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Month: January 2015

by Maggie Chandler Maggie Chandler No Comments

Calling Yaletown Condo Patio Buyers!

1055 Richards St Unit 202-small-016-Patio-666x444-72dpiCalling Yaletown Condo Patio Buyers! JUST LISTED! 202-1055 Richards Street, Vancouver, BC

If you’re looking for a one bedroom and den condo in Vancouver’s Downtown which has a huge 400sf west facing private patio to entertain your friends, look no further! Cressy’s Donovan is a Georgie Award Winner. You’ll love the world class living. The building boasts amazing amenities which include a large gym, yoga room, steam and sauna, entertainment room with a billiards table and a roof top deck and visitor parking.

Oh yes, did i mention that this one bedroom also comes with one secured parking and a storage locker, as well as a large insuite storage room? Read more

by Maggie Chandler Maggie Chandler No Comments

Vancouver Luxury Condo Sales Decline in 2014 But Prices Rise

stock-photo-20910511-swimming-pool-of-luxury-homeVancouver Luxury Condo Sales Decline in 2014 to 40, versus 42 in 2013 but the average sale price rose from $4.7M to $5.1M and the average $psf rose from $1592 to $1670. Day on the market declined to 91 last year, compared to 124 in 2013.

However, the condo sales over $5M jumped to 13 last year, versus 6 in 2013.

Most expensive Vancouver condo sale in 2014 was $16M (the Penthouse at Three Harbour Green) compared to $25M in 2013 (PH at Fairmont Pacific Rim Estates). Read more

by Maggie Chandler Maggie Chandler No Comments

How is Vancouver’s Fairview Condo Market?

How is Vancouver’s Fairview Condo Market? Average sale price is currently $568,000  or  $575 psf with an average of 32 days on the market and sellers moving 3% off list price. Sales to active ratio is 37%.

Fairview property listings sit at 108, down from the peak of 368 in 2008. Fairview sales currently 40 per month and have been both higher and lower in the past ten years. Sales to active ratio is a healthy 37%.


Have a graph you’d like? Contact me!

My Areas of Expertise:

  • Second Home Real Estate Specialist (SHRES)
  • Seniors Real Estate Specialist SRES®
  • Buying or Selling Tenant Occupied Properties (STOP)
  • Sellers Downsizing and Trading Up
  • New Home Buyers
  • First Time buyers
  • Visit my website for more info on Vancouver’s waterfront condo neighbourhoods

 Why Hire Maggie Chandler as your Vancouver Realtor?

  • I am a full-time Professional and offer high calibre service on your time frame
  • You can count on my decades of hyper-local knowledge and expertise
  • I’ve marketed and sold over 1,000 properties in Vancouver
  • I understand the real estate in Vancouver’s waterfront neighbourhoods, its history and its evolution
  • I know Vancouver Penthouses, waterfront condos, townhomes, heritage condos, lofts and luxury real estate
  • Contact me to learn more about Vancouver’s waterfront neighbourhoods
  • Let me help you find the right home or investment property!
  • Author Maggie Chandler 1648 W. 6th Ave., Vancouver, BC V6J 1R3

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by Maggie Chandler Maggie Chandler No Comments

How is Vancouver’s False Creek Condo Market?

How is Vancouver’s False Creek Condo Market? The average sales price of $564,000  or $763psf  remains flat and is no higher than 2007 levels.

False creek sales have been on a climb for the past two years and are close to the peak of March 2011. This neighbourhood is becoming increasingly more popular and closer to being built out, projected to have 16,000 residents when finished. Average days on market is 60 and sellers moved an average of 2.5% off list price. Sales to active ratio sits at 16%.

False Creek property listings are down to 66, back to 2008 levels.



Have a graph you’d like? Contact me!

My Areas of Expertise:

  • Second Home Real Estate Specialist (SHRES)
  • Seniors Real Estate Specialist SRES®
  • Buying or Selling Tenant Occupied Properties (STOP)
  • Sellers Downsizing and Trading Up
  • New Home Buyers
  • First Time buyers
  • Visit my website for more info on Vancouver’s waterfront condo neighbourhoods

 Why Hire Maggie Chandler as your Vancouver Realtor?

  • I am a full-time Professional and offer high calibre service on your time frame
  • You can count on my decades of hyper-local knowledge and expertise
  • I’ve marketed and sold over 1,000 properties in Vancouver
  • I understand the real estate in Vancouver’s waterfront neighbourhoods, its history and its evolution
  • I know Vancouver Penthouses, waterfront condos, townhomes, heritage condos, lofts and luxury real estate
  • Contact me to learn more about Vancouver’s waterfront neighbourhoods
  • Let me help you find the right home or investment property!
  • Author Maggie Chandler 1648 W. 6th Ave., Vancouver, BC V6J 1R3

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by Maggie Chandler Maggie Chandler No Comments

How is the Condo Market in Vancouver’s Yaletown?

