say hello to 2016
DON EILERS DON EILERS T. 604.889.9449 [email protected] T. 604.889.9449 [email protected]
LAUREN KENT LAUREN KENT T. 604.671.6115
JILL WIERSMA JILL WIERSMA T. 604.341.1411
[email protected]
[email protected]
[email protected] T. 604.341.1411
[email protected] T. 604.671.6115
THE SNAPSHOT FOR JANUARY 2016
SAY HELLO TO 2016 Wow – that was quite a year! Not only did it fly by but we established new records in nearly every category of sales in the North Shore real estate market. Certainly in the 24 years that I have been in the industry, 2015 was like no other year I’ve experienced. The continuing flow of foreign money from Iran & China entering our market has forced prices up to new highs. In fact, foreign investment has been the main reason I believe prices are up in virtually every area in the Lower Mainland and the new property assessments are reflecting this.
WEST VANCOUVER - DETACHED
NORTH VANCOUVER
Dollar Volume
Dollar Vol
2016 is undoubtedly going to be another interesting year in Real Estate. If inventory levels remain low we could In Millions In Millions 50 a 300 In Millions 35 In Millions see another450 upward thrust in prices. The most expensive real estate market in Canada shows no signs of 45 400 250 decline. In this incredibly competitive market sellers 30will want to ensure that they maximize the value of40their 350 35 25 200 300 homes and buyers will want to be sure they benefit from an experienced real estate professional for guidance in 30 20 250 25 150 an incredibly200fast paced bidding process. 20 15 Dollar Volume
Dollar Volume
100
150
Jun-2015
Apr-2015
Units S
May-2015
Mar-2015
Dec-2015
NORTH VANCOUVER - DETACHED WEST VANCOUVER - ATTACHED
Jan-2015
0 Feb-2015
20
0 Oct-2015
50 Nov-2015
40
Sep-2015
60
100
Aug-2015 Dec-2015
150
Oct-2015 Jun-2015
Dec-2015
Oct-2015
Nov-2015
Sep-2015
Jul-2015
Aug-2015
Jun-2015
Apr-2015
May-2015
Mar-2015
Jan-2015
Feb-2015
Dec-2014
0
80
Jul-2015 Nov-2015
100
Units Listed
120 100
Sep-2015 May-2015
200
NORTH VANCOUVER
200
Jul-2015 Mar-2015
300
Active Listings
250
Aug-2015 Apr-2015
400
ActiveSold Listings Units
NORTH VANCOUVER - DETACHED
50 45 40 35 30 25 20 15 10 5 0
Jun-2015 Feb-2015
500
Units Sold Units Listed
Apr-2015 Dec-2014
WEST VANCOUVER - DETACHED
Units Listed 300
May-2015 Jan-2015
Active Listings
Jan-2015
Units Sold
Dec-2014
600
Units Listed
NV-ATT
NORTH DETACHED WEST VANCOUVER - ATTACHED NORTHVANCOUVER VANCOUVER --DETACHED
Mar-2015
WEST DETACHED WESTVANCOUVER VANCOUVER --DETACHED
NV-DET
Dec-2014
WV-ATT
Feb-2015
WV-DET
15
Dec-2014
Oct-2014
Jun-2014
Dec-2014
Oct-2014
Aug-2014
Jun-2014
Apr-2014
Feb-2014
In Millions
Dec-2013
Dec-2015
Oct-2015
Aug-2015
Apr-2015 c-2015
Jun-2015
Aug-2014
Apr-2014
Feb-2014
Dec-2013
Dec-2015
Oct-2015
Aug-2015
Jun-2015
Apr-2015 Dec-2015
Dec-2014 Aug-2015
Oct-2014 Jun-2015
Aug-2014 Apr-2015
Jun-2014 Feb-2015
Apr-2014 Dec-2014
Feb-2014 Oct-2014
Jun-2014
Aug-2014 Dec-2013
Feb-2015 Oct-2015 Feb-2015 ct-2015
c-2015
ct-2015
g-2015
n-2015
pr-2015
c-2014
b-2015
ct-2014
g-2014
n-2014
pr-2014
c-2013
b-2014
0.0
Oct-2014 n-2015
“TALK TO DON” “TALK TO DON” 0.0
Ave. Price 1.0 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0.0
Dec-2014 g-2015
0.0
0.5
NORTH VANCOUVER
Median
20 Sales
Aug-2014 pr-2015
0.0
1.0
Apr-2014 c-2014
0.0
Ave. Price Median
Jun-2014 b-2015
0.0
Feb-2014 ct-2014
0.0
1.5
Apr-2014
Feb-2014
Dec-2013
0.0
Don Eilers 3.5 3.0 604.889.9449 2.5 2.0 [email protected]
n-2014
In Millions
Ave. Price 1.8 In Millions 1.6 1.4 1.2 1.0 All0.8Months Below 0.6 0.4 0.2 0.0 b-2014
4.0
Median
Dec-2013 g-2014
Ave. Price
NORTH VANCOUVER - DETACHED WEST VANCOUVER - ATTACHED
pr-2014
WEST VANCOUVER - DETACHED
c-2013
Cheers,
Dec-2015
Happy New Year and all the best for 2016!
Oct-2015
Jun-2015
Aug-2015
Apr-2015
Feb-2015
Dec-2014
Oct-2014
Jun-2014
Aug-2014
Apr-2014
Feb-2014
Dec-2013
10 With over 50100years of combined real estate experience Lauren, 50Jill & I would welcome the opportunity 10 to answer 5 5 50 any questions you may have about our local market or assist you in making your next move.
