2009 Vancouver’s Best Year Ever for Luxury Home Sales
by Maggie Chandler on November 30, 2009
in Uncategorized
I received a comment asking for facts on luxury home sales this year vs. previous years. Surprisingly 2009 has been the best on record for high end sales of homes and condos, with a total of 126 sales over $3 million. Of those, 23 were condos and the remainder houses. Four condos sold over $5 Million, one in Shangri-la and the remainder on the Coal Harbour waterfront.
Properties sold over $3 million - 2005 had 35 sales. 2006 had 83. 2007 had 100. 2008 had 93 and this year has had 126 to date.
Properties sold over $5 million – 2005 had 3 sales, 2006 had 16, 2007 had 15, 2008 had 19 and 2009 has had 22 (currently 48 listings, so a tight market with only 2 months of supply).
Properties sold over $10 million - 2006 had one sale, 2008 had 2 and 2009 has had 2.
Most expensive sale this year was on Point Grey Road for $14,800,000. It sold in 2003 for 2,688,000. An exceptional large lot for the Golden Mile, 80×230 and zoned for 2 homes.
Current listings over $3M – 135. Most expensive is a Shaughnessy mansion listed at $22 million.
Active listings over $10 million in Greater Vancouver area – 40. Most expensive is West Vancouver waterfront listed at $30 million
Have a statistic you’d like for luxury vancouver homes?
keep up to date with vancouver’s changing market, subscribe via RSS or email
contact Maggie when you’re ready to buy or sell vancouver real estate
Tagged as:
luxury home sales,
Vancouver Real Estate
Post by
WELCOME! And thanks for checking out my site, and wanting to know a little bit about me.
I LOVE what I do, and that’s helping home buyers and home sellers in the waterfront condo neighbourhoods of Vancouver and I’ve been doing just that for nearly 30 years, so I’ve really gotten to know this market like the back of my hand. In fact I’ve seen Vancouver’s neighbourhoods of Coal Harbour, Downtown, Kitsilano, False Creek North, the West End and now the Olympic Village being built and I have an in depth knowledge of these neighbourhoods. My interest in Vancouver’s history combines with my interest in the changes and growth of its waterfront neighbourhoods. If you see me walking on the seawall, playing tennis or boating, say hello!
The city of Vancouver and its neighbourhoods of Coal Harbour, Downtown, Kitsilano, False Creek North, the Olympic Village and the West End have been put on the world map with its dynamic growth, international immigration, hosting the 2010 Winter Olympics, amazing world class restaurants, geographical beauty and quality of life. Consistently voted the Best City in the World to live, you can find great shopping, sports and entertainment in Vancouver.
I assist first time and trade up home buyers, investors and vacation home buyers, as well as first time and trade up home sellers, investors and vacation home sellers with the purchase and sale of houses, townhouses and condominiums.
I come armed with stats and graphs and an extensive knowledge of market activity, with attention to detail that will give you piece of mind that I’m working in your best interest, I am a hard working, detail oriented, diligent individual with strong interpersonal skills, patience and a high level of integrity . My goal is to make the home buying and the home selling a fun trip with low stress and I use today’s technology to make every real estate transaction as smooth as possible by clearly answering your questions, providing expertise and offering a savvy opinion.
Providing trustworthy real estate services in the Vancouver area for over 30 years
has written 2063 articles.
You must log in to post a comment.