Vancouver Penthouse Real Estate Analysis

by Maggie Chandler on February 27, 2010

in Home Prices and Trends,How's The Market

phps0tifqpm Vancouver Penthouse Real Estate AnalysisA search on MLS shows 112 listings over $500,000 identified as Penthouses – a special apartment on the top floor of a building.  Some condos are marketed as Penthouses if they are one of a few suites on the top floor. The New Year saw a 10 month supply of Vancouver Penthouses with the listings under $1M selling the best and only 2 sales over $2.5M.

2010 Listings – Jan 102

There are 7 one bedrooms, 68 two bedrooms, 22 three bedrooms from $799,000, 3 four bedrooms from $2.2M, one 5 bedroom Penthouse listed at $10.8M with 5700sf and one 6 bedroom Penthouse listed at $4.5M with 4300sf.

Ranging from 1 bedrooms at $500,000 to the most expensive at $12,980,000.

46 listed under $1M.  33 listed between $1M and $2M. 10 listed between  $2M & $3M. 6 listed between $3M and $5M and 4 listed over $10M.

2010 Solds – Jan 11

7 sold under $1M. 2 sold between $1 and $2M. One sold between $2M & $4M and one sold over $4M.

Expireds – Jan 17

Supply in months – Jan 10

Average Days on the Market – Jan 23

List Price to Sale Price Ratio – Jan 96%

Average $ psf - Jan  $494-$1195 with an average of $738

Average $ psf for l bedrooms solds- $943

Average $psf for 2 bedrooms solds- $718

Live in a Penthouse? Share your experience with us! Have a stat you’d like?  please post a comment

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when you’re ready to buy or sell a Vancouver Penthouse, contact Maggie, an experienced realtor marketing vancouver condos since 1981

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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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Paul Salamanca March 1, 2010 at 6:00 am

found my luxury apartment on http://www.SkipBrokers.com…………No fee apartments…

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