Tuesday, November 18, 2014

Agassiz's Pioneer Park in November



Downtown Agassiz shares Pioneer Park with the Agassiz-Harrison Museum and the Agassiz Harrison Observer newspaper other than that it is a block long walk in an awesome urban forest.  Here the trees, some 80 feet in height, gracefully tower over grass yards, playgrounds and picnic benches - providing shade in summer and wonderful fall showing of colour.  Canada day celebrations are held here and recently a portion of the park was used for the Wayward Pines movie set.  Reseeded, the park is once again open for visitors.


Agassiz Harrison Museum and CP Caboose ©

The many tree species found here and most are unique to the area and identified by plaques. There are European Copper Beech, Acer Maple, Dutch Elm, Oak, Akebono Cherry and the London Plane deciduous trees just to mention a few.




Pioneer Park details © Stephen Mullock

I am so pleased that whomever selected these trees chose these now giant deciduous trees.

There is a well known correlation in real estate between "green spaces" and property values.  Tree plantings can add aesthetic beauty throughout the seasons and a sense of grace year round.  Even now, many bare of their leaves they remain majestic.

Imagine living here...take a walk in the park


All pictures © Stephen Mullock


Stephen Mullock
is an award winning full-time real estate specialist with 30 years of experience and hundreds of sales. Thinking of buying or selling real estate in the Fraser Cheam communities of Chilliwack, Agassiz or Harrison Hot Springs? Contact Steve (click here) of Royal LePage Wheeler Cheam Realty for experience, local knowledge and friendly service you’ll be happy you did.

Wednesday, November 12, 2014

Maple Memories in Scarlet


This time of year we see some pretty spectacular fall colour in the Chilliwack, Sardis, Agassiz and Harrison Hot Springs areas but not a lot of red maples unless you have planted them.



Our very stately Norwegian maple was planted some 24 years ago in our back yard. During the spring and summer, the leaves are green providing us with privacy. In the autumn, the leaves are transformed into the most beautiful scarlet.





I love catching a glimpse of its blaze of colour from the interior of our house - it is a fantastic backdrop.

Of course, deciduous trees have to be raked and this can mean a couple of hours of work outside.  I picked the bright sunny, but somewhat blustery day we had yesterday for the job.  Usually I have helpers but not this year, everyone was away, getting some early Christmas shopping in at the Circle Craft show in Vancouver.  In years past, I have taken a number of photographs of my family being buried in a leaf mound or lying on top of them.  There might even be one of my daughter Emily with her published children's book "Go Away Unicorn" down then left side column of this blog.

This year however, it was just me, my camera, a rake and a big tree....




Turns out raking with someone else IS a lot more fun.  I recommend never doing this alone. Some jobs need more than one person.  For example, when I jumped into a big pile of crunchy leaves - there was no one to see it. :(  

Maybe I should have taken a selfie.

Selfie in Maple©


Enjoy these beautiful fall days we having, what a great place to live.

  • FYI - raking up leaves will ensure that your property does not appear neglected.  Grass needs oxygen and sunlight for proper growth. Leaf removal will also ensure that garden pests will not find refuge in the decaying plant materials affecting the health of the next year's yard. 

 All pictures © Stephen Mullock



Imagine living here....

Stephen Mullock
is an award winning full-time real estate specialist with 30 years of experience and hundreds of sales. Thinking of buying or selling real estate in the Fraser Cheam communities of Chilliwack, Agassiz or Harrison Hot Springs? Contact Steve (click here) of Royal LePage Wheeler Cheam Realty for experience, local knowledge and friendly service you’ll be happy you did.

Monday, November 10, 2014

Sardis Park - My Fall "Walk About"


Sardis Park is a 5 ha (12.28 acres) park complete with a lovely circular path, some play equipment for the kids and a lot of birds.  I took a "walk about" this past week hoping to capture some fall colours.


Sardis Park© Stephen Mullock
Chilliwack is rich with parks both small and large. All are worth exploring with the family. There are 17 "major", 6 "nature" and 96 "neighbourhood" parks in total.  These open spaces are an important part of Chilliwack's charm as a family community.

"Sardis Park" is one of the "major" parks and is surrounded by a wonderful and sought after residential neighbourhood.  It is an area that I quite often short list for my buying clients based on a number of superior locational attributes.  I have to admit I also like this area because I have a lot of fond memories growing up here - even swimming in this man made pond when it was still allowed.

Let's take a walk.




The place name "Sardis" was selected by Mrs. Vedder back in 1887, who when asked to provide a moniker, opened the Bible and choose "Sardis" the Fifth Church of the seven Churches of Revelations.



It had originally operated as a gravel pit, but, I heard the operators struck a "spring" and the pit gradually filled with water.




There are plenty of birds and at this time of year large flocks of Canada Geese descend to rest on their journey southward. Plenty of honking can be expected as these visitors are a little bit nervous around people and can really work themselves up.  Don't get alarmed if they take flight - it's not you - it's them.

