Marco Pontillo

Summer housing market trends toward balance after an active spring season


MARCO PONTILLO Real Estate Marketing Properties



VANCOUVER, B.C. - -Home sellers outpaced buyers on Greater Vancouver's Multiple Listings
Service® (MLS®) in June, drawing the market back toward balance this summer.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 3,262 in June, a 9.8 per cent increase compared to the 2,972 sales in June 2010 and a 3.4 per cent decline compared to the 3,377 sales in May 2011.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,793 in June. This represents a 4.5 per cent increase compared to June 2010 when 5,544 properties were listed for sale on the MLS® and a 2.3 per cent decline compared to the 5,931 new listings reported in May 2011.

Last month's new listing total was 9.8 per cent higher than the 10-year average for June, while residential sales were 7.3 per cent below the ten-year average for sales in June.

"With sales below the 10-year average and home listings above what's typical for the month, activity in June brought closer alignment between supply and demand in our marketplace," Rosario Setticasi, REBGV president said. "With a sales-to-active-listings ratio of nearly 22 per cent, it looks like we're in the upper end of a balanced market."

At 15,106, the total number of residential property listings on the MLS® increased 3.1 per cent in June compared to last month and declined 14 per cent from this time last year.
The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 8.7 per cent to $630,921 in June 2011 from $580,237 in June 2010. "The largest price increases continue to be in the detached home market on the westside of Vancouver and in West Vancouver," Setticasi said. "Since the end of May, the benchmark price of a detached home rose more than $147,000 on the westside of Vancouver and over $80,000 in West Vancouver. Detached home prices in Richmond,
however, levelled off slightly, declining $25,000 in June."


Sales of detached properties on the MLS® in June 2011 reached 1,471, an increase of 29.1 per cent from the 1,139 detached sales recorded in June 2010, and an 11.8 per cent decrease from the 1,667 units sold in June 2009.

The benchmark price for detached properties increased 13.4 per cent from June 2010 to $901,680. Sales of apartment properties reached 1,266 in June 2011, a 0.6 per cent increase compared to the 1,258 sales in June 2010, and a decrease of 29.3 per cent compared to the 1,790 sales in June 2009. The benchmark price of an apartment property increased 3.5 per cent from June 2010 to $405,200. Attached property sales in June 2011 totalled 525, an 8.7 per cent decrease compared to the 575 sales in June 2010, and a 34.5 per cent decrease from the 802 attached properties sold in June 2009. The benchmark price of an
attached unit increased 6 per cent between June 2010 and 2011 to $522,424.


MP MARCO PONTILLO MARKETING PROPERTIES REAL ESTATE

The real estate industry is a key economic driver in British Columbia. In 2010, 30,595 homes changed ownership in the Board's area, generating $1.28 billion in spin-off activity and 8,567 jobs. The total dollar value of residential sales transacted through the MLS® system in Greater Vancouver totalled $21 billion in 2010. The Real Estate Board of Greater Vancouver is an association representing more than 10,000 REALTORS® and their companies. The Board provides a variety of member services, including the Multiple Listing Service®. For more information on real estate, statistics, and buying or selling a home, contact a local REALTOR® or visit http://www.rebgv.org/.



Marco Pontillo
"The North Shore is what I call home, The Real Estate market is my Passion and Marketing Properties is what I do. "

3 main principles Marco Pontillo | Marketing Properties :

Service : Provide excellent personable provision to all of my clients

Honesty: Reputable and serving the best interest of my clients and the community

Expertise: The industry leader in real estate knowledge, sales and marketing

I will give you results! .......gauranteed!

Thank you for reading Marco Pontillo | Marketing Properties Blog for July ...

If you or anyone you know wishes to have very personalized service in the real estate market, please give me a call...would love to hear from you!

WELCOME

MP Marketing Properties Sutton West Coast Realty

Current Market Stats for North Vancouver.

There are currently 604 attached homes for sale in North Vancouver including apartments, townhomes, duplex and triplex properties. The price range is from $156,500 for a studio in Central Lonsdale to $2,498,000 for a three bedroom 1769 square foot ocean view apartment in Lower Lonsdale unit #1008 133 E. Esplanade.

The average days on market is 22 days. There have been 10 price increases and 164 price reductions with an average reduction form 1% to 29% with the average reduction of 3.4%.

