cover to view

Looking for your own piece of B.C.’s stunning waterfront? We have luxury waterfront properties for sale in Victoria, Nanaimo, Pender Island, Galiano Island, Salt Spring Island, Bowen Island and the Okanagan included in this edition of the Luxury Homes Collection magazine.  You can always see our latest luxury property listings online at luxuryhomescollection.ca 

Think Pink! with the return of our B.C. Wine Feature which shines a spotlight on the best VQA rose wines including 2015’s from Fort Berens, Clos du Soleil and Joie.

Click here to view the digital edition on your computer or tablet.

Greater Vancouver Real Estate Market Statistics – May 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Vancouver listings and sales in May 2016.

Vancouver

In the Vancouver Westside, there were 191 sales of detached homes and 587 active listings at the end of May. The benchmark sale price was $3,442,100, with an average days on market of 30. The hottest market for sales was Fairview VW with 37 sales.

In comparison, the condo market had 573 sales, 764 active listings and a benchmark sale price of $673,000 with 22 average days on market. The hottest market for sales was Downtown VW, 115 sales.

Townhome sales were 74, active listings were 83. The benchmark sale price was $1,035,400 with an average days on market of 16. Kitsilano, 14 sales, was the hottest market for sales in May.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_May2016_VanWest

[Read more…]

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – May 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in May 2016.

Squamish

In May 2016, there were 40 sales of detached homes and 84 active listings in Squamish. The benchmark sale price was $729,300 with an average days on market of 36.

The Condo market had 22 sales and 43 active listings at the end of the month.  The benchmark sale price was $330,900 with an average days on market of 41.

Townhome sales were 23, active listings were 18. The benchmark sale price was $575,700, and the average days on market were 19.

MarketHotSheet_May2016_Squamish

[Read more…]

Okanagan Real Estate Market Statistics – May 2016

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in May 2016.

South Okanagan: Osoyoos, Oliver, and Penticton

In May 2016, there were 192 sales of detached homes and 684 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $469,692 with an average days on market of 77.

The Condo market had 41 sales and 179 active listings at the end of the month.  The average sale price was $242,459 with an average days on market of 112.

Townhome sales were 46, active listings were 101. The average sale price was $252,502, and the average days on market were 77.

MarketHotSheet_May2016_SouthOkanagan

[Read more…]

Surrey, Langley and Fraser Valley Real Estate Market Statistics – May 2016

Here are the latest real estate market statistics from Macdonald Realty on Surrey, Langley, and Fraser Valley listings and sales in May 2016.

North Surrey

In May 2016, there were 154 sales of detached homes and 292 active listings in North Surrey. The benchmark sale price was $853,600, an increase of 45.0% compared to May 2015.

The condo market had 119 sales, 348 active listings at the end of the month.  The benchmark sale price was $216,800.

In comparison, townhome sales were 34, active listings were 53 and the benchmark sale price was $289,400.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_May2016_NSurrey

[Read more…]

Macdonald Realty nominated for HGTV’s Ultimate House Hunt 2016

It is time for HGTV.com’s Ultimate House Hunt once again!

This year Macdonald Realty is nominated in the Best International Home category for a spectacular Three-Level Penthouse in Vancouver, Canada.  This is the category we won last year for The Sanctuary, a luxury home we listed and sold in Squamish B.C.

spectacular Three-Level Penthouse in Vancouver

SENSATIONAL TROPHY VANCOUVER PENTHOUSE – Atop a 32 storey skyscraper this three level sky mansion sprawls over 6,000 square feet of living space and 1,700 square feet of terraces. Outstanding first impressions from the direct elevator access leading to a grand living room featuring soaring 16 foot ceilings, panoramic English Bay views and a grand curved staircase. Master boasts gas fireplace, large steam shower and a two person jetted tub situated mid room. Main level offers second master suite with fireplace and numerous built-in cabinets. Bespoke chef’s kitchen with 48 inch Décor six burner range, numerous built-in ovens and appliances anchored by huge granite island and access to 700 square foot terrace with fireplace and built-in Viking BBQ. Family room with grand wet bar, air conditioning, concierge and six-car private garage. LP $7,838,000

Macdonald Realty nominated for HGTV luxury home contest

Tour amazing homes across the globe, vote for your favourites, and enter for your chance to win a $10,000 cash prize! And remember you can vote for your favourites once a day. Follow the instructions below to vote for Macdonald Realty’s Nominee for HGTV’s Ultimate House Hunt 2016:

Step 1: Tour the homes in the category.
Step 2: When you’ve found your favorite, click “I’m Ready to Vote.”
Step 3: Choose your favorite by clicking “Vote.”
Step 4: Click “Continue to Next Category” to tour more homes.

