west end real estate analysis

West End real estate analysis saw January listings and sales up, compared to December, leaving the supply stable at less than 3 months. Listings and sales similar to Jan’09. The days on the market for condos that sold dropped from 41 to 28. The average selling price steady at $544,000. The sales under $500,000 up from 51% to 61% and the sales over $1M increased. The list price to sale price ratio is 98% . Listings - 162. 17 listed under $300,000 (including 1 under $200,000). 32 listed between $300,000 and $400,000. 30 listed between $400,000 and $500,000(up from 14 last month) ,39 listed between $500,000 and $1M. 28 listed between $1M & $2M. 13 listed over $2M (doubled from last month) Least expensive -$209,00 for a leasehold studio Most expensive - $5,780,000 for 4500 sq-ft in Shangri-la. View it Supply 2009(months) - Nov 2.6, Oct 2.6, Sept 2.6. Aug 2.7 months, Jul 2.1, Jun 2.2, May 5.2, Apr 3.2, Mar 4.5, Feb 8, Jan 9.7 Supply 2010 - Jan 2.8 2008 Listings - Jan 168, Feb 172 , Apr 232 , May 241 , June 235, July 235, Aug 246, Sept 257, Oct 268, Nov 281, Dec 242

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