March 2010

Vancouver Penthouse Real Estate Analysis

by Maggie Chandler March 30, 2010 Home Prices and Trends

The MLS shows 116 listings (up from January) over $500,000 identified as Penthouses – a special apartment on the top floor of a building. Some condos are marketed as Penthouses if they are one of a few suites on the top floor. February’s supply of Vancouver Penthouses was 9.6 months, with the listings under $1M selling …

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Canada Real Estate Roundup

by Maggie Chandler March 30, 2010 Home Prices and Trends

All Canadian Provinces show higher prices than a year ago.

The average Canadian real estate price in February 2010 saw the cities of Vancouver, Victoria, Calgary, Edmonton, Winnipeg, Toronto, Ottawa, Montreal all higher than a year ago. Only St. John (N.B.) was lower. The national average was higher than a year ago.

The following is a release by CREA, you …

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Vancouver Luxury Real Estate Sales

by Maggie Chandler March 26, 2010 Home Prices and Trends

I’ve been too busy to blog! Thanks for your patience.

Vancouver’s luxury real estate market in February was slower than January. Listings up and sales down but more sales over $5M. Currently 75 of the luxury real estate listings over $3M are condos, the remainder houses. The highest sale price was over $10M for a house over 11,000sf …

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Vancouver Downtown Real Estate Analysis

by Maggie Chandler March 21, 2010 Downtown

Vancouver’s Downtown real estate analysis in Febuary saw listings down slightly and similar to a year ago.. As expected sales dropped (due to the Olympics) by 55% but was similar to a year ago. The market under $500,000 selling the best. Average days on the market steady at 35, and average $psf down slightly to $606. Sale price to list price ratio steady at 98%. Now over …

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West End Real Estate Analysis

by Maggie Chandler March 20, 2010 Home Prices and Trends

West End real estate analysis saw Febuary listings up and sales down, compared to January, resulting in the supply doubling to 3 months. The days on the market for condos that sold increased to 32. The average selling price up to $604,000. The sales under $500,000 and over $1M increased. The list price to sale price ratio is 97% .

Listings – 217. 17 listed under $300,000, 52 listed between $300,000 and $400,000. 46 …

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Just Listed! Condo in Coal Harbour's Cielo

by Maggie Chandler March 19, 2010 Coal Harbour

Welcome home to Coal Harbour’s CIELO, steps to the waterfront and walking distance to work, shops, restaurants and Robson Street. Enjoy Urban Fare at your doorstep. Spacious well appointed 787 SF one bedroom corner suite featuring a large 80 sq. ft. SW facing balcony. High end finishing includes granite countertops, gas stove, KitchenAid S/S appliances, …

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New Listing! 1239 W. Georgia, Coal Harbour, Vancouver

by Maggie Chandler March 15, 2010 Coal Harbour

As a realtor, nothing warms our heart more than a delightful client who repeatedly calls you to do assist them with a purchase or sale. Such is my scenario at 907-1239 West Georgia, Vancouver, BC.

Venus is located in Coal Harbour and this n.e. corner 2 bedroom and den (a great work space for home, with …

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False Creek North Real Estate Analysis

by Maggie Chandler March 14, 2010 False Creek North

False Creek North real estate analysis for Febuary saw listings on the rise for the third consecutive month, from 153 to 187. Sales dropped from 28 to 20, the lowest since Feb’09. Days on the market consistant at 41. The supply of condos nearly doubled, now 9.3 months with considerably more sales over $1M, pushing the $psf up to $863. Buyers finally have …

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What Vancouver Real Estate Buyers Should Know About April 19th

by Maggie Chandler March 13, 2010 Buyers

CMHC’s new rules come into effect April 19th. At that date real estate buyers will qualify for a lower mortgage if you require a CMHC insured mortgage.

Be sure to ask your financial institution which are the two amounts you qualify for, pre and post April 19th, as this will impact your purchasing power.

Read my past …

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Vancouver Real Estate Graph

by Maggie Chandler March 12, 2010 Home Prices and Trends

Above are the Febuary Vancouver (west side) real estate graphs for houses, townhouses and condos. Sales down and listings up, in all categories.

Condo listings increased to just over 1500 vs. nearly 2000 a year ago and are equal to May and Oct’09. New Listings – Feb 601, Jan 850, Dec 349, Nov 621, Oct 833 , Sept 798. Sales Feb 342, Jan …

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