Vancouver Real Estate Analysis for Coal Harbour August 2009

by Maggie Chandler on September 15, 2009

in Coal Harbour

ch graph pic Vancouver Real Estate Analysis for Coal Harbour August 2009

Vancouver’s luxury waterfront neighbourhood of Coal harbour saw real estate sales and listings decrease in August, compared to July .   Days on market up to 67, comparable to a year ago.  Coal Harbour inventory dropped from 19 months in February to less than 4 months, the lowest for the year. The average sale price is $895,000 for condos that sold. List price to sale price ratio is 97% - up from 91% in January. Average $ pr sq ft for sold listings was $787 .   The market under $1,000,000 selling the best.

Listings -130.  18 listed under  $500,000.  46 listed between $500,000 and $1M. 36 listed between $1M and $2M and 30 listed over $2M, including 4 over $5M.

66% are listed over $1M, up from 60% in February and up 45% in January.

Least expensive $285,000 for a studio 420 sqft .  Least expensive 2 bedroom $599,000.

Most expensive-  The Shaw Tower Penthouse $13,800,000(reduced from $19M) for over 7400 sqft on the 41st floor.  Over 2500 sq.ft. condo at One Harbour Green for $6,830,000, includes 3700 sqft of outdoor space ($2800 pr sq ft). Three Harbour Green is now pre-selling, n.e. corner on 19th floor $5,400,000 for 2600 sq.ft.

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

Sales - 38 .  14  sold under $500,000 . 15 sold between $500,000 & $1M . 7 between $1 & $2M and 2 sold over $2M. Most expensive $3.8M

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

Least expensive -$320,000 for 419 sq ft studio.

Most expensive -$3.8 for a front suite 2600 sq.ft. at Harbour Green Two

Supply – (months) Feb 19, Mar 11, Apr 5, May 5.5, June 5.1, Jul 4, Aug 3.4

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

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

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

2008List Price to Sale Price Ratio - Dec 95%  , Nov 92%, Oct 92%, Sept 93%

2009 List Price to Sale Price Ratio – Jan 91%, Feb 92%, Mar 91%, Apr 95%, May 95%, Jun 96%, Jul 94%, aug 97%

Did you know you can search for Coal Harbour listings on this site?

View my Coal Harbour website

when you’re ready to buy or sell Coal Harbour or Vancouver real estate, contact Maggie, an experienced realtor marketing Vancouver homes since 1981

Vancouver Home Search Vancouver Home Values

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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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