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Those who own detached houses continue to adapt to the market and that means that their properties are selling.  In fact, as prices edge downwards to adjust for the changing market, these sellers are not only maintaining sale volume, but also seeing a significant uptick in the number of homes sold.  Taking into account that we would normally see volumes decline as we approach Christmas, the buyer’s response to the more attractive pricing tells me that there is a lot of demand out there!  Last week I reported that the recent sales volume was the best in the last quarter.  This week’s volume is better still.

 

However, condo sellers are not proving to be as savvy.  The opposite is happening in this segment with asking prices edging upwards, and the gap between ask and sell growing.  As you can probably guess, at the same time the number of condos selling is dropping.  This is expected at this time of year, but it is quite interesting to note how different this is from what is taking place in the detached home market. 

 

Over the last 30 days, 264 single family houses were sold, up by 7 houses from last week.  The median price is down $5,000 to $529,000. The average house was on the market for 54 days. In the same time period, 109 condos were sold, down by 13 condos from last week.  The median price is unchanged at $297,500. The average condo was on the market for 52 days.

 

There are now 1,895 houses for sale, down by 35 from last week.  Condo inventory has risen by 15 to 997 suites.

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Please visit our Open House at 3369 Piper RD.
Open House on Saturday, December 3, 2011 13:00 - 16:00
Choose your home, your lot, your custom features, and move into your dream home in about four months. The ?Devonshire 2? offers a versatile layout with 1 of the 3 bedrooms, and an additional family room, on the ground level ? a great layout for teens or extended family. Upstairs, enjoy the great room with 9? ceilings, real gas fireplace, open concept kitchen, and sunny deck, all at an amazing price! Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. With 1000 homes built and over 50 CARE awards to their credit, you can be assured of a quality home with lasting value. Net HST included. Show Homes open Sat/Sun 1-4pm!
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Please visit our Open House at 3388 Merlin RD.
Open House on Saturday, December 3, 2011 13:00 - 16:00
BRAND NEW AND READY FOR IMMEDIATE OCCUPANCY! Featuring 9ft ceilings, natural gas, and a gas fireplace, this home offers the ultimate in privacy and value with 3 bedrooms in the main house including a large great room, and master with walk in closet and ensuite. The spacious & legal, FULLY DETACHED 1 BED SUITE is over the separate double garage allowing you to enjoy a great mortgage helper without sacrificing privacy. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. With 1000 homes built and over 50 CARE awards to their credit, you can be assured of a quality home with lasting value. Net HST included. Open every Sat & Sun, 1-4pm
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Please visit our Open House at 3370 Hazelwood RD.
Open House on Saturday, December 3, 2011 13:00 - 16:00 -Show home at 3392 Merlin.
Choose your home, your lot, your custom features, and move into your dream home in about four months. The ?Coachwood? offers the ultimate in privacy and value with 9? ceilings, a spacious great room with real gas fireplace, and a large master with ensuite and walk in closet. The spacious & legal 1 bed suite over the detached double garage gives you a lucrative mortgage helper without sacrificing privacy! Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. With 1000 homes built and over 50 CARE awards to their credit, you can be assured of a quality home with lasting value. Net HST included. Show homes open Sat/Sun 1-4pm!
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Please visit our Open House at 3386 Hazelwood RD.
Open House on Saturday, December 3, 2011 13:00 - 16:00 -Show home at 3392 Merlin.
Choose your home, your lot, your custom features, and move into your dream home in about four months. The ?Devonshire? offers a versatile layout with 1 of the 3 bedrooms, and an additional family room, on the ground level ? a great layout for teens or extended family. Upstairs, enjoy the great room with 9? ceilings, real gas fireplace, open concept kitchen, and sunny deck, all at an amazing price! Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. With 1000 homes built and over 50 CARE awards to their credit, you can be assured of a quality home with lasting value. Net HST included. Show homes open Sat/Sun 1-4pm!
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Please visit our Open House at 3382 Hazelwood RD.
Open House on Saturday, December 3, 2011 13:00 - 16:00 -Show home at 3392 Merlin
Choose your home, your lot, your custom features, and move into your dream home in about four months. The ?Thomas? offers a popular layout with 3 bedrooms up. You will enjoy large master with its walk in closet and full ensuite. The ground level, features a great room with 9? ceilings, real gas fireplace and spacious kitchen with island, only a step from your outdoor patio with gas hookup, all at an amazing price! Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. With 1000 homes built and over 50 CARE awards to their credit, you can be assured of a quality home with lasting value. Net HST included. Show homes open Sat/Sun 1-4pm!
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Please visit our Open House at 3374 Hazelwood RD.
Open House on Saturday, December 3, 2011 13:00 - 16:00 -Show home at 3392 Merlin
Choose your home, your lot, your custom features, and move into your dream home in about four months. The ?Bridlewood? offers the best in affordability with 4 bedrooms, including a 1 bed legal suite on the no-step ground level ? great for a mortgage helper or extra family. Upstairs, the value continues with 9? ceilings, a great room with real gas fireplace and an ensuite master? all at an amazing price. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. With 1000 homes built and over 50 CARE awards to their credit, you can be assured of a quality home with lasting value. Net HST included. Show homes open Sat/Sun 1-4pm!
Read

Please visit our Open House at 3388 Merlin RD.
Open House on Sunday, November 27, 2011 13:00 - 16:00
BRAND NEW AND READY FOR IMMEDIATE OCCUPANCY! Featuring 9ft ceilings, natural gas, and a gas fireplace, this home offers the ultimate in privacy and value with 3 bedrooms in the main house including a large great room, and master with walk in closet and ensuite. The spacious & legal, FULLY DETACHED 1 BED SUITE is over the separate double garage allowing you to enjoy a great mortgage helper without sacrificing privacy. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. With 1000 homes built and over 50 CARE awards to their credit, you can be assured of a quality home with lasting value. Net HST included. Open every Sat & Sun, 1-4pm
Read

Please visit our Open House at 3374 Hazelwood RD.
Open House on Sunday, November 27, 2011 13:00 - 16:00 -Show home at 3392 Merlin
Choose your home, your lot, your custom features, and move into your dream home in about four months. The ?Bridlewood? offers the best in affordability with 4 bedrooms, including a 1 bed legal suite on the no-step ground level ? great for a mortgage helper or extra family. Upstairs, the value continues with 9? ceilings, a great room with real gas fireplace and an ensuite master? all at an amazing price. Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. With 1000 homes built and over 50 CARE awards to their credit, you can be assured of a quality home with lasting value. Net HST included. Show homes open Sat/Sun 1-4pm!
Read

Please visit our Open House at 3369 Piper RD.
Open House on Sunday, November 27, 2011 13:00 - 16:00
Choose your home, your lot, your custom features, and move into your dream home in about four months. The ?Devonshire 2? offers a versatile layout with 1 of the 3 bedrooms, and an additional family room, on the ground level ? a great layout for teens or extended family. Upstairs, enjoy the great room with 9? ceilings, real gas fireplace, open concept kitchen, and sunny deck, all at an amazing price! Constructed by Limona to Built Green BC standards to be a more efficient, cost effective, and healthy home. With 1000 homes built and over 50 CARE awards to their credit, you can be assured of a quality home with lasting value. Net HST included. Show Homes open Sat/Sun 1-4pm!
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