Vancouver Shangri-la Condo

by Maggie Chandler on May 1, 2010

in Downtown,How's The Market,Local Market Data,Neighbourhoods

Vancouver’s Shangri-la condo building now has a higher number of listings than it did in February.

The Estates at Shangri-la 

Currently there are 13 suites for sale in the Estates at Shangri-la, from #3.2M and  2 sales in 2010 including my lisitng on 53rd floor, which is a unique (one of only 3) double height 3 bedroom 4500 sqft, listed at $5,780,000 and the most expensive resale to date.

At the beginning of 2009, the Estates at Shangri-la were selling as low as $900 psf. The developer sold them in 2004/05 as low at $750psf. plus taxes.

Listings – Nov’09 – 3. Mar’10 – 13

Ranging from $2.988,000 to $6,000,000, starting at 2400sf.

Solds - three sales in 2010. Selling from $1160psf

The Live/Work condos at 1111 Alberni

Listings – Mar 13, Apr 22

Sales 2009 – 43. Least expensive $425,000 for a l bedroom and Most Expensive was #3806 selling at $1,670,000 for 1552sf

Sales 2010 – Jan 4, Feb 1, March 4, Apr 2

Ranging from $860 to $1000psf

Average Days on Market - Mar 65, Apr 42

Average Sale Price - Mar $1,036,000 Apr $1,589,000

Sale Price to List Price Ratio – Mar 95%, Apr 97%

View my other posts on Shangri-la

When you’re ready to buy or sell a shangri-la condo, contact Maggie, marketing vancouver condos since 1981 and top 3% of greater vancouver realtors in 2009 MLS Medallion Club

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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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