RE/MAX Oceanview Realty        5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  JAN. 21 – 27, 2014  

We’re aware of the conventional approach to choosing your listing agent – get 3 opinions and pick the best price. But really, is that wise? You’re about to trust an agent with the sale of your home based on what - the price they quote? Think about it. If an agent knows you’re basing your choice on price, they may just give you a high, but unrealistic price just to secure the listing. There is a better way. Ask to see their marketing plan. Are they skilled negotiators? How about the office – is it successful? Would you rely on their advice in the middle of a negotiation involving 100’s of 1,000’s of dollars? These are much more appropriate criteria upon which to base such an important decision.

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

 SALES THIS WEEK: 14 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   33                     PRICE REDUCTIONS

CURRENT LISTINGS:   1013

DET’D  SALES to LIST  RATIO*:  6%

                                     6%                   15%                  22%

*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.

RE/MAX Oceanview Realty        5686 Cowrie St.

Kiosk, Trail Bay Mall

Weekly REPORT  JAN. 14 – 20, 2014  

The real estate market on the Coast has proven difficult to quantify. There have been ups and downs, but no solid trends.  Even the Vancouver market isn’t the indicator that it once was. Their steady gains in sales and prices have not manifest on the Coast. However, there is one statistic that has closely followed our market in last 3 or 4 years: the Consumer Confidence Index. For example, the Index dipped at the start of 2013 – exactly when our market struggled - then rose through to December, as did real estate sales, where it hit 84, the highest value since 2010.  We’re optimistic that Consumer Confidence will continue to grow and that this will mean a busier real estate market on the Coast in 2014.

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

 SALES THIS WEEK: 7 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   43                     PRICE REDUCTIONS

CURRENT LISTINGS:   1,000

DET’D  SALES to LIST  RATIO*:  5%

                               5%                        15%                  22%

*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.

RE/MAX Oceanview Realty        5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  JAN. 7 – 13, 2014  

2013 was another up and down year for the Coast. The first ¼ results were disappointing, as we fell 18% behind 2012 figures. But moving into Summer we noticed some improvement and by year’s end the numbers of sales were almost back to par. Of course, fewer overall sales meant continued down-ward pressure on prices. We will soon see whether this trend continues into 2014. There was one familiar constant in 2013: the performance of RE/MAX Oceanview Realty. We finished the year again as to top selling office on the Coast. That’s 18 years in a row. Our goal is to do it again in 2014!

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

 SALES THIS WEEK: 14 [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK:   30                     PRICE REDUCTIONS

CURRENT LISTINGS:   982

DET’D  SALES to LIST  RATIO*:  7%

                                     7%                   15%                  22%

*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.