Michael & Janet Tanlimco - London Landing - Oct 2017

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.