Click here to vote.

Vote for HGTV's Ultimate House Hunt 2016

Greater Victoria Real Estate Market Statistics – May 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in May 2016.

Greater Victoria

In May 2016, there were 597 sales of single family homes and 628 active listings in Greater Victoria. The benchmark sale price was $584,700 with an average days on market of 29. The hottest market for sales was Saanich East with 125 sales. There were also 42 sales and 192 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 379 sales, 459 active listings at the end of the month.  The benchmark sale price was $332,900 with an average days on market of 32. The hottest market for sales was Victoria, 142 sales.

Townhome sales were 126, active listings were 132 and the benchmark sale price was $457,000. The average days on market were 39, and the hottest markets were Victoria and Langford with 28 sales each.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_May2016_Victoria

[Read more…]

Macdonald Realty participating in upcoming NEXTGENre Vancouver conference

Tore Jacobsen, Sales ManagerTore Jacobsen, Sales Manager at Macdonald Realty’s Fraser Valley offices in South Surrey/White Rock and Langley, will be participating at the upcoming NEXTGENre – A Bar Camp Experience conference in Burnaby on May 31st.  Tore will be moderating the session on thriving international and local real estate markets, as well as participating on the office culture and leadership panel.

Tickets for the NEXTGENre Vancouver event at the Hilton Metrotown are still available and  cost only $79.

Click here to order your ticket.

 

National conference series NEXTGENre heads to Vancouver

During the last six years, NEXTGENre – A Bar Camp Experience has brought together more than 2,500 real estate professionals and more than 150 facilitators and speakers.

“This is the only national real estate conference of its kind that is ‘brand agnostic’, meaning that there is no single real estate brand that is sponsoring this event,” says co-founder Kelly Skar.
The first of this year’s events recently took place in Calgary. The next one will be in Burnaby, B.C. on May 31 and two more will follow later in the year in Ontario.

“We care for the success of the industry and its agents first and foremost and we believe we have something truly authentic and relevant to offer,” says Virginia Munden, co-founder. “Our goal is to make you resilient in any marketplace and thrive with success. Our networking encourages collaboration and co-operation in a forum through peer-sharing.”

The event offers 31 “think tank sessions” throughout the day with topics including technology, social media, business, mobile, digital, brand, leadership, content marketing, lead generation, communication and philanthropy.

“We are currently selecting corporate and independent boutique brands to be a part of this authentic un-conference,” says Munden.

For more information, visit their Facebook group page.

(Source:  REM Online)

 

NEXTGENre 2016 Conference Vancouver

 

B.C. takes aim at shadow flipping in the real estate market

Business News Network (BNN) speaks with Jonathan Cooper of Macdonald Real Estate Group on the BC government’s new regulations aimed at what is called “shadow flipping”. While the aim is to further protect sellers in residential real estate transactions, just how much of an effect will this move have on the hot housing market?

Click the video to watch.

(To view the video on mobile devices, please click here.)
[Read more…]

2016 Chamber Award Nominees: Macdonald Realty Victoria and Branch Manager Nathalie Ghoos

This year our Macdonald Realty Victoria office was a finalist for Employer of the Year in the 2016 Greater Victoria Business Awards held by the Chamber of Commerce! In addition, Victoria office’s Branch Manager Nathalie Ghoos was a finalist for Employee of the Year.

129_Ara_Balabanian                     natalievictoria
Ara Balabanian                                                   Nathalie Ghoos
Managing Broker, Victoria                                Branch Manager, Victoria

Congratulations to all the nominees, finalists, and winners who were a part of this great event. Find out more info about the Victoria office in the video below.

[Read more…]

Okanagan Real Estate Market Statistics – April 2016

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in April 2016.

South Okanagan: Osoyoos, Oliver, and Penticton

In April 2016, there were 133 sales of detached homes and 666 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $456,129 with an average days on market of 107.

The Condo market had 24 sales and 224 active listings at the end of the month.  The average sale price was $212,250 with an average days on market of 105.

Townhome sales were 30, active listings were 115. The average sale price was $252,505, and the average days on market were 54.

MarketHotSheet_April2016_SouthOkanagan

[Read more…]

Greater Vancouver Real Estate Market Statistics – April 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Vancouver listings and sales in April 2016.

Vancouver

In the Vancouver Westside, there were 231 sales of detached homes and 590 active listings at the end of April. The benchmark sale price was $3,199,600, with an average days on market of 29. The hottest market for sales was Dunbar with 42 sales.

