Vancouver, BC – January 13, 2021. The British Columbia Real Estate Association (BCREA) reports that a total of 93,953 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2020, an increase of 21.5 per cent from the 77,350 units sold in 2019. The annual average MLS® residential price in BC was $782,027, an 11.7 per cent increase from $700,369 recorded the previous year. Total sales dollar volume was $73.5 billion, a 35.6 per cent increase from 2019.
“Housing markets across the province staged a remarkable recovery during the COVID-19 pandemic and recession,” said BCREA Chief Economist Brendon Ogmundson. “We expect considerable momentum heading into 2021.”
A total of 8,268 MLS® residential unit sales were recorded across the province in December, a record for the month and up 57.8 per cent from December 2019. The average MLS® residential price in BC was $847,600, an increase of 12.5 per cent from December 2019. Total sales dollar volume was $7 billion, a 77.5 per cent increase year-over-year.
“While 2021 is expected to get off to a roaring start, the level of supply in the market is near a record low,” added Ogmundson. “That will likely translate to considerable pressure on prices until listings pick-up.”
Total active residential listings were down 16.1 per cent to 20,725 units in December.
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New Listing: 109-831 Serle Road, Westsyde, Kamloops, BC, $479,900. Welcome to this well-kept level entry home in the sought-after Maples in Westsyde.
On the main floor you will find the bright and open concept kitchen, dining & living room perfect for entertaining. The kitchen features mahogany cabinetry, dark stainless-steel Samsung appliances, plenty of storage for all your items & an island overlooking the living room. Off the living room, step out into the private back yard where you will find a patio and fully fenced easy maintenance yard with side access. Additionally upstairs you will find the master bedroom that features walk in closet, second bedroom, 4 piece bathroom, laundry room & access to single car garage.
Downstairs you will find an oversized media room, two additional bedrooms, a second four-piece bathroom & plenty of storage space. Central vac & A/C included. Xeriscaped in the front yard, u/g irrigation & shed in the back. This is a lovely home for first time buyers or those looking to downsize.
Affordable strata fee of $123.18 per month. Pets allowed and no rentals permitted. Close proximity to schools, shopping, recreation & amenities!
New Listing: 220-760 Mayfair Street, Brocklehurst, Kamloops, BC, $349,900. Riverfront Mayfair condo with lovely southern views of the Thompson River and mountainside.
This unit has an open floor plan with large kitchen featuring stone countertops. There is a dining room space and large living room that leads to the covered patio. There are 2 bedrooms, a large master bedroom with huge walk in closet that leads to the main 4 piece bathroom. There is access to the bathroom off of the hall and master bedroom. The second bedroom is great for an office space or guest room.
Riverbend is a 55+ seniors community with on site amenities including common room, library, fitness centre, woodworking area, theatre room, hair salon, community garden and much more. This complex includes scooter parking, storage space, parking and electric car charging station.
This condo development is located steps to local shopping including grocery store, pharmacy and transportation.
Pets allowed with restrictions and rentals are allowed in this development.
Strict Covid protocols in place. Mandatory 24 hours notice for all showings. No access to common areas at this time.