Press Release: Lower Mainland Housing Market Outside of Vancouver is Heating Up in 2016

Lower Mainland Housing Marketing is Hot in 2016

January 20th, 2016

Vancouver – The January housing market in the Lower Mainland is already off to a hot start. A recent listing in Port Moody sold in just one week for $142,000 over asking. Though this was a record-breaking price in the neighborhood at the time of the sale, it has since been broken. “This is indicative of the seller’s market we’re currently experiencing,” explains listing agent Karel Palla.

Palla, along with his business partner Darryl Sjerven, showcased the home to its best advantage and maximized their marketing exposure through “Just Listed” post cards and a strategic social media blitz. Their marketing resulted in 175 groups viewing the house in one weekend and 8 offers and the house was only on the market for seven days.

About the Listing

Type: Five-bedroom, four-bathroom detached
Size: 4,142 square feet
B.C. assessment, 2016: $1,117,000
Listed for: $1,238,000
Sold for: $1,380,000
Sold on: Jan. 11th, 2016
Days on market: Seven
Listing agent: Karel Palla and Darryl Sjerven at ReMax Select Realty

About Karel Palla & Darryl Sjerven

Karel Palla and Darryl Sjerven have over 27 years of real estate experience in the Vancouver market between them. They specialize in the city of Vancouver. They have a long and successful track record as Vancouver realtors and are both Master MLS Medallion Club Members, in the RE/MAX Hall of Fame and the RE/MAX Platinum Club and Certified Luxury Home Marketing Specialists and Million Dollar Guild Members.


Karel Palla & Darryl Sjerven
RE/MAX Select Realty

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