Greater Vancouver Real Estate Market Statistics – May 2018

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in May 2018.

Vancouver-West

In the Vancouver Westside, there were 91 sales of detached homes and 898 active listings at the end of the month. The benchmark sale price was $3,430,500, with average days on market of 39. The hottest markets for sales were Point Grey and Cambie with 10 sales each and and Dunbar with 12 sales.

In comparison, the condo market had 359 sales, 1,149 active listings and a benchmark sale price of $845,400 with an average of 16 days on market. The hottest market for sales was Downtown VW, 71 sales.

Townhome sales were 42, active listings were 215. The benchmark sale price was $1,304,500 with an average days on market of 26. Fairview VW with 10 sales was the hottest market of the month.

It’s a seller’s market for condos in Vancouver-West.

MarketHotSheet_May2018_VancouverWest

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Greater Vancouver Real Estate Market Statistics – April 2018

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in April 2018.

Vancouver-West

In the Vancouver Westside, there were 71 sales of detached homes and 874 active listings at the end of the month. The benchmark sale price was $3,404,200, with average days on market of 50. The hottest markets for sales were Point Grey and Dunbar with 10 and 11 sales respectively.

In comparison, the condo market had 351 sales, 928 active listings and a benchmark sale price of $841,700 with an average of 19 days on market. The hottest market for sales was Downtown VW, 72 sales.

Townhome sales were 42, active listings were 169. The benchmark sale price was $1,302,200 with an average days on market of 21. Kitsilano with 12 sales was the hottest market of the month.

It’s a seller’s market for condos and townhomes in Vancouver-West.

MarketHotSheet_April2018_VancouverWest

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Greater Vancouver Real Estate Market Statistics – January 2018

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in January 2018.

Vancouver

In the Vancouver Westside, there were 46 sales of detached homes and 672 active listings at the end of the month. The benchmark sale price was $3,548,400, with an average days on market of 68. The hottest markets for sales were Dunbar and Point Grey with 8 sales each.

In comparison, the condo market had 245 sales, 579 active listings and a benchmark sale price of $812,400 with an average of 28 days on market. The hottest market for sales was Downtown VW, 54 sales.

Townhome sales were 18, active listings were 105. The benchmark sale price was $1,247,900 with an average days on market of 26. Yaletown with 6 sales was the hottest market of the month.

It’s a seller’s market for condos.

MarketHotSheet_January2018_Vancouver-West

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Housing tax not as painful in Maple Ridge | Maple Ridge News

Currently, the real estate industry is in the middle of its usual summer slowdown. - Phil Melnychuk/THE NEWS

Currently, the real estate industry is in the middle of its usual summer slowdown. — Image Credit: Phil Melnychuk/THE NEWS

Slapping another 15-per-cent sales tax on homes to foreign buyers could cool the red-hot real estate market in higher priced areas of Richmond or Vancouver, but it might take longer to learn of any effect in Maple Ridge and Pitt Meadows.

The announcement by the B.C. government last week saw a rush to complete deals by the Aug. 2 deadline, but Tom Garvey, managing broker with Macdonald Realty, says it will be at least a month before the full effect of the tax is known in Maple Ridge.

“There’s not a huge amount of foreign buyers who are coming out to Maple Ridge,” said Garvey, who said he hasn’t noticed any effect so far in the local market.

But it’s early yet and time will tell.

“Let’s see what happens over the next two to four weeks.”

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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.”