CREST REALTY
ATTENTION POSTMASTER: Time Sensitive Materials
RE/MAX Crest Realty 1428 W 7th Avenue Vancouver, BC V6H 1C1 Each Office Independently Owned and Operated.
Karen Carter
Personal Real Estate Corporation
604.837.7325
Real Estate Market Report | February 2022
Douglas Park www.LivingDouglasPark.com
Karen@LivingDouglasPark.com www.LivingDouglasPark.com
Published by REAL Marketing (RM) | www.REALMarketing4You.com | 604.841.1739 | ©2022
BEAT THE SPRING RUSH
Now is the Time to List Your Home! The spring market is just around the corner; however, the current market is anything but normal. With continually rising prices, limited inventory, fast-paced sales, rising interest rates, and even more sellers entering the market, is it wise to list your home for sale now? What can December 2021 tell us about the coming months?
THE WINTER SURGE »
The national average sale price rose 17.7% from 2020.
»
The Home Price Index rose 2.5% month-over-month, and was up a record 26.6% over 2020.
»
3.2% fewer homes were listed for sale from November to December.
Presented by Karen Carter Your Douglas Park Real Estate Specialist
JONATHAN-THOMAS AND ANGELA-MARIE, Don’t wait until the spring market is in full swing to list your home. Take advantage of this market, and let’s develop a strategy that will earn you the most on your investment. Call me today at 604.837.7325.
As workplace flexibility and rising incomes increase purchasing power, many buyers are looking now before interest rates price them out of their next dream home. Additionally, as many homes continue to sell over asking price, more sellers can increase their initial asking price and net a higher return.
Waiting to list your home could impact your selling potential.
Now is the time to list!
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AG E N T C A R T E R
Thinking Vancouver Real Estate? Think Agent Carter!
Douglas Park | Market Report
Karen Carter
CREST REALTY
Personal Real Estate Corporation
604.837.7325
Connect with me on:
Karen@LivingDouglasPark.com www.LivingDouglasPark.com
Douglas Park | Current Market Activity Active
Sold
Douglas Park Single Family Homes Currently Listed Status
Beds
Total Baths
Finished Sq. Ft.*
Approx. List Price**
List Date
Year Built
Active
4
3
2,900
$3,400,000
10/19/21
1937
Active
5
7
2,900
$3,990,000
12/20/21
2021
Active
5
6
3,400
$4,290,000
01/17/22
2012
Active
5
5
3,300
$4,780,000
01/10/22
2019
Active
5
8
5,000
$4,990,000
09/09/21
2013
Douglas Park Townhomes & Condos Currently Listed
A visual representation of the MLS data on the right page.
Status
Type
Beds
Total Baths
Finished Sq. Ft.*
Approx. List Price**
List Date
Year Built
Active
Condo
1
1
700
$600,000
01/19/22
1989
Active
Condo
2
1
700
$700,000
01/13/22
1998
Active
Condo
2
1
900
$870,000
01/21/22
1997
Active
Condo
2
1
700
$890,000
01/17/22
2018
Active
Condo
1
2
900
$1,000,000
11/22/21
1998
Active
Condo
3
3
1,200
$1,390,000
06/17/21
2017
Active
Condo
3
2
1,100
$1,680,000
01/17/22
2017
Active
Condo
2
2
1,300
$2,100,000
01/10/22
2020
Active
Condo
2
2
1,300
$2,200,000
01/10/22
2020
Douglas Park Single Family Homes Recently Sold
©2022 Google
T O W N H O M E S & C O N D O S A C T I V I T Y | AT - A - G L A N C E
Status
Street Name
Beds
Total Baths
Finished Sq. Ft.*
Sold Date
Year Built
SP/LP
DOM
Sold
Laurel Street
6
2
2,300
12/29/21
1923
97%
110
Sold
W 17th Avenue
4
2
1,700
12/08/21
1924
84%
42
Sold
W 22nd Avenue
5
4
2,700
12/03/21
2012
99%
10
Sold
W 21st Avenue
4
4
3,000
11/25/21
1996
98%
9
Sold
W 23rd Avenue
3
2
1,800
11/16/21
1918
114%
11
Sold
W 19th Avenue
5
4
2,600
10/25/21
2004
115%
7
Sold
W 23rd Avenue
6
3
3,900
10/12/21
9999
96%
11
Sold
W 17th Avenue
4
4
2,500
09/14/21
2000
116%
12
Sold
W 20th Avenue
5
3
2,800
08/12/21
1985
111%
9
Douglas Park Townhomes & Condos Recently Sold Status
Street Name
Type
Beds
Total Baths
Finished Sq. Ft.*
Sold Date
Year Built
SP/LP
DOM
Sold
Cambie Street #605
Condo
1
1
600
11/22/21
2006
97%
6
Sold
W 17th Avenue #102
Condo
1
1
600
11/16/21
2004
122%
7
Tupper Street #218
Condo
2
2
1,200
11/03/21
2020
100%
28
$1,270,000
$925,549
12
Sold Sold
W 22nd Avenue #407
Condo
2
1
900
10/20/21
1966
108%
8
AVERAGE LIST PRICE
AVERAGE SOLD PRICE
AVG. DAYS ON MARKET
Sold
W 17th Avenue #101
Condo
1
1
600
10/18/21
1998
103%
5
Sold
Oak Street #203
Condo
1
1
600
10/12/21
2006
107%
7
Sold
Heather Street #315
Condo
1
1
600
09/23/21
2006
104%
1
Sold
Tupper Street #416
Condo
1
1
600
08/24/21
1988
102%
7
Sold
Tupper Street #410
Condo
1
1
600
08/17/21
2006
104%
7
Sold
W 16th Avenue #206
Condo
1
1
600
08/12/21
2009
96%
9
S I N G L E FA M I LY H O M E S A C T I V I T Y | AT - A - G L A N C E $4,290,000
$3,126,056
25
AVERAGE LIST PRICE
AVERAGE SOLD PRICE
AVG. DAYS ON MARKET
Due to REBGV regulations, full disclosure of all listings and sold data is only available upon request. *Rounded to the nearest hundred. **Rounded up to the nearest ten thousand. Karen Carter and RE/MAX Crest Realty are not in any way affiliated with Douglas Park Owners Association, nor is this in any way an official advertisement or publication of Douglas Park. © 2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Real Estate Board of Greater Vancouver (REBGV) as of 1/25/22. Listings and sales may not be those of RE/MAX Crest Realty. The REBGV does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. Each office independently owned and operated.