The ducks are a different story.  Whether watching them catch dinner amidst a swirl of colour or catching the last rays of sunset on a log - they are delightful to watch. 

The park has changed with the times. The noisy days of summers past have been replaced with quiet and the hues of autumn.  Quiet, that is except for the occasional honk or quack.

Imagine living here....




Ducks all lined up in a row © Stephen Mullock



MAP of Sardis, B.C. - the park can be accessed by vehicle off of Manuel Road, or by one of the three walkways around the park.





Stephen Mullock
is an award winning full-time real estate specialist with 30 years of experience and hundreds of sales. Thinking of buying or selling real estate in the Fraser Cheam communities of Chilliwack, Agassiz or Harrison Hot Springs? Contact Steve (click here) of Royal LePage Wheeler Cheam Realty for experience, local knowledge and friendly service you’ll be happy you did.

Monday, November 3, 2014

Chilliwack* Real Estate Sales Review and Analysis October 2014


2014 continues to be an impressive time in the sale of Chilliwack* real estate.  In fact, you have to get back to 2007 to find comparable sale volumes.  A welcomed relief for many homeowners and would be sellers. Buyers too must be pleased with relatively stable housing prices and low mortgage rates. 

The Chilliwack* real estate board area (CADREB) which includes the outlying communities of Agassiz, Harrison Hot Springs, Hope and parts of the Fraser Cascade Regional District recorded 159 sales of single family houses and 71 sales of strata homes such as town houses, and apartments in October 2014.  A total of 230 for all housing types and 20 better than the 210 sales in September.  This is not normal, generally, fewer sales take place in October when compared to September. 

The sale numbers of single family houses remain in solid territory 27% higher than the 10-year average for September.   Strata home sales are likewise showing strength 4% above the 10-year average for the month.

Prices are for the most part are unchanged this year and remain very competitive.  Low mortgage rates and a recovery in the economy are the driving forces behind the strength in the market. Inventory levels are currently dropping due to an increase in demand and seasonal factors. 

Some of the best buys can be found in the Agassiz community a 20 minute drive from Chilliwack.

Mount Cheam Ridge Morning Fog © Stephen Mullock

This report divides Chilliwack* residential properties into two classifications; single family detached and strata.  There is often a significant difference in market vigour between the two classifications and for this reason I like to view them separately.




Sales of Single Family Detached Houses



The Chilliwack* real estate board area (CADREB) which includes the outlying communities of Agassiz, Harrison Hot Springs, Hope and parts of the Fraser Cascade Regional District recorded a total of 159 sales of single family houses in October 2014. 

Somewhat surprisingly the number of single family detached homes sales in October (159) was higher than those in September (146). This suggests a very active market as sales tends to drop during the fall and winter. 

Based on a 10-year average for October we should expect about 126 sales - so the 159 sales were well above the "norm".  In fact, this was the third best October for single family detached houses since 2004.
  
A list to sale ratio of 18% was up significantly from the 15.5% of last month.  There is a balanced competitive market for Chilliwack* Single family detached homes at this time but upward demand can lead to price increases.  Median sale prices are still trending downward at this point however - a great time to get involved in a purchase.

MONTHSales/Average Sale Price/Days on Market/Active Listings
Oct
2014
159$350,00067834
Sept 2014146$354,00064924
Oct
2013
103$339,00075n/a




As "average sale prices" can be impacted in a disproportionate manner by the sale of high-end properties the "median" is often considered a better measure of where values are, as follows:  


Median SALE Price of Chilliwack* Single Family Detached Homes (SFD)
  • October 2014 - $334,500
  • September 2014 - $338,500
  • August 2014 - $339,500
  • July 2014 - $346,000
  • June 2014 - $337,500
  • May 2014 - $349,000
  • April 2014 - $341,500
  • March 2014 - $347,500
  • February 2014 - $339,000
  • January 2014 - $348,000
  • December 2013 - $334,500
  • November  2013 - $334,000
  • October 2013 - $321,000
  • September 2013 - $336,000
  • August 2013 - $309,500
  • July 2013 - $347,500
  • June 2013 - $349,500
  • May 2013 - $339,500
  • April 2013 - $338,000
  • March 2013 - $364,000
  • February 2013 - $315,000

       
    Median LISTING Price of active Chilliwack* Single Family Detached Real Estate Homes:
    • November 3, 2014 - $369,000
    • October 1, 2014 - $364,000
    • September 2, 2014 - $358,500
    • August 1, 2014 - $359,900
    • July 1, 2014 - $359,900
    • June 2, 2014 - $359,900
    • May 2, 2014 - $364,900
    • April 8, 2014 - $359,900
    • March 3, 2014 - $354,900
    • February 1, 2014 - $349,900
    • December 3, 2013 - $359,900
    • November 1, 2013 - $359,000
    • October 1, 2013 - $364,900
    • September 3, 2014 - $358,000
    • August 1, 2013 - $349,900
    • July 2, 2013 $359,900
    • June 4, 2013 $365,000
    • May 2, 2013 $369,900
    • April 1, 2013 $359,900


