Blog › January 2016

New Listing 1066 Kings Avenue, West Vancouver, BC

R2028849 - 1066 Kings Avenue, West Vancouver, BC, CANADAView my new listing for sale at 1066 Kings Avenue, West Vancouver and currently listed at $2,490,000.

New Listing in Sunny Ambleside. Renovated 5 bedroom (large) 3 bath home on a flat lot with southern exposure in desirable Ambleside. Recent updates include paint throughout, stove with hood fan, light fixtures & hot water tank. Kitchen features stainless steel appliances, new Miele dish washer & granite countertops & leads out to a large sun drenched deck with some water views. Fully fenced flat backyard with lane access. The home was substantially renovated in 2008. Close to Ridgeview elementary & West Van HS, transit, shopping, restaurants, parks, seawall and Ambleside Beach. Paved lane in back of property. Open by appointment.

New Listing 411 - 3205 Mountain Highway, North Vancouver, BC

R2028402 - 411 - 3205 Mountain Highway, North Vancouver, BC, CANADAView my new listing for sale SOLD at 411 - 3205 Mountain Highway, North Vancouver and currently listed at $595,000.SOLD

Mill House by Marcon. This Rositch Hemphill Architects designed 4 story 75 unit building is set along Hastings Creek in Lynn Valley. The building will complete in the Fall of 2016. The 2 bedroom and den apartment (915SF) is on the top floor overlooking Hastings & Creek. The home features stainless steel appliances, solid quartz countertops, open floor plan, two walk in closets, 10x11'8 deck and 10ft ceilings. The apartment includes two parking stalls & an oversized & secure private storage locker complete with roll up door. Mill House is located in the heart of Lynn Valley and is close to schools, transit, shopping, restaurants & library.

Hot North Vancouver Sellers Market Making It Difficult For Buyers and Sellers

REALTORS do not like the current market because it is becoming more and more difficult for Sellers and Buyers to actually accomplish anything.  There is no question that Sellers are benefiting.  Current market conditions are driving up prices.  Most Sellers are looking at multiple offers within a week of putting their home on the market.  The difficult part is that Sellers are also Buyers.  Yes they can sell - but can they find anything that meets their needs to purchase and how many other Buyers are they going to be competing with?  If you are selling and moving away, or purchasing an apartment, then you are likely okay.  But even the apartment market is heating up.

The solution is to buy first and then sell your home.  If you think about it, the solution becomes part of the problem, because now Sellers are waiting to find something to purchase and this drives inventory levels down even further.  If Sellers take the opposite approach and sell first, they may not be able to purchase anything.  If they are out of the market too long then they will actually fall behind, with prices continuing to raise.


North Vancouver Detached Homes

Only 104 active listings.  A good balanced market needs 400 active listings.  The year over year increase in the benchmark price is 26.6%.  The good news is that your $1 million home a year ago is now worth $1,266,000.  The North Vancouver detached home market has now been in a Seller’s market since March 2013.  Month over month, inventory levels continue to erode.

North Vancouver Apartments (Condos)

Only 117 active listings.  These numbers do not include existing or scheduled projects.  The year over year increase in the benchmark price is 9.9%.  For downsizers and first time buyers, this is still the easiest and most competitive market to buy in to.  New projects allow you to make a purchase for something that you will like and then you can sell your home 3-months prior to your possession date.  I help many clients with new project purchases.  Remember the sales person at the project showroom represents the Developer not you!  I am very knowledgeable about current and future North and West Vancouver projects.


North Vancouver Attached (Duplexes/Townhomes)

Only 48 active listings.  The year over year increase in the benchmark price is 16.6%.  We have been in a Seller’s market since February of 2014.  This market has really heated up recently because detached Buyers have turned to the attached market because detached homes have become unaffordable for a lot of North Vancouver Buyers.  The other factor is that West Vancouver also has very little attached inventory (10 active listings).


The market has become very competitive and complex.  I would be happy to give you an overview of what is happening in your neighbourhood and provide you with a free market evaluation of your home.  More importantly, we can discuss a strategy to help you become a successful Seller and Buyer in this current market.

Buying, Selling or Investing?  I can provide answers and solutions.  Friendly introductions are always welcome!!!    


Jeff Mulock    REALTOR®

Sutton Group West Coast Realty


(C)  604-512-2477

[email protected]


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