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Josh Mulherin & Michael McWilliams - Marinaside - Jan 2018

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1428 West 7th Vancouver BC V6H 1C1

ATTENTION POSTMASTER: Time Sensitive Materials

MARINASIDE HOMES A Q UA R I U S | C R E S T M A R K | M A R I N A S I D E R E S O RT

JOSH MULHERIN

P E N I N S U L A | Q UAY W E S T R E S O RT

MICHAEL MCWILLIAMS

REALTOR®

Personal Real Estate Corporation

778.772.9254

778.688.4444

Josh@MarinasideHomes.com

Michael@MarinasideHomes.com

J a n u a r y 2 018 R e a l E s t a t e M a r k e t R e p o r t

W W W. M A R I N A S I D E H O M E S . C O M

HOME SALE PRICES ARE UP AN AVERAGE OF

$370,776 FOR 2017!

Marinaside 2017 Year-End Review - Condos and Townhomes

$

Average Sold Price

2017 AVERAGE: $1,544,116

2017 AVERAGE: $1,398

Low: $665,000 • High: $4,250,000

Low: $1,031 • High: $2,064

2016 AVERAGE: $1,173,340 Low: $496,090 • High: $2,750,000

Average Price per Square Foot

2016 AVERAGE: $1,142 Low: $731 • High: $1,440

2017 PERCENTAGE OF MARINASIDE HOMES SOLD IN 2016: 68

Number of Homes Sold

Marinaside Turnover

Average Days on Market

Avg. Sold Price /List Price Ratio

76

5.3%

13

101.4%

8 MORE HOMES SOLD THAN 2016

PERCENTAGE OF MARINASIDE HOMES SOLD IN 2017

LOW: 0 / HIGH: 78 7 DAYS FASTER THAN 2016

LOW: 88.6% / HIGH: 117.2% 0.2% LOWER THAN 2016

Jonathan and Angela-Marie, Marinaside has seen beneficial changes in its housing market this year. If you’ve considered selling, now is the time to get a great return on your investment! Call us today at 778.772.9254 or 778.688.4444 to find out how we will help you maximize your home’s selling potential! Reflects data from the REBGV from January 1st through December 14th, 2016 and 2017. Deemed accurate but not guaranteed.

PRESENTED BY Josh Mulherin and Michael McWilliams Your Marinaside Homes Real Estate Specialists

HOME VALUES HAVE INCREASED! DO YOU KNOW YOUR HOME’S NEW VALUE? www.MARINASIDEHOMES.com YOUR HOME'S VALUE WILL BE BASED ON SEVERAL KEY FACTORS: Home Sales in Marinaside 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. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 604.880.5816 | ©2018

P R E PA R E D E S P E C I A L LY F O R

Jonathan and Angela-Marie Williams


MARINASIDE HOMES MARKET REPORT

CLIENT TESTIMONIAL

JOSH MULHERIN

MICHAEL MCWILLIAMS

REALTOR®

Personal Real Estate Corporation

778.772.9254 Josh@MarinasideHomes.com

“In our initial meeting with Josh, he was confident, informed, and willing to listen to our points of view. He also presented a ‘Comparative Market Analysis’ which gave a detailed description of the market we were selling into. Josh helped with staging our condo in a way that maximized its potential. During the course of the sale, up until completion, Josh worked tirelessly to keep us informed throughout the process and ensured our expectations were communicated. We would wholeheartedly recommend Josh Mulherin without hesitation, as a dedicated and hardworking Realtor who has your best interests in mind.” -G & G

778.688.4444

Michael@MarinasideHomes.com

W W W. M A R I N A S I D E H O M E S . C O M

MARINASIDE 1

| 2017 CURRENT MARKET ACTIVITY

AQUARIUS

$1.5M AVG. SOLD PRICE $1,400 AVG. PRICE PER SQFT 100% AVG. SP/LP RATIO

2

1

4

MARINASIDE RESORT

PENINSULA

$1.4M AVG. SOLD PRICE $1,402 AVG. PRICE PER SQFT 104% AVG. SP/LP RATIO

5

2

QUAYWEST RESORT

$1.9M AVG. SOLD PRICE $1,481 AVG. PRICE PER SQFT 102% AVG. SP/LP RATIO Reflects data from the REBGV from January 1st, 2017 through December 14th, 2017. Deemed accurate but not guaranteed.

H o m es C u rren t l y L i st ed i n Marin as ide Status Active Active Active Active Active Active Active Active Active Active

© 2017 Google

A visual representation of the MLS data on the right page..

