Archive for the 'Olympic Village' Category
Vancouver Real Estate Analysis for Olympic Village
August 11th, 2010 Categories: Neighbourhoods, Olympic Village, Real Estate
The Olympic Village is Vancouver’s last waterfront community. Vancouver real estate statistics for False Creek South (Olympic Village) saw July listings flat and sales grind to a halt with only 2 reported on MLS for the month. Average days on market jumped to 53 and average sold price $542,3000. Average $psf $596.. Sale price to list price ratio 98%. Read the rest of this entry »
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Vancouver Real Estate Analysis for Olympic Village
July 25th, 2010 Categories: Olympic Village, Real Estate
The Olympic Village is Vancouver’s last waterfront community. Vancouver real estate statistics for False Creek South (Olympic Village) saw June listings up, as resales came on the market - and sales down. Average days on market dropped to 22 and average sold price $447,000 as 5 of the 6 sales were under $500,000. Average $psf $578.. Sale price to list price ratio 98%. Read the rest of this entry »
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Vancouver Real Estate Analysis for Olympic Village
June 25th, 2010 Categories: Market Data, Olympic Village
The Olympic Village is Vancouver’s last waterfront community. Vancouver real estate statistics for False Creek South (Olympic Village) saw May listings and sales increase. Average days on market dropped from 60 to 29and average sold price increased to $588,000 . Average $psf $615.. Sale price to list price ratio 98%.
420 units of the 1,100 total units on the site have been sold. MilleniumWaterwill be pre-selling the remainder in May . The waterfront units will be over $1M. Hire me as your Buyer Agent! May 15th is the Grand Opening and 9 floorplans will be on display. View the plan for the neighbourhood, including its amenities. The neighbourhood will eventually house 16,000 people. N.B. Roger bayley was the design manager of the Challenge Series.
We can only track the activity for this neighbourhood through MLS,not the Developers who are pre-selling, but that will eventually change as they all become resales and then we can get a better feel for the neighbourhood.Most expensive listing $1,590,000 for 1225 sq.ft. penthouse (air conditioned) in Foundry. Least expensive $305,000 for a studio.
Listings 2009 - Feb 19, Mar 18, Apr 16, May 26, Jun 28, Jul 18, Aug 26, Sept 36, Oct 40, Nov 28, Dec 25
Listings 2010 – Jan 33, Feb 36, Mar 33, Apr 39, May 47
12 listed between $300,000 & $500,000. 17 listed between $500,000 and $1M and 4 listed over $1M Sales 2009-Feb 0, Mar 3, Apr 5, May 3, Jun 4, Jul 10, Aug 2, Sept 9, Oct 3, Nov 7, Dec 11 (4 resales and 7 pre-sales)
Sales 2010 -Jan 7, Feb 4, Mar 7 (all under $750,000), Apr 5 (all under $485,000), May 10 (all under $750,000)
Average Days on Market for Solds 2009-Mar 22, Apr 28, May 14, Jun 41, Jul 94, Aug 37, sept 17, Oct 20, Nov 36, Dec 35
Average Days on Market for Solds 2010 – Jan 24, Feb 25, Mar 36, Apr 60, May 29
Average Sale Price - Mar $399,000 , Apr $325,000, May$429,665, Jun $424,750, Jul $378,150, Aug $401,500, Sept $516,522, Oct $726,000, Nov $457,000, Dec 419,000
Average Sale Price – Jan $396,258, Feb $571,980, Mar $490,470, Apr $420,380, May $558,270Average $psf 2009 - Mar $485, Apr $533, May $557, Jun $538, Jul $561, Aug $549, Sept 635, Oct $551, Nov $611, Dec $586Average $psf 2010 - Jan 617, Feb $622, Mar $622, Apr $642, May $615
List Price to Sale Price Ratio 2009- Mar 96%, Apr 97%, May 99%, Jun 98%, Jul 98$, Aug 98%, Sept 100%, Oct 99%, Nov 98%, Dec 99%
Sale Price to List Price Ratio 2010 – Jan 100%, Feb 99%, Mar 98%, Apr 99%, May 98%
Neighbourhood Buildings -LOFT 495 at 495 W. 6th. LOFT 338 at 338 W. 8th. The VUE at 2520 Manitoba is now 3 years old. The ELEMENTS at 2515 Ontario was built in 2004. THE CALLADINE at 2626 Alberta completed in 2008. XL LOFTS at 438 W. 8th. CENTRO at 138 W. 6th. TURNBULL’S WATCH at 380 W. 10th, THE EXCHANGE at 388 W. 1st
Canada Line, which joines Vancouver International Airport to Downtown. On August 17, 2009 the ride was free and there was a 2 hour wait. check out the website
NOW PRES-SELLING! MAYNARDSBLOCK on W. 1st & Cambie - Two 13 and 9 storey concrete, steel and glass towers connected to historically restored Maynards brick buildingwith 171 CONDOS UNDER $399,900. Rennie Marketing Presentation Centre open Sat-Thurs. Developer is Aqualini. James at 288 W. 1st by Cressey. Call me if you are interested in buying.
