Vancouver Luxury Condo Sales Remain Steady
by Maggie Chandler on November 5, 2009
in Uncategorized
Vancouver luxury condo sales remained steady in October, with a total of 9 sales over $2 million.
The average days on the market was 122 (up from 97 in Q3). List price to sales price ratio was 92% (up from 91% in Q3) and the average sold price was $1286 psf (up from $1250psf in Q3). The least expensive sold for $1026psf and the most expensive sold for $1623psf.
There were 5 sales between $2 and $3M. 3 sales between $3 and $4M and one sale over $4M. The most expensive was $4.3M which was on Coal Harbour’s waterfront Two Harbour Green, which had 2 sales on the n.w. corner, 5 floors apart and an additional $81,000 pr floor. The condo which sold for $4.3M broke a new price for the waterfront ($1612psf).
The 4 solds over $3M are consistent with the stats of 12 sales over $3M in Q3.
Currently 86 listings over $2M(up from 78 at end of September) and only 4 boast more than 4500 sqft. View my 53rd floor 2 level Shangri-la Estates condo that is one of the four! Most expensive is the Penthouse at 1000 Beach $12,980,000 (6900 sqft), followed by the Penthouse at The Melville $10,800 (5700 sqft).
Residences on Georgia are pre-selling – luxury condo/hotel building – at $1900 pr sq ft. Estimated completion is 2012. GST applicable
when you’re ready to buy or sell your luxury Vancouver condo, contact Maggie , an experienced realtor since 1981. view my marketing plan
subscribe via RSS or email and keep up to date with Vancouver changing market
Tagged as:
vancouver luxury condo sales,
Vancouver Real Estate
Post by
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
has written 1921 articles.
You must log in to post a comment.