Ateesh Chand - Kits Condos - July 2018

Real Estate Market Report

AT E E S H C H A N D

M A R K VA N

REALTOR®, PREC, MCNE

REALTOR®, MCNE

604.818.9919

KITSILANO CONDOS

604.833.7228

Ateesh@WestCoastHouses.ca

Mark@MarkVan.ca

Presented By AT E E S H and M A R K Your Kitsilano Condos Listing Specialists

WWW.K I T S - CO N D O S.CO M #2 - 1012 Beach Avenue Vancouver, BC V6E 1T8

JUL 2018

CA L L AT E E S H & M A R K TO DAY TO F I N D O U T YO U R CO N D O’S VA L U E! M I D-Y E A R R E V I E W

KITSILANO CO N D O S

SOLD PRICE

15.4% increase in 2018 vs. 2017

In This Issue Mid-Year Review Market Activity Report Monthly Maintenance Tip

$420,000

LOW

$818,335

AV ER AGE

$3,590,000

HIGH

R E A L E S TAT E R E V I E W

PRICE PER SQ. FT.

LOW

12.4% increase in 2018 vs. 2017

HIGH

AVERAGE SALES OVER LIST PRICE

1.0% decrease in 2018 vs. 2017

$566 $1,021

AV ER AGE

$1,800

88.7%

LOW

102.0%

AV ER AGE

131.7%

HIGH

193

14

TOTA L S A L E S

DAY S O N M A R K E T ( S O L D )

33 Fewer Homes Sold in 2018 vs 2017

Homes Sold 6 Days Faster in 2018 vs 2017

ONE GOOD TURN R E F E R RA L P RO G RA M SEE INSIDE FOR DETAILS

DEFINITELY DESERVES ANOTHER! For Listings, Real Estate News, Service Offerings, and More Visit www.Kits-Condos.com

Johnathan and Angela-Marie, This statistical analysis represents the average comparisons of 2018 over 2017 for Kitsilano Condos. For an in-depth analysis of your home’s value, call us today at 604.818.9919 or 604.833.7228 for a complimentary evaluation.

Data based on listings from REBGV from January 1st to June 30th, 2018. Information deemed accurate but not guaranteed.

Prepared Especially for

Johnathan and Angela-Marie Williams

I HELP SUPPORT!

MONTHLY MAINTENANCE TIPS

A portion of every one of my sales goes to the Children’s Miracle Network g

TUNE UP YOUR HOME IN 10 MINUTES OR LESS WITH SIMPLE MAINTENANCE.

Home maintenance is something we often neglect. Even though your condo may have a property manager for exterior maintenance, the inside of your unit is still largely your responsibility. Between our daily and weekly responsibilities, maintenance is something that often falls by the wayside. But it’s essential. Like your vehicle, your home and property benefit from regular tune-ups.

J O H N AT H A N A N D A N G E L A - M A R I E, AT E E S H C H A N D

M A R K VA N

REALTOR®, PREC, MCNE

REALTOR®, MCNE

604.818.9919

604.833.7228

Ateesh@WestCoastHouses.ca

Mark@MarkVan.ca

WWW.K I T S - CO N D O S.CO M

With so many condos available, you need experts who can list your home to stand out and attract the right kind of buyers, or help you find the right fit for your investment. Let us help you navigate the market and get win-win results! Call us today at

Fun, right? We know: not so much. But here’s the good news. Taking on home maintenance in 10-minute bursts is the smart way to get it done.

1. Dust and test your smoke and carbon monoxide detectors (twice a year).

604.818.9919 or 604.833.7228

K I T S I L A N O CO N D O S M A R K E T R E P O RT

R E F E R RA L P RO G RA M

S H OW I N G P RO P E RT I E S $700K A N D A B OV E

H O M E S R E C E N T LY L I S T E D

Showing 16 of 49 total

STATUS

TOTAL BEDS

TOTAL BATHS

ESTIMATED SQ. FT.

LIST PRICE

PRICE PER SQ. FT.

