Category: real estate in british columbia

David Hennessey REALTOR® eXp realty with this weeks real estate news for you.

Maple Ridge Detached homes Market Weekly Market comment

My data analysis and research disclosed another surprise this last week over the prior week: (details in discussion below this overview)

• Decline in number of new listings in last week.
• High number of price reductions continues in the last week
• An increase in homes listed below 1 m

Overall, we are statistically still in a buyer’s market for detached homes, less favorable for sellers and many opportunities for buyers. If you want to know specifics related to your home in Maple Ridge. Contact me for a Free up to date market evaluation. The details are important as you home is still saleable and my expertise can help.

Subscribers to my weekly Maple Ridge detached homes report get all the details that are not shown here.

Contact me today to subscribe to my valuable, detailed market report

 

Note: This article offers you general information only and not to be considered specific professional advice for your situation. Let us meet for you to have information specific to your needs so you can make an educated decision on your real estate needs.

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If you would like to learn more about how I serve my clients in buying and selling real estate in the Maple Ridge Pitt Meadows area please contact me here to book a time for an introductory free consultation.

Once we meet you get your own personal copy of the special buyers or seller guide books I created that help you become more informed about todays more complex real estate buying or selling journey. Knowledge is power.

Sincerely,

David Hennessey

REALTOR®

eXp Realty

604 626 8903

 

David Hennessey REALTOR® eXp realty with this weeks real estate news for you.

Maple Ridge Detached homes Market Weekly Market comment

My data analysis and research disclosed another surprise this last week over the prior week: (details are shared to subscribers to my weekly newsletter)

• 10 of the 42 new listings in last week below 1 million in list price!
• Approx. 30 % week over week increase in price reductions in the last week
• A big decrease in new sales happening in the last week.

Overall, we are statistically still in a buyer’s market for detached homes, less favorable for sellers and many opportunities for buyers. If you want to know specifics related to your home in Maple Ridge. Contact me for a Free up to date market evaluation. The details are important as you home is still saleable and my expertise can help.

Subscribers to my weekly Maple Ridge detached homes report get all the details that are not shown here.

Contact me today to subscribe to my valuable, detailed market report

 

Note: This article offers you general information only and not to be considered specific professional advice for your situation. Let us meet for you to have information specific to your needs so you can make an educated decision on your real estate needs.

****

If you would like to learn more about how I serve my clients in buying and selling real estate in the Maple Ridge Pitt Meadows area please contact me here to book a time for an introductory free consultation.

Once we meet you get your own personal copy of the special buyers or seller guide books I created that help you become more informed about todays more complex real estate buying or selling journey. Knowledge is power.

Sincerely,

David Hennessey

REALTOR®

eXp Realty

604 626 8903

 

David Hennessey REALTOR® eXp realty with this weeks real estate news for you.

Maple Ridge Detached homes Market Weekly Market comment

My data analysis and research disclosed another surprise this last week over the prior week:

• 50 percent increase in sales of detached homes week over week (15 vs 10)
• 3 times as many homes over 1.5 m sold versus the prior week.
• Increase in the number of below 1 m detached homes sold.

NOTE: What could have caused these higher priced sales is the sale of lower priced homes that were keys to owners buying up in price in the market. And as always, one week does not make a trend, so keep in touch.

Overall, we are statistically still in a buyer’s market for detached homes in, less favorable for sellers and many opportunities for buyers.

Subscribers to my weekly Maple Ridge detached homes report get all the details that are not shown here.

Contact me today to subscribe to my valuable, detailed market report

 

Note: This article offers you general information only and not to be considered specific professional advice for your situation. Let us meet for you to have information specific to your needs so you can make an educated decision on your real estate needs.

****

If you would like to learn more about how I serve my clients in buying and selling real estate in the Maple Ridge Pitt Meadows area please contact me here to book a time for an introductory free consultation.

Once we meet you get your own personal copy of the special buyers or seller guide books I created that help you become more informed about todays more complex real estate buying or selling journey. Knowledge is power.

Sincerely,

David Hennessey

REALTOR®

eXp Realty

604 626 8903

 

David Hennessey REALTOR® eXp realty with this weeks real estate news for you.

Maple Ridge Detached homes Market Weekly Market comment

The level of sales activity at this time in Maple Ridge detached homes has decreased slightly over the last week. The number of price reductions is lower and the number of new listings entering the market is down.

However, according to Andrew Lis, GVR director of economics and data analytics, we appear to have reached a change in momentum, a slowing down in the amount of listings and price reductions.

Worth noting is the supply of detached homes in Maple Ridge listed for less than 1 m that did not exist a year ago are now on the decline from 58 a few weeks back to now 49. 3 homes sub 1 m sold in the last week.

High points:

• We are seeing a slight decrease in sales over the last week
• Less price reductions this last week
• Slight reduction in number of new listings entering the market

Overall, we are statistically still in a buyer’s market for detached homes in, less favorable for sellers and many opportunities for buyers.

Subscribers to my weekly Maple Ridge detached homes report get all the details that are not shown here.

Contact me today to subscribe to my valuable, detailed market report

 

Note: This article offers you general information only and not to be considered specific professional advice for your situation. Let us meet for you to have information specific to your needs so you can make an educated decision on your real estate needs.

****

If you would like to learn more about how I serve my clients in buying and selling real estate in the Maple Ridge Pitt Meadows area please contact me here to book a time for an introductory free consultation.

Once we meet you get your own personal copy of the special buyers or seller guide books I created that help you become more informed about todays more complex real estate buying or selling journey. Knowledge is power.

Sincerely,

David Hennessey

REALTOR®

eXp Realty

604 626 8903