Archive for the 'Coal Harbour' Category
Bayshore Drive Condos in Vancouver’s Coal Harbour Well Supplied
August 28th, 2010 Categories: Coal Harbour, Luxury Condos, Neighbourhoods, Real Estate
Vancouver’s Coal Harbour boasts a small, luxury neighbourhood on the waterfront. Bayshore Drive consists of seven condo buildings, of which two are on the waterfront and they are all surrounded by beautiful gardens and contain suites primarily over 1000sf.
Currently there are 35 condos listed for sale, ranging in price from $916,000 for 1481sf with no view, on the second floor, to a Penthouse listed at $4.4M, which is one of four condos listed over $4M. There are only 4 listings under $1M, 22 listed between $1M and $2M, 4 between $2M and $4M. The average $psf is 1,042.
July saw 5 sales from $1,090,000 to $1,630,000 and August had 3 sales, from $560,000 for 877sf to $1M for 1185sf. Average days on market for the 8 solds were 85 and 861 was the average $psf. Sale price to list price ratio was 96%. Approx nine months of inventory, which has increased by one month since May. Read the rest of this entry »
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Vancouver Real Estate Analysis for Coal Harbour
August 7th, 2010 Categories: Coal Harbour, Market Data, Neighbourhoods, Real Estate
Coal Harbour real estate analysis for July saw listings drop for the first month this year, since peaking in April and now at the same level as Fall’08. Sales nearly tripled from June which was the worst month of the year so far. 60% of sales were under $1M,vs 55% in Jun, vs 66% in May , 70% in April, 60% in Mar & 80% in January. No sales over $1.6M, clearly the luxury market is not doing well, with 97 listings over $1.6M and no sales for that group. Days on market dropped to 65. Sale price to list price ratio up to 96%. Currently 32 listings at Fairmont Estates and 5 sales this year, with prices from $788,000 for 730sf to $8M for a sub-penthouse. Clearly a good buyers’ market.
Listings -247 - 42% listed under $1M, 27% listed between $1 and $2M and 31% listed over $2M. Read the rest of this entry »
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Vancouver Real Estate Analysis for Coal Harbour Townhomes Vs. Condos
August 4th, 2010 Categories: Coal Harbour, Market Data
A client for a Coal Harbour condo recently asked me how the townhouses in the neighbourhood appreciated, compared to condos. I did an analysis for him and here’s what i found.
Townhomes:
In 2010 there have been 4 sales to date. Average sale price/psf 812. Average days on market 74.
In 2009 there were 14 sales, from $1M to $3.1M. Averaged sale price/psf 861. Average days on market 73.
In 2008 there were 4 sales, from $1.2M to $4.7M. Average sale price/psf 915. Average days on market 49
In 2007 there were 7 sales, from $1.1 M to $3.3M. Average sale price/psf 914 . Average days on market 58
In 2006 there were 6 sales, from $1.1M to $3.5M. Average sale price/psf 964. Average days on market 44. Read the rest of this entry »
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Vancouver Real Estate Analysis for Coal Harbour
July 9th, 2010 Categories: Coal Harbour, Market Data
Coal Harbour real estate analysis for June saw listings flat but solds drop by half again for the second consecutive month, to only 9. 5 sold under $1M and 4 over $1M. The number of sales haven’t been this low since Nov’08-Jan’09. Listings at the highest since I started tracking Coal Harbour stats in Jan’08 and sales equal to May’08. 55% of sales were under $1M, vs 66% in May , 70% in April, 60% in Mar & 80% in January. Days on market trippled to 101. Sale price to list price ratio dropped to 95%. Currently 32 listings at Fairmont Estates and 5 sales this year, with prices from $788,000 for 730sf to $8M for a sub-penthouse. Clearly a good buyers’ market.
Listings -263 - 45% listed under $1M, 26% listed between $1 and $2M and 29% listed over $2M.
46% are listed over $1M,vs 52% in Apr, vs. 55% in Mar, 50% in Feb,40% in Jan and 33% in Dec. Read the rest of this entry »
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Wordless Wednesdays
June 23rd, 2010 Categories: Coal Harbour, Wordless Wednesdays
View from Coal Harbour’s Palladio condo bldg, Vancouver
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Vancouver Real Estate Analysis for Coal Harbour
June 3rd, 2010 Categories: Coal Harbour, Market Data, Real Estate
Coal Harbour real estate analysis for May saw listings levelling & solds down by almost half compared to April, with $500k to $1M selling the best and a decrease in sales between $1 & $2M and no solds over $2M. Listings at the highest since I started tracking Coal Harbour stats in Jan’08 and sales equal to May’08. 66% of the sales were under $1M , vs 70%in April, 60% in Mar & 80% in January. Days on market dropped from 47 to 35. Sale price to list price ratio increased to 98%. Currently 34 listings at Fairmont Estates which has prices from $788,000 for 730sf to $8M for a sub-penthouse. Clearly a good buyers’ market.
