RE/MAX Westcoast #110-6086 Russ Baker Way Richmond BC V7B 1B4
October 2017
Each office independently owned and operated.
ATTENTION POSTMASTER:Time Sensitive Materials
LONDON LANDING
Real Estate Market Report
604-571-0909 MichaelTanlimco@hotmail.com www.MichaelTanlimco.com Published by REAL Marketing (REM) | www.REALMarketing4You.com | 604.880.5816 | ©2017
Visit www.HomesInSteveston.com for community info and recent sales.
THIS IS WHAT EXCEPTIONAL MARKETING AND NEGOTIATION LOOKS LIKE! SOLD IN JUST 7 DAYS FOR 104% OF ASKING BY MICHAEL AND JANET!
4 BEDROOMS | 4 BATHROOMS | 2,780 EST. SQ. FT | SOLD FOR $4 ,175 ,000 Jonathan and Angela-Marie, Let us achieve the same exceptional results for you as we did for this client. Call us at 604-571-0909 to have your home professionally marketed and featured in our monthly publication.
Prepared Especially for Jonathan and Angela-Marie Williams
MICHAEL & JANET TANLIMCO
Do you know the NEW value of your home?
The Right Agents For Today's Market RE/MAX Lifetime Achievement Award RE/MAX Platinum Club Team Award
604-571-0909
Receive the most accurate assessment of your home’s value, provided to you as a complimentary service by Michael and Janet Tanlimco, your London Landing neighbourhood real estate specialists.
MichaelTanlimco@hotmail.com www.MichaelTanlimco.com
WE HELP SUPPORT! A portion of every transaction goes to the Children's Miracle Network
LONDON LANDING
www.HomesInSteveston.com
Real Estate Market Report
London Landing Homes Currently Listed Status Active Active Active Active Active Active Active Active
Beds 1 1 2 2 2 3 3 2
Total Baths 1 1 3 2 3 3 3 2
Approx. Sq. Ft* 600 600 1,300 1,100 1,200 1,500 1,300 1,100
List Price $446,000 $460,000 $718,800 $772,000 $848,800 $958,800 $988,800 $1,298,000
List Month July July August September July August July September
HOME SALE PRICES HAVE E G A R E AV
$ 1 d 7 e 1 s , a 7 e 53 r c n I LA N LONDON
London Landing Homes Recently Sold Status Sold Sold Sold Sold Sold Sold Sold
Dwelling Type Apartment Apartment Apartment Apartment Apartment Townhouse Townhouse
Beds 2 2 2 2 1 3 2
Total Baths 2 2 2 2 1 3 3
Approx. Sq. Ft* 1,100 1000 1,000 1,500 600 1,200 1,200
Sold Date 09/20/17 06/29/17 06/14/17 06/11/17 06/06/17 09/27/17 08/31/17
SP/LP Ratio 99% 98% 97% 99% 100% 110% 98%
DOM 7 2 15 34 145 13 15
Sold
Townhouse
3
3
2,300
07/31/17
100%
6
Sold Sold Sold Sold
Townhouse Townhouse Townhouse Townhouse
3 2 2 4
3 3 3 3
1,500 1,100 1,300 2,100
07/30/17 07/17/17 05/27/17 04/30/17
100% 102% 100% 100%
47 4 8 0
*Rounded up to the nearest hundred. Due to REBGV regulations, full disclosure of all listings and sold data is only available upon request Michael Tanlimco, Janet Tanlimco, RE/MAX Collection, and RE/MAX Westcoast do not imply that this is in any way an official advertisement or publication of RE/MAX Westcoast. © 2017 All rights reserved. This representation is based on data reported as of October 5th, 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 Westcoast, 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 us by email or telephone. Each office independently owned and operated.
Jonathan and Angela-Marie, This market report was created especially for you. If you are thinking of making a move to your next dream home, contact us today at 604-571-0909 for a free home market analysis.
Ç24.9% over 2016
DING THIRD QUARTER REVIEW
AVERAGE SALE PRICE Low $660,000 Average $860,167 High $1,320,000
6
HOMES SOLD Q3 2017
14.3% OVER Q3 2016
$624
15
101.3% AVG. SOLD PRICE/LIST PRICE RATIO Q3 2017
AVG. PRICE PER SQUARE FOOT Q3 2017
LOW: 4 • HIGH: 47
LOW: 97.7% • HIGH: 109.9%
LOW: $560 • HIGH: $704
6.3% OVER Q3 2016 (1 DAY FASTER)
Ç1.5% OVER Q3 2016 (99.8%)
5.9% OVER Q3 2016 ($663)
AVG. DAYS ON MARKET Q3 2017
Jonathan and Angela-Marie, With positive changes in some market indicators, now is the time to get a great return from your investment! Call us today at 604-571-0909 to find out the TRUE VALUE of your home! Reflects data from the REBGV from July1st through September 30th, for 2016 and 2017.