Jeff Benna
I have listed a new property at 708 2228 BROADWAY W in Vancouver.
"THE VINE" This is the best 1 bedroom and den in the building. 7th floor overlooking the courtyard. Away from Broadway with views of the water, freighters mountains and over top of Kits. Super convenient to shopping, transportation,the best restaurants and recreation for your Westside lifestyle. Big open plan rooms, south west facing balcony, walnut engineered floors, Granite countertops, stainless steel appliances, kitchen island, insuite laundry and a large usable den space. Bright, Fun and in the heart of it all. YOU'LL LOVE IT!
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Please visit our Open House at 708 2228 BROADWAY W in Vancouver.
Open House on Sunday, February 3, 2013 1:00 pm - 2:45 pm
"THE VINE" This is the best 1 bedroom and den in the building. 7th floor overlooking the courtyard. Away from Broadway with views of the water, freighters mountains and over top of Kits. Super convenient to shopping, transportation,the best restaurants and recreation for your Westside lifestyle. Big open plan rooms, south west facing balcony, walnut engineered floors, Granite countertops, stainless steel appliances, kitchen island, insuite laundry and a large usable den space. Bright, Fun and in the heart of it all. YOU'LL LOVE IT!
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VANCOUVER, B.C. – January 3, 2013 – The Greater Vancouver housing market experienced below average  home sale totals, typical home listing activity and modest declines in home prices in 2012.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached  and apartment properties in 2012 reached 25,032, a 22.7 percent decline from the 32,387 sales recorded in 2011, and an 18.2 percent decrease from the 30,595 residential sales in 2010. Last year’s home sale total was 25.7 percent below the ten-year average for annual Multiple Listing Service® (MLS®) sales in the region.

The number of residential properties listed for sale on the MLS® in Greater Vancouver declined 2 percent in 2012 to 58,379 compared to the 59,539 properties listed in 2011. Looking back further, last year’s total represents a 0.6 percent increase compared to the 58,009 residential  properties listed in 2010. Last year’s listing total was 6.1 percent above the ten-year average for annual MLS® property listings in the region.

"For much of 2012 we saw a collective hesitation on the part of buyers and sellers in the Greater  Vancouver housing market. This behavior was reflected in lower than average home sale activity and modest fluctuations in home prices,” Eugen Klein, REBGV president said.

Residential property sales in Greater Vancouver totalled 1,142 in December 2012, a decrease of 31.1 percent from the 1,658 sales recorded in December 2011 and a 32.3 percent decline compared to November 2012 when 1,686 home sales occurred.

December sales were 38.4 per cent below the 10-year December sales average of 1,855.

Since reaching a peak in May of $625,100, the MLS® Home Price Index composite benchmark price for all residential properties in Greater Vancouver has declined 5.8 percent to $590,800. This represents a 2.3 percent decline when compared to this time last year.

“We saw home prices come down a bit during the latter half of the year. During the same period, we saw fewer home sales and listings,” Klein said.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 1,380 in December 2012. This represents a 15.3 percent decline compared to the 1,629 units listed in December 2011 and a 50 percent decline compared to November 2012 when 2,758 properties were listed.

Sales of detached properties in December 2012 reached 425, a decrease of 32.5 percent from the 630 detached sales recorded in December 2011, and a 44.7 percent decrease from the 769 units sold in December 2010. The benchmark price for detached properties decreased 2.7 percent from December 2011 to $904,200. Since reaching a peak in May, the benchmark price of a detached property has declined 6.5 percent.

Sales of apartment properties reached 504 in December 2012, a decline of 34.9 percent compared to the 774 sales in December 2011, and a decrease of 37.9 percent compared to the 811 sales in December 2010.The benchmark price of an apartment property decreased 1.9 percent from December 2011 to $361,200. Since reaching a peak in May, the benchmark price of an apartment property has declined 12.8 percent.

Attached property sales in December 2012 totalled 213, a decline of 16.1 percent compared to the 254 sales in December 2011, and a 33.2 percent decrease from the 319 attached properties sold in December 2010. The benchmark price of an attached unit decreased 2.6 percent between December 2011 and 2012 to $450,900. Since reaching a peak in April, the benchmark price of an attached property has declined 4.4 percent.

“Activity continues to vary depending on area so it’s important to work with your REALTOR® and other professionals to understand the trends in your area of interest,” Klein said.

 

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I have sold a property at 301 1088 QUEBEC ST in Vancouver.
This is a large, bright, renovated, two bedroom and two bath condo with lovely outlooks to False Creek, Science world and the trees of the courtyard. Updated kitchen with new cabinets, granite countertops and all stainless steel appliances.Updated powder room, maple hardwood floors, and open floor plan. Big rooms, corner gas fireplace and Southwest exposure make for comfortable and easy living. Great facilities in the building include a swimming pool, hot tub, sauna and gym. It's an easy walk to the seawall and around the corner to the Olympic village, Downtown, The Skytrain, Roger's Arena, BC Place, shopping and all that Vancouver has to offer . Unbeatable value for this size and location. YOU'LL LOVE IT!
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I have sold a property at 3585 31ST AVE W in Vancouver.
This is an exceptional Dunbar family home. Completely renovated in 2001 there are three bedrooms and two baths upstairs with a oak banister staircase. The master suite has a large walk-in closet and five piece bath with a soaker tub. The main floor has all oak hardwood floors and is perfect for day to day living. There is a massive kitchen with a Corian topped island, gas cooktop and double wall ovens overlooking a family space and eating area. A big walk-in pantry. There is a formal living room with gas fireplace, feature inset ceiling, formal dining room plus an additional bedroom or home office. The main floor spills out onto a 600 square foot deck and the grassy back yard with a lovely old apple tree. There is a two piece powder room, built in sound and California shutters throughout. Downstairs is a fully finished rec-room, media space and additional bedroom. a perfect play space for the kids to call their own. Bright, modern and turn key. Close to the best schools, shopping and recreation in Vancouver.
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Jeff Benna

 


 

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