Industry Archives - macdonald realty
 
Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – December 2020

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – December 2020

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in December 2020.
Find all the infographics related to the May Market Statistics by visiting the Facebook Album.

Whistler 

In December 2020, there were 10 sales of detached homes and 73 active listings. The benchmark sale price was $1,702,300.
The condo market had 27 sales and 105 active listings at the end of the month.  The benchmark sale price was $487,600.
The townhome market had 26 sales and, the active listings were 21. The benchmark sale price was $1,029,900.
It’s a Seller’s market for Condos and Townhomes in Whistler.

 

Sunshine Coast

In December 2020, there were 63 sales of detached homes and 134 active listings. The benchmark sale price was $702,500.
The condo market had 8 sales and 31 active listings at the end of the month.
The townhome market had 8 sales and, the active listings were 34.
It’s a Seller’s market for Homes and Condos on Sunshine Coast.

 

Squamish

In December 2020, there were 28 sales of detached homes and 38 active listings. The benchmark sale price was $1,020,400.
The condo market had 25 sales and 40 active listings at the end of the month.
The townhome market had 17 sales and, the active listings were 8.
It’s a Seller’s in Squamish.

 


Looking for more information about the real estate market in specific neighbourhoods in Squamish, Whistler, and Sunshine Coast? 
Macdonald Realty has offices in Squamish, Whistler, and Sunshine Coast.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

Greater Vancouver Real Estate Market Statistics – December 2020

Greater Vancouver Real Estate Market Statistics – December 2020

Here are the latest real estate market statistics from Macdonald Realty on the Greater Vancouver listings and sales in December 2020.
Find all the infographics by visiting the Facebook Album.

According to The Real Estate Board of Greater Vancouver (REBGV) “Strong December activity brought Metro Vancouver’s* 2020 home sales total in line with the region’s long-term annual average.”

The Board reports that residential home sales in the region totalled 30,944 in 2020, a 22.1% increase from the 25,351 sales recorded in 2019, and a 25.7% increase from the 24,619 homes sold in 2018. Last year’s sales total was 2.8% below the 10-year sales average.

“When the pandemic began in March, the housing market came to a near standstill. We knew, however, that shelter needs don’t go away in times of crisis, they intensify,” Colette Gerber, REBGV Chair said. “The real estate community worked closely with our regulatory bodies and public health officials in the spring to ensure appropriate precautions and protocols were implemented so BC REALTORS® could help residents safely meet their housing needs.”

Colette also has mentioned the COVID-19 season and low-interest rates:

“After adapting to the COVID-19 environment, local home buyer demand and seller supply returned at a steady pace throughout the summer, fall and winter seasons,” Gerber said. “Shifting housing needs and low interest rates were key drivers of this activity in 2020. Looking ahead, the supply of homes for sale will be a critical factor in determining home price trends in 2021.”

Bowen Island

Burnaby East

Burnaby North

Burnaby South

Ladner

Maple Ridge

New Westminster

North Vancouver

Pitt Meadows

Coquitlam

Port Coquitlam

Port Moody

Richmond

Tsawwassen

Vancouver East

Vancouver West

West Vancouver

Looking for more information about the real estate market in specific neighbourhoods in the Greater Vancouver?
Macdonald Realty has offices across the Greater Vancouver.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

Okanagan Real Estate Market Statistics – December 2020

Okanagan Real Estate Market Statistics – December 2020

Here are the latest real estate market statistics from Macdonald Realty on Okanagan listings and sales in December 2020.
Find the infographics by visiting the Facebook Album.

Central Okanagan: Kelowna and Lake Country

There were 193 sales, 410 active listings, and an $854,387 average sale price for detached homes in the Central Okanagan market, including Kelowna and Lake Country.
The condo market featured 102 sales and 367 active listings at the end of the month. The average sale price was $406,994.
Townhome sales were 98, active listings were 170 and the average sale price was $560,782.
It’s a seller’s market in Central Okanagan.

North Okanagan: Vernon and surrounding area

In North Okanagan, including Vernon and the surrounding area and the average sale price was $651,430. At the end of the month, there were 85 sales and 165 active listings.
There were 16 sales and 78 active listings for condos. The average sale price was $285,768.
In comparison, townhomes featured 32 sales, 49 active listings and a $371,186 average sale price.
It’s a seller’s market for Homes and Townhomes in North Okanagan.

Looking for more information about the real estate market in specific neighbourhoods in Okanagan? 

Macdonald Realty has offices in Kelowna and across BC. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.
This blog post is based on market data provided by Okanagan Mainline Real Estate Board (OMREB) www.omreb.com.

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – December 2020

Abbotsford, Mission, Surrey and Fraser Valley Real Estate Market Statistics – December 2020

According to the Fraser Valley Real Estate Board record‐shattering December caps an unexpected year in Fraser Valley real estate.

