Real estate Stats for March 2011

According to the Real Estate Board of Greater Vancouver (REBGV), activity in the Greater Vancouver real estate market continued to strengthen in March. The property market has had a very strong start to the spring season, according to the monthly stats released.

Burnaby Real Estate Stats

Burnaby has seen a huge increase in property listings come on the market compared to February:
221 detached homes, 144 attached homes, and 336 apartments were listed in March.

There were also huge gains in the number of real estate sales in Burnaby in March:
160 detached homes, 103 attached homes, and 191 apartments were sold during the month.

Overall, there was a 1.4% increase in the price of property in Burnaby in March, based on sales of detached (1.9% increase) and attached homes (1.3% increase) and apartments (1% increase), based on the MLSlink Housing Price Index.

The benchmark price of a detached home in Burnaby is now $882,731, the benchmark price of an attached home is now $501,257, and the benchmark price of an apartment is now $364,847. The benchmark price is the estimated sale price of a benchmark property. Benchmarks represent a typical property within each market.

For more information, see the Real Estate Board of Greater Vancouver (REBGV) website.

Read Full Story
301-3388 Morrey Court, Burnaby has just come on the market. This residential attached apartment unit is a prime example of the kind of Burnaby real estate listings on the market today.

This spacious and sparkling clean, corner suite has a convenient layout with two bedrooms and two bathrooms on both sides of the unit. The master bedroom has a full sized bathroom with soaker tub and over-sized patio and another patio off the dining area. The apartment has an open concept kit, the dining and living area is bright and airy with loads of windows for amazing light.

Just inside the entry is a perfectly tucked away den with built in cherry oak desk and shelving. The unit has insuite laundry, storage locker and stainless steel appliances which includes a microwave. The property also comes with two parking spaces.

This property is located in Sullivan Heights--a very central of beautiful Burnaby BC, only five minutes walk to Lougheed Mall, Skytrain, recreation, and schools. SFU is just a few mins' drive or bus ride away. The unit is on the quiet side of building. Pets and rentals are allowed.

From the moment you walk through the door, you will feel like you are home.

Burnaby Real Estate Listings like this don't come along every day!

For a property in Burnaby with two bedrooms, two bathrooms, two balconies, plus two parking spots the price is unbelievable! Hurry before it's gone!

Contact me for full details and open house information.
Read Full Story