Vancouver indvidual property sales details

[gse36]

That's a shame.

So sad when people lose hard earned money on real estate.

*sniff sniff*

where do you get that idea. he bought it for $703k and he's selling it far below market value. he is just a generous guy trying to lend a helping hand. even went through the work of designing the house and getting permits.

[eyesthebye]

east side

717 e61st
sold $703,500 in april 2012

$699,999 asking now
with building permit and plans.

guess a builder bailing. either that or he's just charitable.

yuk yuk yuk
good one gse.
If you think this one is a good deal go ahead and pay the 699K

Perfect, central location. Beautiful Richmond & Fraser River View! Upstairs is partially burned down. Lot value house for sale! High side of the street. Lane access, 'sold as is' no holding cost, permit is ready! Ready to build or build to suit!

The slaying came just a day after notorious Vancouver gangster Ranjit Singh Cheema, 43, was executed in a drive-by shooting in front of his parents' home on East 61st Avenue.

http://www.realestatetalks.com/viewtopi ... 55#p236109

[timber2012]

east side

717 e61st
sold $703,500 in april 2012

$699,999 asking now
with building permit and plans.

guess a builder bailing. either that or he's just charitable.

yuk yuk yuk
good one gse.
If you think this one is a good deal go ahead and pay the 699K

Perfect, central location. Beautiful Richmond & Fraser River View! Upstairs is partially burned down. Lot value house for sale! High side of the street. Lane access, 'sold as is' no holding cost, permit is ready! Ready to build or build to suit!

The slaying came just a day after notorious Vancouver gangster Ranjit Singh Cheema, 43, was executed in a drive-by shooting in front of his parents' home on East 61st Avenue.

viewtopic.php?f=8&t=58827&start=555#p236109

I think the point is - someone thought it was a good deal at $703K. Now they don't. It's called a market going down.

[Geyser]

The slaying came just a day after notorious Vancouver gangster Ranjit Singh Cheema, 43, was executed in a drive-by shooting in front of his parents' home on East 61st Avenue.

Yep, the East Side is the new West Side.

BTW, I applaud This guy's charitable endevour.

gse36 wrote:
east side

717 e61st
sold $703,500 in april 2012

$699,999 asking now
with building permit and plans.

guess a builder bailing. either that or he's just charitable.

Do you think he may have started a new trend amongst generous homeowners? Plenty of recent sales suggest so.

[HAM]

Remember how we were told to buy now or be priced out forever? Let's now say, "sell now or pay a big price forever".

Definitely a bubble!

[timber2012]

Another big over ask sale today in the east side.

Something like $80K over ask for a 25 foot lot. Sold for $1.444M.

Surprised that the realtors on the forum haven't posted yet - they probably haven't finished servicing themselves to that image just yet.

[HAM]

Another big over ask sale today in the east side.

Something like $80K over ask for a 25 foot lot. Sold for $1.444M.

Surprised that the realtors on the forum haven't posted yet - they probably haven't finished servicing themselves to that image just yet.

The realtor convinced the buyer that it's different here.

[thinktom]

....they probably haven't finished servicing themselves to that image just yet.

What a tiny, shallow little man/woman you are.

[timber2012]

....they probably haven't finished servicing themselves to that image just yet.

What a tiny, shallow little man/woman you are.

he hates name calling...unless, of course, he is doing the name calling.

What's the word..hypocrite?

[semven]

....they probably haven't finished servicing themselves to that image just yet.

What a tiny, shallow little man/woman you are.

he hates name calling...unless, of course, he is doing the name calling.

What's the word..hypocrite?

Hypocrite, Circle Jerk, whatever makes your lonely little brain cell happy Woodie

[timber2012]

I'd call Thinktom a baby but I wouldn't want to be acused of being a hypocrite.

[thinktom]

I'd call Thinktom a baby but I wouldn't want to be acused of being a hypocrite.

'Accused'.

At least this baby can spell.

[HAM]

Richmond

6619 Steveston hwy sold after 125 DOM $775,000
Assessed at $911,000

5420 warbler ave sold $753,000
Assessed $837,200

9831 Gilhurst cr sold 1,838,000
Assessed 1,984,000

10651 No 4 rd original price $828,000. Sold after 130 DOM $675,000
Assessed $784,3000

1 year ago this would not have been seen. Now it's a trend.
Most Richmond homes are going for below assessment. Almost 1200 sfh and 43 sold so far this month.

Van west is doing much better than Richmond. Total listings 1083, sold so far 47.

Van west

2681 McBain ave list $1,995,000 reduced to $1,599,000. Sold after 102 DOM for $1,525,000
Assessed $2,234,300

1996 Sasamat st list $3,390,000 reduced $2,999,000 sold $2,511,500
Assessed $3,127,000

4463 w 16 ave lit $1,198,000 sold $1,150,000
Assessed $1,434,000

716 w 49 ave sold $1,400,000
Assessed $1,500,000

2288 w 45 ave sold $1,410,000
Assessed $1,605,000

These listings are the lucky ones that sold. The rest, they will sit and rot on the market returning with deep reductions in order to adjust to tomorrows market of an additional 10-15% haircut. Then another 10-15%, then another, then etc...........

[vanpro]

Yup. Sept/12 sales are tracking to be lowest in the last 15 years (even lower than disastrous Sept/08 during the onset of the worldwide financial crisis), listings keep piling on (even though "no one needs to sell in Vancouver"), unsold inventory keeps swelling and MOI is on track to hit near 13 by the end of this month!

http://vancouverpeak.com/groups/data-ho ... #post-2603

[HAM]

Yup. Sept/12 sales are tracking to be lowest in the last 15 years (even lower than disastrous Sept/08 during the onset of the worldwide financial crisis), listings keep piling on (even though "no one needs to sell in Vancouver"), unsold inventory keeps swelling and MOI is on track to hit near 13 by the end of this month!

http://vancouverpeak.com/groups/data-ho ... #post-2603

What will happen is we will see a handful of sellers that have purchased years back and now taking the opportunity to cash out. If anyone bought before this boom, they will have flexibility vs the ones that bought during the boom. So all those boomers out there are set to retire and will take any price to sell. This will add competition and there is no way a recent young buyer can match. Some sellers are taking a small loss now to prevent from further loss later down the road.