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New Listing at 3323 Hockaday Place Coquitlam

Welcome to 3323 Hockaday Place...This lovely family home is located in a great neighbourhood on a quiet cul-d-sac.  Elegant living room & dining room which share a 3 way gas fireplace. Perfect for entertaining. Tiled front entry. Lovely solid hickory flooring throughout most of main floor. Great kitchen with wood cabinets & gas stove. Breakfast bar for morning coffee. Cozy family room with gas fireplace & glass sliders that lead out to the back patio & yard. Large laundry room with lots of storage. 3 bedrooms upstairs have new carpeting. Extra large master bedroom suite. Updated ensuite with large shower + claw footed soaker tub+heated floors. Downstairs has a large games/rec room, perfect for your teens. Bedroom downstairs. Bathroom down with large shower. Tons of storage in the 4'10 crawl space. Great fenced backyard for the kids & Fido. Enjoy relaxing on your patio. Easy care tile roof & vinyl siding with brick trim. This home has had many updates through the years & has been cared for by the original owners. A pleasure to show...


New Listing at 413-2478 Shaughnessy Street Port Coquitlam
YOUR  SEARCH IS OVER!!! This TOP floor 1000+ square feet, CORNER unit is what you have been waiting for. Located in a popular area of Port Coquitlam. This fabulous condo has TALL ceilings with LARGE windows to let the natural LIGHT in. Lovely engineered HARDWOOD floors. Great kitchen with STAINLESS STEEL appliances & GRANITE counter tops. Breakfast bar for your morning coffee. Large living room with gas fireplace, perfect for holiday entertaining. Master suite with 2 closets & ensuite. Good size second bedroom. Main bath with 4 pieces. In suite laundry. Storage unit. Covered balcony for year round BBQing. Walk to the coffee shop, grocery store or to Gates Park with your favorite 4 legged friend. Transit is a hop, skip & a jump away. Fabulous restaurants nearby. This home is a pleasure to show.

September 2018 Real Estate Stats

More supply and less demand seen across Metro Vancouver housing market

The supply of homes for sale continued to increase across the Metro Vancouver* housing market in September while home buyer demand remained below typical levels for this time of year.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 1,595 in September 2018, a 43.5 per cent decrease from the 2,821 sales recorded in September 2017, and a 17.3 per cent decrease compared to August 2018 when 1,929 homes sold.

Last month’s sales were 36.1 per cent below the 10-year September sales average.

“Fewer home sales are allowing listings to accumulate and prices to ease across the Metro Vancouver housing market,” Ashley Smith, REBGV president-elect said. “There’s more selection for home buyers to choose from today. Since spring, home listing totals have risen to levels we haven’t seen in our market in four years.”

There were 5,279 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in September 2018. This represents a 1.8 per cent decrease compared to the 5,375 homes listed in September 2017 and a 36 per cent increase compared to August 2018 when 3,881 homes were listed.

The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 13,084, a 38.2 per cent increase compared to September 2017 (9,466) and a 10.7 per cent increase compared to August 2018 (11,824).

For all property types, the sales-to-active listings ratio for September 2018 is 12.2 per cent. By property type, the ratio is 7.8 per cent for detached homes, 14 per cent for townhomes, and 17.6 per cent for condominiums.

Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

“Metro Vancouver’s housing market has changed pace compared to the last few years. Our townhome and apartment markets are sitting in balanced market territory and our detached home market remains in a clear buyers’ market,” Smith said. “It’s important for both home buyers and sellers to work with their Realtor to understand what these trends means to them.”

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,070,600. This represents a 2.2 per cent increase over September 2017 and a 3.1 per cent decrease over the last three months.

Sales of detached properties in September 2018 reached 508, a 40.4 per cent decrease from the 852 detached sales recorded in September 2017. The benchmark price for detached properties is $1,540,900. This represents a 4.5 per cent decrease from September 2017 and a 3.4 per cent decrease over the last three months.

Sales of apartment properties reached 812 in September 2018, a 44 per cent decrease compared to the 1,451 sales in September 2017. The benchmark price of an apartment property is $687,300. This represents a 7.4 per cent increase from September 2017 and a 3.1 per cent decrease over the last three months.

Attached property sales in September 2018 totalled 275, a 46.9 per cent decrease compared to the 518 sales in September 2017. The benchmark price of an attached unit is $837,600. This represents a 6.4 per cent increase from September 2017 and a two per cent decrease over the last three months.

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.