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
May 11, 2016
by
Dodi Thorhaug
Please visit our Open House at 205 365 1ST ST E in North Vancouver. Open House on Wednesday, May 11, 2016 10:00 AM - 12:00 PM Vista East @ Hammersley Park. Spectacular condo in Lower Lonsdale. This south facing 640 sq. ft. unit offers a harbour view and city lights. Located on the east end of the building providing a very private and quiet setting. You will enjoy entertaining your guests in this open floor plan with covered balcony. Gas Fireplace. This one bedroom suite has been upgraded and includes new engineered hardwood floors, stainless steel appliances, upgraded light fixtures, switches and mouldings. Appreciate the spacious master bedroom. Vista East offers a proactive council with a focused maintenance program in place. Rentals and pets are restricted. This home matches everything on your checklist. Showings restricted to Wed. May 11th: 10:00 to Noon & 5:30 to 7:00 p.m. ; Saturday May 14th: Noon to 1:00 Make your appointment today.
Posted on
May 10, 2016
by
Dodi Thorhaug
Please visit our Open House at 205 365 1ST ST E in North Vancouver. Open House on Wednesday, May 11, 2016 5:30 PM - 7:00 PM Vista East @ Hammersley Park. Spectacular condo in Lower Lonsdale. This south facing 640 sq. ft. unit offers a harbour view and city lights. Located on the east end of the building providing a very private and quiet setting. You will enjoy entertaining your guests in this open floor plan with covered balcony. Gas Fireplace. This one bedroom suite has been upgraded and includes new engineered hardwood floors, stainless steel appliances, upgraded light fixtures, switches and mouldings. Appreciate the spacious master bedroom. Vista East offers a proactive council with a focused maintenance program in place. Rentals and pets are restricted. This home matches everything on your checklist. Showings restricted to Wed. May 11th: 10:00 to Noon & 5:30 to 7:00 p.m. ; Saturday May 14th: Noon to 1:00 Make your appointment today.
Posted on
May 10, 2016
by
Dodi Thorhaug
Please visit our Open House at 303 3377 CAPILANO CRES in North Vancouver. Open House on Tuesday, May 10, 2016 10:00 AM - 12:00 PM An incredible opportunity to experience the rushing waters of Capilano River at your door step! Tranquil and Therapeutic will describe your new penthouse lifestyle. You will enjoy this private 26’ X 12’ sundeck. Approx. 1465 sq. ft. one level living with vaulted ceilings and oversized windows. An open plan dining and living room with gas fireplace. The second bedroom features a gas fireplace and is presently used as a den. Oversized master bedroom will fit your king size furniture. Master ensuite boasts separate shower and tub. Don’t overlook the utilized laundry room. Separate kitchen and eating area. Two car parking and one storage locker. Barbecues ok. No rentals allowed. Pets restricted to 2 cats. Capilano Estates offers a serene setting with immaculate gardens, a proactive Council and a pleasant community to enjoy your North Shore Lifestyle. Call today!
Posted on
May 3, 2016
by
Dodi Thorhaug
While March 2016 set an all-time record, April's 2016 house sales were just as strong: 41.7% above the 10 year average, and the highest selling April on record. Supply is still chasing the unprecedented surge of Buyer demand in accelerated Seller's Market, while home Buyer competition remains intense across the region. If you are considering selling, please give me a call 604.644.3634. If my sign is on your lawn you're moving! Regards, Dodi
Here are some highlights:
- Overal for Metro Vancouver April 2016's sales were 41.7% above the 10 year average for the month
- Sales of North Vancouver Detached Properties were 4.2% lower than April 2015 with 34% less inventory
- Sales of North Vancouver Attached Properties were 18.2% higher than April 2015 with 68.4% less inventory
- Sales of West Vancouver Detached Properties were 5.5% higher than April 2015 with 27.5% less inventory
- Sales of West Vancouver Attached Properties were 13% below April 2015 due to 43% less inventory
- Sales of Downtown Condo Properties were 6.4% higher than April 2015 with 51.4% less inventory
Seller's Markets in April 2016:
- The Sales-To-Active listings ratio for Metro Vancouver was 63.3%, with 6.3 out of every 10 properties sold
- The Sales-To-Active listings ratio for North Vancouver Detached properties was 98%, with 9.8 out of every 10 homes sold
- The Sales-To-Active listings ratio for North Vancouver Attached properties was 125%, with 10+ of every 10 homes sold
- The Sales-To-Active listings ratio for West Vancouver Detached properties was 34%, with 3.4 out of every 10 homes sold
- The Sales-To-Active listings ratio for West Vancouver Attached properties was 41%, with 4.1 out of every 10 homes sold
- The Sales-To-Active listings ratio for Coal Harbour Condos was 71%, with 7.1 out of every 10 condos sold
Read your full reports here: North Vancouver April 2016, West Vancouver April 2016, Vancouver West April 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
April 26, 2016
by
Dodi Thorhaug
Please visit our Open House at 4456 CANTERBURY CRES in North Vancouver. Open House on Sunday, May 1, 2016 2:00 PM - 4:00 PM Canterbury Crescent is Your new address! Appreciate a quality built, 4 bedroom 3,219 sq.ft. 2 storey home just 15 years old. Located on 9150 sq. ft. sun drenched lot. Designed to raise a family w/ garden access from the kitchen, eating area & main floor family room. Double sided gas fireplace & vaulted ceiling enhance the living & dining room. Impressive foyer with curved staircase. Don't overlook the main floor home office & separate recreation room. The upper level delivers your family-sized 4 bedrooms. Master bedroom enjoys views of the Lions. Over-sized ensuite w/ gas fireplace & walk in closet. Granite counters, hardwood floors, gas cook top, stainless steel appliances, separate pantry & much much more. Pet friendly.
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