Archive for the 'False Creek North' Category
Vancouver Real Estate Analysis for False Creek North
August 10th, 2010 Categories: False Creek North, Neighbourhoods, Real Estate
False Creek North real estate analysis for July saw listings drop, having peaked in May and now on par with May’08 when the inventory was rising. Sales flat at 34, which is lower than Jun’09 but higher than Jun’08. A whopping 80% of solds were under $1M. The listings that didn’t sell and came off the market is the second highest for the year at 30 and this may be why the inventory is dropping. A drop in inventory to 5.6 months. Condos over $1M not doing well. Days on the market increased 62, which is the second highest for the year but same as Jun’09. Average $psf 732 and sale price to list price ratio flat at 95%. Read the rest of this entry »
| Discussion: No Comments »
Vancouver Real Estate Analysis for False Creek North
July 18th, 2010 Categories: False Creek North, Market Data, Real Estate
False Creek North real estate analysis for June saw listings drop, having been on the rise for the prior 6 months, from 255 to 228. equal to Oct’08 and Jan ‘09. Sales jumped from 22 to 35 which was lower than Jun’09 but higher than Jun’08.and lower than Jun’08. 70%of solds were under $1M. The listings that didn’t sell and came off the market is the highest for the year at 32, up from 21 in May. A drop in inventory to 6 months but 7.8 months of inventory for condos over $1M. Days on the market fell to 47. Average $psf 834 and sale price to list price ratio down to 95%.
Listings - 225 . 25 listed under $500,000 . 119l istings between $500,000 & $1M. 60 listed between $1 and $2M and 26 listed over $2M including 3 over $5M.
Expireds (didn’t sell) March 13, Feb 5, Mar 17, May 21, Jun 32 Read the rest of this entry »
| Discussion: No Comments »
Vancouver Real Estate Analysis for False Creek North
June 8th, 2010 Categories: False Creek North, Market Data
False Creek North real estate analysis for May saw listings on the rise for the sixth consecutive month, from 258 to 253, equal to Oct’08 and Jan ‘09. Sales fell from 31 to 22 and lower than May’09 and ‘08. 15 of the 22 sales were under $1M. The listings that didn’t sell and came off the market is the highest for the year at 21 (10% of inventory). A whopping 11 months of inventory and the market over $1M not doing well. Days on the market jumped from 40 to 68. The supply of condos is 4 times greater than it was in November. Average $psf 802 and sale price to list price ratio up to 98%.
Listings - 255 eight listed under $400,000 and 25 listings between $400,000 & $500,000. 53 listed between $500,000 and $700,000. 79 listed between $700,000 and $1 million. 61 listed between $1 & $2 million and 29 listed over $2 million, including 2 listed over $10M.
Expireds (didn’t sell) March 13, Feb 5, Mar 17, May 21 Read the rest of this entry »
| Discussion: No Comments »
Just Listed! 1906-1438 Richards, Vancouver
May 27th, 2010 Categories: False Creek North
Welcome home to Downtown Vancouver’s Beach Crescent neighborhood & Azura! Featuring Club Viva resort amenities which incl indoor pool, whirlpool, steam, sauna, gym, squash court, billiard room, party room, media room, guest suite, and 24 hr concierge.
