Vancouver Kitsilano’s Market Analysis July 2008
August 15th, 2008 Categories: Kitsilano, Vancouver Housing Market, Vancouver Real Estate
Vancouver’s Kitsilano condo neighbourhood saw sales for the month of July increase to 38 from 35 in June and listings at 159 versus 157 in June. Average $ pr sq ft and average price for sold condos were both up. Days on the market 43, up from June. Market bottoming?
Listings - 159. 46 of those Kitsilano listings had list price reductions (vs. 57 in June). 99 are listed under $500,000 and 52 listed between $500,000 and $1 million. 6 are listed between $1 and 2 million and 1 listed over $2 million.
Sales - 38. 14 Kitsilano condos had list price reductions (vs. 13 in June). 26 sold under $500,000 and 12 sold between $500,000 and $1 million. There is a 3.8 month supply of Kitsilano condos under $500K and a 4.3 month supply for condos between $500K and $1 million. No market for Kitsilano condos over $1 million for the month of July 2008.
2008 SALES - Jan 26, Feb 44 , Mar 20, Apr 42, May 45, June 35, July 38 Read the rest of this entry »
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Vancouver’s Downtown Market Analysis June 2008
July 19th, 2008 Categories: Downtown, Vancouver Housing Market, Vancouver Real Estate
Vancouver’s Downtown market in June saw an increase in sales and listings compared to May. The days on market was the same and so was the average price. 75% of the sales were under $500,000.
Listings - 740 (vs 669 in May). 430 listed under $500,000. 264 listed between $500,000 and $1 million. 40 listed between $1 and $2 million. 6 listed over $2 million.
There is a 5 1/2 month supply under $500,000, a one year supply between $500,000 and $1 million and a two year supply over $1 million.
2008 Listings Jan 420 , Feb 457 ,Mar 529 , Apr 630, May 669 , June 740
Sales - 102 (vs 86 in May). 77 sold under $500,000 and 23 sold between $500,000 and $1 million. One sold between $1 and $3 million and one sold over $3 million. There were 38 list price reductions and one increase. Read the rest of this entry »
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Vancouver’s Coal Harbour Market Analysis June 2008
July 10th, 2008 Categories: Coal Harbour, Vancouver Housing Market, Vancouver Real Estate
Vancouver’s Coal Harbour statistics for June show listings up from 175 in May, sales flat, days on market up and average price down slightly.
Listings 192 - 36 under $500,000. 34 listed between $500,000 and $1 million, 51 listed between $1 and 2 million, 28 listed between $2 and $5 million and 10 listed over $5 million. Most expensive is the Shaw Tower penthouse $16,800,000. Contact me if you wish to sell your Coal Harbour condo.
Sales 16 - 7 under $500,000, 5 between $500-$1 million, 3 between $1 and 2 million and 1 over $2 million. Contact me if you wish to buy in Coal Harbour
2008 Sales - Jan 14, Feb 33, Mar 22, Apr 26 May 16, June 16 Read the rest of this entry »
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Vancouver’s Kitsilano Market Analysis June 2008
July 8th, 2008 Categories: Kitsilano, Vancouver Housing Market, Vancouver Real Estate
Vancouver’s Kitsilano condo neighbourhood saw sales for the month of June drop from 45 to 35 and listings increase from 145 to 157.
Listings 157 - of those 57 have had price reductions. 92 are listed under $500,000. 57 listed under $1 million, 5 listed between $1 and 2 million and 1 over $3 million.
Sales 35 - 13 had price reductions. 29 sold under $500,000 (only 3 months supply) and 6 sold between $500,000 and $680,000 (9 months supply). There were no sales above $680,000. 4 sold at list price and 2 sold over list price (last month 15 sold at or above list price). The inventory in Kitsilano is now 4 and a half months, which is up from 3 months in May.
The lease expensive 2 bedroom sold at $433,000.
2008 SALES - Jan 26, Feb 44 , Mar 20, Apr 42, May 45, June 35 Read the rest of this entry »
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