Marco Pontillo REAL ESTATE NEWS : FANTASTIC BC SALES

Marco Pontillo Marketing Properties Presents :

British Columbia Home Sales Surge up 34.16% in March 2011

British Columbia MLS residential home sales continued their upward climb in 2011 by increased 34.16% to 8,600 units in March 2011 from February’s 6,410 unit sales. This follows February’s 54.94% sales increase over January’s 4,137 unit sales on an actual month-over-month basis according to figures released today by the British Columbia Real Estate Association (BCREA).

The 8,600 residential home sales in March 2011 were 20.96% higher than actual year ago figures of 7,110 sales in March 2010. In fact, March 2011 sales surpassed every monthly sales figure from last year. The highest recorded British Columbia home sales in 2010 came in April with 8,385 units sold, sales in March 2011 easily topped that.

The BCREA report indicated that residential sales in the province climbed 11.5% on a seasonally adjusted basis in March 2011 from a year ago in March 2010.


The total BC residential MLS sales of 8,600 units in March 2011 were substantially supported by home sales in the Greater Vancouver and Fraser Valley real estate markets.

A total of 5,867 residential sales came from just two BC areas in March with 4,137 units sold in Greater Vancouver along with the 1,730 units sold in the Fraser Valley. The combined 5,867 sales from the Greater Vancouver and Fraser Valley real estate boards represented 68.22% of the total 8,600 residential units sold in British Columbia in March 2011.

“Vigorous consumer demand drove Greater Vancouver to its most active March since 2004, while the Fraser Valley had its strongest March in four years. Conversely, sales activity in other BC markets is expanding at a pace more in- line with overall economic growth,” said Cameron Muir, BCREA Chief Economist.

The following table shows the actual British Columbia Real Estate Association (BCREA) total MLS residential sales figures for each month in 2010 along with 2011 sales figures.

According to the BCREA, residential sales dollar volumes in British Columbia increased by 21% to $11.14 billion in March 2011 on a year to date basis compared to the same period last year, which saw a figure of $9.22 billion in 2010.

Residential unit sales volume from January to March 2011 increased by 4.7% to 19,147 units on a year to date basis from 18,284 over the same period in 2010.

“We continue to observe a two-speed market in BC, with surging consumer demand in Metro Vancouver overshadowing more moderate demand in other regions,” added Muir.

For more information on the North Vancouver real estate market, please call me, Marco Pontillo at 604 551 8986
Real Estate Information 24/7 with Marco Pontillo ! Proffessional Real Estate Advisor




References:
1. http://www.bcrea.bc.ca
2. http://www.buyric.com/bc-home-sales-increase-feb-2011/
3. http://www.buyric.com/bc-mls-home-sales-summary-jan-2011/

Thank you for reading, from your local realtor

Marco Pontillo Marketing Properties on the North Shore

MARKETING TIPS : unveiling tips : Real estate : MARCO PONTILLO

Good afternoon everyone !

My name is Marco Pontillo, I am a fully licensed Real Estate Advisor with Sutton West Coast Realty on the North Shore.

Just before a huge extra long weekend approaches, I want to mention a few trends that are emerging in the Real Estate Market in Greater Vancouver, especially in my farming area- North Vancouver and West Vancouver.

I want to touch on a few things I have learned in my life time with real estate - LOCATION LOCATION LOCATION !

If buyers are confident in the location of the property, they are more likely to buy over a competitive home in another area because of that specific location. Yes, of course, it includes pricing, the actual house etc....but I am being vague here and making a point !

Well, now we can add something to this....You have a home, property, condo, whatever Real Estate it may be and you are looking to sell and cash in on your investments, equity,upgrade, downgrade or whatever your goals are, you may want to consider a few things that I as a Real Estate Advisor thinks is a fantastic idea...

wait for it.................. PRICING PRICING PRICING...Its not just location location location anymore...there is an added figure to the equation to gain MAXIMUM value when selling your home in a desirable location.

Have you ever thought of pricing your property UNDER fair market value? Why would you do this? So I as a Real Estate Representative can make a fast sale and move on to the next project?

There must be more reasons?

Let me know if you agree with me here.......

You want to sell your home, maximize your sale, making the top dollar, in the most inconvenient way possible?

Marco Pontillo Real Estate Advisor answers this:

We are seeing a very HOT HOT HOT market on the North Shore and West Vancouver. According to stats, we have seen records broken, some homes selling with 24 plus different offers and selling 200k over asking if not more...The answer:

PRICE your property HOT, it will attract all the potential buyers and create a bidding war...in turn will MAXIMIZE your sale !

It is not simple, but it can be achieved with a full service Real Estate Services Agent like myself : Marco Pontillo Real Estate Advisor : Marketing Properties with Sutton west coast realty in north Vancouver !