1453 Bellevue Ave., West Vancouver, BC V7T 1C3 1453 Bellevue Ave., West Vancouver, BC V7T 1C3
LAUREN KENT LAUREN KENT T. 604.671.6115
JILL WIERSMA JILL WIERSMA T. 604.341.1411
[email protected]
[email protected]
[email protected] T. 604.341.1411
[email protected] T. 604.671.6115
THE SNAPSHOT FOR JANUARY 2016
SAY HELLO TO 2016 Wow – that was quite a year! Not only did it fly by but we established new records in nearly every category of sales in the North Shore real estate market. Certainly in the 24 years that I have been in the industry, 2015 was like no other year I’ve experienced. The continuing flow of foreign money from Iran & China entering our market has forced prices up to new highs. In fact, foreign investment has been the main reason I believe prices are up in virtually every area in the Lower Mainland and the new property assessments are reflecting this.
WEST VANCOUVER - DETACHED
NORTH VANCOUVER
Dollar Volume
Dollar Vol
2016 is undoubtedly going to be another interesting year in Real Estate. If inventory levels remain low we could In Millions In Millions 50 a 300 In Millions 35 In Millions see another450 upward thrust in prices. The most expensive real estate market in Canada shows no signs of 45 400 250 decline. In this incredibly competitive market sellers 30will want to ensure that they maximize the value of40their 350 35 25 200 300 homes and buyers will want to be sure they benefit from an experienced real estate professional for guidance in 30 20 250 25 150 an incredibly200fast paced bidding process. 20 15 Dollar Volume
Dollar Volume
100
150
Jun-2015
Apr-2015
Units S
May-2015
Mar-2015
Dec-2015
NORTH VANCOUVER - DETACHED WEST VANCOUVER - ATTACHED
Jan-2015
0 Feb-2015
20
0 Oct-2015
50 Nov-2015
40
Sep-2015
60
100
Aug-2015 Dec-2015
150
Oct-2015 Jun-2015
Dec-2015
Oct-2015
Nov-2015
Sep-2015
Jul-2015
Aug-2015
Jun-2015
Apr-2015
May-2015
Mar-2015
Jan-2015
Feb-2015
Dec-2014
0
80
Jul-2015 Nov-2015
100
Units Listed
120 100
Sep-2015 May-2015
200
NORTH VANCOUVER
200
Jul-2015 Mar-2015
300
Active Listings
250
Aug-2015 Apr-2015
400
ActiveSold Listings Units
NORTH VANCOUVER - DETACHED
50 45 40 35 30 25 20 15 10 5 0
Jun-2015 Feb-2015
500
Units Sold Units Listed
Apr-2015 Dec-2014
WEST VANCOUVER - DETACHED
Units Listed 300
May-2015 Jan-2015
Active Listings
Jan-2015
Units Sold
Dec-2014
600
Units Listed
NV-ATT
NORTH DETACHED WEST VANCOUVER - ATTACHED NORTHVANCOUVER VANCOUVER --DETACHED
Mar-2015
WEST DETACHED WESTVANCOUVER VANCOUVER --DETACHED
NV-DET
Dec-2014
WV-ATT
Feb-2015
WV-DET
15
Dec-2014
Oct-2014
Jun-2014
Dec-2014
Oct-2014
Aug-2014
Jun-2014
Apr-2014
Feb-2014
In Millions
Dec-2013
Dec-2015
Oct-2015
Aug-2015
Apr-2015 c-2015
Jun-2015
Aug-2014
Apr-2014
Feb-2014
Dec-2013
Dec-2015
Oct-2015
Aug-2015
Jun-2015
Apr-2015 Dec-2015
Dec-2014 Aug-2015
Oct-2014 Jun-2015
Aug-2014 Apr-2015
Jun-2014 Feb-2015
Apr-2014 Dec-2014
Feb-2014 Oct-2014
Jun-2014
Aug-2014 Dec-2013
Feb-2015 Oct-2015 Feb-2015 ct-2015
c-2015
ct-2015
g-2015
n-2015
pr-2015
c-2014
b-2015
ct-2014
g-2014
n-2014
pr-2014
c-2013
b-2014
0.0
Oct-2014 n-2015
“TALK TO DON” “TALK TO DON” 0.0
Ave. Price 1.0 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0.0
Dec-2014 g-2015
0.0
0.5
NORTH VANCOUVER
Median
20 Sales
Aug-2014 pr-2015
0.0
1.0
Apr-2014 c-2014
0.0
Ave. Price Median
Jun-2014 b-2015
0.0
Feb-2014 ct-2014
0.0
1.5
Apr-2014
Feb-2014
Dec-2013
0.0
Don Eilers 3.5 3.0 604.889.9449 2.5 2.0 [email protected]
n-2014
In Millions
Ave. Price 1.8 In Millions 1.6 1.4 1.2 1.0 All0.8Months Below 0.6 0.4 0.2 0.0 b-2014
4.0
Median
Dec-2013 g-2014
Ave. Price
NORTH VANCOUVER - DETACHED WEST VANCOUVER - ATTACHED
pr-2014
WEST VANCOUVER - DETACHED
c-2013
Cheers,
Dec-2015
Happy New Year and all the best for 2016!
Oct-2015
Jun-2015
Aug-2015
Apr-2015
Feb-2015
Dec-2014
Oct-2014
Jun-2014
Aug-2014
Apr-2014
Feb-2014
Dec-2013
10 With over 50100years of combined real estate experience Lauren, 50Jill & I would welcome the opportunity 10 to answer 5 5 50 any questions you may have about our local market or assist you in making your next move.
1453 Bellevue Ave., West Vancouver, BC V7T 1C3 1453 Bellevue Ave., West Vancouver, BC V7T 1C3
