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I have listed a new property at 302 1989 Dunbar ST in Vancouver.
Bright spacious 837 SqFt, 2-bedroom/2-bathroom home at the SONESTA. This southeast corner home features a gas fireplace, well kept laminate flooring, insuite laundry and a great layout to top it all off. Location does not get better than this! Minutes to IGA Supermarket, West 4th shopping and Jericho Beach. A chance to be close to the action while still enjoying the quiet end of Kits! PUBLIC OPEN HOUSE: SUNDAY, APRIL 22ND 2-4PM
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I have sold a property at # 1102 2088 BARCLAY ST in Vancouver.
THE PRESIDIO on Stanley Park, this home boasts breathtaking Water, Mountain & Lagoon views all from a well laid out and beautifully updated '02 plan. This unique architectural landmark building designed by award-winning Richard Henriquez with only 28 units, most 2 per floor. Brand new kitchen features, made in Italy metal backsplash, Miele cooktop/oven/fridge, Fisher Paykel dishwasher, Perlick wine cooler and quartz countertops. Throughout the unit is a mix of lovely ebony walnut engineered hardwood floor and heated tile floors. The list goes on and on!! A must see for the discernest of buyers! Strata plan 1,489 sq ft, Arbutus Design Measurements.
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I was recently researching the global markets and came across an analysis of property prices and how they compare. I’d like to share that information with you.
I’m sure you won’t be surprised that the most expensive real estate is in Monaco at $5,400 per square foot. But how do the other major cities compare? Here’s what I found out:

price per square foot:
LONDON $4,500
HONG KONG $4,400
GENEVA $3,000
PARIS $2,500
SINGAPORE $2,400
MOSCOW $2,200
NEW YORK NY $2,200
SYDNEY $2,100
ROME $1,700

An average 2 bedroom condo has 1,000 square feet, so when you do the math, you can see the reality of how expensive real estate is in these principal cities.
How does Vancouver compare, you may ask? Coal Harbour, our most expensive real estate downtown, recently reached a whopping $1,700 price per square foot mark, which is highest condo price you can find in this city.
However, when you compare it to other principal cities in the world, it’s actually on the lower scale. Plus, you live in a beautiful city with fresh air and clean, drinkable water from the tap! Things that we sometimes take for granted...
Courtesy of the Wealth Report 2012.

Now, to the monthly stats. It’s neither a seller’s nor a buyer’s market; still balanced, read on:

BENCHMARK PRICE- UP
The MLS® HPI benchmark price for all residential properties in Greater Vancouver currently sits at $679,000, up 5.3% compared to March 2011.
(The benchmark prices shown here are based on the average sold listings in all of the Greater Vancouver region. For more accurate pricing per area, please see chart below.)

The benchmark price for detached properties increased 9.2% from March 2011 to $1,056,400.
The benchmark price of an apartment property increased 2.2% from March 2011 to $375,100.
The benchmark price of a townhome unit increased 0.9%from March 2011 to $480,900.

TOTAL LISTINGS: up
At 15,236,, the total number of residential property listings on MLS(R) increased 16% from this time last year.

SALES: down:
Total sales in greater Vancouver reached 2,874 , 8.4% down from March 2011.

NEW LISTINGS: down:
At 5,843, down 14% from Mar 2011.

Courtesy of the REAL ESTATE BOARD OF Greater Vancouver

Questions? Just ask me!
ANA (604) 328-6330
ana@domingos.ca
www.domingos
.

 

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Ana Domingos

Cell: 604-328-6330

Office: 604-629-6100

TRG-The Residential Group Realty

#101 - 1965 West 4th Avenue

Vancouver,BC

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