Bayshore Drive Condos in Vancouver’s Coal Harbour Well Supplied

by Maggie Chandler on August 28, 2010

in Coal Harbour,How's The Market,Local Market Data,Neighbourhoods

Vancouver’s Coal Harbour boasts a small, luxury neighbourhood on the waterfront. Bayshore Drive consists of seven condo buildings, of which two are on the waterfront and they are all surrounded by beautiful gardens and contain suites primarily over 1000sf.

Currently there are 35 condos listed for sale, ranging in price from $916,000 for 1481sf with no view, on the second floor, to a Penthouse listed at $4.4M, which is one of four condos listed over $4M. There are only 4 listings under $1M, 22 listed between $1M and $2M, 4 between $2M and $4M. The average $psf is 1,042.

July saw 5 sales from $1,090,000 to $1,630,000 and August had 3 sales, from $560,000 for 877sf to $1M for 1185sf. Average days on market for the 8 solds were 85 and 861 was the average $psf. Sale price to list price ratio was 96%. Approx nine months of inventory, which has increased by one month since May.

Year to date there have been 23 sales on Bayshore Drive. Seven under $1M, 15 between $1M and $2M and one sale at $3M. Average days on market 73. Average $psf 878. Sale price to list price ratio 95%.

View my other posts on Bayshore Drive and see how this year’s shaping up

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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

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