In comparison, the condo market had 559 sales, 763 active listings and a benchmark sale price of $656,900 with 23 average days on market. The hottest market for sales was Downtown VW, 129 sales.

Townhome sales were 75, active listings were 84. The benchmark sale price was $966,400 with an average days on market of 18. Kitsilano, 19 sales, was the hottest market for sales in April.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_April2016_VanWest

[Read more…]

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – April 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in April 2016.

Squamish

In April 2016, there were 47 sales of detached homes and 74 active listings in Squamish. The benchmark sale price was $687,100 with an average days on market of 25.

The Condo market had 36 sales and 41 active listings at the end of the month.  The benchmark sale price was $323,800 with an average days on market of 26.

Townhome sales were 14, active listings were 20. The benchmark sale price was $574,000, and the average days on market were 16.

MarketHotSheet_April2016_Squamish

[Read more…]

Surrey, Langley and Fraser Valley Real Estate Market Statistics – April 2016

Here are the latest real estate market statistics from Macdonald Realty on Surrey, Langley, and Fraser Valley listings and sales in April 2016.

North Surrey

In April 2016, there were 144 sales of detached homes and 263 active listings in North Surrey. The benchmark sale price was $776,900, an increase of 34.1% compared to April 2015.

The condo market had 94 sales, 382 active listings at the end of the month.  The benchmark sale price was $214,500.

In comparison, townhome sales were 46, active listings were 45 and the benchmark sale price was $281,800.

Listings are down. Sales are up. It’s a seller’s market.

 

MarketHotSheet_April2016_NSurrey
[Read more…]

Greater Victoria Real Estate Market Statistics – April 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in April 2016.

Greater Victoria

In April 2016, there were 653 sales of single family homes and 693 active listings in Greater Victoria. The benchmark sale price was $568,100 with an average days on market of 33. The hottest market for sales was Saanich East with 142 sales followed by Langford with 114 sales. There were also 30 sales and 198 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 293 sales, 553 active listings at the end of the month.  The benchmark sale price was $326,800 with an average days on market of 41. The hottest market for sales was Victoria, 117 sales.

Townhome sales were 122, active listings were 145 and the benchmark sale price was $442,200. The average days on market were 44, and the hottest markets were Victoria and Langford with 18 sales each.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_April2016_Victoria

[Read more…]

Macdonald Realty sponsoring Maple Ridge Home Show

Our Maple Ridge office is sponsoring the Ridge Meadows Home Show this weekend,  and providing  shuttle service from the Albion Sports Complex parking to Albion Fairgrounds event space.  Say hi to our team driving the golf carts!

Shuttle service at Maple Ridge Home Show

 

HOME SHOW: ‘Wheely’ good fun on tap in Maple Ridge this weekend

Source:  Maple Ridge & Pitt Meadows Times

Feeling sporty this weekend?

Then head down to Albion Fairgrounds where you can take in high-flying BMXers and bubble ball soccer demos during the Ridge Meadows Home Show.

There’ll be high flying action in the corral, as some of the top-ranked riders in the world take bring big air jumps and half pipe demos to the home show.

This is a get-active “try it zone” with bicycles and safety gear provided and patrons encouraged to give the sport of BMX a try.

There will also be a scooter course for scooter enthusiasts.

Returning to the fairgrounds this weekend is the Action Sports Extreme Stunt Show.

Sponsored by Macdonald Realty (which also provides a shuttle service from the Albion Sports Complex to Albion Fairgrounds during the weekend), and presented by Maple Ridge Cycle, Ridge Meadows BMX, Big Steel Box, Timberline Ranch, and The Creative Ride, the stunt show is always popular.

The Stunt Show:

• Friday at 7 p.m.,

• Saturday at 11 a.m. and 4 p.m., and

• Sunday at 11 a.m. and 2 p.m.

From its formative years in the early 1970s to today, BMX is still flourishing.

“If it wasn’t for these people doing [jumps and racing] I wouldn’t have gotten into this business,” said Troy Scott, the owner-manager of Maple Ridge Cycle, which is helping present the stunt show.

“Dirt jumping has always been exciting – that’s why my shop’s been around so long. A lot of the stuff we sell are involved with these types of [BMX] bicycles.”

Scott said BMX’s staying power remains strong, in a world where most kids are drawn to computers and iGadgets.

“It [BMX’ing] competes with iPads and iPods,” Scott said. “When parents get Christmas lists and bikes are in front of iPads – you don’t see that very often anymore.”

The passion for BMX locally is part of the reason why this showcase returns each year to the home show.

“We need something for the kids and grandkids to do while parents are looking at renos,” Scott said.

