CREST REALTY
RE/MAX Crest Realty 1428 W 7th Avenue Vancouver, BC V6H 1C1 Each Office Independently Owned and Operated.
Real Estate Market Report | July 2022
ATTENTION POSTMASTER: Time Sensitive Materials
Douglas Park
Karen Carter
Personal Real Estate Corporation
604.837.7325
www.LivingDouglasPark.com
Karen@LivingDouglasPark.com www.LivingDouglasPark.com
Published by REAL Marketing (RM) | www.REALMarketing4You.com | 604.841.1739 | ©2022
DOUGLAS PARK FEATURED LISTING Call for a Private Tour 660 W 21st Avenue Located just half a block from Douglas Park and steps to Cambie Street shops, cafes, and the Skytrain. This home has an incredible rooftop deck and a yard that is perfect for entertaining or relaxing in the evening. This 28 year old home is 2,575 square feet, making it a perfect family home with three bedrooms on the same floor, a one bedroom rental suite, and a two-car garage.
Offered at
$3,480,000
Presented by Karen Carter Your Douglas Park Real Estate Specialist
Scan to learn more about this fabulous property!
Dear Leonardo and Angelica, If you would like your home professionally marketed and featured in my publications, which are mailed to hundreds of potential buyers every month, call me at 604.837.7325.
FOR YOUR APPROVAL By signing this approval, you are agreeing to the document as it stands. DocuSign Envelope ID: C2AFA397-60EB-4424-BC44-1CFE00B5546F Please be sure to proofread it, and ensure all the information is correct.
IT IS YOUR RESPONSILIBITY TO CAREFULLY PROOF THIS JOB. Your job will not be sent to the printer if a signed copy is not returned.
Signature: _____________________________
Prepared Especially for Leonardo and Angelica Washington
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AG E N T C A R T E R
Thinking Vancouver Real Estate? Think Agent Carter!
Karen Carter 604.837.7325
Karen@LivingDouglasPark.com www.LivingDouglasPark.com
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What a
READJUSTING MARKET Means for You
Headlines report current market conditions that may leave you with more questions than answers. The past two years were record-breaking in nearly every way. Record-low mortgage rates, an influx of buyers, sellers waiting to list, and years of under-building created the most unique market.
This combination led to record-high demand and record-low supply, but wouldn’t be sustainable long term.
Douglas Park Single Family Homes Currently Listed Status
Beds
Total Baths
Finished Sq. Ft.*
Approx. List Price**
List Date
Year Built
Active
3
2
2,000
$2,750,000
06/08/22
1914
Active
3
3
2,600
$2,800,000
06/07/22
1914
Active
4
4
2,500
$2,950,000
06/14/22
1985
Douglas Park Townhomes & Condos Currently Listed Status
Type
Beds
Total Baths
Finished Sq. Ft.*
Approx. List Price**
List Date
Year Built
Active
Condo
2
2
800
$730,000
05/31/22
1985
Active
Condo
2
1
900
$800,000
06/20/22
1997
Active
Condo
2
2
900
$1,300,000
05/03/22
2020
Active
Condo
2
2
1,000
$1,400,000
06/20/22
2020
Active
Condo
3
2
1,200
$1,800,000
06/21/22
2019
Active
Condo
2
2
1,200
$1,900,000
03/01/22
2019
Active
Condo
2
2
1,300
$2,140,000
04/15/22
2020
Douglas Park Single Family Homes Recently Sold
HOME SHOWINGS 2019 gave a good baseline of pre-pandemic levels. Showings skyrocketed during the pandemic, and while current demand has begun to moderate slightly, showings are still above 2019 and 2020 levels.
THE EXPERTS SAY IT BEST “This has been expected and forecast for some time — A slowdown to more normal levels of sales and a flattening out of prices.” —CREA Chief Economist
Leonardo and Angelica, The real estate market is changing – if you’ve thought about making a change and moving into your next dream home, call me today at 604.837.7325. Let’s discuss your options!
Douglas Park | Market Report
CREST REALTY
Personal Real Estate Corporation
THE MARKET ISN’T CRASHING IT’S A TURNING POINT THAT’S MOVING BACK TOWARD MORE PRE-PANDEMIC LEVELS.
Status
Street Name
Beds
Total Baths
Finished Sq. Ft.*
Sold Date
Year Built
SP/LP
Sold Sold
DOM
Ash Street
8
4
3,700
06/17/22
1908
90%
3
W 19th Avenue
4
3
2,600
05/17/22
1911
99%
15
Sold
W 23rd Avenue
4
4
2,800
05/02/22
1912
100%
13
Sold
W 19th Avenue
5
4
3,300
04/11/22
2020
111%
7
Sold
W 21st Avenue
5
2
2,300
04/07/22
1912
99%
8
Sold
W 19th Avenue
4
2
1,900
04/07/22
1955
100%
8
Sold
W 18th Avenue
4
4
2,200
02/27/22
2014
100%
13
Sold
Laurel Street
5
3
2,300
02/25/22
1928
107%
11
Sold
W 24th Avenue
3
4
2,000
02/13/22
2004
104%
13
Douglas Park Townhomes & Condos Recently Sold Status
Street Name
Type
Beds
Total Baths
Finished Sq. Ft.*
Sold Date
Year Built
SP/LP
DOM
Sold
W 22nd Avenue
Condo
1
2
1,000
06/06/22
1998
100%
25
Sold
Heather Street
Condo
2
2
800
05/30/22
1998
97%
21
Sold
Tupper Street
Condo
1
2
1,000
05/25/22
2006
95%
7
Sold
Tupper Street
Condo
1
1
600
05/15/22
2006
99%
5
Sold
W 17th Avenue
Condo
2
2
1,300
05/13/22
2020
100%
4
Sold
Oak Street
Condo
2
1
800
05/11/22
1967
101%
9
Sold
W 17th Avenue
Condo
2
2
1,300
05/06/22
2020
97%
36
Sold
Tupper Street
Condo
2
2
900
05/04/22
2006
101%
2
Sold
W King Edward Avenue
Condo
2
2
800
04/28/22
2019
98%
7
Sold
W 17th Avenue
Condo
2
2
1,300
04/15/22
2020
98%
15
Sold
W 22nd Avenue
Condo
1
1
600
03/25/22
2004
100%
1
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 06/27/22. 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.