NUMBER OF BEDROOMS IN NORTH VANCOUVER FOR SALE

Studio 17
One Bedroom 203
Two Bedroom 278
Three Bedroom 89
Four Bedroom 15
Five Bedroom 2

Attached listings by market area in North Vancouver

Blueridge - 1
Capilano Highlands - 6
Canyon Heights
Capilano - 2
Central Lonsdale - 133
Deep Cove - 4
Delbrook - 1
Grouse Woods - 3
Hamilton - 37
Indian River - 5
Lower Lonsdale - 209
Lynn Valley - 23
Lynnmour - 15
Norgate - 31
Northlands - 6
Pemberton Heights - 11
Pemberton - 36
Roche Point - 45
SeymoUpper Delbrook - 5
Upper Lonsdale - 17
Westlynn - 4
Windsor Park - 1

Price Range of North Vancouver Attached Homes For Sale

$ 100,000 - $250,00 - 33
$ 251,000 - $350,000 - 131
$ 351,000 - $450,000 - 163
$ 451,000 - $650,000 - 144
$ 651,000 - $850,000 - 87
$ 851,000 - $1. million - 15
$ 1 - $2.5million - 42

If you are looking into the attached dwelling market in North Vancouver, Please give Marco Pontillo Marketing Properties a call to discuss further.

CURRENT LISTING : Powered by MP Marco Pontillo Sutton West Coast Realty Marketing Properties

Offered at $339,000

FANTASTIC INVESTMENT! This central located two bedroom apartment has incredible value. Over 900 SF of living space with a beautiful large walk out garden patio from both the main living room and the master bedroom is extraordinary. In this well maintained building, this unit has a pantry in the kitchen for extra storage, a wood burning fireplace with a beautiful rock finish, a underground secured parking space and pets are welcomed. Take advantage of this fabulous opportunity to own this adult oriented apartment at an unbeatable price with a exterior face lift at no cost to you. Steps to all of the conveniences of the Lonsdale corridor offers...Endless possibilities and priced to SELL! A pleasure to show. Call Marco Pontillo today for your showing!

MP Marco Pontillo Sutton West Coast Realty Marketing Properties 604 551 8986

It is important that every purchase is completed in the least amount of stress and inconvenience to all parties. Whether it is a question on the eve of your move in date or a current market evaluation of your home in the following years - I am there for you!

I look forward to building a personable relationship with you !

Best,

Marco Pontillo

"The North Shore is what I call home, The Real Estate market is my Passion and Marketing Properties is what I do. "

3 main principles Marco Pontillo Marketing Properties :

Service : provide excellent personable provision to all of my clients

Honesty: Reputable and serving the best interest of my clients and the community

Expertise: The industry leader in real estate knowledge, sales and marketing

I will give you results!

Welcome to my blog post : MP | Marketing Properties on the North Shore, BC, CANADA.

Real Estate is very local by nature, and every economy is different. Vancouver, British Columbia is experiencing an influx of buyers in some areas such as North Vancouver, West Vancouver, Richmond and the West Side. Some of these places are seeing multiple offers and sold signs in hours!

Having said this, there are always creative ways to improve your chances and getting top dollar for the sale of your property! Marco Pontillo : Marketing Properties believes there are secret tips that can gain you more money in your pocket!

MP: Marketing Properties has 7 ways to make it easier to sell your home and make a smooth transaction from one owner to the next.

1. Maintain Neutrality
2. Less Is More
   
3. That New House Smell
   
4. Pay Attention to the Details
   
5. Maximize Your "Curb Appeal"
   
6. Don't Get Too Personal
   
7. Take Care of Repairs
   

First impressions can make the difference between a sale or a higher netted sale. Keeping things simple can give you a leg up on similar houses on the market.

If you would like MP| Marco Pontillo to go through these in detail, email me mpontillo@shaw.ca for further information!

Thank you for reading Marco Pontillo Marketing Properties Blog

Listing for sale in North Vancouver

Marco Pontillo Proudly presents and markets:

141- West 13th Street - Central Lonsdale North Vancouver, BC, Canada

This centrally located two bedroom apartment has incredible value. Over 900 SF of living space with a private large walk out patio from both the main living room and the master bedroom. Take advantage of this fabulous opportunity to own this apartment at an unbeatable price with a exterior facelift at no cost to you. Steps to all of the conveniences of the Lonsdale corridor offers...this will not last long! Endless possibilities and priced to SELL! Call me 6045518986

Offered at $339,000

MP| Marketing Properties

Home Evaluation & Pricing

My goal is to achieve the maximum selling price for your home within a reasonable short period of time on the market.

