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What Is Happening With Pricing on Resale Property In Coal Harbour?

COAL HARBOUR PRICES


So what is going on with prices in Coal Harbour on resale properties you ask?  They are remarkably resilient for the most part, particularly on the higher end of the pricing ladder.   Here is some historical data derived from MLS for sales in Coal Harbour:


Jan 1-Nov 1, 2008

223 units sold
highest sale price $6.5m  5 bedroom 6 bath sold at  $1622/sq ft, in only 24 days (that was back in March '08)
median sale price $775K, 2 bed 2 bath $769/sq ft  37 days on market
average sale price $1,066,520m, 1 bed, 1 bath, $853/sq ft, 52 days on market


44 sales since August 1, 2008
highest sale price since August 1st, 2008 was $5.350m, $1533/sq ft on a property listed at $6.9m or $1978/sq ft.  212 DOM [days on market]
8 of the 44 sales over $2m
14 of 44 sales between $1m-$2m
13 sales between $500,000. -$1m
9 sales below $500,000.

 


COMPARED WITH SAME PERIOD LAST YEAR:

Jan 1-Nov 1, 2007

378 units sold
highest sale price $4.9m, 4 bed 4 bath, $1817/sq ft, 469 DOM [days on market]
median sale price $594,250, 2 bed 2 bath, $698/sq ft, 30 DOM
average sale price $834K, 1 bed, 1 bath, $759/sq ft, 47 DOM

 

Call Joy or I if you would like us to evaluate your Coal Harbour property, as prices vary from building to building and the data above is based on averages.