Since it’s an outdoor display, “Mother Nature plays a big part in it,” Scott said.

Former professional BMXer Nate Berkheimer plays a big role in the BMX show.

Berkheimer, who has more than two decades of BMX experience, made several dirt jumping finals at the Dew Tour.

The Maple Ridge resident competed professionally in both racing and freestyle (stunt riding).

“Nate has a lot of his guest riders come out and they put on a good show,” said Travis Franklin, who along with fellow realtor John Johnson helps organize the shuttles and stunt show on behalf of Macdonald Realty.

“They do stunts, back flips… everything on the ramps. It’s quite exciting to watch.”

Meanwhile, for little ones anxious to try bike riding, check out Tykes for Tots.

Bubble soccer

For soccer fans, West Coast Auto Group Football Club (WCAGFC) is bringing a unique twist on the “beautiful game” to the home show.

Bubble soccer demos will be happening throughout the weekend.

According to Bubble Soccer Vancouver, players are outfitted in “zorb-like inflatable bubble suits” which keep them safe “as they roll around, flip right over and collide with each other – all while trying to score goals.”

WCAGFC offers its own bubble soccer programs for U8 players right up to adults (visit westcoastfc.ca/Bubble_Soccer).

“People have a chance to give it a go,” WCAGFC executive director Misty Thomas said. “It’s exhausting, actually, to play it. It’s quite active and mostly people spend a lot of energy laughing. As we keep saying, it’s one of the few sports where spectators can actually have as much fun as the actual participants.

Watching bubble soccer is hilarious.”

Luxury Portfolio International: A New Kind of Luxury Leader

Ever wonder about the origin story behind Luxury Portfolio International®?

Luxury Portfolio International’s President, Paul Boomsma and Executive Vice President, Stephanie Pfeffer Anton are on the cover of RIS Media’s Real Estate Magazine April 2016 Edition.

Click the magazine cover and find out how market-leading independent firms joined forces to create luxury real estate’s most powerful network.

rismediacover.pdf

 

Loonie Driving American Home Buyers Interest in BC

Jonathan Cooper, Vice President, Operations of Macdonald Real Estate Group, was on Business News Network (BNN) speaking about the pick-up in American home buyers in BC and how the loonie has been driving that interest.

Click the video to watch.

Okanagan Real Estate Market Statistics – March 2016

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in March 2016.

South Okanagan: Osoyoos, Oliver, and Penticton

In March 2016, there were 107 sales of detached homes and 637 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $394,113 with an average days on market of 89.

The Condo market had 38 sales and 214 active listings at the end of the month.  The average sale price was $223,574 with an average days on market of 86.

Townhome sales were 25, active listings were 99. The average sale price was $276,880, and the average days on market were 85.

MarketHotSheet_March2016_SouthOkanagan

[Read more…]

Greater Vancouver Real Estate Market Statistics – March 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Vancouver listings and sales in March 2016.

Vancouver

In the Vancouver Westside, there were 221 sales of detached homes and 571 active listings at the end of March. The benchmark sale price was $3,072,000, with an average days on market of 25. The hottest market for sales was Dunbar with 36 sales.

In comparison, the condo market had 683 sales, 722 active listings and a benchmark sale price of $635,300 with 22 average days on market. The hottest market for sales was Downtown VW, 168 sales.

Townhome sales were 77, active listings were 88. The benchmark sale price was $939,000 with an average days on market of 19. Kitsilano, 14 sales, was the hottest market for sales in March.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_March2016_VanWest

[Read more…]

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – March 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler and Sunshine Coast listings and sales in March 2016.

Squamish

In March 2016, there were 34 sales of detached homes and 64 active listings in Squamish. The benchmark sale price was $658,600 with an average days on market of 36.

The Condo market had 26 sales and 55 active listings at the end of the month.  The benchmark sale price was $310,500 with an average days on market of 23.

Townhome sales were 19, active listings were 21. The benchmark sale price was $550,900, and the average days on market were 24.

MarketHotSheet_March2016_Squamish

[Read more…]

Greater Victoria Real Estate Market Statistics – March 2016

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria and Vancouver Island listings and sales in March 2016.

Greater Victoria

In March 2016, there were 537 sales of single family homes and 766 active listings in Greater Victoria. The benchmark sale price was $552,800 with an average days on market of 30. The hottest market for sales was Saanich East with 134 sales followed by Langford with 81 sales. There were also 25 sales and 181 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 276 sales, 479 active listings at the end of the month.  The benchmark sale price was $322,600 with an average days on market of 52. The hottest market for sales was Victoria, 110 sales.

