RE/MAX Oceanview Realty | 604-885-4313

WEEKLY REPORT, FEB 18 - 24, 2014

RE/MAX Oceanview Realty        5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  Feb 18 - 24, 2014  

We are fast approaching Spring, the time when many people think about selling. However, decreasing prices have been in the news - is it the right time to sell? In a word, yes! Remember, prices increased 100% in the 5 years leading up to 2009. Even though they’ve subsequently come down, they are still significantly higher than before the peak. From that standpoint alone it is a good time to sell! The other thing to remember is real estate dollars equal real estate dollars. By that we mean, if you’re selling and buying in the same market you can make up on your purchase what you lost on your sale. The first step is always a market evaluation. Call me today!

 ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK:  16 [SUNSHINE  COAST, ALL OFFICES]

DETACHED

ATTACHED

LAND

OTHER

11

2

3

0

PRICE RANGE

0 - 300K

$300K - $500K

$500K - $1M

$1M+

6

9

1

0

AREA

PENDER H.

HALFMOON B

SECHELT

ROBERTS C

GIBSONS

2

1

7

2

4

 NEW LISTINGS THIS WEEK:   39                     PRICE REDUCTIONS

DETACHED

ATTACHED

LAND

 

        

28

5

6

 

 

CURRENT LISTINGS:   

DETACHED

ATTACHED

LAND

LOW – HIGH

599

150

343

745   -   1390

 

DET’D  SALES to LIST  RATIO*: 4 %

                             4%                          15%                  22%

SALES TO

LISTINGS

RATIO

  

    

       

  BUYERS

  MARKET

 

 BALANCED

                          

        SELLERS 

        MARKET

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

 

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.