Coal Harbour real estate analysis for May saw listings levelling & solds down by almost half compared to April, with $500k to $1M selling the best and a decrease in sales between $1 & $2M and no solds over $2M. Listings at the highest since I started tracking Coal Harbour stats in Jan’08 and sales equal to May’08. 66% of the sales were under $1M , vs 70%in April, 60% in Mar & 80% in January. Days on market dropped from 47 to 35. Sale price to list price ratio increased to 98%. Currently 34 listings at Fairmont Estates which has prices from $788,000 for 730sf to $8M for a sub-penthouse. Clearly a good buyers’ market.
Listings -261 51 listed under $500,000. 75 listed between $500,000 and $1M. 53 listed between $1M and $2M and 79 listed over $2M(up from 41 in Feb) including 17 over $5M. 16 expired (Apr 17, Mar 17)
46% are listed over $1M,vs 52% in Apr, vs. 55% in Mar, 50% in Feb,40% in Jan and 33% in Dec.
Most expensive- The Melville Penthouse at $10,800 for 5700 sq.ft. Over 3300 sq.ft. condo at One Harbour Green for $6,250,000. Three Harbour Green is now pre-selling around $2000 psf on the front of the building and is Coal Harbour’s last waterfront condo building.
I did the leading realtor in Coal Harbour in May, with the most transactions. Buying or selling in this neighbourhood? I offer an in depth knowledge of the condo buildings and values.
2008 Listings -Jan 128, Feb 149, Mar 179, Apr 176, May 175, June 192, July 220, Aug 212, Sept 245, Oct 246, Nov 247, Dec 201
2009 Listings – Jan 220, Feb 202, Mar 191, Apr 172, May 172, Jun 158, Jul 146, Aug 130, Sept 124, Oct 139, Nov 111, Dec 99
2010 Listings - Jan 136, Feb 162, Mar 219, Apr 256, May 261
Sales - 15. 3 sold under $500,000 . 7 sold between $500,000 & $1M . 5 between $1 & $2M (April 5, march 10, 7 in feb and 4 in Jan) and none$2M. Most expensive $1.9M Least expensive $327,000 for a small l bedroom
2008 Sales - Jan 14, Feb 33, Mar 22, Apr 26 May 16, June 16, July 11, Aug 12, Sept 16, Oct 12, Nov 9, Dec 6
2009 Sales – Jan 8, Feb 11, Mar 17, Apr 33, May 31, June 35, July 35, Aug 38, Sept 25, Oct 30, Nov 27, Dec 19
2010 Sales - Jan 17, Feb 19, Mar 25, Apr 27, May 15
Supply 2009- (months) Feb 19, Mar 11, Apr 5, May5.5, June 5.1, Jul 4, Aug 3.4, Sept 5, Oct 4.6, Nov 4, Dec 4.6
Supply 2010 – Jan 8, Feb 8, Mar 8.7, Apr 9.4, May 17.4
Days on Market for Solds 2008- Jan 67, Feb 44, Mar 39, Apr 47, Jun 71, Jul 73, Aug 83, Sept 53, Oct 54, Nov 41, Dec 75
Days on Market for Solds 2009 – Jan 70, Feb 47, Mar 75, Apr 86, May 78, June 57, Jul 80, Aug 67, Sept 62, Oct 68, Nov 61, Dec 61
Days on Market for Solds 2010 - Jan 43, Feb 29, Mar 39, Apr 47, May 35
2008 Average Sale Price - Dec $983,000, Nov $848,555 $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
2009 Average Sale Price – Jan $785,687, Feb $1,013,590, Mar $708,000, Apr $807,748, May $858,700, June $931,725, Jul $1,540,000, Aug $895,000, Sept $1,129,000, Oct $1,191,800, Nov $1,240,000, Dec $783,000
2010 Average Sale Price - Jan $826,000, Feb $1,258,000, Mar $1,067,950, Apr $1,014,358, May 851,500
2008Average Selling Price Pr Sq Ft - Dec 860 , Nov 742, Oct 835 , Sept 958
2009 Average Selling Price Pr Sq Ft – Jan $708, Feb $773, Mar $676, Apr $576, May $761, Jun $757, Jul $919, Aug $787, Sept $858, Oct $848, Nov $887, Dec $782
2010 Average Selling Price Pr Sq Ft - Jan $762, Feb $979, Mar $913, Apr $855, May $794
2008 Sale Price to List Price Ratio - Dec 95% , Nov 92%, Oct 92%, Sept 93%
2009 Sale Price to List Price Ratio- Jan 91%, Feb 92%, Mar 91%, Apr 95%, May 95%, Jun 96%, Jul 94%, Aug 97%, Sept 96%, Oct 95%, Nov 96%, Dec 96%
2010 Sale Price to List Price Ratio – Jan 98%, Feb 97%, Mar 96%, Apr 96%, May 98%
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when you’re ready to buy or sell Coal Harbour or Vancouver real estate, contact Maggie, an experienced realtor marketing Vancouver homes since 1981 and 2009 MLS Medallion Club Master Diamond Member
above from REBGV’s data and believed to be correct but should not be relied upon without verification
{ 1 comment… read it below or add one }
I had a good time here but will return to google now.
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