PINNACLELIVING at 20 E. 1st. 600sf one bedrooms from $359,000. 1050 sf two bedrooms from$699,000. Due for completion October 2011.
UPCOMING PRESALES -1700 Manitoba and 1827 Crowe
Olympic village condos completed in November 2009 , occupied by the Olympians, then the Developer will clean them up and owners will receive title in summer 2010. Remaining units now pre-selling, starting at $499,000 – $5million
Visit the City’s website on this neighbourhood
Subscribe to Millennium-Water’s ezine and learn more about the Olympic Village site, its industrial history, sustainability, planning, policy, water, amenities, the community
search for listings on your own VOW (virtual office website). Sign up for a FREE subscription and receive listings 2 days before realtor.ca, in Full Printout. Search by address, MLS#, street. View google street search, Walkscore and more!
when you’re ready to buy or sell an olympic village condo, contact Maggie, an experienced marketing vancouver homes since 1981 and 2009 MLS Medallion Club Master Diamond Member
keep up to date with vancouver’s changing real estate market, subscribe via RSS or email
info from rebgv and though deemed to be correct, should be verified by the individual
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June 16th, 2010 Categories: Olympic Village, Wordless Wednesdays
The view from Vancouver’s Olympic Village condos
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Wordless Wednesday
June 9th, 2010 Categories: Olympic Village, Wordless Wednesdays
Vancouver’s 2010 Olympic Village
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Vancouver Olympic Village Real Estate Analysis
May 14th, 2010 Categories: Market Data, Olympic Village
The Olympic Village is Vancouver’s last waterfront community. Vancouver real estate statistics for False Creek South (Olympic Village) saw April listings up and sales down. Average days on market increased to 60 and average sold price down to $420,000 . Average $psf flat at $642.. sale price to list price ratio 99%.
420 units of the 1,100 total units on the site have been sold. MilleniumWaterwill be pre-selling the remainder in May . The waterfront units will be over $1M. Hire me as your Buyer Agent! May 15th is the Grand Opening and 9 floorplans will be on display. View the plan for the neighbourhood, including its amenities. The neighbourhood will eventually house 16,000 people. Read the rest of this entry »
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Vancouver Olympic Village Real Estate Analysis
April 17th, 2010 Categories: Market Data, Olympic Village
The Olympic Village is Vancouver’s last waterfront community. Vancouver real estate statistics for False Creek South (Olympic Village) saw March listings down and sales up. Average days on market up to 36 and average sold price down to $490,000 . Average $psf flat at $622.. sale price to list price ratio 98%.
420 units of the 1,100 total units on the site have been sold. MilleniumWaterwill be pre-selling the remainder in May . The waterfront units will be over $1M. Hire me as your Buyer Agent! The Developer’s agent works for the developer! Read the rest of this entry »
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Vancouver Olypic Village Analysis
March 8th, 2010 Categories: Olympic Village, Real Estate
The 2010 Winter Olympic Games Came, Saw and Conquered! So much fun!! Congrats to our athletes!
The Olympic Village is Vancouver’s last waterfront community. Vancouver real estate statistics for False Creek South (Olympic Village) saw Febuary sales up slightly and sales down slightly.. Average sold price up to over $370,000 and sale price to list price ratio 99% with average days on market 36, Overall a strong market.
420 units of the 1,100 total units on the site have been sold. MilleniumWaterwill be pre-selling the remainder in May . The waterfront units will be over $1M. Hire me as your Buyer Agent! The Developer’s agent works for the developer!
City Hall will shortly be making a decisionon whether the Olympic Village will or will not ontain social housing. Will they sell the units designated for social housing in order to increase the revenue to the City?
