Winter 2018 Newsletter: Stats + Opens A Beautiful Home Right in Time for the Holidays...OPEN HOUSE: 2103-555 Delestre Av, Coquitlam4-6 pm, Saturday and Sunday, November 24/25NOW LISTED AT: $799,000 (BELOW BC ASSESSMENT VALUE!) 2 Bedrooms + Office (easily converted to 3rd Bedroom), 2 Bathrooms, 1,328 SqFt + 505 SqFt of Patio Space (Two Patios) The Cora Towers, Built in 2008 This home is an incredible value, and it can be all yours for the holidays! Why is this home special? ~One of only four penthouses in the higher of the two Cora Towers; ~Elegant, spacious and bright; ~505 SqFt of patio space; ~Views - West sunset views from the living/dining/kitchen, and North mountain views from the master bedroom; ~Beautiful upgrades throughout the home; ~Patio access from each room; ~Rentals and pets allowed; ~Two large side-by-side parking stalls. To view the floor plan, please see here: FLOOR PLAN. Blanka will be hosting the Open on Saturday, and Emina on Sunday. OPEN HOUSE: 306-570 E 8th Av Mount Pleasant2-3 pm, Sunday, November 25LISTED AT: $529,000 1 Bedrooms, 1 Bathroom, 563 SqFt + 50 SqFt of Patio Space The Carolinas, Built in 1983 The home has been beautifully renovated, and the building is currently going through a comprehensive envelope project, which includes rain-screening and new windows, patio doors, and balconies. Why is this home special? ~Fantastic location on a quiet street in Mount Pleasant; ~The rain-screening project will give this building a brand new look; ~Beautiful renovation with a great attention to every detail; ~Rentals allowed and easy to rent (currently rented short-term); ~Close to public transit; ~Pets allowed; ~One parking stall. To view the floor plan, please see here: FLOOR PLAN. Emina will be hosting the Open House on Sunday. A Beautiful Villa in the Proximity of Lake Maggiore, ItalyLISTED AT: $1,255,000 6 Bedrooms, 5 Bathrooms, House: 3,760 SqFt, Lot: 12,910 SqFt Would you like to add a property in Italy to your real estate portfolio, or ... would you like to move to Italy for a different kind of life? If so, you should consider this home. The spacious villa is located in Besozzo, a small town close to both Lake Maggiore and the city of Varese. The three-level home spreads over more than 3,700 square feet, and features not one, but two open and spacious living rooms, two kitchens, six bedrooms (one of the bedrooms is currently used as an office), five bathrooms, and a number of balconies and patios. Besozzo is a town in northern Italy, Lombardy region, and the province of Varese. The area is known as the Lakes Region, famous for its beautiful lakes – Lake Lugano, Lake Como, Lake Maggiore, only being a few of them. Besozzo is in close proximity of Lake Maggiore, Lake Varese, the city of Como, and an hour drive to Milan. It is also close to the border with Switzerland, France, and Croatia, and some of the most famous skiing destinations, such as Chamonix and Zermatt. As many surrounding villages, it has grown considerably and it still doing so, in part because of families moving from Milan to region of lakes and becoming commuters. Besozzo is also very close to the Ispra site of the European Union’s Joint Research Centre (JRC). Market UpdateWith the year drawing to a close, activity levels both in sales and new listings are diminishing. At this time of the year, both buyers and sellers focus more on the holidays, and what is really happening is that these buyers and sellers are creating a growing surge of pent-up demand. Lower than average sales levels generally create the next wave of activity in the market. With interest rates likely to hold for the remainder of 2018 and the beginning of 2019, opportunity will favour buyers and sellers looking to be active in this changed market. Below is the summary of the November activity as of November 18, 2018: Greater Vancouver –875 Units Sold so far in November 2018 compared to 1,626 Units Sold by November 19, 2017. Total New Listings so far in November are 2,115 compared to 2,550 by the same time last year. Total Active Listings are at 13,287 (9,491 at the same time in November 2017). Sales To Listings Ratio is at 41% compared to 64% at this time in November 2017. Vancouver West - 154 Units Sold so far in November 2018 compared to 297 Units Sold by November 19, 2017. Total New Listings so far in November are 435 compared to 431 by the same time last year. Total Active Listings are at 2,440 (1,648 at the same time in November 2017). Sales To Listings Ratio is at 35% compared to 69% at this time in November 2017. Vancouver East – 98 Units Sold so far in November 2018 compared to 176 Units Sold by November 19, 2017. Total New Listings so far in November are 232 compared to 315 by the same time last year. Total Active Listings are at 1,338 (1,153 at the same time in November 2017). Sales To Listings Ratio is at 42% compared to 56% at this time in November 2017. North Vancouver – 78 Units Sold so far in November 2018 compared to 149 Units Sold by November 19, 2017. Total New Listings so far in November are 180 compared to 239 by the same time last year. Total Active Listings are at 911 (593 at the same time in November 2017). Sales To Listings Ratio is at 43% compared to 62% at this time in November 2017. West Vancouver – 19 Units Sold so far in November 2018 compared to 34 Units Sold by November 19, 2017. Total New Listings so far in November are 87 compared to 103 by the same time last year. Total Active Listings are at 714 (627 at the same time in November 2017). Sales To Listings Ratio is at 22% compared to 33% at this time in November 2017. Burnaby East - 11 Units Sold so far in November 2018 compared to 15 Units Sold by November 19, 2017. Total New Listings so far in November are 17 compared to 32 by the same time last year. Total Active Listings are at 141 (130 at the same time in November 2017). Sales To Listings Ratio is at 65% compared to 47% at this time in November 2017. Burnaby North - 38 Units Sold so far in November 2018 compared to 86 Units Sold by November 19, 2017. Total New Listings so far in November are 109 compared to 121 by the same time last year. Total Active Listings are at 566 (356 at the same time in November 2017). Sales To Listings Ratio is at 35% compared to 71% at this time in November 2017. Burnaby South - 36 Units Sold so far in November 2018 compared to 79 Units Sold by November 19, 2017. Total New Listings so far in November are 108 compared to 151 by the same time last year. Total Active Listings are at 702 (466 at the same time in November 2017). Sales To Listings Ratio is at 33% compared to 52% at this time in November 2017. Coquitlam - 69 Units Sold so far in November 2018 compared to 128 Units Sold by November 19, 2017. Total New Listings so far in November are 142 compared to 193 by the same time last year. Total Active Listings are at 962 (626 at the same time in November 2017). Sales To Listings Ratio is at 49% compared to 66% at this time in November 2017. Port Moody - 15 Units Sold so far in November 2018 compared to 35 Units Sold by November 19, 2017. Total New Listings so far in November are 31 compared to 48 by the same time last year. Total Active Listings are at 220 (155 at the same time in November 2017). Sales To Listings Ratio is at 48% compared to 73% at this time in November 2017. Port Coquitlam - 35 Units Sold so far in November 2018 compared to 55 Units Sold by November 19, 2017. Total New Listings so far in November are 85 compared to 67 by the same time last year. Total Active Listings are at 356 (163 at the same time in November 2017). Sales To Listings Ratio is at 41% compared to 82% at this time in November 2017.
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