Townhome sales were 132, active listings were 160 and the benchmark sale price was $432,400. The average days on market were 40, and the hottest markets was Victoria with 24 sales.

Listings are down. Sales are up. It’s a seller’s market.

 

MarketHotSheet_March2016_Victoria

[Read more…]

Surrey, Langley and Fraser Valley Real Estate Market Statistics – March 2016

Macdonald Realty’s offices from Surrey, White Rock/South Surrey, and Langley present these real estate reports of the residential markets for the Fraser Valley areas last month. For a full breakdown on inventory and sales for both detached homes and condos, as well as the type of market, please click the link below.

North Surrey

In March 2016, there were 153 sales of detached homes and 227 active listings in North Surrey. The benchmark sale price was $735,100, an increase of 29.0% compared to March 2015.

The condo market had 118 sales, 373 active listings at the end of the month.  The benchmark sale price was $211,700.

In comparison, townhome sales were 39, active listings were 57 and the benchmark sale price was $279,100.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_March2016_NSurrey

[Read more…]

Greater Vancouver Real Estate Market Statistics – February 2016

Here are the latest real estate market statistics from Macdonald Realty on Vancouver, North Shore, Tri-Cities and other Greater Vancouver listings and sales in February 2016.

 

Vancouver

In the Vancouver Westside, there were 226 sales of detached homes and 591 active listings at the end of February. The benchmark sale price was $3,003,800, with an average days on market of 20. The hottest market for sales was Dunbar with 40 sales.

In comparison, the condo market had 551 sales, 802 active listings and a benchmark sale price of $624,800 with 24 average days on market. The hottest market for sales was Downtown VW, 152 sales.

Townhome sales were 56, active listings were 86. The benchmark sale price was $907,200 with an average days on market of 31. Kitsilano, 10 sales, was the hottest market for sales in February.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_Feb2016_VanWest
The Vancouver Eastside had 168 sales and 349 active listings for detached homes at the end of the month. The benchmark sales price was $1,265,800, and the average days on market were 19. The hottest sales market was Grandview VE with 22 sales.

The condo market featured 140 sales240 active listing, and a benchmark sales price was $385,300. The average days on market were 24 days, and the hottest market for sales was Mount Pleasant VE with 40 sales.

The townhome market, on the other hand, had 25 sales and 30 active listings. The benchmark sale price was $683,600 with 22 average days on market. Champlain Heights and Mount Pleasant had the most sales in February at 5 each.

MarketHotSheet_Feb2016_VanEast

 

North Shore

In February, the North Vancouver market had 159 sales and 210 active listings for detached homes. The benchmark sale price was $1,382,000 with an average days on market of 16. Upper Lonsdale, 24 sales, had the most sales activity.

There were 129 sales and 173 active listings for condos. The benchmark sale price was $399,000 with 25 average days on market. The neighbourhood of Lower Lonsdale with 43 sales was the hottest sales market.

Townhome sales were 42active listings were 46, the benchmark sale price was $728,200, and the average days on market were 22. Hamilton with 5 sales had the most sales activity.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_Feb2016_NorthVan
The West Vancouver market had 141 sales and 388 active listings for detached homes. The benchmark sale price was $2,710,500 with 29 average days on market. Ambleside with 26 sales was the neighbourhoods with the most sales activity.

Condo sales were 17 and active listings were 85 at the end of the month. The benchmark sales price was $761,600 with an average days on market of 38. Same as detached homes, Ambleside had the most sales in February at 11.

In comparison, townhome market had 3 sales and 6 active listings; the average days on market were 29.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_Feb2016_WestVan

 

Tri Cities

In the Coquitlam market, there were 177 sales and 232 active listings for detached homes at the end of February. The benchmark sale price was $1,006,900, and the average days on market were 25. Burke Mountain and Central Coquitlam, with 35 sales each, experienced the most sales activity.

The condo market had 136 sales and 170 active listings. The benchmark sale price was $312,700 with 31 average days on market. The hottest market for sales was North Coquitlam, 60 sales.

Townhome featured 52 sales and 45 active listings. The benchmark sales price was $471,500 with an average days on market of 16. Burke Mountain, 21 sales, was the neighbourhood with the most sales activity.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_Feb2016_Coquitlam
The Port Coquitlam had 80 sales and 61 active listings for detached homes. The benchmark sale price was $776,800 with an average days on market of 12. Glenwood PQ with 20 sales experienced the most sales activity of the month.

Condo featured 76 sales96 active listings, a $263,500 benchmark sales price, and 23 average days on market. Central Pt Coquitlam had the most sales activity at 67.

