by Alyssa | Feb 7, 2019 | Market Insights
Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in January 2019.
Squamish
In January 2019, there were 8 sales of detached homes and 102 active listings in Squamish. The benchmark sale price was $982,700 with an average days on market of 78.
The condo market had 8 sales and 53 active listings at the end of the month. The benchmark sale price was $468,200 with an average days on market of 67.
Townhome sales were 7 sales, active listings were 40. The benchmark sale price was $661,600 and the average days on market were 77.
It’s a buyer’s market for homes and condos.
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by Alyssa | Feb 7, 2019 | Market Insights
Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in January 2019.
Vancouver-West
In the Vancouver Westside, there were 36 sales of detached homes and 704 active listings at the end of the month. The benchmark sale price was $3,049,700 with average days on market of 69. The hottest markets for sales was Dunbar with 9 sales.
In comparison, the condo market had 133 sales, 1,194 active listings and a benchmark sale price of $783,400 with an average of 42 days on market. The hottest market for sales was Downtown VW, 34 sales.
Townhome sales were 15, active listings were 178. The benchmark sale price was $1,216,600 with an average days on market of 70. Fairview VW with 4 sales was the hottest market of the month.
It’s a buyer’s market in Vancouver West.
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by Alyssa | Feb 6, 2019 | Company Announcements, Newsroom
VANCOUVER, B.C. – (February 6, 2019) –Macdonald Real Estate Group, parent company of Macdonald Realty, Macdonald Commercial, Macdonald Property Management, and Platinum Project Marketing has appointed Dan Scarrow as President, replacing Lynn Hsu, who will remain as Chairwoman and CEO.
“Dan has demonstrated strong leadership and business acumen, both in our operations in Canada and our successful office in Shanghai, China,” said Lynn Hsu, CEO. “Many of Dan’s strategic decisions over the past 10 years have been instrumental in getting us to where we are today.”
“I’m excited to continue working with our talented group of managers, staff, and agents in what is our 75th anniversary,” said Scarrow. “I will be working hard to help us maintain our status as British Columbia’s premier real estate brokerage and consultancy firm.”
Since joining the company in 2006, Dan has held several roles, first as a successful residential agent, selling over $50 million in his first year in sales, and then moving to commercial and earning an Award of Excellence or Sales Achievement Award in each of the following 4 years. In 2010, Dan moved to the management side as VP Operations, helping the company expand during that period. Most recently, from 2014 – 2018, he moved to Shanghai, China, opening and running Macdonald’s office there (branded the Canadian Real Estate Investment Centre).
Dan has a Bachelor of Commerce (Honours) degree from Queen’s University and is fluent in Chinese (Mandarin).
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by Alyssa | Feb 5, 2019 | Market Insights
Here are the latest real estate market statistics from Macdonald Realty on North Delta, Surrey, White Rock, Langley, and Fraser Valley listings and sales in January 2019.
North Delta
In the North Delta market, the benchmark sale price was $879,600 for detached homes. At the end of the month, there were 139 active listings and 22 sales.
The condo market had 5 sales and 33 active listings. The benchmark sale price was $391,000.
Townhomes featured 4 sales, 22 active listings and a $587,800 benchmark sale price.
It’s a buyer’s market for homes and condos.
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by Alyssa | Feb 5, 2019 | Market Insights
Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in January 2019.
Central Okanagan: Kelowna and Lake Country
There were 80 sales, 807 active listings, and a $688,886 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 60 sales and 478 active listings at the end of the month. The average sale price was $336,258.
Townhome sales were 33, active listings were 335 and the average sale price was $489,037.
It’s a buyer’s market in Central Okanagan.
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