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.