In comparison, townhome had 30 sales and 36 active listings. The benchmark sales price was $462,500 with an average days on market of 15. Riverwood was the hottest market with 12 sales.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_Feb2016_PortCoquitlam
There were 31 sales and 64 active listings for detached homes in the Port Moody market. The benchmark sale price was $1,164,800, and the average days on market were 29. Heritage Mountain had the most sales activity of 7.

The condo market featured 34 sales49 active listings$413,000 benchmark sale price, and 21 average days on market. Port Moody Centre, 23 sales, had most sales activity.

In comparison, townhome sales were 15active listings were 12 and the benchmark sale price was $526,100. The average days on market were 12, and Heritage Woods PM with 4 sales was the hottest market for sales.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_Feb2016_PortMoody
The followings are the summaries of the surrounding areas:

Burnaby East

MarketHotSheet_Feb2016_BurnabyEast

 

Burnaby North

MarketHotSheet_Feb2016_BurnabyNorth

 

Burnaby South

MarketHotSheet_Feb2016_BurnabySouth

 

New Westminster

MarketHotSheet_Feb2016_NewWest

 

Richmond

MarketHotSheet_Feb2016_Richmond

 

Maple Ridge

MarketHotSheet_Feb2016_MapleRidge

 

Ladner

MarketHotSheet_Feb2016_Ladner

 

Tsawwassen

MarketHotSheet_Feb2016_Tsawwassen

 

Pitt Meadows

MarketHotSheet_Feb2016_PittMeadows

 

Bowen Island

MarketHotSheet_Feb2016_BowenIsland

 

Looking for more information about the real estate market in specific neighbourhoods in the Greater Vancouver? 

Macdonald Realty has offices across the Greater Vancouver. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

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MLS® Home Price Index (HPI) Benchmark Price 
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.
This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org
Categories:

Okanagan Real Estate Market Statistics – February 2016

Here are the latest real estate market statistics from Macdonald Realty on Kelowna and Okanagan listings and sales in February 2016.

South Okanagan: Osoyoos, Oliver, and Penticton

In February 2016, there were 68 sales of detached homes and 620 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $414,961 with an average days on market of 98.
The Condo market had 19 sales and 221 active listings at the end of the month. The average sale price was $216,000 with an average days on market of 81.
Townhome sales were 17, active listings were 91. The average sale price was $277,775, and the average days on market were 87.

MarketHotSheet_Feb2016_SouthOkanagan

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area, the average sale price was$391,584 with an average days on market of 110 days for detached homes. At the end of February, there were 70 sales and 438 active listings.

There were 14 sales and 119 active listings for condos. The average sale price was $163,825, and the average days on market were 115.

In comparison, townhome featured 19 sales, 129 active listings and a $302,053 average sale price with 93 average days on market.

MarketHotSheet_Feb2016_NorthOkanagan

Central Okanagan: Kelowna and Lake Country

There were 194 sales797 active listings, and a $552,761 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country. The average days on market were 66.

The condo market featured 87 sales and 418 active listings at the end of the month. The average sale price was $309,694 with 67 average days on market.

Townhome sales were 81active listings were 268, average sale price was $366,154, and the average days on market were 85.

MarketHotSheet_Feb2016_CentralOkanagan

 

 

Looking for more information about the real estate market in specific neighbourhoods in Okanagan?

Macdonald Realty has offices in Kelowna and Osoyoos. Please email macrealty@macrealty.comor call 1-877-278-3888 to be matched with a REALTOR® working in your area.

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This blog post is based on market data provided by the South Okanagan Real Estate Board (SOREB) www.soreb.organd Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.

Squamish and Whistler Real Estate Market Statistics – February 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler and Sunshine Coast listings and sales in February 2016.

Squamish

In February 2016, there were 27 sales of detached homes and 59 active listings in Squamish. The benchmark sale price was $642,800 with an average days on market of 56.

The Condo market had 17 sales and 43 active listings at the end of the month. The benchmark sale price was $296,600 with an average days on market of 28.

Townhome sales were 16, active listings were 16. The benchmark sale price was $508,200, and the average days on market were 23.

MarketHotSheet_Feb2016_Squamish

 

Whistler

In the Whistler market, the benchmark sale price was $1,098,000 with an average days on market of 178 days for detached homes. At the end of February, there were 18 sales and 87 active listings.

In comparison, the condo market had 52 sales and 124 active listings. The benchmark sale price was $299,500, and the average days on market were 104.

