Karen-Carter-Douglas Park - October 2021

CREST REALTY

RE/MAX Crest Realty 1428 W 7th Avenue Vancouver, BC V6H 1C1 Each Office Independently Owned and Operated.

Real Estate Market Report |October 2021

ATTENTION POSTMASTER: Time Sensitive Materials

Douglas Park

Karen Carter REALTOR®

604.837.7325

www.LivingDouglasPark.com

Karen@LivingDouglasPark.com www.LivingDouglasPark.com

6

Published by REAL Marketing (RM) | www.REALMarketing4You.com | 604.841.1739 | ©2021

REASONS TO SELL Y O U R H O U S E T H I S FA L L

RECORD LOW INTEREST RATES Mortgage rates are at record lows. Buying now will give you an opportunity to lock in the lowest rates in history.

M O R E I N T E R E ST E D BUYERS Re-opening the market means buyers who held back in spring are looking now. There's still time to close by year-end.

INCREASED SA L E P R I C E Lower inventory and serious buyers means your home could sell for even more money than before.

Presented by Karen Carter Your Douglas Park Real Estate Specialist

HOMES SELL FA ST E R With fewer homes on the market, yours will stand out more, receive more interested buyers, and sell faster.

N AT U R A L STAG I N G

PA N D E M I C SHAPED MARKET

Decorating with the season’s sights and smells helps buyers visualize themselves living in a cozy and comfortable home.

Staying in and working from home has caused homeowners to rethink and reshape what their living needs are.

JONATHAN AND ANGELA-MARIE,

Are you thinking of selling your house, or buying your next dream home? I would love the opportunity to help you achieve real estate success. Call me today at 604.837.7325.

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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

Connect with me on:

Karen@LivingDouglasPark.com www.LivingDouglasPark.com

Douglas Park Single Family Homes Currently Listed Status

Beds

Total Baths

Finished Sq. Ft.*

Approx. List Price**

List Date

Year Built

Active

5

3

2,500

$2,690,000

09/21/21

1906

Active

6

2

2,300

$2,990,000

09/10/21

1923

Active

5

4

3,000

$3,290,000

03/04/21

1999

Active

6

4

2,600

$3,590,000

07/13/21

1946

Active

5

7

3,700

$3,990,000

09/14/21

2021

Active

5

8

5,000

$4,990,000

09/09/21

2013

Douglas Park Townhomes & Condos Currently Listed

DOUGLAS PARK

Ye a r-To-Date R E A L E STAT E R EV I EW

Status

Type

Beds

Total Baths

Finished Sq. Ft.*

Approx. List Price**

List Date

Year Built

Active

Condo

1

1

700

$630,000

09/20/21

1991

Active

Condo

1

1

800

$690,000

09/13/21

1997

Active

Condo

3

3

1,200

$1,390,000

06/17/21

2017

Active

Condo

3

2

1,100

$1,680,000

09/14/21

2017

Active

Condo

2

2

1,200

$1,800,000

05/10/21

2020

Active

Condo

2

2

1,300

$2,200,000

09/07/21

2020

Douglas Park Single Family Homes Recently Sold

Jonathan and Angela-Marie, Statistics show a decrease in key market indicators; however, the demand for your Douglas Park community remains high with current inventory pointing to a seller’s market. To secure the best price for your home, you need a marketing and negotiation expert who specializes in your Douglas Park community. If you are thinking of selling, contact me today at 604.837.7325.

S I N G L E FA M I LY H O M E S

CURRENT RESIDENTIAL LISTINGS: 6

Status

Street Name

Beds

Total Baths

Finished Sq. Ft.*

Sold Date

Year Built

SP/LP

DOM

Sold

W 17th Avenue

4

4

2,500

09/14/21

2000

116%

12

SOLDS

TOTA L SALES

AV E R A G E S O L D PRICE

AV E R A G E PRICE PER S Q . F T.

AV E R A G E D AY S O N MARKET

AV E R A G E SP/LP

Sold

W 20th Avenue

5

3

2,800

08/12/21

1985

111%

9

Sold

W 22nd Avenue

5

3

2,400

07/05/21

1927

90%

116

2020

8

$3, 185, 503

$1, 105

55

105.6%

Sold

W 18th Avenue

4

5

2,200

06/26/21

2012

94%

15

Sold

W 23rd Avenue

7

3

2,900

06/18/21

1914

100%

49

W 17th Avenue

5

4

2,700

05/25/21

1911

94%

40

2021

3

$2, 766, 333

$1, 090

46

105.8%

Sold Sold

W 24th Avenue

5

6

3,400

05/14/21

2018

100%

66

CHANGE

-62.5%

-13.2%

- 1. 4%

-16.4%

+ 0.2%

Sold

Laurel Street

4

3

2,800

05/10/21

1912

110%

4

Sold

Heather Street

6

3

2,200

04/23/21

1948

99%

4

Sold

W 18th Avenue

3

2

1,700

04/19/21

1927

107%

19

TOWNHOMES & CONDOS

CURRENT CONDO LISTINGS: 6

SOLDS

TOTA L SALES

AV E R A G E S O L D PRICE

AV E R A G E PRICE PER S Q . F T.

AV E R A G E D AY S O N MARKET

AV E R A G E SP/LP

2020

14

$1, 063, 779

$1, 035

24

99.1%

2021

10

$785, 970

$1, 047

12

99.9%

CHANGE

- 2 8. 6%

- 26. 1%

+ 1. 2%

- 50. 0%

+ 0.8%

Let’s Achieve Success Together and Maximize Your Buying Power for Your Next Dream Home!

This statistical analysis represents the average comparisons of 2021 over 2020.

Data based on listings from REBGV from July 1st to September 30th, 2020 and 2021. Information deemed accurate but not guaranteed.

Douglas Park Townhomes & Condos Recently Sold Status

Street Name

Type

Beds

Total Baths

Finished Sq. Ft.*

Sold Date

Year Built

SP/LP

DOM

Sold

Tupper Street

Condo

1

1

600

09/23/21

2006

104%

1

Sold

W 16th Avenue

Condo

1

1

600

08/24/21

1988

102%

7

Sold

Tupper Street

Condo

1

1

600

08/17/21

2006

104%

7

Sold

W 16th Avenue

Condo

1

1

600

08/12/21

2009

96%

9

Sold

W 16th Avenue

Condo

2

2

1,300

08/11/21

1990

100%

7

Sold

W King Edward Avenue

Condo

2

1

700

08/03/21

2019

99%

7

Sold

W King Edward Avenue

Condo

3

2

1,200

08/01/21

2019

97%

25

Sold

Heather Street

Condo

1

1

700

07/27/21

1975

100%

15

Sold

W King Edward Avenue

Condo

1

1

500

07/22/21

2019

95%

28

Sold

W 21st Avenue

Condo

1

1

600

07/08/21

1997

102%

10

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. © 2021 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) as of 09/27/21. 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.