Having a Realtor, a enthusiastic one at that, that understands network marketing, aggressive promotion and value pricing, will give you the top dollar for your home! hands down...and I truly believe in Marketing and Sales of properties...

My name is Marco Pontillo, give me a call to discuss any personal Real Estate Interests you may have in your neighbourhood!

Thanks for reading, PLEASE PLEASE PLEASE comment and lets hear if you agree or disagree and why : Thank you for reading folks

HAPPY EASTER

MP MARCO PONTILLO MARKETING PROPERTIES

Sutton West Coast

Marco Pontillo : Selling and listing homes like yours ! Call me today

style="font-size:130%;"> Meet Marco: Born on the beautiful North Shore, Marco Pontillo has a passion for Real Estate! Marco has made a commitment to represent the North Shore with professional service and knowledge. In addition to being a fully licensed Real Estate Representative and Advisor, Marco Pontillo also holds a Bachelor in Business Administration in Marketing and Sales. Marco will bring this experience and focus to every step of your unique real estate initiative. Marco actively volunteers his time to different non profit organizations to give back to the community. Marco Pontillo has made it a mandate to give a percentage of his sales to a selected organization each year. “I have been blessed with the ability to call the North Shore Home and for that I am forever grateful. ” Marco Pontillo takes pride in communicating continually with his clients, responding to their individual needs, appreciating their current property and taking a personal approach to the marketplace. Marco Pontillo’s goal is your goal, to sell your property quickly, for the best possible price and with the least amount of inconvenience. On a daily basis Marco Pontillo finds creative solutions and opens up options to provide value to you. This and his subsequent years in sales and marketing gives a distinct knowledge base and advantage over the competition. Marco personally looks forward to working with you. Best, Marco Pontillo “The North Shore is what I call home, The Real Estate market is my Passion and Marketing Properties is what I do. “ 3 main principles Marco Pontillo Marketing Properties : Service : provide excellent personable provision to all of my clients honesty: Reputable and serving the best interest of my clients and the community Expertise: The industry leader in real estate knowledge, sales and marketing I will give you results!

Real Estate News in Greater Vancouver : Marco Pontillo

Welcome to my personal blog about Real Estate in Greater Vancouver,

My name is Marco Pontillo, my passion is Real Estate and I market properties on the North Shore.

Today, a interesting report came out: Fantastic news from March!

Vancouver, BC - Activity in the Greater Vancouver housing market continued to strengthen in March with both the number of homes sold and added to the region’s Multiple Listing Service® (MLS®) reaching near record levels.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties in Greater Vancouver reached 4,080 in March 2011. This represents a 31.7 per cent increase compared to the 3,097 sales recorded in February 2011, an increase of 30.1 per cent compared to the 3,137 sales in March 2010 and an 80.1 per cent increase from the 2,265 home sales in March 2009. The all-time sales record for March occurred in 2004 when 4,371 transactions were recorded.

“Our market has had a very strong start to the spring season,” Rosario Setticasi, REBGV president said. “With home sales above 4,000 and nearly 7,000 home listings added to the MLS® in March, it’s clear that home buyers and sellers view this as a good time to be active in their local housing market.”

New listings for detached, attached and apartment properties in Greater Vancouver totalled 6,797 in March 2011. This represents a 3 per cent decline compared to March 2010 when 7,004 properties were listed for sale on the MLS®, an all-time record for March. Compared to February 2011, last month’s new listings total registered a 19.4 per cent increase.

At, 13,110, the total number of residential property listings on the MLS® increased 9.9 per cent in March compared to last month and declined 3 per cent from this time last year.

“Conditions favour sellers at the moment, but we’re seeing differences in home-price trends and overall activity depending on the region and property type,” Setticasi said.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 5.4 per cent to $615,810 in March 2011 from $584,435 in March 2010.

Sales of detached properties on the MLS® in March 2011 reached 1,795, an increase of 34.4 per cent from the 1,336 detached sales recorded in March 2010, and a 100.1 per cent increase from the 897 units sold in March 2009. The benchmark price for detached properties increased 8.3 per cent from March 2010 to $866,806.

Sales of apartment properties reached 1,622 in March 2011, a 29.6 per cent increase compared to the 1,252 sales in March 2010, and an increase of 66.2 per cent compared to the 976 sales in March 2009. The benchmark price of an apartment property increased 2.1 per cent from March 2010 to $403,885.

Attached property sales in March 2011 totalled 663, a 20.8 per cent increase compared to the 549 sales in March 2010, and a 69.1 per cent increase from the 392 attached properties sold in March 2009. The benchmark price of an attached unit increased 3.6 per cent between March 2010 and 2011 to $511,039.

Call Marco Pontillo today to discuss any real estate interests :

604 551 8986

Thank you, enjoy the market: Marco Pontillo