      2013 - 2011 Market Strength for Chilliwack* Single Family Houses

      Single Family House Monthly Unit Sales as % of a 10-Year Monthly Sales Average

      MonthJanFebMarAprMayJunJulyAugSeptOctNovDec
      2014 - %94%1008295100110104116105127

      201397%68%60%75%82%83%82%87%105%79%83%80%
      201281%67%77%77%83%70%88%54%70%88%91%80%
      201185%91%75%70%68%93%74%86%86%70%86%92%

      Please remember to use the services of a Realtor© to maximize your chances for a successful purchase or sale. Give me a call if you are looking for professional service in the Chilliwack, Agassiz, Kent or Harrison Hot Springs areas.





      Sales of Strata Homes (Apartments, Townhouses etc.)




      The Chilliwack* real estate board area (CADREB) which includes the outlying communities of Agassiz, Harrison Hot Springs, Hope and parts of the Fraser Cascade Regional District recorded a total of 71 sales of strata homes (apartments, townhouses) October 2014.

      Harrison Beach for $385,000 - Plan for 2015 with a Great Buy


      The 71, Chilliwack* real estate board strata October sales were also bucking the cyclical trend just like the sale of single family detached houses.  Based on a 10-year average for October, we should expect about 62 sales.  There were 64 sales last month.
        
      A list to sale ratio of 14.6% indicates that the market remains in Balanced territory but was stronger than last month's result.

      
      MONTHSales/Average Sale Price/Days on Market/Active Listings
      Oct   2014 71$216,000100463
      Sept  2014 64$235,00059503
      Oct  2013 73$198,00080n/a




      October 2014 - $224,500Median SALE Price of Chilliwack* Strata Homes
      • September 2014 - $245,000
      • August 2014 - $234,500
      • July 2014 - $234,000
      • June 2014 - $219,500
      • May 2014 - $220,500
      • April 2014 - $220,500
      • March 2014 - $243,000
      • February 2014 - $239,000
      • January 2014 - $216,000
      • December 2013 - $232,500
      • November 2013 - $202,000
      • October 2013 - $199,500
      • September 2013 - $212,500
      • August 2013 - $209,900
      • July 2013 - $231,500
      • June 2013 - $211,000
      • May 2013 - $211,000
      • April 2013 - $204,000
      • March 2013 - $229,000
      • February 2013 - $208,000



        Median LISTING Price of active Chilliwack* Strata Real Estate Listings:
        • November 3, 2014 - $232,500
        • October 1, 2014 - $210,000
        • September 2, 2014 - $216,900
        • Aug 1, 2014 - $214,900
        • July 1, 2014 - $219,000
        • June 2, 2014 - $219,900
        • May 2, 2014 - $214,900
        • April 8, 2014 - $219,000
        • March 3, 2014 - $219,900
        • February 1, 2014 - $219,900
        • January 2, 2014 - $212,500
        • December 3, 2013 - $214,900
        • November 1, 2013 - $214,900
        • October 1, 2013 - $214,900
        • September 3, 2013 - $194,500
        • August 1, 2013 - $212,000
        • July 2, 2013 - $213,900
        • June 4, 2013 - $214,900
        • May 2, 2013 - $210,000
        • April 1, 2013 - $212,500
        • March 1, 2013 - $209,900
        • February 1, 2013 - $217,500


        2011 - 2013 Strata Market Strength

        Strata Home Monthly Unit Sales as % of a 10-Year Monthly Sales Average

        MonthJanFebMarAprMayJunJulyAugSeptOctNovDec
        2014 - %90%66721061051348697102104

        2013100%81%89%73%87%99%84%85%79%10868%90%
        201293%78%96%70%87%85%97%67%89%76%11482%
        2011100%10585%86%84%66%66%91%

        Once again, please remember to use the services of a Realtor© to maximize your chances for a successful purchase or sale. Give me a call if you are looking for professional service in the Chilliwack, Agassiz, Kent or Harrison Hot Springs areas.

        The information reported in this post has been prepared by the author Stephen Mullock, using information from the Chilliwack and District Real Estate Board.  The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information are not guaranteed.

        In providing such information, neither Stephen Mullock nor the Chilliwack & District Real Estate Board assumes any responsibility or liability.

        Copyright © 2014 Stephen Mullock. All rights reserved. Reproduction in whole or part is prohibited without written permission.


        Imagine living here...

        Stephen Mullock
        is an award winning full-time real estate specialist with 30 years of experience and hundreds of sales. Thinking of buying or selling real estate in the Fraser Cheam communities of Chilliwack, Agassiz or Harrison Hot Springs? Contact Steve (click here) of Royal LePage Wheeler Cheam Realty for experience, local knowledge and friendly service you’ll be happy you did.