This NW corner 1 bedroom and den offers floor-to-ceiling windows to enjoy the city, park and marina views. Plus master bedroom walk-in closet, ensuite storage, and a spacious balcony to enjoy an evening cocktail. Your kitchen boasts a gas stove, stainless steel appliances, and a kitchen breakfast bar. Well laid out open floor plan. One parking and bike room. Read the rest of this entry »
| Discussion: No Comments »
False Creek North Real Estate Analysis
May 17th, 2010 Categories: False Creek North, Market Data
False Creek North real estate analysis for April saw listings on the rise for the fifth consecutive month, from 227 to 238, higher than April’08 and ‘09. Sales fell from 39 to 31 and lower than Apr’09 and ‘08. Most sales under $1M. Luxury market in this n’hood is soft. Days on the market flat at 40. The supply of condos this year is nearly double what is was in the Fall. April’09 had 4 months of inventory, vs 7.6 months now. Average $psf 755 and sale price to list price ratio 97%. Read the rest of this entry »
| Discussion: No Comments »
False Creek North Real Estate Analysis
April 20th, 2010 Categories: False Creek North, Market Data
False Creek North real estate analysis for March saw listings on the rise for the fourth consecutive month, from 187 to 227 (about 20%) and equal to a year ago but higher than March’08. Sales increased from 20 to 39 (doubled) and higher than a year ago but lower than March’08 and more sales over $1M. Days on the market consistant at 41. The supply of condos this year is nearly double what is was in the Fall. $824 psf.
Listings - 227 four listed under $400,000 and 13 listings between $400,000 & $500,000. 44 listed between $500,000 and $700,000. 79 listed between $700,000 and $1 million. 53 listed between $1 & $2 million and 34 listed over $2 million.
Expireds (didn’t sell) March 13, Feb 5 Read the rest of this entry »
| Discussion: No Comments »
False Creek North Real Estate Analysis
March 14th, 2010 Categories: False Creek North, Real Estate
False Creek North real estate analysis for Febuary saw listings on the rise for the third consecutive month, from 153 to 187. Sales dropped from 28 to 20, the lowest since Feb’09. Days on the market consistant at 41. The supply of condos nearly doubled, now 9.3 months with considerably more sales over $1M, pushing the $psf up to $863. Buyers finally have a good selection of condos. We attribute the drop in sales in this waterfront neighbourhood to the difficulty in accessing properties during the Olympics.
Listings - 187 three listed under $400,000 and 11 listings between $400,000 & $500,000. 35 listed between $500,000 and $700,000. 64 listed between $700,000 and $1 million. 46 listed between $1 & $2 million and 28 listed over $2 million. 5 expired (didnt’ sell). Read the rest of this entry »
| Discussion: No Comments »
False Creek North Real Estate Analysis
February 15th, 2010 Categories: False Creek North, Market Data, Real Estate
False Creek North real estate analysis for January saw listings up from 133 to 153 for the second consecutive month. Sales also increased fro 17 to 28. Days on the market up from 34 to 43. The average selling price was up to $688,000 and $psf flat at $694. The supply of condos dropped to 5.6 months. The condo listings over $2M nearly doubled. An early spring for False Creek North. Read the rest of this entry »
| Discussion: No Comments »
Vancouver Real Estate Analysis for False Creek North
January 23rd, 2010 Categories: False Creek North, Real Estate
Vancouver real estate analysis for False Creek North bucked the trend and saw listings up from 111 to 133, the first month in 2009 that listings increased. Sales down from 36 to 17. Days on the market down from 42 to 34. The average selling price and $psf were both due to more sales at the bottom end. The average supply of condos in this waterfront n’hood more than doubled to 7.8 months.
Listings - 133 four listed under $400,000 and 13 listings between $400,000 & $500,000. 24 listed between $500,000 and $700,000. 41 listed between $700,000 and $1 million. 36 listed between $1 & $2 million (up from 26 last month) and 15 listed over $2 million. 13 condos did not sell (up from 7 last month) and 6 were re-listed at the same or higher prices, indicating sellers are pushing the market prices. Read the rest of this entry »
| Discussion: No Comments »
Vancouver Real Estate Analysis for False Creek North
December 29th, 2009 Categories: False Creek North, Real Estate
Vancouver real estate analysis for False Creek North saw listings down from 125 to 111. Sales up from 33 to 36. Days on the market down from 53 to 42. The average selling price down from $980,000 to $787,000 as more sales at the bottom end. The average supply of condos in this waterfront hood is now under 3 months, the lowest for the year. This neighbourhood now selling best under $700,000. Read the rest of this entry »
| Discussion: No Comments »
; ?>/images/MatoChiclet.gif)
