Vancouver’s False Creek North Market Analysis July 2008
August 14th, 2008 Categories: False Creek North, Vancouver Housing Market, 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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Vancouver’s False Creek North Market Analysis May 2008
June 10th, 2008 Categories: False Creek North, Vancouver Housing Market, 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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