by Macrealty Marketing Team | Sep 13, 2023 | Company Announcements, Industry, Local, Our Offices, Real Estate Services, Vancouver
Macdonald Realty East Vancouver Office Now Open
Macdonald Realty’s East Vancouver office is now open to all! Managing Brokers and agents alike showed up to the Opening Party to see the venue and network with some drinks and small bites.
Located in the heart of Little Italy, our East Van office is steps away from a multitude of top-notch restaurants and cafes, McSpadden Park and Trout Lake Community Centre, local shops, and bus and subway stations.
Let’s connect:
2057 Commercial Dr, Vancouver, BC V5N 4B1
(236) 471-5707
by Macrealty Marketing Team | Aug 8, 2023 | Buying Real Estate, House and Home, New Developments, Real Estate Services, Selling Real Estate
Somerset Reach
Now Selling: Phases 4 and 5
Somerset Reach is a six-acre, contemporary modern-living lake view townhome estate community located in peaceful, charming Peachland. The estate is comprised of 56 individual homes in fourteen buildings, all of which face east towards Okanagan Lake and is a mere five-minute walk to the town centre, renowned for its beautiful shorelines, cafés, restaurants and unique boutiques.
Each unit will enjoy the convenience of a two-person elevator, in addition to rooftop garden terraces with expansive lake and mountain views, and unique al fresco dining and BBQ entertainment areas. There will also be a large garden common area with an outdoor picnic area meant for occasional larger gatherings. Each homeowner will also have an opportunity to work with a professional interior designer to create a dream home that reflects their personality and lifestyle.
Phases 4 and 5 are now available for sale – view floorplans here.
Come see Somerset Reach for yourself! Contact the team today.
P: 250-258-0111 | E: info@somersetreach.com
About Peachland
A home in Peachland offers you peaceful living in a lakefront community with easy access to everything that the Okanagan is famous for:
- Wineries (Peachland is the North American birthplace of Icewine and home to Canada’s first certified organic winery)
- Touring
- Boating
- World class skiing (ski resorts nearby receive several metres of ‘champagne’ powder)
- Sailing
- Power boating
… and a host of other activities. At Somerset Reach, you’ll be living the luxurious Okanagan lifestyle that others can only experience on vacation.
Get in touch with Manuella Farnsworth
*PREC, Macdonald Realty Interior
Macdonald Realty Kelowna is one of the Valley’s oldest and most trusted names in property sales and marketing. Manuella Farnsworth brings a wealth of residential sales experience to Somerset Reach, and was a resident in Peachland for 20 years. Manuella has served on the board of directors of the Peachland Chamber of Commerce and enjoys a deep knowledge of the area, specializing in Residential, Vineyard Estates and Winery sales in Kelowna and area.
by Macrealty Marketing Team | Mar 7, 2022 | Fraser Valley, Maple Ridge, Market Insights, Real Estate Services, Surrey, Vancouver
March 2022 – Lower Mainland Monthly Update (REBGV & FVREB)
Metro Vancouver sales are moderate in February but still above 10 year average, and standing inventory continues to be the biggest challenge
The most reliable indicator of market prices is the Sales to Active Listings Ratio (SAL). This is the ratio between the number of sales in a given month and the number of active listings at month-end.
In hotter markets in BC, a long-term analysis has shown that prices will usually act in the following ways:
- 7+ Months of Inventory (Under 14% SAL): Prices will likely DECLINE
- 5 – 7 Months of Inventory (14% – 18% SAL): Prices will likely be STABLE
- Less than 5.5 Months of Inventory (Over 18% SAL): Prices will likely RISE
Visit this link to learn more about house prices and inventory.
Sales
Metro Vancouver (combined @rebgv & @fvreb) sales continue to be strong, but show signs of slowing. 3rd highest February on record. 25% lower than in 2021, but 25% higher than the 10-year average.
Cumulative Year-to-date Sales
YTD sales have moderated from 2021, but are still the 3rd highest on record (2021 #1; 2016 #2).
Inventory
Standing inventory continues to be the biggest challenge. Lowest February inventory in a generation. 10,532 active listings are 20% below last year (12,478) and 40% below the 10-year average (17,039).
Sales to Active Listings
With a SAL of 50%, this indicates there is considerable support for higher prices.
Months of Inventory
Currently, there is only 2 months of inventory. Normally, there should be closer to 5 months.
