Vancouver’s waterfront neighbourhood of Yaletown saw the average sale price in August of $746,000 or $728psf. This price was first achieved in January 2008, so buyers now have an opportunity to purchase condos at 2008 prices!
Listings sit at 221 and are trending down. The peak was Sept’08 at 600.
Sales sit at 47, down from 82 in June and days on the market were 49. Sales to active listings are 21%, down from 30% in June.
Most expensive sale in this Vancouver neighbourhood during 203 was at Kings Landing where the sub penthouse sold for $3.8M for 2700sf.
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Author Maggie Chandler 1648 W. 6th Ave., Vancouver, BC V6J 1R3
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