North Shore Real Estate Market Statistics – March 2017

Here are the latest real estate market statistics from Macdonald Realty on North Shore listings and sales in March 2017.

West Vancouver

The West Vancouver market had 60 sales and 405 active listings for detached homes. The benchmark sale price was $2,961,800 with 47 average days on market. Ambleside and British Properties, with 8 sales each, were the neighbourhoods with the most sales activities.

Condo sales were 28 and active listings were 40 at the end of the month. The benchmark sales price was $963,900 with an average days on market of 29. Ambleside had the most sales in March at 10.

In comparison, townhome market had 3 sales and 18 active listings; the average days on market were 23.

It’s a seller’s market for condos and townhomes.

MarketHotSheet_March2017_WestVan

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North Shore Real Estate Market Statistics – February 2017

Here are the latest real estate market statistics from Macdonald Realty on North Shore listings and sales in February 2017.

West Vancouver

The West Vancouver market had 35 sales and 390 active listings for detached homes. The benchmark sale price was $2,936,500 with 51 average days on market. Caulfeild and Dundarave, with 6 sales each, were the neighbourhoods with the most sales activities.

Condo sales were 16 and active listings were 45 at the end of the month. The benchmark sales price was $936,000 with an average days on market of 41. Ambleside had the most sales in February at 6.

In comparison, townhome market had 3 sales and 13 active listings; the average days on market were 12.

It’s a buyer’s market for single family homes.

MarketHotSheet_February2017_WestVan

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Macdonald Realty listings get extra exposure on international website LeadingRE.com

PrintMacdonald Realty offers consumers an easy way to search home listings and identify top real estate firms in markets worldwide through its participation in the new LeadingRE.com.

The site also brings global exposure for our BC real estate listings and provides consumer resources, such as cost of living comparisons, school information, recent home sales and other local resources and statistics. LeadingRE.com can be accessed via macrealty.com by clicking the Global Home Search logo on the homepage.

“LeadingRE.com now provides home buyers and sellers an easy way to identify the top-performing real estate companies in a given market by searching over 400,000 member listings or by using our comprehensive member directory,” notes Leading Real Estate Companies of the World Director of Strategic Development Rhett Damon. “Our network linking strategy connects many of our high-traffic member sites to LeadingRE.com’s national or global search, providing valuable listing exposure to home sellers.”

LeadingRE-homepage-2017

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For more information about Macdonald Realty and our LeadingRE partnership please email macrealty@macrealty.com or call 1-877-278-3888.  Looking to buy or sell, locally or globally?  Allow us to make a quality introduction to be matched with an independent brokerage and REALTOR® working in your area.

North Shore Real Estate Market Statistics – January 2017

Here are the latest real estate market statistics from Macdonald Realty on North Vancouver and West Vancouver listings and sales in January 2017.

West Vancouver

The West Vancouver market had 21 sales and 368 active listings for detached homes. The benchmark sale price was $2,907,100 with 68 average days on market. Lions Bay with 6 sales was the neighbourhood with the most sales activity.

Condo sales were 13 and active listings were 46 at the end of the month. The benchmark sales price was $915,800 with an average days on market of 38. Ambleside had the most sales in January at 4.

In comparison, townhome market had 2 sales and 10 active listings; the average days on market were 11.

It’s a buyer’s market for single family homes.

MarketHotSheet_January2017_WestVan

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Quality | Connections | Independence

PrintMacdonald Realty is a member of Leading Real Estate Companies of the World™, a global community of real estate companies awarded membership based on rigorous standards for service and performance.

This LeadingRE distinction ensures that you can count on a quality real estate experience when working with us and will benefit from our global connections to buyers and high quality real estate professionals around the world.

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North Shore Real Estate Market Statistics – December 2016

Here are the latest real estate market statistics from Macdonald Realty on North Shore listings and sales in November 2016.

West Vancouver

The West Vancouver market had 31 sales and 278 active listings for detached homes. The benchmark sale price was $2,948,200 with 48 average days on market. Ambleside with 7 sales was the neighbourhood with the most sales activity.

Condo sales were 11 and active listings were 48 at the end of the month. The benchmark sales price was $912,700 with an average days on market of 38. Ambleside had the most sales in November at 7.

In comparison, townhome market had 2 sales and 8 active listings; the average days on market were 48.

It’s a buyer’s market for single family homes.

West Vancouver real estate market stats

North Vancouver

In December, the North Vancouver market had 48 sales and 179 active listings for detached homes. The benchmark sale price was $1,578,000 with an average days on market of 41. Lynn Valley with 9 sales had the most sales activity.

