Coal Harbour Stats March 2008
April 11th, 2008 Categories: Coal Harbour, Vancouver Real Estate
179 LISTINGS (up from 128 in January, 148 in March)
The least expensive l bedrooms is $333,000 at 555 Jervis for 484 sqft
The least expensive 2 bedroom is at 1239 W. Georgia 816sq.ft. listed at $569,000.
The most expensive listing is at the Shaw Tower $19,800,000 for 7500 sq.ft.
92 listed under $1 million, 61 listed between $1M and $2M and 4 over $5M
40 have had a List Price reduction, 3 a Price Increase
22 SALES ( 14 in January, 33 in February)
Lowest sold was for $335,000 for a studio 420 sq.ft.
Highest sold was over $6,500,000 for 4000 sq ft on the Waterfront
Average Days on Market: 39 (vs. 67 in Jan, 44 in Feb)
Average Price $1,422,491 vs. $950,00 Mar’07 (Jan $966,806, Feb $974,329)
Average Price Pr Sq Ft $898
13 sold under $1 million (vs. 16 in Feb) and 9 over $1 million (vs. 3 in Feb)
4 had list price reduced. 2 sold at list price (vs. 4 in Feb) and 2 over list price (same in Feb)
2007 SALES
July - 28, Aug - 24, Sept - 14, Oct - 36 Nov -23 : Dec 14
Total for 2007: 393
2008 SALES
Jan 14, Feb 33, Mar 22
REFLECTIONS
Listings up, prices up, sales down but days on the market have decreased and fewer sales at or above List Price. More sales over $1M.
HAPPENINGS
West Pender Place at Pender and Broughton sold out
The Ritz Carlton is now pre-selling and 60% sold out. From $3.2M
Shangri-la Hotel/Condo due for completion Fall 2008. Suites from $4 million
Flatiron due for completion summer 2008
Have a Coal Harbour condo question? Call me 604-328-0077 or maggiechandler@telus.net
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