False Creek Real Estate Statistics

Wow! There are are some pretty remarkable numbers here this month. False Creek real estate got hit over the head with a 3 day old baguette this past month. Of the 14 units listed for sale in False Creek in October, NOT ONE, sold! There were only 4 units sold in the whole month and three of those were pre-paid leasehold units! All that being said the average, and median, list price to sale price ratio was a very healthy 98! Take a look at the stats below. I am hoping to add some sexy graphs soon, but I still have some learning to do on the spreadsheet programs.

LISTED IN FALSE CREEK IN OCTOBER

Freehold Strata Units Listed:  11 (20,6,28)
Pre-paid Leasehold Strata Units Listed: 2 (12,2,2)
Non Pre-paid Leasehold Strata Units Listed:  1  ( 2,0,1)
Total Units Listed: 14 (33,8,23)

Median list price: $539,450   ($549,000,$574,950,$599,000)

SOLD IN FALSE CREEK IN OCTOBER

(last 3 month's numbers in brackets)

Sold from listed in October: 0                                 

Freehold Strata Units Sold: 1 (4,28)
Pre-paid Leasehold Strata Units Sold: 3 (3,1,1)
Non Pre-paid Leasehold Strata Units Sold:  0 (0,0,0)
Total Units Sold:  4 (7,3,9)

Average Sold Price:  $384,600 ($541,214 ,$734,000)
Median Sold Price:  $374,950 ($545,000,$550,000)

List Price to Sold Price Ratio: 98%

Average Days on Market: 27 (21,71, 29)
Median Days on Market: 24 (12,61, 14)

Are you thinking ablout making a move in False Creek real estate?  I am always happy to answer your False Creek real estate questions.


This post orignally appeared on my False Creek blog, the False Creek Comet