Jonathan and Angela-Marie, Our marketing is representative of the time, effort, and money you have spent in obtaining and maintaining your home. If you are looking to sell, let us help you achieve exceptional results. Call us today at 778.772.9254 or 778.688.4444.

Development Aquarius I Aquarius II Crestmark II Crestmark II Crestmark II Marinaside Resort Marinaside Resort Marinaside Resort Marinaside Resort Quaywest

Beds 2 2 2 2 3 2 2 2 3 2

Baths 2 2 2 2 3 2 2 3 3 2

Approx. Square Feet 1,080 1,011 964 1,153 1,492 896 1,008 1,385 1,427 937

List Price $1,598,800 $1,575,000 $1,488,000 $2,180,000 $2,198,000 $1,280,000 $1,500,000 $1,850,000 $2,288,000 $1,350,000

Price Per Sq Ft $1,480 $1,558 $1,544 $1,891 $1,473 $1,429 $1,488 $1,336 $1,603 $1,441

List Date 11/27/17 12/07/17 12/01/17 10/05/17 12/11/17 11/07/17 10/16/17 12/12/17 10/12/17 12/05/17

Mo st R ecen t H o m es S o l d i n Ma r in as ide

5

$1.1M AVG. SOLD PRICE $1,365 AVG. PRICE PER SQFT 105% AVG. SP/LP RATIO

4

Dear Jonathan and Angela-Marie, If you want to know what your home would sell for in today's market, contact us today for your free Comparative Market Analysis. Josh Mulherin at 778.772.9254 or Michael McWillams at 778.688.4444.

3

CRESTMARK

$1.4M AVG. SOLD PRICE $1,325 AVG. PRICE PER SQFT 98% AVG. SP/LP RATIO

3

AQUARIUS | CRESTMARK | MARINASIDE RESORT PENINSULA | QUAYWEST RESORT

Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Development Aquarius Aquarius Aquarius II Aquarius II Aquarius II Aquarius III Crestmark Crestmark Crestmark II Crestmark II Crestmark II Marinaside Resort Marinaside Resort Marinaside Resort Marinaside Resort Marinaside Resort Quaywest Quaywest Quaywest Quaywest Quaywest Quaywest

Beds 1 3 2 1 1 1 2 1 1 2 3 2 1 2 2 2 1 1 2 2 1 3

Baths 1 2 2 1 1 1 2 2 1 3 2 3 1 2 2 2 1 1 2 2 1 3

Approx. Square Feet 789 1,358 1,000 760 770 722 1,214 1,114 645 1,480 1,380 1,305 727 818 850 1,103 597 752 1,358 1,034 582 2,059

Sold Price $1,050,000 $2,210,000 $1,630,000 $980,000 $987,000 $797,500 $1,280,000 $1,990,000 $808,000 $1,980,000 $2,198,000 $1,800,000 $898,000 $1,078,000 $1,291,000 $1,750,000 $780,000 $1,025,000 $2,526,500 $1,516,800 $740,000 $4,250,000

Price Per Sq Ft $1,331 $1,627 $1,630 $1,289 $1,282 $1,105 $1,054 $1,786 $1,253 $1,338 $1,593 $1,379 $1,235 $1,318 $1,519 $1,587 $1,307 $1,363 $1,860 $1,467 $1,271 $2,064

Sold Date 10/04/17 09/07/17 10/20/17 10/11/17 09/10/17 10/06/17 10/31/17 09/16/17 11/01/17 10/02/17 09/05/17 12/03/17 11/14/17 11/07/17 10/23/17 09/19/17 11/28/17 11/17/17 11/01/17 10/28/17 10/02/17 09/20/17

Days on Market 30 1 4 5 5 17 6 3 8 6 69 73 7 1 6 6 7 16 9 18 13 15

Josh Mulherin, Michael McWilliams, The RE/MAX Collection, and RE/MAX Crest Realty do not imply that this is in any way an official advertisement or publication of RE/MAX®. © 2018 All rights reserved. This representation is based on data reported as of December 14th, 2017 by multiple brokers/agents to the Real Estate Board of Greater Vancouver (REBGV). This information is not intended to represent any existing listings but is general marketing information based on REBGV data, however, neither RE/MAX Crest Realty, REBGV nor its MLS® guarantees 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 is it intended to cause or induce a breach of an existing agency agreement. If you do not wish to receive any further newsletter correspondence, please contact me by email or telephone. Each office independently owned and operated.


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