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
April 15, 2016
by
Dodi Thorhaug
Please visit our Open House at 304 3377 CAPILANO CRES in North Vancouver. Open House on Tuesday, April 19, 2016 10:00 AM - 12:00 PM Enjoy Vaulted ceilings, Oversized windows, french doors and large private balcony from this Penthouse suite @ Capitano Estates! Your furniture from your house will certainly fit into this 1464 sq. ft. North East corner unit. Spacious master bedroom will accommodate your king size bedroom suite. Master Ensuite includes separate shower and soaker tub. Your own laundry room (8' x 9'). Second bedroom is currently being used as a den. Entertain in this combined dining and living room with vaulted ceiling, gas fireplace and french doors. Bright white kitchen. The eating area offers a second set of french doors opening onto the private 10'3 x 17'6 ft deck. This has been Home Sweet Home for the original owner who is seeking a longer Possession date. No rentals. Pets restricted to 1 cat. Barbecues allowed. Capilano Estates provides a private serene setting in North Vancouver with immaculate maintained mature gardens, a proactive council and a pleasant community to enjoy your North Shore lifestyle. Act Now!
Posted on
April 12, 2016
by
Dodi Thorhaug
Please visit our Open House at 118 SANDRINGHAM CRES in North Vancouver. Open House on Tuesday, April 12, 2016 10:00 AM - 12:00 PM Attention Small families and empty nesters! Prime Upper Lonsdale location with city and harbour Views. Better value than a Townhouse! This 1600 sq.ft. Whistler style, 2 level home was built with low maintenance siding and a metal roof. Located on 4588 sq.ft. triangular corner lot. Enjoy evening sunsets from the inviting living room with vaulted ceiling, gas fireplace and access to the west facing upper deck. An open plan kitchen & dining room offer access to south facing sundeck. Upgraded cabinetry with stainless steel appliances, granite counters, laminate flooring. Master bedroom and full bathroom are located on the main floor. The ground level features 2 more bedrooms, 3 piece bath and laundry facilities. Covered parking and ample room to park 4 vehicles. This is your opportunity to enjoy the North Shore Lifestyle. Immediate Possession! Don't wait.
Posted on
April 12, 2016
by
Dodi Thorhaug
Please visit our Open House at 4456 CANTERBURY CRES in North Vancouver. Open House on Sunday, April 17, 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. Main floor laundry. Direct access to 2 car attached garage. The upper level delivers your family sized 4 bedrooms. Master bedroom enjoys views of the Lions. Oversized ensuite w/ gas fireplace & walk in closet. Granite counters, hardwood floors, gas cook top, stainless steel appliances, separate pantry & much much more. Pet friendly garden. Your opportunity to be part of the North Shore Lifestyle with hiking, biking & skiing at your front door. Canyon Heights elementary school is just 2 blocks away.
Posted on
April 6, 2016
by
Dodi Thorhaug
Please visit our Open House at 1952 CHESTERFIELD AVE in North Vancouver. Open House on Saturday, April 9, 2016 2:00 PM - 4:00 PM Plenty of Pizzaz in this great Central Lonsdale Townhome. Oversized rooms throughout this immaculate of 1,653 sq. ft. 3 level townhome. Inviting open plan dining and living room with classic wood parquet flooring and wood burning fireplace. New white kitchen with stainless steel appliances. 2 balconies. Appreciate city and mountain views from the privacy of your 288 sq.ft. roof top deck. Enter at ground level foyer into this end unit. Your 3rd bedroom and 2 pc bath are an ideal opportunity for your home office. Direct entrance from covered parking. Upper level offers 2 oversized bedrooms with additional wardrobe space and walk in closet. Your king size bedroom suite will certainly fit! Pet Friendly, Rentals allowed and Self Managed. All power washing of the driveways and carports to be completed in April, 2016. An excellent choice for you to enjoy your North Shore Lifestyle.
Posted on
April 4, 2016
by
Dodi Thorhaug
If you've been following the real estate trends, or listening to the news, then it should be no surprise Metro Vancouver's residential real estate sales set an all-time record in March. For the first time ever, sales eclipsed 5,000, with a total of 5,173 residential sales. In our North Vancouver Detached and Attached markets we saw sales-to-listing ratios of +100% of listings sold, due to listings selling faster than the listing were replenished. In such an accelerated market, now reallly is the opportune time to sell a property in our markets. If you are considering selling, 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 March 2016's sales were 56% above the 10 year average for the month
- Sales of North Vancouver Detached Properties were 4% lower than March 2015 with 36% less inventory
- Sales of North Vancouver Attached Properties were 3% higher than March 2015 with 66.7% less inventory
- Sales of West Vancouver Detached Properties were 44.6% higher than March 2015 with 31.5% less inventory
- Sales of West Vancouver Attached Properties were 7% below March 2015 due to 43% less inventory
- Sales of Downtown condo properties were 22% higher than March 2015 with 53% less inventory
Seller's Markets in March 2016:
- The Sales-To-Active listings ratio for Metro Vancouver was 70%, with 7 out of every 10 properties sold
- The Sales-To-Active listings ratio for North Vancouver Detached properties was 108%, with 10+ out of every 10 homes sold
- The Sales-To-Active listings ratio for North Vancouver Attached properties was 126%, with 10+ of every 10 homes sold
- The Sales-To-Active listings ratio for West Vancouver Detached properties was 46%, with 4.6 out of every 10 homes sold
- The Sales-To-Active listings ratio for West Vancouver Attached properties was 49%, with 4.9 out of every 10 homes sold
- The Sales-To-Active listings ratio for Coal Harbour Condos was 118%, with 10+ out of every 10 homes sold
Read your full report here: REBGV March 2016 Residential Stats Package.
*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
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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.