CREST REALTY
ATTENTION POSTMASTER: Time Sensitive Materials
RE/MAX Crest Realty 1428 W 7th Avenue Vancouver, BC V6H 1C1 Each Office Independently Owned and Operated.
Karen Carter REALTOR®
604.837.7325
Real Estate Market Report | June 2020
Douglas Park www.LivingDouglasPark.com
Karen@LivingDouglasPark.com www.LivingDouglasPark.com
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 604.841.1739 | ©2020
Visit www.LivingDouglasPark.com for current market activity, community information, and more.
NOW IS THE TIME TO GET YOUR HOME READY TO SELL! Presented by Karen Carter MARKET FACTORS
ALWAYS ESSENTIAL
Prior to COVID-19, the housing market showed signs of a hot spring season. The pre-pandemic market strength gives many experts hope that losses are temporary.
What separates the stability of the housing market from other economic indicators like the stock market? It comes down to need. People will always need a place to live.
The comeback is expected to be quick. With historically low interest rates, home buyers, and investors will start buying at the first signs of normality. This will only delay spring purchasing, setting the stage for a frenzy by July.
After regulations lift, there will certainly be hesitant buyers, but there will also be those patiently waiting to enter the market and take advantage of low interest rates. Life itself is not paused, and large life events haven’t stopped.
Jonathan and Angela-Marie, Timing is critical to take advantage of the coming market. Waiting until summer will be too late it’s important to stand out. Call me to help get your home ready; it’s what I do best! 604.837.7325
Your Douglas Park Real Estate Specialist
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IT IS YOUR RESPONSILIBITY TO CAREFULLY PROOF THIS JOB. Your job will not be sent to the printer if a signed copy is not returned.
Signature: _____________________________
Prepared Especially for Jonathan and Angela-Marie Williamson
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AG E N T C A R T E R
Thinking Vancouver Real Estate? Think Agent Carter!
Douglas Park | Market Report
Karen Carter
CREST REALTY
REALTOR®
604.837.7325
Dear Jonathan and Angela-Marie, If you want to know what your home would sell for in today’s market, contact me at 604.837.7325 for your free report.
Connect with me on:
Karen@LivingDouglasPark.com www.LivingDouglasPark.com
Douglas Park Single Family Homes Currently Listed
Douglas Park Current Market Activity |
Active
Sold
Status
Beds
Total Baths
Finished Sq. Ft.*
Approx. List Price**
List Date
Year Built
Active
5
3
2,400
$2,090,000
12/10/19
1968
Active
6
3
3,000
$3,150,000
04/29/19
1942
Active
5
5
2,800
$3,500,000
01/02/20
2019
Active
4
3
2,400
$3,980,000
04/01/19
1943
Active
5
6
3,600
$4,980,000
03/13/20
2015
Active
5
5
2,700
$5,500,000
03/26/19
1939
Active
2
2
2,100
$5,500,000
03/26/19
1941
Douglas Park Townhomes & Condos Currently Listed Status
Type
Beds
Total Baths
Finished Sq. Ft.*
Approx. List Price**
List Date
Year Built
Active
Condo
1
1
600
$470,000
03/13/20
1987
Active
Condo
1
1
700
$550,000
05/06/20
1974
Active
Condo
1
1
700
$670,000
04/27/20
2004
Active
Condo
1
1
600
$680,000
05/05/20
2016
Active
Condo
2
2
900
$810,000
04/24/20
1990
Active
Condo
2
1
800
$820,000
01/13/20
2019
Active
Condo
2
2
900
$1,000,000
04/26/20
2006
Active
Condo
3
2
1,100
$1,720,000
12/03/19
2017
Active
Condo
3
2
1,100
$1,790,000
12/03/19
2017
Active
Condo
2
2
1,200
$1,890,000
02/21/20
2020
Douglas Park Single Family Homes Sold in the Last 90 Days Status
Street Name
Beds
Total Baths
Finished Sq. Ft.*
Sold Date
Year Built
SP/LP
DOM
Sold
W 23rd Avenue
6
4
2,800
04/11/20
1955
95%
67
Sold
Ash Street
5
3
2,500
03/18/20
1925
99%
12
Sold
Willow Street
3
4
2,500
02/24/20
1911
100%
3
Douglas Park Townhomes & Condos Sold in the Last 90 Days Status A visual representation of the MLS data on the right page.
© 2020 Google
TOWNHOMES & CONDOS Average Active List Price Average Sold Price Average SP/LP Ratio Average Days on Market
SINGLE FAMILY HOMES
$1,040,000 $879,583
Average Active List Price Total Sold Price
$4,100,000 $2,766,667
98%
Total Sold Price/SqFt
98%
31
Total Days on Market
27
Street Name
Type
Beds
Total Baths
Finished Sq. Ft.*
Sold Date
Year Built
SP/LP
DOM
Sold
Tupper Street #225
Condo
1
1
600
05/04/20
2006
104%
7
Sold
W 22nd Avenue #104
Condo
2
2
1,000
04/03/20
2004
98%
182
Sold
W King Edward Avenue #307
Condo
2
2
1,000
03/11/20
2020
93%
30
Sold
W 22nd Avenue #103
Condo
2
2
1,000
03/08/20
2004
98%
4
Sold
W 16th Avenue #605
Condo
2
1
1,100
03/07/20
1994
99%
26
Sold
Cambie Street #901
Condo
3
2
1,200
02/28/20
2017
88%
53
Sold
Heather Street #106
Condo
1
1
600
02/19/20
1998
108%
12
Sold
Heather Street #212
Condo
1
1
700
02/12/20
1975
101%
12
Sold
W 16th Avenue #505
Condo
2
1
1,100
02/11/20
1994
102%
6
Sold
Cambie Street #606
Condo
2
2
900
02/10/20
2017
95%
20
Sold
W King Edward Avenue
Townhome
3
3
1,100
04/27/20
2019
100%
4
Sold
W 16th Avenue #3
Townhome
2
2
1,200
03/30/20
1989
95%
21
Due to REBGV regulations, full disclosure of all listings and sold data is only available upon request. *Rounded to the nearest hundred. **Rounded up to the nearest ten thousand. Karen Carter and RE/MAX Crest Realty are not in any way affiliated with Douglas Park Owners Association, nor is this in any way an official advertisement or publication of Douglas Park. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Real Estate Board of Greater Vancouver (REBGV) between 02/08/20 and 05/08/20. Listings and sales may not be those of RE/MAX Crest Realty. The REBGV does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. Each office independently owned and operated.