Steve Flynn  RE/MAX Crest Realty- Burnaby 

Cell: 604.785.3977 |

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I have sold a property at 7430 Magnolia TERR in Burnaby.
Well kept 2 bedroom with great functionable plan & 2 parking spots. Private garden & patio area is excellent. Main floor features open concept living, dining & kitchen combination plus 2 ac powder room. Upper level offers good size master bedroom with vaulted ceiling, semi-ensuited to 4 pce bathroom, walk-in closet, 2nd bedroom & full size stacked washer/dryer with extra room for storage. Central location, close to skytrain & bus.
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I have sold a property at 402 3061 KENT AVE NORTH AVE E in Vancouver.
Lovely water & mountain views from this LARGE 902 s.f. 1 bed + den, 1 bath (den could be 2nd bedroom) in Fraserview. Well-maintained w/big rooms to fit all your house-sized furniture! Floor-to-ceil. windows face south-east and catch all the morning sun. Bathroom is cheater ensuite w/soaker tub & separate shower. New eng. hardwood flooring throughout, new privacy blinds throughout, new tile flooring in kitchen & new s/s fridge, new d/w & w/d. Balcony perfect for relaxing while enjoying the view. Amenities incl. i/d pool & hot tub, gym. Pets & rentals allowed. 2 parking stalls, 1 locker. Beautiful park-like neighbourhood, next to new River District community with new dining, parks & trails & more!
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I have sold a property at 94 6465 184A in Surrey.
GORGEOUS, BRIGHT & SPACIOUS END UNIT centrally located in ROSEBURY LANE! This 1,510 sf 3 bed, 3 bath 2 Storey home boasts beautiful laminate floors, 2pc bath on the main, loads of storage & a fabulous open layout. Enjoy this sunshine filled home w/ lots of oversized windows & 9 ft.ceilings! Easy access from your spacious Kitchen straight into your garage w/ no stairs & a sliding glass door opens to your HUGE, SW facing fenced yard & patio! 3 Extra-large beds incl. a spacious Master w/ a 3 pc. en-suite, big bay window & a huge Walk-in Closet. Family & Pet friendly complex w/ lots of room to play. Large Contingency Fund & New Fencing in progress! 1 Block to Shops, Schools, Playground & Transit. Close to HWY 1, 10 & 15. Call today!
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Home buyer demand outpacing supply across the Metro Vancouver housing market.

Strong home buyer demand coupled with below average home listing activity has created seller's market conditions within the Metro Vancouver* housing market.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 4,179 on the Multiple Listing Service® (MLS®) in April 2015. This represents a 37 per cent increase compared to the 3,050 sales recorded in April 2014, and a 2.9 per cent increase compared to the 4,060 sales in March 2015.


Last month’s sales were 29.3 per cent above the 10-year sales average for the month. “The supply of homes for sale today in the region is not meeting the demand we're seeing from home buyers. This is putting upward pressure on prices, particularly in the detached home market," Darcy McLeod, REBGV president said.

 

New listings for detached, attached and apartment properties in Metro Vancouver totalled 5,897 in April. This represents a 0.9 per cent decrease compared to the 5,950 new listings reported in April 2014. The total number of properties currently listed for sale on the region’s MLS® is 12,436, a 19.8 per cent decline compared to April 2014 and an increase of 0.5 per cent compared to March 2015.

 

“It’s a competitive and fast-moving market today that is tilted in favour of home sellers. To be competitive, it’s important to connect with a local REALTOR® who can help you develop a strategy to meet your home buying or selling needs,” McLeod said. 


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $673,000. This represents an 8.5 per cent increase compared to April 2014. The sales-to-active-listings ratio in April was 33.6 per cent. This is the highest that this ratio has been in Metro Vancouver since June 2007.

 

Sales of detached properties in April 2015 reached 1,815, an increase of 35.9 per cent from the 1,336 detached sales recorded in April 2014, and a 70.6 per cent increase from the 1,064 units sold in April 2013. The benchmark price for a detached property in Metro Vancouver increased 12.5 per cent from April 2014 to $1,078,900. 


Sales of apartment properties reached 1,579 in April 2015, an increase of 34.7 per cent compared to the 1,172 sales in April 2014, and an increase of 50.1 per cent compared to the 1,052 sales in April 2013. The benchmark price of an apartment property increased 4.4 per cent from April 2014 to $394,200.


Attached property sales in April 2015 totalled 785, an increase of 44.8 per cent compared to the 542 sales in April 2014, and a 53.6 per cent increase from the 511 attached properties sold in April 2013. The benchmark price of an attached unit increased 5.7 per cent between April 2014 and 2015 to $493,300.


If you would like detailed statistics for a specific kind of property in any REBGV city and/or neigbourhood please contact me and I can easily send to you at your convenience.



*Note: Areas covered by Real Estate Board of Greater Vancouver 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 Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.