Jeff Benna : RE/MAX Real Estate Services : Archived blog posts for : 2010

I have sold a property at 110 2181 10TH AVE W in Vancouver

Posted on August 20, 2010 by Jeff Benna (RE/MAX Real Estate Services)

Posted in: Kitsilano, Vancouver West Real Estate

Property Photo: 110 2181 10TH AVE W in Vancouver

I have sold a property at 110 2181 10TH AVE W in Vancouver.

THE TENTH AVENUE. A two bedroom, two bath, ground level apartment in Arbutus Walk. Looking out onto beautiful tree-lined 10th avenue this spacious south facing and functional unit, has a large private patio, and a generous master bedroomwith large closets. There is a big storage room, in suite laundry, an open kitchen with stainless steel appliances including a gas range. Walk to everything Kits has to offer including, restaurants, shopping and recreation. This is the perfect centre to your Westside lifestyle. YOU'LL LOVE IT!

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New property listed in Fairview VW, Vancouver West

Posted on August 20, 2010 by Jeff Benna (RE/MAX Real Estate Services)

Posted in: Fairview VW, Vancouver West Real Estate

Property Photo: 2325 ASH ST in Vancouver

I have listed a new property at 2325 ASH ST in Vancouver.

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Your own front door in one of Vancouver's best locations! Two level reverse plan concrete townhouse with 91/2 foot ceilings and 8 foot windows on main. Just off the 7th ave bike path with easy access to shopping, restaurants,The Canada Line , Cambie and the Olympic Village. Walk on the Sea-wall, shop at Whole Foods and close to the dog park. A private coffee deck faces the morning sun, in-suite laundry, gas fireplace, radiant floor heating, and stainless steel appliances including a gas stove. There have been lots of updates: granite countertops, tile backsplash, all new lighting, new walk in closet organizer and freshly painted. This is a perfect match for your urban lifestyle. YOU'LL LOVE IT!

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Open House. Open House on Sunday, August 22, 2010 2:00 pm - 4:00 pm

Posted on August 20, 2010 by Jeff Benna (RE/MAX Real Estate Services)

Posted in: Fairview VW, Vancouver West Real Estate

Please visit our Open House at 2325 ASH ST in Vancouver.

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Open House on Sunday, August 22, 2010 2:00 pm - 4:00 pm

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Open House. Open House on Sunday, August 8, 2010 1:00 pm - 2:45 pm

Posted on August 6, 2010 by Jeff Benna (RE/MAX Real Estate Services)

Posted in: Kitsilano, Vancouver West Real Estate

Please visit our Open House at 110 2181 10TH AVE W in Vancouver.

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Open House on Sunday, August 8, 2010 1:00 pm - 2:45 pm

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Homebuyers and sellers less active in July

Posted on August 5, 2010 by Jeff Benna (RE/MAX Real Estate Services)

VANCOUVER, B.C. – August 4, 2010 – Home sales activity in Greater Vancouver was quieter last month than most Julys over the past decade, with residential sales, prices, and the number of homes listed for sale trending downward in recent months.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,255 in July 2010. This represents a 45.2 percent decline from the 4,114 sales in July 2009, the highest selling July ever recorded, and a 24.1 percent decline compared to June 2010.

Looking back further, last month’s residential sales represent a 3.7 percent increase over the 2,174 residential sales in July 2008, a 41.8 percent decline compared to July 2007’s 3,873 sales, and a 17.5 percent decline compared to July 2006’s 2,732 sales.

“With the pace of home sales and listings easing off in our market, we’ve begun to see a levelling of home prices from the record highs seen in the spring, creating greater affordability,” Jake Moldowan, REBGV president said. “Activity in today’s marketplace is clearly trending in favour of buyers.”

The number of properties listed for sale on the market has been trending downward since spring, with 4,138 new listings in July compared to April’s peak of 7,648. New listings for detached, attached and apartment properties in Greater Vancouver on the Multiple Listing Service® (MLS®) declined 17.9 percent in July 2010 compared to July 2009, when 5,041 properties were listed for sale.

At 16,431, the total number of property listings on the MLS® in July declined 6.5 per cent compared to last month and increased 33 percent compared to July 2009.

“It’s currently taking home sellers who work with a REALTOR®, on average, 45 days to sell their property, which is a historically healthy timeframe for people on both sides of a transaction,” Moldowan said.

Since spring, housing prices have decreased 2.8 percent compared to the all-time high reached in April when the residential benchmark price was $593,419. Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 9.1 percent to $577,074 in July 2010 from $528,821 in July 2009.

Sales of detached properties in July 2010 reached 908, a decrease of 43.7 percent from the 1,614 detached sales recorded in July 2009 and a 9.8 percent increase from the 827 units sold in July 2008. The benchmark price for detached properties increased 11.5 percent from July 2009 to $793,193.

Sales of apartment properties reached 979 in July 2010, a decline of 42.7 percent compared to the 1,708 sales in July 2009 and an increase of 1.3 percent compared to the 966 sales in July 2008.The benchmark price of an apartment property increased 6.2 percent from July 2009 to $387,879.

Attached property sales in July 2010 totalled 368, a decline of 53.5 percent compared to the 792 sales in July 2009 and a 3.4 percent decline from the 381 attached properties sold in July 2008. The benchmark price of an attached unit increased 8.6 percent between July 2009 and 2010 to $490,995.

Market Report Aug 2010

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I have sold a property at 1105 4132 Halifax in Burnaby

Posted on August 4, 2010 by Jeff Benna (RE/MAX Real Estate Services)

Posted in: Brentwood Park, Burnaby North Real Estate

Property Photo: 1105 4132 Halifax in Burnaby

I have sold a property at 1105 4132 Halifax in Burnaby.

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Prestigious "Marquis Grande" built by Onni. Spacious 1 bedroom suite with a beautiful view to the east. Open layout features top finishing with stainless steel appliances, granite countertops, hardwood floors, 9ft ceilings, 1 parking,1storage locker plus large covered balcony. Great amenities include a fully equipped exercise room, sauna, media rooms, lap pool, hot tub & 2 guest suites! Quiet but centrally located. Brentwood Town Center, the B-line, skytrain, & Trans Canada Hwy only minutes away.

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I have sold a property at 329 1215 LANSDOWNE DR in Coquitlam

Posted on August 4, 2010 by Jeff Benna (RE/MAX Real Estate Services)

Posted in: Coquitlam Real Estate

Property Photo: 329 1215 LANSDOWNE DR in Coquitlam

I have sold a property at 329 1215 LANSDOWNE DR in Coquitlam.

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Terrific 3 bdrm, 3 bath in popular Sunridge Estates. Rainscreened in 2005 complex is in top shape. This end unit is in perhaps one of the nicest locations, sides onto a greenbelt. Beautifully secluded patio off dining/kitchen to enjoy. Extremely well maintained. Be first to view. Many updates including some washroom fixtures, tile and carpets. Spacious master bedroom with walkin closet, ensuite features big soaker tub. The 3rd bedroom down could be used as family room or large home office. Close to schools, shops and transportation. Big double garage with plenty of storage.

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