Vancouver’s Coal Harbour Market Analysis April 2008

May 13th, 2008 Categories: Coal Harbour, Vancouver Housing Market, Vancouver Real Estate

Listings 176 - 38 with price reductions and 1 with a price increase. Only 30 listed under $500,000 and 53 between $500,000 and $1 million. 61 listed between $1 and $2 million and 29 listed over $2 million, of those 5 are over $5 million.

The least expensive Coal Harbour suite is $ 329,000 for a studio and the least expensive 2 bedroom is $ 549,000. The most expensive remains the Shaw Tower at $19,000,000.

Sales 26 - 9 had list price reduced and 2 sold at list price. 11 sold under $500,000. 10 sold between $500,000 and $1 million and 5 sold over $1 million. The least expensive was $359,000 and the most expensive ws $2,200,000.

Average Days on the Market 47. Average price $770,430. 6 1/2 months supply. Average $ pr sq ft $770. Sale price to list price ratio 97%

Reflections - more of a bottom end market this month. Lstings are down slightly, average price is down (more of a bottom end market, so lower average price) and sales are up slightly. Days on the market has increased.

2008 SALES - Jan 14, Feb 33, Mar 22, April 26

View my Coal Harbour stats for last month.

HAPPENINGS - West Pender Place sold out and the backhoe will be going in any time now. The Ritz-Carlton is pre-selling condos from $3.2M. Flatiron and Shangri-la due for completion late summer to late fall.

Did you know you can search for Coal Harbour listings on this site? Or if you are wishing to buy or sell a condo in the neighbourhood, fill out my contact form.

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