Jeff Benna
I have sold a property at 1507 1068 BROADWAY W in Vancouver.
Sub-penthouse view home with sweeping views of English Bay, City, and Mountains! This 2 bedroom 2 bathroom home occupies the North East corner of the 15th floor, enjoy the patio offering unparalleled views for relaxing or entertaining on. Welcome to an meticulously laid out home with the 2 bedrooms nestled on opposite corners, a well appointed kitchen with a stainless steel appliance package; floor to ceiling windows in the living room to enjoy the city lights; A small dedicated office in the enclosed balcony and sizable insuite storage. The Fairview location is steps to amenities and services and a few blocks to the seawall Granville St. and Cambie St. entertainment hubs. 98 Walkscore. 2 parking and storage locker.
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I have listed a new property at 305 298 11TH AVE E in Vancouver.
THE SOPHIA! This is a great one bedroom and den in the heart of South Main. It's big, bright and spacious with high ceilings, a big balcony, an electric fireplace and loads of in-suite storage. Open plan living, dining and kitchen with island, granite countertops, tile backsplash and stainless steel appliances. A semi-ensuite bath with soaker tub make this a perfect personal Oasis. Great building with playground, rooftop deck and garden plus a common room perfect for parties and functions. Restaurants, coffee shops, shopping, recreation and culture all right outside your front door. One parking stall. Freshly painted and renovated with new lights and carpet. This suite shows great. YOU'LL LOVE IT!
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Please visit our Open House at 305 298 11TH AVE E in Vancouver.
Open House on Thursday, February 16, 2017 6:00PM - 7:00PM
THE SOPHIA! This is a great one bedroom and den in the heart of South Main. It's big, bright and spacious with high ceilings, a big balcony, an electric fireplace and loads of in-suite storage. Open plan living, dining and kitchen with island, granite countertops, tile backsplash and stainless steel appliances. A semi-ensuite bath with soaker tub make this a perfect personal Oasis. Great building with playground, rooftop deck and garden plus a common room perfect for parties and functions. Restaurants, coffee shops, shopping, recreation and culture all right outside your front door. One parking stall. Freshly painted and renovated with new lights and carpet. This suite shows great. YOU'LL LOVE IT!
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Please visit our Open House at 305 298 11TH AVE E in Vancouver.
Open House on Sunday, February 19, 2017 2:00PM - 4:00PM
THE SOPHIA! This is a great one bedroom and den in the heart of South Main. It's big, bright and spacious with high ceilings, a big balcony, an electric fireplace and loads of in-suite storage. Open plan living, dining and kitchen with island, granite countertops, tile backsplash and stainless steel appliances. A semi-ensuite bath with soaker tub make this a perfect personal Oasis. Great building with playground, rooftop deck and garden plus a common room perfect for parties and functions. Restaurants, coffee shops, shopping, recreation and culture all right outside your front door. One parking stall. Freshly painted and renovated with new lights and carpet. This suite shows great. YOU'LL LOVE IT!
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Please visit our Open House at 1070-80 15TH AVE W in Vancouver.
Open House on Sunday, February 12, 2017 2:00PM - 2:45PM BY APPOINTMENT 2:00-2:45 Please contact us to register 604-868-1651 or jeff@jeffbenna.com
CHARACTER SIDE BY SIDE DUPLEX on a quiet, tree lined street. This renovated home with Mission Style architectural features has four units. There are two, three bedroom, two bath units on two levels and each side has a one bedroom, one bath, garden apartment below. The upper units are fully renovated. There are beautiful hardwood floors, spacious, bright rooms, and updated kitchens and baths. Newer roof, updated windows and mechanicals for modern comfort. This is an ideal property for a shared purchase, providing accommodation for extended family or selling the big home to downsize with extra income. Great location with easy access to everything the Westside has to offer. YOU'LL LOVE IT!
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VANCOUVER, BC – February 2, 2017 – Home sales and listings trends are below long-term averages in the Metro Vancouver* housing market. This is due largely to reduced activity in the detached home market.

Residential property sales in the region totalled 1,523 in January 2017, a 39.5 percent decrease from the 2,519 sales recorded in January 2016 and an 11.1 percent decrease compared to December 2016 when 1,714 homes sold.

Last month’s sales were 10.3 per cent below our 10-year January sales average.

“From a real estate perspective, it’s a lukewarm start to the year compared to 2016,” Dan Morrison, Real Estate Board of Greater Vancouver (REBGV) president said. “While we saw near record-breaking sales at this time last year, home buyers and sellers are more reluctant to engage so far in 2017.”

New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,140 in January 2017. This represents a 6.8 percent decrease compared to the 4,442 homes listed in January 2016 and a 215.5 percent increase compared to December 2016 when 1,312 properties were listed.

The total number of homes currently listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver is 7,238, a 9.1 percent increase compared to January 2016 (6,635) and a 14.1 percent increase compared to December 2016 (6,345).

The sales-to-active listings ratio for January 2017 is 21 percent. This is the lowest the ratio has been in the region since January 2015. Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 percent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 percent over several months.

“Conditions within the market vary depending on property type. The townhome and condominium markets are more active than the detached market at the moment,” Morrison said. “As a result, detached home prices declined about 7 percent since peaking in July while townhome and condominium prices held steady over this period.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $896,000. This represents a 3.7 percent decline over the past six months and a 0.2 percent decrease compared to December 2016.

Sales of detached properties in January 2017 reached 444, a decrease of 57.6 percent from the 1,047 detached sales recorded in January 2016. The benchmark price for detached properties is $1,474,800. This represents a 6.6 percent decline over the last six months and a 0.6 percent decrease compared to December 2016.

Sales of apartment properties reached 825 in January 2017, a decrease of 24.7 percent compared to the 1,096 sales in January 2016.The benchmark price of an apartment property is $512,300. This represents a 0.3 percent increase over the last six months and a 0.4 percent increase compared to December 2016.

Attached property sales in January 2017 totalled 254, a decrease of 32.4 percent compared to the 376 sales in January 2016. The benchmark price of an attached unit is $666,500. This represents a 0.4 percent decline over the last six months and a 0.7 percent increase compared to December 2016.

 

 

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Jeff Benna

 


 

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