Archive for the 'False Creek North' Category
Vancouver’s False Creek North Market Analysis July 2008
August 14th, 2008 Categories: False Creek North, Vancouver Real Estate
Vancouver’s False Creek North neighbourhood saw listings up from 210 in June to 237 and sales drop substantially from 17 to 9. The average $ pr sq ft dropped from $733 to $688. Aaverage price was down from $713 in June to $550. The days on the market dropped from 59 to 46. Market run out of steam?
Listings - 237. 82 False Creek North condos had a price reduction and one increased their price. 33 are listed under $500,000. 136 are listed between $500,000 and $1 million. 46 are listed between $1 and 2 million. 11 between $2 and 3 million and 5 between $3 and 4 million and the Penthouse at 1000 Beach at $14,800 for nearly 8000 sq.ft.
The least expensive l bedroom is $329,00. The least expensive 2 bedroom is $399,000.
Sales 9 . False Creek North had 4 sales under $500,000 and 5 sold between $500,000 and $1 million. Read the rest of this entry »
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Solds Graph for Vancouver’s Condo Neighbourhoods
August 1st, 2008 Categories: Coal Harbour, Downtown, False Creek North, Kitsilano, Vancouver Real Estate, West End
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Vancouver’s False Creek North Market Analysis June 2008
July 14th, 2008 Categories: False Creek North, Vancouver Real Estate
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Vancouver’s False Creek North Market Analysis May 2008
June 10th, 2008 Categories: False Creek North, Vancouver Real Estate
Vancouver’s False Creek North market in May experienced a whopping 70% increase in listings over Jan’08 and a 10% increase over April’08. Sales decreased 20% from Jan’08 and 50% less than April’08. The average price $799,376 (up from $736,098 in April and down from $1,095, 251 in Jan’08. Days on the market 47 (up from 37 in April)
Listings - 202 there were 61 list price reductions and 2 price increases.
15 are listed under $500,000. 115 are listed between $500,000 and $1 million. 52 listed between $1 and $2 million. 13 listed between $2 and 3 million and 3 are listed over $3 million.
The least expensive is $310,000 for a small one bedroom at 888 Pacific and the most expensive is $18,200 for the Penthouse at 1000 Beach which is 6900 sq.ft. Read the rest of this entry »
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Vancouver False Creek North Market Analysis March 2008
April 15th, 2008 Categories: False Creek North, Vancouver Real Estate
False Creek North is a small strip that runs south of Pacific Avenue to the water.
The neighbourhood was built in the last 10 years by Concord Pacific and it is on the former Expo ‘86 Lands.
Listings 174 . 39 have had price reductions and 2 have had price increases. Only 17 listed under $500,00 and 89 listed between $500,000 and $1 million dollars, 56 listed between $1 million and $2 million and 9 over $2 million.
Sales 44 - 11 had price reductions .
5 sold under $500,000 (just over 3 months of supply) 30 sold between $500,000 and $1 million, (2.9 months of supply) 6 sold between $1 million and $2 million (9.3 months of supply) and 3 over $2 million (3 months of supply). Again the market is softest between $1 and 2 million dollars.
Days on the market 29. Average price $862,311. Just under 4 months supply.
Reflections overall a healthy market. Listings and prices are up, sales are down.
when you’re ready to buy or sell your downtown condo, call Maggie!
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False Creek North Statistics for February 2008
March 20th, 2008 Categories: False Creek North, Vancouver Real Estate
Current Listings 153. Average price $1,147,037. Only 14 listed under $500,000. 59 listed over $1 million.
February Solds 36. Average Price $919,278. Days on Market 46. Just over 4 months of supply.
5 of those sales had List Price reduced and 2 had an increase.
5 sold under $500,000 and 7 sold over $1 million and 1 sold over $4 million.
Least expensive was a 384 sq.ft. studio for $339,000. Most expensive was
Reflections 59 listed over $1 million and only 2 sales, leaving 29 1/2 months supply. Sellers need to be priced sharp in order to achieve a sale in this price range.
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