How is the Condo Market in Vancouver’s Yaletown? Average sale price for Yaletown real estate is now $838,000, or $775 which is equal to January 2010.

Yaletown property sales in December were 43 and are at the lower end of the graph, but not at the bottom.  Average days on the market is 47 and sellers moved an average of 3% off list price. Current listings are 84 which is lower than any period in the last ten years. Sales to active ratio soared to 51% , which is back to 2006 levels. This Vancouver neighbourhood rocks!


Have a graph you’d like? Contact me!

My Areas of Expertise:

  • Second Home Real Estate Specialist (SHRES)
  • Seniors Real Estate Specialist SRES®
  • Buying or Selling Tenant Occupied Properties (STOP)
  • Sellers Downsizing and Trading Up
  • New Home Buyers
  • First Time buyers
  • Visit my website for more info on Vancouver’s waterfront condo neighbourhoods

 Why Hire Maggie Chandler as your Vancouver Realtor?

  • I am a full-time Professional and offer high calibre service on your time frame
  • You can count on my decades of hyper-local knowledge and expertise
  • I’ve marketed and sold over 1,000 properties in Vancouver
  • I understand the real estate in Vancouver’s waterfront neighbourhoods, its history and its evolution
  • I know Vancouver Penthouses, waterfront condos, townhomes, heritage condos, lofts and luxury real estate
  • Contact me to learn more about Vancouver’s waterfront neighbourhoods
  • Let me help you find the right home or investment property!
  • Author Maggie Chandler 1648 W. 6th Ave., Vancouver, BC V6J 1R3

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by Maggie Chandler Maggie Chandler No Comments

Bank of Canada Unexpectedly Cuts Rate

imagesCAVXJGQHBank of Canada Unexpectedly Cuts Rate this morning by a quarter of a point from 3.00 to 2.75%. The move has been primarily dictated by the fast dercease in oil prices. This is the Bank’s first move since September 2010.

This is a signal for Canadian banks to lower their rates on mortgages and other loans.

The Bank’s new forecast calls for inflation to fall below its 2% target rate , averaging 0.6% and core inflation is projected to be 0.9% i 2015.

Guess what Canada’s five year mortgage rate was in 1981? A whopping 20% (thanks to Pierre Trudeau who crashed the entire Canadian economy) including Vancouver real estate prices which fell 50% in less than a year. Read more

by Maggie Chandler Maggie Chandler No Comments

How is Vancouver’s West End Condo Market?

How is Vancouver’s West End Condo Market? Listings are back to December 2005 levels!  Only 99 West End condos to choose to buy! Sellers move an average of 4% off list price. Sales to active ratio is a very healthy 42%

Sales have increased in 2014 but are also equal to Dec’05 levels. West End condos average sale price is equal to March 2007 but has been on a roller coaster. Now $483,000 or $604psf , with an average of 56 days on the market.


Have a graph you’d like? Contact me!

My Areas of Expertise:

  • Second Home Real Estate Specialist (SHRES)
  • Seniors Real Estate Specialist SRES®
  • Buying or Selling Tenant Occupied Properties (STOP)
  • Sellers Downsizing and Trading Up
  • New Home Buyers
  • First Time buyers
  • Visit my website for more info on Vancouver’s waterfront condo neighbourhoods

 Why Hire Maggie Chandler as your Vancouver Realtor?

  • I am a full-time Professional and offer high calibre service on your time frame
  • You can count on my decades of hyper-local knowledge and expertise
  • I’ve marketed and sold over 1,000 properties in Vancouver
  • I understand the real estate in Vancouver’s waterfront neighbourhoods, its history and its evolution
  • I know Vancouver Penthouses, waterfront condos, townhomes, heritage condos, lofts and luxury real estate
  • Contact me to learn more about Vancouver’s waterfront neighbourhoods
  • Let me help you find the right home or investment property!
  • Author Maggie Chandler 1648 W. 6th Ave., Vancouver, BC V6J 1R3

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by Maggie Chandler Maggie Chandler No Comments

How is Vancouver’s Downtown Condo Market?

How is Vancouver’s Downtown Condo Market? Would you believe property listings are back to the same level as January 2008 and have been on a decline since July 2008 peak?

Have Downtown Vancouver Real Estate Sales Improved?

Sales remain lower than the peak in March 2005 (185) but are higher than the bottom which was in Dec’08 (17).  Currently 63 sales in December. Sales to active ratio sits at 22 – the peak was 68 in March 2006. Average days on market is currently 62. The peak was 89 days and the lowest was 20.

 

How Much Have Downtown Home Prices Increased in 2014?

This Vancouver neighbourhood was an increase of 11.7% last year to $583,000. At the beginning of 2005 the average sale price was $273,000.

