Blog by Michael Giesbrecht

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North Vancouver Single Family Home Update

July 8th, 2011
There are currently 312 single family homes for sale in North Vancouver ranging in price from $549,900 for a 2 bedroom 1,500 square foot house in Westlynn to $14,900,000 for a 7 bedroom, 13,000 square foot waterfront home on Panorama. There have been 423 sales since April 1st, with the average sale price during that time coming in at $1,070,284 and the median sale price being $950,000.  T ...

West Vancouver Single Family Home Update

July 5th, 2011
There are currently 468 single family homes for sale in West Vancouver ranging in price from $675,000 for a 2 bedroom rancher in Lions Bay to $39,000,000 for an 11 bedroom, 29,770 square foot mansion on a 5.44 acre lot at 2190 Camelot Road. There have been 413 sales since April 1st, with the average sale price during that time coming in at $2,2247,676.  The least expensive sale price so far ...

North Vancouver Single Family Home Update

June 27th, 2011
There are currently 332 single family homes for sale in North Vancouver ranging in price from $549,900 for a 2 bedroom 1,500 square foot house in Westlynn to $15,000,000 for a 10 bedroom, 13,000 square foot waterfront home on Beachview. There have been 505 sales since March 1st, with the average sale price during that time coming in at $1,056,118.  The least expensive sale price so far this ...

West Vancouver Condo Update

June 26th, 2011
There are currently 108 condominium apartment homes for sale in West Vancouver ranging in price from $235,000 for a 459 square foot studio in Ambleside to $7,800,000 for a 4 bedroom, 4,811 square foot penthouse in Dundarave. There have been 80 sales since March 1st, with the average sale price for a 1-bedroom during that time coming in at $487,051 and for a 2-bedroom coming in at $1,318,298 ...

West Vancouver Single Family Home Update

June 24th, 2011
There are currently 482 single family homes for sale in West Vancouver ranging in price from $675,000 for a 2 bedroom rancher in Lions Bay to $39,000,000 for an 11 bedroom, 29,770 square foot mansion on a 5.44 acre lot at 2190 Camelot Road. There have been 516 sales since March 1st, with the average sale price during that time coming in at $2,205,649.  The least expensive sale price so far ...

Home Prices Down; Affordability Improves

October 15th, 2008
Home Prices Down; Affordability Improves Vancouver, BC – October 15, 2008. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 39 per cent to $2.1 billion in September, compared to September 2007. Residential unit sales were down 34 per cent to 5,107 units during the same period. The average MLS ...

The Time to Buy Real Estate in Vancouver is Now

September 18th, 2008
  A lot of people are thinking of "timing the market" and waiting until they think the market has bottomed out before purchasing.  But the only time you can know when the market has bottomed out is when the market starts going up again.  I want to give you 3 reasons to buy in Vancouver now instead of waiting for 6 months: #1 Lots of inventory #2 Interest ra ...

Fewer Homes Being Added to the Market

September 12th, 2008
Fewer Homes Being Added to the Market   Vancouver, BC – September 12, 2008. British Columbia Real Estate Association (BCREA) reports residential sales dollar volume on the Multiple Listing Service® (MLS®) in BC declined 49 per cent to $2.2 billion in August, compared to August 2007. Residential unit sales were down 47 per cent to 5,175 units during the same period. The average ML ...

Summer Lull Sees Properties Stay on the Market

September 3rd, 2008
News Release FOR IMMEDIATE RELEASE: Summer lull sees properties stay on market VANCOUVER, B.C. – September 3, 2008 – The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 1,568 in August 2008, a decline of 53.7 per cent from the 3,384 sales in August 2007, and a 47.7 per cent reduction from the 2,998 sales re ...

Condo Life: Who Pays For What?

July 14th, 2008

There was an article in the paper this weekend about a condo owner wanting her strata to pay for something that would benefit her, but would provide little benefit for anyone else.  Is this fair?  She took her case to the BC Human Rights Tribunal and the ruling went in her favour.

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