JANUARY 2019
1428 West 7th Vancouver BC V6H 1C1
JOSH MULHERIN | 778.772.9254 REALTOR® | Listing Specialist | Neighbour Josh@LifeInTheCove.com
REAL ESTATE MARKET REPORT
W W W . L I F E I N T H EC OV E . C O M
DESPITE A SLOWER MARKET IN 2018, BOTH MEDIAN AND AVERAGE PRICES ARE UP Y-O-Y (MEDIAN +$214,000 & AVERAGE +$250,999) Deep Cove 2018 Year-End Review
$
Average Sold Price
2018 AV E R AGE: $2,106,113
2018 AV E R AGE: $804
Low: $1,162,500 • High: $5,500,000
Low: $436• High: $1,650
2017 AV E R AGE: $1,855,114 Low: $1,028,000 • High: $4,025,000
Average Price per Square Foot
2017 AV E R AGE: $758 Low: $467 • High: $1,332
2018
Number of Homes Sold
Deep Cove Turnover
Average Days on Market
Avg. Sold Price /List Price Ratio
23
2.3%
37
96.0%
5 F E W E R HOM E S SOL D T H A N 2017
PE RC E N TAG E OF DE E P COV E HOM E S SOL D I N 2018
L OW: 4 / H IG H: 163 11 DAY S L ONG E R T H A N 2017
L OW: 85.4% / H IG H: 103.9% 1.3% L OW E R T H A N 2017
Johnathan and Angela-Marie, Deep Cove, and Metro Vancouver in general, experienced an adjustment in its real estate market in 2018, and it is now especially important to accurately price and properly present and market your property if you’re considering selling. Call Josh today at 778.772.9254 to find out how he will help you maximize your home’s selling potential! Reflects data from the REBGV from January 1st through December 19th, 2017 and 2018. Deemed accurate but not guaranteed.
DO YOU KNOW YOUR HOME’S NEW VALUE? W W W . L I F E I N T H E C OV E . C O M YOUR HOME'S VALUE WILL BE BASED ON SEVERAL KEY FACTORS: Home Sales in Deep Cove for the past six months, square footage, views, location, special features and renovations that set your home apart, and other active comparables that will factor into pricing.
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams PRESENTED BY JOSH MULHERIN
Your Deep Cove Listing Specialist and Neighbour
www. L ife i n t he c ove.com