North Shore Monthly Real Estate Update THE PENT-UP DEMAND SEEMS TO BE "UNPENTING!" There is stiong evidence of the “reticent buyer” of the past months starting to become an “active buyer” Total {Van sales (all categories) are up almost 30% from 143 (Feb '98) to 185 (Feb °99) : W.Van on smaller numbers is up 11%. Of greater significance is that sales {cr Jan-Feb “99 show an increase of aver 100 (N.Van) and almost - 150% (W.Van). Se much for the. now evident “demand side”. The active listings count is still high (supply side) with - N. Van ai 909 (end Feb 99) vs 864 (end Feb 98) and Jan ‘99 (884) W. Ven at 543 (end Feb 99) ve 574 (end Feb ‘98) and Jan ‘99 (503) Whither average prices ? Detached homes in N.Van have gone from $392K (Feo 98) to $383K (Feb “99) up a kittle from Jan 99 (S36GK). Wan detached stats are less meaningful (smatlar numbers) but show a drop trom $641K (Feb 98) to $598K (Feb “99) and down fram Jan ‘99 ($706K). Activity 5 up but prices are not yet ‘frming” as supply remains high. It is stil a buyers’ market Dut not as markedly so Please remember, as | have offered betore - if vou have a specific statstic you are interested in tracking 2g iuswnhouse sales in North Van in 97 vs ‘98: average price gf detached homes in West Van in Jan vs July - pse feel tree to call me or e-mail via northshore@canada.cam - if the Real Estate Board keeps stats Gn it. #1! get it for you. Most buyers are aware of the Reai Estate Board s internet site www.realtylink.com but many are vat yet avare of the fact that ineré ts a bi-weekly pud!’cation of the con- tents of this site in the form of a nevispapier called Raaltylink - in print Pictures of ali the properties fo. saie vath a short descriptcil. price and i most cases an address. This is the user friendly, non- advertising catalogue that the buyer has been asking foi and in conjunction vain the waternet site. will save hours of poring or advertising papers which contain on average only 20 to 25% of the Iistings available. Get yours at any realty office as well as Supermarkets such as Safeway. Supervalu. Extrafoods. “Mac and 7-14 outlets and loca! Rec centres. FOR ALL OTHER LISTINGS SEE REALTYLINK Rng { $295,000 | See hol OTE - 4 . aa R GREAT OPPORTUNITY — iST TIME BUYERS Bright one bedroom with balcony - Fell Point South facing 3 lavel, 2 bedroom, 2 bathroom home. Well locatec across unit with gas fiieplace in attractive younger building. from Kilmer Pack on 48' x 119° comer lot. Visit the operi @ Immediate possessicn. 1760 DEMPSEY ROAD #203-918 WEST 16TH ST. MEHRNAZ CHITSAZ 985-1321 RE/MAX*Crest Realty PRIME CAULFEILD § , Goeceenoe EE B a jem a Desirable tamity home. . cad , § ges ; . 822 EAST 17TH pertect oor plan on almost 1/3 of § : : . 5 BRING THE AC. 4 bedrooms, playroom, Ae . charming family room off country ; : cee < WHOLE FAMILY style kitchen w/a nook, hardwood floor. Excellent private garden for kiGS and = ettertainment. Wonderlui landscape Cinse to schools. and shoos. Unique combination of comfort and 5 bdrms, 3 baths, loads of living space. Kitchen updated 2 years ago, roof aboui 6 years old. Large level, fenced yard. Close to schools and parks. character Price $549,000 Cali Joe 985-4353. 41610 Willowcreek STEPS TO CAULFEILD VILLAGE oe 7 PRIVACY WITHOUT : SECLUSION Beautifully renovated with exquisite taste in most — 7 _ ; Immaculate 3 bdrm side prestigious Area. This 2 level home with 3 bedroom | Z split. Bathrooms and ‘ kitchen updated. Gleaming plus den, cozy family room. Lovely kitchen w/nook § =. : . . . : hardwood floors. Master sits on wonderful south-facing, private flat land. SOEs suite with sitting room and Price $529,000. W/B F/P. This is a gem. F Call Joe. $149,900 GREAT NEW PRICE j a rr A LOCATION! a | POTENTIAL, POTENTIAL CONVENIENCE! e | 7 if you've got substantial SECURITY! pee ag cay in your home, te + South facing cosner unil a ore j this duplex with nothing * Overtooxing Cap. River down! This is a good rev- ° ; bedroom. 1 bath enue property - cal! * 2 slorage : > New dishwasher #409-2004 FULLERTOM 2 AY “. tae TIANA SS4AFABZAAAN hie ees es ne ns sane