Market Updates
During the process of buying or selling a home, countless questions are bound to surface regardless of how "seasoned" you are in Real Estate. Some questions are easily answered, however others may require a bit of research and study. I understand how difficult it can be to sift through the mountain of information out there in order to find answers that are relevant and meaningful to you.
As a firm believer in "knowledge is power," I do my best to educate and inform my Buyers and Sellers about the current market conditions and the process involved once you have made the decision to move.
If you would like to receive regular Market Updates or newsletters please contact me at dodi.t@shaw.ca or call me at 604-644-3634.
Latest News
Posted on
July 13, 2016
by
Dodi Thorhaug
I have sold a property at Lot 2 MARMOT RD in Sechelt.
85' BEACHFRONT PROPERTY! Build your dream home on this level 11, 723 sq.ft lot. This affordable and rare west facing location on Sechelt Inlet offers everything the Westcoast is famous for: kayaking, canoeing, fishing and sailing all right from your doorstep. You are literally minutes to every amenity! Enjoy the coveted, all weather, outdoor lifestyle! Unobstructed views and beautiful sunsets can be yours everyday. Low bank waterfront. Adjacent to Porpoise Bay Provincial Park. If you are considering a change in lifestyle, this is your golden opportunity to make your dreams come true. Don't wait. Call for details and your private showing.
Posted on
July 12, 2016
by
Dodi Thorhaug
Please visit our Open House at 502 3606 ALDERCREST DR in North Vancouver. Open House on Saturday, July 16, 2016 2:00PM - 4:00PM Magnificent Corner Penthouse. You will love the tranquility & serenity that this property has to offer. With high end finishings, this 1345 sq. ft. penthouse features 10'- 14' ceiling heights. A modern open floor plan w/oversized living areas. Classy Kitchen, Composite stone counters, floor to ceiling gas fireplace. Expansive windows. Hardwood floors. Undercabinet lighting. An oversized balcony runs full length of the unit w/access from all principal rooms. 3 generous sized bedrooms incl. a spacious master bedroom w/ full ensuite & walk-in closet. The second bedroom also offers walk in closet & 3rd bedroom is presently used as home office. All principal rooms enjoy access to an oversized balcony running full length of the suite. Appreciate 2 car side x side parking, exercise centre & meeting room. Barbeques & pets allowed. Rentals allowed. Destiny is part of the Raven Woods growing community w/ hiking, biking, boating & skiing at your doorstep. Make the move today to enjoy your North Shore Lifestyle.
Posted on
July 12, 2016
by
Dodi Thorhaug
I have listed a new property at 4771 CAPILANO RD in North Vancouver. Building your new home just became affordable! Upper Capilano Neighbourhood. 14,940 sq. ft. lot. Retained by one family, this private location backs onto the Capilano River Canyon. This small ranch styled home is currently tenanted and needs to be demolished. Do not disturb this long term tenant. With 24 hours notice, appointments to be made for Monday 6-7:00 p.m., Wednesday 6-7:00 p.m., Saturday Noon-1:00 p.m. All measurements are Approx. Your adventurous North Shore Lifestyle starts here. Call Now for further details.
Posted on
July 11, 2016
by
Dodi Thorhaug
Once again residential sales in Metro Vancouver are outperforming the 10-year averages, with June 2016 the highest selling June on record. If you are considering selling or buying in the next six months, let's talk. The key to success in such an accelerated market is to be well prepared and getting you ready for all market conditions is my top priority!
Regards, Dodi 604.644.3634
Here are the highlights:
- Overall for Metro Vancouver June 2016's sales were 28.1% above the 10 year average for the month
- Sales of North Vancouver Detached Properties were 1.3% lower than June 2015 with 17.4% less inventory
- Sales of North Vancouver Attached Properties were 3.4% higher than June 2015 with 57.4% less inventory
- Sales of West Vancouver Detached Properties were 28.2% lower than June 2015 with 18.9% less inventory
- Sales of West Vancouver Attached Properties were 12.5% higher than June 2015 with 38.9% less inventory
- Sales of Downtown Condo Properties were 6.3% higher than June 2015 with 47% less inventory
Market types in June 2016: (note, when a sales to listing ratio exceeds 100%, properties are selling faster than the listing inventory is being replenished.)
- The Sales-To-Active listings ratio for Metro Vancouver was 56.3%, a seller's market, with 5.6 out of every 10 properties sold
- The Sales-To-Active listings ratio for North Vancouver Detached properties 82%, a seller's market, with 156 sales out of 190 listings
- The Sales-To-Active listings ratio for North Vancouver Attached properties was 112%, a seller's market, with 183 sales out of 164 listings
- The Sales-To-Active listings ratio for West Vancouver Detached properties was 19%, a balanced market, with 74 sales out of 386 listings
- The Sales-To-Active listings ratio for West Vancouver Attached properties was 49%, a seller's market, with 27 sales out of 55 listings
- The Sales-To-Active listings ratio for Coal Harbour Condos was 39%, a seller's market, with 22 sales out of 57 listings
Read your full reports here: North Vancouver June 2016, West Vancouver June 2016, Vancouver West June 2016.
*Areas covered in the Real Estate Board of Greater Vancouver's report include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta
Posted on
July 6, 2016
by
Dodi Thorhaug
Please visit our Open House at 301 3373 CAPILANO RD in North Vancouver. Open House on Saturday, July 9, 2016 2:00PM - 4:00PM Located at Capilano Estate, this 3 bedroom, 1740 sq. ft. penthouse was built with quality features to maximize privacy & natural lighting. Entertain your friends in this spacious living room with vaulted ceiling, gas fireplace and floor to ceiling living room windows. Enjoy a 200 sq. ft. south facing sundeck with access from dining room and kitchen/eating area. You will appreciate the oversized master bedroom with access to a private balcony. The master ensuite includes a separate shower and soaker tub. The 3rd bedroom is presently used as a study and enjoys the warmth of a 2nd gas fireplace. 2 side by side parking stalls. Buy now and take Possession in February 2017. 2 cats allowed. No rentals. Capilano Estate sits amongst lush maintained gardens, adjacent to the Capilano River & walking distance to Edgemont Village. This desirable North Shore lifestyle includes hiking, biking, golfing & skiing @ your doorstep. Public Open House Saturday July 9/16 2-4:00 p.m.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.