Richard Bao Main St MR 11x17 june17

3215 Macdonald Street Vancouver, BC V6L 2N2 PH. 778 891 9503 Each office Independently Owned and Operated

ATTENTION POSTMASTER: Time Sensitive Materials

J U N E 2017 REAL ESTATE MARKET REPORT

Richard Bao Personal Real Estate Corporation

R E A LT O R ® 7 78 . 9 9 1 . 8 8 4 8

Richard. Bao@ remax.net

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Adina.Dragasanu@ remax.net

S earch Featured Listings and Rec ent S olds

M A I N S T. L I V I N G

www.MainStLiving.ca

JUST SOLD ON MAIN ST.!

N E G O T I AT E D F O R

$165,000

OVER LIST

IN UNDER

TWO WEEKS! B y R ich ard and Adi n a

P R E P A R E D E S P E C I A L LY F O R

Lisa and Joe Mains

277 E. Main St. | 3 Bedrooms, 2 Bathrooms | 1,982 Est. Square Feet Lisa and Joe, We just negotiated the sale of your neighbour’s home for 111% of their requested price. This property genertated a lot of interest and we still have buyers searching for their perfect Main St. home. If you are thinking of selling, call Richard at 778.991.8848 or Adina at 778.881.7115 to see how we can help you achieve the same exceptional results!

P R E S E N T E D BY

R ich ard B ao + Adina Dragasanu YOUR MAIN ST. REAL ESTATE SPECIALISTS

M A I N S T. L I V I N G

ABOVE THE CROWD. BEYOND THE SALE. Richard Bao Personal Real Estate Corporation

In today’s highly active market, any agent can list your home for sale. But not every agent will go above and beyond to get the top dollar that your home deserves.

®

R E A LT O R 7 78 . 9 9 1 . 8 8 4 8

Richard. Bao@ remax.net

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Our Platinum Marketing Program and team of passionate competition. We work around the clock to showcase your home

Ad i n a D r a g a s a nu R E A LT O R ® 7 78 . 8 8 1 . 7 1 1 5

to the right buyers who are ready to pay premiums for your find out how we can help you capitalize on today’s market.

www.MainStLiving.ca

W hy is S ummer P erfect T ime to L ist Y our H ome ?

T op 5 R easons

f or

L i sting N ow 1

wi th

R ic hard

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A dina

Inventory Decreases in June & July The number of new listings typically decreases in the early Summer following the rush to sell in the Spring. As inventory starts to drop, competition increases as buyers have a smaller selection

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Price Benchmarks are Established The Spring market tradionally sets buyers’ price expectations, so by June home prices have trended towards their peak.

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Lisa and Joe, If you want to know what your home would sell for in today’s market, contact Richard at 778.991.8848 or Adina at 778.881.7115 for your complimentary evaluation of your property.

property. Call us today for a complimentary consultation, and to

Adina.Dragasanu@ remax.net

T he

REAL ESTATE MARKET REPORT

professionals will work hard to set your property above it’s

MAIN ST. HOMES RECENTLY LISTED (27 Total Homes Listed) Status Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active

Nature is in Full Bloom Landscaping thrives in the Spring and early Summer months, setting the perfect stage to feature your home.

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Beds 3 2 4 5 3 5 5 7 4 4 5 5 4 6 4 9

Baths 2 1 3 2 2 3 3 3 4 2 4 3 6 4 2 8

Approx. Sq. Ft.* 2,000 800 2,100 1,800 1,700 1,900 2,600 2,500 2,200 1,800 2,000 2,500 2,900 3,400 2,000 5,400

List Price $1,488,000 $1,488,000 $1,599,000 $1,599,000 $1,799,000 $1,838,800 $1,888,000 $1,898,000 $1,978,000 $1,980,000 $1,988,000 $2,225,000 $2,280,000 $2,350,000 $2,522,000 $5,288,000

List Month May April April April April April April May April May April May May April May May

Days are Longer

MAIN ST. HOMES SOLD IN THE PAST 60 DAYS

Daylight Saving Time offers more time for showings that illuminate your home in a natural daylight, creating greater exposure to more buyers.

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Address E 46th Avenue E 40th Avenue Quebec Street E 26th Avenue E 22nd Avenue Sophia Street Cree Street Quebec Street E 43rd Avenue E 39th Avenue E 45th Avenue E 19th Avenue E 46th Avenue E 28th Avenue E 17th Avenue Ontario Street

Family Decision Time Families take time during the Summer for vacations and celebrations. New statistics show these months have become prime time for family decisions regarding their next move. Listing your home now capitalizes on these new buyers entering the market who are looking to settle before the Fall.

Lisa and Joe, Listing your home in the Summer provides an excellent stage to highlight your home and capture the steady buyer demand. Call us today at 778.991.8848 or 778.881.7115 to discuss how we can help you achieve exceptional results for your Main St. home.

Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address E 26th Avenue E 17th Avenue Walden Street E 38th Avenue E 32nd Avenue Sophia Street E 18th Avenue E 21st Avenue E 37th Avenue Ontario Street E 20th Avenue Quebec Street

Beds 3 7 2 3 2 5 5 9 4 4 6 6

Baths 2 3 1 1 2 3 3 6 2 2 3 2

Approx. Sq. Ft.* 1,600 2,700 800 1,700 1,500 2,500 2,400 3,300 1,600 2,200 2,600 2,300

Sold Month May May April April April April April April March March March March

SP/LP Ratio 94% 105% 120% 114% 101% 98% 108% 98% 100% 107% 95% 96%

DOM 30 11 10 8 21 12 7 10 7 8 50 18

Richard Bao, Adina Dragasanu, and RE/MAX Crest Realty Westside do not imply that this is in any way an official advertisement or publication of RE/MAX. © 2017. All rights reserved. This representation is based on data reported on May 8th, 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, and neither RE/MAX Crest Realty Westside nor REBGV guarantee the accuracy of the 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 correspondence, please contact me by email or telephone. *Square Feet rounded to the nearest 100.

604.938.4434 ©2017