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WEEKLY REPORT, NOV 5 - 11, 2013

RE/MAX Oceanview Realty    5686 Cowrie St.

                            Kiosk, Trail Bay Mall Weekly REPORT  Nov. 5 - Nov. 11, 2013   

We’ve been discussing how some features of real estate, like charges on title, are not readily apparent. An easement is just such a charge. An easement is a legal notation on the title commonly used to grant access from one property over another. A driveway crossing one property to service another would be an example of an easement. Easements generally run with the land – that is, they stay in place even after the property changes hands. They most often remain in place in perpetuity, unless the parties to the easement agree to de-register it. Your professional Realtor knows an easement is something you need to know about early on in the consideration of the property.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK:  5  [SUNSHINE  COAST, ALL OFFICES]

DETACHED

ATTACHED

LAND

OTHER

3

2

0

0

PRICE RANGE

0 - 300K

$300K - $500K

$500K - $1M

$1M+

1

3

1

 

AREA

PENDER H.

HALFMOON B

SECHELT

ROBERTS C

GIBSONS

0

2

1

0

2

 NEW LISTINGS THIS WEEK: 45                 PRICE REDUCTIONS

DETACHED

ATTACHED

LAND

3636

        13

14

28

3

 

 

CURRENT LISTINGS:  1116

DETACHED

ATTACHED

LAND

LOW – HIGH

589

158

369

745   -   1390

 

DET’D  SALES to LIST  RATIO*:    =  5%  [ADADDD

                   0%                        15%                22%

SALES /

LISTINGS

RATIO

 BUYERS

MARKET

 

BALANCED

       SELLERS 

        MARKET

 

4 WEEKS

 

     5%

 

         

*The Sales/Listings Ratio is a guide to market conditions. 4 weeks det’d sales/current det’d inventory. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 favours sellers.

 

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