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Vancouver Real Estate Analysis for Coal Harbour October 2008

by Maggie Chandler on November 15, 2008

in Coal Harbour

CH graph Oct 08

Vancouver’s Coal Harbour statistics for October show listings flat at 246, from245 in Sept.  Sales down to 12, from 16 in September.   Days on market flat at 53 and average selling price down from $1,513,062 to $910,291.  66% selling under $750,000.  The supply increased from 15 months in September to 20 months in October. The price range under $300K and between $700K and $750K is the least supplied. This October saw the least number of sales for the month of October for the last 9 years.

Listings – 246. Four listed under $300,000. 24 listed between $300,000 and $400,000. 23 listed between $400,000 and $500,000. 25 listed between $600,000 and $700,000. 10 listed between $700,000 and $750,000. 31 listings between $1.2M and $1.7M and 29 listings over $2.4M

Most expensive $16,800,000 in Shaw Tower for 7450 sq.ft. ($2255 pr sq ft)

2008 Listings -Jan 128,Feb 149, Mar 179, Apr 176, May 175, June 192, July 220, Aug 212, Sept 245, Oct 246

Sales – 12. One under $300,000. One between $300,000 and $400,000. 3 sold between $400,000 and $500,000. One between $600K and $700K and 2 between $700K and $750K.  3 sold between $1,200,000 and $1,700,000 and one sold over $2,400,000

2008 Sales - Jan 14, Feb 33, Mar 22, Apr 26  May 16, June 16, July 11, Aug 12, Sept 16, Oct 12

Expireds – 32

Supply – Four months of supply for listings under $300,000. 2 years supply for Coal Harbour condos listed between $300,000 and $400,000. Over 7 months supply for listings between $400,000 and $500,000. 10 months between $600,000 and $700,000. 5 months between $700K and $750K. 10 months supply between $1.2M and $1.7M and 29 months over $2.4M.

Days on Market – Jan 67, Feb 44, Mar 39, Apr 47, Jun 71, Jul 73, Aug 83, Sept 53, Oct 54

Average Price - Oct $910,291, Sept $1,513,062, Aug $1,569,772 ,  July 1,379,091, Jun 803,091,  Apr $770,430, Mar 807,340, Feb $974,329, Jan $966,806

Average Selling Price Pr Sq Ft - 835 , down from 958 in September

List Price to Sale Price Ratio - down to 92% from 93% in September

SALES – Oct 2007 had 44. Oct’06 – 19. Oct’05 – 56. Oct’04 – 14. Oct’03 – 24. Oct’02 – 54. Oct’01 – 23. Oct’00 – 19.

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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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