Listings Down! Sales Up! Vancouver real estate analysis for False Creek North in March(compared to February) saw listings down to 231 from 240. Sales up to 28 from 18. Days on the market up from 41 to 77. The average selling price down from $672,000 to $592,388. Average $ psf is down to $600. The average supply of condos in this waterfront hood dropped to 8 months from 13 in February and 17 in January. No sales over $1 million. This neighbourhood is least supplied under $400,000. The most number of sales were between $800k and $1M.
Listings – 231. 8 listings under $400,000 (including 2 under $300,000. 36 listed betweeen $400,000 & $500,000. 49 listed between $500,000 and $700,000. 41 listed between $800,000 and $1 million. 907sold over $1 million.
Least expensive $259,00 for a studio at 910 Beach. This sold new in 1997 for $169,000. Most expensive The 6900 sq.ft. Penthouse at 1000 Beach. Now listed at $9,800,000.
2008 Listings - Feb 153, Mar 174, May 202, Jun 210, Jul 237, Aug 256, Sept 257, Oct 250, Nov 246, Dec 229
2009 Listings – Jan 258, Feb 240, Mar 231
Sales - 28. Five sold under $400,000. 7 sold betwen $400,000 & $500,000. 7 sold between $500,000 & $700,000. and 9 between $800,000 and $1 million. No sales over $1 million.
Least expensive- $337,000 for 555 sq.ft. 1 bedroom in Coopers Park
Most expensive - $910,000 for 1172 sq.ft. in the Waterford with unobstructed views ($776 pr sq ft). This condo sold for $400,000 as a pre-sale in 2001.
2008 Sales - Jan 24, Feb 39 , Mar 44 , Apr 40 , May 18, June 18, July 9, Aug 14, Sept 16, Oct 10, Nov 6 , Dec 6
2009 Sales - Jan 15, Feb 18, Mar 28
2008 Average Sale Price - Dec $ 947,259 Nov $816,605, Oct $864,980, Sept $631,944
2009 Average Sale Price – Jan $624,000, Feb $672,541, Mar $592,388
2008 List Price to Sales Price Ratio – Dec 93%, Nov 93%, Oct 93% , Sept 96%
2009 List Price to Sales Price Ratio – Jan 93%, Feb 93%, Mar 95%
2008 Average Sale Price $ pr sq ft - Dec $719, Nov $687, Oct $736. Sept $672
2009 Average Sale Price $ pr sq ft - Jan $606, Feb $627, Mar $600
2008 Average Days on the market -Dec 61, Nov 58, Oct 62, Sept 42
2009 Average Days on the market - Jan 53, Feb 41, Mar 77
Did you know you can search for listings on this site? View my other posts on False Creek North. When you’re ready to buy or sell Vancouver real estate or False Creek North, contact Maggie Chandler, an experienced realtor marketing Vancouver real estate since 1981
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