YEAR BUILT

DAYS ON MARKET

Active

2

2

853

$719,900

$844

1990

0

Active

3

1

987

$749,900

$760

1980

0

Active

1

2

885

$749,900

$847

2001

10

Active

2

1

840

$774,000

$921

1989

30

Active

1

1

742

$778,000

$1,049

1998

8

Active

1

1

744

$799,999

$1,075

2010

1

Active

2

1

913

$819,900

$898

1999

2

Active

2

2

853

$888,000

$1,041

2000

2

Active

1

1

799

$893,800

$1,119

2002

9

Active

1

1

798

$898,000

$1,125

1983

6

Active

2

2

936

$898,000

$959

1991

16

Active

2

2

929

$899,900

$969

2003

16

Active

1

1

755

$949,000

$1,257

1956

2

Active

2

2

941

$949,999

$1,010

1998

20

Active

2

2

1,051

$989,000

$941

1995

17

Active

2

2

946

$998,000

$1,055

1914

14

HOMES SOLD IN THE LAST MONTH

Every time we receive a real estate referral, we consider it as the highest compliment we can be paid professionally. We sincerely appreciate each of these shows of trust. When you connect us to a friend, family member, co-worker, or anyone else looking to buy or sell real estate, we commit to: (i) Take care of them with a high level of service that will leave them thanking you, and (ii) Take care of you with the following two-part way of saying “Thanks!”:

PART 1: THE INTRO

Questions & Answers

When you introduce us to someone who is contemplating buying or selling real estate, we automatically provide you with TWO ALL-INCLUSIVE MOVIE TICKETS (includes drinks, pop, movie)*

Q: Why is your “thanks” for referrals so much larger than other REALTORS®?

A: We believe that financially rewarding those who promote our real estate services and put their trust in us: • has greater potential to improve the causes of our referral network through our exclusive Community Supporter Program©; and • provides a better return for our marketing budget than plastering our faces on bus stop benches and regularly inundating mailboxes with glossy flyers. We could spend $750 or $1000 on a telemarketer to call you and your friends during dinner, but we much rather give that same money to you or the community cause of your choice.

PART 2: COMPLETION

Showing 12 of 21 total

TOTAL BEDS

TOTAL BATHS

ESTIMATED SQ. FT.

SOLD PRICE

SOLD PRICE LIST PRICE %

SOLD PRICE PER SQ. FT.

YEAR BUILT

DAYS ON MARKET

Sold

2

2

886

$745,000

98%

$841

1996

32

Sold

2

2

972

$1,020,000

107%

$1,049

1998

7

Sold

2

2

960

$980,000

99%

$1,021

1996

5

Sold

2

2

964

$849,000

100%

$881

1990

6

Sold

1

1

633

$730,000

99%

$1,153

2012

11

Sold

2

1

784

$742,500

99%

$947

1998

11

Sold

1

1

649

$730,000

99%

$1,125

2012

7

Sold

2

2

1,075

$1,100,000

100%

$1,023

1999

6

Sold

2

2

930

$798,000

100%

$858

1991

5

Sold

2

2

868

$800,000

98%

$922

1999

5

Sold

2

1

812

$805,000

98%

$991

1977

11

Sold

2

2

1,029

$1,119,000

99%

$1,087

1998

3

STATUS

ONE GOOD TURN DEFINITELY DESERVES ANOTHER!

Ateesh Chand, Mark Van, RE/MAX Crest and RE/MAX Metro are not in any way affiliated with Kitsilano Condos Home Owners Association, nor is this in any way an official advertisement or publication of Kitsilano Condos. ©2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the REBGV as of July 5th, 2018. Listings and sales may not be those of RE/MAX Crest or RE/ MAX Metro. The National Association of Realtors® and REBGV does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

When we help the people you introduce us to complete: (i) the purchase of a great home and/or (ii) the successful sale of their existing home, they won’t be the only ones who will be happy - so will you!

As an additional thanks from us to you, we provide you with two compelling options to choose from:

1.

2.

$750 cash; OR $1,000 Community Supporter Program© participation At least $750 to a charitable cause of your choice in our community + Up to $250 cash to you = $1000*

Q: What do you mean by an “introduction”?

A: Real estate introductions can be made: • In person; and/or • By your providing us with their contact information, with you giving a heads-up that we will be contacting them to explain our services; and/or • By your providing them with our contact information, with you reminding them to mention your name, so we can give you proper credit!

Q: What happens if they don’t use you to represent them?

A: While we know that we have lots to offer as a Realtor to all of your friends and family, we know not every introduction will lead to a working relationship. You don’t worry about that - just make a quality intro and we’ll ship your movie tickets to you with thanks!

Johnathan and Angela-Marie, For additional details on the Questions & Answers section or for more information about this program contact us today at 604.818.9919 or 604.833.7228.