Listings -261 51 listed under $500,000. 75 listed between $500,000 and $1M. 53 listed between $1M and $2M and 79 listed over $2M(up from 41 in Feb) including 17 over $5M. 16 expired (Apr 17, Mar 17) Read the rest of this entry »
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Ritz – Condo for Sale – Coal Harbour – Vancouver West
May 19th, 2010 Categories: Coal Harbour
Welcome home to The Ritz! Steps to Coal Harbour’s waterfront lifestyle. You’ll love the breathtaking views of the water, mountains, and Stanley Park that you can see from the floor-to-ceiling windows of this SW corner 3 bedroom, solarium, and 2 bath condo with 9′ ceilings, air-conditioning, fireplace, and balcony. Granite countertops and stainless steel appliances. Excellent open floorplan.Features 24-hr concierge, indoor pool, gym, steam/sauna, swirlpool, and multimedia room. In the heart of the business district, with shops, restaurants, marina, and Stanley Park at your doorstep. Excellent tenant. Priced to sell!
OPEN: Saturday May 22nd, 2:30-4:00 PM. Asking $1,086,000.Contact Maggie Chandler, 604-328-0077 for a private preview.
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Coal Harbour Real Estate Analysis
May 11th, 2010 Categories: Coal Harbour, Market Data
Coal Harbour real estate analysis for April saw sales flat & listings up about 15% compared to March, with $500k to $1M selling the best and a decrease in sales between $1 & $2M. Listings at the highest since I started tracking Coal Harbour stats in Jan’08 with the inventory equal to Mar’08 and sales equal to Apr’08. 70% of the sales were under $1M. vs 80% in January & 60% in March. Days on market increased from 39 to 47. Sale price to list price ratio steady at 96%. Currently 36 listings at Fairmont Estates which has prices from $819,000 for 730sf and $5,780 for 2700sf. Three Harbour Green is pre-selling and is the last remaining new waterfront building in Coal Harbour.
Listings -256. 48 listed under $500,000. 76 listed between $500,000 and $1M. 54 listed between $1M and $2M and 78 listed over $2M(up from 41 in Feb) including 16 over $5M( up from 10 last month) 17 expired (equal to last month).
52% are listed over $1M, vs. 55% in Mar, 50% in Feb,40% in Jan and 33% in Dec. Read the rest of this entry »
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Coal Harbour Real Estate Analysis
April 13th, 2010 Categories: Coal Harbour, Market Data
Coal Harbour real estate analysis for March saw sales and listings up about 30% compared to February, and a big jump in sales between $1 & $2M. Listings at the highest since Jan’09 and sales equal to Sept’09. 60%of the sales were under $1M. vs 80% in January. Days on market increased from 29 to 39. Sale price to list price ratio steady at 96%. Currently 37 listings at Fairmont Estates which has prices from $819,000 for 730sf and $5,850 for 2700sf. Three Harbour Green is pre-selling and is the last remaining new waterfront building in Coal Harbour. Market now has a great selection for buyers.
Listings -219. 40 listed under $500,000. 76 listed between $500,000 and $1M. 41 listed between $1M and $2M and 62 listed over $2M(up from 41 last month) including 10 over $5M. 17 expired (up from 12 last month), expect to see more of these. Read the rest of this entry »
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Corner Suite in Cielo of Coal Harbour for Sale
March 19th, 2010 Categories: Coal Harbour, Luxury Condos
Welcome home to Coal Harbour’s CIELO, steps to the waterfront and walking distance to work, shops, restaurants and Robson Street. Enjoy Urban Fare at your doorstep. Spacious well appointed 787 SF one bedroom corner suite featuring a large 80 sq. ft. SW facing balcony. High end finishing includes granite countertops, gas stove, KitchenAid S/S appliances, walk-in frameless glass shower, air-conditioning, geothermal system and insuite storage. Fabulous mountain & water views from roof-top patio with gas fireplace, jacuzzi, fitness centre & meeting room. Parking and locker included. Concierge. Quick possession possible. Call today and make an offer!
Asking $609,900.
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