As released by the FVREB this January “in a year when the real estate market was at a standstill for months due to COVID‐19, total annual sales in the Fraser Valley still finished 12.4% above the 10‐year average due to unrelenting, pent‐up consumer demand during the second half of 2020.  In December, the Board’s Multiple Listing Service® (MLS®) processed a staggering 2,086 sales, the strongest December on record and 81.2% above normal for the month. New listings in December, were the second-highest on record at 1,502. By month’s end, active inventory finished below typical levels, at 3,949 units.

Fraser Valley Real Estate Board reported the total sales volume for the year in Fraser Valley was 19,926; an increase of 28.7% compared to 2019’s 15,487 sales and placing it fourth-highest for annual sales since 2011.

Chris Shields, President of the Board, observes, “The pandemic upended everything in 2020 and how the real estate market responded to it was nothing short of remarkable. No one could have anticipated a six‐month stretch like we’ve just experienced. Typical seasonal cycles did not apply, how we conduct business had to change to keep the public safe; and most unexpected, has been the unwavering demand for family‐sized homes in our region and so far, there is no sign of it slowing down.”

Find all the infographics related to the May Market Statistics by visiting the Facebook Album.

Abbotsford

Cloverdale

Langley

Mission

North Delta

North Surrey

Surrey Central

White Rock / South Surrey

 

Looking for more information about the real estate market in specific neighbourhoods in Surrey, Langley and Fraser Valley

Macdonald Realty has offices in North Delta, White Rock/South Surrey, and Langley.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Fraser Valley Real Estate Board (FVREB) www.fvreb.bc.ca

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – December 2020

Greater Victoria, Parksville and Nanaimo Real Estate Market Statistics – December 2020

Here are the latest real estate market statistics from Macdonald Realty on Greater Victoria, Parksville/Qualicum, and Nanaimo listings and sales in December 2020.
Find all the infographics related to the February Market Statistics by visiting the Facebook Album.

Greater Victoria

According to the Victoria Real Estate Board “A total of 631 properties sold in the Victoria Real Estate Board region this December, 57% more than the 402 properties sold in December 2019 and a 20.6% decrease from November 2020. Sales of condominiums were up 61.2% from December 2019 with 195 units sold. Sales of single-family homes increased 58.6% from December 2019 with 314 sold.”

“This has been an unexpected year on many levels,” says 2020 Victoria Real Estate Board President Sandi-Jo Ayers. “The onset of the COVID-19 pandemic in March and April quickly swept away any illusions that our normal seasonal market patterns would persist. Equally surprising was the resurgence of our market in early summer when restrictions lightened and pent-up demand began pushing sales beyond expectations. The combination of the ongoing pandemic, historically low interest rates and a shift in consumer priorities towards properties that cater to a more home-based work / life / retirement balance resulted in record setting sales for the last several months of 2020.”


Nanaimo

Parksville / Qualicum


Looking for more information about the real estate market in specific neighbourhoods in Victoria, Parksville, Nanaimo, Vancouver Island and the Gulf Islands? 

Macdonald Realty has offices in downtown Victoria, Sidney, Parksville and Salt Spring Island. Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price

Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Victoria Real Estate Board (VREB) www.vreb.org and the Vancouver Island Real Estate Board (VIREB) www.vireb.com. Market data from the VIREB includes listings and sales in Campbell River, Comox Valley, Cowichan Valley Nanaimo, Parksville/Qualicum, Port Alberni/West, North Island, and the Islands.

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – November 2020

Squamish, Whistler and Sunshine Coast Real Estate Market Statistics – November 2020

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler, and Sunshine Coast listings and sales in November 2020.
Find all the infographics related to the May Market Statistics by visiting the Facebook Album.

Whistler 

In November 2020, there were 19 sales of detached homes and 68 active listings. The benchmark sale price was $1,769,200.
The condo market had 49 sales and 109 active listings at the end of the month.  The benchmark sale price was $500,400.
The townhome market had 29 sales and, the active listings were 41. The benchmark sale price was $1,011,600.
It’s a Seller’s market in Whistler.

 

 

Sunshine Coast

In November 2020, there were 84 sales of detached homes and 184 active listings. The benchmark sale price was $688,200.
The condo market had 6 sales and 39 active listings at the end of the month.
The townhome market had 15 sales and, the active listings were 39.
It’s a Seller’s market for homes and townhomes in Sunshine Coast.

Squamish

In November 2020, there were 72 sales of detached homes and 29 active listings. The benchmark sale price was $1,048,500.
The condo market had 25 sales and 54 active listings at the end of the month.
The townhome market had 26 sales and, the active listings were 16.
It’s a Seller’s in Squamish.

 


Looking for more information about the real estate market in specific neighbourhoods in Squamish, Whistler, and Sunshine Coast? 
Macdonald Realty has offices in Squamish, Whistler, and Sunshine Coast.  Please email macrealty@macrealty.com or call 1-877-278-3888 to be matched with a REALTOR® working in your area.

MLS® Home Price Index (HPI) Benchmark Price
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.

This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org

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