There were 73 sales and 89 active listings for condos. The benchmark sale price was $452,600 with 25 average days on market. The neighbourhood of Lower Lonsdale with 34 sales was the hottest sales market.

Townhome sales were 15, active listings were 26, the benchmark sale price was $831,400, and the average days on market were 25. Lower Lonsdale and Hamilton, 3 sales each, had the most sales activity.

It’s a seller’s market for all product types in North Vancouver.

North Vancouver real estate market stats

Looking for more information about the real estate market in specific neighbourhoods in North Shore

Macdonald Realty has offices in North Vancouver and West Vancouver.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

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MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

North Shore Real Estate Market Statistics – November 2016

Here are the latest real estate market statistics from Macdonald Realty on North Shore listings and sales in November 2016.

West Vancouver

The West Vancouver market had 26 sales and 431 active listings for detached homes. The benchmark sale price was $3,016,600 with 56 average days on market. Ambleside with 4 sales was the neighbourhood with the most sales activity.

Condo sales were 13 and active listings were 47 at the end of the month. The benchmark sales price was $892,500 with an average days on market of 25. Ambleside had the most sales in November at 6.

In comparison, townhome market had 4 sales and 8 active listings; the average days on market were 31.

It’s a buyer’s market for single family homes.

MarketHotSheet_November2016_WestVan

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Macdonald Realty participates in REALTORS Care® Blanket Drive

Macdonald Realty is excited to participate in the 22nd REALTORS Care® Blanket Drive campaign. Agents and staffs from our North Vancouver and West Vancouver offices collected new and used coats, blankets and warm clothing at Capilano Mall and Park Royal Mall. The offices then sorted and delivered the donations to charities and organizations in the area.

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Since 1995, REALTORS Care® Blanket Drive has helped more than 290,000 people keeping warm and dry. The campaign for this year is over, but you can still donate the following items to the recipient charities:

  • gently used or new blankets or sleeping bags
  • warm clothing, coats
  • hats, gloves, scarves
  • new socks and underwear

Click here for a list of suggested charities.

Click here for more information about REALTORS Care® Blanket Drive.

North Shore Real Estate Market Statistics – October 2016

Here are the latest real estate market statistics from Macdonald Realty on West and North Vancouver listings and sales in October 2016.

West Vancouver

The West Vancouver market had 24 sales and 469 active listings for detached homes. The benchmark sale price was $3,210,100 with 28 average days on market. British Properties with 8 sales was the neighbourhoods with the most sales activity.

Condo sales were 12 and active listings were 52 at the end of the month. The benchmark sales price was $899,800 with an average days on market of 46. Ambleside had the most sales in October at 5.

In comparison, townhome market had 1 sales and 11 active listings; the average days on market were 24.

It’s a buyer’s market for single family homes and townhomes.

MarketHotSheet_October2016_WestVan

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Our Certified Negotiation Experts in West Vancouver

These REALTORS® from our West Vancouver office have completed extra training in negotiation tactics to become Certified Negotiation Experts, earning the CNE® designation.

Think about it – Savvy negotiation skills help both parties in a real estate transaction. REALTORS® keep deals on track. Macdonald Realty is committed to providing our agents with industry leading negotiation training, thereby putting them in the best position to provide protection for our clients during a negotiation.

West Vancouver CNE

Learn more at macrealty.com   OVER 300 MACDONALD REALTY AGENTS ACHIEVE THE CERTIFIED NEGOTIATION EXPERT DESIGNATION

See more about these amazing real estate professionals by clicking their name to see their profile and contact information:

Steve Berry
David Brock
Paul Browne
Yvonne Brys
Brenda Day
Nancy Donen
Frazer Elliott
Dee Elliott
Jennie Frizzo
Marcela Giuffre
Lucie Ingoldby
Kathryn Lester
Aki Li Foster
Hamed Mahmoudi
Dan Muzzin
Ania Partyka
Therese Reinsch
Shahin Shahmirzadi
Amir Sharif
Douglas Shwery
Julia Stauffer
Steve Taylor
Gita Tehranchi
Barry Thomas
Julie Urquhart
Rosalinda Voth
Susan J. Weeks
Greg Wong
Diana Yu


About Certified Negotiation Expert (CNE®) designation:
Offered by the Real Estate Negotiation Institute (RENI), the CNE® course applies up-to-date research in negotiation dynamics to the real estate sales process.  It provides agents with tangible tools and insights to achieve better outcomes for their clients during negotiations. Canadian Director of the RENI says, “I would like to congratulate Macdonald Realty on being the only brokerage in Canada to have successfully certified over 300 of their real estate professionals in this critical area of expertise.  Their commitment to a higher level of service excellence proves that they are leaders in the real estate industry.”