Michael & Janet tanlimco london landing nl jul17 final

RE/MAX Westcoast #110-6086 Russ Baker Way Richmond BC V7B 1B4

July 2017

Each office independently owned and operated.

ATTENTION POSTMASTER:Time Sensitive Materials

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.

HOME SALE PRICES ARE UP AN AVERAGE OF

$515,215 FOR 2017!

LONDON LANDING 2ND QUARTER REVIEW

4

Statistics show that London Landing has seen increases in key market indicators over 2016, but what does this mean for you as a homeowner? If you’ve considered selling, now is the time to get a great return from your investment! Call us today at 604-571-0909 to find out how we will help you maximize your home’s selling potential!

$349,900

LOW

AVERAGE HIGH

LOW

$565,535

AVERAGE

$1,320,000

2016 Second Quarter Sold Home Prices

HIGH

HOMES SOLD 2ND QUARTER 2017

76.5% OVER 2016

$685,000 $1,080,750 $1,460,000

2017 Second Quarter Sold Home Prices

12

99.7%

$705

AVERAGE DAYS ON MARKET IN Q2 2017

AVERAGE SOLD PRICE/ LIST PRICE RATIO IN Q2 2017

AVERAGE PRICE PER SQUARE FOOT IN Q2 2017

LOW: 0 • HIGH: 34

LOW: 99.1% • HIGH: 100.1%

LOW: $549 • HIGH: $993

7.7% VS. Q2 2016 (1 DAY FASTER)

 0.7% VS. Q2 2016 (100.4%)

Ç14.4% VS. Q2 2016 ($616)

Reflects data from the REBGV from April 1st through June 30th, for 2016 and 2017.

LONDON LANDING

Real Estate Market Report

A FEW KIND WORDS

MICHAEL & JANET TANLIMCO The Right Agents For Today's Market RE/MAX Lifetime Achievement Award RE/MAX Platinum Club Team Award

604-571-0909

"We have dealt with several Realtors over the years and have found Michael Tanlimco to be the most professional we’ve dealt with. He’s extremely considerate and he always went out of his way to ensure that

MichaelTanlimco@hotmail.com www.MichaelTanlimco.com

WE HELP SUPPORT! A portion of every transaction goes to the Children's Miracle Network

LONDON LANDING

we were happy. His honesty was the quality we admired the most. Doing business with Michael was a very satisfying experience for us and we would deal with him again."

— R. & N. Desormeau

Real Estate Market Report

TAKE ADVANTAGE OF A

SELLER'S MARKET

Average Sold Price/List Price Ratio is 100% and the Average Days on Market is 14 Days for Homes Recently Sold in London Landing.

3 AVAILABLE

ACTIVE HOMES

FEATURED LISTINGS IN LONDON LANDING

BY RE/MAX WESTCOAST Let us achieve the same exceptional results for you as was done for these clients. Call us at 604-571-0909 to have your home professionally marketed and featured in our monthly publication.

London Landing Homes Currently Listed Status Active

Beds 2

Total Baths 3

Approx. Sq. Ft* 1,100

List Price $699,900

List Month July

Active

2

2

1,200

$718,000

May

Active

3

3

1,500

$848,800

June

SOLD for 100% of Asking Price in 8 Days!

SOLD for 100% of Asking Price in 1 Day!

London Landing Homes Recently Sold Status Sold

Dwelling Type Apartment

Beds 2

Total Baths 2

Approx. Sq. Ft* 1,000

Sold Date 06/14/17

SP/LP Ratio 97%

DOM 15

Apartment

2

2

1,500

06/11/17

99%

34

Sold

Apartment

2

2

1,500

03/22/17

100%

21

Sold

Townhouse

2

3

1,300

05/27/17

100%

8

Sold

Townhouse

4

3

2,100

04/30/17

100%

0

Sold

Townhouse

2

3

1,200

04/11/17

99%

6

Sold

Townhouse

3

3

1,400

03/28/17

102%

6

Sold

Townhouse

3

3

1,100

03/19/17

100%

22

Sold

4 6451 Princess Lane 2 Beds, 2.1 Baths | 1,324 Estimated Sq. Ft. Offered at $868,800 SOLD for 99% of Asking Price in 6 Days!

14 13400 Princess Street 4 Bed, 2.1 Baths | 2,111 Estimated Sq. Ft. Offered at $1,308,800 SOLD for 102% of Asking Price in 6 Days!

*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 July 7th, 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.

Your London Landing community has no active homes on the market. The demand for your community is high – homes recently sold were on the market for an average of 14 days. If you are thinking of making a move to your next dream home, contact us today for a free market analysis of your home.

9 6300 London Road 2 Beds, 2.1 Baths | 1,248 Estimated Sq. Ft. Offered at $689,000

9 6333 Princess Lane 3 Beds, 2.1 Baths | 1,439 Estimated Sq. Ft. Offered at $939,000