Welcome to the blog section. In this blog I’ll be posting about what is happening around my neighbourhood (Yaletown & False Creek North), Vancouver luxury real estate,   real estate and related issues. If you have any suggestions, please let me know, have fun.
 
 
Friday, November 4, 2011

Vancouver West Multimillion Dollar Condos ($2M and up) Octber 2011 Stats.

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Multimillion Dollar Condos ($2M and up).  
$2 Million dollars and up in Vancouver West.  
October 2011
Total Sales                       7
Average sqft              2,397
Average Asking Price  $  3,514,571
Average Asking Price Per SQFT  $          1,456
Average Selling Price  $  3,294,642
Sale  price Per SQFT  $          1,371
Sale Price to List Price Ratio                    94
Average Days On The Market                    94

 

High end condos, had the same number of units sold as October 2010, the difference is that prices are higher and days on the market are 22 days longer. If last years are and indication of what’s to come for November and December, we should see a slight increase (1 or 2 extra sales) for November and a huge drop in December. As well as homes I expect a busy season for the end of January and the whole month of February due to Asian Buyers.

What are your thoughts?

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