I believe Downtown Vancouver property prices will continue to perform well as we move forward, as it attracts urban livers and there are few remaining sites for development and the population continues to increase. Read more

by Maggie Chandler Maggie Chandler No Comments

How is Vancouver’s Coal Harbour Condo Market?

How is Vancouver’s Coal Harbour Condo Market? Like other Vancouver condo neighbourhoods, this luxury waterfront area is experiencing very low listings but an uptick in sales and prices in 2014 , But sales are below the peak in 2006. Average days on the market is 43. Average sales price $1,285,000. and $985psf. Sales/active ratio is down to 14.5%, indicating a buyers market.


Have a graph you’d like? Contact me!

My Areas of Expertise:

  • Second Home Real Estate Specialist (SHRES)
  • Seniors Real Estate Specialist SRES®
  • Buying or Selling Tenant Occupied Properties (STOP)
  • Sellers Downsizing and Trading Up
  • New Home Buyers
  • First Time buyers
  • Visit my website for more info on Vancouver’s waterfront condo neighbourhoods

 Why Hire Maggie Chandler as your Vancouver Realtor?

  • I am a full-time Professional and offer high calibre service on your time frame
  • You can count on my decades of hyper-local knowledge and expertise
  • I’ve marketed and sold over 1,000 properties in Vancouver
  • I understand the real estate in Vancouver’s waterfront neighbourhoods, its history and its evolution
  • I know Vancouver Penthouses, waterfront condos, townhomes, heritage condos, lofts and luxury real estate
  • Contact me to learn more about Vancouver’s waterfront neighbourhoods
  • Let me help you find the right home or investment property!
  • Author Maggie Chandler 1648 W. 6th Ave., Vancouver, BC V6J 1R3

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by Maggie Chandler Maggie Chandler No Comments

Which is Vancouver’s Most Expensive Condo Neighbourhood?

Which is Vancouver’s Most Expensive Condo Neighbourhood? Take a look at the current average sale price graph , as per REBGV.

Here’s Vancouver’s condo neighbourhoods in the Downtown peninsula – coal harbour, yaletown, downtown and the west end

And here’s Kitsilano, False Creek, Fairview and Mt Pleasant West

Here’s East Vancouver’s most popular condo neighbourhoods

Have a graph you’d like? Contact me!

My Areas of Expertise:

  • Second Home Real Estate Specialist (SHRES)
  • Seniors Real Estate Specialist SRES®
  • Buying or Selling Tenant Occupied Properties (STOP)
  • Sellers Downsizing and Trading Up
  • New Home Buyers
  • First Time buyers
  • Visit my website for more info on Vancouver’s waterfront condo neighbourhoods

 Why Hire Maggie Chandler as your Vancouver Realtor?

  • I am a full-time Professional and offer high calibre service on your time frame
  • You can count on my decades of hyper-local knowledge and expertise
  • I’ve marketed and sold over 1,000 properties in Vancouver
  • I understand the real estate in Vancouver’s waterfront neighbourhoods, its history and its evolution
  • I know Vancouver Penthouses, waterfront condos, townhomes, heritage condos, lofts and luxury real estate
  • Contact me to learn more about Vancouver’s waterfront neighbourhoods
  • Let me help you find the right home or investment property!
  • Author Maggie Chandler 1648 W. 6th Ave., Vancouver, BC V6J 1R3

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by Maggie Chandler Maggie Chandler No Comments

How is Vancouver’s Kitsilano Real Estate Market?

How is Vancouver’s Kitsilano Real Estate Market? Here’s the average sale price for houses, townhomes and condos since the beginning of 2009.

Sales to active ratio sits at a healthy 33%,  up from 11% in 2013. Sellers moved an average of less than 2% off list price. Average days on market is only 20 for houses and condos but 46 for townhomes. Listings have been trending downwards over the last 3 years – we’ll see what 2015 has in store! Overall, a healthy market.

Read more

by Maggie Chandler Maggie Chandler No Comments

East Vancouver Real Estate Listings Hit Bottom

East Vancouver Real Estate Listings Hit Bottom! Houses are down 37% from a year ago, condos are down 25% and townhomes are down 4%. House inventory is lower than it has been since 2005. In the last ten years condos have only been lower twice – December 2005 and December 2007.

 

East Vancouver Condo Sales Rise a Whopping 38% in 2014

Condo sales last year outshone house sales! Rock on condos!

What’s Your East Vancouver Property Worth Now Vs. Ten years Ago?

If you’d bought a house at the beginning of 2015 for the average sale price of $450,000 or a townhome for $302,00 or a condo for $203,000, then the average sale price of a house is now $1,084,000, a townhome is $604,000 and a condo is $352,000.

