View the REBGV 34-Year Price Index and Sales Stats for the Coal Harbour neighbourhood below. To view market updates / sales statistics for other neighbourhoods, follow these links: Coal Harbour, West End, Yaletown, Downtown, Entire Downtown. Full REBGV report: REBGV Stats Package through August 2011 (PDF).
August marked the third consecutive month that home sale activity in Greater Vancouver was below the 10-year average for the month. In contrast, home listing activity in the region has exceeded the 10-year norm every month since the beginning of the year.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,378 in August. This total represents an eight per cent increase compared to the 2,202 sales in August 2010, but also ranks as the third
lowest total for August in the last 10 years.
Sales of apartment properties reached 955 in August 2011, a 2.1 per cent increase compared to the 935 sales in August 2010, and a decrease of 34.8 per cent compared to the 1,464 sales in August 2009. The benchmark price of an apartment property increased 5.6 per cent from August 2010 to $407,457.
For more information on the Downtown Vancouver Real Estate market or to have a Comparative Market Analysis done for your property, contact Kimmins and Associates.