Hello and welcome to our October 2013 newsletter at Pinnacle Group Marketing. Now that we’ve all enjoyed the Thanksgiving Day weekend, we can take a break from the festivities until at least Halloween. Thank you for taking the time to read this quick update, we hope that it proves to be informative for you.
HighlightsResidential real estate buying and selling activity across the Lower Mainland in 2013 was very strong over the summer months with home sales increasing by +52.5% in August and +40.4% in July over last year. Demand for properties was just as good as our summer weather this year which was fantastic. Last month, sales shot up +63.8% in September 2013 as market activity continued to push higher. Some segments of the market have seen supply dwindle as buyer activity continues to outpace 2012 figures.
At PGM, our marketing efforts are geared to helping you achieve your real estate buying and selling goals. Whether you’re looking to invest, downsize, upsize, or relocate, we can help.
SOLD: 3377 Senkler Road, Belcarra, BCPGM is proud to announce that our listing at 3377 Senkler Road in Belcarra was Sold in September. Offered at $2.398 million, this listing achieved the second highest recorded MLS sale in Belcarra this year! This spectacular oceanfront property featured 105 feet of waterfront with a private dock and sensational views overlooking Bedwell Bay.
The Mila – 823 Ioco Road, Port Moody, BC – Offered at $1,998,800Rarely do you find a brand new luxury home built with a level of consummate detail and skilled craftsmanship, as you will find at The Mila, the latest offering by York & Christopher Fine Homes. Created with the old world tradition of handcrafted perfection reflecting the values of pristine contemporary architecture, The Mila draws influence from the designs of both French and English Chateaus.
3rd Annual “Ladies Night In” EventWe are pleased to announce that this years Ladies Night In Event event raised $11,500 for Cancer Research bennefiting the BC Cancer Foundation & ReThink Breast Cancer. Andrea Jauck of PGM along with co-host Lisa Marsden would like to thank everyone for ‘making a difference’ by attending this years charity fundraising event. Thank you!
Design, create, inspire and build to the highest standard. That is the sense of purpose and the principle of outstanding workmanship and master craftsmanship realized by York & Christopher Fine Homes to construct The Mila.
This exquisite residence features 6,157 sq. ft. over 3 levels with 7 beautiful bedrooms, each with their own theme as well as 6 bathrooms and a magnificent master retreat with a gorgeous spa like ensuite that offers a stand alone tub and an oversized sparking granite shower with rain-head that is a perfect private sanctuary with inspired inlet views over the water. The open concept plan offers spectacular windows throughout creating a natural light atmosphere that creates a distinct feeling of luxurious comfort and livability with the ambiance of a private resort.
3037 Bristlecone Ct, Coquitlam, BC – Offered at $1,488,800This is the one you have been waiting for in Westwood Plateau! From the moment you step into this stunning 6-bedroom home you will be amazed with the modern renovations from top to bottom. Offering seamless flow and consistency in design throughout, each room is sure to impress. You will fall in love with the dazzling front entrance and its magnificent chandler and extensive upgrades including a glass-railed staircase, modern contemporary cabinetry, black oak hardwood flooring, decorative designer gas fireplace facades and special lighting designs throughout the home.
The impressive gourmet kitchen offers top of the line GE Monogram appliances, a subzero 48″ fridge and double wall oven. Upstairs features four oversized bedrooms including an elaborate master retreat and stunning contemporary bathrooms with rain showerheads throughout. Downstairs offers additional bedrooms, a home theatre and a large exercise/games room that can possibly be converted to a suite. This home also includes a new Navion Gas Boiler/Hot Water System, Radiant heating, new silhouette window blinds and lots of built in closet cabinetry. All this and more, a quiet cul- de -sac location backing on to a lush greenbelt completes this exquisite residence.
111-2477 Kelly Ave, Port Coquitlam, BC – Offered at $289,900This private ground level 2 bedroom and 2 bath Condo is located in the contemporary South Verde by Onni. You will love the cozy open floor plan with 9 foot ceilings featuring an oversized master bedroom with a walk in closet and a master bath with soaker tub. The designer kitchen is complete with stainless steel appliances adjacent to the family room. A spectacular 150 sq. ft. private patio offers plenty of space for your barbecue and outdoor entertaining.
302-300 Klahanie Port Moody, BC – Offered at $329,900Port Moody Inlet View!!! Enjoy the beautiful Inlet view from this spacious 2 bedroom and 2 bathroom condo in the heart of Klananie. Take advantage of all this location has to offer including the awesome recreation facilities at the 15,000 sq. ft. ‘Canoe Club’ with its outdoor heated pool, hot tub, gym, complete with tennis and basketball courts. The inlet trails are just across the street and you are just minutes from the shops and restaurants of Newport Village and Sutter Brook.
206-545 Sydney Ave, Coquitlam, BC – Offered at $214,800Better than new, with almost $40,000 of designer quality renovations, this 1 bedroom and 1 bath Condo near Lougheed Mall is a must see!!! Featuring beautiful ceramic tile flooring, European made Baffin Bay Hickory laminate flooring, a new custom kitchen with stainless steel appliances and a bathroom with designer accouterments, you are sure to be impressed. This ideal location is just a block from Austin Avenue and Lougheed Mall with all the shops and restaurants and the nearby SkyTrain station.
Market UpdateThe Real Estate Board of Greater Vancouver released their September 2013 residential home sales statistics on October 2, 2013.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,483 on the Multiple Listing Service® (MLS®) in September 2013. This represents a +63.8% increase compared to the 1,516 sales recorded last year in September 2012.
“It’s important to remember that stronger sales activity does not necessarily equate to rising home prices. In fact, home prices have not fluctuated much in our market this year,”says Sandra Wyant, REBGV president.
The MLS® Home Price Index composite benchmark price for all residential properties in Greater Vancouver is currently $601,900. This represents a decline of 0.7 per cent compared to this time last year and an increase of 2.3 per cent compared to January 2013.
Click Here for a full report.
3rd Annual “Ladies Night In” EventWe are pleased to announce that this years Ladies Night In Event event raised $11,500 for
Cancer Research bennefiting the BC Cancer Foundation & ReThink Breast Cancer. Andrea Jauck of PGM along with co-host Lisa Marsden would like to thank everyone for ‘making a difference’ by attending this years charity fundraising event. Thank you!
Radio Real Estate ShowListen to Andrea Jauck of PGM weekly, on the Radio Real Estate show with Tom Lucas and Sheri Brown, every Saturday morning from 10:00-11:00am on AM650 radio across the Lower Mainland.
ContactIf you, a family member, or a friend have any questions or would like to discuss your real estate needs, please do not hesitate to contact me directly.
I look forward to hearing from you!
Andrea Jauck / Pinnacle Group Marketing