YOUR VANCOUVER
REAL ESTATE EXPERTS

residentexperts

✨November Stats ✨
•
•

The GVR reports that residential sales in the region totalled 2,181 in November 2024, a 28.1% increase from the 1,702 sales recorded in November 2023.

“When we saw demand pick up in October, there was still a question over whether it was a blip in the data or the start of an emerging trend. While the November market isn’t quite a Cyber Monday door-crasher, buyers are continuing to take advantage of the relatively balanced market conditions while they last.” – Andrew Lis, GVR director of economics and data analytics

There were 3,725 detached, attached and apartment properties newly listed for sale on the MLS in Metro Vancouver in November 2024. This represents a 10.6% increase compared to the 3,369 properties listed in November 2023. 

For a detailed look at the Vancouver market, check out our latest blog post (link in bio), where we break down sales across key areas. Follow us for neighborhood stats and evolving trends.

Thinking about buying or selling? Let’s connect to explore your options and find the best path forward!

residentexperts

Price Improvement!
•
•
INVESTOR ALERT: Located in Hastings Sunrise, this charming 1920s home presents endless potential for buyers, renovators, or investors. Whether you move in, renovate, or hold for future development, the choice is yours.

Situated just 200m from Kootenay Loop (Tier 4-TOA zone), this property boasts 4.0 FAR/FSR and 12-storey potential. Just one block from Sir John Franklin Elementary and a short distance to downtown.
 
Enjoy a sunny south-facing backyard with stunning views of the North Shore mountains and downtown. This family-loved home features an in-law suite with a mudroom, washer/dryer, and sauna, 3 bedrooms on the main floor with a bright kitchen and patio, plus flexible upper-floor space for an office, bedroom, or playroom. Don’t miss this rare opportunity!

📍3636 Franklin St
💰 $1,698,000
🛌 4 Beds  
🛁  2 Bath
📏  2565 sq.ft.
🚗 2 Car Garage
🏡 33 x 122 Ft Lot

residentexperts

✨EV Feature Friday- 4097 Browning Rd , Sechelt BC✨

4 beds | 5 baths | 4363 sqft. | $5,688,000

Introducing Pebble Beach House, a breathtaking contemporary waterfront residence designed by D’Arcy Jones Architecture. This stunning home masterfully combines glass, steel & concrete, showcasing meticulous attention to detail in both layout & material. The open-concept design creates a seamless flow that highlights the natural beauty of its oceanfront & forest surroundings. The private beachfront invites you to embrace a serene coastal lifestyle. Situated on a sprawling 1-acre lot, this estate includes a charming guest cottage w/ ocean views, providing privacy & comfort for its occupants, a two-car heated garage and outdoor living spaces that feature extensive terraces, patios, and beautifully landscaped gardens, all supported by energy-efficient systems and eco-friendly materials.

Listed by: @katie_burkard @wvanrealestate

residentexperts

Just Sold!

When you know, you know. This sale came together quickly for the buyers who secured this beautifully updated condo in the heart of Kerrisdale! With 2 beds, 2 baths, and 880 sqft, it’s a true gem. Our seller, a talented designer, did an incredible renovation that instantly captured the buyers’ hearts. ✨

A special shoutout to @jovitapinto_ who not only brought a strong offer but also included additional terms that made the next move possible for our seller. Cheers to everyone involved for making this a seamless and successful sale! 🥂

📍503-5350 Balsam St
💰 $798,000
🛌 2 Bed
🛁 2 Bath
📏 880 sq.ft
🚗 1 Parking (EV possible)
🔒 1 Storage Locker

residentexperts

Just Sold at The Savona! 
•
•

When clients become friends, it’s a true privilege. This sale marks a new season of life, and it’s been such a joy helping our client. We found the perfect place with tons of character, natural light, and a fantastic layout—right in the heart of the Arbutus Walk neighborhood. With a 1 bed + den, 1 bath, 710 sqft, this space is ideal. Our client can walk to work and fully embrace her community. Can’t wait to see how she’ll add her personal touch with a few renovations! 

A huge thanks to Tony @thelindahlgroup for being a wonderful agent to work with. Here’s to new beginnings and cherished spaces. Cheers to all! 🥂 

📍301-2175 Salal Dr
💰 $875,000
🛌 1 Bed
🛁 1 Bath
📏 710 sq.ft
🚗 1 Parking 
🔒 1 Storage Locker

residentexperts

Buyer demand surges in October
•
•

In October 2024, 5,452 detached, attached, and apartment properties were newly listed in Metro Vancouver, up 16.9% from October 2023. Total MLS listings reached 14,477, marking a 24.8% increase from last year. The overall sales-to-active listings ratio stands at 18.8%: 13.4% for detached homes, 22.5% for attached, and 22.2% for apartments.

Recent data indicates a balanced market, with prices easing over the past few months. However, a recent rise in sales has shifted the attached and apartment segments toward a seller’s market, with detached properties close behind—suggesting that the period of price moderation may be coming to an end. “Typically, reductions to mortgage rates boost demand, and the strong October sales numbers suggest buyers may finally be responding to lower borrowing costs after waiting on the sidelines for months. To some market watchers, this rebound may come as a surprise, but with four consecutive rate cuts from the Bank of Canada – and more likely to come on the horizon – it was only a matter of time until signs of renewed strength in demand showed up.” Andrew Lis, GVR director of economics and data analytics

For a more comprehensive breakdown of the current market, check out our latest blog post (link in bio), where we examine sales in the different key areas of Vancouver. Stay connected as we continue to share insights on neighborhood-specific stats and evolving trends on our social feeds.

Have any questions? Feel free to reach out!