Sales to Active Ratio On the Rise

My Areas of Expertise:

  • Second Home Real Estate Designation
  • Seniors Real Estate Specialist Designation
  • Buying or Selling Tenant Occupied Properties
  • Sellers Downsizing and Trading Up
  • New Home Buyers
  • First time buyers

 Why Hire Maggie Chandler as your Vancouver Realtor?

  • I am a full-time Professional and offer high calibre service on your time frame
  • You can count on my decades of hyper-local knowledge and expertise
  • I’ve marketed and sold over 1,000 properties in Vancouver
  • I understand the real estate in Vancouver’s waterfront neighbourhoods, its history and its evolution
  • I know Vancouver Penthouses, waterfront condos, townhomes, heritage condos, lofts and luxury real estate
  • Contact me to learn more about Vancouver’s waterfront neighbourhoods
  • Let me help you find the right home or investment property!
  • Author Maggie Chandler 1648 W. 6th Ave., Vancouver, BC V6J 1R3

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by Maggie Chandler Maggie Chandler No Comments

Why Have Vancouver’s Condo Listings Hit Bottom?

Why Have Vancouver’s Condo Listings Hit Bottom? Here’s the graph for Vancouver West Side MLS condo listings since 2005!!

Magic number is 808 listings which is down a whopping 24% from a year ago.

All time high was May 2010 at 2,367 – every man and his dog tried to cash out after the 2010 Winter Olympics….well apparantely they now have.

So what does this mean for the Vancouver condo market? Upward pressure on prices? Multiple offers again?

How Are Vancouver Condo Sales?

Vancouver condo sales are up 12% from a year ago and are neither at the top nor the bottom of the graph

 

Vancouver West Side Condo Prices Flat Since October 2009

Time for prices to move up again? Listings Down, Sales Up. This should equal an increase in prices.

My Areas of Expertise:

  • Second Home Real Estate Designation
  • Seniors Real Estate Specialist Designation
  • Buying or Selling Tenant Occupied Properties
  • Sellers Downsizing and Trading Up
  • New Home Buyers
  • First time buyers

 Why Hire Maggie Chandler as your Vancouver Realtor?

  • I am a full-time Professional and offer high calibre service on your time frame
  • You can count on my decades of hyper-local knowledge and expertise
  • I’ve marketed and sold over 1,000 properties in Vancouver
  • I understand the real estate in Vancouver’s waterfront neighbourhoods, its history and its evolution
  • I know Vancouver Penthouses, waterfront condos, townhomes, heritage condos, lofts and luxury real estate
  • Contact me to learn more about Vancouver’s waterfront neighbourhoods
  • Let me help you find the right home or investment property!
  • Author Maggie Chandler 1648 W. 6th Ave., Vancouver, BC V6J 1R3

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by Maggie Chandler Maggie Chandler No Comments

Which Luxury Vancouver Condos Have The Most Amazing Views?


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Which Luxury Vancouver Condos Have the Most Amazing Views? It used to be the West End’s Beach Avenue which had the only waterfront condos in the City, except for some buildings on the south side of False Creek which have views of False Creek.

Then after Expo86  and Yaletown was developed. The hirises on Marinaside Crescent boasted good water views and the high floors looking west included English Bay. This was followed by the condo buildings in the Beach Crescent neighbourhood which are west of Granville Street Bridge and overlooking George Wayborne Park.

Next Came Coal Harbour

A  true waterfront neighbourhood  with less than 35 condo buildings. including ten on the waterfront and amazing unobstructed mountain and water views of Vancouver. The west facing exposures have views of Stanley Park. Read more

by Maggie Chandler Maggie Chandler No Comments

Greater Vancouver Real Estate Average Sale Price Rose 4.7% in 2014

imagesCACS38HEGreater Vancouver Real Estate average sale price rose 4.7% in 2014, clocking in at $818,00 with a sales to active ratio of 22%. The current price is equal to the peak of April 2011, after which prices dropped but have recovered.

Greater Vancouver property sales for the year were up 16% from 2013 and 32% from 2012. Sales peaked in June 2009 with over 4,200 properties sold. June was the best performing month of 2014 with 3,400 sales.

Greater Vancouver real estate listings iincreased 2.4% last year compared to 2013 and 4% decline compared to 2012 which ad 58,000 properties for sale. Read more

by Maggie Chandler Maggie Chandler No Comments

Who Owns Vancouver’s Most Expensive Home?

ShannonMews250111_0Who Owns Vancouver’s Most Expensive Home? 2015 BC Tax Assessment has just been released and it lists the most expensive residential properties – of course most of them are in Kitsilano – on the waterfront on Point Grey Road. On Belmont and Drummond Drive in Point Grey, in UBC and Shaughnessy

Lululemon’s Chip Wilson’s newly built home at 3085 Point Grey Road tops the list at $57.6M for the second consecutive year, on Vancouver’s first gated community. Read more

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Contact Maggie Chandler today to find your Vancouver dream home