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White grub damage appears as dead patches (often distressingly large) on lawn areas, and is most severe in the fall and spring.
Click here
for the full story... |
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The non-profit Royal LePage Shelter Foundation focuses on enabling women and children to live safe, healthy lives, and reach their full potential unhindered by violence. Through the contributions of our agents, brokers, and staff, we raise funds to support the West Island Women's Shelter. |
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In this 2nd Quarter market update, we'll look at what has happened in the local real-estate market compared to the first half of last year, and let you know what you can expect to see in the coming months. We've also got a helpful article on how to manage white grubs without resorting to chemical pesticides.
As always, feel free to pass this newsletter along to friends or colleagues you think might find the information useful and interesting. We hope you enjoy the rest of your summer.
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West Island Market Update
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As we make our way through the halfway point of 2008, we see that the local real estate market continues to exhibit positive growth in almost all municipalities and boroughs.
In looking at the chart below, you will note that the average price of a single family home is up in almost every area of the West Island while the number of sales has dropped compared to the same period last year. The market continues to be somewhat of a balanced one with low interest rates continuing to spur buyer activity although not at a pace that we have seen in past years. Looking forward, we expect to see the typical "summer slow-down" through July and August as the majority of buyers enjoy their summer vacations, with activity picking up again after Labour Day.
All indicators point towards a healthy fall market with modest price increases and continued buyer activity primarily among the mid to lower priced homes (i.e. under $600,000). The higher priced market continues to see a rise in inventory and we feel that this may continue to contribute to the slowdown that we have seen so far in pricier homes listed for sale across the West Island.
Don't list your home before meeting with Libby, Sean & Catherine to hear about their aggressive marketing strategy for a successful sale.
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1st Half (Jan-June) 2008 vs 1st Half (Jan-June) 2007
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Number
of Sales
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Average sale price
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| Lakeshore |
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2008 |
2007 |
% |
2008 |
2007 |
% |
| Baie d'Urfe |
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31 |
29 |
6.9% |
$465,932 |
$373,207 |
24.8% |
| Beaconsfield |
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172 |
158 |
8.9% |
$414,443 |
$394,162 |
5.1% |
| Dollard des Ormeaux |
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221 |
235 |
-6.0% |
$342,359 |
$314,777 |
8.8% |
| Dorval |
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66 |
101 |
-34.7% |
$299,802 |
$285,996 |
4.8% |
| Kirkland |
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120 |
139 |
-13.7% |
$391,659 |
$340,016 |
15.2% |
| Ile Bizard |
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98 |
109 |
-10.1% |
$327,221 |
$260,746 |
25.5% |
| Lachine |
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80 |
99 |
-19.2% |
$267,320 |
$250,279 |
6.8% |
| Pierrefonds |
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326 |
396 |
-17.7% |
$266,749 |
$256,445 |
4.0% |
| Pointe-Claire |
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169 |
203 |
-16.7% |
$291,290 |
$268,360 |
8.5% |
| Roxboro |
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45 |
34 |
32.4% |
$238,691 |
$244,992 |
-2.6% |
| Ste. Anne de Bellevue |
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15 |
28 |
-46.4% |
$295,407 |
$320,139 |
-7.7% |
| Senneville |
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6 |
5 |
20% |
$644,500 |
$1,152,080 |
0% |
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| Off Island |
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| Hudson |
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64 |
61 |
4.9% |
$405,164 |
$371,993 |
8.9% |
| Ile Perrot |
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81 |
76 |
6.6% |
$207,504 |
$199,380 |
8.9% |
Notre-Dame
de-I'Ile-Perrot |
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88 |
100 |
-12% |
$262,434 |
$248,980 |
5.4% |
| Pincourt |
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147 |
98 |
50% |
$220,841 |
$210,028 |
5.1% |
| Saint-Lazare |
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178 |
202 |
-11.9% |
$293,771 |
$293,201 |
0.2% |
| Vaudreuil-Dorion |
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257 |
283 |
-9.2% |
$224,395 |
$202,819 |
10.6% |
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Price: $639,000
Bedrooms: 4+1
Bath: 3-1/2
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Located at:
302 HENRI JARRY
BEACONSFIELD
Very spacious, modern executive cottage with Inground pool, in Prime Sherwood Location. Over 3,600 sf of living space. 7,199 sq.ft. lot
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Price: $369,000
Bedrooms: 4
Bath: 1-1/2
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Located at:
330 PENN
BEACONSFIELD
Beautifully updated 4 bedroom cottage with double garage located on child-safe street in prime Beacon Hill location. 7,096 sq.ft lot
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Price: $321,000
Bedrooms: 3+2
Bath: 1-1/2
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Located at:
493 ROUMFORT
ILE BIZARD
Immaculate, open concept 3-bdr cottage with fully finished basement, large private backyard on a quiet crescent. Move-in condition! 8,783 sq.ft. lot
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Many thanks to all of you who graciously referred us to friends, family, colleagues and neighbours. Our business is built on positive comments and referrals from people like you. We couldn't do it without you. Special thanks this month to Virginia Bell.
Please remember, if you or anyone you know is looking for a home or would like to learn more about how to maximize their return on investment when selling, just give us a call. We'd love to help.
Warmest Regards,
Libby, Sean & Catherine
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Royal LePage Elite
50, ST-CHARLES BLVD. #16
BEACONSFIELD, Quebec
H9W 2X3 |
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Copyright © 2002 Royal LePage Real Estate Services Ltd.
Not intended to solicit properties currently listed for sale. |
