RE/MAX Oceanview Realty | 604-885-4313

 
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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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