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Shawnoaks MLS® Listings
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Building Info
Shawnoaks - 5565 Oak Street, Vancouver, BC V6M 2V6 - VAS855. Built in 1970 with 72 units over 2 levels. Located in Shaughnessy area of Vancouver West, near the crossroads of Oak Street and W 41st Avenue. Complex features include clubhouse, garden, in-suite laundry, outdoor pool, shared laundry and parking. The Shawnoaks offers a convenient location that is walking distance to Oakridge mall and a short commute to downtown Vancouver. Close to bus routes, parks and shopping. A short walk to Eric Hamber Secondary, Eric Hamber Secondary School, Vancouver College, Oakridge Music Studios, Dr. Annie B Jamieson Elementary and Alliance Franaise de Vancouver. A short drive to Montgomery Park, Oak Meadows Park and Tisdall Park. A few blocks from 7-Eleven, Kosher Cuisine, Nava Creative Kosher Cuisine, Shaughnessy Restaurant, Togo Sushi, Made In Japan Teriyaki Experience and Tim Hortons. Steps to CIBC BMO, RBC, and TD bank. Close to Louis Brier Home & Hospital, Acupuncture Vancouver, Debbie Lee, Registered Acupuncturist, Kensington Private Hospital and Providence Health Care.
For all property types, the sales-to-active listings ratio for January 2021 is 28.8 per cent. By property type, the ratio is 26.3 per cent for detached homes, 37.6 per cent for townhomes, and 27.8 per cent for apartments.
December 2020 Market Insights
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 30,944 in 2020, a 22.1 percent increase from the 25,351 sales recorded in 2019, and a 25.7 percent increase from the 24,619 homes sold in 2018.
November 2020 Market Insights
REBGV 23% increase on Listing in MLS from last year. For November 2020 over 4068 newly listed. Continuing demand for Detached Home and Townhouse with the benchmark price of $1,044,000
October 2020 Market Insights
October 2020 showing a robust Sales-to-Active Listing Ratio with a high mark of 30% means that Market conditions prices typically stable based on the given the baseline of 12-20%. Based on this given data the continued demand for Townhomes, Detached Homes
Real Estate Related News Articles(Sun and Province)Search News
Real estate market is extremely hot starting the Q1 2021
“The market is quite unbelievable right now, and what I find truly interesting is that it’s not just the Greater Toronto and Greater Vancouver markets – it’s pretty much across the entire country,” he said.
Bank of Canada Governor “Worrying”sign in Canada’s hot housing market to increase level of debt
“The housing market is one part of the economy,” he said. “As a society, we have never been so sensitive to the risk of higher interest rates…. Every small increase in the interest rate can have a significant impact on the housing market and therefore, (Macklem) would like to see the market slow down before we have to raise interest rates.”