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Open House on Saturday, March 9, 2013 13:00 - 16:00 - Showhome located @ 39 Bamford Court

**Show Home @ 39 Bamford Open Every Sat/Sun 1-4** The Robinwood is sure to impress as you follow the curving stairs upstairs to the large great room with island kitchen and eating bar. With three bedrooms total, there is space for everyone, including a large rec room on the lower level, ideal for the family or home theatre! The Summit at Thetis is a new development of semi-custom 3-4 bedroom homes priced from $475,000 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Choose your plan, your lot, customize, and move into your dream home in about six months. Price includes net Sales Tax.
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Open House on Saturday, March 9, 2013 13:00 - 16:00 - Showhome located @ 39 Bamford Court

**Show Home @ 39 Bamford Open every Sat/Sun 1-4** A classic design, the Boulderwood has something for everyone with its large great room featuring a wall of windows, double garage, den, and three bedrooms on the upper level ? including a master suite with a huge walk in closet. One of our grandest plans, this home will satisfy for years to come! The Summit at Thetis is a new development of semi-custom 3-4 bedroom homes priced from $475,000 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Choose your plan, your lot, customize, and move into your dream home in about six months. Price includes net Sales Tax.
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Open House on Saturday, March 9, 2013 13:00 - 16:00 -Showhome located @ 39 Bamford Court

Move in by June 30, 2013! **Show Home at 39 Bamford Open Every Sat/Sun 1-4pm** The Cedarwood is spacious a 3 bedroom home offering large rooms, an island kitchen with eating bar, and a great room with plenty of windows. The kids can roam free on the lower level with its immense rec room. A bright sunny home with generous room sizes! The Summit at Thetis is a new development of semi-custom 3-4 bedroom homes priced from $475,000 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Price includes net Sales Tax.
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Open House on Saturday, March 9, 2013 13:00 - 16:00 -Showhome located @ 39 Bamford Court

Move in by April 30, 2013! **Show Home at 39 Bamford Open Every Sat/Sun 1-4pm** The Cedarwood is spacious a 3 bedroom home offering large rooms, an island kitchen with eating bar, and a great room with plenty of windows. The kids can roam free on the lower level with its immense rec room. A bright sunny home with generous room sizes! The Summit at Thetis is a new development of semi-custom 3-4 bedroom homes priced from $475,000 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Price includes net Sales Tax.
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Open House on Saturday, March 9, 2013 13:00 - 16:00 - Showhome located @ 39 Bamford Court

**Show Home @ 39 Bamford Crt, Open Sat/Sun 1-4** The Austin offer a great family layout with 3-4 bedrooms, including a large great room upstairs, plus a family room & guest room on the lower level. A great price and lots of space for your family! ?The Summit at Thetis? is a new development of semi-custom 3-4 bedroom homes priced from $475,000 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Choose your plan, your lot, customize, and move into your dream home in about six months. Price includes net Sales Tax.
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This near-new, one-owner home, on a quiet tree-lined street, offers above average quality, features, and value all in a very affordable package. Inside, you will immediately notice the superior build quality starting with solid maple flooring throughout the entire home and a premium kitchen with rich wood cabinets and s/s appliances. Upstairs, four bedrooms on the same level is a rare treat, great for the growing family or for a home office. Outside, relax in the compact yard, big enough to enjoy, but small enough to free you from too much yard work. Situated just a short walk from the Fernwood village, great restaurants, and the Belfry Theatre, this superior home offers excellent value in today's market.
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Open House on Saturday, March 9, 2013 13:00 - 16:00 Showhome at 39 Bamford Court.

Move in by June 30, 2013 *Show Home at 39 Bamford open every Sat/Sun 1-4pm* Enter the spacious foyer, pass the den, and the soaring double height ceiling of the Alderwood great room captures the eye. Upstairs, the layout is traditional with three bedrooms, including on oversize master suite with private balcony. An impressive layout that does not sacrifice function! ?The Summit at Thetis? is a new development of semi-custom 3-4 bedroom homes priced from $475,000 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Price includes net sales tax.
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Open House on Saturday, March 9, 2013 13:00 - 16:00 Showhome @ 39 Bamford Court.

**Show Home at 39 Bamford Open Every Sat/Sun 1-4pm** The Crownwood greets you with its vaulted foyer as you enter the open plan great room with island kitchen on the main level. Upstairs, generous space continues with three bedrooms plus a loft style den with balcony. A double garage rounds out the excellent value in this large home! The Summit at Thetis is a new development of semi-custom 3-4 bedroom homes priced from $475,000 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Choose your plan, your lot, customize, and move into your dream home in about six months. Price includes net Sales Tax.
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Open House on Saturday, March 9, 2013 13:00 - 16:00 -Showhome at 39 Bamford Court.

**Show Home at 39 Bamford Open Every Sat/Sun 1-4pm** The Ashbury provides exceptional value with its large open plan main level, large island kitchen, plus a separate living room. A grand curving staircase leads upstairs to three bedrooms, including a spacious master with walk-in closet and ensuite. Great value in an affordable package! The Summit at Thetis is a new development of semi-custom 3-4 bedroom homes priced from $475,000 offering exceptional value with 9ft ceilings, real gas fireplaces, gas barbecue outlets, and more, all surrounded by green space and only a short walk to Thetis Lake Park. Choose your plan, your lot, customize, and move into your dream home in about six months. Price includes net Sales Tax.
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It is no secret that it has been a slow start to the traditionally busy spring buying & selling season.  Prices are behind last years levels and the number of homes selling has been down by about 25%.

 

But, that was old news and things are changing rapidly now.  The change appears to be in the right direction finally!  For the last several weeks, the anecdotal evidence is that Realtors have been feeling busier.  Not necessarily with sales, but with the activity that leads to sales.  Now, that work is starting to show in the results.  

 

The volume of sales for single family homes is still below this point last year, but the gap is narrowing.  Prices have also been climbing now for the fifth week in a row!  Yes, prices are still down 3% from last year, but that is a big improvement from the 6-7% gap that we saw a few weeks ago.  Do I think that prices are going to move ahead of last year?  That's possible but not likely.  However, the good news is that there in an increasing chance that a well priced home will sell.

 

The condo market is doing even better than the detached house market. It's rare that I can make that statement!  But, it is true.  At the start of the year, the condo market was in very poor shape with the volume of sales off 34% and prices down 11% from last year.  But, today the volume is only off 9% and prices are even!  There has been a real surge in condo pricing in the last few weeks!  We even saw the inventory of available condos drop this week, which almost never happens in the spring.  It appears that first time buyers are choosing to buy a condo instead of a new detached house.  Considering that their purchasing power was reduced last summer when the mortgage rules where changed, this does make sense.

 

Overall, the message is that if you are considering a move this spring, now is DEFINITELY the time to get your property on the market.  Enlist the help of a knowledgeable professional Realtor - members of our team hopefully - and list your home at the right price with a solid marketing plan behind it.

 

Here are the current stats:

 

Over the last 30 days, 202 single family houses were sold, up by 26 houses from last week.  The median price is up $10,194 to $523,944. The average house was on the market for 34 days.  In the same time period, 120 condos were sold, up by 8 condos from last week.  The median price is up $18,500 to $274,500. The average condo was on the market for 63 days.

 

There are now 1,831 houses for sale, up by 4 from last week.  Condo inventory has fallen by 19 to 892 suites.

 

Do you have any real estate questions?  feel free to email us or post them on our Facebook page and we would be happy to answer them for you.

 

(h)(s)

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