Townhome featured 18 sales, 54 active listings and a $632,800 benchmark sale price with 126 average days on market.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_Feb2016_Whistler

 

 

Sunshine Coast

There were 83 sales316 active listings, and a $398,100 benchmark sale price for detached homes in the Sunshine Coast market. The average days on market were 120.

The condo market featured 8 sales63 active listings and 192 average days on market.

In comparison, townhome sales were 8active listings were 29 and the average days on market were 122.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_Feb2016_SunshineCoast
Looking for more information about the real estate market in specific neighbourhoods in Squamish, Whistler, and Sunshine Coast?

Macdonald Realty has offices in Squamish and Whistler. Please email macrealty@macrealty.comor call 1-877-278-3888 to be matched with a REALTOR® working in your area.

—–

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

Surrey, Langley and Fraser Valley Real Estate Market Statistics – February 2016

Here are the latest real estate market statistics from Macdonald Realty on Surrey, Langley and Fraser Valley listings and sales in February 2016.

North Surrey

In February 2016, there were 107 sales of detached homes and 168 active listings in North Surrey. The benchmark sale price was $711,400, an increase of 26.9% compared to February 2015.

The condo market had 73 sales, 349 active listings at the end of the month. The benchmark sale price was $204,700.

In comparison, townhome sales were 36, active listings were 62 and the benchmark sale price was $267,400.

Listings are down. Sales are up. It’s a seller’s market.

MarketHotSheet_Feb2016_NSurrey

[Read more…]

Greater Victoria Real Estate Market Statistics – February 2016

Here are the latest real estate market statistics from Macdonald Realty on Vancouver Island and Greater Victoria listings and sales in February 2016.

Greater Victoria

In February 2016, there were 378 sales of single family homes and 659 active listings in Greater Victoria. The benchmark sale price was $537,200 with an average days on market of 39. The hottest market for sales was Saanich East with 86 sales followed by Langford with 59 sales. There were also 21 sales and 177 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 207 sales, 504 active listings at the end of the month. The benchmark sale price was $312,200 with an average days on market of 55. The hottest market for sales was Victoria, 89 sales.

Townhome sales were 66, active listings were 182 and the benchmark sale price was $428,300. The average days on market were 60, and the hottest markets were View Royal and Central Saanich, 9 sales each.

Listings are down. Sales are up. It’s a seller’s market.

Feb2016_Victoria

 

The following is the summary of Vancouver Island market:

Feb2016_VanIsland

 

Looking for more information about the real estate market in specific neighbourhoods in Victoria, Vancouver Island and the Gulf Islands? 

Macdonald Realty has offices in downtown VictoriaSidneyParksville and on Salt Spring Island. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

—–

MLS® Home Price Index (HPI) Benchmark Price 
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.
This blog post is based on market data provided by the Victoria Real Estate Board (VREB) www.vreb.org and the Vancouver Island Real Estate Board (VIREB) www.vireb.com. Market data from the VIREB includes listings and sales in Campbell River, Comox Valley, Cowichan Valley Nanaimo, Parksville/Qualicum, Port Alberni/West, North Island, and the Islands.

Macdonald Realty Luxury Homes Magazine | Spring 2016

The latest edition of Macdonald Realty Luxury Homes is now available! This publication showcases unique and luxurious homes listed with Macdonald Realty from across the province.

Highlights of this Spring 2016 issue include an exceptional “Super Prime Real Estate” in Vancouver, an article on Americans Investing Abroad and a new LuxeTrends: Make 2016 a Family Focused Year, content courtesy of our partner Luxury Portfolio International.

Simply click the cover image below to see the digital version and to download the full PDF on your tablet or computer!

LuxuryMagazine_Spring2016_cover

Greater Vancouver Real Estate Market Statistics – January 2016

Here are the latest real estate market statistics from Macdonald Realty on Vancouver, North Shore, Tri-Cities and other Greater Vancouver listings and sales in January 2016.

Vancouver

In the Vancouver Westside, there were 135 sales of detached homes and 502 active listings at the end of January. The benchmark sale price was $2,928,800, with an average days on market of 42. The hottest market for sales was Shaughnessy with 16 sales.

In comparison, the condo market had 307 sales, 768 active listings and a benchmark sale price of $599,200 with 32 average days on market. The hottest market for sales was Downtown VW, 75 sales.

Townhome sales were 31, active listings were 80. The benchmark sale price was $892,600 with an average days on market of 48. University VW, 5 sales, was the hottest market for sales in January.

Listings are down. Sales are up. It’s a seller’s market.

