Vancouver Real Estate Analysis for Coal Harbour October 2008
November 15th, 2008 Categories: Coal Harbour
Vancouver’s Coal Harbour statistics for October show listings flat at 246, from245 in Sept. Sales down to 12, from 16 in September. Days on market flat at 53 and average selling price down from $1,513,062 to $910,291. 66% selling under $750,000. The supply increased from 15 months in September to 20 months in October. The price range under $300K and between $700K and $750K is the least supplied. This October saw the least number of sales for the month of October for the last 9 years.
Listings – 246. Four listed under $300,000. 24 listed between $300,000 and $400,000. 23 listed between $400,000 and $500,000. 25 listed between $600,000 and $700,000. 10 listed between $700,000 and $750,000. 31 listings between $1.2M and $1.7M and 29 listings over $2.4M
Most expensive $16,800,000 in Shaw Tower for 7450 sq.ft. ($2255 pr sq ft)
2008 Listings -Jan 128,Feb 149, Mar 179, Apr 176, May 175, June 192, July 220, Aug 212, Sept 245, Oct 246
Sales – 12. One under $300,000. One between $300,000 and $400,000. 3 sold between $400,000 and $500,000. One between $600K and $700K and 2 between $700K and $750K. 3 sold between $1,200,000 and $1,700,000 and one sold over $2,400,000
2008 Sales - Jan 14, Feb 33, Mar 22, Apr 26 May 16, June 16, July 11, Aug 12, Sept 16, Oct 12
Expireds – 32
Supply – Four months of supply for listings under $300,000. 2 years supply for Coal Harbour condos listed between $300,000 and $400,000. Over 7 months supply for listings between $400,000 and $500,000. 10 months between $600,000 and $700,000. 5 months between $700K and $750K. 10 months supply between $1.2M and $1.7M and 29 months over $2.4M.
Days on Market – Jan 67, Feb 44, Mar 39, Apr 47, Jun 71, Jul 73, Aug 83, Sept 53, Oct 54
Average Price - 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
Average Selling Price Pr Sq Ft - 835 , down from 958 in September
List Price to Sale Price Ratio - down to 92% from 93% in September
SALES – Oct 2007 had 44. Oct’06 – 19. Oct’05 – 56. Oct’04 – 14. Oct’03 – 24. Oct’02 – 54. Oct’01 – 23. Oct’00 – 19.
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