Steve Baldwin

REALTOR®

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Cell: 604.317.7810 |

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New property listed at 106 2101 MCMULLEN AVE in Vancouver.
ARBUTUS VILLAGE. A tranquil ground floor garden oasis with 2 bedrooms, 2 baths and over 1165 sq ft with room for house sized furniture. Great amenities including an indoor and an outdoor pool. Trafalgar Elementary close by, walking distanceto Prince of Wales High Schooland local shopping and transit only steps away. 2 Parking stalls and secure storage locker. Sorry no pets or rentals. Open House Sun Nov. 18 2pm-4pm
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New property listed at 409 1808 1ST AVE W in Vancouver.
Strikingly modern, one bedroom plus den & solarium at Kitsilano's exclusive CONCRETE residences, FIRST on FIRST. This southeast corner suite is 775 sq. ft. & has hardwood floors, Italian Dada cabinetry, stainless steel appliances: Bosch gasstove & dishwasher, Fisher & Paykel Fridge, polished stone counter tops, spa-like bathroom, In-floor electric radiant heat in solarium, one secured PARKING, storage LOCKER. One minute to downtown, steps to Kits beach, excellent restaurants, shopping and esthetic services. PETS AND RENTALS OK.
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New property listed at 213 2101 MCMULLEN AVE in Vancouver.
South-east corner 2 bdrm, 2 bath suite with open deck. Tastefully updated with new kitchen & baths. Spacious rooms perfect for larger furniture. Peaceful location just steps to shops & transit. Close to Trafalger Elementary and walking distance to Prince of Wales High School. Great recreation facilities including indoor & outdoor pools. 2 parking stalls & storage locker. Sorry no pets or rentals. Open House Sunday Nov.18 2-4pm
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New property listed at 4190 Fonteyn Way in North Vancouver.
histler style living, without the drive! This very special, custom built, 3,900 foot, 6 bedroom timber frame home is located within 5 minutes of Grouse Mountain and Edgemont Village. Situated in a private setting this cul-de-sac location borders on a greenbelt above Capilano Canyon. The home is constructed to exacting standards, using only the highest quality materials and workmanship. The Great Room features a 28' high vaulted ceiling with 12" dimension timber frame cedar beams. The main floor is an open plan, ideal for comfortable entertaining and family living. The floors are made of custom milled, wide plank, Babinga Rosewood. All doors and trim are solid wood. The Great Room features a window wall of retractable doors that opens to a large, all season patio and private rear yard. The lower level has a 2 bedroom nanny suite with full kitchen and separate laundry. Yours to discover!

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Housing market sees slight changes in October

Vancouver, B.C. – November 2, 2012

 
The Greater Vancouver housing market saw a slight increase in the number of home sales, a slight reduction in the number of listings, and a slight decrease in home prices in October compared to the summer months. With those changes, the sales-to-active-listings ratio increased to 11 per cent in October from 8 per cent in September.
 
The Real Estate Board of Greater Vancouver (REBGV) reported 1,931 residential property sales

of detached, attached and apartment properties on the region’s Multiple Listing Service®

(MLS®) in October, a 16.7 per cent decline compared to the 2,317 sales in October 2011 and a

27.4 per cent increase compared to the 1,516 home sales in September 2012.

October sales were 28.5 per cent below the 10-year October sales average of 2,700.

“Buyer demand increased slightly in October compared to the previous few months,” Sandra

Wyant, REBGV president-elect said. “Overall conditions in today’s market remain in favour of

buyers, with low interest rates, more choice, and less time pressure in terms of decision-making.

This translates into a calmer atmosphere for those looking to buy a home and it places more onus

on sellers to ensure their homes are priced to compete in today’s marketplace.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 4,323

in October. This represents a 1.2 per cent decline compared to October 2011 when 4,374

properties were listed for sale on the MLS® and an 18.8 per cent decline compared to the 5,321

new listings in September 2012.

 
At 17,370, the total number of residential property listings on the MLS® increased 12 per cent

from this time last year and declined 5.3 per cent compared to September 2012.

Since reaching a peak of $625,100 in May, the MLS Home Price Index® (MLS HPI®)

composite benchmark price for all residential properties in Greater Vancouver declined 3.4 per

cent to $603,800 in October. This represents a 0.8 per cent decline compared to last year.

“There’ve been modest price changes since they peaked in the spring. The largest reductions

have occurred in the areas and property types that experienced the biggest price increases over

the last few years,” Wyant said.

Since hitting a record high in April, the benchmark price of a detached home on the Westside of

Vancouver has declined 8.6 per cent while detached homes in Richmond and West Vancouver

have seen declines of 6 per cent over the same time period.

 

Sales of detached properties in Greater Vancouver reached 790 in October, a decrease of 18.9

per cent from the 974 detached sales recorded in October 2011, and a 19.1 per cent decrease

from the 976 units sold in October 2010. Since reaching a peak in May, the benchmark price for

a detached property in Greater Vancouver has declined 4.1 per cent to $927,500.

 
Sales of apartment properties reached 803 in October 2012, a 16.2 per cent decrease compared to

the 958 sales in October 2011, and a decrease of 18.4 per cent compared to the 984 sales in

October 2010. Since reaching a peak in May, the benchmark price for an apartment property in

Greater Vancouver has declined 2.9 per cent to $368,800.

 
Attached property sales in October 2012 totalled 338, an 11.5 per cent decrease compared to the

382 sales in October 2011, and a 10.3 per cent decrease from the 377 attached properties sold in

October 2010. Since reaching a peak in April, the benchmark price for an attached property in

Greater Vancouver has declined 2.9 per cent to $457,700.

 

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