Jeff Benna

I have listed a new property at 1809 GREER AVE in Vancouver.
KITS POINT! This is a three level, three bedroom, two and a half bath townhouse with a big roof top deck. There are two underground parking spaces and a large storage area. There are hardwood floors, a gas fireplace and the kitchen and bathrooms were renovated in 2010. The main floor is bright and airy with a chef's kitchen, dining room and living room leading to a South facing deck. Upstairs are the bedrooms including a Master with ensuite and the third bathroom. On the top floor is a den/office space and your private roof top deck. You can move right in or recreate the space to your own tastes. All of this in a well maintained, boutique, five unit strata. The Beach is a quick walk right outside your door and you're located in the heart of Kits' most desired community. YOU’LL LOVE IT!
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Please visit our Open House at 1809 GREER AVE in Vancouver.
Open House on Thursday, May 24, 2018 5:00PM - 7:00PM
KITS POINT! This is a three level, three bedroom, two and a half bath townhouse with a big roof top deck. There are two underground parking spaces and a large storage area. There are hardwood floors, a gas fireplace and the kitchen and bathrooms were renovated in 2010. The main floor is bright and airy with a chef's kitchen, dining room and living room leading to a South facing deck. Upstairs are the bedrooms including a Master with ensuite and the third bathroom. On the top floor is a den/office space and your private roof top deck. You can move right in or recreate the space to your own tastes. All of this in a well maintained, boutique, five unit strata. The Beach is a quick walk right outside your door and you're located in the heart of Kits' most desired community. YOU’LL LOVE IT!
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Please visit our Open House at 1809 GREER AVE in Vancouver.
Open House on Saturday, May 26, 2018 2:00PM - 4:00PM
KITS POINT! This is a three level, three bedroom, two and a half bath townhouse with a big roof top deck. There are two underground parking spaces and a large storage area. There are hardwood floors, a gas fireplace and the kitchen and bathrooms were renovated in 2010. The main floor is bright and airy with a chef's kitchen, dining room and living room leading to a South facing deck. Upstairs are the bedrooms including a Master with ensuite and the third bathroom. On the top floor is a den/office space and your private roof top deck. You can move right in or recreate the space to your own tastes. All of this in a well maintained, boutique, five unit strata. The Beach is a quick walk right outside your door and you're located in the heart of Kits' most desired community. YOU’LL LOVE IT!
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I have listed a new property at 3123 16TH AVE W in Vancouver.
A great place to build your new home with laneway house or hold as a 3 bedroom rental $2700 per month. This is a 33' x 122" RS-5 zoned lot with no trees in Upper Kits. Direct bus to the University of British Columbia. The public library and Community Centre are minutes away along with dozens of local shops, restaurants, fruit stands, parks and recreation. The current house features a large living room with wood burning fireplace, 2 bedrooms, 3-piece bathroom, and a kitchen with eating area. There is a back porch and single car garage with attached carport. The paved back lane is well lit with lamp standards. SCHOOLS Elementary: Carnarvon, Secondary: Kitsilano, French Immersion - Early K -: Trafalgar, Late 6-7: General Gordon, - Secondary: Kitsilano. Oil tank removed. YOU'LL LOVE IT!
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Please visit our Open House at 3123 16TH AVE W in Vancouver.
Open House on Thursday, May 10, 2018 6:00PM - 7:00PM
A great place to build your new home with laneway house or hold as a 3 bedroom rental $2700 per month. This is a 33' x 122" RS-5 zoned lot with no trees in Upper Kits. Direct bus to the University of British Columbia. The public library and Community Centre are minutes away along with dozens of local shops, restaurants, fruit stands, parks and recreation. The current house features a large living room with wood burning fireplace, 2 bedrooms, 3-piece bathroom, and a kitchen with eating area. There is a back porch and single car garage with attached carport. The paved back lane is well lit with lamp standards. SCHOOLS Elementary: Carnarvon, Secondary: Kitsilano, French Immersion - Early K -: Trafalgar, Late 6-7: General Gordon, - Secondary: Kitsilano. Oil tank removed. YOU'LL LOVE IT!
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Please visit our Open House at 3123 16TH AVE W in Vancouver.
Open House on Sunday, May 13, 2018 2:00PM - 4:00PM
A great place to build your new home with laneway house or hold as a 3 bedroom rental $2700 per month. This is a 33' x 122" RS-5 zoned lot with no trees in Upper Kits. Direct bus to the University of British Columbia. The public library and Community Centre are minutes away along with dozens of local shops, restaurants, fruit stands, parks and recreation. The current house features a large living room with wood burning fireplace, 2 bedrooms, 3-piece bathroom, and a kitchen with eating area. There is a back porch and single car garage with attached carport. The paved back lane is well lit with lamp standards. SCHOOLS Elementary: Carnarvon, Secondary: Kitsilano, French Immersion - Early K -: Trafalgar, Late 6-7: General Gordon, - Secondary: Kitsilano. Oil tank removed. YOU'LL LOVE IT!
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VANCOUVER, BC – May 2, 2018 – The Metro Vancouver* housing market saw fewer home buyers and more home sellers in April.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,579 in April 2018, a 27.4 percent decrease from the 3,553 sales recorded in April 2017, and a 2.5 percent increase compared to March 2018 when 2,517 homes sold.

