 
| |
Here are some helpful tips to ensure your home shows well and sells quickly for the highest possible price.
Click here
for the full story... |
|
| |
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. |
|
|
In this 1st Quarter market update, we'll look at what has happened in the local real estate market compared to the same period last year, and let you know what you can expect to see in the coming months. We've also got an interesting article to help you maximize the resale value of your home.
As always, feel free to pass this newsletter along to friends or colleagues you think might find the information useful and interesting. Those warm summer days are just around the corner.
|
|
|
| |
West Island Market Update
|
|
The first quarter of this year has been a transitional period for the local real estate market. With the talk of a recession and the financial crisis that has dominated the media in the last few months we got off to a very slow start to the year. The number of sales dropped by 25% compared to the same period last year and the average price of a single family home in the West Island was down approximately 5% from $310,613 to $295,464. Take a look at the table below to see how your municipality performed compared to the rest of the West Island market. Despite a slow start to the year, activity has really begun to pick up on the West Island as a whole. With interest rates at an all time low, and a renewed sense of consumer confidence in the past few weeks, we have been seeing some brisk activity, particularly in the under $500,000 price ranges.
Looking ahead, we expect to see a continued rise in inventory along with an increase in buyer activity as the weather gets warmer, interest rates remain very low and consumer confidence starts to improve.
It may be the right time to consider re-financing if you are locked into a mortgage at a higher rate. With the new federal tax credit for home renovations, it is also a great time to look at upgrading your existing property or buying something that may require some work.
Don’t list your home before meeting with Libby, Sean & Catherine to hear about our aggressive marketing strategy for a successful sale.
|
|
Year to date(Jan-March) 2009 vs (Jan-March) 2008
|
|
|
|
|
|
|
|
|
|
|
Number
of Sales
|
Average sale price
|
| Lakeshore |
|
2009 |
2008 |
% |
2009 |
2008 |
% |
| Baie d'Urfe |
|
4 |
14 |
-71.4% |
$419,375 |
$539,214 |
-22.2% |
| Beaconsfield |
|
51 |
90 |
-43.3% |
$413,719 |
$399,886 |
3.5% |
| D.D.O |
|
89 |
88 |
1.1% |
$381,601 |
$333,651 |
14.4% |
| Dorval |
|
27 |
30 |
-10% |
$335,315 |
$295,077 |
13.6% |
| Kirkland |
|
35 |
62 |
-43.5% |
$376,344 |
$397,227 |
-5.3% |
| Ile Bizard |
|
43 |
44 |
-2.3% |
$238,623 |
$343,828 |
-30.6% |
| Lachine |
|
39 |
31 |
25.8% |
$266,862 |
$258,400 |
3.3% |
| Pierrefonds |
|
119 |
155 |
-23.2% |
$275,141 |
$267,355 |
2.9% |
| Pointe-Claire |
|
64 |
75 |
-14.7% |
$281,140 |
$290,437 |
-3.2% |
| Roxboro |
|
10 |
23 |
-56.5% |
$214,025 |
$240,440 |
-11% |
| Ste. A-de-Bellevue |
|
7 |
8 |
-12.5% |
$426,000 |
$294,063 |
45% |
| Senneville |
|
0 |
3 |
-100% |
$0 |
$364,000 |
0% |
| |
|
|
|
|
|
|
|
| Off Island |
|
|
|
|
|
|
|
| Hudson |
|
11 |
31 |
-64.5% |
$449,182 |
$396,806 |
25.8% |
| Ile Perrot |
|
21 |
31 |
-32.2% |
$197,071 |
$187,319 |
5.2% |
Notre-Dame
de-I'Ile-Perrot |
|
38 |
45 |
-15.6% |
$262,829 |
$259,636 |
1.2% |
| Pincourt |
|
40 |
69 |
-42% |
$220,104 |
$211,933 |
3.9% |
| Saint-Lazare |
|
53 |
90 |
-41.1% |
$289,503 |
$290,999 |
-0.5% |
| Vaudreuil-Dorion |
|
102 |
127 |
-19.7% |
$221,519 |
$220,768 |
0.3% |
|
|
|
|
Price: $759,000
Bedrooms: 4
Bath: 2-1/2
|
Located at:
20748 GAY CEDARS
BAIE D'URFE
Spacious colonial cottage loaded with charm & character located on prestigious waterfront crescent. 15,694 sq.ft. lot
|
|
|
|
|
|
Price: $439,000
Bedrooms: 4
Bath: 2-1/2
|
Located at:
161 ALTON
BEACONSFIELD
Beautifully renovated executive cottage located within walking distance to park, school, pool and train. Move-in condition! 8,548 sq.ft lot
|
|
|
|
|
|
Price: $259,000
Bedrooms: 2
Bath: 1-1/2
|
Located at:
600 ILE BELLEVUE
ILE PERROT
Immaculate 2-bdr condo with fireplace and gorgeous water views.
|
|
|
|
|
|
|
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.
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
|
|
|
Royal LePage Elite
50, ST-CHARLES BLVD. #16
BEACONSFIELD, Quebec
H9W 2X3 |
 |
|
|
|
Copyright © 2002 Royal LePage Real Estate Services Ltd.
Not intended to solicit properties currently listed for sale. |