Get maximum value for your home with MP's 5 point selling plan

Precise Evaluation

MP| Marketing Properties unique home value analyser is based on current market data, trend analysis and knowledge. By combining a comprehensive property evaluation and my in-depth comparative market analysis, then adjusting for current trends and price factors, I can establish an exact market value of your property.

Aggressive Promotion

Marco Pontillo|Marketing Properties is based on a unique selling system to gain top dollar for your home. It is essential to ensure to my clients that I will gain the most exposure to the market as possible. My website is one of many examples in which showcase my featured properties online to the world 24/7, 365 days a year. I constantly look for innovative avenues both online and offline, to gain maximum exposure with the purpose of attracting an influx of international and local buyers.

Extreme Proficiency

MP| Marco Pontillo is devoted to providing extensive information and advice on all real estate interests. In the real estate world, I strongly believe the marketplace changes so rapidly, therefore I review daily reports to prepare myself to assist you in one of the biggest transactions of your life.

Profound Negotiation

Marco Pontillo | MP focuses on responsibilities to make sure your interests are at the highest priority. Whether you are a purchaser or buyer, my job is not complete until you are completely satisfied. I keep your interests in the forefront of the negotiations, leaving you with a worry free positive experience. Before I proceed with any contract, you will have to be 100% confident before going to the next step.

Courteous Follow up

Marco Pontillo| MP is continually communicating to his clients in this 5 step unique selling process, whether it is phone, email, SMS messaging, or a personable meeting virtually 7 days a week. Rest assured, I will be there for you!

Added Services MP | Marketing Properties |Marco Pontillo include:

Property Consultation

Comparative Market Analysis

Market Trends

Pricing Factors

Summary Analysis

Start Your New Home Search

Marco Pontillo | Selling and Listing your property

• My unique systems will allow you to receive the best service.

• My knowledge and skills will provide you with the correct information and advice.

• My innovative marketing strategies will help you to achieve the best results.

And my cutting edge technology will allow your home to receive mass exposure.

Regards,

Marco Pontillo

Current Listing : 13th Street - North Vancouver, BC. CANADA MLS

Offered at $344,900

This central located two bedroom apartment has incredible value. Over 900 SF of living space with a beautiful walk out garden patio from both the main living room and the master bedroom is extraordinary. In this well maintained building, this unit has a pantry in the kitchen for extra storage, a wood burning fireplace, a underground secured parking space and a storage locker. Take advantage of this fabulous opportunity to own this apartment at an unbeatable price with a exterior facelift at no cost to you. Steps to all of the conveniences of the Lonsdale corridor offers...this will not last long! Endless possibilities and priced to SELL!

www.MarcoPontillo.com

"The North Shore is what I call home, The Real Estate market is my Passion and Marketing Properties is what I do. "

WELCOME : Buying a home with Marco Pontillo : Marketing Properties !

Proudly Marketed :

LOCATION LOCATION LOCATION

2 Bedroom 918 sf Outdoor Patio

This centrally located two bedroom apartment has incredible value. Over 900 SF of living space with a private large walk out patio from both the main living room and the master bedroom. Take advantage of this fabulous opportunity to own this apartment at an unbeatable price with a exterior facelift at no cost to you. Steps to all of the conveniences of the Lonsdale corridor offers...this will not last long! Endless possibilities and priced to SELL! Pets are welcome : FANTASTIC INVESTMENT IN NORTH VANCOUVER

Call me 604 551 8986

$339,900

Buying a home is a big decision, that's why I am here every step of the way

1) Prepare -your home wish list and financing

Whether you're buying your first home, investing or downsizing for retirement, it is essential to set parameters on what is desired. I will assist you in doing this with extensive research on market trends, amenities, neighbourhoods and access to financing professionals to prepare you for the ultimate deal.

2) Search- how to find the right home for you

I have an extensive network that alerts me when a home is officially listed, ensuring you to view all properties listed.

3) The deal -making an offer and negotiating process

It's my responsibility to provide the motive to accept your offer, rather than a competing offer. Negotiations are the solution to any business dealings - I will personally make sure you will benefit!

4) Closing- completing the home purchase process

It is important that every purchase is completed in the least amount of stress and inconvenience to all parties. Whether it is a question on the eve of your move in date or a current market evaluation of your home in the following years - I am there for you!

I look forward to building a personable relationship with you !

Best,

Marco Pontillo Sutton West Coast Realty

604 5518986