Last month’s sales were 22.5 per cent below the 10-year April sales average.

“Market conditions are changing. Home sales declined in our region last month to a 17-year April low and home sellers have become more active than we’ve seen in the past three years,” Phil Moore, REBGV president said. “The mortgage requirements that the federal government implemented this year have, among other factors, diminished home buyers’ purchasing power and they’re being felt on the buyer side today.”

There were 5,820 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in April 2018. This represents an 18.6 percent increase compared to the 4,907 homes listed in April 2017 and a 30.8 percent increase compared to March 2018 when 4,450 homes were listed.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 9,822, a 25.7 percent increase compared to April 2017 (7,813) and a 17.2 percent increase compared to March 2018 (8,380).

“Home buyers have more breathing room this spring. They have more selection to choose from and less demand to compete against,” Moore said.

For all property types, the sales-to-active listings ratio for April 2018 is 26.3 percent. By property type, the ratio is 14.1 percent for detached homes, 36.1 percent for townhomes, and 46.7 percent for condominiums.

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.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,092,000. This represents a 14.3 percent increase over April 2017 and a 0.7 percent increase compared to March 2018.

Sales of detached properties in April 2018 reached 807, a 33.4 percent decrease from the 1,211 detached sales recorded in April 2017. The benchmark price for detached properties is $1,605,800. This represents a 5.1 percent increase from April 2017 and a 0.2 percent decrease compared to March 2018.

Sales of apartment properties reached 1,308 in April 2018, a 24 percent decrease from the 1,722 sales in April 2017. The benchmark price of an apartment property is $701,000. This represents a 23.7 percent increase from April 2017 and a 1.1 percent increase compared to March 2018.

Attached property sales in April 2018 totalled 464, a 25.2 percent decrease compared to the 620 sales in April 2017. The benchmark price of an attached unit is $854,200. This represents a 17.7 percent increase from April 2017 and a 2.3 percent increase compared to March 2018.

 

 

Download The Full Market Report Here

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I have sold a property at 103 338 WARD ST in New Westminster.
Located in the heart of historic Sapperton, this spacious 1 bedroom apartment is a short walk to sky train, grocery stores, parks, shops & restaurants the area is known for. This ground floor unit is clean and in it's original splendour. Enjoy your large private patio removed from a quiet tree lined street. Loads of storage in the unit as well. Special bonus is the gorgeous gas fireplace for cozy evenings. 1 (small) dog or 1 cat is welcome. Worry free this building is in great shape & well maintained.
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Jeff Benna

 


 

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