Luxury Homes Collection Magazine Spring 2017

The new season brings us a fresh new offering of Macdonald Realty luxury homes. We have a bright outlook for 2017 with our CEO Lynn Hsu providing our front line remarks on the market and our outlook.

We are delighted to present our spring edition with our cover feature from Bowen Island, a wonderful West Coast retreat perfectly situated to take in the gorgeous views and Zen atmosphere of the quiet landscape.

In this edition, in conjunction with our affiliate partners Luxury Portfolio International®, their MarketPulse® article gives a round up of wine regions of the world to invest in. From Oregon to South Africa, these are new market interests for investors and owners seeking a burgeoning market or new way of life. British Columbia’s own Okanagan Valley is included, where there is ripe opportunity for someone looking for a new venture or adventure.

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Have a browse of our edition and enjoy the beautiful landscapes and properties from around the province.

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

Greater Vancouver Real Estate Market Statistics – February 2017

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

Vancouver

In the Vancouver Westside, there were 93 sales of detached homes and 602 active listings at the end of February. The benchmark sale price was $3,422,700, with an average days on market of 35. The hottest market for sales was Dunbar with 18 sales.

In comparison, the condo market had 368 sales, 686 active listings and a benchmark sale price of $688,400 with an average of 21 days on market. The hottest market for sales was Downtown VW, 85 sales.

Townhome sales were 32, active listings were 108. The benchmark sale price was $1,069,800 with an average days on market of 24. Kitsilano with 8 sales was the hottest market in February.

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

MarketHotSheet_February2017_VanWest

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

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

Squamish

In February 2017, there were 16 sales of detached homes and 111 active listings in Squamish. The benchmark sale price was $810,900 with an average days on market of 59.

The Condo market had 14 sales and 23 active listings at the end of the month.  The benchmark sale price was $369,800 with an average days on market of 69.

Townhome sales were 12, active listings were 51. The benchmark sale price was $729,400, and the average days on market were 28.

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

MarketHotSheet_February2017_Squamish

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Okanagan Real Estate Market Statistics – February 2017

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

South Okanagan: Osoyoos, Oliver, and Penticton

In February 2017, there were 71 sales of detached homes and 450 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $498,404 with an average days on market of 95.

The Condo market had 34 sales and 128 active listings at the end of the month.  The average sale price was $227,035 with an average days on market of 97.

Townhome sales were 30, active listings were 77. The average sale price was $328,774, and the average days on market were 67.

MarketHotSheet_February2017_SouthOkanagan

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

North Delta

In the North Delta market, the benchmark sale price was $819,600 for detached homes. At the end of February, there were 118 active listings and 37 sales.

The condo market had 4 sales and 13 active listings. The benchmark sale price was $202,800.

Townhomes featured 7 sales, 15 active listings and a $482,900 benchmark sale price.

It’s a seller’s market in North Delta.

MarketHotSheet_February2017_NDelta

North Surrey

In February 2017, there were 49 sales of detached homes and 277 active listings in North Surrey. The benchmark sale price was $821,600.

The condo market had 97 sales and 196 active listings at the end of the month.  The benchmark sale price was $244,800.

In comparison, townhome sales were 26, active listings were 33 and the benchmark sale price was $355,500.

It’s a seller’s market for condos and townhomes in North Surrey.

MarketHotSheet_February2017_NSurrey

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

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

Greater Victoria

In February 2017, there were 283 sales of single family homes and 396 active listings in the Greater Victoria. The benchmark sale price was $642,300 with an average days on market of 34. The hottest market for sales was Langford with 66 sales. There were also 22 sales and 114 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 206 sales, 229 active listings at the end of the month.  The benchmark sale price was $386,200 with an average days on market of 24. The hottest market for sales was Victoria, 98 sales.

Townhome sales were 71, active listings were 64 and the benchmark sale price was $515,600. The average days on market were 30, and the hottest market was Langford with 15 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_February2017_Victoria

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Greater Vancouver Real Estate Market Statistics – January 2017

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

Vancouver

In the Vancouver Westside, there were 37 sales of detached homes and 595 active listings at the end of January. The benchmark sale price was $3,419,800, with an average days on market of 51. The hottest market for sales was Point Grey with 9 sales.

In comparison, the condo market had 213 sales, 691 active listings and a benchmark sale price of $662,400 with an average of 33 days on market. The hottest market for sales was Downtown VW, 54 sales.

Townhome sales were 19, active listings were 87. The benchmark sale price was $1,066,700 with an average days on market of 28. Kitsilano with 5 sales was the hottest market in January.

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

MarketHotSheet_January2017_VanWest

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

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

Squamish

In January 2017, there were 16 sales of detached homes and 102 active listings in Squamish. The benchmark sale price was $816,200 with an average days on market of 74.

The Condo market had 8 sales and 46 active listings at the end of the month.  The benchmark sale price was $371,200 with an average days on market of 90.

Townhome sales were 9, active listings were 47. The benchmark sale price was $704,100, and the average days on market were 78.

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

MarketHotSheet_January2017_Squamish

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Okanagan Real Estate Market Statistics – January 2017

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

South Okanagan: Osoyoos, Oliver, and Penticton

In January 2017, there were 41 sales of detached homes and 426 active listings in South Okanagan Area, including Osoyoos, Oliver, and Penticton. The average sale price was $493,227 with an average days on market of 100.

The Condo market had 24 sales and 122 active listings at the end of the month.  The average sale price was $246,708 with an average days on market of 68.

Townhome sales were 18, active listings were 84. The average sale price was $335,430, and the average days on market were 87.

MarketHotSheet_January2017_SouthOkanagan

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Surrey, Langley and Fraser Valley Real Estate Market Statistics – January 2017

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

North Delta

In the North Delta market, the benchmark sale price was $828,200 for detached homes. At the end of January, there were 120 active listings and 23 sales.

The condo market had 4 sales and 10 active listings. The benchmark sale price was $198,000.

Townhomes featured 2 sales, 19 active listings and a $474,500 benchmark sale price.

It’s a buyer’s market for townhomes in North Delta.

MarketHotSheet_January2017_NDelta

North Surrey

In January 2017, there were 45 sales of detached homes and 257 active listings in North Surrey. The benchmark sale price was $821,900.

The condo market had 72 sales and 174 active listings at the end of the month.  The benchmark sale price was $239,900.

In comparison, townhome sales were 12, active listings were 37 and the benchmark sale price was $348,300.

It’s a seller’s market for condos and townhomes in North Surrey.

MarketHotSheet_January2017_NSurrey

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Greater Victoria and Vancouver Island Real Estate Market Statistics – January 2017

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

Greater Victoria

In January 2017, there were 184 sales of single family homes and 382 active listings in the Greater Victoria. The benchmark sale price was $636,100 with an average days on market of 34. The hottest market for sales was Langford with 45 sales. There were also 9 sales and 128 active listings at the end of the month for waterfront homes.

In comparison, the Condo market had 170 sales, 203 active listings at the end of the month.  The benchmark sale price was $377,900 with an average days on market of 34. The hottest market for sales was Victoria, 34 sales.

Townhome sales were 43, active listings were 65 and the benchmark sale price was $509,500. The average days on market were 47, and the hottest market was Langford with 11 sales.

It’s a seller’s market in Victoria.

MarketHotSheet_January2017_Victoria

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