Want to learn more about these stats or discuss your move to Macdonald Realty?
check out careersinbcrealestate.com to connect today!
by Macrealty Marketing Team | Jul 20, 2020 | Buying Real Estate, Fraser Valley, House and Home, Luxury, Real Estate Services, Selling Real Estate
At Macdonald Realty, we’re proud to have a team of talented and experienced real estate agents who sell one of the best luxury listings currently available in the market.
Today we’re featuring a modern and unique farmhouse! This fantastic architectural masterpiece is everything you have imagined as a dream home. Perfectly situated on a private 6.23 acre, this south-facing residence has extraordinary landscape details including a dream kitchen, floor to ceiling solid copper fireplace and more.
Let’s take a tour and see how amazing this property is — listed at $5,550,000 by Emily Sandhack.
This cozy living room is the perfect space for lounging by the fireplace – sip a cup of hot chocolate on a cold winter day while you enjoy the peace and quiet. Read your favourite book or invite your friends over for a game night. Regardless of what you decide to do, this room surely radiates warmth as you hear the fire burning.
Don’t let another get together pass by as you prepare mom’s lasagna in the kitchen – those days are over! This open concept kitchen allows you to engage in a conversation without burning what’s in the oven. The natural colours of the cabinets with the minimalist décor welcome you as you entertain your family and friends.
Wine not? Never worry about wasting another bottle with this UV-controlled wine cellar.
Step out onto the massive green space and listen to birds chirping in the morning straight from the privacy of your own room. Embrace nature from every room and enjoy the dazzling sunlight all day long.
Need I say more? A piece of paradise in your own bathtub.
Ready to make this dream home yours? Click here for additional property details and request a private showing.
Want to see more beautiful homes like this? Check out www.macrealty.com today!
by Macrealty Marketing Team | Nov 20, 2019 | Buying Real Estate, Fraser Valley, House and Home, Luxury, Real Estate Services, Selling Real Estate
At Macdonald Realty, we’re proud to have a team of talented and experienced real estate agents who sell one of the best luxury listings currently available in the market.
Today we’re featuring a modern and unique farmhouse! This fantastic architectural masterpiece is everything you have imagined as a dream home. Perfectly situated on a private 6.23 acre, this south-facing residence has extraordinary landscape details including a dream kitchen, floor to ceiling solid copper fireplace and more.
Let’s take a tour and see how amazing this property is — listed under $6M by Emily Sandhack.
This cozy living room is the perfect space for lounging by the fireplace – sip a cup of hot chocolate on a cold winter day while you enjoy the peace and quiet. Read your favorite book or invite your friends over for a game night. Regardless of what you decide to do, this room surely radiates warmth as you hear the fire burning.
Don’t let another get together pass by as you prepare mom’s lasagna in the kitchen – those days are over! This open concept kitchen allows you to engage in a conversation without burning what’s in the oven. The natural colours of the cabinets with the minimalist décor welcome you as you entertain your family and friends.
Wine not? Never worry about wasting another bottle with this UV-controlled wine cellar.
Step out onto the massive green space and listen to birds chirping in the morning straight from the privacy of your own room. Embrace nature from every room and enjoy the dazzling sunlight all day long.
Need I say more? A piece of paradise in your own bathtub.
Ready to make this dream home yours? Click here for additional property details and request a private showing.
Want to see more beautiful homes like this? Check out www.macrealty.com today!
by Macrealty Marketing Team | Oct 7, 2019 | Company Announcements, Industry, Local, Newsroom, Our Offices, Real Estate Services
VANCOUVER, B.C., Oct. 2019 / Macdonald Realty, Western Canada’s largest independent full-service real estate company, today announced the re-opening of its office in North Vancouver, B.C., Canada. This office is one of Macdonald’s 20 offices throughout British Columbia.
The freshly renovated office in North Vancouver will bring to the team and clients more space and comfort. The space provides everything Macdonald’s real estate agents need to keep improving and growing their business.
Find us at 206 Lonsdale Ave or give us a call at 604.960.1100.
Other offices
To find more about Macdonald Realty’s offices in British Columbia – please visit macrealty.com/offices.
About Macdonald Realty
Macdonald Realty was founded in Vancouver back in 1944 and has continued to grow through the years and the changes in the real estate market. We’re solid, established and respected, with 20 offices throughout British Columbia. Today, we’re Western Canada’s largest independent full-service real estate company, with Residential, Commercial, Property Management, and Project Marketing divisions. And we’re still proudly BC owned and operated.
Visit the company’s website today www.macrealty.com