We can only track the activity for this neighbourhood through MLS,not the Developers who are pre-selling, but that will eventually change as they all become resales and then we can get a better feel for the neighbourhood.Most expensive listing $1,590,000 for 1225 sq.ft. penthouse (air conditioned) in Foundry. Least expensive $319,000 for a studio.Listings 2009 - Feb 19, Mar 18, Apr 16, May 26, Jun 28, Jul 18, Aug 26, Sept 36, Oct 40, Nov 28, Dec 25
Listings 2010 – Jan 33, Feb 36
13 listed under $500,000. 17 listed between $500,000 and $1M and 6 listed over $1M
Sales 2009-Feb 0, Mar 3, Apr 5, May 3, Jun 4, Jul 10, Aug 2, Sept 9, Oct 3, Nov 7, Dec 11 (4 resales and 7 pre-sales)
Sales 2010 -Jan 7, Feb 4
All sales were under $750,000
Average Days on Market for Solds 2009-Mar 22, Apr 28, May 14, Jun 41, Jul 94, Aug 37, sept 17, Oct 20, Nov 36, Dec 35
Average Days on Market for Solds 2010 – Jan 24, Feb 25
Average Sale Price - Mar $399,000 , Apr $325,000, May$429,665, Jun $424,750, Jul $378,150, Aug $401,500, Sept $516,522, Oct $726,000, Nov $457,000, Dec 419,000
Average Sale Price – Jan $396,258, Feb $571,980
Average $psf 2009 - Mar $485, Apr $533, May $557, Jun $538, Jul $561, Aug $549, Sept 635, Oct $551, Nov $611, Dec $586
Average $psf 2010 - Jan 617, Feb $622
List Price to Sale Price Ratio 2009- Mar 96%, Apr 97%, May 99%, Jun 98%, Jul 98$, Aug 98%, Sept 100%, Oct 99%, Nov 98%, Dec 99%
Sale Price to List Price Ratio 2010 – Jan 100%, Feb 99%
Neighbourhood Buildings -LOFT 495 at 495 W. 6th. LOFT 338 at 338 W. 8th. The VUE at 2520 Manitoba is now 3 years old. The ELEMENTS at 2515 Ontario was built in 2004. THE CALLADINE at 2626 Alberta completed in 2008. XL LOFTS at 438 W. 8th. CENTRO at 138 W. 6th. TURNBULL’S WATCH at 380 W. 10th
Canada Line, which joines Vancouver International Airport to Downtown. On August 17, 2009 the ride was free and there was a 2 hour wait. check out the website
PRESALE!! MAYNARDSBLOCK on W. 1st & Cambie from $289,900 going on sale next month. Call me if you are interested in buying.
PINNACLELIVING at 20 E. 1st. 600sf one bedrooms from $359,000. 1050 sf two bedrooms from$699,000. Due for completion October 2011.
UPCOMING PRESALES -1700 Manitoba and 1827 Crowe
The Exchange at 388 W. 1st, an old telephone exchange building is completed and now selling - studios 367 sf from $346,000.
Olympic village condos completed in November 2009 , occupied by the Olympians, then the Developer will clean them up and owners will receive title in May 2010. Remaining pre-sales go on the market in May 2010, starting at $499,000 – $5million(prices to be confirmed).
Visit the City’s website on this neighbourhood
Subscribe to Millennium-Water’s ezine and learn more about the Olympic Village site, its industrial history, sustainability, planning, policy, water, amenities, the community
search for listings on your own VOW (virtual office website). Sign up for a FREE subscription and receive listings 2 days before realtor.ca, in Full Printout. Search by address, MLS#, street. View google street search, Walkscore and more!
when you’re ready to buy or sell an olympic village condo, contact Maggie, an experienced marketing vancouver homes since 1981
keep up to date with vancouver’s changing real estate market, subscribe via RSS or email
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Olympic Village Real Estate Analysis
February 8th, 2010 Categories: Olympic Village
Let the Games Begin! 4 days and counting! Follow the Torch and the fun which begins february 12, 2010. Buy tickets for 2010 Winter Olympic Events.
The Olympic Village is Vancouver’s last waterfront community. Vancouver real estate statistics for False Creek South (Olympic Village) saw January sales down and listings up. Average sold price $396,000 and list price to sales price ratio an amazing 100% indicating sales selling at or above list price.
In her report to council in October, city manager Penny Ballem confirmed that 420 units of the 1,100 total units on the site (including affordable housing) have been “inspected, approved and locked down by VANOC”. MilleniumWater will be pre-selling the remainder in May . The waterfront units will be over $1M. Hire me as your Buyer Agent!We can only track the activity for this neighbourhood through MLS, not the Developers who are pre-selling, but that will eventually change as they all become resales and then we can get a better feel for the neighbourhood.
Most expensive listing $1,590,000 for 1225 sq.ft. penthouse (air conditioned) in Foundry. Least expensive $319,000 for a studio. Read the rest of this entry »
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UBC Study Reports the Effects of the Olympics on Real Estate Prices
January 30th, 2010 Categories: Olympic Village, Vancouver
Cities that win Olympic bids experience neither boom nor bust in their real estate prices, but gain construction jobs as they prepare for the Games.
We do not find support for the argument of host city backers that the Olympics delivers positive economic benefits, nor of the arguments made by opponents that there is some post-Olympic bust,” says Tsur Somerville, lead author and Sauder’s Real Estate Foundation of B.C. Professor in Real Estate Finance. Read the rest of this entry »
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