1428 West 7th Vancouver BC V6H 1C1
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
F e b r u a r y 2 019 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
2018 HOME SALE PRICES FOR MARINASIDE HOMES Marinaside 2018 Year-End Review - Condos and Townhomes
$
Average Sold Price
2018 AVERAGE: $1,423,853
2018 AVERAGE: $1,391
Low: $659,900 • High: $3,425,000
Low: $1,003 • High: $2,365
2017 AVERAGE: $1,556,140 Low: $665,000 • High: $4,250,000
Average Price per Square Foot
2017 AVERAGE: $1,402 Low: $1,031 • High: $2,064
2018 PERCENTAGE OF MARINASIDE HOMES SOLD IN 2016: 68
Number of Homes Sold
Marinaside Turnover
Average Days on Market
Avg. Sold Price /List Price Ratio
58
3.6%
25
98.0%
19 FEWER HOMES SOLD THAN 2017
PERCENTAGE OF MARINASIDE HOMES SOLD IN 2018
LOW: 0 / HIGH: 158 12 DAYS LONGER THAN 2017
LOW: 80.4% / HIGH: 118.9% 3.6% LOWER THAN 2017
Jonathan and Angela-Marie, Marinaside, and 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 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 31st, 2017 and 2018. Deemed accurate but not guaranteed.
PRESENTED BY Josh Mulherin and Michael McWilliams Your Marinaside Homes Real Estate Specialists
HOME VALUES HAVE CHANGED BUT REMAIN RELATIVELY HIGH! 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, renovations that set your home apart, and other active comparables that will factor into pricing. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 604.841.1739 | ©2019
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
COMING SOON!
JOSH MULHERIN
Dear Jonathan and Angela-Marie, If you want to know what your home would sell for in the current market, contact us today for your free Comparative Market Analysis. Call Josh Mulherin at 778.772.9254 or Michael McWilliams at 778.688.4444.
MICHAEL MCWILLIAMS
REALTOR®
Personal Real Estate Corporation
778.772.9254 Josh@MarinasideHomes.com
778.688.4444
Michael@MarinasideHomes.com
#502 - 63 KEEFER PLACE 3 BEDS | 2 BATHS | 962 SQUARE FEET
W W W. M A R I N A S I D E H O M E S . C O M
MARINASIDE | 2018 MARKET ACTIVITY 1
AQUARIUS
$1.2M AVG. SOLD PRICE $1,333 AVG. PRICE PER SQFT 98% AVG. SP/LP RATIO
2
3
CRESTMARK
1
$1.7M AVG. SOLD PRICE $1,446 AVG. PRICE PER SQFT 99% AVG. SP/LP RATIO
3
5
4
MARINASIDE RESORT
$1.5M AVG. SOLD PRICE $1,395 AVG. PRICE PER SQFT 97% AVG. SP/LP RATIO
4
PENINSULA
$1.3M AVG. SOLD PRICE $1,381 AVG. PRICE PER SQFT 99% AVG. SP/LP RATIO
5
AQUARIUS | CRESTMARK | MARINASIDE RESORT PENINSULA | QUAYWEST RESORT
2
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 Active Active Active Active Active Active Active Active Active Active Active Active
Development Aquarius Aquarius Aquarius Aquarius Aquarius Aquarius Aquarius Crestmark Crestmark Crestmark Crestmark Marinaside Resort Marinaside Resort Marinaside Resort Marinaside Resort Peninsula Peninsula Quaywest Resort Quaywest Resort Quaywest Resort Quaywest Resort Quaywest Resort
Beds 1 1 2 2 2 3 2 1 2 2 3 1 2 2 2 2 2 1 2 2 3 2
Baths 1 1 2 2 2 2 2 1 2 2 2 1 2 2 3 2 2 1 2 2 2 2
List Price $799,800 $969,900 $999,900 $1,898,000 $1,950,000 $1,968,000 $2,499,000 $719,000 $1,399,000 $1,500,000 $2,098,000 $948,000 $1,329,000 $1,339,000 $1,830,000 $1,475,000 $1,898,000 $1,229,000 $1,399,900 $1,589,000 $2,138,000 $2,280,000
Price Per Sq Ft $1,112 $1,228 $1,130 $1,465 $1,506 $1,545 $1,960 $1,331 $1,330 $1,554 $1,519 $1,350 $1,284 $1,322 $1,366 $1,510 $1,635 $1,598 $1,436 $1,518 $1,650 $1,797
Days on Market 58 2 66 4 11 81 15 50 46 7 11 126 59 4 122 4 3 1 4 88 88 105
Mo st R ecen t H o m es S o l d i n Ma r in as ide
QUAYWEST RESORT
$1.2M AVG. SOLD PRICE $1,379 AVG. PRICE PER SQFT 97% AVG. SP/LP RATIO Reflects data from the REBGV from January 1st, 2018 through December 31st, 2018. Deemed accurate but not guaranteed.
Approx. Square Feet 719 790 885 1,296 1,295 1,274 1,275 540 1,052 965 1,381 702 1,035 1,013 1,340 977 1,161 769 975 1,047 1,296 1,269
© 2019 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.
Status Sold Sold Sold Sold Sold Sold Sold Sold
Development Aquarius Crestmark Crestmark Marinaside Resort Quaywest Resort Quaywest Resort Quaywest Resort Quaywest Resort
Beds 2 2 1 2 2 1 1 3
Baths 2 2 1 2 2 1 1 2
Approx. Square Feet 1,000 1,175 620 1,223 1,068 776 570 1,286
Sold Price Price Per Sq Ft $1,210,000 $1,210 $1,660,000 $1,413 $660,000 $1,065 $1,880,000 $1,537 $1,400,000 $1,311 $778,000 $1,003 $729,000 $1,279 $2,210,000 $1,719
SP/LP 89% 88% 99% 90% 90% 97% 99% 93%
Sold Date 10/25/18 12/05/18 10/27/18 11/28/18 12/12/18 11/26/18 11/22/18 11/01/18
Days on Market 16 63 12 68 26 20 38 10
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®. © 2019 All rights reserved. This representation is based on data reported as of January 18th, 2019 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 covered. 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.