Lynn Valley Real Estate Market Analysis – January 2018

 

January 2018 Sales Recap

Will this Spring bring a busy real estate market? Home buyer demand seems to depend on property type over the past few months. Attached and apartment homes are in demand across Metro Vancouver while detached home buyers are facing less competition at the moment.

Here is the latest on the Lynn Valley market for January 2018.

Single Family Homes:

  • There were 5 detached homes sold in January with an average sale price of $1,632,000 (median = $1,675,000)
  • The average sale price achieved was less than list price by 1.75%
  • Detached homes that sold in January took an average of 81 days to sell (median = 40)

 

Apartments and Townhouses:

  • There were 8 attached homes sold in January with an average sale price of $846,700  (median = $868,000)
  • The average sale price achieved was less than list price by 0.41%
  • Attached homes that sold in January took an average of 57 days to sell (median = 65 days)

 

Find out more about the January Greater Vancouver stats here

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Neighbourhood News – February 2018

Hi Neighbour!

Well, the long stretch after the holidays is almost over and hopefully the Family Day long weekend will bring some much needed downtime for everyone. Right on its heels, comes Valentine’s Day celebrations to spread some love around.

Have you seen the crocuses and daffodils appearing? Hooray, Spring is getting closer. Now’s the time to book a last minute Spring Break getaway or line up some activities if you’re already booked -don’t forget to check your passport. Planning a staycation? Check out our local ideas for kids below.

Celebrate 150th plus local history at Heritage Fair!

Here’s a great community event coming your way! Canada Day celebrations continue with a fair being held on Saturday, July 15th, with lots of indoor and outdoor fun at Mollie Nye House at 940 Lynn Valley Rd. Have a look at this info from the organizers, and see you there!


Celebrate Canada’s 150th with LVSS

The Lynn Valley Services Society (LVSS) and Lynn Valley Seniors Association (LVSA) will be hosting a Heritage Community Fair at Mollie Nye House, 940 Lynn Valley Rd., on Saturday July 15 from 10 a.m. to 4 p.m. This is a free event, held in honour of Canada’s 150th birthday, will feature many local community exhibitors and exciting activities, including:

  • Heritage Activities: Games for all ages, rag doll craft demonstration and a time capsule
  • A Museum Tour on the main floor of Mollie Nye House, featuring exhibits from North Vancouver Museum and Archives that showcase the lives of early Lynn Valley pioneers.
  • Shaketown display: Come by to see our early logging days exhibit.
  • Live Entertainment including a Barbershop Quartet, Puppet Show, North Shore Celtic Ensemble, the Strolling Barbs and more.
  • Food and Refreshments: Come enjoy hot dogs, popcorn, lemonade, tea, cookies, and a cake-cutting ceremony at noon.
Author Credit | Flickr
Author Credit | Flickr

 

The fun will take place rain or shine! Free parking will be available at the Church of Latter Day Saints, at 941 Lynn Valley Road off Mollie Nye Way.  Check out the flyer (below) for more details!


Event Flyer (click to enlarge images)



602 – 1276 E 27th Street

Rancher in the Sky – High Value Assignment opportunity! Anticipated completion summer 2018. Perched on top of The Residences at Lynn Valley this 2,285 sqft 3 bdrm +den rancher penthouse is by far the most unique real estate offering this community has seen. Call for details.

Lynn Valley Real Estate Market Analysis – December 2017

December 2017 Sales Recap

Here is the latest on the Lynn Valley market for December 2017.

Single Family Homes:

  • There were 9 detached homes sold in December with an average sale price of $1,480,333 (median = $1,480,000)
  • The average sale price achieved was less than list price by 1.88%
  • Detached homes that sold in December took an average of 45 days to sell (median = 16)

Apartments and Townhouses:

  • There were 11 attached homes sold in December with an average sale price of $960,845  (median = $888,900)
  • The average sale price achieved was less than list price by 0.28%
  • Attached homes that sold in December took an average of 23 days to sell (median = 8 days)

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Neighbourhood News – January 2018

We hope that everyone heading back to school or work this week (or last!) is feeling refreshed from a happy Christmas that included some good “down” time with family and friends. Our very best wishes to you and yours for 2018!

Speaking of refreshed, we have been working away on an updated look for our LynnValleyLife website and newsletter. All the same great community info is there, but we hope that this new format puts everything right at your fingertips. Please have a look – and check out the work of our new community newshound, Robin Thorneycroft. We are delighted to welcome Robin to our team of people who love to promote all that is good about our neighbourhood!

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