Vancouver Real Estate Update for Vancouver’s Coal Harbour – August 2011
by Maggie Chandler on September 20, 2011
in Coal Harbour
How’s the market in Vancouver’s waterfront neighbourhood of Coal Harbour? Are prices up or down? How long does it take to sell a Coal Harbour condo or townhouse? What’s the average sale price? Are listings increasing or decreasing? Is it a Buyers or Sellers market? Search for luxury coal harbour homes, find home values, local real estate news.
Coal Harbour condo sales over $1M decreased.
70% of August sales were under $1M – a reversal of July
August saw sales and listings flat, the average sale price down due to more lower priced sales. Market now favours buyers.
March this year was the best month for the real estate market in Coal Harbour since I started tracking the stats in 2008
The Stats (vs. previous month)
- Listings 182 (down from 185)
- Sales 25 (up from 24)
- Days on market 48
- Sale price to list price ratio 96%
- Average sale price $1,117,031 (down)
- sale price psf – 901 (down from 983)
- 7.2 months of inventory
What’s Selling?
- 25% of the sales were under $500,00
- 45% between $500k and $1M
- 25% over $1M
- 10%over $2M
How’s the market over the last 90 days?
Sales and listings lower than May
How’s the market over the last year?
Current listings are much lower and sales much higher (august 2010 had only 11 sales)
Most and Least Expensive
Live in a waterfront Penthouse for $19,800,000 or a studio for $329,000!
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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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How’s the market in Vancouver’s waterfront neighbourhood of Coal Harbour? Are prices up or down? How long does it take to sell a Coal Harbour condo or townhouse? What’s the average sale price? Are listings increasing or decreasing? Is it a Buyers or Sellers market? Search for luxury coal harbour homes, find home values, local real estate news.
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