 

Jan2016_VanWest

 

The Vancouver Eastside had 98 sales and 314 active listings for detached homes at the end of the month. The benchmark sales price was $1,234,100, and the average days on market were 35. The hottest sales market was Killarney VE with 15 sales.
The condo market featured 88 sales, 209 active listing, and a benchmark sales price was $373,800. The average days on market were 43 days, and the hottest market for sales was Mount Pleasant VE with 21 sales.
The townhome market, on the other hand, had 10 sales and 36 active listings. The benchmark sale price was $661,200 with 36 average days on market. Champlain Heights had the most sales in January at 4.
Jan2016_VanEast

[Read more…]

Squamish, Whistler, and Sunshine Coast Real Estate Market Statistics – January 2016

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler and Sunshine Coast listings and sales in January 2016.

Squamish

In January 2016, there were 17 sales of detached homes and 54 active listings in Squamish. The benchmark sale price was $651,400 with an average days on market of 48.
The Condo market had 7 sales and 32 active listings at the end of the month. The benchmark sale price was $312,600 with an average days on market of 37.
Townhome sales were 4, active listings were 17. The benchmark sale price was $482,900, and the average days on market were 9.

Jan2016_Squamish

[Read more…]

Okanagan Real Estate Market Statistics – January 2016

Here are the latest real estate market statistics from Macdonald Realty on Kelowna and Okanagan listings and sales in January 2016.

South Okanagan: Osoyoos, Oliver, and Penticton

In January 2016, there were 48 sales of detached homes and 579 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $433,040 with an average days on market of 105.
The Condo market had 21 sales and 214 active listings at the end of the month. The average sale price was $238,821 with an average days on market of 114.
Townhome sales were 10, active listings were 78. The average sale price was $278,305, and the average days on market were 87.
[Read more…]

Surrey, Langley and Fraser Valley Real Estate Market Statistics – January 2016

Here are the latest real estate market statistics from Macdonald Realty on Surrey, Langley and Fraser Valley listings and sales in January 2016.

White Rock/South Surrey

There were 140 sales, 299 active listings, and a $1,122,100 benchmark sale price for detached homes in the White Rock/South Surrey market.

The condo market featured 39 sales, 240 active listings and a benchmark sale price of $277,200 at the end of the month.

In comparison, townhome sales were 55, active listings were 131 and the benchmark sale price was $467,400.

Listings are down. Sales are up. It’s a seller’s market.

Jan2016_WhiteRockSouthSurrey

[Read more…]

Victoria Real Estate Market Statistics – January 2016

Here are the latest real estate market statistics from Macdonald Realty on Vancouver Island and Greater Victoria listings and sales in January 2016.

Greater Victoria

In January 2015, there were 225 sales of single family homes and 607 active listings in Greater Victoria. The benchmark sale price was $524,000 with an average days on market of 53. The hottest market for sales was Saanich East with 49 sales followed by Langford with 35 sales. There were also 13 sales and 150 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 151 sales, 511 active listings at the end of the month. The benchmark sale price was $302,900 with an average days on market of 70. The hottest market for sales was Victoria, 56 sales.

Townhome sales were 58, active listings were 172 and the benchmark sale price was $425,100. The average days on market were 68, and the hottest market was Saanich East with 9 sales.

Listings are down. Sales are up. It’s a seller’s market.

Jan2016_Victoria

[Read more…]

Macdonald Realty CEO Lynn Hsu recognized in the 2016 Swanepoel Power 200 List

Macdonald Realty’s President and CEO Lynn Hsu has been included in the Swanepoel™ annual list of The Most Powerful People in Residential Real Estate for 2016.

Ms. Hsu’s acquisition of Macdonald Realty in 1990 coincided with Vancouver’s emergence as an Asian hub on the international stage. She has subsequently grown the firm to 20 offices throughout British Columbia (Canada) with nearly 1,000 agents responsible for an estimated $5 billion in annual sales.

Lynn Hsu, recognized for growing Macdonald Realty from one office in 1990 to 20 offices and nearly 1000 agents 25 years later, is listed as #105 for the Power 200. This is the overall SP200 list which identifies the 200 leaders that have the most power and influence to impact the residential real estate brokerage industry.

In addition Lynn Hsu ranks in the Top 20 on their Women Leaders list, along with Pam O’Connor of Leading Real Estate Companies of the World®, our global network of market-leading independent brokerages. We’re also happy to see Stephanie Pfeffer Anton of Luxury Portfolio International® and LeadingRE named #1 in the Top 20 Social Influencers of Residential Real Estate.  Our friend and colleague Paul Boomsma, President of Luxury Portfolio International® also made the Power 200 list.

View the complete 2016 Swanepoel Power 200 lists.

 

lynn_hsu_2015_preferred__normal